Palo Alto Networks, Inc. (PANW) , a leading name in cybersecurity, has experienced a significant drop of more than 10% in its stock price over the past month, a decline that far exceeds the 6.5% drop of the S&P 500.The primary driver behind this decline is the broader market sell-off, fueled by macroeconomic concerns. Investors are jittery due to uncertainty around the Federal Reserve's interest rate policies and fears of a potential U.S. recession. The recent disappointing job report from the U.S. Departme ...

SANTA CLARA, Calif., Aug. 2, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today that it will release the financial results for its fiscal fourth quarter and fiscal year 2024, ended July 31, 2024, after U.S. markets close on Monday, August 19, 2024. Palo Alto Networks will host a video webcast that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results.A live video webcast will be accessible from the "Investors" section of the Palo ...

29 Jul 2024 CMB International Global Markets | Equity Research | Initiation Palo Alto Networks (PANW US) Cybersecurity giant poised for new round of growth Palo Alto Networks (PANW) is a global cybersecurity provider which helps secure enterprise users, networks, clouds and endpoints. It operates business in three key areas, including network security, cloud security, and Security Operation Center (SOC), and its leadership has been recognized in 23 product categories by Gartner, Frost & Sullivan, and GigaOm ...

Sundry Photography Investment Thesis CrowdStrike's (CRWD) uneventful outage last week led to nightmarish digital lockdowns last week, which have distorted the constantly evolving, compelling outlook for the cybersecurity industry, where leading players such as Zscaler (ZS), Cloudflare (NET), and Palo Alto Networks (NASDAQ:PANW) operate at different intersections of the cybersecurity market. Earlier this year, Palo Alto Networks advised investors that it would be anticipating a slowdown in its billings guida ...

Palo Alto Networks (PANW) closed at $333.16 in the latest trading session, marking a +0.69% move from the prior day. The stock's change was less than the S&P 500's daily gain of 1.08%. Elsewhere, the Dow saw an upswing of 0.32%, while the tech-heavy Nasdaq appreciated by 1.58%.Shares of the security software maker witnessed a gain of 3.3% over the previous month, beating the performance of the Computer and Technology sector with its loss of 4.77% and the S&P 500's gain of 0.43%.Analysts and investors alike ...

Palo Alto Networks (NASDAQ:PANW) stock is on the rise Friday as an outage caused by CrowdStrike (NASDAQ:CRWD) boosts its rivals’ shares higher this morning.It looks like an update from Crowstrike to devices running Microsoft’s (NASDAQ:MSFT) Windows is causing outages around the world. CrowdStrike is one of the major players in the cybersecurity game so this is a major blow to its shares as they fall 12.6% today.However, that loss for CRWD stock is good news for its competitors. That includes Palo Alto Netwo ...

Palo Alto Networks (PANW) closed the most recent trading day at $340.91, moving +1.31% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq added 0.4%.The security software maker's stock has climbed by 6.05% in the past month, exceeding the Computer and Technology sector's gain of 4.22% and the S&P 500's gain of 3.78%.Analysts and investors alike will be keeping a close eye on the performance o ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Palo Alto Networks (PANW) .Palo Alto currently has an average bro ...

The S&P 500 index is at a record high, but it isn't too late for long-term investors to buy into the stock market.If you knew there was a once-in-a-century pandemic on the horizon, you would probably expect the benchmark S&P 500 to suffer a sustained decline. But in the face of COVID-19, it actually gained 18.4% in 2020 followed by another 28.7% in 2021. Of course, U.S. government stimulus and record-low interest rates played a role.The S&P 500 then plunged 18.1% in 2022 on the back of soaring inflation and ...

The latest trading session saw Palo Alto Networks (PANW) ending at $337.64, denoting a -1.3% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.1%. Elsewhere, the Dow lost 0.08%, while the tech-heavy Nasdaq added 0.28%.Heading into today, shares of the security software maker had gained 13.31% over the past month, outpacing the Computer and Technology sector's gain of 8.41% and the S&P 500's gain of 4.08% in that time.Investors will be eagerly watching fo ...