Palo Alto(PANW)
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Palo Alto Networks (PANW) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-07-08 22:51
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 ...
Palo Alto Networks Stock Gains AI-Powered Cybersecurity Solutions
MarketBeat· 2024-07-01 11:10
Palo Alto Networks TodayPANWPalo Alto Networks$339.01 -1.81 (-0.53%) 52-Week Range$201.17▼$380.84P/E Ratio49.27Price Target$326.29Add to WatchlistNetwork cybersecurity provider Palo Alto Networks Inc. NASDAQ: PANW stock has recovered from its fiscal Q3 2024 earnings report. While the results weren't bad, shares took a tumble on its forward guidance. However, the markets can smell a bargain when they see one, and shares have recovered to a 15% year-to-date (YTD) performance. The company integrates its propri ...
Cloud security growth opportunity being driven by app modernization: analysts
Proactiveinvestors NA· 2024-06-27 19:15
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Here's Why Palo Alto Networks (PANW) Fell More Than Broader Market
ZACKS· 2024-06-24 22:50
In the latest market close, Palo Alto Networks (PANW) reached $316.68, with a -1.14% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.31%. Meanwhile, the Dow gained 0.67%, and the Nasdaq, a tech-heavy index, lost 1.09%.The the stock of security software maker has fallen by 0.39% in the past month, lagging the Computer and Technology sector's gain of 6.41% and the S&P 500's gain of 2.73%.Market participants will be closely following the financial results o ...
Wall Street Analysts See Palo Alto (PANW) as a Buy: Should You Invest?
ZACKS· 2024-06-21 14:31
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?Let's take a look at what these Wall Street heavyweights have to say about Palo Alto Networks (PANW) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Palo Alto currently has ...
Palo Alto (PANW) Up 1.7% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-06-19 16:31
A month has gone by since the last earnings report for Palo Alto Networks (PANW) . Shares have added about 1.7% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Palo Alto due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Palo Alto Q3 Earnings and Revenues Beat Estima ...
Palo Alto Networks: Efficiently Absorbing Tailwinds
Seeking Alpha· 2024-06-18 09:17
hapabapa Investment thesis My previous bullish thesis about Palo Alto Networks (NASDAQ:PANW) aged well, as the stock slightly outperformed the broader U.S. market since mid-November 2023. From the fundamental perspective, it appears that the stock rally is fair because the company delivered another strong quarter with solid revenue growth momentum and extensive operating leverage. The free cash flow margin is expanding rapidly, adding more strength to the company's financial position. Having sufficient fina ...
Mark Cuban Foundation and ThoughtSpot Bring AI Bootcamp to Palo Alto Teens
GlobeNewswire News Room· 2024-06-12 13:15
MOUNTAIN VIEW, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- The Mark Cuban Foundation, in partnership with ThoughtSpot, the AI-Powered Analytics Company, is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in Mountain View. With a custom and highly-relevant curriculum focused on teaching students about the latest developments in the world of AI and Generative AI, the camp will provide the tools to make these technologies work for them and promises to educ ...
Stock Split Watch: 2 Artificial Intelligence (AI) Stocks to Buy Now That Look Ready to Split
The Motley Fool· 2024-06-11 14:15
These AI leaders are set to rally.The artificial intelligence (AI) boom promises to create fortune-building opportunities for forward-thinking investors. Key providers of AI infrastructure and applications could be particularly attractive investments as they're likely to benefit disproportionately from the tech industry's growth.AI leaders that enact forward stock splits could receive an additional boost. Splits may not change the fundamental value of a business, but investors view them as a vote of confide ...
Palo Alto Networks Recognized as a Leader in Operational Technology Security Solutions
Prnewswire· 2024-06-11 13:50
Comprehensive end-to-end platform solves multiple use cases with OT expertise and capabilities SANTA CLARA, Calif., June 11, 2024 /PRNewswire/ -- Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, announced today it has been recognized as a Leader in The Forrester Wave™: Operational Technology Security Solutions, Q2 2024. Palo Alto Networks received the highest scores in both the strategy and current offering categories. According to the report, "It envisions seamless integration of IT an ...