Palo Alto(PANW)

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Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible
MarketBeat· 2024-09-16 16:36
Palo Alto NASDAQ: PANW stock action still has a hurdle to cross at the all-time high, but it should be crossed soon because of a significant shift in the analysts' sentiment. Palo Alto Networks Stock Forecast Today12-Month Stock Price Forecast:$366.085.80% UpsideModerate BuyBased on 42 Analyst RatingsHigh Forecast$420.00Average Forecast$366.08Low Forecast$242.00Palo Alto Networks Stock Forecast DetailsAnalysts trimmed targets earlier this year as fears of platformization and freebies cut into the outlook fo ...
Palo Alto Networks, Inc. (PANW) Goldman Sachs Communacopia & Technology Conference (Transcript)
2024-09-09 20:13
Palo Alto Networks, Inc. (NASDAQ:PANW) Goldman Sachs Communacopia & Technology Conference September 9, 2024 1:10 PM ET Company Participants Nikesh Arora - CEO Conference Call Participants Gabriela Borges - Goldman Sachs Gabriela Borges All right. We will go ahead and kick it off. Thanks everyone for joining us. Day one, Goldman Sachs Communacopia & Technology Conference. I'm Gabriela Borges, I lead our cybersecurity research chair. And I'm excited to have on stage with me Nikesh Arora, CEO of Palo Alto Netw ...
Cloud Security Stocks Face Off: Find Out Who's Leading the Market
MarketBeat· 2024-09-07 11:45
The world is rapidly shifting to the cloud, with businesses migrating critical data and operations to virtual environments. This shift, while transformative, has brought a wave of new security challenges. The cost of data breaches is projected to reach $10.5 trillion globally by 2025, highlighting the urgent need for cloud security solutions. The global cloud security market is estimated to reach $170.8 billion by 2028. Cybercriminals constantly evolve tactics, deploying ransomware attacks and sophisticated ...
Palo Alto(PANW) - 2024 Q4 - Annual Report
2024-09-06 20:14
Table of Contents _____________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35594 Palo Alto Networks, Inc. (Exact name of registrant as specified in it ...
Palo Alto Networks, Inc. (PANW) Citi 2024 Global TMT Conference (Transcript)
2024-09-04 16:47
Palo Alto Networks, Inc. (NASDAQ:PANW) Citi 2024 Global TMT Results Conference September 4, 2024 9:10 AM ET Company Participants Nikesh Arora - Chairman & Chief Executive Officer Conference Call Participants Fatima Boolani - Citi Fatima Boolani Good morning, everybody. I'd like to welcome you all to day one of Citi's Global TMT conference. I'm Fatima Boolani. I jointly Head of the Software Research team here, and I am absolutely delighted to be able to host, the CEO of Palo Alto Networks, Nikesh Arora. Than ...
Palo Alto Shares Gain 23% in a Month: Is the Stock Still Worth Buying?
ZACKS· 2024-09-03 13:51
Palo Alto Networks, Inc. (PANW) has been on a remarkable run, with its shares climbing 23.3% over the past month. This performance has significantly outpaced both the Zacks Computer and Technology sector's 9.6% gain and the S&P 500's 8.7% increase.Compared to its peers, Palo Alto Networks stock has left competitors like Juniper Networks, Inc. (JNPR) and Check Point Software Technologies Ltd. (CHKP) in the dust, with these stocks only gaining 2.4% and 10.7%, respectively, in the same period.Such rapid gains ...
Palo Alto Networks Advances In The Platformization Race
Seeking Alpha· 2024-08-30 03:59
MF3d/iStock via Getty ImagesPalo Alto Networks (NASDAQ:PANW) is realizing the strength of platformization adoption as more companies transition from a single-point solution to total platform adoption. Given the increasing trend the firm is realizing, I believe this can drive significant growth while bolstering margins in the coming quarters as Palo Alto continues to execute on new customer adoption. Despite the challenging macroeconomic environment, I believe there will be a driving force behind continu ...
Cybersecurity Stock Among Best to Own in September
Schaeffers Investment Research· 2024-08-29 19:32
Cybersecurity giant Palo Alto Networks Inc (NASDAQ:PANW) stock is up 2.3% to trade at $358.50 at last check, as investors unpack earnings results from sector peers Okta (OKTA) and CrowdStrike (CRWD). The security already boasts a 50.5% year-over-year lead, with the $345 level containing a pullback from its highest level since February. The shares are on track for their third-straight daily win and, if past is precedent, could keep charging higher next month.Per a study from Schaeffer's Senior Quantitative A ...
Palo Alto Networks Can Be A Major Beneficiary Of The Dramatically Evolving Landscape
Seeking Alpha· 2024-08-28 09:37
da-kuk Investment Thesis In my last article on Palo Alto Networks (NASDAQ:PANW), I discussed the company’s Q3 performance and highlighted the progress made on its platformization strategy. I also highlighted how the partnership with IBM could be a strong growth catalyst for the company, especially in the AI space. In this article, I dissect the company’s fourth quarter earnings report and argue how the company stands to be a major beneficiary from a dramatically changing cybersecurity landscape. I also ...
Palo Alto (PANW) Upgraded to Buy: Here's Why
ZACKS· 2024-08-27 17:01
Palo Alto Networks (PANW) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Si ...