Palo Alto(PANW)
Search documents
3 Tech Stocks Poised for a Post-Earnings Surge in March
InvestorPlace· 2024-03-01 18:19
Post-earnings tech stocks are our topic for today. As the tech-heavy Nasdaq 100 has surged more than 5% year-to-date (YTD), investors are rigorously assessing companies with accelerated growth potential that may see a surge in price following recent earnings announcements.Market sentiment favors businesses demonstrating a clear capacity to leverage artificial intelligence (AI) for competitive advantage and revenue expansion. Despite recently issuing cautious near-term guidance, our three post-earnings tech ...
Can This Beaten-Down Tech Stock Become a Top Artificial Intelligence (AI) Play?
The Motley Fool· 2024-03-01 10:10
Palo Alto Networks (PANW -1.77%) expects artificial intelligence (AI) to become a key growth driver for the company in the long run, which is not surprising as this technology is expected to play a central role in shoring up cyber defenses and help organizations protect their networks from bad actors. However, a closer look at the company's latest quarterly results indicates it has a lot of work to do before it can make the most of the AI-related cybersecurity opportunity.Bloomberg Intelligence forecasts th ...
Bulls Bank Massive Profit on Cybersecurity Stock
Schaeffers Research· 2024-02-28 18:53
Subscribers to Schaeffer's Weekly Options Countdown Plus scored a 302% gain in only two days with our Palo Alto Networks Inc (NASDAQ:PANW) weekly 3/1 282.50-strike call recommendation. Below, we'll unpack the reasoning for the short-term bullish position on PANW.When we recommended this trade on Friday, Feb. 23, the cybersecurity stock had just suffered a post-earnings pullback. The drop sent the stock down to the 200-day moving average, but support came into play above this long-term trendline, with additi ...
Palo Alto Networks: Market Misunderstanding Delivered A Golden Buying Opportunity (Upgrade)
Seeking Alpha· 2024-02-27 22:22
Michael Vi Palo Alto Networks Stock Suffered A Brutal Selloff Palo Alto Networks, Inc. (NASDAQ:PANW) stock has significantly outperformed the S&P 500 (SP500) since my previous update in August 2023. While my article suggested caution then, I also highlighted that I added my exposure as PANW suffered a steep selloff following its fourth fiscal quarter earnings (FQ4 '23). I've also maintained my generally bullish posture in the cybersecurity space, in line with my recent updates on Fortinet, Inc. (FTNT). Fast ...
Cybersecurity Stocks Stunned By Palo Alto, Patience Is Prudent With WCBR
Seeking Alpha· 2024-02-27 09:47
da-kuk Palo Alto Networks (PANW) plunged post-earnings last week. The once high-flying cybersecurity stock fell from near $380 to about $260 peak to trough in February. Shares have since bounced as investors re-assessed the situation. Such major corrective moves are not uncommon following meteoric rises in key investment themes in volatile niches. For many investors, a more diversified portfolio of industry companies can help buffer against such seismic single-stock drops. Let's dig into a lesser-known cybe ...
Should Investors Buy the Dip in Palo Alto Networks Stock?
The Motley Fool· 2024-02-26 21:40
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palo Alto Networks. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Why Palo Alto Networks Stock Is Jumping Today
The Motley Fool· 2024-02-26 19:00
Palo Alto Networks (PANW 9.00%) stock is making gains in Monday's trading. The cybersecurity specialist's share price was up 9.3% as of 1:30 p.m. ET, according to data from S&P Global Market Intelligence.Before the market opened this morning, Susquehanna analyst Shyam Patil released a note on Palo Alto Networks that maintained a positive rating on the stock. JPMorgan's Brian Essex also released a note stating that recent fears surrounding Palo Alto's outlook may be overblown. Investors are reacting positive ...
Investors Heavily Search Palo Alto Networks, Inc. (PANW): Here is What You Need to Know
Zacks Investment Research· 2024-02-26 15:06
Palo Alto Networks (PANW) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this security software maker have returned -17.6% over the past month versus the Zacks S&P 500 composite's +4.7% change. The Zacks Internet - Software industry, to which Palo Alto belongs, has gained 11.1% over this period. Now the key question is: Where could the stock be headed in ...
1 Amazing Artificial Intelligence (AI) Stock Down 29% You'll Regret Not Buying on the Dip
The Motley Fool· 2024-02-26 10:29
Cyber threats are a growing concern among the world's top businesses. Technologies like generative artificial intelligence (AI) are helping bad actors craft sophisticated attacks by creating hyper-realistic phishing emails, and voice recordings that can trick employees into handing over sensitive information.In fact, 64% of the 4,702 CEOs recently surveyed by PwC believe generative AI will increase cybersecurity risk in their organizations over the next 12 months. It was their biggest concern when it comes ...
Palo Alto Networks Launches Private 5G Security Solutions with Partner Ecosystem
Prnewswire· 2024-02-26 05:00
Empowering customers with comprehensive, integrated private 5G solutions BARCELONA, Spain, Feb. 26, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW) today announced end-to-end private 5G security solutions and services in collaboration with leading Private 5G partners. Bringing together Palo Alto Networks® enterprise-grade 5G Security and Private 5G partner integrations and services allows organizations to easily deploy, manage, and secure networks throughout their entire 5G journey. The launch addres ...