Palo Alto(PANW)

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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 ...
Palo Alto Networks Unit 42 Named a Leader in Cybersecurity Incident Response Services
Prnewswire· 2024-06-10 23:12
Core Insights - Palo Alto Networks' Unit 42 has been recognized as a Leader in The Forrester Wave™: Cybersecurity Incident Response Services, Q2 2024, achieving the highest possible scores in nine criteria including Innovation and Threat Intelligence [1][4] Company Overview - Palo Alto Networks is a global leader in cybersecurity, providing next-gen cybersecurity solutions to thousands of customers across various sectors [7] - The company emphasizes innovation to outpace cyber threats, ensuring organizations can adopt technology with confidence [7] Unit 42 Highlights - Unit 42 has nearly doubled its number of Incident Response (IR) Retainer customers in the past year, showcasing its effectiveness in navigating complex incident response investigations [3] - The team consists of global threat experts and seasoned IR consultants, capable of responding to incidents 24/7 [3] - Unit 42's incident response approach focuses on transforming an organization's security posture and enhancing overall cyber resilience [3] Recognition and Achievements - The Forrester report highlights Unit 42's global expansion, innovative IR offerings, and enhanced threat intelligence capabilities [3] - In addition to the recent recognition in incident response services, Palo Alto Networks was also named a Leader in The Forrester Wave™: Extended Detection and Response, Q2 2024 [4] Technology and Innovation - Unit 42 utilizes Precision AI™ technology to automate detection, prevention, and remediation, shifting security from reactive to proactive [3] - The recently launched Arcade platform is designed for IR client onboarding and retainer management, enhancing customer security profiles and situational awareness [3]
Palo Alto Networks, Inc. (PANW) Bank of America 2024 Global Technology Conference (Transcript)
2024-06-04 22:33
Palo Alto Networks, Inc. (NASDAQ:PANW) Bank of America 2024 Global Technology Conference June 4, 2024 10:50 AM ET Company Participants Nikesh Arora - Chief Executive Officer Conference Call Participants Tal Liani - Bank of America Tal Liani Thanks very much for joining us to our tech -- Annual Tech Conference. We have a wonderful schedule for you for the next few days. We have over 540 registered investors. We have 135 companies. I just want to remind you, I'm going to start from the most important part. m ...
3 Growth Stocks That Could 10X Your Money Over the Next Decade
investorplace.com· 2024-05-29 17:32
The pursuit of 10X growth stocks is a quest that captures the imagination of every investor. Getting in on the ground floor of transformative companies can not only provide you with bragging rights but make you extremely rich. Identifying these opportunities can be a difficult endeavor but it is certainly worth the shot. Investors must carefully select these companies at the forefront of emerging technologies such as cybersecurity, artificial intelligence and financial technology. Moreover, successful growt ...