News Summary:   IBM to platformize internal security solutions with Palo Alto Networks; Palo Alto Networks will be its preferred cybersecurity partner across network, cloud and SOC Palo Alto Networks will incorporate watsonx large language models (LLMs) in Cortex XSIAM to deliver additional Precision AI™ solutions IBM will bolster its leading security services to drive a significant book of business in cybersecurity and AI security, featuring Palo Alto Networks platforms in its expanded portfolio IBM will ...

The upcoming report from Palo Alto Networks (PANW) is expected to reveal quarterly earnings of $1.25 per share, indicating an increase of 13.6% compared to the year-ago period. Analysts forecast revenues of $1.97 billion, representing an increase of 14.3% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a company's earni ...

Palo Alto Networks (PANW) is scheduled to report its third-quarter fiscal 2024 results on May 20.Palo Alto projects its fiscal third-quarter revenues in the range of $1.95-$1.98 billion, which suggests a year-over-year increase of 13-15%. The Zacks Consensus Estimate is pegged at $1.97 billion, which implies growth of 14.3% from the year-ago reported figure.For the fiscal third quarter, the company expects non-GAAP earnings in the range of $1.24-$1.26 per share. The Zacks Consensus Estimate for PANW’s non-G ...

New offerings powered by Precision AI™ by Palo Alto Networks help organizations accelerate AI adoption securely NEW YORK and SANTA CLARA, Calif., May 13, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW) and Accenture (NYSE: ACN) today announced an expansion of their long-standing strategic alliance. New offerings will combine Precision AI™ technology from Palo Alto Networks and Accenture's secure generative AI services to help organizations embrace the potential of AI with unparalleled cybersecurity. ...

Core Insights - Cortex XSIAM from Palo Alto Networks is an AI-driven security operations platform that integrates third-party EDR data and custom machine learning models to enhance security operations [1][2][4] - The platform aims to simplify security operations by consolidating various SOC capabilities into a single solution, significantly improving security outcomes and operational efficiency [2][6] Group 1: Product Features and Innovations - Cortex XSIAM allows organizations to adopt third-party EDR telemetry without immediate replacement of existing EDR systems, with ingestion costs credited for up to two years [3] - The Bring Your Own Machine Learning (BYOML) framework enables organizations to create and customize machine learning models tailored to their specific security needs [4] - Cloud Detection and Response (CDR) capabilities provide comprehensive visibility into cloud assets and incidents, enhancing situational awareness for security analysts [5][6] Group 2: Market Position and Recognition - Palo Alto Networks has been recognized with 11 Global InfoSec Awards for 2024, including accolades for Cortex XSIAM as a leading solution in Cybersecurity AI [8] - Research indicates that 86% of security stacks still rely on ten or more tools, highlighting the need for platforms like Cortex XSIAM that facilitate consolidation and integration of security operations [7]

Prisma SASE 3.0 extends Zero Trust to unmanaged devices, secures data with AI, and boosts application performance for partners and customers SANTA CLARA, Calif., May 2, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced its latest innovations to future-proof and transform the workforce with the launch of Prisma® SASE 3.0. Prisma SASE 3.0 now delivers Zero Trust to secure both managed and unmanaged devices with the industry's first natively integrated enterpris ...

In the latest market close, Palo Alto Networks (PANW) reached $293.51, with a +0.72% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.32%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.35%.Heading into today, shares of the security software maker had gained 2.57% over the past month, outpacing the Computer and Technology sector's loss of 1.9% and the S&P 500's loss of 2% in that time.The upcoming earnings release of Palo Alto Networks will b ...

Sundry Photography Cybersecurity stocks took off to start 2024. The WisdomTree Cybersecurity Fund ETF (WCBR) continued its surge off lows notched in October last year, but the ETF has since pulled back considerably as we head into the quarterly reporting season for cybersecurity companies. I reiterate a hold rating on Palo Alto Networks, Inc. (NASDAQ:PANW). I see the stock near fair value amid strong EPS growth, though I am a bit more sanguine on the tech stock's chart which I will detail later in the artic ...

Investors interested in stocks from the Internet - Software sector have probably already heard of Perfect Corp. (PERF) and Palo Alto Networks (PANW) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emph ...

The most recent trading session ended with Palo Alto Networks (PANW) standing at $278.35, reflecting a +0.23% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 0.87%. Elsewhere, the Dow gained 0.67%, while the tech-heavy Nasdaq added 1.11%.Coming into today, shares of the security software maker had lost 3.16% in the past month. In that same time, the Computer and Technology sector lost 5.98%, while the S&P 500 lost 3.97%.Analysts and investors alike will be keepin ...