How the stock has managed to rebound.What a difference a few months can make. In February, Palo Alto Networks (PANW -0.55%) saw its stock tank after the cybersecurity company said it was seeing "spending fatigue" among its customers, and it embarked on a bold new strategy.Weeks later on its earnings call, rival CrowdStrike Holdings (CRWD 0.84%) took at jab at Palo Alto's large collection of single-problem solutions, saying: "Multi-platform hardware vendors evangelized their stitched-together patchwork of po ...

SANTA CLARA, Calif., Aug. 23, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today that members of its management team will be presenting at the following financial community events:Citi 2024 Global TMT ConferenceWednesday, September 4, 20249:10 a.m. EDTGoldman Sachs Communacopia & TechnologyMonday, September 9, 202410:10 a.m. PDTAdditional information about upcoming investor event participation and a live audio webcast of each presentation will be accessi ...

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Palo Alto Networks TodayPANWPalo Alto Networks$357.32 -2.43 (-0.68%) 52-Week Range$224.64▼$380.84P/E Ratio51.94Price Target$363.49Add to WatchlistOperational quality and business trends are why Palo Alto Network's NASDAQ: PANW stock price will soon hit a new all-time high. The latest report shows that business strength persists despite the company’s leaning toward free and reduced services intended to boost total business. That plan appears to be working, and it is compounded by the focus on platformization ...

Jetta Productions Inc I published my 'Buy' thesis for Palo Alto Networks (NASDAQ:PANW) (NEOE:PANW:CA) in May 2024, highlighting their strategy of platformization and long-term growth potentials. Since then, the stock price has surged by more than 19%. Palo Alto Networks released its Q4 result on August 19th with 12% year-over-year growth in revenue, exceeding the market expectations. The company achieved robust growth in Next Generation Security (NGS) portfolio. I maintain a "Buy" rating with a fair value o ...

Key TakeawaysThe S&P 500 slipped 0.2% on Tuesday, Aug. 20, ending a streak of eight consecutive positive trading days for the benchmark index.Shares of medical device makers Insulet and DexCom moved lower as a popular drug from Eli Lilly showed promise in reducing diabetes risk.Palo Alto Networks shares took off after the cybersecurity firm beat quarterly sales and profit estimates. Major U.S. equities indexes finished with minor losses on Tuesday. The S&P 500 fell 0.2%, ending a streak of eight straight wi ...

Wall Street loves Palo Alto stock today. But should you?Cybersecurity specialist Palo Alto Networks' (PANW 8.65%) stock soared 8% through 11:25 a.m. ET Tuesday after the company beat analyst forecasts for sales and earnings last night.Heading into its report for the fiscal fourth quarter of 2024, ended July 31, analysts forecast Palo Alto would earn $1.41 per share in "adjusted" profit on sales of $2.16 billion. Instead, Palo Alto reported $1.51 per share, and sales were $2.19 billion. Palo Alto also guided ...

Shares of Palo Alto Networks Inc PANW were climbing in early trading on Tuesday.The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Check out other analyst stock ratings.KeyBanc: Palo Alto Networks reported its fiscal fourth-quarter billings at $3,502 million. This represents 11% year-on-year growth, beating consensus of $3.45 billion, Heath said in a note. Revenues came in at $2.19 billion, topping expectations of $2,161 million, he added.Management's RPO ...

Key TakeawaysPalo Alto Network shares surged on Tuesday after the company reported better-than-expected quarterly results.Analysts who raised their price targets for the stock said the cybersecurity company's results showed that its platform consolidation efforts were paying off.They also noted that Palo Alto Networks' artificial intelligence (AI) integration initiatives showed early promise. Palo Alto Networks (PANW) shares jumped during intraday trading Tuesday after the cybersecurity company reported str ...

Palo Alto Networks Inc (NASDAQ:PANW) stock is surging today, up 7.5% at $368.95 at last glance, after the cybersecurity name's fiscal fourth-quarter results beat estimates. The company also announced upbeat quarterly and full-year guidance, leading a flood of analysts to lift their price targets on the stock. Today's pop has PANW finally fully recovered from its massive February post-earnings bear gap that saw the stock drop 28.4% in a single session. Year to date, the equity is up 24.4%. Options traders ar ...