Analyst Estimates for Q4 2024 Q3 2024 Q4 2023 Revenue $2.16 billion$1.99 billion$1.95 billion Diluted Earnings Per Share 66 cents 79 cents64 cents  Net Income $232.9 million $278.8 million $227.7 million Key Metrics: 2025 Outlook Spending fatigue among Palo Alto Networks' customers has been a major theme of the company's results in recent quarters, signaling headwinds in the cybersecurity industry. Palo Alto Networks' guidance has been used as an indicator for the sector. The company is expected to pro ...

The market expects Palo Alto Networks (PANW) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be rele ...

The surge in cloud computing stocks has been one of the defining trends of the tech sector in recent years, fueled by the accelerated shift toward digital transformation and remote work solutions. However, not all clouds have a silver lining. As the market matures and growth rates begin to normalize, certain players in the cloud space may not sustain their previously meteoric rises.The cloud computing market is expected to rise from $626 billion in 2022 to $2,220 billion by 2031. The increasing adoption of ...

Palo Alto Networks, Inc. (PANW) , a leading name in cybersecurity, has experienced a significant drop of more than 10% in its stock price over the past month, a decline that far exceeds the 6.5% drop of the S&P 500.The primary driver behind this decline is the broader market sell-off, fueled by macroeconomic concerns. Investors are jittery due to uncertainty around the Federal Reserve's interest rate policies and fears of a potential U.S. recession. The recent disappointing job report from the U.S. Departme ...

SANTA CLARA, Calif., Aug. 2, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today that it will release the financial results for its fiscal fourth quarter and fiscal year 2024, ended July 31, 2024, after U.S. markets close on Monday, August 19, 2024. Palo Alto Networks will host a video webcast that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results.A live video webcast will be accessible from the "Investors" section of the Palo ...

Investment Rating - Initiate coverage with a BUY rating and a target price of US$391.7 per share, representing a 19.9% upside from the current price of US$326.81 [3][2]. Core Insights - Palo Alto Networks (PANW) is positioned to benefit from the increasing demand for cybersecurity solutions, with a projected revenue CAGR of 16% from FY23 to FY26 and a non-GAAP net profit CAGR of 23% during the same period [2][10]. - The total addressable market (TAM) for PANW's key sectors—network security, cloud security, and Security Operation Center (SOC)—has grown from US$38 billion in 2018 to US$104 billion in 2023, with expectations to reach US$210 billion by 2028, driven by the adoption of Secure Access Service Edge (SASE) and cloud security [2][10][27]. - PANW's strong financial profile adheres to the "Rule of 50," indicating a balanced growth in revenue and profitability, which supports its valuation [2][14]. Cybersecurity Market Overview - The cybersecurity market is experiencing significant growth, with the TAM for PANW's sectors expected to expand at a CAGR of 15% from 2023 to 2028 [2][10]. - The demand for cybersecurity solutions is driven by an increasingly complex threat landscape, with cybercrimes costing the global economy US$8 trillion annually [28][27]. Company Positioning - PANW has been recognized as a leader in 23 product categories across network security, cloud security, and SOC, which enhances its competitive edge and market share [11][2]. - As of 2QFY24, 79% of Global 2000 customers have engaged with PANW on at least two platforms, indicating strong customer loyalty and product integration [11][2]. Platformization Strategy - The acceleration of PANW's Platformization strategy is expected to enhance market share gains, despite potential short-term impacts on billings and revenue growth [12][2]. - The strategy aims to improve customer total cost of ownership (TCO) and return on investment (ROI) by consolidating multiple cybersecurity solutions into a unified platform [27][12]. Growth Opportunities - PANW is poised to capitalize on the growing opportunities related to Generative AI, which could increase demand for its products and services while also allowing for potential price increases due to improved user experience and operational efficiency [13][2]. - The company is also focusing on international expansion and the adoption of next-generation security products to drive future revenue growth [12][2]. Financial Performance - PANW's revenue is projected to grow from US$6.9 billion in FY23 to US$10.8 billion by FY26, with a consistent year-over-year growth rate [7][2]. - The company has a strong financial profile, with a non-GAAP adjusted net profit expected to increase from US$1.4 billion in FY23 to US$2.7 billion by FY26 [7][2].

Sundry Photography Investment Thesis CrowdStrike's (CRWD) uneventful outage last week led to nightmarish digital lockdowns last week, which have distorted the constantly evolving, compelling outlook for the cybersecurity industry, where leading players such as Zscaler (ZS), Cloudflare (NET), and Palo Alto Networks (NASDAQ:PANW) operate at different intersections of the cybersecurity market. Earlier this year, Palo Alto Networks advised investors that it would be anticipating a slowdown in its billings guida ...

Palo Alto Networks (PANW) closed at $333.16 in the latest trading session, marking a +0.69% move from the prior day. The stock's change was less than the S&P 500's daily gain of 1.08%. Elsewhere, the Dow saw an upswing of 0.32%, while the tech-heavy Nasdaq appreciated by 1.58%.Shares of the security software maker witnessed a gain of 3.3% over the previous month, beating the performance of the Computer and Technology sector with its loss of 4.77% and the S&P 500's gain of 0.43%.Analysts and investors alike ...

Palo Alto Networks (NASDAQ:PANW) stock is on the rise Friday as an outage caused by CrowdStrike (NASDAQ:CRWD) boosts its rivals’ shares higher this morning.It looks like an update from Crowstrike to devices running Microsoft’s (NASDAQ:MSFT) Windows is causing outages around the world. CrowdStrike is one of the major players in the cybersecurity game so this is a major blow to its shares as they fall 12.6% today.However, that loss for CRWD stock is good news for its competitors. That includes Palo Alto Netwo ...

Palo Alto Networks (PANW) closed the most recent trading day at $340.91, moving +1.31% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq added 0.4%.The security software maker's stock has climbed by 6.05% in the past month, exceeding the Computer and Technology sector's gain of 4.22% and the S&P 500's gain of 3.78%.Analysts and investors alike will be keeping a close eye on the performance o ...