When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Palo Alto Networks (PANW) .Palo Alto currently has an average brokerage recommendation (ABR) of ...

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 ...

John M Lund Photography IncPalo Alto Networks (NASDAQ:PANW) is currently going through a major transformational stage as the firm prioritizes platformization of their security products as IT departments seek to simplify their IT infrastructure through a single-vendor approach. With the addition of their copilot and GenAI-related security features, I believe Palo Alto has the ability to realize continued top-line growth and margin expansion as the firm broadens their ability to upsell additional security ...

Robert Way Overview Cybersecurity is important for companies, and threats grow each year. Nine out of ten companies say that cybersecurity risks are growing. I find this industry attractive because it is recession-proof: even if there are headwinds, companies won't stop protecting themselves and their clients' data from cyberattacks. Inside the industry, one of the most interesting companies is Palo Alto Networks (NASDAQ:PANW). Palo Alto is one of the biggest companies in the cybersecurity space. Historical ...

The cybersecurity giant's pivot to a new growth strategy shows promise.Shares of cybersecurity powerhouse Palo Alto Networks (PANW 3.26%) experienced a resurgence in recent weeks, rising past $300. That is, until May 20, when the company reported earnings for its fiscal third quarter, which ended April 30.Suddenly Palo Alto Networks stock plunged. Does this create a buying opportunity? Perhaps the drop signals a reason to avoid the stock? Answering these questions requires taking a deeper look into Palo Alt ...

Palo Alto Networks provided great detail on developments of the enormous strategic initiative it implemented in the previous quarter.Fool.com contributor Parkev Tatevosian elaborates on what the news could mean for Palo Alto (PANW 3.26%) stock investors.*Stock prices used were the afternoon prices of May 22, 2024. The video was published on May 24, 2024. ...

Investors were once again scrutinizing the company's billings guidance.Palo Alto Networks (PANW 0.93%) shares traded 6% lower following the company's fiscal third-quarter earnings report, although the drop was relatively calm compared to the nearly 30% drop the stock saw when it reported its fiscal second-quarter results in February.Let's look at the cybersecurity company's most recent results, whether its new strategy is showing signs of working, and whether it's time to buy the stock.Billing guidance disa ...

Artificial intelligence is changing the way businesses need to think about cybersecurity.A few months ago, cybersecurity giant Palo Alto Networks (PANW 0.93%) said it was observing a tenfold increase in email-based phishing attacks compared to last year. The reason? Generative artificial intelligence (AI) has accelerated the rate at which malicious actors can craft realistic content to trick employees into handing over sensitive information. But that's only one way AI is shifting the threat landscape, and P ...

SANTA CLARA, Calif., May 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 event:Bank of America 2024 Global Technology ConferenceTuesday, June 4, 20247:50 a.m. PDTAdditional information about upcoming investor event participation and a live audio webcast of each presentation will be accessible from the "Investors" section of the Palo Alto Networks website at ...

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. ...