Palo Alto(PANW)
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Should Investors Buy the Dip in Palo Alto Networks Stock?
The Motley Fool· 2024-02-26 21:40
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. ...
Why Palo Alto Networks Stock Is Jumping Today
The Motley Fool· 2024-02-26 19:00
Palo Alto Networks (PANW 9.00%) stock is making gains in Monday's trading. The cybersecurity specialist's share price was up 9.3% as of 1:30 p.m. ET, according to data from S&P Global Market Intelligence.Before the market opened this morning, Susquehanna analyst Shyam Patil released a note on Palo Alto Networks that maintained a positive rating on the stock. JPMorgan's Brian Essex also released a note stating that recent fears surrounding Palo Alto's outlook may be overblown. Investors are reacting positive ...
Investors Heavily Search Palo Alto Networks, Inc. (PANW): Here is What You Need to Know
Zacks Investment Research· 2024-02-26 15:06
Palo Alto Networks (PANW) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this security software maker have returned -17.6% over the past month versus the Zacks S&P 500 composite's +4.7% change. The Zacks Internet - Software industry, to which Palo Alto belongs, has gained 11.1% over this period. Now the key question is: Where could the stock be headed in ...
1 Amazing Artificial Intelligence (AI) Stock Down 29% You'll Regret Not Buying on the Dip
The Motley Fool· 2024-02-26 10:29
Cyber threats are a growing concern among the world's top businesses. Technologies like generative artificial intelligence (AI) are helping bad actors craft sophisticated attacks by creating hyper-realistic phishing emails, and voice recordings that can trick employees into handing over sensitive information.In fact, 64% of the 4,702 CEOs recently surveyed by PwC believe generative AI will increase cybersecurity risk in their organizations over the next 12 months. It was their biggest concern when it comes ...
Palo Alto Networks Launches Private 5G Security Solutions with Partner Ecosystem
Prnewswire· 2024-02-26 05:00
Empowering customers with comprehensive, integrated private 5G solutions BARCELONA, Spain, Feb. 26, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW) today announced end-to-end private 5G security solutions and services in collaboration with leading Private 5G partners. Bringing together Palo Alto Networks® enterprise-grade 5G Security and Private 5G partner integrations and services allows organizations to easily deploy, manage, and secure networks throughout their entire 5G journey. The launch addres ...
Palo Alto Networks Stock: Bear vs. Bull
The Motley Fool· 2024-02-25 14:05
Palo Alto Networks' (PANW 5.33%) stock price plummeted 28% on Feb. 21 in response to the company's latest earnings report. In the second quarter of fiscal 2024, which ended on Jan. 31, the cybersecurity company's revenue rose 19% year over year to $1.98 billion and exceeded analysts' estimates by $10 million. Its adjusted earnings grew 39% to $1.46 per share and cleared the consensus forecast by $0.16.Palo Alto's headline numbers seemed healthy, but it followed up its earnings beat with a reduction to its f ...
Is Palo Alto Networks a Buy on Its Post-Earnings Plunge?
The Motley Fool· 2024-02-25 11:30
Palo Alto Networks (PANW 5.33%) has been one of the best leaders in the cybersecurity sector, with the stock having been up about 116% in the past year alone.That is until Wednesday, Feb. 21, when the stock plunged over 28% in a single day following its second quarter earnings.Investors were spooked when Palo Alto lowered its prior guidance for the year. In its defense, management said the lower guide was due to a deliberate aggressive pricing strategy aimed at winning market share.But should investors real ...
Buy Palo Alto Networks Stock on This Dip -- Just Not Yet
The Motley Fool· 2024-02-24 11:10
Veteran investors know the time to step into good stocks is after an erroneous sell-off. That's why so many people are now eying Palo Alto Networks (PANW 5.33%) shares following Wednesday's post-earnings dip. The 28% tumble is a huge discount on a solid company's stock.This is one of those cases, however, where interested investors might want to keep their powder dry for at least a few more days. This plunge is different than the typical setback for most stocks. It could linger, and perhaps even worsen befo ...
Palo Alto Networks Stock Dropped 25% This Week. Here's Why.
The Motley Fool· 2024-02-23 22:03
Shares of Palo Alto Networks (PANW 5.33%) dropped over 25% this week, according to data from S&P Global Market Intelligence. The cybersecurity giant dropped its revenue and billings guidance for fiscal year 2024, causing analysts to lower their price targets. Shares of Palo Alto Networks have soared in the past year with more and more cybersecurity threats emerging and government mandates in places like the U.S. Despite this recent drop, Palo Alto Networks stock is up 50% in the last 12 months.Slowing growt ...
Palo Alto Networks to Present at Upcoming Investor Event
Prnewswire· 2024-02-23 13:30
SANTA CLARA, Calif., Feb. 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: Morgan Stanley Technology, Media & Telecom ConferenceTuesday, March 5, 202411:45 a.m. PST Additional 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 ...