Palo Alto Networks (PANW) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this security software maker have returned +20% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Internet - Software industry, to which Palo Alto belongs, has gained 7.2% over this period. Now the key question is: Where could the stock be headed in the near term?Wh ...

Palo Alto Networks Inc (NASDAQ:PANW) had a strong start to 2024, as it hit a Jan. 22 record high of $350.60 and added 15.1% since the beginning of the year. The equity has been consolidating since that peak, trading just 0.2% higher today at $338.58, following yesterday's 2.1% drop -- its largest move lower since Dec. 20. It may be too early to bet on any downside for PANW, however, as it has a history of positive moves in February. Per data from Schaeffer's Senior Quantitative Analyst Rocky White, PANW ran ...

Palo Alto Networks (PANW) ended the recent trading session at $345.89, demonstrating a +0.19% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.06%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.76%.The the stock of security software maker has risen by 17.08% in the past month, leading the Computer and Technology sector's gain of 6.36% and the S&P 500's gain of 3.36%.The investment community will be closely monitoring the perfo ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Palo Alto Networks (PANW) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Palo Alto currently has an avera ...

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At first glance, the positioning of Palo Alto Networks (PANW 0.66%) stock seems uncertain. Palo Alto attempts to tackle security challenges through a variety of tools. In comparison, companies like CrowdStrike and Zscaler tend to emphasize specific areas of cloud security.Nonetheless, these specialty companies appear to have outperformed Palo Alto stock, though it still leads the way among other generalized cybersecurity companies. Does that make Palo Alto a leading cybersecurity stock to own? Let's take a ...

Cybersecurity giant Palo Alto Networks (PANW -0.93%) split its stock in the fall of 2022. In what's called a 3-for-1 stock split, each stub of existing Palo Alto stock became three shares on Sept. 14.Fast-forward to early 2024, and Palo Alto's stock has soared 154% in 13 months. Should investors expect another stock split in 2024 as share prices move closer to the level that inspired the 2022 split? And what will it mean for investors if Palo Alto makes that move?Palo Alto's short stock-split historyAs note ...

Growth investing is a highly common strategy deployed, with investors targeting companies expected to grow their earnings and revenues at an above-average level. It’s a development that commonly follows through to share outperformance.And with renewed positive sentiment concerning the market overall, the strategy has been lucrative over the last year, with many stocks delivering double-digit percentage gains.  For those interested in stocks that fit the criteria – Palo Alto Networks (PANW) , PDD Holdings (P ...

Palo Alto Networks (PANW) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this security software maker have returned +13.3%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Internet - Software industry, which Palo Alto falls in, has gained 4.5%. The key question now is: What could be the stock's future directio ...

Shares of Palo Alto Networks (PANW 2.09%) have shot up an impressive 134% in the past year, outperforming the Nasdaq-100 Technology Sector index's gains of 55%. The cybersecurity specialist has benefited from the broader rally in technology stocks as well as the robust growth that it has been delivering thanks to the growing demand for the company's cybersecurity solutions.The good part is that Palo Alto Networks could keep soaring thanks to a few simple reasons. First, the Nasdaq-100 could head higher in 2 ...