Palo Alto Networks (PANW) ended the recent trading session at $325.24, demonstrating a +0.54% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.08%. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.02%.The security software maker's shares have seen an increase of 7.67% over the last month, surpassing the Computer and Technology sector's gain of 2.68% and the S&P 500's gain of 3.52%.The investme ...

SANTA CLARA, Calif., Jan. 12, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today that it has been positioned as a Leader in the 2023 Gartner® Magic Quadrant™ for Endpoint Protection Platforms (EPP). Palo Alto Networks provides a feature-rich EPP as part of Cortex XDR®, which is designed to prevent the latest endpoint threats. As the original visionary behind extended detection and response, Cortex XDR extends prevention capabilities by ingesting security ...

Palo Alto Networks Palo Alto Networks PANW $299.74 $10.243.54%25% IBD Stock Analysis Stock rebounding from 10-week line.Shares clearing 21-day to break downtrend. Composite Rating 99/99 Industry Group Ranking 4/197 Emerging Pattern PullbackPullbackA stock may pull back after a breakout, often to the 50-day line. A rebound from the first or second visit to the 50-day can be a buying opportunity, especially for existing holders to add some shares. Palo Alto Networks (PANW) is the IBD Stock of the Day as the ...

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 -5.2% 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 5.6% over this period. Now the key question is: Where could the stock be headed in the near term?W ...

Palo Alto Networks (PANW) closed at $286.47 in the latest trading session, marking a -0.85% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.8%. Meanwhile, the Dow experienced a drop of 0.76%, and the technology-dominated Nasdaq saw a decrease of 1.18%.The the stock of security software maker has fallen by 1.32% in the past month, lagging the Computer and Technology sector's gain of 2.11% and the S&P 500's gain of 3.4%.Investors will be eagerly watching for the perf ...

asbe Introduction If there's one thing I have highlighted in recent articles, it's my increased focus on value stocks, given that the stock market valuation hints at subdued long-term total returns. Generally speaking, this favors stocks with low valuations and/or decent yields, as we can expect a bigger part of future total returns to come from dividends. Bank of America I discussed all of this in my 2024 Outlook article, which was published on December 5. So, why is this article about Palo Alto Networks ( ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

The Talon acquisition extends Palo Alto Networks' best-in-class SASE solution to help protect all managed and unmanaged devices SANTA CLARA, Calif., Dec. 28, 2023 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, today announced that it has completed the acquisition of Talon Cyber Security, a pioneer of enterprise browser technology. "We are thrilled to welcome Talon to Palo Alto Networks," said Nikesh Arora, chairman and CEO of Palo Alto Networks. "Most work today occurs ...

Industry and Company * **Industry**: Cybersecurity * **Company**: Palo Alto Networks, Inc. (NASDAQ:PANW) Core Views and Arguments * **Cybersecurity Threat Environment**: * **Increasing Threats**: The cybersecurity threat landscape is evolving rapidly with ransomware, nation-state attacks, and sophisticated cyber-attacks. * **Ransomware Evolution**: Ransomware attacks are becoming more sophisticated, including double extortion and filing SEC complaints. * **SolarWinds Attack**: The SolarWinds attack highlights the potential impact of cyber-attacks on businesses and the need for robust cybersecurity measures. * **Demand for Security**: Despite the increasing threats, the demand for cybersecurity remains strong due to the lack of systemic issues and the importance of cybersecurity budgets. * **Generative AI in Security**: * **Precision AI vs. Generative AI**: Precision AI is crucial for cybersecurity, while generative AI has potential applications in data analysis and customer assistance. * **Challenges and Opportunities**: Generative AI presents challenges such as hallucinations and latency, but it also offers opportunities for improved data analysis and customer assistance. * **XSIAM (Extended Security Information and Event Management)**: * **Market Opportunity**: XSIAM is a significant opportunity for Palo Alto Networks to address pain points in security operations and improve incident response times. * **Customer Adoption**: XSIAM has seen promising outcomes in initial deployments and is expected to grow rapidly in the coming years. * **Firewall Market**: * **Software Firewall Growth**: The demand for software firewalls is growing, driven by the shift from hardware to software and the need for remote access solutions. * **SASE (Secure Access Service Edge)**: SASE is becoming more mainstream as organizations adopt a distributed network topology and require comprehensive security solutions. * **Cloud Security**: * **Market Growth**: The cloud security market is expected to grow at a consistent rate of 30% to 40% over the next 5 to 10 years. * **Focus Areas**: Detection and response, code to cloud, and visibility are becoming increasingly important in cloud security. Other Important Points * **Cybersecurity Budgets**: Cybersecurity budgets are not being cut, indicating the importance of cybersecurity to organizations. * **C-level and Board Attention**: C-level executives and boards are paying increasing attention to cybersecurity, leading to increased investment in cybersecurity solutions. * **SEC Regulations**: SEC regulations and increased oversight are driving organizations to improve their cybersecurity posture. * **Competitive Landscape**: The cybersecurity market is highly competitive, with numerous vendors offering various solutions. However, Palo Alto Networks is well-positioned to capture market share due to its strong platform and product offerings.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM 10-Q _____________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35594 PALO ALTO NETWORKS, INC. (Exact name of registrant as specified in its chart ...