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 ...

Signage with logo at the Silicon Valley headquarters of computer security and firewall company Palo ... [+] Alto Networks, Santa Clara, California, August 17, 2017. (Photo via Smith Collection/Gado/Getty Images).Getty ImagesShares of Palo Alto Networks have risen a decent 17% so far in 2024 (though they lag the S&P 500’s 19% rise).Last month, the Santa Clara, Calif.-based cybersecurity provider delivered an expectations-beating quarterly report for the company’s July-ending fiscal year 2024 fourth quarter — ...

MOUNTAIN VIEW, Calif., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp hosted by ThoughtSpot in Mountain View. Applications for the no-cost bootcamp are closing September 30. The Mark Cuban Foundation, in partnership with ThoughtSpot, the AI-Powered Analytics Company, is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in the Palo Alto area. With a custom ...

Palo Alto NASDAQ: PANW stock action still has a hurdle to cross at the all-time high, but it should be crossed soon because of a significant shift in the analysts' sentiment. Palo Alto Networks Stock Forecast Today12-Month Stock Price Forecast:$366.085.80% UpsideModerate BuyBased on 42 Analyst RatingsHigh Forecast$420.00Average Forecast$366.08Low Forecast$242.00Palo Alto Networks Stock Forecast DetailsAnalysts trimmed targets earlier this year as fears of platformization and freebies cut into the outlook fo ...

Palo Alto Networks, Inc. (NASDAQ:PANW) Goldman Sachs Communacopia & Technology Conference September 9, 2024 1:10 PM ET Company Participants Nikesh Arora - CEO Conference Call Participants Gabriela Borges - Goldman Sachs Gabriela Borges All right. We will go ahead and kick it off. Thanks everyone for joining us. Day one, Goldman Sachs Communacopia & Technology Conference. I'm Gabriela Borges, I lead our cybersecurity research chair. And I'm excited to have on stage with me Nikesh Arora, CEO of Palo Alto Netw ...

The world is rapidly shifting to the cloud, with businesses migrating critical data and operations to virtual environments. This shift, while transformative, has brought a wave of new security challenges. The cost of data breaches is projected to reach $10.5 trillion globally by 2025, highlighting the urgent need for cloud security solutions. The global cloud security market is estimated to reach $170.8 billion by 2028. Cybercriminals constantly evolve tactics, deploying ransomware attacks and sophisticated ...

Table of Contents _____________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 31, 2024 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 it ...

Palo Alto Networks, Inc. (NASDAQ:PANW) Citi 2024 Global TMT Results Conference September 4, 2024 9:10 AM ET Company Participants Nikesh Arora - Chairman & Chief Executive Officer Conference Call Participants Fatima Boolani - Citi Fatima Boolani Good morning, everybody. I'd like to welcome you all to day one of Citi's Global TMT conference. I'm Fatima Boolani. I jointly Head of the Software Research team here, and I am absolutely delighted to be able to host, the CEO of Palo Alto Networks, Nikesh Arora. Than ...

Palo Alto Networks, Inc. (PANW) has been on a remarkable run, with its shares climbing 23.3% over the past month. This performance has significantly outpaced both the Zacks Computer and Technology sector's 9.6% gain and the S&P 500's 8.7% increase.Compared to its peers, Palo Alto Networks stock has left competitors like Juniper Networks, Inc. (JNPR) and Check Point Software Technologies Ltd. (CHKP) in the dust, with these stocks only gaining 2.4% and 10.7%, respectively, in the same period.Such rapid gains ...

MF3d/iStock via Getty ImagesPalo Alto Networks (NASDAQ:PANW) is realizing the strength of platformization adoption as more companies transition from a single-point solution to total platform adoption. Given the increasing trend the firm is realizing, I believe this can drive significant growth while bolstering margins in the coming quarters as Palo Alto continues to execute on new customer adoption. Despite the challenging macroeconomic environment, I believe there will be a driving force behind continu ...