Palo Alto Networks Q4 FY2024 Preview: Growth-Valuation Mismatch, Avoid Buying

Sundry Photography Introduction Heading into its Q4 FY2024 report, Palo Alto Networks (NASDAQ:PANW) stock has exhibited strong momentum, driven by expansion in its trading multiples: Data by YCharts However, with Palo Alto Networks projected to deliver only +11% y/y top-line growth and a -2% y/y decline in normalized EPS for Q4 FY2024, PANW's forward P/E multiple of 55.4x appears to be out of whack with the financial realities of this cybersecurity giant.   Palo Alto Networks Q4 FY2024 Estimates (Seekin ...