Palo Alto Networks Q4: Transforming Into Next-Generation Security

Jetta Productions Inc I published my 'Buy' thesis for Palo Alto Networks (NASDAQ:PANW) (NEOE:PANW:CA) in May 2024, highlighting their strategy of platformization and long-term growth potentials. Since then, the stock price has surged by more than 19%. Palo Alto Networks released its Q4 result on August 19th with 12% year-over-year growth in revenue, exceeding the market expectations. The company achieved robust growth in Next Generation Security (NGS) portfolio. I maintain a "Buy" rating with a fair value o ...