Palo Alto Networks Stock Slides on Dismal Guidance

Group 1 - Palo Alto Networks Inc (PANW) shares have decreased by 5.9%, trading at $153.86, due to disappointing profit forecasts overshadowing strong fiscal second-quarter results [1] - The company is experiencing its fifth loss in the last six sessions, marking its worst single-day percentage loss since February 2024, and shares are at their lowest level since April, contributing to a 27% year-over-year deficit [2] - Analysts have reacted to the company's performance by lowering their price targets, with Scotiabank reducing its target from $228 to $180 [1] Group 2 - Options traders are showing increased bullish sentiment, as indicated by a 50-day call/put volume ratio of 3.16, which is higher than 96% of readings from the past year [3] - Today's options activity has seen 57,000 calls and 44,000 puts exchanged, which is six times the intraday average volume, with the February 144 put being the most active contract [4]