Palo Alto Networks Stock: Bear vs. Bull

Palo Alto Networks' (PANW 5.33%) stock price plummeted 28% on Feb. 21 in response to the company's latest earnings report. In the second quarter of fiscal 2024, which ended on Jan. 31, the cybersecurity company's revenue rose 19% year over year to $1.98 billion and exceeded analysts' estimates by $10 million. Its adjusted earnings grew 39% to $1.46 per share and cleared the consensus forecast by $0.16.Palo Alto's headline numbers seemed healthy, but it followed up its earnings beat with a reduction to its f ...