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Palo Alto Networks Stock Has Surged Since August. Can This Momentum Continue?
Yahoo Finance· 2025-09-27 17:21
Key Points Shares jumped after August results and guidance, lifting the cybersecurity leader near record highs. Recent results show healthy growth in revenue, remaining performance obligations, and recurring subscription ARR. Competition is intense, and the stock's valuation looks stretched next to realistic growth. 10 stocks we like better than Palo Alto Networks › Palo Alto Networks (NASDAQ: PANW), the platform-focused cybersecurity company behind Prisma, Cortex, and its next-gen firewall offeri ...
Insiders Buy Over $98 Million in Biotech and Cybersecurity Shares in IPOs
247Wallst· 2025-09-27 12:45
Group 1 - Recent initial public offerings (IPOs) have seen significant insider buying activity [1]
FTNT INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces That Fortinet, Inc. Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Businesswire· 2025-09-27 01:45
Core Viewpoint - The article discusses a class action lawsuit against Fortinet, Inc. for alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives misrepresented business prospects, leading to substantial investor losses. Summary by Sections Class Action Lawsuit Details - Investors who purchased Fortinet common stock between November 8, 2024, and August 6, 2025, have until November 21, 2025, to seek lead plaintiff status in the lawsuit [1] - The lawsuit is titled Oklahoma Firefighters Pension and Retirement System v. Fortinet, Inc. and alleges that Fortinet and certain executives issued false statements regarding the company's business and prospects [2][9] Allegations Against Fortinet - The lawsuit claims that Fortinet misrepresented the potential profitability of a product refresh cycle, stating it would not be as lucrative as suggested due to the age of the products involved [3] - It is alleged that Fortinet concealed the true number of FortiGate firewalls eligible for upgrades and misled investors about the momentum of the refresh cycle [3][4] - On August 6, 2025, during an earnings call, Fortinet revealed it was only 40% to 50% through the 2026 upgrade cycle, contradicting previous statements and leading to a stock price drop of over 22% [4] Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who acquired Fortinet stock during the class period to seek lead plaintiff status, which involves directing the lawsuit on behalf of all class members [5][6] - The lead plaintiff can choose a law firm to represent the class, and participation as lead plaintiff does not affect the ability to share in any potential recovery [6] About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]
Okta: Brace For Disappointment Against Overly Optimistic Estimates (NASDAQ:OKTA)
Seeking Alpha· 2025-09-26 16:47
Okta (NASDAQ: OKTA ) has been building on its operating leverage progress, leading to a second straight quarter of positive GAAP operating income. The cybersecurity company remains as relevant as ever, even if I expect growth rates to be meaningfully below consensus estimates. The netJulian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He also combines growth-oriented ...
Don't Miss These Once-in-a-Decade Opportunities: 2 Unstoppable Stocks to Buy and Hold Forever
Yahoo Finance· 2025-09-26 16:13
Key Points CrowdStrike is poised to benefit from the most powerful investing megatrend of our time: AI. Kinsale Capital Group may be more of a Steady Eddie investment, but it is trading at an unusually low valuation. 10 stocks we like better than CrowdStrike › In less than six months, the S&P 500 and Nasdaq-100 have soared by 33% and 43%, respectively, from their 2025 lows. Despite those incredible runs for the broader market indexes, I'd argue that plenty of once-in-a-decade opportunities remai ...
Class Action Announcement for Fortinet, Inc. (FTNT): Kessler Topaz Meltzer & Check, LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Fortinet, Inc. (FTNT)
Globenewswire· 2025-09-26 15:38
Core Viewpoint - A securities class action lawsuit has been filed against Fortinet, Inc. for allegedly making false and misleading statements regarding its business operations and product refresh cycle during the specified Class Period from November 8, 2024, to August 6, 2025 [1]. Allegations of Misconduct - The lawsuit claims that Fortinet misrepresented the profitability of its product refresh cycle, stating it would be lucrative despite it consisting of old products that were only a small percentage of the business [2]. - It is alleged that Fortinet concealed the true number of FortiGate firewalls eligible for upgrades, leading to misleading statements about the company's operational capabilities [2]. - The complaint asserts that Fortinet misled investors by claiming the refresh would gain momentum over two years, while in reality, it aggressively pushed through half of the refresh in just a few months by the end of Q2 2025 [2]. - As a result of these actions, the statements made by Fortinet regarding its business and prospects were materially false and lacked a reasonable basis [2]. Lead Plaintiff Process - Fortinet investors have until November 21, 2025, to seek appointment as a lead plaintiff representative in the class action, which involves directing the litigation on behalf of all class members [3]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest and who are representative of the class [3]. - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4]. - The firm emphasizes its commitment to protecting investors and consumers from fraud and negligence [4].
BlackBerry Limited (BB) Certified in Germany, Strengthens Government Cybersecurity Presence
Yahoo Finance· 2025-09-26 14:20
Group 1: Company Overview - BlackBerry Limited (NYSE:BB) is a Canadian cybersecurity and embedded software company, recognized for its QNX operating system used in advanced driver assistance systems and secure solutions for government and enterprise clients [1][2] Group 2: Financial Performance - As of September 2025, BlackBerry is preparing to release its Q2 fiscal 2026 results, with analysts expecting an EPS of $0.01 and revenues around $122 million, reflecting a 13.8% year-over-year decline due to macroeconomic pressures and challenges in the automotive sector [2] Group 3: Growth Drivers - Key growth drivers for BlackBerry include the expanding adoption of the QNX platform and the launch of QNX Hypervisor 8.0, which allows multiple guest operating systems to run alongside safety-critical workloads, essential for autonomous vehicle production [2] - The Secure Communications segment is gaining momentum through products like Secusmart and AtHoc, with AtHoc achieving FedRAMP High authorization for U.S. federal clients, supported by a strong deal pipeline and major government contracts [4] Group 4: Competitive Positioning - BlackBerry has achieved a significant milestone as the first mobile device management vendor certified by Germany's BSI for its BlackBerry Unified Endpoint Management (UEM) with Apple Indigo and Samsung Knox devices, enhancing its competitive edge in government and critical infrastructure markets [3][4] - The company has raised its full-year revenue guidance, further solidifying its position as a notable player in the cybersecurity and secure communications space [4]
CrowdStrike's Investor Day Sparks Bullish Momentum
MarketBeat· 2025-09-26 12:32
Core Insights - CrowdStrike Holdings Inc. projected a net new annual recurring revenue (ARR) growth of at least 20% by 2027, which led to a surge in CRWD stock following the announcement at the company's Investor Day presentation [3][4] - This forecast contrasts with the cautious guidance provided in the August earnings report, where the ARR growth was at 17% for the current fiscal year [4] - The announcement coincided with a 25-basis-point interest rate cut by the Federal Reserve, which positively impacted the overall market [5] ARR and Growth Projections - CrowdStrike's ARR for FY26 second quarter was reported at $4.66 billion, with expectations to reach approximately $5 billion this year [9] - The company aims for ARR to hit $10 billion by 2031 and $20 billion by 2036, alongside the 20% growth target by 2027 [9] Strategic Initiatives - To achieve its growth targets, CrowdStrike plans to pursue strategic acquisitions, including the recent announcement to acquire Pangea, an AI security platform, and a partnership with Salesforce [10] - The modular Falcon platform is highlighted as one of the most advanced security platforms in the industry, allowing customers to customize their services [10] Market Performance and Analyst Sentiment - Following the announcement, CRWD stock experienced a nearly 8% increase, reaching over $500 per share for the first time since July [11] - Despite a slight pullback of about 3.5% in the following days, technical indicators suggest potential for a bullish reversal [11] - Analysts have raised their price targets for CRWD stock, with a 12-month forecast average of $483.79, indicating a 2.26% upside [13][14]
Cycurion (CYCU) Extends Run on 4th Day, Jumps 68.4%; Firm Faces Delisting Risks
Yahoo Finance· 2025-09-26 12:06
We recently published Massive Gains: 10 Stocks Investors Can’t Stop Buying. Cycurion, Inc. (NASDAQ:CYCU) is one of the top performers on Thursday. Cycurion extended its winning streak to a fourth consecutive day on Thursday, soaring 68.45 percent to close at $0.4858 apiece as investors gobbled up shares to support price recovery amid risks of getting delisted early next month. This followed its failure to meet the Nasdaq’s minimum bid price requirement of $1 to continue trading on the stock exchange. Cy ...
Quanex Building Products Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - NX
Prnewswire· 2025-09-25 20:47
Accessibility StatementSkip Navigation Join the case to recover your losses. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. LOS ANGELES, Sept. 25, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Quanex Building Products Corporation ("Quanex " or "the Company") (NYSE: NX ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by t ...