Palo Alto Networks, Inc. (PANW)
| Market Cap | 123.21B |
| Revenue (ttm) | 8.03B |
| Net Income (ttm) | 2.58B |
| Shares Out | 325.60M |
| EPS (ttm) | 7.28 |
| PE Ratio | 51.98 |
| Forward PE | 60.29 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,109,311 |
| Open | 374.97 |
| Previous Close | 374.83 |
| Day's Range | 373.08 - 384.00 |
| 52-Week Range | 233.81 - 384.00 |
| Beta | 1.13 |
| Analysts | Buy |
| Price Target | 381.87 (+0.91%) |
| Earnings Date | Nov 13, 2024 |
About PANW
Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company’s network security platforms include Prisma Access, a security services edge (SSE) solution, as well as Strata Cloud Manager, a network security management solution. It also provides cloud security solutions, including Prisma Cloud, a cloud native application protection platform; and Code to Cloud platform, as well as offers VM-Series and CN-Series virtual firewalls for inline network security on multi- and hybrid-cloud environments. In addition, the company provid... [Read more]
Financial Performance
In 2024, Palo Alto Networks's revenue was $8.03 billion, an increase of 16.46% compared to the previous year's $6.89 billion. Earnings were $2.58 billion, an increase of 486.22%.
Financial StatementsAnalyst Forecast
According to 41 analysts, the average rating for PANW stock is "Buy." The 12-month stock price forecast is $381.87, which is an increase of 0.91% from the latest price.
News
New OT Security Solutions from Palo Alto Networks Address Growing Cybersecurity Threats to Industrial Operations
Powered by Precision AI, new capabilities protect OT remote operations, mitigate risk for critical OT assets and extend security into harsh industrial environments SANTA CLARA, Calif. , Oct. 21, 2024 ...
Final Trades: Palo Alto, Meta and Truist Financial
The Investment Committee give you their top stocks to watch for the second half.
The Big 3: INTC, PANW, BRK/B
Today's Big 3 focuses on industry leaders in technology, cybersecurity and financials. Joe Tigay joins Rick Ducat and Nicole Petallides to break down the technical trends of Intel (INTC), Palo Alto Ne...
Palo Alto Networks To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Friday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Cybersecurity Boom Benefits Palo Alto Networks
The cybersecurity industry is growing rapidly as cyberattacks are increasing in number with more complexity of IT environments. This trend may benefit the companies' stocks as you may see here below:
Tata Communications Joins Forces with Palo Alto Networks to Enhance Enterprise Cyber Resilience
A global alliance to empower businesses with robust cyber defence in today's digital era Best-of-breed offering, together with Palo Alto Networks' industry leading cybersecurity technologies and Tata ...
Look for value in stock picks as big names will see profits slow, says KKM's Jeff Kilburg
Jeff Kilburg, KKM Financial founder and CEO, joins CNBC's 'The Exchange' to discuss his reaction to the jobs report, how to position with uncertainty in rate cuts, and more.
ArcStone Securities and Investments Corp. is Attending the Paklaunch UNConference '24.2 as an Investor in Palo Alto, California
New York, New York--(Newsfile Corp. - October 3, 2024) - ArcStone Securities and Investments Corp. is excited to announce its participation as an investor in the Paklaunch UNConference '24.2, on Octob...
Palo Alto Networks and Deloitte Expand Strategic Alliance Globally to Drive Platformization
Providing clients with integrated AI-powered cybersecurity solutions and insights to help enhance security posture, drive operational efficiencies, and address complex challenges NEW YORK and SANTA CL...
Final Trades: Palo Alto Networks, Delta Air Lines, PayPal and the XLV
The Investment Committee give you their top stocks to watch for the second half.
Veeam Announces a New Integration with Palo Alto Networks to Streamline Security Operations and Deliver Data Resilience for Customers
SEATTLE--(BUSINESS WIRE)-- #DataProtection--Veeam Apps integrated with Palo Alto Networks Cortex platform help organizations identify and respond to cyberattacks faster, ensuring data resilience.
Red Canary and Palo Alto Networks Team to Offer New Managed Security Services for Cortex® XSIAM
Strategic partnership will accelerate customers' SOC modernization by combining Palo Alto Networks AI-powered platform with Red Canary's actionable threat intelligence and expertise in security operat...
Palo Alto Networks Named a Leader in Inaugural Attack Surface Management Report
Cortex Xpanse recognized with the top vendor score in the strategy category, receiving the highest possible scores in the vision, innovation and roadmap criteria SANTA CLARA, Calif. , Sept. 24, 2024 /...
Palo Alto Networks Stock Could Rise On AI-Propelled Growth
Shares of Palo Alto Networks have risen a decent 17% so far in 2024 (though they lag the S&P 500's 19% rise).
Mark Cuban Foundation and ThoughtSpot Bring Free AI Bootcamp to Palo Alto Area Teens
MOUNTAIN VIEW, Calif., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp hosted by ThoughtSpot in Mounta...
Microsoft and 3 Other Software Stocks to Play AI, According to an Analyst
Microsoft, Snowflake, Palo Alto Networks, and MongoDB stock are all rated at Buy by Truist analyst Joel Fishbein.
Palo Alto Networks, Inc. (PANW) Goldman Sachs Communacopia & Technology Conference (Transcript)
Palo Alto Networks, Inc. (NASDAQ:PANW) Goldman Sachs Communacopia & Technology Conference September 9, 2024 1:10 PM ET Company Participants Nikesh Arora - CEO Conference Call Participants Gabriela Bo...
Palo Alto CEO on CrowdStrike fallout, IBM deal and cybersecurity issues
Nikesh Arora, Palo Alto Networks CEO, joins 'Closing Bell: Overtime' to discuss closing the IBM deal and the business impact in the wake of the CrowdStrike outage.
Palo Alto Networks, Inc. (PANW) Citi 2024 Global TMT Conference (Transcript)
Palo Alto Networks, Inc. (NASDAQ:PANW) Citi 2024 Global TMT Results Conference September 4, 2024 9:10 AM ET Company Participants Nikesh Arora - Chairman & Chief Executive Officer Conference Call Part...
Palo Alto Networks® Closes Acquisition of IBM's QRadar SaaS Assets
Strengthened partnership with IBM paves the way for more customers to benefit from next-gen SOC Innovation and AI-powered security solutions SANTA CLARA, Calif. , Sept. 4, 2024 /PRNewswire/ -- Palo Al...
Palo Alto Networks Advances In The Platformization Race
Palo Alto Networks' platformization strategy is driving significant growth, with a notable shift from single-point solutions to total platform adoption, bolstering margins through customer expansion. ...
Palo Alto Networks Can Be A Major Beneficiary Of The Dramatically Evolving Landscape
PANW's platformization strategy is driving growth, as evidenced by the Q4 top- and bottom-lines beating analyst estimates and significant increases in NGS ARRs. The changing cybersecurity landscape an...
Palo Alto Networks: Why I Choose To Remain On The Sidelines
Palo Alto delivered an in-line revenue while beating profitability in the quarter. FY4Q24 results exceeded expectations, with revenue growth, adjusted EPS, and NGS ARR showing positive signs. Manageme...
CBTS Receives Four Palo Alto Networks NextWave Specializations
Cincinnati, Ohio--(Newsfile Corp. - August 27, 2024) - CBTS, a global provider of IT solutions and services—including Application Modernization , Digital Workplace , Managed Hybrid Cloud , Cybersecuri...