|Bid||215.00 x 900|
|Ask||219.00 x 900|
|Day's range||208.19 - 217.05|
|52-week range||132.22 - 217.05|
|Beta (5Y monthly)||1.17|
|PE ratio (TTM)||2,646.25|
|Earnings date||21 Aug 2023 - 25 Aug 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||232.78|
Heading into the company's latest earnings update, Fool.com contributor and finance professor Parkev Tatevosian had Palo Alto Networks (NASDAQ: PANW) stock rated as a buy. Tune in to find out if that recommendation changed.
Recently, Zacks.com users have been paying close attention to Palo Alto (PANW). This makes it worthwhile to examine what the stock has in store.
Palo Alto Networks' (NASDAQ: PANW) stock surged 8% on May 24 after it posted its latest earnings report. On the basis of generally accepted accounting principles (GAAP), Palo Alto Networks generated a net profit of $108 million, compared to its net loss of $73 million a year earlier. Palo Alto splits its business into three ecosystems: Strata, which houses its on-site firewalls and network security appliances; Cortex, which handles its threat-detection tools powered by artificial intelligence (AI); and Prisma, which hosts its cloud-based security services.
Between just 2019 and today, annual revenues have gone up nearly 10x
Just today, we got a big surprise from cybersecurity titan Palo Alto Networks, with the company posting a double-beat and raising cash flow margin guidance. Shares popped on the news.
The company boosted the low end of its full-year revenue forecast as companies continue to spend on cybersecurity despite fears of a broader economic slowdown.
Yahoo Finance contributor Remy Blaire reports from the New York Stock Exchange to discuss stocks opening lower this morning, earnings reports from Palo Alto Networks and Intuit, and the impact of the luxury retail market on LVMH.
Investing.com -- Stocks are falling on Wednesday as negotiations on the debt ceiling dragged on with the deadline swiftly approaching. Here are the market movers for May 24.
Stock market investors have generally had confidence that Washington politicians would manage to avoid sending the U.S. into default on its debt. The Nasdaq Composite was the worst performer with declines of more than half a percent, adding to losses late Tuesday. Earnings season reached its peak a couple of weeks ago, but results continue to come out from various corners of the market.
Palo Alto's (PANW) fiscal Q3 results reflect the benefits of solid demand across its cyber security portfolio amid the growing hybrid work trend and cloud migration worldwide.
Investing.com -- Stocks in focus in premarket trade on Wednesday, May 24th. Please refresh for updates.
With me on today's call are Nikesh Arora, our chairman and chief executive officer; and Dipak Golechha, our chief financial officer. Following the prepared remarks, our chief product officer, Lee Klarich, will join us in the Q&A session.
While the top- and bottom-line numbers for Palo Alto (PANW) give a sense of how the business performed in the quarter ended April 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Palo Alto (PANW) delivered earnings and revenue surprises of 19.57% and 0.38%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
Yahoo Finance Live's Seana Smith takes a look at several stocks trending in the after-hours trading session.
Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2023, ended April 30, 2023.
The average brokerage recommendation (ABR) for Palo Alto (PANW) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Today we're going to take a look at the well-established Palo Alto Networks, Inc. ( NASDAQ:PANW ). The company's stock...
Palo Alto Networks (PANW) closed the most recent trading day at $191.52, moving +0.05% from the previous trading session.
Palo Alto's (PANW) fiscal Q3 revenues are expected to have benefited from the heightened demand for cybersecurity solutions.
STNE vs. PANW: Which Stock Is the Better Value Option?
Palo Alto (PANW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades for Albemarle, Euronav, Arcturus Therapeutics, and Palo Alto Networks. KeyBanc upgraded Albemarle (NYSE:ALB) to Overweight from Sector Weight with a price target of $270, as reported in real time on InvestingPro. KeyBanc expects demand for lithium in China to improve after a downturn that started in November 2022, noting that its recent checks from the Li industry in China indicate that inventories at the battery cell/EV OEM level are declining, and could bottom out in the coming months.
Palo Alto Networks (PANW) closed at $199.40 in the latest trading session, marking a +1.82% move from the prior day.
On the company's latest earnings call, CrowdStrike's co-founder and CEO George Kurtz said that the company delivered a record fourth quarter that "exceeded our expectations across the board" and highlighted the fact that the company reached a record $222 million in annual recurring revenue (ARR). Palo Alto absolutely deserves a spot on this list, too, because the company is not only growing like a weed, but also because the company is somewhat of a cybersecurity generalist, making it easy and more cost effective for customers to hand over the cybersecurity reins to Palo Alto.