Palo Alto Networks, Inc. (PANW)

NASDAQ: PANW · IEX Real-Time Price · USD
294.88
-0.70 (-0.24%)
At close: Dec 29, 2023, 4:00 PM
294.00
-0.88 (-0.30%)
After-hours: Dec 29, 2023, 7:58 PM EST
-0.24%
Market Cap 92.98B
Revenue (ttm) 7.21B
Net Income (ttm) 613.90M
Shares Out 315.30M
EPS (ttm) 1.77
PE Ratio 166.60
Forward PE 54.76
Dividend n/a
Ex-Dividend Date n/a
Volume 2,068,880
Open 296.71
Previous Close 295.58
Day's Range 291.95 - 296.72
52-Week Range 132.22 - 318.00
Beta 1.17
Analysts Buy
Price Target 275.94 (-6.42%)
Earnings Date Feb 20, 2024

About PANW

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data l... [Read more]

Sector Technology
IPO Date Jul 20, 2012
Employees 13,948
Stock Exchange NASDAQ
Ticker Symbol PANW
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 36 analysts, the average rating for PANW stock is "Buy." The 12-month stock price forecast is $275.94, which is a decrease of -6.42% from the latest price.

Price Target
$275.94
(-6.42% downside)
Analyst Consensus: Buy
Stock Forecasts

News

These 20 stocks soared the most in 2023

The 2023 rally for stocks in the U.S. accelerated as more investors bought the idea that the Federal Reserve succeeded in its effort to bring inflation to heel.

2 days ago - Market Watch

Palo Alto Networks® Closes Talon Cyber Security Acquisition and Will Offer Complimentary Enterprise Browser to Qualified SASE AI Customers

The Talon acquisition extends Palo Alto Networks' best-in-class SASE solution to help protect all managed and unmanaged devices SANTA CLARA, Calif. , Dec. 28, 2023 /PRNewswire/ -- Palo Alto Networks (...

3 days ago - PRNewsWire

The most upgraded stocks from 2023: buy, sell or hold?

2023 was a busy year for the analysts; their activity has helped to lift the S&P 500 NYSEARCA: SPY 25% for the year and may help drive it to new highs in 2025. The most upgraded stocks for the year ar...

Other symbols: METAMSFTNVDA
4 days ago - MarketBeat

Palo Alto Networks CEO goes one-on-one with Jim Cramer

Palo Alto CEO Nikesh Arora joins 'Mad Money' host Jim Cramer to talk SEC protocols for companies facing cybersecurity attacks and China.

10 days ago - CNBC Television

Palo Alto SVP Whitmore: A "significant" amount of hacking activity is under nation states

Wendi Whitmore, SVP and Head of Palo Alto Network's cybersecurity team, joins Bloomberg Radio to discuss cyber risks and costs for businesses -------- Get more on The Tape Podcast On Apple: http://bit...

13 days ago - Bloomberg Markets and Finance

Morgan Stanley's Daniel Skelly is leaning into quality growth names like Palo Alto

Daniel Skelly, managing director at Morgan Stanley Wealth Management, and Barry Knapp, Ironsides Macroeconomics managing partner and director of research, join 'Closing Bell: Overtime' to discuss wher...

16 days ago - CNBC Television

Calls of the Day: BlackRock, General Electric, Palo Alto, Fortinet and Boeing

The Halftime Investment Committee discusses BlackRock, General Electric, Palo Alto, Fortinet and Boeing.

Other symbols: BABLKFTNTGE
16 days ago - CNBC Television

Three growth opportunities for cybersecurity stocks

2023 was a great year for software and cyber security stocks, as well as the broader tech sector. With inflation seeming to cool down, and a recent rally in the S&P 500 (^GSPC), can these stocks conti...

Other symbols: CRWDCSCOSZS
20 days ago - Yahoo Finance

CBTS Awarded the Palo Alto Networks 2023 North America Service Provider Partner of the Year

Cincinnati, Ohio--(Newsfile Corp. - December 6, 2023) - CBTS, a global provider in digital Network, Cloud, and Security, today announced it has received the Palo Alto Networks 2023 North America Servi...

25 days ago - Newsfile Corp

The top five zero trust cybersecurity stocks

With each advance in technology, the importance of cybersecurity grows. A key problem facing businesses and enterprises is that the traditional approach to a perimeter security network is quickly beco...

Other symbols: CRWDCSCOOKTAZS
25 days ago - MarketBeat

Palo Alto Networks Completes Acquisition of Dig Security

Enabling a comprehensive cloud data security solution for the Generative AI era SANTA CLARA, Calif. , Dec. 5, 2023 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, t...

26 days ago - PRNewsWire

IBM Consulting and Palo Alto Networks Announce Expansion of Key Strategic Cybersecurity Partnership

Collaboration drives end-to-end enterprise security, advancing AI security operations and accelerating cloud transformation  ARMONK, N.Y. and SANTA CLARA, Calif.

Other symbols: IBM
27 days ago - PRNewsWire

Stocks This Week: Following Up On Palo Alto Networks And Salesforce

The stock market is headed higher in December. Palo Alto Networks and Salesforce have been strong and will likely remain so into yearend and the first quarter.

Other symbols: CRM
27 days ago - Forbes

Tech's Set for a 2024 Bull Run. Apple and 7 Other Stocks Are This Analyst's Top Picks.

Technology companies have driven the U.S. stock market this year. The tech rally is set to continue in 2024 with giants like Apple at the head but there are other names to play, according to Wedbush a...

27 days ago - Barrons

AI revolution: 3 stocks set to soar as technology evolves

It's been a wild ride for generative AI platform ChatGPT and its financial backer Microsoft Corp. NASDAQ: MSFT. While those two companies, along with chip designer Nvidia Corp. NASDAQ: NVDA are among ...

4 weeks ago - MarketBeat

Top Wall Street analysts recommend these stocks for a long-term horizon

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Alphabet and Intel.

Other symbols: DPZGOOGLINTCMNDY
5 weeks ago - CNBC

Palo Alto Networks to Present at Upcoming Investor Event

SANTA CLARA, Calif. , Nov. 21, 2023 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today that members of its management team will be presenting at the fo...

5 weeks ago - PRNewsWire

Cramer's Stop Trading: Palo Alto Networks

CNBC's Jim Cramer explains why he is keeping an eye on shares of Palo Alto Networks.

5 weeks ago - CNBC Television

Palo Alto Networks gets OK to repurchase more stock

Cybersecurity firm Palo Alto Networks Inc. PANW said in a filing Friday said that its board has approved the repurchase of up to an extra $316.7 million of the company's stock. The OK from the board r...

6 weeks ago - Market Watch

Palo Alto Networks Billings Miss Forecasts as Customers Change Plans, and Shares Fall

Palo Alto Networks (PANW) shares dropped over 5% in intraday trading Thursday after the cybersecurity firm's billings and current quarter guidance missed estimates as customers changed their IT spendi...

6 weeks ago - Investopedia

Palo Alto Networks' stock is falling after trimmed billings outlook. Analysts say to look past the ‘noise.

Shares of Palo Alto Networks Inc. slid on Thursday after the company a day earlier lowered its full-year outlook for billings, a key measurement of demand.

6 weeks ago - Market Watch

Palo Alto Networks: the one security stock to rule them all

There are many ways to secure digital networks, not just Palo Alto Networks NASDAQ: PANW, and all provide some utility for investors. However, the takeaway from the cybersecurity market is that Palo A...

6 weeks ago - MarketBeat

Palo Alto Explains Its Weak Billings. Not Everyone Is Convinced.

Analysts were divided on the security-software company's reasoning.

6 weeks ago - Barrons

The market is getting marginally spooked by our billings guidance, says Palo Alto Networks CEO

Palo Alto Networks Chairman and CEO Nikesh Arora joins 'Mad Money' host Jim Cramer to talk quarterly results, the stock dropping in extended trading and more.

6 weeks ago - CNBC Television

Palo Alto Networks CEO says demand remains high despite quarterly weakness in billings

Palo Alto Networks CEO Nikesh Arora discussed his company's first-quarter earnings report in an interview with CNBC's Jim Cramer.

6 weeks ago - CNBC