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Palo Alto Networks (PANW)
NASDAQ:PANW
Palo Alto Networks (PANW) Stock Price & Analysis
8,903 Followers
PANW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$188.30 - $380.84
Previous Close$317.85
Volume3.42M
Average Volume (3M)5.99M
Market Cap
$102.70B
Enterprise Value$101.51B
Total Cash (Recent Filing)$3.37B
Total Debt (Recent Filing)$2.18B
Price to Earnings (P/E)49.7
Beta1.10
Next Earnings
May 20, 2024EPS Estimate
$1.25Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)6.40
Shares Outstanding323,100,000
10 Day Avg. Volume3,133,872
30 Day Avg. Volume5,991,483
Standard Deviation0.11
R-Squared0.32
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)188.64
Price to Sales (P/S)52.58
Price to Cash Flow (P/CF)37.20
P/FCF Ratio39.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.49
Enterprise Value/Gross Profit20.37
Enterprise Value/Ebitda106.88
Forecast
1Y Price Target
$335.32Price Target Upside5.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering39
Palo Alto Networks News
Bulls Say, Bears Say
Bulls Say
Market Position And GrowthWith the industry's consolidation and strategic moves like acquiring QRadar and expanding AI security partnerships, Palo Alto Networks is well-positioned to capture additional market share and sustain long-term growth.
Partnerships And EndorsementsThe strategic partnership with IBM, which includes the deployment of Palo Alto's XSIAM and Prisma SASE to IBM's global workforce, stands as a powerful endorsement, likely to boost investor confidence.
Strategic AcquisitionsPalo Alto Networks' acquisition of IBM's QRadar SaaS business could significantly reduce customer acquisition costs and expand its presence in the SIEM market.
Bears Say
Competitive PositionQRadar has lost moderate share in the SIEM market which may pose challenges for PANW in terms of customer retention and growth.
Financial GuidanceManagement significantly lowered its full year billings forecast.
Market StrategyPalo Alto lowered FY24 revenue and billings guidance as it adopts a new go-to-market strategy.
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Ownership Overview
3.83% Insiders
23.23% Mutual Funds
37.36% Other Institutional Investors
35.57% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PANW FAQ
What was Palo Alto Networks’s price range in the past 12 months?
Palo Alto Networks lowest stock price was $188.30 and its highest was $380.84 in the past 12 months.
What is Palo Alto Networks’s market cap?
Currently, no data Available
When is Palo Alto Networks’s upcoming earnings report date?
Palo Alto Networks’s upcoming earnings report date is May 20, 2024 which is tomorrow.
How were Palo Alto Networks’s earnings last quarter?
Palo Alto Networks released its earnings results on Feb 20, 2024. The company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.3 by $0.16.
Is Palo Alto Networks overvalued?
According to Wall Street analysts Palo Alto Networks’s price is currently Undervalued.
Does Palo Alto Networks pay dividends?
Palo Alto Networks does not currently pay dividends.
What is Palo Alto Networks’s EPS estimate?
Palo Alto Networks’s EPS estimate is $1.25.
How many shares outstanding does Palo Alto Networks have?
Palo Alto Networks has 323,100,000 shares outstanding.
What happened to Palo Alto Networks’s price movement after its last earnings report?
Palo Alto Networks reported an EPS of $1.46 in its last earnings report, beating expectations of $1.3. Following the earnings report the stock price went down -28.441%.
Which hedge fund is a major shareholder of Palo Alto Networks?
Among the largest hedge funds holding Palo Alto Networks’s share is Mirova US LLC. It holds Palo Alto Networks’s shares valued at 235M.
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Palo Alto Networks Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$335.32 (5.50% Upside)
$335.32 (5.50% Upside)
Blogger Sentiment
Bullish
PANW Sentiment 81%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 258.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Very Bullish
Bullish news 91%
Bearish news 9%
Bearish news 9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
65.96%
12-Months-Change
Fundamentals
Return on Equity
89.52%
Trailing 12-Months
Asset Growth
38.96%
Trailing 12-Months
Company Description
Palo Alto Networks
California-based Palo Alto Networks, Inc., founded in 2005, is a global cybersecurity leader. The company provides network security solutions to enterprises, service providers, and government entities.
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PANW Company Deck
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PANW Earnings Call
Q2 2024
0:00 / 0:00
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PANW Revenue Breakdown
77.10% Subscription and support
22.90% Product
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PANW Stock 12 Month Forecast
Average Price Target
$335.32
▲(5.50% Upside)
Technical Analysis
Best Analysts Covering PANW
1 Year
1 Year Success Rate
17/18 ratings generated profit
1 Year Average Return
+25.20%
reiterated a buy rating 3 months ago
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