Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to explain why she's buying Palo Alto Networks.
Shares of Palo Alto Networks Inc PANW were trading lower on Friday, even after the company reported upbeat fiscal second-quarter results.
Palo Alto Networks Inc (NYSE:PANW, ETR:5AP) shares fell on Friday after the provider of enterprise cybersecurity solutions' earnings outlook for the fiscal third quarter fell short of expectations. The company expects earnings per share in the range of $0.76 to $0.77 missing estimates of $0.80.
Palo Alto's second-quarter fiscal 2025 results reflect strength in the Subscription & Support segment backed by a modest increase in its Product revenues.
Jamie Meyers dissects Palo Alto Networks' (PANW) earnings, pointing to positive efforts underway in the company's long-term story. Shares of PANW are down after earnings, but Jamie says his firm "may scoop shares" on this dip.
Three of the bigger stocks in the tech sector will be opening lower on Friday, as the markets are dealing with earnings calls.
Kevin Green joins Morning Movers to break down some the biggest earnings movers: Palo Alto Networks (PANW) and Coinbase (COIN). Then, he tells Nicole Petallides what investors need to keep on their radar ahead of the 3-day weekend.
Palo Alto Networks' Q2 FY2025 report exceeded expectations, with $2.26B in revenue and $0.81 EPS, driven by strong AI-driven cybersecurity demand. The company's "platformization" strategy is gaining traction, with significant growth in Next-Gen Security ARR and Remaining Performance Obligation. While it is dipping 5% after a solid earnings print, PANW stock is firmly in overvalued territory.
The cybersecurity company's so-so earnings were weighing on shares, but analysts remain upbeat about its platformization push.
Shares of Palo Alto Networks sank Friday morning despite the cybersecurity firm's latest quarter results for the latest quarter coming in just above estimates.
Start Time: 16:30 January 1, 0000 5:30 PM ET Palo Alto Networks, Inc. (NASDAQ:PANW ) Q2 2025 Earnings Conference Call February 13, 2025, 16:30 PM ET Company Participants Nikesh Arora - Chairman and CEO Dipak Golechha - CFO Lee Klarich - CPO Walter Pritchard - SVP of IR and Corporate Development Conference Call Participants Saket Kalia - Barclays Hamza Fodderwala - Morgan Stanley Brian Essex - JPMorgan Gabriela Borges - Goldman Sachs Jonathan Ho - William Blair Peter Weed - Bernstein Shaul Eyal - Cowen Tal Liani - Bank of America Andy Nowinski - Wells Fargo Matt Hedberg - RBC Walter Pritchard Good day, everyone, and welcome to Palo Alto Networks Second Quarter 2025 Earnings Conference Call. I'm Walter Pritchard, Senior Vice President of Investor Relations and Corporate Development.
The headline numbers for Palo Alto (PANW) give insight into how the company performed in the quarter ended January 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.