Palo Alto's (PANW) Q4 top line is likely to have benefited from the heightened demand for cybersecurity solutions, while increased software mix and better cost management are expected to have boosted margins.
Cybersecurity stocks have underperformed in 2023. But cloud security companies may be better positioned as corporate budgets tighten.
Beyond analysts' top -and-bottom-line estimates for Palo Alto (PANW), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended July 2024.
In the latest trading session, Palo Alto Networks (PANW) closed at $333.23, marking a +0.64% move from the previous day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
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.
Palo Alto Networks (PANW) is set to report results for its fiscal fourth quarter after markets close on August 19, close with investors likely watching for a strong 2025 outlook and updates on its "platformization" strategy.
Palo Alto (PANW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The surge in cloud computing stocks has been one of the defining trends of the tech sector in recent years, fueled by the accelerated shift toward digital transformation and remote work solutions. However, not all clouds have a silver lining.
While Palo Alto's (PANW) long-term growth story remains compelling, issues like decelerating sales growth, lofty valuations and macroeconomic headwinds suggest that now may not be the ideal time to buy aggressively.
Palo Alto Networks (PANW) reachead $304.21 at the closing of the latest trading day, reflecting a +0.76% change compared to its last close.
Zacks.com users have recently been watching Palo Alto (PANW) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.