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.
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 (PANW) closed at $188.14 in the latest trading session, marking a -0.29% move from the prior day.
Let's find out which cybersecurity stock between Zscaler and Palo Alto Networks is a better bet.
Over the past few months, the Trump administration's tariffs on America's top trade partners has boosted uncertainty in the economy and in the markets, driving some investors to seek out tariff- and recession-resistant stocks to ride out the storm. Some popular safe havens these investors turned to include the consumer staples, utility, defense, insurance, and healthcare sectors.
Palo Alto Networks (PANW) closed at $186.27 in the latest trading session, marking a -0.35% move from the prior day.
CNBC Worldwide Exchange anchor Frank Holland interviews Nikesh Arora, CEO of Palo Alto Networks, after the cybersecurity firm made a big acquisition.
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 Inc (NYSE:PANW, ETR:5AP)'s acquisition of Protect AI is set to strengthen the company's position as the cyber platform of choice, analysts at Jefferies believe. Palo Alto announced a definitive agreement to acquire the AI and machine learning app and model security firm on Monday.
Palo Alto Networks acquiring Protect AI to boost artificial intelligence tools
Palo Alto Networks is adapting to structural changes in cybersecurity demand, focusing on growth markets like SASE and SIEM, despite a slow start to the year. Consensus estimates are pessimistic, not accounting for potential market share gains in new cybersecurity growth markets, which could boost revenue growth beyond mid-teens. The company's resilient management and strategic acquisitions, like QRadar from IBM, position it well for future growth, justifying a Buy rating.
Palo Alto Networks (PANW) closed at $179.02 in the latest trading session, marking a +1.69% move from the prior day.