The company's shares have roughly doubled over the past three months, as investors have warmed to the idea that AI is increasing the need for cybersecurity products.
Zscaler's growing Zero Trust adoption and lower valuation give it an edge over Palo Alto Networks, which faces rising integration costs.
The latest trading day saw Palo Alto Networks (PANW) settling at $330.3, representing a +1.35% change from its previous close.
| Transportation Infrastructure Industry | Industrials Sector | Nikesh Arora CEO | XFRA Exchange | 697435105 CUSIP |
| US Country | 15,758 Employees | - Last Dividend | 16 Dec 2024 Last Split | 20 Jul 2012 IPO Date |
Palo Alto Networks, Inc. is a leading provider of cybersecurity solutions worldwide, known for its comprehensive range of security offerings designed to protect enterprises, service providers, and government entities from cyber threats. Established in 2005 and based in Santa Clara, California, Palo Alto Networks has made a significant impact on the cybersecurity landscape. The company specializes in delivering advanced firewall appliances and software, alongside a suite of subscription services tailored to meet the evolving threats in the cyber domain. Through its direct sales force and vast network of channel partners, Palo Alto Networks serves a diverse clientele across various industries such as education, healthcare, financial services, and government, among others.
The array of products and services offered by Palo Alto Networks encompasses several key areas in cybersecurity, ensuring comprehensive protection for its clients.