When a high-quality company creates a significant amount of value, its stock price can soar into the hundreds, or even thousands, of dollars. That makes the stock a little expensive for retail investors, which leaves the majority of shares in the hands of institutions and large investment funds.
There's no denying the ongoing threat of cybersecurity attacks. The global average cost of a data breach in 2024 thus far has been $4.88 million, according to a report by IBM, and that amount grows with each passing year.
Palo Alto (PANW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Palo Alto Networks' platformization progress is slow, with heavy competition, despite management's optimism and industry discussions. The company only forecasts 14% revenue growth with RPO growth of 20%, slipping from 26% in the prior-year period. The stock trades at a premium valuation, with a market cap over $134 billion and a forward sales multiple of nearly 14x.
Palo Alto Networks' (PANW -3.61%) troubles early in the year are beginning to seem like a distant memory after the company once again posted solid earnings results.
Palo Alto Networks reported strong Q1'25 earnings, announced a 2-for-1 stock split, and showed significant growth in next-generation security ARR. Management reported a beat and raise for eFY25. The company's platformization strategy and AI-driven solutions are key growth drivers, with substantial increases in large deals and new platform customers. Despite competitive pressures from CrowdStrike, Palo Alto's diversified platform approach and strategic acquisitions bolster its market position and long-term growth potential.
The stock is pacing S&P 500 laggards after a bearish downgrade at HSBC.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
PANW's strong Q1 earnings, rising NGS adoption and robust long-term prospects make it a compelling buy.
Palo Alto Networks Inc (NASDAQ:PANW) yesterday reported better-than-expected fiscal first-quarter earnings and revenue, as demand for its cybersecurity services grows stronger due to rising digital threats.
Nikesh Arora, CEO of Palo Alto Networks, says M&A could potentially move quicker under the new Trump administration as they take on a more deregulatory tone. He joins Caroline Hyde to discuss on "Bloomberg Technology.
Palo Alto Networks (PANW) posted better-than-expected fiscal 2025 first-quarter results and announced a 2-for-1 stock split after the bell Wednesday.