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NASDAQ:PANW

Palo Alto Networks - PANW Stock Forecast, Price & News

$513.51
-4.34 (-0.84%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$508.01
$519.05
50-Day Range
$465.22
$529.07
52-Week Range
$362.98
$640.90
Volume
1.12 million shs
Average Volume
1.61 million shs
Market Capitalization
$51.16 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$629.67

Palo Alto Networks MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
22.6% Upside
$629.67 Price Target
Short Interest
Healthy
6.98% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
0.36mentions of Palo Alto Networks in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$419.08 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.73) to $0.73 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Computer And Technology Sector

424th out of 653 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

9th out of 14 stocks

PANW stock logo

About Palo Alto Networks (NASDAQ:PANW) Stock

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; Panorama, a security management solution for the control of firewall appliances and software deployed on an end-customer's network and instances in public or private cloud environments, as a virtual or a physical appliance; and virtual system upgrades, which are available as extensions to the virtual system capacity that ships with physical appliances. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, uniform resource locator filtering, laptop and mobile device protection, and firewall; and DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention. In addition, the company offers cloud security, secure access, security analytics and automation, and threat intelligence and cyber security consulting; professional services, including architecture design and planning, implementation, configuration, and firewall migration; education services, such as certifications, as well as online and in-classroom training; and support services. Palo Alto Networks, Inc. sells its products and services through its channel partners, as well as directly to medium to large enterprises, service providers, and government entities operating in various industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications. The company was incorporated in 2005 and is headquartered in Santa Clara, California.

Palo Alto Networks Price Performance

NASDAQ:PANW traded down $4.34 during trading on Friday, hitting $513.51. 1,121,789 shares of the company's stock traded hands, compared to its average volume of 1,611,352. The stock has a fifty day moving average of $502.63 and a two-hundred day moving average of $531.56. Palo Alto Networks has a 12-month low of $362.98 and a 12-month high of $640.90. The firm has a market cap of $51.16 billion, a P/E ratio of -129.02, a PEG ratio of 22.37 and a beta of 1.18.

Palo Alto Networks (NASDAQ:PANW - Get Rating) last posted its quarterly earnings results on Thursday, May 19th. The network technology company reported ($0.61) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.40) by ($0.21). The business had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $1.36 billion. Palo Alto Networks had a negative net margin of 7.54% and a negative return on equity of 57.50%. The business's quarterly revenue was up 29.1% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.62) earnings per share. As a group, analysts expect that Palo Alto Networks will post -0.73 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on PANW shares. Raymond James reissued a "buy" rating and set a $610.00 target price on shares of Palo Alto Networks in a report on Friday, May 20th. Wells Fargo & Company reissued a "buy" rating and set a $700.00 target price on shares of Palo Alto Networks in a report on Friday, May 20th. Guggenheim started coverage on shares of Palo Alto Networks in a report on Friday, August 12th. They set a "buy" rating and a $625.00 target price on the stock. Jefferies Financial Group lowered their target price on shares of Palo Alto Networks to $600.00 in a report on Tuesday, May 17th. Finally, Oppenheimer lowered their target price on shares of Palo Alto Networks from $700.00 to $600.00 in a report on Friday, May 20th. Three analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $629.67.

Insider Transactions at Palo Alto Networks

In other news, EVP Lee Klarich sold 4,135 shares of the stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $514.72, for a total transaction of $2,128,367.20. Following the completion of the sale, the executive vice president now directly owns 236,024 shares in the company, valued at $121,486,273.28. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, EVP Lee Klarich sold 4,135 shares of the stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $514.72, for a total transaction of $2,128,367.20. Following the completion of the sale, the executive vice president now directly owns 236,024 shares in the company, valued at $121,486,273.28. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Nir Zuk sold 12,000 shares of the stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $506.01, for a total transaction of $6,072,120.00. Following the sale, the executive vice president now owns 696,273 shares of the company's stock, valued at $352,321,100.73. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 56,805 shares of company stock worth $419,078,584. Company insiders own 2.20% of the company's stock.

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PANW Stock News Headlines

27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Palo Alto Networks Whale Trades For April 21
Cyber Security Stocks and the New Defense Industry
See More Headlines
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PANW Company Calendar

Last Earnings
11/18/2021
Today
8/19/2022
Next Earnings (Confirmed)
8/22/2022
Fiscal Year End
7/31/2023

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:PANW
CUSIP
69743510
Fax
N/A
Employees
10,473
Year Founded
2005

Price Target and Rating

Average Stock Price Forecast
$629.67
High Stock Price Forecast
$823.00
Low Stock Price Forecast
$500.00
Forecasted Upside/Downside
+22.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
34 Analysts

Profitability

Net Income
$-498,900,000.00
Pretax Margin
-6.32%

Debt

Sales & Book Value

Annual Sales
$4.26 billion
Cash Flow
$5.53 per share
Book Value
$6.51 per share

Miscellaneous

Free Float
97,443,000
Market Cap
$51.16 billion
Optionable
Optionable
Beta
1.18

Social Links


Key Executives

  • Mr. Nikesh  Arora C.F.A.Mr. Nikesh Arora C.F.A. (Age 54)
    Chairman & CEO
    Comp: $2.93M
  • Mr. Nir  ZukMr. Nir Zuk (Age 50)
    Founder, Exec. VP, CTO & Director
    Comp: $1.17M
  • Mr. Dipak  GolechhaMr. Dipak Golechha (Age 48)
    Exec. VP & CFO
    Comp: $1.25M
  • Mr. Lee  KlarichMr. Lee Klarich (Age 47)
    Exec. VP & Chief Product Officer
    Comp: $1.38M
  • Mr. Amit K. SinghMr. Amit K. Singh (Age 53)
    Chief Bus. Officer
    Comp: $1.88M
  • Mr. William D. Jenkins Jr. (Age 56)
    Pres
  • Mr. Yuming Mao
    Founder & Chief Architect
  • Mr. Rajiv Batra (Age 61)
    Founder
  • Mr. Josh D. Paul (Age 46)
    Sr. VP & Chief Accounting Officer
  • Mr. Naveen Zutshi
    Sr. VP & Chief Information Officer













PANW Stock - Frequently Asked Questions

Should I buy or sell Palo Alto Networks stock right now?

34 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Palo Alto Networks in the last year. There are currently 3 hold ratings and 31 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PANW shares.
View PANW analyst ratings
or view top-rated stocks.

What is Palo Alto Networks' stock price forecast for 2022?

34 brokerages have issued 1 year target prices for Palo Alto Networks' stock. Their PANW share price forecasts range from $500.00 to $823.00. On average, they expect the company's share price to reach $629.67 in the next twelve months. This suggests a possible upside of 22.6% from the stock's current price.
View analysts price targets for PANW
or view top-rated stocks among Wall Street analysts.

How have PANW shares performed in 2022?

Palo Alto Networks' stock was trading at $556.76 at the beginning of the year. Since then, PANW shares have decreased by 7.8% and is now trading at $513.51.
View the best growth stocks for 2022 here
.

When is Palo Alto Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 22nd 2022.
View our PANW earnings forecast
.

How can I listen to Palo Alto Networks' earnings call?

Palo Alto Networks will be holding an earnings conference call on Monday, August 22nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Palo Alto Networks' earnings last quarter?

Palo Alto Networks, Inc. (NASDAQ:PANW) posted its quarterly earnings results on Thursday, November, 18th. The network technology company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.07. The network technology company earned $1.25 billion during the quarter, compared to analysts' expectations of $1.20 billion. Palo Alto Networks had a negative trailing twelve-month return on equity of 57.50% and a negative net margin of 7.54%. Palo Alto Networks's revenue was up 31.9% compared to the same quarter last year. During the same period last year, the firm posted ($0.04) EPS.

What guidance has Palo Alto Networks issued on next quarter's earnings?

Palo Alto Networks updated its fourth quarter 2022 earnings guidance on Thursday, June, 16th. The company provided earnings per share guidance of $2.26-$2.29 for the period, compared to the consensus EPS estimate of $2.22. The company issued revenue guidance of $1.53 billion-$1.55 billion, compared to the consensus revenue estimate of $1.53 billion.

What is Palo Alto Networks' stock symbol?

Palo Alto Networks trades on the NASDAQ under the ticker symbol "PANW."

Who are Palo Alto Networks' major shareholders?

Palo Alto Networks' stock is owned by a number of institutional and retail investors. Top institutional investors include Clearbridge Investments LLC (2.26%), SG Americas Securities LLC (0.00%), Citadel Advisors LLC (0.00%), Ion Asset Management Ltd. (0.87%), Northern Trust Corp (0.84%) and Millennium Management LLC (0.00%). Insiders that own company stock include Amit K Singh, Aparna Bawa, Dipak Golechha, Jean Compeau, John Donovan, John P Key, John Strosahl, Kathleen Bonanno, Lee Klarich, Mark D Mclaughlin, Mark D Mclaughlin, Nikesh Arora and Nir Zuk.
View institutional ownership trends
.

How do I buy shares of Palo Alto Networks?

Shares of PANW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Palo Alto Networks' stock price today?

One share of PANW stock can currently be purchased for approximately $513.51.

How much money does Palo Alto Networks make?

Palo Alto Networks (NASDAQ:PANW) has a market capitalization of $51.16 billion and generates $4.26 billion in revenue each year. The network technology company earns $-498,900,000.00 in net income (profit) each year or ($3.98) on an earnings per share basis.

How many employees does Palo Alto Networks have?

The company employs 10,473 workers across the globe.

Does Palo Alto Networks have any subsidiaries?
The following companies are subsidiares of Palo Alto Networks: 3375 Scott Blvd LLC, Aporeto, Aporeto Inc., CGNX Networks Private Limited, CloudGenix, CloudGenix Inc., Cortex XSOAR, Cyber Secdo Ltd, Demisto (UK) Limited, Evident.io, Evident.io Inc., Evident.io Pty. Ltd., Expanse, LightCyber, LightCyber B.V., LightCyber Inc., PA Networks Costa Rica LLC SRL, PAN Demisto LLC, PAN II LLC, PAN LLC, Palo Alto Networks (APAC Holdings) B.V., Palo Alto Networks (Australia) Pty Ltd, Palo Alto Networks (Austria) GmbH, Palo Alto Networks (Brasil) Ltda., Palo Alto Networks (Canada Technology) Inc., Palo Alto Networks (Canada) Inc., Palo Alto Networks (Czech) S.R.O., Palo Alto Networks (EU) B.V., Palo Alto Networks (Finland) Oy, Palo Alto Networks (GEO) B.V., Palo Alto Networks (Germany) GmbH, Palo Alto Networks (Iberia) S.L., Palo Alto Networks (India) Private Limited, Palo Alto Networks (India) Technologies Private Limited, Palo Alto Networks (Israel Analytics) Ltd., Palo Alto Networks (Israel Services) Ltd., Palo Alto Networks (Israel) Ltd. (f/k/a Cyvera), Palo Alto Networks (Italy) S.R.L, Palo Alto Networks (Malaysia) LLC, Palo Alto Networks (Mexico) S. de R.L. de C.V., Palo Alto Networks (Netherlands) B.V., Palo Alto Networks (New Zealand) Unlimited, Palo Alto Networks (Norway) AS, Palo Alto Networks (Poland) sp. z o.o., Palo Alto Networks (QFC) LLC, Palo Alto Networks (Rus) LLC, Palo Alto Networks (Singapore) Holding Company Pte. Ltd., Palo Alto Networks (Singapore) PTE. LTD., Palo Alto Networks (Switzerland) GmbH, Palo Alto Networks (UK Holding 1) Limited, Palo Alto Networks (UK Holding 2) Limited, Palo Alto Networks (UK) Limited, Palo Alto Networks Belgium B.V.B.A., Palo Alto Networks Denmark ApS, Palo Alto Networks FZ LLC, Palo Alto Networks Financial Services LLC, Palo Alto Networks Holdings B.V., Palo Alto Networks International Inc., Palo Alto Networks K.K. (Kabushiki Kaisha), Palo Alto Networks Korea Ltd. - Yuhan Hoesa (YH), Palo Alto Networks L.L.C., Palo Alto Networks Management LLC, Palo Alto Networks Public Sector LLC, Palo Alto Networks Saudi Arabia LLC, Palo Alto Networks Venture Fund LLC, Palo Alto Security Limited, PureSec Inc., PureSec Pty Ltd, RedLock, RedLock Inc., SecDo Inc., The Crypsis Group, Twistlock, Twistlock Europe Limited, Twistlock Inc., Twistlock Ltd., Xseer Inc., ZingBox, Zingbox Inc., and Zingbox Japan G.K..
Read More
When was Palo Alto Networks founded?

Palo Alto Networks was founded in 2005.

How can I contact Palo Alto Networks?

Palo Alto Networks' mailing address is 3000 TANNERY WAY, SANTA CLARA CA, 95054. The official website for the company is www.paloaltonetworks.com. The network technology company can be reached via phone at (408) 753-4000 or via email at ir@paloaltonetworks.com.

This page (NASDAQ:PANW) was last updated on 8/19/2022 by MarketBeat.com Staff

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