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S&P 500   4,205.45
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China's 1st domestically made passenger plane completes maiden commercial flight
66,000% upside on tiny biotech? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
66,000% upside on tiny biotech? (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
66,000% upside on tiny biotech? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
66,000% upside on tiny biotech? (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
66,000% upside on tiny biotech? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
66,000% upside on tiny biotech? (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
Top-Rated StocksTop-RatedMost-Upgraded StocksMost-Upgraded
NASDAQ:PANW

Palo Alto Networks (PANW) Stock Forecast, Price & News

$211.70
+3.72 (+1.79%)
(As of 05/26/2023 ET)
Compare
Today's Range
$208.19
▼
$217.05
50-Day Range
$176.89
▼
$211.70
52-Week Range
$132.22
▼
$217.05
Volume
6.41 million shs
Average Volume
5.19 million shs
Market Capitalization
$64.75 billion
P/E Ratio
336.04
Dividend Yield
N/A
Price Target
$232.19
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Palo Alto Networks MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
9.7% Upside
$232.19 Price Target
Short Interest
Bearish
6.84% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
0.44mentions of Palo Alto Networks in the last 14 days
Based on 87 Articles This Week
Insider Trading
Selling Shares
$52.73 M Sold Last Quarter
Proj. Earnings Growth
26.23%
From $1.22 to $1.54 Per Share

Overall MarketRank™

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

2.14 out of 5 stars

Computer And Technology Sector

266th out of 623 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

6th out of 14 stocks

See Top Rated MarketRank™ Stocks Here

PANW stock logo

About Palo Alto Networks (NASDAQ:PANW) Stock

Palo Alto Networks Inc is a leading cybersecurity company that provides advanced security solutions to businesses, governments and organizations worldwide. Founded in 2005, Palo Alto Networks has become a market leader in next-generation firewall technology and cloud-based security solutions.

The company's mission is to protect its customers from cyber threats by providing innovative security solutions that are easy to use and deploy. Palo Alto Networks offers various products and services to protect networks, endpoints and cloud-based applications from advanced cyber attacks.

Palo Alto Networks' flagship product is its Next-Generation Firewall (NGFW) which provides advanced security features such as intrusion prevention, application control and threat prevention. The NGFW is designed to provide real-time visibility and control over network traffic, enabling businesses to detect and prevent cyber attacks before they cause harm.

In addition to its NGFW product line, Palo Alto Networks offers a range of cloud-based security solutions. Its Prisma Cloud platform provides comprehensive security for cloud-based applications and data. Palo Alto Network has also developed the Cortex XDR platform, which provides endpoint detection and response (EDR) capabilities. This platform allows businesses to detect and respond to cyber threats stopping a hacker before they reach critical infrastructure.

Palo Alto Networks' solutions are trusted by some of the world's largest and most security-conscious organizations, including government agencies, financial institutions and healthcare providers. The company has developed a reputation for delivering innovative and effective security solutions and it has been recognized by industry analysts for its leadership in the cybersecurity market.

Palo Alto Networks' financial profile offers consistent revenue growth and profitability. The company has a strong balance sheet. This is coupled with ample cash and cash equivalents available for use. Palo Alto Networks has consistently generated positive cash flow from operations and has no long-term debt, providing a  financial foundation for future growth.

Palo Alto Networks' growth strategy focuses on expanding its product offerings and increasing its market share in the cybersecurity market. The company has made a number of strategic acquisitions in recent years, including Demisto, a security orchestration and automation company and Twistlock, a container security company. These acquisitions have allowed Palo Alto Networks to broaden its product portfolio and enter new markets.

In addition to its organic growth initiatives, Palo Alto Networks is also focused on expanding its global footprint. The company has offices and infrastructure in more than 150 countries and has offices and operations in key markets worldwide. Palo Alto Networks' global presence allows it to serve diverse customers and tap into new markets for growth.

Palo Alto Networks is a leading cybersecurity company with a strong financial profile and a proven track record of delivering innovative and effective security solutions. With its focus on expanding its product offerings and global footprint, the company is positioned for continued growth in the cybersecurity market.

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PANW Stock News Headlines

May 27, 2023 | americanbankingnews.com
Palo Alto Networks, Inc. (NASDAQ:PANW) CEO Nikesh Arora Sells 30,000 Shares of Stock
May 27, 2023 | americanbankingnews.com
Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $240.00 at Evercore ISI
May 28, 2023 | Behind the Markets (Ad)
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May 27, 2023 | americanbankingnews.com
Raymond James Raises Palo Alto Networks (NASDAQ:PANW) Price Target to $230.00
May 27, 2023 | americanbankingnews.com
Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $240.00
May 27, 2023 | americanbankingnews.com
Deutsche Bank Aktiengesellschaft Raises Palo Alto Networks (NASDAQ:PANW) Price Target to $225.00
May 27, 2023 | americanbankingnews.com
TD Cowen Raises Palo Alto Networks (NASDAQ:PANW) Price Target to $235.00
May 27, 2023 | americanbankingnews.com
Wolfe Research Raises Palo Alto Networks (NASDAQ:PANW) Price Target to $225.00
May 28, 2023 | Legacy Research (Affiliate) (Ad)
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May 27, 2023 | americanbankingnews.com
Royal Bank of Canada Boosts Palo Alto Networks (NASDAQ:PANW) Price Target to $232.00
May 26, 2023 | americanbankingnews.com
Palo Alto Networks (NASDAQ:PANW) Shares Gap Up After Analyst Upgrade
May 26, 2023 | americanbankingnews.com
FY2023 Earnings Estimate for Palo Alto Networks, Inc. (NASDAQ:PANW) Issued By Cantor Fitzgerald
May 26, 2023 | americanbankingnews.com
Credit Suisse Group Increases Palo Alto Networks (NASDAQ:PANW) Price Target to $260.00
May 26, 2023 | americanbankingnews.com
Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $220.00 at UBS Group
May 26, 2023 | americanbankingnews.com
Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $245.00
May 26, 2023 | americanbankingnews.com
Palo Alto Networks (NASDAQ:PANW) Price Target Increased to $225.00 by Analysts at Wedbush
May 26, 2023 | americanbankingnews.com
Stifel Nicolaus Increases Palo Alto Networks (NASDAQ:PANW) Price Target to $240.00
May 26, 2023 | americanbankingnews.com
Palo Alto Networks (NASDAQ:PANW) PT Raised to $230.00 at Raymond James
May 26, 2023 | americanbankingnews.com
Palo Alto Networks (NASDAQ:PANW) PT Raised to $222.00 at Scotiabank
May 26, 2023 | americanbankingnews.com
Palo Alto Networks (NASDAQ:PANW) PT Raised to $225.00
May 26, 2023 | americanbankingnews.com
JPMorgan Chase & Co. Increases Palo Alto Networks (NASDAQ:PANW) Price Target to $251.00
May 26, 2023 | americanbankingnews.com
Robert W. Baird Increases Palo Alto Networks (NASDAQ:PANW) Price Target to $235.00
May 26, 2023 | americanbankingnews.com
Palo Alto Networks (NASDAQ:PANW) Hits New 1-Year High Following Analyst Upgrade
May 25, 2023 | msn.com
BTIG Maintains Palo Alto Networks (PANW) Buy Recommendation
May 24, 2023 | finance.yahoo.com
What's Going On With Palo Alto Networks Shares?
May 24, 2023 | finance.yahoo.com
Earnings For Palo Alto Top Estimates On Cloud, Large Customer Growth
May 24, 2023 | seekingalpha.com
Palo Alto: Sustaining The 40 Rule Amidst Slowing Current Service Billings
See More Headlines
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PANW Company Calendar

Last Earnings
11/18/2021
Today
5/28/2023
Fiscal Year End
7/31/2023
Next Earnings (Estimated)
8/28/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
Communications Equipment
Sector
Computer and Technology
Current Symbol
NASDAQ:PANW
CUSIP
69743510
CIK
1327567
Web
www.paloaltonetworks.com
Phone
(408) 753-4000
Fax
N/A
Employees
12,561
Year Founded
2005

Price Target and Rating

Average Stock Price Forecast
$232.19
High Stock Price Forecast
$270.00
Low Stock Price Forecast
$165.00
Forecasted Upside/Downside
+9.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
41 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.63
Trailing P/E Ratio
336.04
Forward P/E Ratio
173.52
P/E Growth
5.53
Net Income
$-267,000,000.00
Net Margins
3.32%
Pretax Margin
4.12%
Return on Equity
50.01%
Return on Assets
2.57%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.74
Quick Ratio
0.64

Sales & Book Value

Annual Sales
$5.50 billion
Price / Sales
11.77
Cash Flow
$2.06 per share
Price / Cash Flow
102.83
Book Value
$4.03 per share
Price / Book
52.53

Miscellaneous

Outstanding Shares
305,860,000
Free Float
293,927,000
Market Cap
$64.75 billion
Optionable
Optionable
Beta
1.17

Social Links


Key Executives

  • Nikesh AroraNikesh Arora
    Chairman & Chief Executive Officer
  • BJ Jenkins
    President
  • Dipak GolechhaDipak Golechha
    Chief Financial Officer & Executive Vice President
  • Nir ZukNir Zuk
    Director, Chief Technology Officer & Executive VP
  • Meerah Rajavel
    Chief Information Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













PANW Stock - Frequently Asked Questions

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

41 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Palo Alto Networks in the last year. There are currently 4 hold ratings and 37 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 2023?

41 Wall Street analysts have issued 1 year price targets for Palo Alto Networks' shares. Their PANW share price forecasts range from $165.00 to $270.00. On average, they anticipate the company's share price to reach $232.19 in the next twelve months. This suggests a possible upside of 9.7% 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 2023?

Palo Alto Networks' stock was trading at $139.54 at the beginning of the year. Since then, PANW shares have increased by 51.7% and is now trading at $211.70.
View the best growth stocks for 2023 here.

When is Palo Alto Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 28th 2023.
View our PANW earnings forecast.

How were Palo Alto Networks' earnings last quarter?

Palo Alto Networks, Inc. (NASDAQ:PANW) announced its earnings results on Thursday, November, 18th. The network technology company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.02. The network technology company earned $1.25 billion during the quarter, compared to analyst estimates of $1.20 billion. Palo Alto Networks had a trailing twelve-month return on equity of 50.01% and a net margin of 3.32%. The firm's revenue for the quarter was up 31.9% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.01) EPS.

What ETFs hold Palo Alto Networks' stock?

ETFs with the largest weight of Palo Alto Networks (NASDAQ:PANW) stock in their portfolio include Global X Cybersecurity ETF (BUG), First Trust Nasdaq Cybersecurity ETF (CIBR), Invesco Dynamic Networking ETF (PXQ), WisdomTree Cybersecurity Fund (WCBR), iShares Cybersecurity and Tech ETF (IHAK), Franklin Exponential Data ETF (XDAT), ETFMG Prime Cyber Security ETF (HACK) and Pacer Data and Digital Revolution ETF (TRFK).

When did Palo Alto Networks' stock split?

Palo Alto Networks shares split on the morning of Wednesday, September 14th 2022. The 3-1 split was announced on Monday, August 22nd 2022. The newly minted shares were issued to shareholders after the market closes on Tuesday, September 13th 2022. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

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

Palo Alto Networks issued an update on its fourth quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of $1.26-$1.30 for the period, compared to the consensus EPS estimate of $1.20. The company issued revenue guidance of $1.94 billion-$1.97 billion, compared to the consensus revenue estimate of $1.95 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 variety of retail and institutional investors. Top institutional investors include Susquehanna International Group LLP (0.00%), SG Americas Securities LLC (0.00%), Clearbridge Investments LLC (1.27%), Jane Street Group LLC (0.00%), Geode Capital Management LLC (1.12%) and Generation Investment Management LLP (0.86%). Insiders that own company stock include Amit K Singh, Amit K Singh, Aparna Bawa, Dipak Golechha, James J Goetz, Jean Compeau, John P Key, John P Key, John P Key, John Strosahl, Josh D Paul, Lee Klarich, Lee Klarich, Mark D Mclaughlin, Mark D Mclaughlin, Nikesh Arora, Nikesh Arora, Nir Zuk 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 $211.70.

How much money does Palo Alto Networks make?

Palo Alto Networks (NASDAQ:PANW) has a market capitalization of $64.75 billion and generates $5.50 billion in revenue each year. The network technology company earns $-267,000,000.00 in net income (profit) each year or $0.63 on an earnings per share basis.

How many employees does Palo Alto Networks have?

The company employs 12,561 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
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 5/28/2023 by MarketBeat.com Staff

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