Log in

NASDAQ:PFPTProofpoint Stock Price, Forecast & News

$112.70
-0.98 (-0.86 %)
(As of 07/7/2020 04:00 PM ET)
Add
Compare
Today's Range
$112.10
Now: $112.70
$114.30
50-Day Range
$106.87
MA: $111.53
$118.51
52-Week Range
$83.81
Now: $112.70
$133.58
Volume829,986 shs
Average Volume709,746 shs
Market Capitalization$6.46 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.38
Proofpoint, Inc. operates as a security-as-a-service provider that enables large and mid-sized organizations to defend, protect, archive, and govern their sensitive data worldwide. It offers protection against advanced and targeted threats, including malicious attachments, polymorphic threats, zero-day exploits, user-transparent 'drive-by' downloads, malicious Web links, hybrid threats, malware free attacks, and other penetration tactics. The company also provides integrated email security, advanced threat, information protection and archiving, and digital risk protection product services. In addition, it offers solutions that enable secure business-to-business and business-to-consumer communications; email encryption services that encrypt sensitive emails and deliver them to PC or mobile device; file-transfer solutions for end-users to share various forms of documents and other content; security optimized cloud architecture solutions; and extensible security-as-a-service platform. The company serves aerospace and defense, education, financial services, government, healthcare, manufacturing, and retail sectors. Proofpoint, Inc. was founded in 2002 and is headquartered in Sunnyvale, California.
Read More
Proofpoint logo

Beat the Market (BTM) Rank

Analyst Opinion: 4.4Community Rank: 3.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.90 out of 5 stars


Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustrySystems Software
Current SymbolNASDAQ:PFPT
CUSIP74342410
Phone408-517-4710

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$888.19 million
Cash Flow$2.40 per share
Book Value$10.57 per share

Profitability

Net Income$-130,260,000.00

Miscellaneous

Employees3,368
Market Cap$6.46 billion
Next Earnings Date7/30/2020 (Confirmed)
OptionableOptionable

Receive PFPT News and Ratings via Email

Sign-up to receive the latest news and ratings for PFPT and its competitors with MarketBeat's FREE daily newsletter.

Proofpoint (NASDAQ:PFPT) Frequently Asked Questions

How has Proofpoint's stock been impacted by COVID-19 (Coronavirus)?

Proofpoint's stock was trading at $103.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PFPT shares have increased by 9.1% and is now trading at $112.70. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Proofpoint?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Proofpoint in the last year. There are currently 6 hold ratings, 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Proofpoint.

When is Proofpoint's next earnings date?

Proofpoint is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for Proofpoint.

How can I listen to Proofpoint's earnings call?

Proofpoint will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Proofpoint's earnings last quarter?

Proofpoint Inc (NASDAQ:PFPT) released its quarterly earnings results on Thursday, May, 7th. The software maker reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.11. The software maker earned $249.77 million during the quarter, compared to analysts' expectations of $245.52 million. Proofpoint had a negative net margin of 18.85% and a negative return on equity of 10.15%. The business's quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.34 EPS. View Proofpoint's earnings history.

What guidance has Proofpoint issued on next quarter's earnings?

Proofpoint issued an update on its second quarter earnings guidance on Thursday, May, 7th. The company provided earnings per share (EPS) guidance of $0.38-0.41 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.32. The company issued revenue guidance of $251-255 million, compared to the consensus revenue estimate of $252.55 million.

What price target have analysts set for PFPT?

22 brokers have issued 12-month target prices for Proofpoint's stock. Their forecasts range from $111.00 to $166.00. On average, they expect Proofpoint's stock price to reach $141.57 in the next twelve months. This suggests a possible upside of 25.6% from the stock's current price. View analysts' price targets for Proofpoint.

What are Wall Street analysts saying about Proofpoint stock?

Here are some recent quotes from research analysts about Proofpoint stock:
  • 1. According to Zacks Investment Research, "Proofpoint’s near-term bottom-line results are expected to remain under pressure due to continued investments in sales and marketing initiatives. Higher depreciation expense is also expected to drag down profitability. Moreover, declining hardware and services revenues are likely to keep straining the company’s near-term top-line performances. Notably, shares of Proofpoint have underperformed the industry in the past year. Nonetheless, the company is benefiting from strong customer wins and solid progress in emerging products. Solid demand for its next-generation cloud security and compliance platform, ongoing migration to the cloud, solid international growth and high renewal rates are other tailwinds. Robust demand for Email Fraud Defense, Threat Response and PSAT are positives as well." (4/13/2020)
  • 2. Robert W. Baird analysts commented, "We recently had the road to meet with investors. Proofpoint’s bundling strategy, while still relatively new, appears to be gaining momentum and may help simplify the purchasing process for customers. Products beyond core email security are also growing in importance and becoming a greater driver to growth as messaging security continues to shift beyond securing email. We come away from our meetings remaining confident in the Proofpoint story, and believe the company is well positioned for continued growth." (9/13/2019)
  • 3. Northland Securities analysts commented, "We note the initial successes in International and Federal Govt, which had been lagging markets for Proofpoint." (7/26/2019)

Has Proofpoint been receiving favorable news coverage?

News stories about PFPT stock have trended negative this week, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Proofpoint earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned headlines about the software maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Proofpoint.

Who are some of Proofpoint's key competitors?

What other stocks do shareholders of Proofpoint own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Proofpoint investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Palo Alto Networks (PANW), salesforce.com (CRM), Paypal (PYPL), Micron Technology (MU), Adobe (ADBE), Cisco Systems (CSCO) and Walt Disney (DIS).

Who are Proofpoint's key executives?

Proofpoint's management team includes the following people:
  • Mr. Gary L. Steele, Chairman of Board & CEO (Age 57)
  • Mr. Paul R. Auvil III, Chief Financial Officer (Age 55)
  • Mr. Blake P. Sallé, Exec. VP of Worldwide Sales (Age 47)
  • Mr. David Knight, Exec. VP & GM of Security Products (Age 53)
  • Mr. Bhagwat Swaroop, Exec. VP of Industry Solutions & Bus. Devel. (Age 44)

What is Proofpoint's stock symbol?

Proofpoint trades on the NASDAQ under the ticker symbol "PFPT."

Who are Proofpoint's major shareholders?

Proofpoint's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Diversified Trust Co (0.01%). Company insiders that own Proofpoint stock include Bhagwat Swaroop, Blake P Salle, Dana L Evan, David Knight, Gary Steele, Michael M Johnson, Paul R Auvil III, Richard Scott Herren and Robert Darren Lee. View institutional ownership trends for Proofpoint.

Which institutional investors are buying Proofpoint stock?

PFPT stock was purchased by a variety of institutional investors in the last quarter, including Diversified Trust Co. View insider buying and selling activity for Proofpoint.

How do I buy shares of Proofpoint?

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

What is Proofpoint's stock price today?

One share of PFPT stock can currently be purchased for approximately $112.70.

How big of a company is Proofpoint?

Proofpoint has a market capitalization of $6.46 billion and generates $888.19 million in revenue each year. The software maker earns $-130,260,000.00 in net income (profit) each year or ($0.72) on an earnings per share basis. Proofpoint employs 3,368 workers across the globe.

What is Proofpoint's official website?

The official website for Proofpoint is www.proofpoint.com.

How can I contact Proofpoint?

Proofpoint's mailing address is 892 ROSS DRIVE, SUNNYVALE CA, 94089. The software maker can be reached via phone at 408-517-4710.

This page was last updated on 7/8/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.