Proofpoint Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Proofpoint in the last twelve months. There are currently 13 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Proofpoint stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PFPT, but not buy additional shares or sell existing shares.
View analyst ratings for Proofpoint or view top-rated stocks.

Wall Street analysts have given Proofpoint a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Proofpoint wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Proofpoint is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Proofpoint.

Proofpoint, Inc. (NASDAQ:PFPT) posted its quarterly earnings results on Thursday, July, 29th. The software maker reported $0.63 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.37) by $1.00. The software maker had revenue of $308.65 million for the quarter, compared to analyst estimates of $295.53 million. Proofpoint had a negative net margin of 14.51% and a negative trailing twelve-month return on equity of 13.43%.
View Proofpoint's earnings history.

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 stock has increased by 70.3% and is now trading at $175.90.
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17 equities research analysts have issued 1 year target prices for Proofpoint's stock. Their forecasts range from $122.00 to $190.00. On average, they expect Proofpoint's stock price to reach $163.67 in the next year. This suggests that the stock has a possible downside of 7.0%.
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295 employees have rated Proofpoint CEO Gary L. Steele on Glassdoor.com. Gary L. Steele has an approval rating of 93% among Proofpoint's employees. This puts Gary L. Steele in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Proofpoint include Microsoft (MSFT), Oracle (ORCL), ServiceNow (NOW), VMware (VMW), Fortinet (FTNT), Axon Enterprise (AXON), C3.ai (AI), Qualys (QLYS), Commvault Systems (CVLT), Progress Software (PRGS) and FalconStor Software (FALC).
View all of PFPT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Proofpoint investors own include NVIDIA (NVDA), Alibaba Group (BABA), Palo Alto Networks (PANW), salesforce.com (CRM), Advanced Micro Devices (AMD), Netflix (NFLX), PayPal (PYPL), The Walt Disney (DIS), Micron Technology (MU) and Square (SQ).

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

Proofpoint's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.19%), ArrowMark Colorado Holdings LLC (1.92%), Balyasny Asset Management LLC (1.71%), Natixis (1.55%), Bank of America Corp DE (1.44%) and Bank of America Corp DE (1.44%). Company insiders that own Proofpoint stock include Ashan Willy, Bhagwat Swaroop, Blake P Salle, Dana L Evan, David Knight, Gary Steele, Paul R Auvil III and Robert Darren Lee.
View institutional ownership trends for Proofpoint.

PFPT stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Price T Rowe Associates Inc. MD, Gabelli Funds LLC, New York State Common Retirement Fund, Bank of America Corp DE, Bank of America Corp DE, Healthcare of Ontario Pension Plan Trust Fund, and Goldman Sachs Group Inc.. Company insiders that have sold Proofpoint company stock in the last year include Ashan Willy, David Knight, Gary Steele, Paul R Auvil III, and Robert Darren Lee.
View insider buying and selling activity for Proofpoint or view top insider-selling stocks.

PFPT stock was acquired by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Natixis, Westchester Capital Management LLC, Glazer Capital LLC, Alpine Associates Management Inc., Bank of Nova Scotia, Tudor Investment Corp Et Al, and P Schoenfeld Asset Management LP.
View insider buying and selling activity for Proofpoint or or view top insider-buying stocks.

Shares of PFPT 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.
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One share of PFPT stock can currently be purchased for approximately $175.90.

Proofpoint has a market capitalization of $10.16 billion and generates $1.05 billion in revenue each year. The software maker earns $-163,810,000.00 in net income (profit) each year or ($0.85) on an earnings per share basis.

Proofpoint employs 3,658 workers across the globe.

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

Proofpoint is headquartered at 892 ROSS DRIVE, SUNNYVALE CA, 94089.

Proofpoint's mailing address is 892 ROSS DRIVE, SUNNYVALE CA, 94089. The software maker can be reached via phone at (408) 517-4710 or via email at [email protected].