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Palo Alto Networks Stock Price, Forecast & Analysis (NYSE:PANW)

$246.76
-0.24 (-0.10 %)
(As of 11/18/2019 11:58 AM ET)
Today's Range
$245.51
Now: $246.76
$248.80
50-Day Range
$202.40
MA: $219.86
$247.01
52-Week Range
$160.08
Now: $246.76
$260.63
Volume332,257 shs
Average Volume970,148 shs
Market Capitalization$23.93 billion
P/E Ratio391.68
Dividend YieldN/A
Beta0.99
Palo Alto Networks, Inc provides security platform solutions worldwide. The company provides firewall appliances and software; Panorama, a security management solution for the control of appliances deployed on an end-customer's network 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. Read More…

Industry, Sector and Symbol

Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryCommunications Equipment
SectorComputer and Technology
CUSIP69743510
Phone408-753-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.90 billion
Cash Flow$5.08 per share
Book Value$16.35 per share

Profitability

Net Income$-81,900,000.00

Miscellaneous

Employees7,014
Market Cap$23.93 billion
Next Earnings Date11/25/2019 (Confirmed)
OptionableOptionable

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Palo Alto Networks (NYSE:PANW) Frequently Asked Questions

What is Palo Alto Networks' stock symbol?

Palo Alto Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "PANW."

How were Palo Alto Networks' earnings last quarter?

Palo Alto Networks Inc (NYSE:PANW) released its earnings results on Wednesday, September, 4th. The network technology company reported $0.19 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.27 by $0.08. The network technology company earned $805.80 million during the quarter, compared to the consensus estimate of $803.56 million. Palo Alto Networks had a positive return on equity of 4.82% and a negative net margin of 2.82%. The company's revenue was up 22.4% compared to the same quarter last year. During the same period last year, the firm posted $1.28 earnings per share. View Palo Alto Networks' Earnings History.

When is Palo Alto Networks' next earnings date?

Palo Alto Networks is scheduled to release their next quarterly earnings announcement on Monday, November 25th 2019. View Earnings Estimates for Palo Alto Networks.

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

Palo Alto Networks will be holding an earnings conference call on Monday, November 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Palo Alto Networks updated its FY20 earnings guidance on Wednesday, September, 4th. The company provided earnings per share (EPS) guidance of $5.00-5.10 for the period, compared to the Thomson Reuters consensus estimate of $6.27. The company issued revenue guidance of $3.44-3.48 billion, compared to the consensus revenue estimate of $3.45 billion.

What price target have analysts set for PANW?

32 Wall Street analysts have issued 12-month target prices for Palo Alto Networks' stock. Their forecasts range from $177.00 to $316.00. On average, they expect Palo Alto Networks' share price to reach $261.65 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price. View Analyst Price Targets for Palo Alto Networks.

What is the consensus analysts' recommendation for Palo Alto Networks?

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palo Alto Networks in the last year. There are currently 1 sell rating, 5 hold ratings, 25 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Palo Alto Networks.

What are Wall Street analysts saying about Palo Alto Networks stock?

Here are some recent quotes from research analysts about Palo Alto Networks stock:
  • 1. Northland Securities analysts commented, "We maintain our Market Perform rating and look towards further execution." (9/16/2019)
  • 2. Rosenblatt Securities analysts commented, "We are initiating coverage of PANW with a Neutral rating. We believe PANW is a transition story. The fundamental question among many investors is whether the company can successfully transition from its perimeter-based firewall roots to be relevant in today’s cloud-first world where the security perimeter is not clearly defined. In our view, the company has a compelling product vision and is well on its way of becoming the vendor with most comprehensive security solutions to address not just the cloud and not just the on-premise environments but a highly complex hybrid one, which is the real solution every large organization is looking for. To that end, the company already offers robust endpoint security and cloud security, including a cloud version of its firewall (NGFW) capabilities." (9/9/2019)
  • 3. Maxim Group analysts commented, "Sustained 20+% billings growth solid, Next-Gen security growth impresses. F1Q20 revenue guidance slightly below consensus, likely due to conservatism. FY20 & FY22 guidance above consensus on billings, as Next-Gen security growth accelerates. On raised FY20 billings estimates to in-line with guidance, raising 12-month price target to $316, from $304." (9/5/2019)
  • 4. Evercore ISI analysts commented, "We are encouraged by both the results in the quarter and the continued push to consolidate security solutions for the cloud. With continued execution the stock should rerate to at least the ~20x FCF range with potential for upside beyond that as the business becomes more ratable over time, in our view. $290 PT." (6/2/2019)
  • 5. According to Zacks Investment Research, "Palo Alto is benefiting from healthy demand environment, product launches and increasing adoption of its next-generation security platforms. Also, customer wins coupled with expansion of the existing customer base are other positives. We believe that the company’s acquisitions synergies will also boost revenues, going forward. Further, the strategic partnerships with the likes of VMware, Splunk and Citrix, bode well. Shares have outperformed the industry year to date. The company has positive record of earnings surprises in the trailing four quarters. Nonetheless, a volatile spending environment and competition from peers are concerns. Near-term prospects for Palo Alto are not promising as customer changing behavior recently hit several other players in this space. The company’s heavy investment to boost sales and marketing capabilities, particularly by increasing sales force, is an overhang on margins." (5/3/2019)

Has Palo Alto Networks been receiving favorable news coverage?

News articles about PANW stock have trended very negative on Monday, according to InfoTrie. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Palo Alto Networks earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the network technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Palo Alto Networks.

Are investors shorting Palo Alto Networks?

Palo Alto Networks saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 4,460,000 shares, a drop of 19.1% from the September 30th total of 5,510,000 shares. Based on an average daily trading volume, of 1,330,000 shares, the days-to-cover ratio is presently 3.4 days. Approximately 4.8% of the company's stock are short sold. View Palo Alto Networks' Current Options Chain.

Who are some of Palo Alto Networks' key competitors?

What other stocks do shareholders of Palo Alto Networks own?

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

Who are Palo Alto Networks' key executives?

Palo Alto Networks' management team includes the folowing people:
  • Mr. Nikesh Arora, CEO & Chairman (Age 51)
  • Ms. Kathleen Bonanno, CFO & Exec. VP (Age 57)
  • Mr. René Bonvanie, Exec. VP & Chief Marketing Officer (Age 57)
  • Mr. Lee Klarich, Exec. VP & Chief Product Officer (Age 44)
  • Mr. Mark F. Anderson, Advisor (Age 57)

Who are Palo Alto Networks' major shareholders?

Palo Alto Networks' stock is owned by a number of of retail and institutional investors. Top institutional investors include Strs Ohio (0.55%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), First Trust Advisors LP (0.31%), California Public Employees Retirement System (0.25%), Atalanta Sosnoff Capital LLC (0.22%) and Kornitzer Capital Management Inc. KS (0.18%). Company insiders that own Palo Alto Networks stock include Carl M Eschenbach, James J Goetz, Jean Compeau, Kathleen Bonanno, Lee Klarich, Mark Anderson, Mark D Mclaughlin, Nikesh Arora, Nir Zuk, Rene Bonvanie and Stanley J Meresman. View Institutional Ownership Trends for Palo Alto Networks.

Which major investors are selling Palo Alto Networks stock?

PANW stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Harel Insurance Investments & Financial Services Ltd., Lyell Wealth Management LP, Robeco Institutional Asset Management B.V., Montag A & Associates Inc., Steward Partners Investment Advisory LLC, Gateway Investment Advisers LLC and Nisa Investment Advisors LLC. Company insiders that have sold Palo Alto Networks company stock in the last year include Carl M Eschenbach, Jean Compeau, Kathleen Bonanno, Lee Klarich, Mark D Mclaughlin, Nir Zuk, Rene Bonvanie and Stanley J Meresman. View Insider Buying and Selling for Palo Alto Networks.

Which major investors are buying Palo Alto Networks stock?

PANW stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio, Atalanta Sosnoff Capital LLC, California Public Employees Retirement System, Kornitzer Capital Management Inc. KS, Commerzbank Aktiengesellschaft FI, Gratus Capital LLC, TIAA FSB and State of Michigan Retirement System. View Insider Buying and Selling for Palo Alto Networks.

How do I buy shares of Palo Alto Networks?

Shares of PANW 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 Palo Alto Networks' stock price today?

One share of PANW stock can currently be purchased for approximately $246.71.

How big of a company is Palo Alto Networks?

Palo Alto Networks has a market capitalization of $23.93 billion and generates $2.90 billion in revenue each year. The network technology company earns $-81,900,000.00 in net income (profit) each year or $0.63 on an earnings per share basis. Palo Alto Networks employs 7,014 workers across the globe.View Additional Information About Palo Alto Networks.

What is Palo Alto Networks' official website?

The official website for Palo Alto Networks is http://www.paloaltonetworks.com/.

How can I contact Palo Alto Networks?

Palo Alto Networks' mailing address is 3000 TANNERY WAY, SANTA CLARA CA, 95054. The network technology company can be reached via phone at 408-753-4000 or via email at [email protected]


MarketBeat Community Rating for Palo Alto Networks (NYSE PANW)

Community Ranking:  3.5 out of 5 (star star star half star)
Outperform Votes:  1,776 (Vote Outperform)
Underperform Votes:  770 (Vote Underperform)
Total Votes:  2,546
MarketBeat's community ratings are surveys of what our community members think about Palo Alto Networks and other stocks. Vote "Outperform" if you believe PANW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PANW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2019 by MarketBeat.com Staff

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