Palo Alto Networks Stock Forecast, Price & News

31 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Palo Alto Networks in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 28 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Palo Alto Networks stock.
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Palo Alto Networks saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 5,950,000 shares, an increase of 21.9% from the August 15th total of 4,880,000 shares. Based on an average trading volume of 1,210,000 shares, the days-to-cover ratio is currently 4.9 days. Approximately 6.3% of the shares of the company are sold short.
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Palo Alto Networks is scheduled to release its next quarterly earnings announcement on Monday, November 15th 2021.
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Palo Alto Networks, Inc. (NYSE:PANW) announced its earnings results on Sunday, August, 22nd. The network technology company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.16. The network technology company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.17 billion. Palo Alto Networks had a negative net margin of 11.72% and a negative trailing twelve-month return on equity of 17.08%. The firm's revenue for the quarter was up 28.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.48 EPS.
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Palo Alto Networks' stock was trading at $157.53 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PANW stock has increased by 202.4% and is now trading at $476.37.
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Palo Alto Networks updated its FY 2024 earnings guidance on Tuesday, September, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $8 billion-$8 billion.

31 brokers have issued 12-month price targets for Palo Alto Networks' stock. Their forecasts range from $330.00 to $615.00. On average, they anticipate Palo Alto Networks' share price to reach $510.00 in the next year. This suggests a possible upside of 7.1% from the stock's current price.
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224 employees have rated Palo Alto Networks CEO Nikesh Arora on Glassdoor.com. Nikesh Arora has an approval rating of 74% among Palo Alto Networks' employees.

Some companies that are related to Palo Alto Networks include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Viasat (VSAT), Calix (CALX), EchoStar (SATS), InterDigital (IDCC), Infinera (INFN), Extreme Networks (EXTR), NETGEAR (NTGR), ADTRAN (ADTN) and Ribbon Communications (RBBN).
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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), Tesla (TSLA), Micron Technology (MU), The Walt Disney (DIS), PayPal (PYPL), Intel (INTC) and Visa (V).

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

Palo Alto Networks' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.73%), Clearbridge Investments LLC (2.83%), Canada Pension Plan Investment Board (1.30%), Northern Trust Corp (1.25%), Geode Capital Management LLC (1.16%) and Citigroup Inc. (0.00%). Company insiders that own Palo Alto Networks stock include Amit K Singh, 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 for Palo Alto Networks.

PANW stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Renaissance Technologies LLC, Canada Pension Plan Investment Board, Parallax Volatility Advisers L.P., APG Asset Management N.V., Millennium Management LLC, State of Wisconsin Investment Board, and Psagot Investment House Ltd.. Company insiders that have sold Palo Alto Networks company stock in the last year include Amit K Singh, Jean Compeau, John P Key, John Strosahl, Lee Klarich, Mark D Mclaughlin, and Nir Zuk.
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PANW stock was purchased by a variety of institutional investors in the last quarter, including Citigroup Inc., Atalan Capital Partners LP, Healthcare of Ontario Pension Plan Trust Fund, HAP Trading LLC, Alyeska Investment Group L.P., Squarepoint Ops LLC, Nicholas Company Inc., and Citadel Advisors LLC. Company insiders that have bought Palo Alto Networks stock in the last two years include John Donovan, and Nikesh Arora.
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Shares of PANW 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 PANW stock can currently be purchased for approximately $476.37.

Palo Alto Networks has a market capitalization of $46.40 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 ($2.50) on an earnings per share basis.

Palo Alto Networks employs 10,473 workers across the globe.

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..

Palo Alto Networks was founded in 2005.

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

Palo Alto Networks is headquartered at 3000 TANNERY WAY, SANTA CLARA CA, 95054.

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].