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NYSE:PANW - Palo Alto Networks Stock Price, Forecast & News

$184.15
-3.41 (-1.82 %)
(As of 02/28/2020 10:15 AM ET)
Today's Range
$181.06
Now: $184.15
$185.23
50-Day Range
$189.58
MA: $240.36
$249.22
52-Week Range
$182.62
Now: $184.15
$255.00
Volume292,723 shs
Average Volume1.48 million shs
Market Capitalization$18.36 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.96
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$4.91 per share
Book Value$16.35 per share

Profitability

Net Income$-81,900,000.00

Miscellaneous

Employees7,014
Market Cap$18.36 billion
Next Earnings Date6/3/2020 (Estimated)
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) issued its quarterly earnings data on Monday, February, 24th. The network technology company reported $1.19 EPS for the quarter, beating the Zacks' consensus estimate of $1.12 by $0.07. The network technology company had revenue of $816.70 million for the quarter, compared to analyst estimates of $842.13 million. Palo Alto Networks had a negative return on equity of 2.23% and a negative net margin of 5.58%. The firm's revenue for the quarter was up 14.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.51 EPS. 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 Wednesday, June 3rd 2020. View Earnings Estimates for Palo Alto Networks.

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

Palo Alto Networks issued an update on its FY20 earnings guidance on Monday, February, 24th. The company provided earnings per share (EPS) guidance of $4.55-4.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.96. The company issued revenue guidance of $3.35-3.39 billion, compared to the consensus revenue estimate of $3.46 billion.

What price target have analysts set for PANW?

32 brokers have issued 1-year price objectives for Palo Alto Networks' shares. Their forecasts range from $190.00 to $316.00. On average, they expect Palo Alto Networks' stock price to reach $251.06 in the next year. This suggests a possible upside of 36.3% 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, 13 hold ratings and 18 buy ratings 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. According to Zacks Investment Research, "Palo Alto is hurting from stiff competition from the likes of Fortinet and Cisco. Moreover, continued acquisitions and heavy investments to boost sales and marketing are hurting the company’s operating margin. Furthermore, U.S. tariff on Chinese goods is expected to negatively impact the bottom line. Volatile spending environment is also a negative. Shares of the company have underperformed the industry in the past year. However, Palo Alto is gaining from strong demand for its cloud security products. Several deal wins and growing adoption of its next-generation security platforms are positives. Palo Alto’s recent acquisition synergies are also expected to boost revenues, going forward. Growing traction in Prisma and Cortex offerings is another tailwind. Estimates have been stable ahead of the company’s Q2 earnings release." (1/28/2020)
  • 2. Northland Securities analysts commented, "We maintain our Market Perform rating and look towards further execution." (9/16/2019)
  • 3. 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)
  • 4. 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)
  • 5. 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)

Has Palo Alto Networks been receiving favorable news coverage?

Headlines about PANW stock have trended very negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Palo Alto Networks earned a media sentiment score of -3.5 on InfoTrie's scale. They also assigned media coverage about the network technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Palo Alto Networks.

Are investors shorting Palo Alto Networks?

Palo Alto Networks saw a decline in short interest in the month of February. As of February 14th, there was short interest totalling 2,410,000 shares, a decline of 16.0% from the January 30th total of 2,870,000 shares. Based on an average daily volume of 1,100,000 shares, the short-interest ratio is presently 2.2 days. Currently, 2.5% 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), Netflix (NFLX), salesforce.com (CRM), Micron Technology (MU), Tesla (TSLA), Paypal (PYPL), Visa (V), Walt Disney (DIS) and Adobe (ADBE).

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 institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (5.78%), Farallon Capital Management LLC (1.13%), Pictet Asset Management Ltd. (1.09%), Geode Capital Management LLC (0.97%), Altshuler Shaham Ltd (0.97%) and Champlain Investment Partners LLC (0.89%). Company insiders that own Palo Alto Networks stock include Carl M Eschenbach, 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 institutional investors are selling Palo Alto Networks stock?

PANW stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Cadian Capital Management LP, Strs Ohio, Renaissance Technologies LLC, Janus Henderson Group PLC, AO Asset Management LP, Robeco Institutional Asset Management B.V. and Russell Investments Group Ltd.. 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 and Rene Bonvanie. View Insider Buying and Selling for Palo Alto Networks.

Which institutional investors are buying Palo Alto Networks stock?

PANW stock was purchased by a variety of institutional investors in the last quarter, including Farallon Capital Management LLC, Alyeska Investment Group L.P., Pictet Asset Management Ltd., Menora Mivtachim Holdings LTD., Spyglass Capital Management LLC, Jacobs Levy Equity Management Inc., Bank of Montreal Can and Caisse DE Depot ET Placement DU Quebec. 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 $184.15.

How big of a company is Palo Alto Networks?

Palo Alto Networks has a market capitalization of $18.36 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:  1,807 (Vote Outperform)
Underperform Votes:  811 (Vote Underperform)
Total Votes:  2,618
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 2/28/2020 by MarketBeat.com Staff

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