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Palo Alto Networks (PANW)
NASDAQ:PANW
Palo Alto Networks (PANW) Stock Price & Analysis
8,662 Followers
PANW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$176.30 - $380.84
Previous Close$291.42
Volume2.99M
Average Volume (3M)6.03M
Market Cap
$94.16B
Enterprise Value$92.97B
Total Cash (Recent Filing)$3.37B
Total Debt (Recent Filing)$2.18B
Price to Earnings (P/E)45.6
Beta1.10
Next Earnings
May 22, 2024EPS Estimate
$1.25Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)6.40
Shares Outstanding323,100,000
10 Day Avg. Volume3,318,489
30 Day Avg. Volume6,031,851
Standard Deviation0.11
R-Squared0.32
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)172.96
Price to Sales (P/S)48.53
Price to Cash Flow (P/CF)34.10
P/FCF Ratio35.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.35
Enterprise Value/Gross Profit18.66
Enterprise Value/Ebitda97.89
Forecast
1Y Price Target
$333.76Price Target Upside13.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering39
Palo Alto Networks News
Bulls Say, Bears Say
Bulls Say
Financial PerformancePalo Alto Networks reported strong earnings with non-GAAP EPS up significantly, driven by robust Subscription and Support sales growth.
Innovation And GrowthPalo Alto is launching three new AI solutions, showcasing innovation and strengthening product offerings, which are expected to generate new revenue streams.
Product And StrategyPalo Alto Networks' platformization strategy is enhancing customer adoption of comprehensive security solutions, simplifying the management of multiple security products.
Bears Say
Billings ConcernsUncertainty over the completion of the Thunderdome contract and billings acceleration may lead to lower free cash flow estimates, posing a risk to Palo Alto's financial outlook.
Competitive LandscapeIncreasing competitive intensity and comments about cyber 'spend fatigue' imply sector weakness, which may impact Palo Alto's market position and revenue generation.
Strategic ShiftsPalo Alto's shift to its go-to-market strategy is expected to put pressure on billings for an extended period, potentially affecting the company's financial performance.
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Ownership Overview
3.84% Insiders
23.24% Mutual Funds
23.56% Other Institutional Investors
49.36% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PANW FAQ
What was Palo Alto Networks’s price range in the past 12 months?
Palo Alto Networks lowest stock price was $176.30 and its highest was $380.84 in the past 12 months.
What is Palo Alto Networks’s market cap?
Currently, no data Available
When is Palo Alto Networks’s upcoming earnings report date?
Palo Alto Networks’s upcoming earnings report date is May 22, 2024 which is in 18 days.
How were Palo Alto Networks’s earnings last quarter?
Palo Alto Networks released its earnings results on Feb 20, 2024. The company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.3 by $0.16.
Is Palo Alto Networks overvalued?
According to Wall Street analysts Palo Alto Networks’s price is currently Undervalued.
Does Palo Alto Networks pay dividends?
Palo Alto Networks does not currently pay dividends.
What is Palo Alto Networks’s EPS estimate?
Palo Alto Networks’s EPS estimate is $1.25.
How many shares outstanding does Palo Alto Networks have?
Palo Alto Networks has 323,100,000 shares outstanding.
What happened to Palo Alto Networks’s price movement after its last earnings report?
Palo Alto Networks reported an EPS of $1.46 in its last earnings report, beating expectations of $1.3. Following the earnings report the stock price went down -28.441%.
Which hedge fund is a major shareholder of Palo Alto Networks?
Among the largest hedge funds holding Palo Alto Networks’s share is PRIMECAP Management Co. It holds Palo Alto Networks’s shares valued at 150M.
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Palo Alto Networks Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$333.76 (13.75% Upside)
$333.76 (13.75% Upside)
Blogger Sentiment
Bullish
PANW Sentiment 82%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 555.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 0.1%
Last 30 Days ▲ 0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
60.80%
12-Months-Change
Fundamentals
Return on Equity
89.52%
Trailing 12-Months
Asset Growth
38.96%
Trailing 12-Months
Company Description
Palo Alto Networks
California-based Palo Alto Networks, Inc., founded in 2005, is a global cybersecurity leader. The company provides network security solutions to enterprises, service providers, and government entities.
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PANW Company Deck
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PANW Earnings Call
Q2 2024
0:00 / 0:00
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PANW Revenue Breakdown
77.10% Subscription and support
22.90% Product
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PANW Stock 12 Months Forecast
Average Price Target
$333.76
▲(13.75% Upside)
Technical Analysis
Best Analysts Covering PANW
1 Year
1 Year Success Rate
18/20 ratings generated profit
1 Year Average Return
+25.84%
reiterated a buy rating 30 days ago
Copying Patrick Colville's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +25.84% per trade.
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