|Bid||229.03 x 1000|
|Ask||229.39 x 800|
|Day's range||215.05 - 219.93|
|52-week range||132.22 - 219.93|
|Beta (5Y monthly)||1.17|
|PE ratio (TTM)||334.22|
|Earnings date||21 Aug 2023 - 25 Aug 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||232.08|
Here is how Palo Alto Networks (PANW) and Rambus (RMBS) have performed compared to their sector so far this year.
CrowdStrike's (NASDAQ: CRWD) stock price dropped 12% during after-hours trading on May 31 following its latest earnings report. For the first quarter of fiscal 2024, which ended on April 30, the cloud-based cybersecurity company's revenue rose 42% year over year to $693 million and exceeded analysts' estimates by $16 million. Is it too late to buy some shares of this high-growth cybersecurity company?
May was good towards many stocks, particularly these three. But can their momentum continue?
Does Palo Alto Networks (PANW) have what it takes to be a top stock pick for momentum investors? Let's find out.
Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
Palo Alto Networks (NASDAQ: PANW) has enjoyed a breathtaking run in the stock market so far in 2023 with gains of more than 53% so far. Let's look at that catalyst and see how it could help Palo Alto maintain its outstanding growth. On May 23, Palo Alto released its fiscal 2023 third-quarter results (for the three months ended April 30).
Investors could benefit from adding cybersecurity stocks to their portfolios, and Palo Alto Networks (NASDAQ: PANW) is an industry leader. Its stock has the support of Wall Street, with the overwhelming majority of analysts tracked by The Wall Street Journal recommending buying it. Palo Alto claims it's the largest artificial intelligence (AI)-based cybersecurity company.
After yet another exceptional financial update, shares of Palo Alto Networks (NASDAQ: PANW) are up a whopping 50% so far in 2023. The cybersecurity pure-play leader has some lofty goals and keeps meeting and exceeding them, as industries of all kinds are in need of PANW's software. Is it too late to buy Palo Alto Networks stock now?
Based on the latest round of 13F filings, a number of prominent billionaire investors piled into three fast-growing stock-split stocks.
Heading into the company's latest earnings update, Fool.com contributor and finance professor Parkev Tatevosian had Palo Alto Networks (NASDAQ: PANW) stock rated as a buy. Tune in to find out if that recommendation changed.
Recently, Zacks.com users have been paying close attention to Palo Alto (PANW). This makes it worthwhile to examine what the stock has in store.
Palo Alto Networks' (NASDAQ: PANW) stock surged 8% on May 24 after it posted its latest earnings report. On the basis of generally accepted accounting principles (GAAP), Palo Alto Networks generated a net profit of $108 million, compared to its net loss of $73 million a year earlier. Palo Alto splits its business into three ecosystems: Strata, which houses its on-site firewalls and network security appliances; Cortex, which handles its threat-detection tools powered by artificial intelligence (AI); and Prisma, which hosts its cloud-based security services.
Between just 2019 and today, annual revenues have gone up nearly 10x
Just today, we got a big surprise from cybersecurity titan Palo Alto Networks, with the company posting a double-beat and raising cash flow margin guidance. Shares popped on the news.
The company boosted the low end of its full-year revenue forecast as companies continue to spend on cybersecurity despite fears of a broader economic slowdown.
Yahoo Finance contributor Remy Blaire reports from the New York Stock Exchange to discuss stocks opening lower this morning, earnings reports from Palo Alto Networks and Intuit, and the impact of the luxury retail market on LVMH.
Investing.com -- Stocks are falling on Wednesday as negotiations on the debt ceiling dragged on with the deadline swiftly approaching. Here are the market movers for May 24.
Stock market investors have generally had confidence that Washington politicians would manage to avoid sending the U.S. into default on its debt. The Nasdaq Composite was the worst performer with declines of more than half a percent, adding to losses late Tuesday. Earnings season reached its peak a couple of weeks ago, but results continue to come out from various corners of the market.
Palo Alto's (PANW) fiscal Q3 results reflect the benefits of solid demand across its cyber security portfolio amid the growing hybrid work trend and cloud migration worldwide.
Investing.com -- Stocks in focus in premarket trade on Wednesday, May 24th. Please refresh for updates.
With me on today's call are Nikesh Arora, our chairman and chief executive officer; and Dipak Golechha, our chief financial officer. Following the prepared remarks, our chief product officer, Lee Klarich, will join us in the Q&A session.
While the top- and bottom-line numbers for Palo Alto (PANW) give a sense of how the business performed in the quarter ended April 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Palo Alto (PANW) delivered earnings and revenue surprises of 19.57% and 0.38%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
Yahoo Finance Live's Seana Smith takes a look at several stocks trending in the after-hours trading session.
(Reuters) -Palo Alto Networks Inc raised its annual forecasts for revenue and adjusted profit on Tuesday as enterprise customers shift to one-stop shops for their cybersecurity needs in a bid to reduce costs. Shares of the Santa Clara, California-based company gained 4% to $197.2 in volatile trading after the bell. A rise in cyber crime and the growing digital presence of businesses and governments have fed demand for cybersecurity software, helping soften the impact from technology budgets shrinking in the face of high interest rates and inflation.