The Palo Alto Networks Inc (PANW) share price is expected to increase by 12.61% over the next year. This is based on calculating the average 12-month share price estimate provided by 41 stock analysts who have covered PANW. Price targets range from $276 at the low end to $445 at the high end. The current analyst consensus for PANW is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 41 Wall Street analysts have assigned PANW 29 buy ratings, 10 hold ratings, and 2 sell ratings. This means that analysts expect Palo Alto Networks Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PANW. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of PANW.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Shyam Patil Susquehanna | Positive | $420 | Maintains | Sep 5, 2024 |
Tal Liani B of A Securities | Neutral | $400 | Maintains | Aug 21, 2024 |
Gray Powell BTIG | Buy | $395 | Maintains | Aug 20, 2024 |
Peter Levine Evercore ISI Group | Outperform | $395 | Maintains | Aug 20, 2024 |
Hamza Fodderwala Morgan Stanley | Overweight | $390 | Maintains | Aug 20, 2024 |
Gabriela Borges Goldman Sachs | Buy | $376 | Maintains | Aug 20, 2024 |
Fatima Boolani Citigroup | Buy | $395 | Maintains | Aug 20, 2024 |
Keith Bachman BMO Capital | Outperform | $390 | Maintains | Aug 20, 2024 |
Yi Fu Lee Cantor Fitzgerald | Overweight | $400 | Maintains | Aug 20, 2024 |
Saket Kalia Barclays | Overweight | $370 | Maintains | Aug 20, 2024 |
Catharine Trebnick Rosenblatt | Neutral | $345 | Maintains | Aug 20, 2024 |
Trevor Walsh JMP Securities | Market Outperform | $380 | Reiterates | Aug 20, 2024 |
Alex Henderson Needham | Buy | $385 | Maintains | Aug 20, 2024 |
Paul Rodriguez WestPark Capital | Hold | Reiterates | Aug 20, 2024 | |
Roger Boyd UBS | Neutral | $355 | Maintains | Aug 20, 2024 |
Patrick Colville Scotiabank | Sector Outperform | $400 | Maintains | Aug 20, 2024 |
Shrenik Kothari Baird | Outperform | $385 | Maintains | Aug 20, 2024 |
Nehal Chokshi Northland Capital Markets | Market Perform | $350 | Maintains | Aug 20, 2024 |
Rob Owens Piper Sandler | Neutral | $330 | Maintains | Aug 20, 2024 |
Matthew Hedberg RBC Capital | Outperform | $410 | Maintains | Aug 20, 2024 |
When did it IPO
2012
Staff Count
15,289
Country
United States
Sector/Industry
Technology/Software - Infrastructure
CEO
Mr. Nikesh Arora C.F.A.
Market Cap
$111.47B
In 2023, PANW generated $6.89B in revenue, which was a increase of 25.29% from the previous year. This can be seen as a signal that PANW's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Investors are closely monitoring Palo Alto Networks (PANW), indicating potential interest or upcoming developments related to the stock.
Why It Matters - Increased attention from Zacks.com users indicates heightened interest in Palo Alto Networks (PANW), potentially driving stock volatility and influencing investment decisions.
Summary - Palo Alto Networks and Fortinet are investing in AI to enhance cybersecurity, reflecting the growing demand for advanced online security solutions as companies rely more on technology.
Why It Matters - Rising demand for cybersecurity boosts growth prospects for companies like Palo Alto Networks and Fortinet, indicating potential investment opportunities in AI-driven security solutions.
Summary - Palo Alto Networks and Red Canary have expanded their partnership to enhance SOC modernization through AI-driven platforms and threat intelligence, launching Managed XSIAM services.
Why It Matters - The partnership enhances cybersecurity offerings, potentially driving growth for both companies and increasing their competitive edge in a crucial market, positively influencing investor sentiment.
Summary - Palo Alto Networks (PANW) closed at $338.73, reflecting a decline of 0.52% from the previous trading day.
Why It Matters - The slight decline in Palo Alto Networks' stock price indicates potential market volatility or investor sentiment shifts, impacting short-term trading strategies and portfolio valuations.
Summary - Veeam Apps now integrate with Palo Alto Networks Cortex, enhancing organizations' ability to detect and respond to cyberattacks, thereby improving data resilience.
Why It Matters - The integration of Veeam Apps with Palo Alto Networks enhances cybersecurity, improving data resilience for organizations, which can lead to increased demand for their solutions and potential revenue growth.
Summary - The Investment Committee has released a list of top stocks to monitor for the second half of the year.
Why It Matters - Top stock recommendations signal potential growth opportunities and market trends, influencing investment strategies and portfolio decisions in the upcoming half.