A month has gone by since the last earnings report for Palo Alto Networks (PANW) . Shares have added about 1.7% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Palo Alto due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Palo Alto Q3 Earnings and Revenues Beat Estima ...

hapabapa Investment thesis My previous bullish thesis about Palo Alto Networks (NASDAQ:PANW) aged well, as the stock slightly outperformed the broader U.S. market since mid-November 2023. From the fundamental perspective, it appears that the stock rally is fair because the company delivered another strong quarter with solid revenue growth momentum and extensive operating leverage. The free cash flow margin is expanding rapidly, adding more strength to the company's financial position. Having sufficient fina ...

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These AI leaders are set to rally.The artificial intelligence (AI) boom promises to create fortune-building opportunities for forward-thinking investors. Key providers of AI infrastructure and applications could be particularly attractive investments as they're likely to benefit disproportionately from the tech industry's growth.AI leaders that enact forward stock splits could receive an additional boost. Splits may not change the fundamental value of a business, but investors view them as a vote of confide ...

Comprehensive end-to-end platform solves multiple use cases with OT expertise and capabilities  SANTA CLARA, Calif., June 11, 2024 /PRNewswire/ -- Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, announced today it has been recognized as a Leader in The Forrester Wave™: Operational Technology Security Solutions, Q2 2024. Palo Alto Networks received the highest scores in both the strategy and current offering categories. According to the report, "It envisions seamless integration of IT an ...

Core Insights - Palo Alto Networks' Unit 42 has been recognized as a Leader in The Forrester Wave™: Cybersecurity Incident Response Services, Q2 2024, achieving the highest possible scores in nine criteria including Innovation and Threat Intelligence [1][4] Company Overview - Palo Alto Networks is a global leader in cybersecurity, providing next-gen cybersecurity solutions to thousands of customers across various sectors [7] - The company emphasizes innovation to outpace cyber threats, ensuring organizations can adopt technology with confidence [7] Unit 42 Highlights - Unit 42 has nearly doubled its number of Incident Response (IR) Retainer customers in the past year, showcasing its effectiveness in navigating complex incident response investigations [3] - The team consists of global threat experts and seasoned IR consultants, capable of responding to incidents 24/7 [3] - Unit 42's incident response approach focuses on transforming an organization's security posture and enhancing overall cyber resilience [3] Recognition and Achievements - The Forrester report highlights Unit 42's global expansion, innovative IR offerings, and enhanced threat intelligence capabilities [3] - In addition to the recent recognition in incident response services, Palo Alto Networks was also named a Leader in The Forrester Wave™: Extended Detection and Response, Q2 2024 [4] Technology and Innovation - Unit 42 utilizes Precision AI™ technology to automate detection, prevention, and remediation, shifting security from reactive to proactive [3] - The recently launched Arcade platform is designed for IR client onboarding and retainer management, enhancing customer security profiles and situational awareness [3]

Palo Alto Networks (PANW) has been focusing on offering regionally-hosted cloud-based cybersecurity solutions to meet regulatory requirements. In this connection, it recently established a new cloud location in Indonesia for hosting its cloud services.The local customers of Indonesia had to use Prisma Access to be able to operate the Palo Alto products till now. The new cloud location will now enable these customers to expand on a range of locally hosted cloud products that include Prisma Cloud, Cortex XDR, ...

Palo Alto Networks, Inc. (NASDAQ:PANW) Bank of America 2024 Global Technology Conference June 4, 2024 10:50 AM ET Company Participants Nikesh Arora - Chief Executive Officer Conference Call Participants Tal Liani - Bank of America Tal Liani Thanks very much for joining us to our tech -- Annual Tech Conference. We have a wonderful schedule for you for the next few days. We have over 540 registered investors. We have 135 companies. I just want to remind you, I'm going to start from the most important part. m ...

Palo Alto Networks, Inc. (NASDAQ:PANW) Bank of America 2024 Global Technology Conference June 4, 2024 10:50 AM ET Company Participants Nikesh Arora - Chief Executive Officer Conference Call Participants Tal Liani - Bank of America Tal Liani Thanks very much for joining us to our tech -- Annual Tech Conference. We have a wonderful schedule for you for the next few days. We have over 540 registered investors. We have 135 companies. I just want to remind you, I'm going to start from the most important part. m ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Palo Alto Networks (PANW) .Palo Alto currently has an average brokerage recommendation (ABR) of ...