Palo Alto Networks PANW stock price prediction is 393 28091645444 USD. The Palo Alto Networks stock forecast is 393.28091645444 USD for 2024 September 30, Monday; and 1299.340 USD for 2028 September 30, Saturday.

The company has offices and infrastructure in more than 150 countries and has offices and operations in key markets worldwide. Palo Alto Networks’ global presence cum se cum sa allows it to serve diverse customers and tap into new markets for growth. Volatility has been the name of the game on Wall Street since this decade began.

But as we look a little further, its net income has been a notable contribution from other income, which is mostly comprised of interest income from its investment portfolio. Other income used to be not material five quarters ago, but now it is almost half of its net income. Without other income, this turnaround is still strong but is much less in value. The company’s revenue has almost doubled every three years since it went IPO. The secular growth of its net income, after falling to its lowest level in 2022, is finally looking up. In fact, FY 2023 marked the first time its net income has swung to positive since its IPO.

• Shares Short Prior Month – the number of shares in short positions in the last month.
• Professionals believe that By 2030, Palo Alto Networks’s EPS will fall to $2.18 – a 13.63% decrease from its current value.
• The sales acquisition costs are currently sustainable but it is a cost that is hard to cut down.
• While its long-term investments are mostly tied up in US corporate bonds.
• The NGFW is designed to provide real-time visibility and control over network traffic, enabling businesses to detect and prevent cyber attacks before they cause harm.

Palo Alto Networks has not confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 16th, 2023 based off last year’s report dates. The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023. In addition to its organic growth initiatives, Palo Alto Networks is also focused on expanding its global footprint.

Company Ownership

Although this ratio is in the ballpark with what it was in 2021 and 2020, the difference is back in ’20 and ’21, it had a higher long-term debt with minuscule short-term debt. This ratio is probably higher than about 98% of the companies in the software industry. With more of the obligations being pulled forward, this is not helpful for its future cash flow, which is likely to underperform as a result.

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

• Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
• The firm cites “somewhat soft [fiscal year 2024] guidance and cautious demand commentary.” But it has always paid to buy the dip here, as this company is helping you to digitize.
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• Whether PANW stock is a suitable investment depends on your own investment objectives.

Palo Alto Networks’ growth strategy focuses on expanding its product offerings and increasing its market share in the cybersecurity market. The company has made a number of strategic acquisitions in recent years, including Demisto, a security orchestration and automation company and Twistlock, a container security company. These acquisitions have allowed Palo Alto Networks to broaden its product portfolio and enter new markets.

U.S. stock future rise Friday morning, with the S&P 500 climbing 0.7%, even as equities are on track to end down for both September and the third quarter. But the end of a bad September has 12 out of 13 times bred a good October, sometimes very good. Palo Alto Networks stock traders use a variety of tools to make a prediction on which Forex Trading Online way the PANW market is likely to head next. These tools can roughly be divided into indicators and chart patterns. Based on our Palo Alto Networks stock forecast, Palo Alto Networks stock is currently not a good stock to buy. This is because the price of Palo Alto Networks stock is expected to increase by -32.01% in the next year.

It has scored in 13 categories of industrial services by Gartner, up from 9 in 2020. But what differentiates it from its competitors is its ability to provide all the services in a unified platform. While in its most recent quarters, the revenue generated from subscription and support grew much faster than from product alone. The company is strong in providing innovative solutions to enterprise security against cyberattacks. Each categorical service can serve at the granular level, which makes them more effective in serving customers’ demands. As a leader in the cybersecurity industry, it has a strong pull with both its customers and its competitors.

Palo Alto Networks Inc is a leading cybersecurity company that provides advanced security solutions to businesses, governments and organizations worldwide. Founded in 2005, Palo Alto Networks has become a market leader in next-generation firewall technology and cloud-based security solutions. With few exceptions, the stock-split stocks listed above tend to aggressively reinvest their operating cash flow into high-growth Que es un pip en forex initiatives. For this reason, forward-year cash flow, not forward-year EPS, is the better value determinant among these nine high-profile stock-split stocks. Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Palo Alto Networks’s stock price action in 1-hour chunks.

Palo Alto stock price target raised to $275 vs. $225 at Truist

If it is due to its customers’ business planning and management, there should be a general trend occurring within the industry, at least to some degree. But when we compare Palo Alto Networks’ accounts receivables with its competitors such as Torinet and Zscaler, we didn’t find such significant seasonality. We believe it is mostly due to PANW’s own sales compensation plan that includes annual quotas and commission rate accelerators for obtaining the sales contracts at the end of the FY. Move your mouse over a quarter or year to see how estimates have changed over time.

The cybersecurity industry has emerged as a critical pillar in the modern business landscape, addressing the ever-growing need to safeguard digital assets and data. While its long-term investments are mostly tied up in US corporate bonds. It even mentioned higher interest rate was a factor in achieving higher investment income in its latest 10Q. If we look at the composition of its investment, its short-term investment has a concentration in corporate bonds and US agency debt. The average analyst rating for PANW stock from 39 stock analysts is “Strong Buy”.

Is Palo Alto Networks stock a good investment?

StockForecast has the objective information you need to analyze stocks and currencies. StockForecast is not a personal financial advisor and does not make recommendations or offers to buy or sell securities or currencies. Palo Alto Networks stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2023, 2024, 2025, 2026 and 2027)
The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Palo Alto Networks shares. 43 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Palo Alto Networks in the last year. There are currently 4 hold ratings and 39 buy ratings for the stock.

hours forecast

Palo Alto Networks Inc. shares are basking in the ultimate relief rally Monday after the company’s Friday night earnings scare proved a fakeout. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

The Palo Alto Networks stock price prediction for tomorrow is $ 235.85, based on the current market trends. According to the prediction, the price of PANW stock will increase by 0.69% in the next day. You must make your own assessment of the PANW stock, taking in such things as the environment in which it trades and your risk tolerance. Its main business is in manufacturing and marketing networking equipment. Despite offering cybersecurity services as its secondary service, Cisco’s security business is the leading rival to Palo Alto, followed by Fortinet and CheckPoint, according to Gartner. We believe another deciding factor to its positive net income is better control of its costs of revenue and operating expenses.

Palo Alto Networks Inc (NASDAQ:PANW)

Each candlestick will display PANW’s opening price, closing price, as well as the highest and lowest prices that Palo Alto Networks reached within the 1-hour period. This information makes it easier to make an informed price prediction. Moving averages are among the most popular Palo Alto Networks stock prediction tools. As the name suggests, a moving average provides the average closing price for PANW stock over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for PANW is a sum of PANW’s closing prices over the last 12 days which is then divided by 12.