Previous close | 224.72 |
Open | 225.74 |
Bid | 216.30 x 1100 |
Ask | 216.40 x 1100 |
Day's range | 216.17 - 225.90 |
52-week range | 132.22 - 230.18 |
Volume | |
Avg. volume | 4,127,012 |
Market cap | 66.141B |
Beta (5Y monthly) | 1.17 |
PE ratio (TTM) | 318.01 |
EPS (TTM) | 0.68 |
Earnings date | 21 Aug 2023 - 25 Aug 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 232.85 |
Should you buy must-own large cap growth stocks at any price in 2023?
Agilent Technologies (A) strengthens its Life Sciences & Applied Markets Group (LSAG) segment with 6495 LC//TQ and Revident LC/Q-TOF.
Zscaler's (NASDAQ: ZS) stock jumped 5% on June 2 after the cybersecurity company posted its latest earnings report. Zscaler's "zero trust" services secure an organization's network by treating everyone -- including top executives -- as potential threats. Instead of installing on-site appliances and software like older cybersecurity companies, Zscaler only provides cloud-native services -- which are cheaper and easier to scale as an organization expands.
More than just a reshuffling of ticker symbols, this is a story of one company that is performing remarkably well.
The S&P 500 and Nasdaq Composite are up 11% and 27%, respectively, since the beginning of this year as value-seeking investors started nibbling on some stocks that got crushed by rising interest rates, inflation, and other macro headwinds. Palo Alto Networks, one of the world's largest cybersecurity companies, serves nearly all of the Fortune 100 companies and most of the Global 2000 companies. Between fiscal 2012 and fiscal 2022 (which ended last July), its annual revenue grew at a compound annual growth rate (CAGR) of 36%, while its adjusted net income rose at a CAGR of 50%.
The economy has thus far been more resilient than many had anticipated, but that still leaves unanswered questions about the future course of monetary policy from the Federal Reserve and the potential impact of inflation. As a result, major market benchmarks opened close to flat on Monday morning. Palo Alto Networks (NASDAQ: PANW) achieved a key milestone that has investors excited about what the immediate future will bring.
Palo Alto Networks shares are on the rise after S&P announced the stock will replace Dish Network in the S&P 500. Yahoo Finance Live's Brad Smith and Julie Hyman explain why stocks move on these types of announcements.
Palo Alto Networks will replace Dish Networks in the S&P 500 on June 19.
According to the average brokerage recommendation (ABR), one should invest in Palo Alto (PANW). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
The latest investor updates on stocks that are trending on Monday.
Over a half-dozen high-flying stocks have split their shares in recent years. One stands out as a surefire buy in June, while another is priced for perfection in an imperfect industry.
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.