Palo Alto Networks Stock News

Palo Alto delivered an in-line revenue while beating profitability in the quarter. FY4Q24 results exceeded expectations, with revenue growth, adjusted EPS, and NGS ARR showing positive signs. Management reiterated their goal to achieve NGS ARR of $15 billion by FY2030, and that FY2025 NGS ARR is expected to grow 28%.

Artificial intelligence (AI) is being harnessed by malicious actors to mount sophisticated attacks on businesses. Palo Alto Networks is one of the world's largest providers of cybersecurity software, and it's using AI to deliver advanced protection.

Palo Alto Networks reported its 4Q24 earnings, in my opinion, positioning itself for outperformance in the cybersecurity market into 2025. Palo Alto's commentary and outlook lead me to believe the company has more upside surprises in terms of ARR growth from its platformization progress. Management is guiding for revenue in the range of $2.10 billion to $2.13 billion next quarter, a 12% to 13% ...

Palo Alto Networks' latest earnings report topped analysts' expectations. But it expects its slowdown to continue in fiscal 2025.

Palo Alto Networks' latest earnings report exceeded expectations. The stock's valuation may be a concern for some investors.

Palo Alto stock has rallied back to where it was before it sank after management lowered guidance and changed strategies earlier this year. The company's platformization strategy is showing early signs of success.

SANTA CLARA, Calif. , Aug. 23, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today that members of its management team will be presenting at the following financial community events: Citi 2024 Global TMT Conference Wednesday, September 4, 2024 9:10 a.m.

The cybersecurity company reported excellent quarterly financial results that sent the stock higher.