Palo Alto Networks Stock News

Palo Alto Networks Inc (NASDAQ:PANW) stock is surging today, up 7.5% at $368.95 at last glance, after the cybersecurity name's fiscal fourth-quarter results beat estimates.

Palo Alto Networks Inc. (NASDAQ: PANW) delivered impressive Q4 2024 earnings, surpassing Wall Street's expectations, which led to a flurry of analyst activity. On Monday, the company reported earnings per share of $1.51, exceeding the consensus estimate by $0.10.

Most of the stock market had thought of the technology sector as a place to be in the past, and that is just not the case today, as names like Palo Alto Networks Inc. NASDAQ: PANW show strengthening financial and price momentum as the company's latest quarterly earnings results are released to the public. While it may not be as attractive a name as some of the previous darlings in the semicondu...

The cybersecurity giant is up 20% this year and looks to be gathering momentum.

Palo Alto Networks delivered a robust earnings release, downplaying fears of a growth slowdown. PANW's platformization drive has reaped reignited momentum, as the worst is likely over. Palo Alto Networks is well-positioned to gain more share in the XDR market, capitalizing on CrowdStrike's recent struggles.

Shares in Palo Alto Networks (PANW) rose in premarket trading Tuesday after the cybersecurity provider released quarterly results that surpassed expectations and issued an outlook at the high end of Wall Street forecasts, as customers embraced its offerings amid growing cyber threats.

Despite a beat on headline metrics, Palo Alto Networks Inc.'s latest earnings didn't quite settle a major investor debate around its stock.

One of Nancy Pelosi's favorite holdings, Palo Alto Network (NASDAQ: PANW), recently unveiled its Q4 earnings report on August 20, posting beat on expectations.