Palo Alto Networks Stock News

PANW's fiscal report beat expectations, but paying 29x forward free cash flow for mid-teen growth rates is too high. Upgraded sell rating to hold, but believe there are better opportunities in the cybersecurity sector. SentinelOne's faster growth and better valuation make it a more compelling investment compared to Palo Alto Networks.

Nach einigen Enttäuschungen konnte Palo Alto Networks mit den Q4-Zahlen und dem Ausblick wieder für erfreuliche Nachrichten sorgen.

Marktteilnehmer wollen von einer Rezession in den USA plötzlich nichts mehr wissen. Die Erholungsrallye an Wall Street und Nasdaq hilft auch dem DAX.

Palo Alto Networks, Inc. (NASDAQ:PANW ) Q4 2024 Results Conference Call August 19, 2024 4:30 PM ET Company Participants Walter Pritchard - Senior Vice President, Investor Relations & Corporate Development Nikesh Arora - Chairman & Chief Executive Officer Dipak Golechha - Chief Financial Officer Lee Klarich - Chief Product Officer Conference Call Participants Saket Kalia - Barclays Hamza Fodderw...

After Palo Alto Networks reported an earnings beat on Monday, CEO Nikesh Arora told CNBC's Jim Cramer about his company's "platformization" strategy, saying it's important for the cybersecurity outfit's long-term success. "Platformization" is essentially a bundling of the company's products and services.

Palo Alto Networks forecast fiscal 2025 revenue and profit above Wall Street estimates on Monday, a sign of growing demand for its cybersecurity products as the digital threat landscape evolves.

Palo Alto stock rose on fiscal Q4 earnings and revenue that topped Wall Street targets while guidance came in above expectations.

Palo Alto Networks (PANW) reported better-than-expected earnings for the fourth quarter of fiscal 2024, as CEO Nikesh Arora highlighted the company's "strong execution" of its platformization strategy.