Palo Alto Networks (NASDAQ:PANW - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 6.260-6.390 for the period, compared to the consensus EPS estimate of 6.280. The company issued revenue guidance of $9.1 billion-$9.2 billion, compared to the consensus revenue estimate of $9.1 billion. Palo Alto Networks also updated its FY25 guidance to $6.26-6.39 EPS.
Palo Alto Networks Price Performance
Palo Alto Networks stock traded up $4.55 during trading hours on Wednesday, reaching $392.61. The stock had a trading volume of 4,808,900 shares, compared to its average volume of 3,840,526. The company has a market cap of $127.83 billion, a price-to-earnings ratio of 53.53, a PEG ratio of 5.61 and a beta of 1.12. The business's 50 day moving average price is $361.53 and its 200-day moving average price is $338.02. Palo Alto Networks has a 52 week low of $258.17 and a 52 week high of $408.53.
Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its quarterly earnings data on Wednesday, November 20th. The network technology company reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.08. Palo Alto Networks had a net margin of 32.11% and a return on equity of 26.83%. The firm had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the company posted $0.63 earnings per share. The company's revenue for the quarter was up 13.9% compared to the same quarter last year. On average, sell-side analysts forecast that Palo Alto Networks will post 3.56 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts have commented on the company. Westpark Capital restated a "hold" rating on shares of Palo Alto Networks in a research report on Tuesday, August 20th. KeyCorp upped their price objective on Palo Alto Networks from $400.00 to $435.00 and gave the stock an "overweight" rating in a research report on Friday, October 18th. JMP Securities restated a "market outperform" rating and issued a $380.00 price objective on shares of Palo Alto Networks in a research report on Monday, November 4th. OTR Global restated a "negative" rating on shares of Palo Alto Networks in a research report on Thursday, November 7th. Finally, DA Davidson increased their target price on Palo Alto Networks from $380.00 to $415.00 and gave the company a "buy" rating in a research report on Tuesday, August 20th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of "Moderate Buy" and an average price target of $391.92.
Get Our Latest Stock Analysis on Palo Alto Networks
Insider Buying and Selling at Palo Alto Networks
In other Palo Alto Networks news, CEO Nikesh Arora sold 81,586 shares of the stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $367.99, for a total transaction of $30,022,832.14. Following the transaction, the chief executive officer now owns 618,715 shares of the company's stock, valued at $227,680,932.85. This trade represents a 11.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Nir Zuk sold 36,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $332.50, for a total transaction of $11,970,000.00. Following the transaction, the executive vice president now directly owns 1,115,567 shares in the company, valued at approximately $370,926,027.50. This represents a 3.13 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 254,252 shares of company stock valued at $89,041,637. Corporate insiders own 2.50% of the company's stock.
Palo Alto Networks Company Profile
(
Get Free Report)
Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Palo Alto Networks, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Palo Alto Networks wasn't on the list.
While Palo Alto Networks currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.