DA Davidson Has Bearish Estimate for PANW FY2025 Earnings

Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) - Equities research analysts at DA Davidson decreased their FY2025 EPS estimates for shares of Palo Alto Networks in a research note issued on Tuesday, December 17th. DA Davidson analyst R. Kessinger now expects that the network technology company will earn $1.74 per share for the year, down from their previous estimate of $1.75. The consensus estimate for Palo Alto Networks' current full-year earnings is $3.49 per share.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its quarterly earnings data on Wednesday, November 20th. The network technology company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.04. The company had revenue of $2.14 billion during the quarter, compared to analyst estimates of $2.12 billion. Palo Alto Networks had a net margin of 32.99% and a return on equity of 23.36%. The company's revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the business posted $0.32 earnings per share.

Several other research analysts also recently issued reports on the stock. BMO Capital Markets upped their price target on shares of Palo Alto Networks from $195.00 to $212.50 and gave the stock an "outperform" rating in a research report on Thursday, November 21st. JMP Securities increased their price target on shares of Palo Alto Networks from $190.00 to $207.50 and gave the company a "market outperform" rating in a research note on Thursday, November 21st. JPMorgan Chase & Co. increased their price objective on Palo Alto Networks from $193.50 to $224.50 and gave the company an "overweight" rating in a research report on Monday, November 18th. Barclays dropped their target price on Palo Alto Networks from $425.00 to $213.00 and set an "overweight" rating for the company in a research report on Tuesday. Finally, Bank of America raised their price target on Palo Alto Networks from $200.00 to $215.00 and gave the company a "neutral" rating in a report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, nine have given a hold rating, thirty-two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Palo Alto Networks currently has an average rating of "Moderate Buy" and a consensus price target of $201.40.

Palo Alto Networks Stock Down 1.4 %

PANW stock traded down $2.58 during midday trading on Friday, reaching $186.78. 13,331,253 shares of the company's stock traded hands, compared to its average volume of 7,566,424. The company has a market cap of $122.57 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 5.75 and a beta of 1.12. The company has a 50-day simple moving average of $191.89 and a two-hundred day simple moving average of $175.58. Palo Alto Networks has a 1-year low of $130.04 and a 1-year high of $207.24.

Insiders Place Their Bets

In other Palo Alto Networks news, CEO Nikesh Arora sold 163,172 shares of the business's stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $184.00, for a total transaction of $30,022,832.14. Following the transaction, the chief executive officer now owns 1,237,430 shares of the company's stock, valued at $227,680,932.85. The trade was a 11.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Nir Zuk sold 72,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $166.25, for a total value of $11,970,000.00. Following the completion of the sale, the executive vice president now directly owns 2,231,134 shares of the company's stock, valued at approximately $370,926,027.50. The trade was a 3.13 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 571,172 shares of company stock valued at $107,074,352 in the last three months. 2.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Palo Alto Networks

A number of institutional investors and hedge funds have recently modified their holdings of PANW. Geode Capital Management LLC increased its position in Palo Alto Networks by 3.0% during the third quarter. Geode Capital Management LLC now owns 7,656,968 shares of the network technology company's stock worth $2,609,486,000 after buying an additional 220,900 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of Palo Alto Networks by 34,318.2% during the 3rd quarter. International Assets Investment Management LLC now owns 3,259,063 shares of the network technology company's stock worth $1,113,948,000 after acquiring an additional 3,249,594 shares during the last quarter. Legal & General Group Plc raised its stake in Palo Alto Networks by 8.5% in the 2nd quarter. Legal & General Group Plc now owns 3,243,457 shares of the network technology company's stock valued at $1,099,564,000 after acquiring an additional 255,060 shares during the period. Jennison Associates LLC lifted its holdings in Palo Alto Networks by 50.1% during the 3rd quarter. Jennison Associates LLC now owns 3,147,215 shares of the network technology company's stock valued at $1,075,718,000 after purchasing an additional 1,050,173 shares during the last quarter. Finally, Canada Pension Plan Investment Board boosted its position in Palo Alto Networks by 5.4% during the second quarter. Canada Pension Plan Investment Board now owns 2,233,918 shares of the network technology company's stock worth $757,321,000 after purchasing an additional 114,742 shares during the period. 79.82% of the stock is owned by institutional investors.

About Palo Alto Networks

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.