Palo Alto Networks (NASDAQ:PANW – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 6.260-6.390 for the period, compared to the consensus earnings per share 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 Trading Up 1.2 %
Shares of PANW opened at $397.41 on Friday. Palo Alto Networks has a twelve month low of $260.09 and a twelve month high of $408.53. The firm has a market capitalization of $129.40 billion, a P/E ratio of 54.82, a PEG ratio of 5.63 and a beta of 1.12. The firm’s 50-day moving average is $363.59 and its two-hundred day moving average is $338.82.
Palo Alto Networks shares are going to split before the market opens on Monday, December 16th. The 2-1 split was announced on Wednesday, November 20th. The newly created shares will be issued to shareholders after the closing bell on Friday, December 13th.
Analysts Set New Price Targets
Several analysts have issued reports on PANW shares. Truist Financial upped their price target on shares of Palo Alto Networks from $400.00 to $425.00 and gave the company a “buy” rating in a report on Monday. OTR Global reaffirmed a “negative” rating on shares of Palo Alto Networks in a research note on Thursday, November 7th. TD Cowen raised their price target on Palo Alto Networks from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Thursday. Sanford C. Bernstein upped their price objective on Palo Alto Networks from $364.00 to $399.00 and gave the company an “outperform” rating in a research report on Tuesday, August 20th. Finally, Westpark Capital reiterated a “hold” rating on shares of Palo Alto Networks in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $401.78.
View Our Latest Research Report on Palo Alto Networks
Insiders Place Their Bets
In other Palo Alto Networks news, Director Mary Pat Mccarthy sold 10,000 shares of the stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $348.49, for a total transaction of $3,484,900.00. Following the transaction, the director now directly owns 31,517 shares in the company, valued at $10,983,359.33. This represents a 24.09 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Nikesh Arora sold 66,666 shares of the business’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $342.98, for a total transaction of $22,865,104.68. Following the completion of the sale, the chief executive officer now directly owns 639,994 shares of the company’s stock, valued at $219,505,142.12. The trade was a 9.43 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 254,252 shares of company stock worth $89,041,637 in the last quarter. 2.50% of the stock is owned by corporate insiders.
Palo Alto Networks Company Profile
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.
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