Equities Analysts Issue Forecasts for PANW FY2025 Earnings

Palo Alto Networks, Inc. (NASDAQ:PANW) – Analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Palo Alto Networks in a research report issued on Tuesday, January 21st. Cantor Fitzgerald analyst expects that the network technology company will earn $1.74 per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $222.50 price objective on the stock. The consensus estimate for Palo Alto Networks’ current full-year earnings is $1.74 per share.

Several other analysts also recently weighed in on the stock. Westpark Capital restated a “hold” rating on shares of Palo Alto Networks in a research report on Thursday, November 21st. JMP Securities reaffirmed a “market outperform” rating and issued a $208.00 target price on shares of Palo Alto Networks in a report on Tuesday, January 14th. Hsbc Global Res cut Palo Alto Networks from a “hold” rating to a “moderate sell” rating in a report on Friday, November 22nd. KeyCorp raised their target price on shares of Palo Alto Networks from $200.00 to $217.50 and gave the stock an “overweight” rating in a research report on Friday, October 18th. Finally, Morgan Stanley lifted their price target on Palo Alto Networks from $223.00 to $230.00 and gave the company an “overweight” rating in a report on Tuesday. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $200.85.

Palo Alto Networks Trading Up 2.3 %

Shares of PANW stock opened at $187.70 on Thursday. The company has a market cap of $123.17 billion, a P/E ratio of 48.88, a PEG ratio of 5.25 and a beta of 1.14. The firm has a fifty day moving average price of $188.60 and a 200 day moving average price of $178.87. Palo Alto Networks has a 12 month low of $130.04 and a 12 month high of $207.24.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Wednesday, November 20th. The network technology company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. The company had revenue of $2.14 billion for the quarter, compared to analyst estimates of $2.12 billion. Palo Alto Networks had a return on equity of 23.36% and a net margin of 32.99%. Palo Alto Networks’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.32 EPS.

Institutional Investors Weigh In On Palo Alto Networks

A number of large investors have recently added to or reduced their stakes in the stock. Capital Advisors Ltd. LLC lifted its position in shares of Palo Alto Networks by 113.9% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 77 shares of the network technology company’s stock worth $26,000 after purchasing an additional 41 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new stake in shares of Palo Alto Networks in the third quarter worth $29,000. Sound Income Strategies LLC raised its stake in Palo Alto Networks by 352.6% during the 3rd quarter. Sound Income Strategies LLC now owns 86 shares of the network technology company’s stock valued at $29,000 after purchasing an additional 67 shares during the last quarter. Strategic Investment Solutions Inc. IL increased its position in shares of Palo Alto Networks by 177.4% during the third quarter. Strategic Investment Solutions Inc. IL now owns 86 shares of the network technology company’s stock valued at $29,000 after purchasing an additional 55 shares during the period. Finally, True Wealth Design LLC boosted its stake in Palo Alto Networks by 2,933.3% in the 3rd quarter. True Wealth Design LLC now owns 91 shares of the network technology company’s stock valued at $31,000 after buying an additional 88 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Nir Zuk sold 336,000 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $193.70, for a total value of $65,081,520.00. Following the transaction, the executive vice president now owns 3,643,516 shares in the company, valued at $705,730,831.62. The trade was a 8.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Nikesh Arora sold 235,492 shares of Palo Alto Networks stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $183.32, for a total value of $43,170,393.44. Following the sale, the chief executive officer now owns 1,086,404 shares of the company’s stock, valued at approximately $199,159,581.28. This represents a 17.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 867,734 shares of company stock valued at $161,546,523 in the last three months. 2.50% of the stock is currently owned by company 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.