Equities Analysts Issue Forecasts for PANW FY2025 Earnings

Palo Alto Networks, Inc. (NASDAQ:PANW) – Equities researchers at DA Davidson increased their FY2025 earnings per share (EPS) estimates for Palo Alto Networks in a research report issued on Thursday, November 21st. DA Davidson analyst R. Kessinger now expects that the network technology company will post earnings per share of $3.62 for the year, up from their prior forecast of $3.55. DA Davidson has a “Buy” rating and a $415.00 price objective on the stock. The consensus estimate for Palo Alto Networks’ current full-year earnings is $3.57 per share.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Wednesday, November 20th. The network technology company reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.08. The firm had revenue of $2.14 billion for 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 quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.63 earnings per share.

Several other brokerages also recently commented on PANW. Wells Fargo & Company lifted their target price on shares of Palo Alto Networks from $416.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday. KeyCorp boosted their price target on Palo Alto Networks from $400.00 to $435.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Barclays increased their price objective on Palo Alto Networks from $410.00 to $425.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. The Goldman Sachs Group raised their price target on shares of Palo Alto Networks from $376.00 to $425.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th. Finally, TD Cowen increased their target price on shares of Palo Alto Networks from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $402.03.

Palo Alto Networks Stock Down 3.6 %

PANW opened at $383.36 on Friday. The stock has a market cap of $124.82 billion, a price-to-earnings ratio of 49.92, a PEG ratio of 5.76 and a beta of 1.12. Palo Alto Networks has a 12-month low of $260.09 and a 12-month high of $408.53. The business has a 50 day moving average of $364.32 and a 200-day moving average of $339.63.

Palo Alto Networks’s stock is going to split on Monday, December 16th. The 2-1 split was announced on Wednesday, November 20th. The newly issued shares will be payable to shareholders after the market closes on Friday, December 13th.

Insiders Place Their Bets

In other news, EVP Lee Klarich sold 60,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $344.98, for a total value of $20,698,800.00. Following the transaction, the executive vice president now owns 159,009 shares in the company, valued at approximately $54,854,924.82. The trade was a 27.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Nikesh Arora sold 81,586 shares of the stock in a transaction on Thursday, October 10th. The stock was sold at an average price of $367.99, for a total transaction of $30,022,832.14. Following the sale, the chief executive officer now owns 618,715 shares of the company’s stock, valued at approximately $227,680,932.85. This trade represents a 11.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 254,252 shares of company stock valued at $89,041,637 in the last ninety days. 2.50% of the stock is currently owned by insiders.

Institutional Trading of Palo Alto Networks

A number of institutional investors have recently bought and sold shares of PANW. 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 valued at $26,000 after acquiring an additional 41 shares during the period. Itau Unibanco Holding S.A. acquired a new position in shares of Palo Alto Networks during the third quarter valued at about $29,000. Sound Income Strategies LLC grew its stake in shares of Palo Alto Networks by 352.6% in the 3rd quarter. Sound Income Strategies LLC now owns 86 shares of the network technology company’s stock valued at $29,000 after buying an additional 67 shares during the period. Strategic Investment Solutions Inc. IL increased its position in Palo Alto Networks by 177.4% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 86 shares of the network technology company’s stock valued at $29,000 after buying an additional 55 shares in the last quarter. Finally, Pathway Financial Advisers LLC acquired a new position in Palo Alto Networks during the 1st quarter worth approximately $25,000. Institutional investors own 79.82% of the company’s stock.

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.