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Added to YB: 2024-10-23

Pitch date: 2024-10-22

PANW [bullish]

Palo Alto Networks, Inc.

+2.63%

current return

Author Info

No bio for this author

Company Info

Palo Alto Networks, Inc. provides cybersecurity solutions the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

Market Cap

$132.5B

Pitch Price

$186.78

Price Target

450.00 (+135%)

Dividend

N/A

EV/EBITDA

85.35

P/E

120.33

EV/Sales

13.47

Sector

Software

Category

growth

Show full summary:
Oppenheimer Raises Palo Alto Networks (PANW) Price Target to $450

PANW: Oppenheimer PT raised to $450. Q1 sales expected in line at $2.10-2.13B (-1.8% YoY). Platformization strategy driving large deals, SASE, Cloud, XSIAM traction. NGS ARR +43% YoY, Subscription Rev +18.2% YoY. Firewall demand weak, limited 2H visibility. Focus on Product Rev, RPO, OM/FCFM.

Read full article (1 min)