It is projected by analysts that the ‘Billings’ will reach $2.06 billion. Compared to the present estimate, the company reported $1.75 billion in the same quarter last year. The consensus 12-month PANW stock price target was $576.52 a share, representing a 12% upside potential based on the closing price of 512.5, as of 14 December 2021. The stock projection varied from the low of $350 to the high of $675. Looking forward into 2022 and beyond, analysts shared different PANW stock price targets. Its main business is in manufacturing and marketing networking equipment.
Additionally, the company’s ROE is higher compared to the industry average of 9.6% which is quite remarkable. So, the substantial 23% net income growth seen by Palo Alto Networks over the past five years isn’t overly surprising. Enter your email address below to receive the latest news and analysts’ ratings for Palo Alto Networks and its competitors with MarketBeat’s FREE daily newsletter. The consensus estimate for ‘Revenue- Subscription and support- Subscription’ stands at $957.29 million. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential. Of the 38 recommendations deriving the current ABR, 30 are Strong Buy and three are Buy.
- Palo Alto Networks and Salesforce have been strong and will likely remain so into yearend and the first quarter.
- There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
- This looks like a small price to pay for one of the most supercharged AI stocks available.
- In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company’s shareholders.
Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.
Should I buy or sell PANW stock?
They perceived cyberattacks as an equal risk to geopolitical conflicts, potentially even more damaging than climate change. Price return decomposition is a method of analyzing the factors that contribute to the changes in the market capitalization of a company. This content is created using advanced artificial intelligence technology. While we strive for accuracy, this text should be used as a supplementary resource and not as a sole basis for decision-making. Always consider consulting additional sources for comprehensive financial analysis.
- In addition to its NGFW product line, Palo Alto Networks offers a range of cloud-based security solutions.
- As an investor, you want to buy stocks with the highest probability of success.
- This is coupled with ample cash and cash equivalents available for use.
- PANW said in a filing Friday said that its board has approved the repurchase of up to an extra $316.7 million of the company’s stock.
The latest industry analyst forecasts show that the company is expected to maintain its current growth rate. To know more about the company’s future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Hitting public markets through an IPO in 2012, Palo Alto Networks offers software-based cybersecurity solutions to enterprises. This opportunity https://broker-review.org/ is growing fast because of the rise of digitization as more companies bring their data storage and workloads online. Palo Alto was quick to implement AI-related tech into its software to autonomously detect system problems and improve response times to cyber threats for its clients. In an uncertain environment, Palo Alto Networks kicked off a three-year plan with a robust fiscal Q1.
It’s important to reach your own conclusion on a company’s prospects and the likelihood of achieving analysts’ targets. The company also raised its outlook for fiscal year 2022, with expectations of total revenue in the range of $5.35bn to $5.40bn and total billings in the range of $6.675bn to $6.725bn. The cybersecurity industry is rapidly growing in importance as cyberthreats become https://forexbroker-listing.com/ more sophisticated. Many bad actors are even using advanced technologies like artificial intelligence (AI) to stage attacks, which calls for new levels of protection. The change in revenue and net margin are two other factors that can impact a company’s market cap. Stock intrinsic value is the real worth of a company’s stock, based on its financial health and performance.
Will Palo Alto Networks stock price
Its Storyline technology autonomously tracks and contextualizes event data for managers, complete with actionable insights they can use to improve their security posture. Additionally, its innovative Singularity Hologram tool can be deployed inside a network to trick malicious actors into revealing themselves by luring them into attacking a false target. Consulting firm PwC surveyed 4,410 leading CEOs earlier this year. A stunning 25% of respondents felt their company would be ‘highly’ or ‘extremely’ exposed to cyberthreats over the next five years.
The ‘return’ is the amount earned after tax over the last twelve months. One way to conceptualize this is that for each $1 of shareholders’ capital it has, the company made $0.28 in profit. The collective assessment of analysts points to an estimated ‘Revenue- Subscription and support- Support’ of $554.80 million. The estimate points to a change of +18.2% from the year-ago quarter.
PANW Analyst Ratings By Month
Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia and Palo Alto Networks. Anthony Di Pizio has no position in any of the stocks mentioned.
A Side By Side comparison of Palo Alto Networks’ Earnings Growth And 28% ROE
Revenue increased by 20%, billings by 16%, and a remarkable Remaining Performance Obligations (RPO) growth of 26% which surpassed both revenue and billings. A non-GAAP operating margin expansion of 760 basis points led to $1.38 non-GAAP EPS, and record free cash flow of $1.5 billion was achieved. The company embarked on innovations across all platforms, focusing on Zero Trust, SASE, and AI, aligning with diverse customer needs.
Earlier this year, SentinelOne launched Purple AI, an AI-powered chatbot designed to integrate with its entire platform. It decreases alert fatigue, which means reducing the number of incidents left uninvestigated. Purple AI is capable of putting together comprehensive incident reports for managers to save them hours they’d otherwise spend manually digging into the root cause.
Broker Rating
Palo Alto Networks stock has climbed around 45% on a year-to-date basis, given the work-from-home trend and concerns over cybersecurity. Move your mouse over a quarter or year to see how estimates have changed over time. Palo Alto Networks’ stock is owned https://forex-reviews.org/ by a variety of institutional and retail investors. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. All market data (will open in new tab) is provided by Barchart Solutions.
The adjusted free cash flow margin was in the range of 32% to 33% in the quarter ended October 31, 2021. According to Arora, the stock’s inclusion in the Nasdaq-100 affirms the company’s “transformation into the cybersecurity partner of choice for organisations worldwide”. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.