NYSE:PANW
399.46
1.95
(0.49%)
Palo Alto Networks, Inc. is a network and enterprise security company based in Santa Clara, California.
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Analysis and Opinions about PANW-N
Signal
Opinion
Expert
Chart
BUY
BUY
Cybersecurity stocks--despite several recent major hacks--have gone nowhere, because of their high valuations by any metric. In mid-April they topped and sold off, but are back to their April highs, including Palo Alto and Zscaler. The bigger picture is that what happens if cybercriminals go after the banks or exchanges? Yes, these stocks are expensive, but you want to buy them, such as Palo and Zscaler. Cyber attacks aren't going away, but will get worse.
BUY
BUY
May 14, 2021
They report Thursday and he expects great numbers. Palo Alto benefits as a cybersecurity stock right after the east coast oil supply was shut down after a major hack.
Show full opinionHide full opinion
They report Thursday and he expects great numbers. Palo Alto benefits as a cybersecurity stock right after the east coast oil supply was shut down after a major hack.
TOP PICK
TOP PICK
May 6, 2021
Poster child for network security providers. They change as the market changes. 12-month price target of $447. Buy half a position now around $340, and another half at 320. No dividend. (Analysts’ price target is $448.34)
Show full opinionHide full opinionPoster child for network security providers. They change as the market changes. 12-month price target of $447. Buy half a position now around $340, and another half at 320. No dividend. (Analysts’ price target is $448.34)
TOP PICK
TOP PICK
April 22, 2021
Stockchase Research Editor: Michael O'Reilly PANW is well positioned for the unfortunate need for higher cybersecurity in the world. PANW offers customers firewall, cloud, and analytics security. Amazon AWS and Microsoft Azure are some of its biggest clients. Recent earnings showed a 25% increase in revenues and management expects another year over 20% again. Cash reserves have grown to be estimated over $2.9 billion. We would buy this with a stop loss at $300, looking to achieve $450 -- upside over 25%. Yield 0% (Analysts’ price target is $447.35)
Stockchase Research Editor: Michael O'Reilly PANW is well positioned for the unfortunate need for higher cybersecurity in the world. PANW offers customers firewall, cloud, and analytics security. Amazon AWS and Microsoft Azure are some of its biggest clients. Recent earnings showed a 25% increase in revenues and management expects another year over 20% again. Cash reserves have grown to be estimated over $2.9 billion. We would buy this with a stop loss at $300, looking to achieve $450 -- upside over 25%. Yield 0% (Analysts’ price target is $447.35)
BUY WEAKNESS
BUY WEAKNESS
February 22, 2021
The best cybersecurity play. It's tripled into the last 11 months, but was hammered in today's reopening rally and drubbing of tech stocks. Their last report beat the street, but their forecast merely met expectations, but this is priced for perfection. Expect volatility during the current rotation to reopening stocks.
Show full opinionHide full opinionThe best cybersecurity play. It's tripled into the last 11 months, but was hammered in today's reopening rally and drubbing of tech stocks. Their last report beat the street, but their forecast merely met expectations, but this is priced for perfection. Expect volatility during the current rotation to reopening stocks.
COMMENT
COMMENT
November 24, 2020
Crowdstrike is in security business, endpoint protection. New module expands its total addressable market. A favourite of Gartner Research, calling it a "visionary vendor" second only to MSFT. Trading at a bit of a discount. May be able to buy in low $120s. Price target of $160.30. Don't buy and hold; you must monitor it closely. Also likes PANW and CYBR, with PANW being a long-term hold.
Crowdstrike is in security business, endpoint protection. New module expands its total addressable market. A favourite of Gartner Research, calling it a "visionary vendor" second only to MSFT. Trading at a bit of a discount. May be able to buy in low $120s. Price target of $160.30. Don't buy and hold; you must monitor it closely. Also likes PANW and CYBR, with PANW being a long-term hold.
BUY
BUY
November 16, 2020
He's long liked this. Just delivered a big top and bottom line beat and boosted their forecast. A terrific quarter. Also, PANW wasn't overheated like other tech stocks. It's hitting new highs.
Show full opinionHide full opinionHe's long liked this. Just delivered a big top and bottom line beat and boosted their forecast. A terrific quarter. Also, PANW wasn't overheated like other tech stocks. It's hitting new highs.
STRONG BUY
STRONG BUY
September 18, 2020
The CEO has vision and the company has gotten big into cloud computing and acquisitions (https://finance.yahoo.com/news/palo-alto-networks-completes-acquisition-200500673.html). He'd make this a 5% position.
Show full opinionHide full opinionThe CEO has vision and the company has gotten big into cloud computing and acquisitions (https://finance.yahoo.com/news/palo-alto-networks-completes-acquisition-200500673.html). He'd make this a 5% position.
PAST TOP PICK
PAST TOP PICK
September 3, 2020
(A Top Pick Aug 06/20, Down 5.29%)Stockchase Research Editor: Michael O'Reilly We are following recommending to cover any holding in PANW as we have breached the $250 stop-loss threshold we set. Market conditions are changing and we are choosing to remain disciplined and seek opportunities elsewhere.
Show full opinionHide full opinion(A Top Pick Aug 06/20, Down 5.29%)Stockchase Research Editor: Michael O'Reilly We are following recommending to cover any holding in PANW as we have breached the $250 stop-loss threshold we set. Market conditions are changing and we are choosing to remain disciplined and seek opportunities elsewhere.
TOP PICK
TOP PICK
August 6, 2020
Stockchase Research Editor: Michael O'Reilly PANW is well positioned as a leader in cyber-security and the trend towards work-from-home is adding more reason to see additional follow through. An analyst at BTIG just upgraded their view on the stock to a target of $313 -- upside of over 18% -- on the back of growing success in federal contract deals. This is after Q3 earnings showed a 35% increase in EPS and sales increasing by over 35% for the past five consecutive years. The stock just broke out of key resistance at $250, which creates good upward momentum. We would trade this using the $250 level as key support. Yield 0%
Show full opinionHide full opinionStockchase Research Editor: Michael O'Reilly PANW is well positioned as a leader in cyber-security and the trend towards work-from-home is adding more reason to see additional follow through. An analyst at BTIG just upgraded their view on the stock to a target of $313 -- upside of over 18% -- on the back of growing success in federal contract deals. This is after Q3 earnings showed a 35% increase in EPS and sales increasing by over 35% for the past five consecutive years. The stock just broke out of key resistance at $250, which creates good upward momentum. We would trade this using the $250 level as key support. Yield 0%
PAST TOP PICK
PAST TOP PICK
July 15, 2020
(A Top Pick Jul 22/19, Up 10%) It is the largest network cyber-security player. It may not be as nimble as some others. His price target is $260, so he will continue to hold it.
Show full opinionHide full opinion(A Top Pick Jul 22/19, Up 10%) It is the largest network cyber-security player. It may not be as nimble as some others. His price target is $260, so he will continue to hold it.
COMMENT
COMMENT
November 13, 2019
Software security space? PANW or CYBR would be his picks. Although CYBR stock prices just spiked on recent earnings, so he would wait for a pullback on that one.
Show full opinionHide full opinionSoftware security space? PANW or CYBR would be his picks. Although CYBR stock prices just spiked on recent earnings, so he would wait for a pullback on that one.
TOP PICK
TOP PICK
July 22, 2019
He's been in and out of this for five years. They dominate the cybersecurity space. True, their 40x PE is high, but their peers are even higher. PAWN is fairly valued. Earlier this year they struggled as they transitioned from licenses to subscriptions, but they will snap back. (Analysts’ price target is $269.44)
Show full opinionHide full opinionHe's been in and out of this for five years. They dominate the cybersecurity space. True, their 40x PE is high, but their peers are even higher. PAWN is fairly valued. Earlier this year they struggled as they transitioned from licenses to subscriptions, but they will snap back. (Analysts’ price target is $269.44)
HOLD
HOLD
October 10, 2018
He loves the cyber-security theme. Earnings growth is projected in the 20-25% range. A high-quality name in the space, but trading at 20-40 times earnings. Be cautious.
He loves the cyber-security theme. Earnings growth is projected in the 20-25% range. A high-quality name in the space, but trading at 20-40 times earnings. Be cautious.
BUY
BUY
January 25, 2018
Cyberspace sector? This is a long-term growth area, because Cyber Security is not going to get better, it is just going to get worse. This is a name that is very pure in this particular space. Trades at about 44X earnings on a forward basis with a 23% long-term growth rate. Not really cheap, but you are paying about 1.9X PEG in an area that is very, very important.
Cyberspace sector? This is a long-term growth area, because Cyber Security is not going to get better, it is just going to get worse. This is a name that is very pure in this particular space. Trades at about 44X earnings on a forward basis with a 23% long-term growth rate. Not really cheap, but you are paying about 1.9X PEG in an area that is very, very important.
Palo Alto Networks(PANW-N) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 7
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 7
Palo Alto Networks(PANW-N) Frequently Asked Questions
What is Palo Alto Networks stock symbol?
Palo Alto Networks is a American stock, trading under the symbol PANW-N on the New York Stock Exchange (PANW). It is usually referred to as NYSE:PANW or PANW-N
Is Palo Alto Networks a buy or a sell?
In the last year, 7 stock analysts published opinions about PANW-N. 7 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Palo Alto Networks.
Is Palo Alto Networks a good investment or a top pick?
Palo Alto Networks was recommended as a Top Pick by Guy Adami on 2021-06-02. Read the latest stock experts ratings for Palo Alto Networks.
Why is Palo Alto Networks stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Palo Alto Networks worth watching?
7 stock analysts on Stockchase covered Palo Alto Networks In the last year. It is a trending stock that is worth watching.
What is Palo Alto Networks stock price?
On 2021-07-28, Palo Alto Networks (PANW-N) stock closed at a price of $399.46.
Cybersecurity stocks--despite several recent major hacks--have gone nowhere, because of their high valuations by any metric. In mid-April they topped and sold off, but are back to their April highs, including Palo Alto and Zscaler. The bigger picture is that what happens if cybercriminals go after the banks or exchanges? Yes, these stocks are expensive, but you want to buy them, such as Palo and Zscaler. Cyber attacks aren't going away, but will get worse.