Trending stocks today
Palo Alto Networks (PANW-N)
NYSE:PANW
398.33
8.57
(2.20%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Related posts
Canadian inflation falls, but TSX fadesMarkets end week higher on soft inflationStocks climb, reducing weekly lossesThis summary was created by AI, based on 40 opinions in the last 12 months.
Experts provided a mix of positive and cautious views on Palo Alto Networks, highlighting its strong growth potential, leadership in the cybersecurity industry, high valuation, and the importance of the cybersecurity sector in the current market. They also discussed the stock's price movements, past performance, and its positioning in the market in comparison to its competitors.
$393.850
Unknown
This sector has good secular growth, lots of cybersecurity issues, governments are investing a lot. Has done very well.
It's grown into an extreme valuation of 135x EBITDA. You hardly see that in the market.
Look for the continued move away from hardware to software and the cloud. Also, they must beat revenue to accelerate the strong momentum of the past 8 weeks. It's overbought this year, but it can grow into an extreme valuation in coming years. Owning this means accepting volatility. Don't be surprised with a pullback.
It makes sense in terms of global unrest and cybersecurity concerns.
Gets the nod as the general store of cybersecurity.
Took profits. A tactical move to raise a bit of cash for September/October.
Was down 5% last week, but popped today with the rest of the market. Still, wait on this.
Runway is OK. His 12-month price target is $384, so about another $30-35 to get there. Beneficiary of the CRWD fiasco. Like the general store for cybersecurity for large-, medium-, and small-caps. Caters to everyone.
After the bell, they reported top and bottom line beats with positive guidance.
Was upgraded today. They report next week and he wants to hear what they say about spending; we don't need to hear spending fatigue again.
Really great run till beginning of this year, sideways since then. Double top around $350, tested pretty significant resistance, started to roll down.
Support around $275-300. $300 is a big round number; often if you see those get breached it can have a significant impact on investor psychology. People also use big round numbers for stop losses, triggering selling. So keep an eye on that.
The potential to sell CRWD and buy its peers is huge. CRWD is expensive at 78x forward PE. He owns PANW instead trades at 58x.
Is up 21% in Q2. Defense companies are spending more on cybersecurity, which benefits this.
Palo Alto Networks(PANW-N) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 25
Neutral - Hold Signals / Votes : 3
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 31
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, 31 stock analysts published opinions about PANW-N. 25 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?
31 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 2024-12-11, Palo Alto Networks (PANW-N) stock closed at a price of $398.33.
Our PAST TOP PICK with PANW is progressing well. To remain disciplined, we recommend trailing up the stop (from $315) to $352 at this time.