Palo Alto Networks (NASDAQ:PANW) Updates FY25 Earnings Guidance

Palo Alto Networks (NASDAQ:PANW) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $6.26-6.39 for the period, compared to the consensus EPS estimate of $6.28. The company issued revenue guidance of $9.12-9.17 billion, compared to the consensus revenue estimate of $9.13 billion. Palo Alto Networks also updated its Q2 guidance to $1.54-1.56 EPS.

Analyst Ratings Changes

A number of equities research analysts have issued reports on PANW shares. JPMorgan Chase & Co. upped their price objective on shares of Palo Alto Networks from $387.00 to $449.00 and gave the stock an “overweight” rating in a research report on Monday. Barclays increased their target price on shares of Palo Alto Networks from $410.00 to $425.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Scotiabank raised their target price on shares of Palo Alto Networks from $385.00 to $400.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, August 20th. Bank of America lifted their price target on shares of Palo Alto Networks from $370.00 to $400.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. Finally, Royal Bank of Canada raised their price objective on shares of Palo Alto Networks from $390.00 to $410.00 and gave the company an “outperform” rating in a research note on Tuesday, August 20th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $391.92.

Palo Alto Networks Stock Performance

PANW traded up $4.83 during midday trading on Wednesday, reaching $392.89. The company had a trading volume of 5,069,620 shares, compared to its average volume of 3,835,207. The stock has a market cap of $127.92 billion, a PE ratio of 53.53, a P/E/G ratio of 5.61 and a beta of 1.12. The business has a 50-day moving average price of $361.53 and a two-hundred day moving average price of $338.02. Palo Alto Networks has a 12-month low of $258.17 and a 12-month high of $408.53.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Wednesday, November 20th. The network technology company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.48 by $0.08. The firm had revenue of $2.14 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Palo Alto Networks had a net margin of 32.11% and a return on equity of 26.83%. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period last year, the company posted $0.63 EPS. On average, research analysts anticipate that Palo Alto Networks will post 3.56 earnings per share for the current year.

Insider Activity at Palo Alto Networks

In other news, CEO Nikesh Arora sold 81,586 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $227,680,932.85. The trade was a 11.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 completion of the transaction, the executive vice president now directly owns 159,009 shares of the company’s stock, valued at $54,854,924.82. The trade was a 27.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 254,252 shares of company stock valued at $89,041,637. 2.50% of the stock is owned by corporate insiders.

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.