Here's What We Know About Palo Alto Networks Stock

Large-cap Technology company Palo Alto Networks has logged a 2.4% change today on a trading volume of 4,299,108. The average volume for the stock is 3,936,236.

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. Based in Santa Clara, United States the company has 14,182 full time employees and a market cap of $101,371,633,664.

The company is now trading 7.26% away from its average analyst target price of $286.85 per share. The 41 analysts following the stock have set target prices ranging from $190.0 to $350.0, and on average give Palo Alto Networks a rating of buy.

Over the last 52 weeks, PANW stock has risen 99.0%, which amounts to a 76.5% difference compared to the S&P 500. The stock's 52 week high is $318.0 whereas its 52 week low is $132.22 per share. Based on Palo Alto Networks's average net margin growth of 14.7% over the last 4 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 6,892,700 439,700 6 220.0
2022 5,501,500 -267,000 -5 58.33
2021 4,256,100 -498,900 -12 -50.0
2020 3,408,400 -267,000 -8 -166.67
2019 2,899,600 -81,900 -3 40.0
2018 2,273,100 -122,200 -5
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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