Quote Overview

Stock Activity

Open	290.14
Day Low	287.43
Day High	294.13
52 Wk Low	176.30
52 Wk High	380.84
Avg. Volume	3,487,617
Market Cap	93.31 B
Dividend	NA
Beta	1.19

Key Earnings Data

Earnings ESP	0.00%
Most Accurate Est	1.26
Current Qtr Est	1.26
Current Yr Est	5.49
Exp Earnings Date	5/28/24
Prior Year EPS	4.44
Exp EPS Growth (3-5yr) 26.53%
Forward PE	52.56
PEG Ratio	1.98

Computer and Technology » Internet - Software

Research Reports for PANW

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Style Scores F Value B Growth B Momentum C VGM
Zacks Rank	Hold 3
Zacks Industry Rank	Top 25%(62 out of 252)
Zacks Sector Rank	Top 38% (6 out of 16)
Earnings ESP	0.00%
Research Reports for PANW Analyst \| Snapshot

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Top Peers	Symbol	Zacks Rank
Palo Alto Networks	PANW
Audioeye	AEYE
Diebold Nixdorf, Incorporated	DBD
Docebo	DCBO
Pinterest	PINS
SEMrush	SEMR
TEMENOS GROUP	TMNSF

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Zacks News for PANW

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Company Summary

Santa Clara, CA-based Palo Alto Networks, Inc. offers network security solutions to enterprises, service providers and government entities worldwide.

The company's next generation firewall products deliver natively integrated application, user, and content visibility and control through its operating system, hardware and software architecture. It serves the enterprise network security market, which includes Firewall, Unified Threat Management (UTM), Web Gateway, Intrusion Detection and Prevention, and Virtual Private Network technologies.

Through its products and subscription services, Palo Alto provides integrated protection against dynamic security threats while simplifying the IT security infrastructure. Its solutions incorporate application-specific integrated circuits, hardware architecture, operating system, and associated security and networking functions.

The company’s network security gateways protect customer data, reduce security complexities and lower total cost of ownership. Customers can implement their security policies on traffic between internal networks and the Internet, as well as between internal and private networks shared with partners.

The company has a single operating segment. However, the company announces its revenues from products and services separately. For fiscal 2023, the company reported total revenues of $6.89 billion, which grew 25.3% year over year.

Palo Alto’s fiscal 2023 revenues from its products increased 15.8% year over year to $1.58 billion. Revenues from subscriptions and support grew 28.4% to $5.31 billion.

Further, Palo Alto operates across different geographic regions, including the Americas, Europe, the Middle East, and Africa (EMEA) and the Asia-Pacific and Japan (APAC).

The company faces competition from large companies like Cisco and Juniper, independent security vendors such as Symantec, Check Point, Fortinet, FireEye and several other small companies.