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 FY 2025 guidance to 6.260-6.390 EPS.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Citigroup boosted their price objective on Palo Alto Networks from $395.00 to $432.00 and gave the company a “buy” rating in a report on Thursday. KeyCorp boosted their price target on Palo Alto Networks from $400.00 to $435.00 and gave the company an “overweight” rating in a report on Friday, October 18th. Morgan Stanley raised their price objective on Palo Alto Networks from $390.00 to $421.00 and gave the stock an “overweight” rating in a research note on Friday, October 11th. Truist Financial boosted their target price on shares of Palo Alto Networks from $400.00 to $425.00 and gave the company a “buy” rating in a research note on Monday, November 18th. Finally, DA Davidson raised their price target on shares of Palo Alto Networks from $380.00 to $415.00 and gave the stock a “buy” rating in a research report on Tuesday, August 20th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and an average price target of $402.03.

Palo Alto Networks Stock Down 3.6 %

Shares of PANW stock opened at $383.36 on Friday. The stock has a 50-day simple moving average of $364.32 and a 200 day simple moving average of $339.39. The stock has a market capitalization of $124.82 billion, a P/E ratio of 49.92, a P/E/G ratio of 5.76 and a beta of 1.12. Palo Alto Networks has a fifty-two week low of $260.09 and a fifty-two week high of $408.53.

Palo Alto Networks shares are going to split on the morning of Monday, December 16th. The 2-1 split was announced on Wednesday, November 20th. The newly created shares will be distributed to shareholders after the market closes on Friday, December 13th.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Wednesday, November 20th. The network technology company reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.08. The company had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Palo Alto Networks had a net margin of 32.99% and a return on equity of 23.36%. The business’s revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 EPS. On average, sell-side analysts anticipate that Palo Alto Networks will post 3.57 earnings per share for the current year.

Insider Activity

In related news, CEO Nikesh Arora sold 81,586 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $367.99, for a total value of $30,022,832.14. Following the completion of the sale, the chief executive officer now owns 618,715 shares in the company, valued at approximately $227,680,932.85. This represents a 11.65 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mary Pat Mccarthy sold 10,000 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $348.49, for a total transaction of $3,484,900.00. Following the transaction, the director now owns 31,517 shares in the company, valued at approximately $10,983,359.33. The trade was a 24.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 254,252 shares of company stock worth $89,041,637. Insiders own 2.50% of the company’s stock.

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.