Palo Alto Networks PANW has been analyzed by 29 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 8 | 17 | 4 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 3 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 7 | 13 | 4 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $346.86, a high estimate of $450.00, and a low estimate of $265.00. This current average represents a 4.74% decrease from the previous average price target of $364.13.
Breaking Down Analyst Ratings: A Detailed Examination
A comprehensive examination of how financial experts perceive Palo Alto Networks is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Peter Levine | Evercore ISI Group | Lowers | Outperform | $385.00 | $405.00 |
| Michael Turits | Keybanc | Lowers | Overweight | $355.00 | $380.00 |
| Yi Fu Lee | Cantor Fitzgerald | Maintains | Overweight | $350.00 | - |
| Ittai Kidron | Oppenheimer | Raises | Outperform | $330.00 | $305.00 |
| Nina Marques | Redburn Atlantic | Raises | Buy | $350.00 | $275.00 |
| Adam Borg | Stifel | Maintains | Buy | $330.00 | - |
| Shyam Patil | Susquehanna | Lowers | Positive | $325.00 | $400.00 |
| Michael Turits | Keybanc | Lowers | Overweight | $380.00 | $390.00 |
| Andrew Nowinski | Wells Fargo | Lowers | Overweight | $385.00 | $450.00 |
| Patrick Colville | Scotiabank | Lowers | Sector Outperform | $337.00 | $363.00 |
| Trevor Walsh | JMP Securities | Maintains | Market Outperform | $380.00 | - |
| Nehal Chokshi | Northland Capital Markets | Announces | Market Perform | $275.00 | - |
| Gabriela Borges | Goldman Sachs | Raises | Buy | $310.00 | $274.00 |
| Keith Bachman | BMO Capital | Lowers | Outperform | $327.00 | $378.00 |
| Matthew Hedberg | RBC Capital | Lowers | Outperform | $365.00 | $420.00 |
| Saket Kalia | Barclays | Lowers | Overweight | $345.00 | $400.00 |
| Ittai Kidron | Oppenheimer | Lowers | Outperform | $305.00 | $310.00 |
| Gregg Moskowitz | Mizuho | Lowers | Buy | $350.00 | $405.00 |
| Yi Fu Lee | Cantor Fitzgerald | Lowers | Overweight | $350.00 | $400.00 |
| Rob Owens | Piper Sandler | Lowers | Neutral | $300.00 | $350.00 |
| Adam Borg | Stifel | Lowers | Buy | $330.00 | $410.00 |
| Anthony Hau | Truist Securities | Lowers | Buy | $350.00 | $385.00 |
| Daniel Ives | Wedbush | Lowers | Outperform | $375.00 | $425.00 |
| Alex Henderson | Needham | Maintains | Buy | $345.00 | - |
| Catharine Trebnick | Rosenblatt | Lowers | Neutral | $265.00 | $290.00 |
| Yun Kim | Loop Capital | Announces | Hold | $300.00 | - |
| Anthony Hau | Truist Securities | Raises | Buy | $385.00 | $330.00 |
| Andrew Nowinski | Wells Fargo | Raises | Overweight | $450.00 | $280.00 |
| Daniel Ives | Wedbush | Raises | Outperform | $425.00 | $350.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Palo Alto Networks. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Palo Alto Networks compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Palo Alto Networks's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Palo Alto Networks's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Palo Alto Networks analyst ratings.
Delving into Palo Alto Networks's Background
Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 85,000 customers across the world, including more than three fourths of the Global 2000.
Key Indicators: Palo Alto Networks's Financial Health
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Palo Alto Networks's revenue growth over a period of 3 months has been noteworthy. As of 31 January, 2024, the company achieved a revenue growth rate of approximately 19.33%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Palo Alto Networks's net margin is impressive, surpassing industry averages. With a net margin of 88.45%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Palo Alto Networks's ROE stands out, surpassing industry averages. With an impressive ROE of 53.52%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 10.56%, the company showcases effective utilization of assets.
Debt Management: Palo Alto Networks's debt-to-equity ratio is below the industry average at 0.5, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Significance of Analyst Ratings Explained
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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