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

Palo Alto Networks (NASDAQ:PANW) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $6.26-6.39 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

Several analysts recently issued reports on PANW shares. Deutsche Bank Aktiengesellschaft increased their price objective on Palo Alto Networks from $395.00 to $415.00 and gave the stock a “buy” rating in a report on Thursday. Royal Bank of Canada reiterated an “outperform” rating and set a $450.00 price target on shares of Palo Alto Networks in a report on Thursday. BNP Paribas started coverage on Palo Alto Networks in a report on Tuesday, October 8th. They issued an “outperform” rating and a $410.00 price objective on the stock. JMP Securities lifted their target price on shares of Palo Alto Networks from $380.00 to $415.00 and gave the company a “market outperform” rating in a research note on Thursday. Finally, Needham & Company LLC increased their price target on shares of Palo Alto Networks from $385.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $402.03.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $383.36 on Friday. Palo Alto Networks has a 52-week low of $260.09 and a 52-week high of $408.53. The firm has a market capitalization of $124.82 billion, a PE ratio of 49.92, a price-to-earnings-growth ratio of 5.76 and a beta of 1.12. The company’s fifty day moving average price is $364.32 and its two-hundred day moving average price is $339.39.

Shares of Palo Alto Networks are scheduled 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 results on Wednesday, November 20th. The network technology company reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.08. Palo Alto Networks had a net margin of 32.99% and a return on equity of 23.36%. The firm had revenue of $2.14 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter last year, the company earned $0.63 earnings per share. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. Analysts predict that Palo Alto Networks will post 3.57 earnings per share for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Nir Zuk sold 36,000 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $332.50, for a total transaction of $11,970,000.00. Following the completion of the sale, the executive vice president now directly owns 1,115,567 shares of the company’s stock, valued at $370,926,027.50. This trade represents a 3.13 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Lee Klarich sold 60,000 shares of the business’s stock in a transaction on Wednesday, September 4th. The stock was 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 in the company, valued at approximately $54,854,924.82. This represents a 27.40 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 254,252 shares of company stock worth $89,041,637 over the last three months. Company insiders own 2.50% of the company’s stock.

About Palo Alto Networks

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.