DA Davidson Has Negative Outlook for PANW FY2025 Earnings

Palo Alto Networks, Inc. (NASDAQ:PANW) – Research analysts at DA Davidson decreased their FY2025 earnings per share estimates for shares of Palo Alto Networks in a report issued on Tuesday, December 17th. DA Davidson analyst R. Kessinger now forecasts that the network technology company will post earnings per share of $1.74 for the year, down from their previous forecast of $1.75. The consensus estimate for Palo Alto Networks’ current full-year earnings is $3.49 per share.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Wednesday, November 20th. The network technology company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. The business had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.12 billion. Palo Alto Networks had a net margin of 32.99% and a return on equity of 23.36%. The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.32 earnings per share.

PANW has been the subject of several other reports. StockNews.com raised Palo Alto Networks from a “hold” rating to a “buy” rating in a report on Monday, December 16th. Oppenheimer reiterated an “outperform” rating and set a $225.00 price target on shares of Palo Alto Networks in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft boosted their price objective on Palo Alto Networks from $197.50 to $207.50 and gave the company a “buy” rating in a research note on Thursday, November 21st. BTIG Research increased their target price on shares of Palo Alto Networks from $197.50 to $207.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Finally, Jefferies Financial Group boosted their price target on shares of Palo Alto Networks from $225.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirty-two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average price target of $201.40.

Palo Alto Networks Stock Down 1.4 %

Shares of PANW stock opened at $186.78 on Friday. The firm has a market cap of $122.57 billion, a P/E ratio of 24.32, a PEG ratio of 5.75 and a beta of 1.12. The company has a 50 day moving average of $191.89 and a 200-day moving average of $175.58. Palo Alto Networks has a 12-month low of $130.04 and a 12-month high of $207.24.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, CEO Nikesh Arora sold 163,172 shares of Palo Alto Networks stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $184.00, for a total value of $30,022,832.14. Following the transaction, the chief executive officer now directly owns 1,237,430 shares of the company’s stock, valued at $227,680,932.85. The trade was a 11.65 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nir Zuk sold 72,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $166.25, for a total value of $11,970,000.00. Following the completion of the sale, the executive vice president now owns 2,231,134 shares of the company’s stock, valued at $370,926,027.50. The trade was a 3.13 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 571,172 shares of company stock worth $107,074,352. 2.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Palo Alto Networks

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PANW. Capital Advisors Ltd. LLC increased its position in shares of Palo Alto Networks by 113.9% in the third quarter. Capital Advisors Ltd. LLC now owns 77 shares of the network technology company’s stock valued at $26,000 after acquiring an additional 41 shares during the period. Sound Income Strategies LLC increased its holdings in Palo Alto Networks by 352.6% during the 3rd quarter. Sound Income Strategies LLC now owns 86 shares of the network technology company’s stock valued at $29,000 after purchasing an additional 67 shares during the period. Strategic Investment Solutions Inc. IL increased its holdings in Palo Alto Networks by 177.4% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 86 shares of the network technology company’s stock valued at $29,000 after purchasing an additional 55 shares during the period. Itau Unibanco Holding S.A. purchased a new stake in Palo Alto Networks in the 3rd quarter worth approximately $29,000. Finally, True Wealth Design LLC grew its position in shares of Palo Alto Networks by 2,933.3% in the 3rd quarter. True Wealth Design LLC now owns 91 shares of the network technology company’s stock worth $31,000 after buying an additional 88 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors.

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.