|Bid||207.51 x 800|
|Ask||208.48 x 1200|
|Day's Range||207.18 - 212.58|
|52 Week Range||160.08 - 260.63|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 27, 2019 - Dec 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||261.82|
SANTA CLARA, Calif., Sept. 20, 2019 /PRNewswire/ -- Palo Alto Networks (PANW), the global cybersecurity leader, today announced it has completed its acquisition of Zingbox, an IoT cybersecurity company. The acquisition will accelerate Palo Alto Networks delivery of IoT security through its Next-Generation Firewall and Cortex™ platforms. "We are excited to welcome Zingbox to Palo Alto Networks," said Nikesh Arora, chairman and CEO of Palo Alto Networks.
From Mimecast Limited to Forescout Technologies, Inc., the selloff in cybersecurity stocks has been brutal in recent weeks. But a key technical indicator suggests the group may have hit a bottom, according to All Start Charts. "Within that same theme we're looking at the Cybersecurity subsector finding support at its all-time low relative to the […]
SANTA CLARA, Calif., Sept. 19, 2019 /PRNewswire/ -- Palo Alto Networks (PANW), the global cybersecurity leader, today announced that the company has been positioned in the Leaders quadrant of the Magic Quadrant for Network Firewalls report by Gartner, Inc. As one of 18 vendors evaluated, Palo Alto Networks placed in the Leaders quadrant furthest to the right for completeness of vision and highest for ability to execute. This marks the eighth consecutive time that Palo Alto Networks has been named a Leader in the report. The Magic Quadrant for Network Firewalls evaluates vendors' ability to execute as well as the completeness of their vision.
PagSeguro, Twitter, Paycom, ServiceNow, Kirkland Lake Gold, andInMode are among 28 of the fastest-growing companies in terms of EPS growth.
The salary totals are yet another example of the bruising battle Bay Area employers face for talented workers, especially in the tech industry.
A snapshot of the IBD 50 shows that return on equity, a key earnings gauge, has risen sharply in recent years. But ROE alone should not be used in choosing stocks to buy.
EVP, Chief Technology Officer of Palo Alto Networks Inc (30-Year Financial, Insider Trades) Nir Zuk (insider trades) sold 12,000 shares of PANW on 09/12/2019 at an average price of $210.66 a share. Continue reading...
Palo Alto Networks (PANW) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Zscaler Inc.’s stock suffered its worst day since going public a year-and-a-half ago after the cloud-based cybersecurity company’s forecast came into question and half the analysts covering the stock cut target prices.
Fortinet (FTNT) is going to consolidate NGFW security and SD-WAN services into a single platform to effectively protect data and applications of Telenor Sweden's customers.
Despite beating analyst expectations with the fiscal fourth quarter results it posted on Tuesday, Zscaler's outlook for the current quarter and rest of its new fiscal year appeared to reinforce concerns that it might be less successful in the future.
Riding the next big thing to catch Wall Street's fancy can be tough. But artificial intelligence is one area of undeniable potential. And in Microsoft (NASDAQ:MSFT), United Parcel Service (NYSE:UPS) and Palo Alto Networks (NYSE:PANW) investors are being offered a more intelligent approach to cash in on the artificial intelligence stocks trend. Let me explain.Will cryptocurrencies led by Bitcoin ever really be a thing? And what is the potential for an industry like cannabis? Just as important, how will investing today in a market leader like Canopy Growth (NYSE:CGC) look like a year from now or even five or ten years out? Nobody, and I mean nobody knows. But artificial intelligence is very different.Artificial intelligence or AI is already seamlessly changing the way we see things, work and go about our lives. That last movie on Netflix (NASDAQ:NFLX) which was recommended by Netflix and which you simply loved? AI played a hand. At a business level, AI's machine learning is widely-used to scour through massive troves of data enabling algorithms to recognize otherwise indiscernible patterns and calculate stronger decisions and predictions. As I said, artificial intelligence is everywhere these days.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut what about investing in artificial intelligence stocks? There are no real pure plays, of notice anyways, on this growing technology despite an estimated 44% jump in spending on AI systems to nearly $36 billion this year. But profiting smartly from this boom is still very much possible. * 7 Stocks to Buy In a Flat Market In the following let's look at large cap outfits Microsoft, UPS and Palo Alto Networks. These three well-entrenched market leaders offer a diversified approach to investing in artificial intelligence stocks--and right now are presenting today's investors' buyable price charts for the long haul. Microsoft (MSFT)Microsoft is the first of our three AI stocks to buy. Along with Alphabet (NASDAQ:GOOGL) or Amazon (NASDAQ:AMZN), no conversation regarding artificial intelligence stocks would be complete without mentioning MSFT stock. These diversified tech giants have continued to grow on the back of AI. In Microsoft's case the company is pushing the technology into its cloud computing business and consumer offerings.Technically and unlike GOOGL or AMZN shares, MSFT stock is also unequivocally demonstrating bullish strength on the price chart. Microsoft has put together a sturdy basing pattern of around three months which has successfully tested existing uptrend and lateral price support. The price action has MSFT stock in a position of leadership within the broader market and coupled with a supportive-looking bullish stochastics crossover, makes this an artificial intelligence stock to buy on a breakout. UPS (UPS)United Parcel Service is the next of our AI stocks to purchase. UPS stock may not be the first name you think of when it comes to investing in artificial intelligence stocks. Yet using AI to drive efficiencies is huge for UPS and increasingly important in gaining a market edge throughout its business.Technically, UPS is also an artificial intelligence stock that's ready to deliver big-time profits to investors. * 7 Triple Threat Growth Stocks to Buy for the Long Term After recently clearing downtrend and Fibonacci resistance and testing the former barriers for support, shares have broken out of a five-week long consolidation. The price action has put UPS stock into the upper right-hand side of its 20-month long, irregular cup-shaped base and in position for purchase today. Palo Alto Networks (PANW)Cybersecurity giant Palo Alto Networks is the last of our artificial intelligence stocks to buy. Among other ways to exploit AI, this market leader uses the technology to locate and block malicious behavior on computer networks than would otherwise be possible.Most recently, Palo Alto acquired IoT security start-up Zingbox. The purchase will help improve Cortex, the company's AI-based security platform, by introducing its cloud-based service, advanced AI and machine learning technology into its offerings.And on the PANW price chart, this artificial intelligence stock is looking set for long-term success.Technically, shares of Palo Alto Networks have just finished three months of testing former pattern resistance for support. Now and with September off to a good start following an all-time-high in early 2019, a supportive stochastics crossover and plenty of volatile toiling to free itself from a three-year long corrective base breakout, it's time to buy PANW stock today.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwitsThe post 3 Artificial Intelligence Stocks to Buy: MSFT, UPS and PANW appeared first on InvestorPlace.
The acquisition is expected to boost Palo Alto's (PANW) Cortex platform by implementing Zingbox's cloud-based service and advanced AI and ML technology into its security offerings.
Palo Alto Networks reported its Q4 and fiscal 2019 earnings yesterday. Its Q4 revenues of $805.8 million beat the consensus estimate by $2.24 million.
Palo Alto stock jumped Thursday as investors embraced the cybersecurity company's cloud computing growth strategy through 2022, and overlooked profit guidance that missed views for 2020.