248.71 0.00 (0.00%)
After hours: 7:02PM EST
|Bid||248.40 x 1100|
|Ask||248.74 x 1100|
|Day's Range||247.31 - 251.10|
|52 Week Range||192.17 - 260.63|
|Beta (5Y Monthly)||0.92|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 23, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||265.23|
Microsoft has released a fix to a software vulnerability that could have allowed hackers access to computer networks. Yahoo Finance’s On The Move panel discusses the impact this could have on Microsoft.
The best cybersecurity stocks are well-positioned in cloud-delivered services and Zero Trust protection. Amid expected shifts in corporate spending, firewall technology may play a lesser role.
Benefits from strong adoption of Prisma and Cortex platforms are likely to get reflected in Palo Alto's (PANW) second-quarter fiscal 2020 earnings.
Here we discuss a few companies, including Palo Alto Networks (PANW), which have the resources to overcome the challenges and build a completely SASE-based security model.
Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today that members of its management team will be presenting at the following financial community event:
Cybersecurity company Palo Alto Networks Inc (NYSE: PANW ) is scheduled to release its fiscal year 2020 first-quarter results Monday after the market close, and one analyst at Morgan Stanley recommends ...
Palo Alto (PANW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Stock pickers are generally looking for stocks that will outperform the broader market. And while active stock picking...
Fortinet earnings and revenue topped fourth-quarter analyst estimates, while the cybersecurity firm's guidance was mixed. Fortinet stock slipped in extended trading.
Almost since its introduction, cybersecurity specialist FireEye (NASDAQ:FEYE) has turned into an investment where the broader bullish fundamentals haven't translated into consistent market returns. For the last four years, FEYE stock has largely moved sideways, punctuated by the occasional (and temporary) swings higher. And with the cybersecurity firm's fourth quarter of 2019 earnings results, initial signs suggest sustained apathy.Source: Michael Vi / Shutterstock.com It's becoming a familiar tale for long embattled stakeholders. Generally speaking, FireEye usually delivers the goods on paper. But making it stick for FEYE stock has confounded proponents. This time around, the company delivered adjusted earnings per share of 7 cents, easily beating out Wall Street's consensus target of 4 cents. In the year-ago quarter, FireEye produced an EPS of 6 cents against a 5-cent estimate.On the revenue front, the company rang up $235.09 million, again convincingly beating the Street's consensus target of $226.61 million. As well, the most recent haul beat out Q4 2018's tally of $217.53 million.InvestorPlace - Stock Market News, Stock Advice & Trading TipsStill, during the after-hours session, FEYE stock crumbled 5%. Do investors have any reason to believe in the cybersecurity firm? * 7 Utility Stocks to Buy That Offer Juicy Dividends For one thing, not everything about the Q4 report was all peaches and cream. Although FireEye's operating loss of $35.09 million represented a 4.4% improvement year-over-year, management disclosed a net loss of $49.2 million. That's a bit worse than the year-ago quarter's net loss of $48.4 million.But most investors probably felt discouraged from the company's 2020 outlook. The leadership team expects "revenue of $935 million to $945 million." However, analysts were looking "$946.08 million for the year."Though it might appear a small miss, analysts sorely need robust revenue growth to feel confident in FEYE stock. Uninspiring Revenue Trend for FEYE StockFrom a topical perspective, the bull case for FireEye shares is patently obvious. According to DigitalGuardian.com, the average cost of a data breach can greatly vary depending on the affected country. However, victimized entities can expect to pay anywhere between $1.25 million to $8.19 million. Not only that, the U.S. occupies the highest point of this range.Furthermore, cybersecurity is a dubiously attractive crime for those who have the skill and talent to pull it off. Unlike a physical crime like a bank robbery, there's very little chance of immediate violence. Plus, in the case of digital attacks like identity theft, the overall impact is asymmetrical: little to no physical risk against the ability to steal from anywhere.If you're smart enough, you can commit the perfect crime. Therefore, the allure of cyberattacks will only increase in the future.The flipside of this dynamic is that more people and enterprises are incentivized to invest in cybersecurity mechanisms. While the average breach may "only" cost a few million dollars, not all breaches are equally damaging. Some compromising incidents, like the Equifax (NYSE:EFX) disaster a few years back, can impact entire nations.Therefore, preventing or at least sharply mitigating just one catastrophic cyberattack is well worth a premium cybersecurity contract. But the problem for FEYE stock is it has no beef.With the Q4 results, FireEye delivered a total 2019 revenue of $889 million. That's only a 7% increase from 2018's tally. Since 2016, annual sales growth is a relatively paltry 9.3%. This compares unfavorably to the 127%-plus average growth rate between 2011 through 2015. Click to Enlarge Source: Chart by Josh Enomoto Ominously, FireEye's nominal revenue trend looks like a maturing S-curve.In contrast, Palo Alto Networks (NYSE:PANW) averages sales growth of 61.4% since 2011. Simply put, the optics are terrible. The Case for SpeculationIf you're a risk-averse investor, both the financials and the technicals are speaking in unison: stay away! From the latter point-of-view, FEYE stock hasn't done anything in the past four years. On the financial end, FireEye has failed to convert a positive industry backdrop into sales.Plus, far better options exist in the space.That said, the most compelling bull case for FEYE stock is the addressable market. As big as it is now, it's only going to get bigger in the future. Click to Enlarge Source: Chart by Josh Enomoto In recent years, we've seen a huge increase in the number of data breaches in the U.S. In 2018, we suffered a total of 1.24 billion breaches. That however paled in comparison to 2017, where we saw 1.63 billion attacks. Combined with 2016's tally, the number of breaches amounts to 3.97 billion.To put this figure into perspective, this total exceeds all the breaches suffered from 2005 through 2012. With ever-expanding technological platforms and the digitalization of everything, we should expect this trend to worsen.Of course, that's bad news for organizations that will invariably fall victim to cyberattacks. However, it opens wider the revenue-making opportunities for FireEye.I get it: we've heard this narrative before. But if you're a gambler, the addressable market has factually become larger for FEYE stock. That's worth a careful, measured bet.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Utility Stocks to Buy That Offer Juicy Dividends * 10 Gold and Silver Stocks to Profit Off 2020's Fear Trade * 3 Top Companies That Should Be More Careful With Your Data The post FEYE Stock Is Just Getting Interesting appeared first on InvestorPlace.
NortonLifeLock's (NLOK) Q3 results are likely to reflect growth in bookings. However, higher stranded costs are likely to have kept margins under pressure.
Palo Alto (PANW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Fortinet's (FTNT) Q4 results are likely to reflect benefits from a strong product portfolio and deal wins. However, high capital expenditures are likely to have kept margins under pressure.
Growth in software solution is likely to have driven F5 Networks' (FFIV) first-quarter fiscal 2020 results. However, seasonal contraction in margins is expected to have been an overhang.
Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today proudly announced it received a perfect score on the Human Rights Campaign Foundation's 2020 Corporate Equality Index (CEI). Palo Alto Networks efforts in satisfying all of the CEI's criteria not only earned a 100% ranking but also the designation of a Best Place to Work for LGBTQ Equality.
Cloudflare CEO Matthew Prince joins Yahoo Finance live from the 2020 World Economic Forum in Davos.
Logitech's (LOGI) third-quarter fiscal 2020 results are likely to reflect a healthy video collaboration business. However, higher tariffs are expected to have kept margins under pressure.
Yahoo Finance speaks at length about the future of retail and the cloud business in an exclusive interview with Microsoft CEO Satya Nadella.
Today we will run through one way of estimating the intrinsic value of Palo Alto Networks, Inc. (NYSE:PANW) by taking...
Shares of Cisco Systems Inc. slid 1.1% in morning trading Wednesday, after Bank of America Merrill Lynch downgraded the networking company, citing a lack of expected catalysts in 2020. Analyst Tal Liani cut his rating to neutral from buy, and lowered his stock price target to $52 from $56. "We do not see a major catalyst for the stock in the coming quarters, and we see several headwinds that could continue to weigh on upcoming results," Liani wrote in a note to clients. "Challenges include 2-3 quarters of difficult [comparisons], slower potential growth for campus switching, secular pressure on routing and reduced share repurchase activity." Cisco's stock has gained 7.8% over the past 12 months, while the Dow Jones Industrial Average has advanced 20.3%. He also downgraded FireEye Inc. and Palo Alto Networks Inc. to hold from buy, but upgraded CommScope Holding Co. Inc. to buy from neutral. Shares of FireEye slumped 3.4% and Palo Alto lost 1.9%, while CommScope rallied 5.4%.
Cisco Systems and Palo Alto Networks are lower after Bank of America analysts downgrade shares of the tech companies to neutral from buy.