|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||191.24 - 194.11|
|52 Week Range||107.37 - 197.20|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 29, 2018 - Jun 4, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||197.86|
For Palo Alto Networks (PANW), US markets comprise ~70% of total revenue. Over the last five quarters, US revenue has grown at a compound annual rate of 6%, supported by a strong sales team and channel partners. In the last five quarters, revenue has grown at a compound annual rate of 6%.
To boost its endpoint security service capabilities, Palo Alto Networks (PANW) acquired Israel-based company Secdo. The deal may give the company access to Secdo’s advanced EDR (endpoint detection and response) features, which include unique data collection and visualization. The financial terms of the deal have not been disclosed. After completion of the deal, Palo Alto Networks could combine Secdo’s EDR technology with its Traps platform, allowing it to visualize, identify, and prevent cyber attacks.
Palo Alto Networks’ (PANW) product business has continued to report strong revenue growth over the last few quarters, buoyed by the launch of advanced security products. Digital transition and cybersecurity threats have boosted demand for security products.
Palo Alto Networks (PANW) has continued to witness strong billings growth, buoyed by higher demand for security products across industries. Growing cybersecurity threats and digital transitions have created more opportunities for the company. New security products in its pipeline and high-quality service have also boosted billings.
Palo Alto Networks (PANW) has gained market traction through its strong portfolio and network security products. The digital transformation across industries is creating new business opportunities for Palo Alto. Growing cybersecurity threats have also spurred demand for security products.
Palo Alto Networks (PANW) has maintained strong growth in customer additions, driven by its product portfolio and service quality. The ongoing digital transition across enterprises and growing cybersecurity threats have also continued to act as strong catalysts for the company’s customer growth.
Palo Alto Networks’ (PANW) subscriptions and support, which contribute more than 60% of its overall revenue, have maintained strong double-digit revenue growth. This solid performance is mainly due to higher customer retention and additions.
Palo Alto Networks (PANW) has maintained strong bottom-line growth in the last five quarters, supported by robust demand for next-generation security products such as GlobalProtect and PAN-OS 8.0. Moreover, increased cyber threats to enterprises have boosted demand for security products, driving revenue and EPS (earnings per share). Advanced products backed by high-quality services have helped the company win large contracts. Also, US tax reform may continue to act as a strong catalyst for the company.
Juniper Networks (JNPR) has returned -8.3% in the last 12 months, -3.4% in the last month, and 3% in the last five days. Juniper stock rose 44% in 2016 and 2.3% in 2017. Since the start of 2018, it’s fallen almost 11%. Peers Cisco (CSCO), Ericsson (ERIC), Palo Alto Networks (PANW), and Nokia (NOK) have returned 37%, 2%, 75%, and 11%, respectively, in the last 12 months.
Although Juniper Networks’ (JNPR) security business revenue fell ~13% YoY (year-over-year) in fiscal 2017, its revenue rose 8% in 4Q17. Juniper’s security revenue fell for several quarters prior to 4Q17 as the company struggled to compete with niche players such as Palo Alto Networks (PANW), FireEye (FEYE), and Fortinet (FTNT), and tech giants such as Cisco (CSCO). Last year, Juniper announced that it would revamp its security product portfolio to attract customers, and revenue growth in 4Q17 was driven by sales across financial services, telecom, and government verticals.
Previously, we learned that analysts expect Juniper Networks’ (JNPR) (JNPR) revenue to fall ~14% YoY (year-over-year) in fiscal 1Q18. The company’s EPS (earnings per share) are expected to fall ~43% in the quarter. Analysts expect Juniper’s revenue to fall 11.2% YoY to $1.16 billion in 2Q18 and 3.5% YoY to $1.21 billion in 3Q18, and to rise 3.4% YoY to $1.28 billion in 4Q18. This outlook reflects a revenue decline of 5.8% YoY to $4.7 billion in fiscal 2018. Analysts, however, expect Juniper’s revenue to rise 3.2% in fiscal 2019 to $4.9 billion.
Awarded leading security effectiveness score for Detecting and Eliminating Security Threats, and for Total Cost of Ownership SANTA CLARA, Calif. , April 17, 2018 /PRNewswire/ -- Palo Alto Networks® (NYSE: ...
Proofpoint and other cybersecurity stocks rallied as the RSA Security Conference kicked off in San Francisco and analysts pondered further industry consolidation.
In 2015, a stock broker who had been in the business for over 30 years told me that the best way to beat the market is by buying good, high-quality companies whose stocks had pulled back recently. Investors looking to embrace such a strategy should buy General Motors Company (NYSE:GM) stock, Albemarle Corporation (NYSE:ALB) stock and Palo Alto Networks Inc (NASDAQ:PANW) stock. GM stock has been beaten down recently, falling around 14% over the past six months.
Palo Alto Networks, Fortinet, Okta and CyberArk Software are among network security firms that could prosper from utilizing blockchain technology, says an Oppenheimer report.
Short interest is low for PANW with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.
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The Santa Clara-based company is growing its security offerings, specifically its endpoint detection response (EDR), which is used for stopping cyber attacks.
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