Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2015 Financial Results

FBR Capital Raises Price Target on Palo Alto Networks (PANW) Following 3c EPS Beat

FBR Capital reiterates an Outperform rating on Palo Alto Networks (NYSE: PANW), and raised the price target to $200.00 (from $175.00), following the company's 4Q15 earnings results. Total revenue of $283.9 million beat the Street's estimate of $256.4 million. Pro forma EPS came in at $0.28, above the Streets $0.25 estimate. Billings came in at $393.6 million, versus Street estimates of $338.0 million.

Analyst Daniel Ives commented, "Last night, Palo Alto Networks... More

Nomura Securities Raises Price Target on Palo Alto Networks (PANW) Following 4Q15

Nomura Securities reiterates a Buy rating on Palo Alto Networks (NYSE: PANW), and raised the price target to $195.00 (from $185.00), following the company's 4Q15 earnings results.

Analyst Frederick Grieb commented, "Wednesday, after the close, Palo Alto announced F4Q15 results, with billings growth of 69%... More

Needham & Company Raises Price Target on Palo Alto Networks (PANW) to $202 Following 4Q15 EPS Beat

Needham & Company reiterated a Buy rating on Palo Alto Networks (NYSE: PANW), and raised the price target to $202.00 (from $182.00), following the company's 4Q15 earnings results. Palo Altos $284m revs/$394 billings/$0.28 EPS is well above consensus $256m/$338m/$0.25 EPS. Management guided F1Q16 of $280-284m and $0.31-0.32 EPS... More

Palo Alto Networks (PANW) PT Trimmed to $202 at UBS Post Q4; Maintains Buy

UBS analyst Brent Thill reiterated a Buy rating on Palo Alto Networks (NYSE: PANW) but trimmed his price target to $202.00 (from $206.00) following Q4 results.

Thill commented, "In spite a tough set-up of lapping the year's hardest comps, and high expectations into the print, PANW delivered impressive (16%) upside to... More

Oppenheimer Raises Price Target on Palo Alto Networks (PANW) Following 3c EPS Beat

Oppenheimer reiterated an Outperform rating on Palo Alto Networks (NYSE: PANW), and raised the price target to $190.00 (from $180.00), following the company's 4Q15 earnings report. Revenue of $284M beat the consensus estimate of $256.4M. EPS of $0.28 beat consensus by $0.03. PANW guided F1Q16... More

Palo Alto Networks (PANW) PT Raised to $200 at Piper Jaffray

Piper Jaffray analyst Andrew J. Nowinski reiterated an Overweight rating and boosted his price target on Palo Alto Networks (NYSE: PANW) to $200.00 (from $185.00) following strong Q4 results.

Nowinski commented, "Palo Alto continues to deliver across all metrics, with FQ4(Jul) results exceeding the... More

Palo Alto Networks (PANW) Peers Advance in Sympathy Trade (FTNT) (FEYE)

Fortinet (NASDAQ: FTNT) and FireEye (NASDAQ: FEYE) peers traded higher in sympathy with Palo Alto Networks (NYSE: PANW) after it reported strong Q4 results. Others like Check Point Software Technology (NASDAQ: CHKP) were also on watch.

Palo Alto Networks (PANW) Tops Q4 EPS by 3c; Q1 Guidance Beats

Palo Alto Networks (NYSE: PANW) reported Q4 EPS of $0.28, $0.03 better than the analyst estimate of $0.25. Revenue for the quarter came in at $283.9 million versus the consensus estimate of $255.85 million.

Palo Alto Networks sees Q1 2015 EPS of $0.31-$0.32, versus the consensus of $0.31. Palo Alto Networks sees Q1 2015 revenue of $280-284 million, versus the consensus of $269.62 million.

"We are very pleased with our results for both the fourth quarter and fiscal... More