Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2016 Financial Results

Imperial Capital Reiterates Outperform as Palo Alto Networks (PANW) Reports 4Q Results

Imperial Capital reiterated an Outperform rating and $190.00 price target on Palo Alto Networks (NYSE: PANW) following the company's 4Q earnings report. PANW reported revenue of $401mn and adjusted EPS of $0.50, compared with the Street revenue estimates of 389mn and adjusted EPS estimates of 0.49.... More

Stifel Reiterates Buy on Palo Alto Networks (PANW) Following 4Q Report

Stifel reiterated a Buy rating and $210.00 price target on Palo Alto Networks (NYSE: PANW) following the company's 4Q earnings report. Total revenue increased 41.2% y/y to $400.8mn, exceeding the Street's estimate of ~$390.0mn. Non-GAAP EPS of $0.50 was in-line with estimates. Palo Alto expects 1Q17 total revenue of $396.0-402.0mn and non-GAAP EPS of $0.51-0.53 versus previous Street expectations of $401.8mn and... More

Nomura Securities Cuts price Target on Palo Alto Networks (PANW) Following 4Q

Nomura Securities maintained a Buy rating on Palo Alto Networks (NYSE: PANW), and cut the price target to $180.00 (from $200.00), following the company's 4Q earnings report. PANW reported product revenue of $191.1mn beating consensus at $187.4mn. Services revenue came in at $209.7mn, ahead of... More

Oppenheimer Remains bullish on Palo Alto Networks (PANW) Following In-Line 4Q Results

Oppenheimer reiterated an Outperform rating and $177.00 price target on Palo Alto Networks (NYSE: PANW) following the company's 4Q earnings report. PANW reported revenue of $400.8M, ahead of the Street's $389.8M forecast. EPS matched consensus at $0.50.

Analyst Shaul Eyal commented, "PANW reported essentially... More

Needham & Company Reiterates Hold on Palo Alto Networks (PANW) following 4Q Beat and Guide

Needham & Company reiterated a Hold rating on Palo Alto Networks (NYSE: PANW) following the company's 4Q earnings report. PANW revenue and billings of $400.8m and $572.4m were above consensus $389.9m and $559.5m respectively. Management released 1Q guidance of $396-402m is below consensus of $402m at the midpoint, while EPS of... More

Palo Alto Networks (PANW) PT Lifted to $170 at Piper Jaffray Following Solid Q4

Piper Jaffray analyst Andrew Nowinski reiterated an Overweight rating and bumped his price target on Palo Alto Networks (NYSE: PANW) to $170.00 (from $167.00) following FQ4 results solidly above Street expectations, benefiting from an improvement in the macro following the April quarter.

Nowinski commented, "Billings... More

Raymond James Downgrades Palo Alto Networks (PANW) to Outperform

Raymond James downgraded Palo Alto Networks (NYSE: PANW) from Strong Buy to Outperform with a price target of $165.00 (from $180.00).

For an analyst ratings summary and ratings history on Palo Alto Networks... More