Call Buying Activity in Palo Alto Networks (PANW) Targets Upside in Shares Through December -Susquehanna

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Palo Alto Networks (PANW) PT Raised to $310 at Mizuho Securities

November 16, 2020 1:21 PM EST

Mizuho Securities analyst Gregg Moskowitz raised the price target on Palo Alto Networks (NYSE: PANW) to $310.00 (from $300.00) while maintaining a Buy rating.

The analyst commented, "Consistent with our preview, PANW reported a very good F1Q, led by billings growth of 21%... More

Palo Alto Networks (PANW) PT Raised to $310 at FBN Securities, Following Earnings

November 16, 2020 12:35 PM EST

FBN Securities analyst Shebly Seyrafi raised the price target on Palo Alto Networks (NYSE: PANW) to $310.00 (from $300.00) while maintaining a Outperform rating.

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Palo Alto Networks (PANW) Tops Q1 EPS by 29c, Revenues Beat; Raises FY21 EPS/Revenue Guidance Above Consensus, 2Q EPS/Revenues Views Above Consensus

November 16, 2020 7:04 AM EST

Palo Alto Networks (NYSE: PANW) reported Q1 EPS of $1.62, $0.29 better than the analyst estimate of $1.33. Revenue for the quarter came in at $946 million versus the consensus estimate of $921.64 million.

Total revenue for the fiscal first quarter 2021 grew 23% year over year to $946.0 million, compared with total revenue of $771.9 million for the fiscal first quarter 2020. GAAP net loss for the fiscal first quarter 2021 was $92.2 million, or $0.97 per diluted share, compared with GAAP net loss of $59.6 million, or $0.62 per diluted share, for the fiscal first quarter 2020.

Non-GAAP net income for the fiscal first quarter 2021 was $158.1... More

Palo Alto Networks (PANW) puts more active than calls into quarter results and 2021 outlook

November 13, 2020 10:35 AM EST

Palo Alto Networks (NYSE: PANW) November call option implied volatility is at 58, December is at 38; compared to its 52-week range of 20 to 83 into the expected release of quarter results before the bell on November 16. Call put ratio 1 call to 2.1 puts.

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