JPMorgan Upgrades Palo Alto Networks (PANW) to Neutral

Palo Alto Networks (PANW) PT Raised to $630 at BMO Capital

BMO Capital analyst Keith Bachman raised the price target on Palo Alto Networks (NASDAQ: PANW) to $630.00 (from $615.00) while maintaining an Outperform rating following results.

The analyst commented, "We believe that PANW delivered a solid quarter all around, with ~6% upside to billings and... More

Palo Alto (PANW) Stock Surges as FQ2 Results Reflect Robust Demand, JPMorgan Upgrades to Neutral as Risk/Reward is Now More Balanced

Shares of Palo Alto Networks (NASDAQ: PANW) surged more than 7% in premarket trading Wednesday after the company reported better-than-expected FQ2 financial results.

The cybersecurity company reported an adjusted EPS of $1.74, beating the consensus estimates of $1.65 per share and up from $1.55 reported in the year-ago period.

Revenue in the second quarter stood at $1.32 billion, up 30% YOY and compared to the analyst consensus of $1.28 per share.

In Q2, our company continued to benefit from strength across our three security platforms, driven by strong cybersecurity demand, organizations architecting for hybrid work and growing their... More

Palo Alto Networks (PANW) PT Raised to $600 at Citi

Citi analyst Fatima Boolani raised the price target on Palo Alto Networks (NASDAQ: PANW) to $600.00 (from $585.00) while maintaining a Buy rating.... More

Palo Alto Networks (PANW) PT Raised to $610 at Raymond James

Raymond James analyst Michael Turits raised the price target on Palo Alto Networks (NASDAQ: PANW) to $610.00 (from $600.00) while maintaining a Outperform rating.... More

After-Hours Stock Movers 02/22: (SKIN) (CDNS) (PANW) Higher; (RXT) (MRNS) (TDOC) Lower (more...)

After-Hours Stock Movers:

The Beauty Health Company (NASDAQ: SKIN) 14.5% HIGHER; reported Q4 EPS of ($0.12), $0.10 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $77.9 million versus the consensus estimate of $71.1 million. The Beauty Health Company sees 2022 revenue of $320-330 million, versus the consensus of $314 million.

Rackspace Technology (NASDAQ: RXT) 13.8% LOWER; reported Q4 EPS of $0.25, $0.01 better than the analyst estimate of $0.24. Revenue for the quarter came in at $777 million versus the consensus estimate of... More

Palo Alto Networks (PANW) Shares Up 5% on Q2 Beat and Raise

Palo Alto Networks (NASDAQ: PANW) shares were trading more than 5% higher after-hours following the companys reported Q2 results, with EPS of $1.74 coming in better than the consensus estimate of $1.64. Revenue grew 30% year-over-year to $1.3 billion, compared to the consensus estimate of $1.28... More

Stocks expected to have increasing option volume: LOW PANW TOL SPCE HTZ

Stocks expected to have increasing option volume: LOW PANW TOL SPCE HTZ

Palo Alto Networks (PANW) Tops Q2 EPS by 10c

Palo Alto Networks (NASDAQ: PANW) reported Q2 EPS of $1.74, $0.10 better than the analyst estimate of $1.64. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.28 billion.

GUIDANCE:

Palo Alto Networks sees Q3 2022 EPS of $1.65-$1.68, versus the... More

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

Palo Alto Networks (NASDAQ: PANW) February weekly call option implied volatility is at 138, April is at 67; compared to its 52-week range of 24 to 57 into the expected release of quarter results today after the bell on February 22. Call put ratio 1 call to 2.6 puts.

Palo Alto Networks (PANW) Highlighted as Favorite Platform Name at Jefferies Ahead of Earnings

Jefferies analyst Brent Thill reiterated a Buy rating and $650.00 price target on Palo Alto Networks (NASDAQ: PANW) on the belief that the company can meet F2Q total revenue consensus expectations for 26% yoy growth (guidance for 24-26% yoy vs. 32% last Q).

The analyst... More

Palo Alto Networks (PANW) option IV elevated into quarter results and outlook

Palo Alto Networks (NASDAQ: PANW) February weekly 482 straddle priced for a move of +/- 12% into the expected release of quarter results today after the bell.

UPDATE: JMP Securities Assumes Palo Alto Networks (PANW) at Market Outperform

(Updated - February 22, 2022 1:40 AM EST)

JMP Securities analyst Trevor Walsh assumes coverage on Palo Alto Networks (NASDAQ: PANW) with a Market Outperform rating and a price target of $620.00.

The analyst comments "Palo Alto Networks is a powerhouse of the cybersecurity industry,... More