Palo Alto raises annual revenue forecast on steady cybersecurity demand
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William Blair Reiterates Outperform Rating on Palo Alto Networks (PANW)
February 14, 2025 7:33 AM ESTWilliam Blair analyst Jonathan Ho reiterated an Outperform rating on Palo Alto Networks (NASDAQ: PANW).
The analyst comments "The stock is trading lower in the aftermarket, likely reflecting the modest increase in guidance and lingering concerns about net new ARR growth as NGS... More
Guggenheim Reiterates Sell Rating on Palo Alto Networks (PANW)
February 14, 2025 5:27 AM ESTGuggenheim analyst John DiFucci reiterated a Sell rating and $130.00 price target on Palo Alto Networks (NASDAQ: PANW)
The analyst comments "Palo Alto Networks reported F2Q results largely in line with our preview, "Fair is Foul and Foul is Fair", showing little upside to the companys chosen top-line metrics (NGS ARR, RPO, Revenue), but two metrics surprised us. Cash flow was much weaker than consensus, and we estimate that Total New ARR (our preferred metric to measure the momentum of the entire business) likely declined for the sixth consecutive quarter against the... More
