Palo Alto Networks (NASDAQ:PANW) Releases FY25 Earnings Guidance

Palo Alto Networks (NASDAQ:PANW) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $6.26-6.39 for the period, compared to the consensus estimate of $6.28. The company issued revenue guidance of $9.12-9.17 billion, compared to the consensus revenue estimate of $9.13 billion. Palo Alto Networks also updated its FY 2025 guidance to 6.260-6.390 EPS.

Palo Alto Networks Stock Performance

NASDAQ:PANW opened at $397.41 on Friday. The stock has a market cap of $129.40 billion, a price-to-earnings ratio of 54.82, a PEG ratio of 5.63 and a beta of 1.12. Palo Alto Networks has a 1 year low of $260.09 and a 1 year high of $408.53. The business has a fifty day moving average of $363.59 and a 200-day moving average of $338.82.

Palo Alto Networks’s stock is going to split on the morning of Monday, December 16th. The 2-1 split was announced on Wednesday, November 20th. The newly created shares will be payable to shareholders after the closing bell on Friday, December 13th.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Wednesday, November 20th. The network technology company reported $1.56 EPS for the quarter, beating the consensus estimate of $1.48 by $0.08. The firm had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Palo Alto Networks had a net margin of 32.11% and a return on equity of 26.83%. Palo Alto Networks’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the company earned $0.63 EPS. On average, equities research analysts predict that Palo Alto Networks will post 3.56 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Needham & Company LLC upped their target price on Palo Alto Networks from $385.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday. Sanford C. Bernstein raised their target price on Palo Alto Networks from $364.00 to $399.00 and gave the company an “outperform” rating in a research note on Tuesday, August 20th. Royal Bank of Canada reiterated an “outperform” rating and issued a $450.00 price target on shares of Palo Alto Networks in a research report on Thursday. The Goldman Sachs Group raised their price objective on shares of Palo Alto Networks from $376.00 to $425.00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. Finally, Westpark Capital reiterated a “hold” rating on shares of Palo Alto Networks in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $401.78.

Insider Buying and Selling

In other news, CEO Nikesh Arora sold 81,586 shares of Palo Alto Networks stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $367.99, for a total value of $30,022,832.14. Following the transaction, the chief executive officer now directly owns 618,715 shares in the company, valued at approximately $227,680,932.85. The trade was a 11.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mary Pat Mccarthy sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $348.49, for a total value of $3,484,900.00. Following the sale, the director now owns 31,517 shares of the company’s stock, valued at approximately $10,983,359.33. The trade was a 24.09 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 254,252 shares of company stock worth $89,041,637. 2.50% of the stock is currently owned by insiders.

About Palo Alto Networks

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.