What is DA Davidson’s Forecast for PANW FY2025 Earnings?

Palo Alto Networks, Inc. (NASDAQ:PANW) – Research analysts at DA Davidson raised their FY2025 earnings per share estimates for Palo Alto Networks in a research report issued on Thursday, November 21st. DA Davidson analyst R. Kessinger now anticipates that the network technology company will post earnings of $3.62 per share for the year, up from their previous estimate of $3.55. DA Davidson currently has a “Buy” rating and a $415.00 target price on the stock. The consensus estimate for Palo Alto Networks’ current full-year earnings is $3.56 per share.

A number of other research analysts also recently weighed in on the company. BTIG Research upped their price target on Palo Alto Networks from $395.00 to $414.00 and gave the stock a “buy” rating in a research note on Thursday. Piper Sandler upped their price target on Palo Alto Networks from $330.00 to $385.00 and gave the stock a “neutral” rating in a report on Thursday. Jefferies Financial Group raised their price objective on Palo Alto Networks from $400.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday. Truist Financial upped their target price on shares of Palo Alto Networks from $400.00 to $425.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. Finally, BMO Capital Markets increased their target price on shares of Palo Alto Networks from $390.00 to $425.00 and gave the company an “outperform” rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty-one have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $402.03.

Palo Alto Networks Stock Down 3.6 %

PANW opened at $383.36 on Friday. Palo Alto Networks has a twelve month low of $260.09 and a twelve month high of $408.53. The company has a fifty day moving average of $364.32 and a 200-day moving average of $339.39. The stock has a market cap of $124.82 billion, a PE ratio of 52.88, a price-to-earnings-growth ratio of 5.63 and a beta of 1.12.

Palo Alto Networks shares are going to split before the market opens on Monday, December 16th. The 2-1 split was announced on Wednesday, November 20th. The newly minted shares will be distributed to shareholders after the closing bell on Friday, December 13th.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Wednesday, November 20th. The network technology company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.08. The company had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.12 billion. Palo Alto Networks had a return on equity of 26.83% and a net margin of 32.11%. The firm’s revenue was up 13.9% compared to the same quarter last year. During the same period last year, the company earned $0.63 earnings per share.

Insider Transactions at Palo Alto Networks

In other news, Director Mary Pat Mccarthy sold 10,000 shares of the stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $348.49, for a total value of $3,484,900.00. Following the transaction, the director now owns 31,517 shares in the company, valued at approximately $10,983,359.33. This represents a 24.09 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Lee Klarich sold 60,000 shares of the company’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $344.98, for a total transaction of $20,698,800.00. Following the completion of the transaction, the executive vice president now owns 159,009 shares of the company’s stock, valued at approximately $54,854,924.82. The trade was a 27.40 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 254,252 shares of company stock valued at $89,041,637. 2.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Palo Alto Networks

Hedge funds have recently added to or reduced their stakes in the stock. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Palo Alto Networks in the first quarter valued at about $536,000. Axxcess Wealth Management LLC boosted its holdings in Palo Alto Networks by 0.6% in the 1st quarter. Axxcess Wealth Management LLC now owns 6,788 shares of the network technology company’s stock valued at $1,929,000 after purchasing an additional 40 shares in the last quarter. Westwood Holdings Group Inc. increased its position in Palo Alto Networks by 11.0% during the 1st quarter. Westwood Holdings Group Inc. now owns 7,468 shares of the network technology company’s stock worth $2,122,000 after purchasing an additional 738 shares during the period. Steel Grove Capital Advisors LLC raised its stake in shares of Palo Alto Networks by 37.2% during the 1st quarter. Steel Grove Capital Advisors LLC now owns 977 shares of the network technology company’s stock worth $278,000 after buying an additional 265 shares in the last quarter. Finally, Beck Capital Management LLC lifted its holdings in shares of Palo Alto Networks by 25.6% in the 1st quarter. Beck Capital Management LLC now owns 16,142 shares of the network technology company’s stock valued at $4,586,000 after buying an additional 3,289 shares during the period. 79.82% of the stock is owned by institutional investors and hedge funds.

Palo Alto Networks Company Profile

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.