Palo Alto Networks, Inc.

PANW

US6974351057

Software

Market Closed - Nasdaq Other stock markets 01:30:03 01/06/2024 am IST			After market 05:29:25 am
294.8 ^USD	+0.57%		297	+0.73%

31/05	Nvidia Isn't the Only Way to Play AI	MT
31/05	Nvidia Isn't the Only Way to Play AI	MT

Palo Alto Networks, Inc. agreed to acquire QRadar Software as a Service assets from International Business Machines Corporation.

May 15, 2024

Palo Alto Networks, Inc. (NasdaqGS:PANW) agreed to acquire QRadar Software as a Service assets from International Business Machines Corporation (NYSE:IBM) on May 15, 2024. The transaction is expected to close by the end of September 2024 and is subject to regulatory approvals and other customary closing conditions. J.P. Morgan Securities LLC acted as financial advisor to Palo Alto Networks, Inc.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	PALO ALTO NETWORKS, INC.	294.8 USD	+0.57%	-8.32%	95.47B
	IBM	166.9 USD	+0.77%	-2.33%	153B

Latest news about Palo Alto Networks, Inc.

Nvidia Isn't the Only Way to Play AI	31/05	MT
Nvidia Isn't the Only Way to Play AI	31/05	MT
Zscaler shares soar as strong cybersecurity demand powers upbeat Q4 forecast	31/05	RE
President Capital Adjusts Price Target on Palo Alto Networks to $355 From $340, Maintains Buy Rating	29/05	MT
Argus Adjusts Price Target on Palo Alto Networks to $348 From $336	29/05	MT
Citic Adjusts Price Target on Palo Alto Networks to $349 From $353	24/05	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Wednesday; Hims & Hers Health, Tesla to Decline	22/05	MT
Transcript : Palo Alto Networks, Inc. - Special Call	22/05
Palo Alto Networks Faces Billings Pressure From Discounted Deals Despite Improved Bookings, UBS Says	22/05	MT
Nikesh Arora, CEO of Palo Alto Networks: A slowdown in cybersecurity?	21/05	MT
Capital One Raises Palo Alto Networks' Price Target to $305 From $302, Equalweight Rating Maintained	21/05	MT
US Equity Indexes Little Changed as Fed Officials Pepper Views on Policy Path, Investors Brace for Nvdia's Earnings	21/05	MT
US Equity Indexes Slightly Higher in Midday Trading	21/05	MT
Palo Alto Networks Fiscal Q3 Results in Line but Fall Short of Some Investor Expectations, Morgan Stanley Says	21/05	MT
Global markets live: Microsoft, Roche, BMW, Nintendo, Nordson...	21/05
Palo Alto slides as billings forecast points to clients deferring payments	21/05	RE
Macquarie Raises Price Target on Palo Alto Networks to $285 From $270, Maintains Neutral Rating	21/05	MT
Nasdaq slips from record high on Fed policy caution, Nvidia results watch	21/05	RE
Trending : Palo Alto Networks 3Q Profit Report Fails to Impress	21/05	DJ
Central bankers try to reason with investors	21/05
Investors Tread Cautiously as Nvidia Earnings Loom, Driving Muted Premarket Action for US Equity Futures	21/05	MT
FBN Securities Adjusts Price Target on Palo Alto Networks to $350 From $310	21/05	MT
Citigroup Adjusts Price Target on Palo Alto Networks to $345 From $335	21/05	MT
Caution Caps Wall Street Pre-Bell; Asia, Europe Lower	21/05	MT
Stocks Nudge Lower Pre-Bell as Traders Digest Waning Earnings Season; Asia, Europe Down	21/05	MT

Chart Palo Alto Networks, Inc.

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Company Profile

Palo Alto Networks, Inc. specializes in the development and implementation of IT security solutions for the enterprise. The group's activity is organized around three divisions: - managed security services: data center management and storage of data in the cloud, data backup and recovery process management, real-time management and monitoring of IT infrastructure and applications, etc.; - development of cybersecurity solutions: software solutions for detecting threats and intrusions, protecting against malicious programs, securing data, networks and computer systems (antivirus, anti-spam, web filtering, firewalls, etc.); - security consulting services: training and updates on threats before, during and after attacks, risk management, etc. Net sales are distributed geographically as follows: America (68.5%), Europe/Middle East/Africa (19.7%) and Asia/Pacific (11.8%).

Sector

Software

Calendar

04/06/2024 - Bank of America Technology Conference

Related indices

S&P 500

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Income Statement Evolution

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Analysis / Opinion

Nikesh Arora, CEO of Palo Alto Networks: A slowdown in cybersecurity?

May 21, 2024 at 11:56 pm IST

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Ratings for Palo Alto Networks, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

294.9 USD

Average target price

338.3 USD

Spread / Average Target

+14.70%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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