Palo Alto NetworksPANW
About: Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 80,000 enterprise customers across the world, including more than three fourths of the Global 2000.
Employees: 15,289
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
66% more funds holding in top 10
Funds holding in top 10: 47 [Q1] → 78 (+31) [Q2]
61% more first-time investments, than exits
New positions opened: 262 | Existing positions closed: 163
53% more repeat investments, than reductions
Existing positions increased: 885 | Existing positions reduced: 578
16% more capital invested
Capital invested by funds: $72.3B [Q1] → $84.1B (+$11.8B) [Q2]
5% more funds holding
Funds holding: 1,850 [Q1] → 1,949 (+99) [Q2]
2.56% less ownership
Funds ownership: 78.91% [Q1] → 76.35% (-2.56%) [Q2]
42% less call options, than puts
Call options by funds: $4.71B | Put options by funds: $8.06B
Research analyst outlook
45 Wall Street Analysts provided 1 year price targets over the past 3 months
45 analyst ratings
Keybanc Eric Heath 56% 1-year accuracy 9 / 16 met price target | 16%upside $435 | Overweight Maintained | 18 Oct 2024 |
Barclays Saket Kalia 76% 1-year accuracy 29 / 38 met price target | 9%upside $410 | Overweight Maintained | 17 Oct 2024 |
Morgan Stanley Hamza Fodderwala 85% 1-year accuracy 22 / 26 met price target | 12%upside $421 | Overweight Maintained | 11 Oct 2024 |
Exane BNP Paribas Andrew DeGasperi 100% 1-year accuracy 1 / 1 met price target | 9%upside $410 | Outperform Initiated | 8 Oct 2024 |
Goldman Sachs Gabriela Borges 63% 1-year accuracy 12 / 19 met price target | 13%upside $425 | Buy Maintained | 8 Oct 2024 |
Financial journalist opinion
Based on 30 articles about PANW published over the past 30 days
