PANW stock icon

Palo Alto Networks
PANW

$335.56
0.41%

Market Cap: 108B

 

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 85,000 customers across the world, including more than three fourths of the Global 2000.

Employees: 14,789

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 57 analysts
0
News positive %
of 33 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

41% more repeat investments, than reductions

Existing positions increased: 822 | Existing positions reduced: 583

20% more first-time investments, than exits

New positions opened: 243 | Existing positions closed: 203

2% more funds holding

Funds holding: 1,784 [Q4 2023] → 1,824 (+40) [Q1 2024]

10% less capital invested

Capital invested by funds: $76B [Q4 2023] → $68.2B (-$7.86B) [Q1 2024]

30% less call options, than puts

Call options by funds: $4.73B | Put options by funds: $6.77B

51% less funds holding in top 10

Funds holding in top 10: 94 [Q4 2023] → 46 (-48) [Q1 2024]

217.08% less ownership

Funds ownership: 291.49% [Q4 2023] → 74.41% (-217.08%) [Q1 2024]

Research analyst outlook

57 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$265
21%
downside
Avg. target
$354
6%
upside
High target
$450
34%
upside

57 analyst ratings

51 positive
89%
neutral
11%
negative
0%
Redburn Atlantic
Nina Marques
3%downside
$325
Neutral
Downgraded
18 Jul 2024
Keybanc
Michael Turits
13%upside
$380
Overweight
Maintained
17 Jul 2024
Baird
Shrenik Kothari
7%upside
$360
Outperform
Maintained
27 Jun 2024
Cantor Fitzgerald
Yi Fu Lee
4%upside
$350
Overweight
Reiterated
21 Jun 2024
DA Davidson
Rudy Kessinger
13%upside
$380
Buy
Initiated
21 Jun 2024

Financial journalist opinion

Based on 33 articles about PANW published over the past 30 days