Palo Alto Networks downgraded by HSBC Securities with a new price target
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HSBC Securities downgraded Palo Alto Networks from Hold to Reduce and set a new price target of $291.00 from $304.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/15/2025 | $210.00 | Neutral | Roth Capital |
| 4/10/2025 | $156.00 | Reduce → Hold | HSBC Securities |
| 4/1/2025 | $205.00 | Equal-Weight | Stephens |
| 3/18/2025 | Overweight | Morgan Stanley | |
| 1/8/2025 | Buy → Hold | Deutsche Bank | |
| 1/8/2025 | Buy → Neutral | BTIG Research | |
| 1/6/2025 | $130.00 | Neutral → Sell | Guggenheim |
| 11/22/2024 | $304.00 → $291.00 | Hold → Reduce | HSBC Securities |
The acquisition will enable secure pursuit of AI innovation with confidence by helping customers discover, manage, and protect against AI-specific security risks—securing AI end to end from development to runtime. SANTA CLARA, Calif., April 28, 2025 /PRNewswire/ -- Palo Alto Networks® (NASDAQ:PANW), the global cybersecurity leader, today announced that it has entered into a definitive agreement to acquire Protect AI, an innovative leader in securing the use of Artificial Intelligence (AI) and Machine Learning (ML) applications and models. This strategic acquisition reflects Palo Alto Networks' commitment to remaining at the forefront of next-generation cybersecurity innovation, and expanding
Fiscal second quarter revenue grew 14% year over year to $2.3 billion.Next-Generation Security ARR grew 37% year over year to $4.8 billion.Remaining performance obligation grew 21% year over year to $13.0 billion.SANTA CLARA, Calif., Feb. 13, 2025 /PRNewswire/ -- Palo Alto Networks (NASDAQ:PANW), the global cybersecurity leader, announced today financial results for its fiscal second quarter 2025, ended January 31, 2025. Total revenue for the fiscal second quarter 2025 grew 14% year over year to $2.3 billion, compared with total revenue of $2.0 billion for the fiscal second quarter 2024. GAAP net income for the fiscal second quarter 2025 was $0.3 billion, or $0.38 per diluted share, compared
SANTA CLARA, Calif., Feb. 13, 2025 /PRNewswire/ -- Palo Alto Networks® (NASDAQ:PANW), the global cybersecurity leader, today announced the appointment of Helle Thorning-Schmidt, former prime minister of Denmark, and Ralph Hamers, former chief executive officer of UBS Group AG and ING Group, to the company's board of directors. Palo Alto Networks today announced the appointment of Helle Thorning-Schmidt and Ralph Hamers to its board of directors."It's a pleasure to welcome two visionary leaders, Helle and Ralph, to our Board of Directors, as we further our commitment to expanding the global reach of our business," said Nikesh Arora, chairman and CEO, Palo Alto Networks. "They are innovators a
8-K - Palo Alto Networks Inc (0001327567) (Filer)
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144 - Palo Alto Networks Inc (0001327567) (Subject)
SC 13G/A - Palo Alto Networks Inc (0001327567) (Subject)
SC 13G/A - Palo Alto Networks Inc (0001327567) (Subject)
4 - Palo Alto Networks Inc (0001327567) (Issuer)
4 - Palo Alto Networks Inc (0001327567) (Issuer)
4 - Palo Alto Networks Inc (0001327567) (Issuer)
Roth Capital initiated coverage of Palo Alto Networks with a rating of Neutral and set a new price target of $210.00
HSBC Securities upgraded Palo Alto Networks from Reduce to Hold and set a new price target of $156.00
Stephens initiated coverage of Palo Alto Networks with a rating of Equal-Weight and set a new price target of $205.00
SANTA CLARA, Calif., May 23, 2025 /PRNewswire/ -- Palo Alto Networks (NASDAQ:PANW), the global cybersecurity leader, announced today that members of its management team will be presenting at the following financial community event: Bank of America 2025 Global Technology ConferenceTuesday, June 3, 20258:40 a.m. PDT Additional information about upcoming investor event participation and a live audio webcast of each presentation will be accessible from the "Investors" section of the Palo Alto Networks website at investors.paloaltonetworks.com. ABOUT PALO ALTO NETWORKS As the global AI and cybersecurity leader, Palo Alto Networks (NASDAQ:PANW) is dedicated to protecting our digital way of life vi
Fiscal third quarter revenue grew 15% year over year to $2.3 billion.Next-Generation Security ARR grew 34% year over year to $5.1 billion.Remaining performance obligation grew 19% year over year to $13.5 billion.SANTA CLARA, Calif., May 20, 2025 /PRNewswire/ -- Palo Alto Networks (NASDAQ:PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2025, ended April 30, 2025. Total revenue for the fiscal third quarter 2025 grew 15% year over year to $2.3 billion, compared with total revenue of $2.0 billion for the fiscal third quarter 2024. GAAP net income for the fiscal third quarter 2025 was $0.3 billion, or $0.37 per diluted share, compared with GA
New solution unites America's only nationwide 5G Advanced network with industry-leading Prisma SASE 5G to offer more secure, comprehensive connectivity for businesses and government agencies Today, T-Mobile (NASDAQ:TMUS) and Palo Alto Networks (NASDAQ:PANW) introduced ‘T-Mobile SASE, with Palo Alto Networks' — a new managed offering that brings together America's only nationwide 5G Advanced network, T-Mobile's T-SIMsecure with T-Mobile Security Slice and Palo Alto Networks' industry-leading Prisma SASE 5G. The offering will deliver enhanced protection, performance and simplicity to T-Mobile for Business customers. Palo Alto Networks Prisma SASE 5G, the cloud-native Zero Trust security sol
Global survey reveals 75% of surveyed organizations pursuing a consolidated approach to security agree better integration across security, hybrid cloud, AI and other technology platforms is crucial ARMONK, N.Y. and SANTA CLARA, Calif., Jan. 28, 2025 /PRNewswire/ -- New global research from the IBM (NYSE: IBM) Institute for Business Value (IBV) and Palo Alto Networks® (NASDAQ:PANW), found that surveyed organizations are facing security complexity challenges as they juggle an average of 83 different security solutions from 29 vendors. It also shows 7 out of 10 surveyed companies with a high degree of security platformization report their cybersecurity investments have helped business outcomes
Bell has become a Managed and Professional Services strategic partner to provide support across Palo Alto Networks industry-leading, AI-powered security platforms.Partnership underscores Bell's objective to provide innovative and comprehensive security solutions to businesses in Canada and is another step toward becoming the largest and most trusted Managed Security Services Provider in Canada.MONTRÉAL and SANTA CLARA, Calif., Dec. 12, 2024 /CNW/ - Bell Canada, Canada's largest communications company, and Palo Alto Networks (NASDAQ:PANW), the global cybersecurity leader, announced today a strategic partnership that brings together Bell's expertise in Managed and Professional services with Pa
Strengthened partnership with IBM paves the way for more customers to benefit from next-gen SOC Innovation and AI-powered security solutions SANTA CLARA, Calif., Sept. 4, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ:PANW), the global cybersecurity leader, today announced that it has completed the acquisition of IBM's QRadar Software as a Service (SaaS) assets. This transaction underscores Palo Alto Networks and IBM's commitment to secure customers with best-in-class threat prevention, addressing ever-expanding attack surfaces with the complete platform approach that is required to simplify security operations. Palo Alto Networks Precision AI™-powered Cortex XSIAM® platform centralizes d
4 - Palo Alto Networks Inc (0001327567) (Issuer)