The Latest Breaking News from Palo Alto Networks

Palo Alto Networks (NASDAQ:PANW) has outperformed the market over the past 5 years by 22.56% on an annualized basis producing an average annual return of 32.51%. Currently, Palo Alto Networks has a market capitalization of $47.62 billion.

Palo Alto Networks sees its Relative Strength Rating reach the elite 90-plus level.

Someone with a lot of money to spend has taken a bullish stance on Palo Alto Networks (NASDAQ:PANW). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Dow Jones reversed higher while the S&P 500 battled out of bear market territory. Tesla stock dived amid reports about CEO Elon Musk.

Palo Alto Networks Inc (NASDAQ: PANW) reported revenues and earnings for its fiscal third-quarter ahead of expectations. BofA Securities On Palo Alto Networks: Analyst Tal Liani reiterated a Buy rating and a price target of $650.

According to Benzinga Pro data, during Q3, Palo Alto Networks (NYSE:PANW) posted sales of $1.39 billion. Earnings were up 21.71%, but Palo Alto Networks still reported an overall loss of $73.20 million.

Palo Alto Networks Inc (NASDAQ: PANW) shares are trading higher Friday after the company reported better-than-expected financial results and raised guidance.

Palo Alto Networks Inc (NASDAQ: PANW) shares are trading higher in Thursday's after-hours session after the company reported better-than-expected financial results and raised guidance.

Someone with a lot of money to spend has taken a bearish stance on Palo Alto Networks (NASDAQ:PANW). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Palo Alto Networks reported fiscal third-quarter results that topped estimates. Shares popped as guidance came in above views.

Palo Alto Networks (NYSE:PANW) is set to give its latest quarterly earnings report on Thursday, 2022-05-19. Here's what investors need to know before the announcement. Analysts estimate that Palo Alto Networks will report an earnings per share (EPS) of $1.68.