Kameleon007 Palo Alto Networks, Inc. (NASDAQ:PANW) is a cybersecurity company that has an intriguing setup. In this article, I will be using technical analysis to explain why I think PANW offers a bullish opportunity at current prices. I will outline my view on price action, momentum, volume, and relative strength. I will offer two potential price targets along with a stop loss. This article will not focus on the upcoming earnings announcement which will take place on 05/20/2024 since that is not my strengt ...

Analyst Estimates for Q3 FY 2024 Q2 FY 2024 Q3 FY 2023 Revenue $1.97 billion $1.98 billion $1.72 billion Diluted Earnings Per Share 40 cents $4.89 31 cents Net Income $143.3 million $1.75 billion $107.8 million Key Metric: Sales Amid 'Spending Fatigue' Palo Alto Networks lowered its outlook when reporting second-quarter earnings, citing "spending fatigue" among customers, raising concerns about headwinds for the cybersecurity industry. The guidance cut in late February sent shares lower, but analysts sugges ...

Palo Alto Networks (PANW) has collaborated with International Business Machines (IBM) to improve its security platforms with the latter's artificial intelligence (AI) capabilities in order to deliver AI-powered security solutions. As part of this partnership, PANW is set to acquire IBM's QRadar SaaS assets to enhance its Cortex XSIAM platform. Meanwhile, International Business Machines will continue to support its existing on-prem QRadar clients. Both companies are set to establish a joint Security Operatio ...

News Summary: IBM to platformize internal security solutions with Palo Alto Networks; Palo Alto Networks will be its preferred cybersecurity partner across network, cloud and SOC Palo Alto Networks will incorporate watsonx large language models (LLMs) in Cortex XSIAM to deliver additional Precision AI™ solutions IBM will bolster its leading security services to drive a significant book of business in cybersecurity and AI security, featuring Palo Alto Networks platforms in its expanded portfolio IBM will tra ...

The upcoming report from Palo Alto Networks (PANW) is expected to reveal quarterly earnings of $1.25 per share, indicating an increase of 13.6% compared to the year-ago period. Analysts forecast revenues of $1.97 billion, representing an increase of 14.3% year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Prior to a company's ear ...

Palo Alto Networks (PANW) is scheduled to report its third-quarter fiscal 2024 results on May 20. Palo Alto projects its fiscal third-quarter revenues in the range of $1.95-$1.98 billion, which suggests a year- over-year increase of 13-15%. The Zacks Consensus Estimate is pegged at $1.97 billion, which implies growth of 14.3% from the year-ago reported figure. For the fiscal third quarter, the company expects non-GAAP earnings in the range of $1.24-$1.26 per share. The Zacks Consensus Estimate for PANW’s no ...

New offerings powered by Precision AI™ by Palo Alto Networks help organizations accelerate AI adoption securely NEW YORK and SANTA CLARA, Calif., May 13, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW) and Accenture (NYSE: ACN) today announced an expansion of their long-standing strategic alliance. New offerings will combine Precision AI™ technology from Palo Alto Networks and Accenture's secure generative AI services to help organizations embrace the potential of AI with unparalleled cybersecurity. ...

Cortex XSIAM平台特点 - Cortex XSIAM是Palo Alto Networks的AI驱动安全运营平台，提供统一平台，集成所有关键功能[1] - Cortex XSIAM的BYOML框架赋予定制ML模型，为量身定制的安全解决方案提供支持[1] - Cortex XSIAM扩展了云检测和响应能力，提供完整的可见性和保护[1] - Cortex XSIAM允许组织将自定义机器学习模型集成到平台中，无缝集成第三方EDR数据，并利用云检测和响应功能[2] Cortex XSIAM功能拓展 - Cortex XSIAM推出了Cloud Detection and Response（CDR）功能，提供对云资产、事件、覆盖范围和漏洞的可见性，以及与Prisma Cloud的集成[5] - XSIAM拥有超过1,000个集成，涵盖常用的SOC工具，用于自动化警报摄取和工作流程编排，帮助SOC优化流程和互动[10] Cortex XSIAM荣誉 - Cortex XSIAM获得了Cyber Defense Magazine颁发的11项2024年全球信息安全奖，其中包括将Cortex XSIAM评为网络安全AI热门公司和将Cortex XDR评为扩展检测和响应的编辑之选[13]

Prisma SASE 3.0 extends Zero Trust to unmanaged devices, secures data with AI, and boosts application performance for partners and customers SANTA CLARA, Calif., May 2, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced its latest innovations to future-proof and transform the workforce with the launch of Prisma® SASE 3.0. Prisma SASE 3.0 now delivers Zero Trust to secure both managed and unmanaged devices with the industry's first natively integrated enterpris ...

In the latest market close, Palo Alto Networks (PANW) reached $293.51, with a +0.72% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.32%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.35%. Heading into today, shares of the security software maker had gained 2.57% over the past month, outpacing the Computer and Technology sector's loss of 1.9% and the S&P 500's loss of 2% in that time. The upcoming earnings release of Palo Alto Networks will ...