Wall Street predicts Palo Alto Networks stock price for next 12 months
Palo Alto(PANW) Finbold·2024-08-20 18:45
One of Nancy Pelosi’s favorite holdings, Palo Alto Network (NASDAQ: PANW), recently unveiled its Q4 earnings report on August 20, posting beat on expectations.Namely, PANW reported earnings per share (EPS) of $1.51, compared with an estimated $1.41, and revenue of $2.19 billion, above the expected $2.16 billion. This represents a 12% increase in revenue from the same period in the previous year.Furthermore, Palo Alto Networks raised its EPS guidance to $6.18 to $6.31, compared to an estimated $6.22 for th ...