Wall Street predicts Palo Alto Networks stock price for next 12 months
PANWPalo 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,comparedwithanestimated1.51, compared with an estimated 1.41, and revenue of  2.19billion,abovetheexpected2.19 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 6.18to6.18 to 6.31, compared to an estimated  $6.22 for th ...