Palo Alto Networks, Inc. which can be found using ticker (PANW) have now 42 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $450.00 and $190.00 calculating the mean target price we have $343.81. Given that the stocks previous close was at $366.88 this is indicating there is a potential downside of -6.3%. Also worth taking note is the 50 day moving average now sits at $324.11 while the 200 day moving average is $258.65. The market cap for the company is 115.53B. The stock price for Apple Inc. is $366.41 USD
The potential market cap would be $108,264,420,149 based on the market consensus.
The company has a dividend yield of 2.19%. Other points of data to note are a P/E ratio of 203.56, revenue per share of $23.57 and a 2.68% return on assets.
Palo Alto Networks, Inc. is a global cybersecurity provider. The Company enables enterprises, service providers, and government entities to secure all users, applications, data, networks, clouds and devices with visibility and context, continuously across all locations. It delivers cybersecurity products covering a range of use cases, enabling its end-customers to secure their networks, remote and hybrid workforces, branch locations, and public and private clouds, and to advance their security operations centers (SOC). Its products are available in the form of the product, subscription, and support offerings, such as Firewall Appliances and Software, Panorama, Virtual System Upgrades, URL Filtering, Advanced URL Filtering, DNS Security, and IoT Security, among others. Its solutions are focused on five areas, which includes Network Security, Secure Access Service Edge, Cloud Security, Security Analytics and Automation, and Threat Intelligence and Security Consulting (Unit 42).
