Palo Alto Networks (PANW)

• Market cap: $58B
• 1 day: -0.03%
• 5 days: 4.32%
• 1 month: -11.99%
• 3 months: -5.83%
• 6 months: 6.65%
• Year to date: -2.01%
• 1 year: 7.32%
• 5 years: 338.93%
• 10 years: 753.95%
• Sector: Information Technology
• Industry: Computer Peripheral Equipment

About: Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 80,000 enterprise customers across the world, including more than three fourths of the Global 2000.

Employees: 15,289

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

75% more first-time investments, than exits

New positions opened: 187 | Existing positions closed: 107

30% more repeat investments, than reductions

Existing positions increased: 877 | Existing positions reduced: 673

3% more funds holding

Funds holding: 1,964 [Q2] → 2,017 (+53) [Q3]

4.48% less ownership

Funds ownership: 83.13% [Q2] → 78.65% (-4.48%) [Q3]

6% less capital invested

Capital invested by funds: $91.5B [Q2] → $86.4B (-$5.08B) [Q3]

27% less funds holding in top 10

Funds holding in top 10: 79 [Q2] → 58 (-21) [Q3]

46% less call options, than puts

Call options by funds: $4.27B | Put options by funds: $7.96B

Research analyst outlook

26 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $130 27% downside
• Avg. target: $207 17% upside
• High target: $240 36% upside

26 analyst ratings

• positive: 19 73%
• neutral: 5 19%
• negative: 2 8%

Citigroup Fatima Boolani 64% 1-year accuracy 21 / 33 met price target	16% upside $205	Buy Maintained	17 Jan 2025
Loop Capital Yun Kim 45% 1-year accuracy 5 / 11 met price target	2% upside $180	Hold Maintained	14 Jan 2025
JMP Securities Trevor Walsh 77% 1-year accuracy 47 / 61 met price target	17% upside $208	Market Outperform Reiterated	14 Jan 2025
Deutsche Bank Brad Zelnick 50% 1-year accuracy 7 / 14 met price target	7% upside $190	Hold Downgraded	8 Jan 2025
Guggenheim John Difucci 48% 1-year accuracy 15 / 31 met price target	27% downside $130	Sell Downgraded	7 Jan 2025