preloader icon



Apex Trader Funding - News

Palo Alto Networks Stock Is Rising: What's Going On?

Palo Alto Networks (NASDAQ:PANW) is stirring up investor interest Wednesday with notable movement in its stock price.  What's Going On: Anticipation appears to be building as the company prepares to release its third-quarter fiscal 2024 earnings on May 20. In the previous quarter, Palo Alto Networks surpassed expectations, reporting EPS of $1.46 and revenue of $1.975 billion, outperforming the estimated EPS of $1.30 and revenue of $1.971 billion. For the upcoming quarter, analysts anticipate EPS of $1.25 and revenue of $1.967 billion, according to estimates from Benzinga Pro. Analyst Updates: Morgan Stanley analyst Hamza Fodderwala reiterated Palo Alto Networks with an Overweight rating on Wednesday and maintained a price ...