Palo Alto Networks Inc
PANW
Market Cap$91.72B
Close$
Earnings Call Q2 2024
February 20, 2024 - AI Summary
Palo Alto Networks reported strong financial results for Q2 2024, with revenues growing 19% year-over-year and non-GAAP operating margins expanding nearly 600 basis points.
The company achieved several milestones in Q2, including continued success in driving large deals and significant growth in its SASE business. It also received recognition as a leader in multiple categories across its three platforms.
Palo Alto Networks is focused on accelerating its platformization and consolidation strategy to drive customer adoption of its three platforms: network security, Prisma Cloud, and Cortex. The goal is to capture a larger share of the cybersecurity market and achieve $15 billion in ARR by 2030.
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$245.01
11.7% downside
Current Fair Value
11.7% downsideOvervalued by 11.7% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $91.72 Billion |
|---|---|
| Enterprise Value | $90.17 Billion |
| Dividend Yield | $0.0 (0.0%) |
| Earnings per Share | $6.47 |
| Beta | 1.31 |
| Outstanding Shares | 323,100,000 |
| Avg 30 Day Volume | 4,069,487 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 40.29 |
|---|---|
| PEG | 2.04 |
| Price to Sales | 12.06 |
| Price to Book Ratio | 21.33 |
| Enterprise Value to Revenue | 11.98 |
| Enterprise Value to EBIT | 150.03 |
| Enterprise Value to Net Income | 39 |
| Total Debt to Enterprise | 0.02 |
| Debt to Equity | 0.42 |
Revenue Sources
No data
ESG Score
No data
About Palo Alto Networks Inc
CEO: Nikesh Arora