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Palo Alto Networks Stock Slips After Q3 Results
派拓派拓(US:PANW) Schaeffers Investment Research·2025-05-21 23:01

Software stock Palo Alto Networks Inc (NASDAQ:PANW) is slipping today, down 6.2% to trade at 182.52atlastglance,afterthecompanysfiscalthirdquarterresults.Profitsbeatestimates,whilerevenuecameinlinewithexpectations,andgrossmarginfellmorethananticipated.Thefirmalsopredictedastrongcurrentquarterandhikeditsfullyearguidance.Nofewerthanfouranalystscuttheirpricetargets,includingNorthlandCapitalto182.52 at last glance, after the company's fiscal third-quarter results. Profits beat estimates, while revenue came in line with expectations, and gross margin fell more than anticipated. The firm also predicted a strong current quarter and hiked its full-year guidance.No fewer than four analysts cut their price targets, including Northland Capital to 177 from $210, though Wells Fargo threw in a price-target hike ...