Read more
15:32 · 16 November 2020

Palo Alto Networks stock rose 5% on upbeat guidance

-
-
Open account Download free app
Palo Alto Networks (PANW.US) – stock jumped almost 5% after the company posted better than expected quarterly figures. The cybersecurity company reported quarterly earnings of $1.62 per share, compared to analysts' expectations of $1.33 a share. Revenue also beat market forecasts.  "We delivered another consecutive strong quarter of solid results, with first quarter billings of 21% year-over-year growth; both our firewall transformation and our Next-Generation Security services continue to make great progress, giving us confidence to raise previously issued guidance for the year," said CEO Nikesh Arora. In the next quarter company expected revenue in the region of $975-990M compared to market estimates of $971.20M, billings of $1.17-1.19B, and EPS of $1.42-1.44 well above analysts' expectations of $1.35.
Palo Alto Networks (PANW.US) stock is testing the resistance at $274.57 where the all-time high is located. However a bearish divergence appeared on the MACD histogram, which might indicate that the upward momentum is fading away. Should sellers regain control then nearest support lies at $251.67 level. Source: xStation5
20 January 2026, 21:30

Netflix down 5% after Q4 results 📉 Is Wall Street turning bearish?

20 January 2026, 18:54

Daily Summary: "Sell America" pushes US assets off the cliff (20.01.2026)

20 January 2026, 15:21

Banks fear Trump📉Central planning in the USA?

20 January 2026, 14:24

Risk on edge as we wait for Trump, as Netflix attempts to seal the deal for Warner Brothers

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Join over 2 Million investors from around the world