The Latest Breaking News from Palo Alto Networks

Rapid digitalization and cloud migration across industries have increased businesses’ vulnerability to cyberattacks, ransomware attacks, and large-scale data breaches. So, surging demand for cybersecurity solutions should benefit prominent players in this space Palo Alto Networks (PANW) and Check Point Software (CHKP). But which of these stocks is a better buy…

Palo Alto Networks is surging as cybersecurity fears rise amid Russia's Ukraine invasion. Several other stocks are near buy points.

With the chaos in Thursday’s markets instigated by Russia’s invasion of Ukraine, investors are still hunting for bargains in the technology sector. Back in the 1990s, the darling of the tech sector was storage and networking issues. In the 2020s, it may be cybersecurity issues moving into the role.

Someone with a lot of money to spend has taken a bearish stance on Palo Alto Networks (NASDAQ:PANW). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

According to data from Benzinga Pro, during Q2, Palo Alto Networks's (NYSE:PANW) reported sales totaled $1.32 billion. Despite a 9.75% increase in earnings, the company posted a loss of $93.50 million.

Within the last quarter, Palo Alto Networks (NASDAQ:PANW) has observed the following analyst ratings:

Benzinga’s after-hours earnings roundup aims to deliver quick details about a company's earnings report, its forward-looking guidance and any other notable details. The list is handpicked by the reporters on the Benzinga Pro Newsdesk team.

Palo Alto Networks (NASDAQ:PANW) reported its Q2 earnings results on Tuesday, February 22, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Someone with a lot of money to spend has taken a bearish stance on Palo Alto Networks (NASDAQ:PANW). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Palo Alto Networks is the IBD Stock of the Day ahead of the cybersecurity firm's fiscal second-quarter earnings report on Feb. 22.

Someone with a lot of money to spend has taken a bullish stance on Palo Alto Networks (NASDAQ:PANW). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.