Palo Alto Networks (PANW) - Stock split history (2024)

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Palo Alto Networks (PANW) - Stock split history? ›

Palo Alto Networks (PANW) has 1 split in our Palo Alto Networks stock split history database. The split for PANW took place on September 14, 2022. This was a 3 for 1 split, meaning for each share of PANW owned pre-split, the shareholder now owned 3 shares.

The cybersecurity leader's stock has nearly doubled since its last stock split in 2022. Palo Alto Networks (PANW -1.67%), one of the world's largest cybersecurity companies, has only split its stock once since its initial public offering (IPO) in 2012. That 3-for-1 stock split occurred after the market close on Sept.

Palo Alto Networks has 7.01% upside potential, based on the analysts' average price target. Is PANW a Buy, Sell or Hold? Palo Alto Networks has a consensus rating of Strong Buy which is based on 31 buy ratings, 6 hold ratings and 0 sell ratings.

Analyst Price Targets

Based on analysts offering 12 month price targets for PANW in the last 3 months. The average price target is $389.05 with a high estimate of $420 and a low estimate of $330.

P/B ratio as of September 2024 : 25.3

According to Palo Alto Networks 's latest financial reports the company has a price-to-book ratio of 25.3. The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Chipotle took the title of one of the biggest stock splits in history, with investors getting 50 shares for every one they owned.

Stock Price Forecast

The 38 analysts with 12-month price forecasts for Palo Alto Networks stock have an average target of 373.37, with a low estimate of 242 and a high estimate of 420. The average target predicts an increase of 7.88% from the current stock price of 346.11.

Turning to Wall Street, analysts have a Strong Buy consensus rating on PANW stock based on 31 Buys, six Holds, and zero Sells assigned in the past three months, as indicated by the graphic below.

According to analysts, PANW price target is 381.79 USD with a max estimate of 420.00 USD and a min estimate of 276.00 USD.

It is evident that while both companies' P/S ratios are higher than the industry average, CrowdStrike's P/S ratio of 25.41 is significantly higher than Palo Alto's 12.24. Investors are willing to pay a higher premium for CrowdStrike due to its faster growth rate and stronger potential for future growth.

What is the stock price forecast for Panw in 12 months? ›

Based on analysts offering 12 month price targets for PACB in the last 3 months. The average price target is $3.06 with a high estimate of $7 and a low estimate of $2.

Palo Alto Networks (NASDAQ: PANW) does not pay a dividend.

The ownership structure of Palo Alto Networks (PANW) stock is a mix of institutional, retail and individual investors. Approximately 62.49% of the company's stock is owned by Institutional Investors, 3.74% is owned by Insiders and 33.77% is owned by Public Companies and Individual Investors.

Intrinsic Value

Compared to the current market price of 345.56 USD, Palo Alto Networks Inc is Overvalued by 55%.

Prior to the Palo Alto Networks share split, the stock was trading at $570. The post-split price stood at $159.12, as of 14 October 2022.

Palo Alto currently has an average brokerage recommendation (ABR) of 1.62, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.)

Palo Alto Networks annual net long-term debt for 2022 was $-0.001B, a 33.33% decline from 2021.

Based on analysts offering 12 month price targets for PACB in the last 3 months. The average price target is $3.06 with a high estimate of $7 and a low estimate of $2.

Cybersecurity giant Palo Alto Networks (NASDAQ: PANW) split its stock in the fall of 2022.

Palo Alto Networks (NASDAQ: PANW) does not pay a dividend.