PANW - Started moving againThis has been consolidating in a pullback and now it's moving again.
This is not an easy one to trade, I prefer to position this in commons.
Target 1 - 380
Target 2 - 392
5AP trade ideas
Potential Breakout in Palo Alto NetworksPalo Alto Networks has been rangebound most of the year, but now the cybersecurity firm could be breaking out.
The first pattern on today’s chart is the series of lower highs since August 20. PANW pushed against that trendline last week and broke it on Tuesday.
Second, the 50-day simple moving average (SMA) is above the 100-day SMA. Both are above the 200-day SMA. That kind of sequence, with faster averages above slower averages, may reflect a longer-term uptrend.
Next, higher quarterly lows are also potentially consistent with a longer-term uptrend.
Finally, Bollinger Band Width shows narrowing volatility. Will that tight range of motion give way to faster movement?
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Palo Alto Network Bullish break out of the flag and recent filling up the bearish gap signify a possible bullish return of the stock. Will continue to add and punt.
Palo Alto Networks Surge 5.4% Amidst Cybersecurity BoomPalo Alto Networks (NASDAQ: NASDAQ:PANW ) has emerged as a key player in the booming cybersecurity industry, as the demand for robust cyber defense solutions surges across enterprises worldwide. With the rise of ransomware attacks, data breaches, and an increasingly complex digital environment, NASDAQ:PANW has experienced strong momentum in both stock performance and financial growth. Backed by its industry-leading cybersecurity solutions and a strong strategic alliance with Tata Communications.
Robust Financials and Strategic Partnerships
Palo Alto Networks (NASDAQ: NASDAQ:PANW ) has seen a remarkable turnaround in its financial performance in recent years. In 2022, after years of losses, the company finally achieved profitability thanks to the rapid rise in cybersecurity demand. This trend has continued, with the company posting strong financial results in its Q4 FY2024 presentation. The stock, which traded in the $50 range in 2019, has soared to over $300 in 2024, reflecting Palo Alto’s growing dominance in the sector.
One of the critical factors driving this success is the company's ability to stay ahead of the curve in cybersecurity innovations. As ransomware attacks increase—up by over 50% since 2022—corporations are turning to Palo Alto Networks (NASDAQ: NASDAQ:PANW ) to safeguard their digital infrastructures. This trend has positioned NASDAQ:PANW as a market leader, securing the largest share of the global cybersecurity industry.
Palo Alto Networks (NASDAQ: NASDAQ:PANW ) recently expanded its reach through a strategic collaboration with Tata Communications, a global leader in digital transformation. This partnership, announced on October 8, 2024, will deliver a unified, cloud-based cybersecurity platform aimed at enterprises dealing with increasingly sophisticated cyber threats. Tata Communications will leverage Palo Alto’s leading-edge technologies to offer enhanced cyber resilience for global businesses, particularly in sectors like network and cloud security, threat detection, and security assessments.
The collaboration will bring several key benefits to enterprises, including:
- Proactive threat isolation and response through a unified, cloud-delivered security solution, powered by Palo Alto’s Zero Trust Network Access (ZTNA) 2.0 and Secure Access Service Edge (SASE).
- Cost efficiencies by consolidating multiple security vendors into a single managed provider.
- Optimized security posture with simplified deployment and real-time analytics for quicker threat detection.
Technical Analysis: Poised for a Breakout
From a technical perspective, Palo Alto Networks (NASDAQ: NASDAQ:PANW ) is displaying bullish signals that point toward potential new highs. At the time of writing, the stock is up 4.81%, trading in a modest bullish terrain while forming a symmetrical triangle pattern—a classic continuation pattern that often leads to breakouts.
The RSI (Relative Strength Index) currently sits at 59, which is in neutral territory but edging toward bullish momentum. This places the stock in a position to test the resistance pivot at $380. Should PANW breach this resistance level, it could catalyze a new bullish trend, sending the stock to even higher levels. The stock is also trading above key moving averages, with the price action running in tandem with the RSI, supporting further upward movement.
Additionally, the cybersecurity sector as a whole is experiencing increased investor interest due to rising cyberattacks and stricter regulatory requirements, which bodes well for companies like Palo Alto Networks (NASDAQ: NASDAQ:PANW ) that lead in this space.
Why Palo Alto Networks is a Strong Buy
The combination of Palo Alto Networks’ solid financials, strategic partnerships, and strong technical setup make it a compelling investment in the cybersecurity space. The company’s ongoing profitability, bolstered by increasing global demand for cybersecurity solutions, sets the stage for continued growth. The partnership with Tata Communications adds an additional layer of credibility, as the two companies work together to address the evolving cyber threat landscape through cutting-edge technologies.
Investors should also take note of the bullish symmetrical triangle pattern forming on the stock's price chart, with the potential to break above the $380 resistance level. Coupled with a strong RSI and positive momentum, Palo Alto Networks (NASDAQ: NASDAQ:PANW ) is primed for growth in the near term.
For those seeking exposure to the cybersecurity industry, Palo Alto Networks offers a strong balance of financial health, innovation, and technical growth potential. As cyber threats continue to rise globally, PANW’s market leadership and strategic positioning make it a stock worth watching closely.
PANW Target around 348-350
Target around 350. Looking at the indicators.
@TradingAsPassion @optionsGPT
PANW bullish , 100% retracement then above 50% pullbackThis is what I found in most bullish and bearish retracements , once you get 100% retracement of up or down move then next level is normally 1.618. If it retrace up to 50% after 100% then it's even more bullish, if it goes under 50% after 100% then it's super bearish.
PANW (PALOALTO NETWORK) STOCK ANALYSIS AND FORECASTPANW (PALOALTO NETWORK) STOCK ANALYSIS AND FORECAST
This stock is likely to fall to the $350 to $346 zone before a likely push-up.
If the buying momentum and fundamentals are good enough, it may push as high as its ATH or even above.
$PANW PT; $600 (More Cyber Attacks Inbound?!) #WhiteBoySummerpt2Eyes notate 3 instances of "Scuffed" "W" Double Bottoms ---> Into New #ATHs
116 Billion valuation , 250 Billion 1/4 T that crazy nowadays?
Pelosi on board... People thought my old NVDA targets were wild (pre-split)... She was on board their too... We all have our confirmation signals, this at new ATHs is chaseable/rideable for a few weeks... QQQ island bottom SPY V recoVery , JPow per usual the day heading into ATH gap down...
JPow = The Architect haha
The Architect of #WhiteBoySummerpt2.0 IN PROGRESS
Can Palo Alto Networks Sustain Its Cybersecurity Dominance?Palo Alto Networks has cemented its status as a cornerstone in the cybersecurity industry with a stellar Q4 performance. Their ability to not only meet but exceed expectations, coupled with a strategic pivot towards platformization, positions the company at the forefront of a rapidly evolving landscape.
The company's financial results are a testament to its operational efficiency and strategic acumen. The impressive growth in Next-Generation Security ARR underscores the market's confidence in Palo Alto Networks' ability to deliver innovative and effective security solutions. This, combined with the company's strong balance sheet and cash flow generation, provides a solid foundation for future growth.
However, the cybersecurity arena is characterized by constant evolution, with emerging threats and technological advancements demanding continuous adaptation. Palo Alto Networks will need to maintain its focus on research and development, while also expanding its market reach to sustain its leadership position. The company's success in navigating these challenges will be crucial in determining its long-term trajectory.
Investors will be keen to monitor Palo Alto Networks' ability to execute its platformization strategy and expand its customer base. Additionally, the company's financial performance against the backdrop of a potentially slowing economy will be a key indicator of its resilience.
Ultimately, Palo Alto Networks' capacity to innovate, adapt, and deliver exceptional value to its customers will be instrumental in shaping its future success.
Palo Alto Networks (PANW) Delivers Strong Q4 EarningsPalo Alto Networks (NYSE: NASDAQ:PANW ) recently reported its fiscal fourth-quarter earnings for 2024, surpassing Wall Street expectations and reinforcing its position as a leader in the cybersecurity sector. The company's robust performance, driven by strategic platform expansion and continued innovation, has not only pleased investors but also sent a positive signal to the market about its long-term growth prospects. Here, we explore the earnings report's highlights, its technical implications, and what it means for investors moving forward.
Earnings Highlights: Strong Performance Across the Board
In its Q4 2024 report, Palo Alto Networks (NYSE: NASDAQ:PANW ) recorded a revenue of $2.18 billion, marking a 12% year-over-year increase. This growth slightly exceeded analysts' projections and was a testament to the company’s "strong execution" of its platformization strategy, as noted by CEO Nikesh Arora. The company’s net income also surged to $357.7 million, or $1.01 per share, surpassing analysts' estimates and reflecting the effectiveness of its business model.
For the full fiscal year 2024, Palo Alto Networks (NYSE: NASDAQ:PANW ) reported $8.03 billion in revenue and $2.58 billion in net income, both figures exceeding market expectations. This strong performance underscores the company’s ability to scale its operations and maintain profitability in a competitive and evolving industry.
Platformization Strategy: A Game-Changer
Palo Alto Networks' platformization strategy has been a critical factor in its recent success. The company has consolidated its cybersecurity services into a unified platform, offering clients a comprehensive suite of tools to protect against a wide array of digital threats. This strategy not only simplifies cybersecurity for its customers but also positions Palo Alto as a one-stop shop in an increasingly complex market.
The shift towards a platform-based approach has allowed Palo Alto to bundle its offerings, improving customer retention and expanding its market share. CEO Nikesh Arora highlighted that the company is focused on scaling its Next-Generation Security business, which includes cloud security suite Prisma and the AI-powered Cortex portfolio. This focus is expected to drive continued growth and innovation as Palo Alto heads into fiscal 2025.
Technical Analysis: A Closer Look at PANW Stock
From a technical perspective, NASDAQ:PANW stock has shown impressive strength throughout 2024, gaining over 16% year-to-date. After the earnings release, the stock saw a modest 1.9% increase in after-hours trading, reaching $349.90. During regular trading hours on the day of the earnings announcement, the stock climbed 2.8% to $343.36, signaling investor confidence in the company’s future. As of the time of writing, Palo Alto Networks ( NASDAQ:PANW ) stock is up 2.57% in Tuesday's premarket trading.
Key Technical Indicators:
1. Moving Averages: NASDAQ:PANW stock is trading above its 50-day and 200-day moving averages, which are critical levels for gauging the overall trend. The stock’s position above these averages indicates a strong upward trend, suggesting that investors remain bullish on Palo Alto's prospects.
2. Relative Strength Index (RSI): The RSI for NASDAQ:PANW stock currently sits around 59 as of yesterday's market close, which is below the overbought threshold of 70. This suggests that while the stock has gained significantly, it still has room to run before reaching overbought conditions, indicating potential for further upside.
3. Volume: Trading volume following the earnings announcement was higher than average, reflecting strong market interest and reinforcing the stock’s bullish momentum.
4. Support and Resistance Levels: The stock has established a solid support level around $320, while resistance is observed near $355. A breakout above the resistance level could signal a new leg up, potentially pushing the stock towards new highs.
Future Outlook: Guidance and Strategic Focus
Looking ahead, Palo Alto Networks (PANW) has provided optimistic guidance for fiscal 2025, projecting revenue in the range of $9.1 billion to $9.15 billion. The company’s focus on expanding its cloud-based security offerings and driving innovation through its platformization strategy positions it well to capitalize on the growing demand for cybersecurity solutions.
Additionally, Palo Alto Networks ( NASDAQ:PANW ) has announced a $500 million share buyback program, which is likely to support the stock price and provide additional value to shareholders. This move, combined with the company’s strong fundamentals and strategic focus, suggests that PANW stock remains an attractive investment for those seeking exposure to the cybersecurity sector.
Conclusion: Is PANW a Buy?
Palo Alto Networks ( NASDAQ:PANW ) has demonstrated strong financial performance and strategic execution, making it a compelling investment in the cybersecurity space. The company’s technical indicators also support a bullish outlook, with the stock poised for potential gains in the near term. Investors should consider Palo Alto’s robust growth prospects, strategic focus, and technical strength when evaluating whether to add PANW to their portfolios.
As with any investment, it’s essential to keep an eye on market conditions and the broader economic landscape, but Palo Alto Networks’ solid fundamentals and strong technical profile make it a stock worth watching in the coming quarters.
8/19/24 - $panw - r/r ambiguous at $334, sidelines into print8/19/24 :: VROCKSTAR :: NASDAQ:PANW
r/r ambiguous at $334, sidelines into print
- i think among the cyber names this one is the bluest of chips (notably after NASDAQ:CRWD had it's "snafu" - though i think there's more here than meets the eye and i've written about it)
- 3.5% cash gen (half of that is stock comp - but gets a pass b/c the company/ leadership and stock price are up to the right). this number is better than cash yields given growth.
- let's look at the expected EPS growth beyond just 24 vs 23 (because this year is over as far as how wallstreet looks at things), so 25/24 and 26/25... low teens growth. this is hardly "great" and i think part of what informs my sidelines. if it were even high teens or better 20s, i'd say "scarce and growth good enough". but what's weird here is that a beat probably raises the '24 # and to a slightly lesser extent '25 and '26 which further grow multiples on stock and looks more expensive.
- on the other hand, a miss and this thing looks like it trades at 60x this year and 54x '25... which isn't cheap for these EPS growth rates in the outer years we're referring to.
- so ambiguious b/c this asset for all intents and purposes *should* continue to trend higher. but the valuation requires a sizeable beat to maintain it's upward trajectory. the chart has a nice gap to fill higher in the $360s which is den in play (that's 10% higher, nothing to scoff at). on the other hand, a miss probably does a similar move. if something's truly broken or we we get a weird guide, maybe 15% off. I have a hard time understanding why this thing sells off 20%. so the risk is pretty balanced. for that reason, i typically don't like to take shots. put a gun to my head... stock is up on earnings. but it's a 6/10 conviction guess and i typically just watch these from the sidelines and act ex post.
lmk if you see it differently.
V
Palo Alto (PANW): A Golden Pocket OpportunityPalo Alto's chart is looking particularly promising in a market where many stocks seem to be constantly soaring. These defined ranges present a strong trading opportunity, which we're closely monitoring. It appears that Palo Alto has completed its Wave (3) and is now in the midst of Wave (4). We anticipate that Wave (4) will conclude within the 38.2% to 61.8% Fibonacci retracement levels, providing a potential entry point.
The golden pocket around the 61.8% level is particularly intriguing, though we haven't highlighted the 50% retracement as it doesn’t align with key support levels. We see two potential scenarios for Palo Alto: a correction to the 38.2% level, meeting the support zone around $249, or a deeper retracement into the broader support area and golden pocket between $191 and $160.
If we take a long position at the first support zone, we would likely move the stop loss quickly to secure the position, with plans to add to our position if the price drops further into the lower support range. For now, we're waiting on the sidelines, keeping a close watch on the upcoming earnings call. If it brings any significant news, we’ll outline our strategy for PANW.
PANW breakout expected . US Stock335 above breakout possible
338/342/346/350 min. to test
above 350 - 360/370 can test
will review after test 350
$PANW Earnings Runup & Chart SetupBreaking down the potential runup for NASDAQ:PANW ahead of earnings, along with a possible strategy to capture volatility. Keep an eye on key levels and timing for optimal entry and exit points.
PANW IdeaThere was some hype about this stock after the news of Nancy Pelosi getting in on the action in the options market after the infamous slam dunk on the NVDIA stock, so I decided to russell up a little exotic background for the future that might come. As you can see I don't envision a highly bullish path for this one on the longer run, it could get bumpy, but this is good news, as swings can be traded with the right pivots. Considering the background and the hype, it is possible that after any drop, the herd will dive in hoping to buy the dip. Hence, swings and bounces, even though I have a high rectangle lurking above signifying resistance.
All elements in the snapshot are potential support and resistance while the curves might highlight bigger forces at play that can influence the price. If these elements are broken, the picture changes.
I decided to post now because I like the setup at the green rectangle I developed right after the news of the Pelosi bet (several days ago). Since then I have been watching this stock and was wondering what will actually happen in this murky water of cybersecurity, which is a sector I am highly bullish biased on for several reasons.
Happy hunting. Hope it will be as successful as the Pin Ball on Apple. That one has already 4 or 5 bounces from shapes.
PANW Cup&Handle confirms strong uptrend?I find a recently confirmed Cup&Handle formation on PANW, which comes handy when the fundamentals are so strong, with AI creating bigger cybersecurity threats and the need for more sophisticated solutions to that. PANW is poised to monetize strongly on this phenomenon.
PANW - In middle of a big move PANW’s big move started already and bull flagging here for the continuation.
Long here anywhere
Target 1 - 340
Target 2 - 360
Target 3 - 380, after a pullback
Stop loss - 300
PANW Breaks Out! Chart Analysis and Trade SetupThe current situation at the company
Palo Alto Networks reported robust financial results, with total revenue hitting $1.98 billion, a solid 15% year-over-year increase. Their Next-Generation Security (NGS) Annual Recurring Revenue (ARR) soared to approximately $4 billion, up 47% from the previous year. These numbers underscore Palo Alto Networks' strong positioning in the cybersecurity market, fueled by increasing demand for advanced security solutions.
These results highlight PANW 0.79%↑, a solid position in the cybersecurity sector amidst increasing demand for advanced security solutions.
Strategically, Palo Alto Networks made significant moves, including a $500 million deal with IBM to acquire QRadar assets. This acquisition not only expands their cybersecurity offerings but also strengthens their market presence. However, the impact on revenue from this acquisition is expected to be modest for FY 2025 due to deferred revenue recognition, showcasing a careful approach to integration and financial management.
Financially, PANW improved its operating margins by 200 basis points compared to last year, with operating income growing by 25%.
Despite these gains, the company anticipates a slight dip in non-GAAP EPS for Q4 FY 2024, projecting earnings in the range of $1.40 to $1.42, a decrease of 1% to 3% year-over-year.
Looking ahead, I remain optimistic about the rest of FY 2024. With continued growth expected in billings, revenue, and next-generation security ARR, the company is well-positioned to capitalize on the increasing demand for cybersecurity solutions worldwide.
PANW recently exhibited a classic cup-and-handle pattern, suggesting strong potential for bullish momentum.
Since the end of June, the stock entered a consolidation phase, following the breakout of the handle. During this period, trading volume decreased, typical for such formations, signaling potential accumulation by institutional investors.
The breakout above the handle's high at $326 was accompanied by increased trading volume, confirming the bullish continuation. PANW swiftly surged past previous highs, to further validate the pattern's signal.
Looking ahead, I think there is still room for upside potential. Based on historical precedents of cup-and-handle patterns, which often lead to substantial price gains, PANW could see a continuation of its upward trajectory and fill the gap to $364.
PANWI found this idea worth my attention. Price has printed a clear resistance (3 points/ touches), expecting a break-out and Resistance/ Support flip.
Targets - to close the gap and test the high. Trade safe
PANW Ascending Triangle Break OutPANW has a really beautiful setup. The weekly chart shows us a inside weekly hammer candle at the highs of that mother bar. We have the rest of the gap to fill above.
The daily chart provides continuous bullish price action (ascending triangle), looking to break and hold above $342.44 resistance level. If we can continue upside, I've provided some targets to go after.
Looking to open some swing calls on this, Possibly $355c or $360c 7/19 exp. (short swing)
If this breaks below the trend line support + below $338.48 (PDL), then this thesis is invalid.
Palo Alto Networks PANW - Nancy Pelosi Play?PANW may defy the odds. While other stocks are pulling back, PANW may find support at the 200 Day EMA blue line. Also there is a gap in price above the current price. Plus Nancy Pelosi has over $500,000 in this play. You know how she keeps winning. Does she know something we don't? Leap Options may be in order.
PANW at it's peak?It's in the overbought area and last time in this range, it had a drastic correction. Looks like it could go sideways at this level for 1-2 weeks, looking for it to cross over with a stronger signal for a correction again
$PANW $357 gap fill?NASDAQ:PANW currently above daily resistance level. It has earnings gap filled to the upside. MACD is almost flat also RSI and William% range showing bullish divergence. at the same time it's entering volume gap. My pt for this chart is $357.
