Dear Palo Alto Networks Shareholders - Next Stop $400 Per Share
Palo Alto Networks (PANW) stock has been on a tear. Based on its strong free cash flow and FCF margins, as well as analysts' forecasts, PANW stock could be wort
Palo Alto Networks (PANW) stock has been on a tear. Based on its strong free cash flow and FCF margins, as well as analysts' forecasts, PANW stock could be worth 21% more at over $403 per share. This article will show how this works.
PANW closed up over 9.1% at $332.00 on Monday, June 29. The stock has been on an upward trajectory since its June 2 earnings release for the fiscal Q3 ended April 30, after a brief initial drop.
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Based on my new assessment of Palo Alto Networks' fair market value (FMV) it could be worth between $303 billion and $354 billion. This is between 12.1% and 30.7% higher. That sets its price target 21% higher on average, despite its recent up, or $403 per share.
I discussed its valuation in a recent Barchart article on June 8, "Palo Alto Networks Delivers Strong FCF Margins - Is PANW Worth $350?"
My latest FMV analysis builds on that article.
For example, analysts now project revenue for t
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/dear-palo-alto-networks-shareholders-130002295.html)
Esta información no constituye asesoramiento de inversión. Consulte con un profesional antes de tomar decisiones financieras.