Baird Keeps Buy Rating on Palo Alto Networks (PANW), Reiterates PT
The analyst noted that the company is heading into its fiscal fourth quarter with favorable conditions. Kothari expects the revenue and annual recurring revenue to grow significantly year-over-year due to easier comparison. Moreover, the company acquired CYBR, and the analyst believes that this strategically improves the company's platform. He also likes the current valuation of the company, making it an attractive risk/reward situation.
A cutting-edge computer lab full of IT experts monitoring the security of multiple systems.
Palo Alto Networks, Inc. (NASDAQ:PANW) provides AI-powered security solutions for networks, cloud environments, and security operations.
While we acknowledge the potential of PANW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
an hour ago
- Business Insider
Parts of Europe are suspending postal shipments to the US — and your order may not arrive
Postal services operated by Norway, Sweden, Denmark, and Belgium — Posten Bring, PostNord, and bpost — said they will suspend parcel shipments to the US ahead of the end of a customs exemption that allows low-value packages to enter the country duty-free. The conundrum facing postal operators comes as the Trump administration prepares to suspend the " de minimis" exemption starting on August 29. The exemption used to allow international shipments under $800 to cross the border with minimal paperwork and no duties. Now, these shipments will face tariffs, and not every operator can handle the customs declaration paperwork, have a payment mechanism in place, or be responsible for returns should a receiver refuse to pay tariffs. It's unclear when the temporary freeze on shipments will resume. "Due to the short timeframe to adapt to the new specific requirements, PostNord will temporarily halt shipments to the United States and Puerto Rico until a compliant solution has been developed and implemented," wrote the operator owned by the Swedish and Danish governments in a statement on Wednesday. Separately, Posten Bring, Norway's primary postal provider operated by the government, said in a statement that postal services have not been given clear instructions and solutions on how the duties will be paid or who would be responsible for returns. Therefore, Posten Bring sees suspension as the "only option." All three European postal services will suspend shipments starting August 23, which applies to all packages other than letters. This means that if you have a pending purchase that is not shipped by the deadline, your seller may need to cancel your order or arrange alternatives. But even if you're not purchasing from these specific European countries, your shopping options might still dwindle and become more costly. Etsy, the US e-commerce giant and a hub for independent crafters, posted a notice Wednesday that shipping label purchases for Australia Post, Canada Post, Evri, and Royal Mail for US-bound packages will be temporarily suspended starting August 25. Etsy wrote in a statement that these operators are unable to support prepaid duties at the moment, which may result in a large number of rejected packages due to unpaid duties and surprise costs for buyers not listed at checkout. Across social media platforms, many independent sellers based in the UK are also announcing that they can no longer support orders to the US, citing the introduction of an $80 flat fee plus handling charges for using Royal Mail to ship parcels to the US. "We hope to resume shipping as soon as we can, but we really don't want our customers to be hit with an $80+ fee," wrote the Citrine Circle, a UK-based crystal shop, on Instagram. "It feels like the world is getting smaller and smaller."
New York Times
an hour ago
- New York Times
How Trump Is Forcing Foes to Pay Up
Seven months into the second Trump administration, the president has picked fights with colleges, law firms, trading partners and private businesses, threatening them with investigations, tariffs or other consequences as he seeks to enact his agenda. And he has also offered them a simple way out of their Trump-instigated troubles, one that would hardly seem out of place in the clubby, mob-connected Manhattan he came up in: Pay up. And so they are. One by one, the president's foes — and even some of his purported allies — are agreeing to spend big on his terms, either so they can go about their business or avoid something worse. Some of the president's critics see it as nothing less than extortion. New reporting from my colleagues shows that Trump personally interceded as his aides negotiated with Columbia University, insisting they secure a $200 million payment on top of the policy changes it had already committed to make. And it's not just Columbia. Other colleges: Brown University agreed to pay $50 million to state work force development programs to keep its government funding in place, and an emerging agreement between Harvard and the government could see the university spending $500 million in a bid to maintain its federal funding and make a litany of federal investigations go away. Trading partners: The president has urged trading partners to show him the money in the form of investments as a way to avoid steeper tariffs, something my colleague Alan Rappeport described as directly injecting his 1987 autobiography, 'The Art of the Deal,' into trade policy. ('The dollar always talks in the end,' Trump and his co-author Tony Schwartz wrote in that book, which helped propel Trump to new heights of fame and cement his business-savvy image.) Private companies: The Trump administration said it would issue licenses to two companies wishing to sell A.I. chips in China, Nvidia and Advanced Micro Devices, only after those businesses took the unusual step of agreeing to give the federal government a 15 percent cut of those sales. It was a highly unusual agreement, my colleague Tripp Mickle wrote, but one the companies felt they had no choice but to make. The administration is also discussing taking a 10 percent stake in Intel, the struggling chip-maker, Tripp and Lauren Hirsch reported this week. Law firms: Elite law firms ponied up nearly $1 billion in pro bono legal services after they were targeted with punitive executive orders or other threats. Trump has hinted that he'll draw on it as a kind of personal legal war chest, and my colleagues reported today that two of the firms are said to be doing free work for the Commerce Department. It is not unusual for the federal government to reach settlements with entities it has investigated as they seek to avoid trials or other drawn-out proceedings. But it is unusual for a president to personally — and sometimes publicly — push for such payments himself with the full force of the federal government behind him. The approach, however, is consistent with the highly personalized and transactional approach Trump honed over his decades in New York. To him, leverage was everything, money is power — and he always looked for a way to come out on top. Want all of The Times? Subscribe.
Tom's Guide
an hour ago
- Tom's Guide
Nintendo might be forced to raises prices on the Switch 2, says analyst — tariffs to blame
Next year, console gaming may not be the respite that you expect, thanks to rising prices for every console. With Sony announcing unilateral PS5 price increases in the U.S., one analyst suggests that Nintendo could follow suit and bump up the Switch 2. Analyst Daniel Ahmad said that Nintendo could raise Switch 2 prices, but not until 2026. As an aside, Nintendo also explored raising prices on Switch 2 when tariffs were temporarily at 10% for Vietnam. Now they're at 20%. This is definitely impacting margins for them. While they may not be willing to raise prices right now, I can see them reconsidering next year. 20, 2025 "While they may not be willing to raise prices right now, I can see them reconsidering next year," Ahmad wrote on X. He said that Nintendo had explored raising Switch 2 prices earlier this year but backed off. New tariffs may impact any future Nintendo pricing decisions. Earlier this year, Nintendo raised prices on every Switch model and a number of Switch and Switch 2 accessories, including the Joy-Con 2 controllers and the Switch 2 Pro Controller. The Switch 2 was spared, but Nintendo warned that "market conditions" could change that. Nintendo Switch 2 takes what worked about its best-selling predecessor and makes impactful upgrades across the board. From the excellent, and noticeably larger, 7.9-inch display to the more powerful internal specs, the Switch 2 is a full leap forward and the best hybrid console you can buy. Nintendo Switch 2: $449 @ Best Buy Currently, the Switch 2 costs $449 for the console. The Mario Kart World bundle will set you back $499. Nintendo already announced that a Pokémon Z-A bundle is coming in October, which is currently available for pre-order at $499. It's possible that Nintendo is waiting out the release of that bundle or the holiday season before bumping prices in early 2026, especially as it attempts to hit internal sales goals. Get instant access to breaking news, the hottest reviews, great deals and helpful tips. The latest Nintendo handheld has been a success for the company, selling more than 6 million consoles since it launched in June. The company has said it expects to sell 15 million Switch 2s before the end of March 2026. Many companies are using "market conditions" as a way to say tariffs without actually using the word when announcing price increases this year. Like many other major tech companies including Apple, Nintendo has been moving production out of China to places like Cambodia and Vietnam in an attempt to avoid President Trump's fluctuating tariffs. It hasn't worked. At one point in the spring, Vietnam faced a 46% tariff, which was later reduced to a global 10% tax. That number leapt to 20% at the beginning of August Trump currently faces several lawsuits alleging that he doesn't have the authority to enact such sweeping tariffs without Congress. Those lawsuits will take time to resolve; in the meantime, the tariffs are here and affecting your wallet. Nintendo may not have raised the price of the Switch 2 yet, but it's not alone. As mentioned above, Sony announced today (August 20) that every PlayStation 5 model is seeing a $50 price increase across the board. In May, Xbox introduced even steeper prices when it raised the price of every Xbox console by $100. The cheapest 512GB Xbox Series S now starts at $379, while the standard Xbox Series X will set you back $599. Tariffs are also affecting the forthcoming Asus ROG Xbox Ally handheld console. Pricing was supposed to be announced during Gamescom 2025. However, that news was held back with Asus promising "pricing and pre-order details will follow in the coming weeks." Current cost rumors put the new handhelds squarely in premium territory. Additionally, Microsoft announced that it would start selling $80 games this coming holiday season. An admittedly not-too-surprising announcement, considering Nintendo broke the $80 seal with the Switch 2. Both of the company's first-party Switch 2 titles, Mario Kart World and Donkey Kong Bananza, will set you back $80. Follow Tom's Guide on Google News to get our up-to-date news, how-tos, and reviews in your feeds. Make sure to click the Follow button.
