Latest news with #Cyberark
Yahoo
2 days ago
- Business
- Yahoo
Palo Alto Networks (PANW) Gets Rating Upgrade on Platformization Momentum
Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the On August 12, Piper Sandler analyst Rob Owens upgraded the stock from Neutral to 'Overweight' with a price target of $225.00 (from $200.00). According to the firm, Palo Alto's early 'platformization' success should reaccelerate bookings growth and prove to be durable as Xsiam traction grows. The company's free cash flow leverage should be more consistent moving forward with annual payments. Meanwhile, the Cyberark (CYBR) acquisition adds a high-quality asset to company's portfolio. Piper sees a favorable share setup from here. A team of actuaries and engineers at a computer looking at the data and finding the best reinsurance solution for a client. 'We are upgrading shares to Overweight with a $225 PT. Our more favorable view is predicated on 1) early platformization success that has helped reaccelerate bookings and should prove durable as XSIAM traction grows (noting channel feedback surrounding platformization has inflected to begin CY'25), 2) more consistent FCF leverage moving forward with annual payments / PAN-FS turning to a tailwind after posing pressure over last two years, 3) the acquisition of CYBR, which simultaneously adds a very high quality asset to PANW's portfolio while filling its largest gap. Altogether, this should help PANW achieve a low-teens CAGR and improved FCF margins, creating a favorable setup from here.' Palo Alto Networks, Inc. (NASDAQ:PANW) is a leader in AI-powered cybersecurity. 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: and Disclosure: None.
CNBC
29-07-2025
- Business
- CNBC
CyberArk shares jump as much as 18% on report of Palo Alto Networks takeover talks
Cyberark shares soared as much as 18% on Tuesday after The Wall Street Journal reported that cybersecurity provider Palo Alto Networks has held discussions to buy the identity management software maker for over $20 billion. Representatives of the two companies didn't immediately respond to requests for comment. Cloud security is becoming an increasingly critical piece of the enterprise tech stack, especially as rapid advancements in artificial intelligence bring with them a whole new set of threats, and as ransomware attacks become more commonplace. Founded in 2005, Palo Alto Networks has emerged in recent years as a consolidator in the cybersecurity industry and has grown into the biggest player in the space by market cap, with a valuation of over $130 billion. CEO Nikesh Arora, who was appointed to the job in 2018, has been on a spending spree, snapping up Protect AI in a deal that closed in July, and in 2023 buying Talon Cyber Security, Dig Security and Zycada Networks. But Cyberark would represent by far Arora's biggest bet yet. The Israeli company, which went public in 2014, provides technology that helps companies streamline the process of logging on to applications for employees. Cyberark faces competition from Microsoft, Okta and IBM's HashiCorp. Another rival, SailPoint, returned to the public markets in February. With Tuesday's rally, Cyberark shares climbed to a record, surpassing their prior all-time high reached in February. The stock is up 29% this year, pushing the company's market cap to almost $21 billion, after jumping 52% in 2024. Palo Alto shares, meanwhile, slid 3.5% on the report and are now up about 9% for the year. Representatives from Palo Alto Networks and Cyberark didn't immediately respond to requests for comment. During the first quarter, Cyberark generated around $11.5 million in net income on around $318 million in revenue, which was up 43% from a year earlier. It's been an active stretch for big deals in the cyber market. Google said in March that it was spending $32 billion on Wiz, its largest acquisition on record by far, and a purchase intended to bolster its cloud business with greater AI security technology. Networking giant Cisco also made its biggest deal ever in the security space, buying Splunk in 2023 for $28 billion. Splunk's technology helps businesses monitor and analyze their data to minimize the risk of hacks and resolve technical issues faster.
Yahoo
19-07-2025
- Business
- Yahoo
Mizuho Raises Microsoft (MSFT) Price Target to $540, Reiterates Outperform on AI Strength
Microsoft Corporation (NASDAQ:) is one of the . On July 16, Mizuho analyst Gregg Moskowitz raised the price target for the stock from $500 to $540, while maintaining an 'Outperform' rating. The affirmation comes as part of a Q2 earnings preview for the software group. According to Mizuho, Q2 checks by the firm have been good overall, characterized by 'generally healthy' cybersecurity demand and 'very strong' artificial intelligence adoption. However, several contacts have noted that there were a few more delays in deal completions. This may limit fundamental upside in this quarter. Two of Mizuho's favourite stocks to own this quarter are Microsoft and Cyberark. This is especially true ahead of the earnings release for the former. Asif Islam / Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. While we acknowledge the potential of MSFT 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: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-07-2025
- Business
- Yahoo
Mizuho Raises Microsoft (MSFT) Price Target to $540, Reiterates Outperform on AI Strength
Microsoft Corporation (NASDAQ:) is one of the . On July 16, Mizuho analyst Gregg Moskowitz raised the price target for the stock from $500 to $540, while maintaining an 'Outperform' rating. The affirmation comes as part of a Q2 earnings preview for the software group. According to Mizuho, Q2 checks by the firm have been good overall, characterized by 'generally healthy' cybersecurity demand and 'very strong' artificial intelligence adoption. However, several contacts have noted that there were a few more delays in deal completions. This may limit fundamental upside in this quarter. Two of Mizuho's favourite stocks to own this quarter are Microsoft and Cyberark. This is especially true ahead of the earnings release for the former. Asif Islam / Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. While we acknowledge the potential of MSFT 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: and Disclosure: None. 登入存取你的投資組合
