Palo Alto Networks Stock: IBM Partnership, A Game Changer In The AI Era (NASDAQ:PANW) | Old North State Wealth News
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Palo Alto Networks Stock: IBM Partnership, A Game Changer In The AI Era (NASDAQ:PANW)

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Investment Thesis

Last time I talked about Palo Alto Networks (NASDAQ:PANW), I discussed the company’s Q2 performance and argued how the company’s pivot to platformization is a smart decision for long-term growth. My rating

Forward P/E Approach

Price Target

$344.00

Projected Forward P/E Multiple

51.3x

Projected FY24 EPS

$5.57

Projected PEG Ratio

2.5

FY25 Earnings Growth

20.5%

Projected FY25 EPS

$6.71

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