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Palo Alto Networks (PANW) – Share price chart, background, and sentiment |
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Palo Alto Networks (PANW) is a leading cybersecurity company which provides digital security solutions to protect organizations from cyber threats. Founded in 2005 by Nir Zuk, a former engineer from Check Point Software Technologies, the company has grown into a major player in the cybersecurity industry, offering a wide range of products and services including firewalls, endpoint protection, cloud security, threat intelligence and security analytics.
Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Headquartered in California, the company’s products are designed to provide advanced protection against cyber attacks, including malware, ransomware, phishing attempts, and other threats. Their main product is a cybersecurity platform integrating various functions including firewalls, but the company also offers SaaS solutions, accounting for a growing part of its returns.
Palo Alto Networks listed its stocks in a 2012 NASDAQ IPO. Since then, the shares have performed strongly as the business has undergone rapid growth. Compared to more growth-orientated tech stocks, Palo Alto’s price rises have been less significant, but this stock also experiences less downwards volatility than speculative stock shares. The largest shareholders are major institutional funds Vanguard and Blackrock.
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