Why Palo Alto Networks Stock Plummeted by More Than 5% Today
Several analysts poured cold water on the company following its announcement of a huge purchase.
| Ticker |
CYBR
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| CIK | 0001598110 |
| SIC | 7372 |
| Sector | Services |
| Industry Category | Computer Software |
| Industry Group | Services – Computer Programming And Data Processing |
| Address | 9 HAPSAGOT ST., PARK OFER B, P.O. BOX 3143, PETACH-TIKVA, L3, 4951040 |
| Website | cyberark.com |
| Phone | 97239180000 |
| CEO | Ehud Mokady |
| Employees | 2,140 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Why Palo Alto Networks Stock Plummeted by More Than 5% TodaySeveral analysts poured cold water on the company following its announcement of a huge purchase. Cyberark's Slowing Revenue May Have Influenced Acquisition by Palo Alto Networks, UBS SaysCyberArk Software's (CYBR) $25 billion acquisition by Palo Alto Networks (PANW) may have been influe Israeli cyber startup Noma Security raises $100 million in private funding roundIsraeli cybersecurity startup Noma Security, whose platform secures enterprise data and AI models against AI agents, said on Thursday it raised $100 million in a private funding round, bringing total funds raised to date to $132 million. Israel's cyber security sector has been active of late and many startups have raised significant sums in funding rounds and in mergers and acquisitions. A surge in cyberattacks, including data breaches and ransomware, has driven demand for more comprehensive defences and fueled interest in cyber firms. KeyBanc downgrades Palo Alto Networks on CyberArk acquisition concernsInvesting.com -- KeyBanc Capital Markets downgraded Palo Alto Networks (NASDAQ:PANW) to Sector Weight from Overweight saying there are strategic concerns tied to the company’s planned acquisition of identity security firm CyberArk.The brokerage said it sees limited synergy between Palo Alto’s core focus on network and security operations and CyberArk’s specialization in identity access management. “We think customers will prefer to use an independent vendor solely focused on identity,” analysts Meta, Microsoft upgraded: Wall Street's top analyst callsMeta, Microsoft upgraded: Wall Street's top analyst calls |