15 AI Stocks to Watch: News and Analyst Ratings

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9. Palo Alto Networks, Inc. (NASDAQ:PANW)

Number of Hedge Fund Holders: 64

Palo Alto Networks, Inc. (NASDAQ:PANW) is a leader in AI-powered cybersecurity.

On November 22, Argus raised the firm’s price target on Palo Alto Networks, Inc. (NASDAQ:PANW) to $443 from $400 and kept a “Buy” rating on the shares. The rating comes after the AI-powered cybersecurity company reported that its total revenue for the fiscal first quarter of 2025 grew by 14% year over year to $2.1 billion, compared with total revenue of $1.9 billion in the year-ago period. The firm states that Palo Alto is a “strong competitor in the highly fragmented but rapidly growing enterprise cybersecurity space”, and raised the firm’s FY25 and FY26 non-GAAP EPS estimates to $6.40 and $7.12, respectively.

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