15 Trending AI Stocks on Latest News and Ratings

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

Market Capitalization: $126.65 billion

Palo Alto Networks, Inc. (NASDAQ:PANW) is a global cybersecurity company offering security. Its security solutions are powered by Precision AI, Palo Alto Networks’ proprietary AI system, for detecting and mediating cybersecurity threats.

On November 15, Baird raised the firm’s price target on Palo Alto Networks, Inc. (NASDAQ:PANW) to $425 from $385 and kept an “Outperform” rating on the shares. The firm expects solid profits and good revenue growth from the company, with investors paying attention to FCF and RPO (Remaining Performance Obligations) guidance. Investors will be paying attention given that the company has shifted from billings to RPOs and ARRs (Annual Recurring Revenue), accelerating consolidation on its unified AI-powered cybersecurity platform.

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