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Data by YCharts. CrowdStrike's P/E ratio is about 10x higher than Palo Alto Networks', even after its share price dropped due to the July 19 outage. This indicates Palo Alto Networks' stock is a ...
As of Thursday's close, CrowdStrike had a market value of $83.5 billion, with its stock price up 34% this year, according to LSEG data. In comparison, Palo Alto Networks' stock has gained about 10 ...
But the outage could force customers and investors alike to rethink their dependence on the company, opening the door to potential rivals like Palo Alto Networks, which saw its stock rise 1.7% on ...
Nikesh Arora (born February 9, 1968) [2] is an Indian-American business executive. He has been the chairman and chief executive officer of the American cybersecurity company Palo Alto Networks since June 2018. [3] Arora was formerly a senior executive at Google [4] and president of SoftBank Group from October 2014 to June 2016.
Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in over 150 countries ...
In December 2021, the company moved its headquarters location from Sunnyvale, California, to Austin, Texas. [36] In 2023, CrowdStrike introduced CrowdStream service in collaboration with Cribl.io. [37] CrowdStrike has also focused on working with the U.S. government and selling its services to government agencies. [38]
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Ryan Downie, The Motley Fool. July 5, 2024 at 6:14 PM. Shares of Palo Alto Networks (NASDAQ: PANW) climbed 15% in June, according to data provided by S&P Global Market Intelligence. After a poorly ...