The Palo Alto Stock Rally: A Cybersecurity Bubble or a Sustainable Leader?
The recent surge in Palo Alto Networks' stock price has left many investors wondering if the company's momentum is sustainable or just another cybersecurity bubble waiting to burst.
As of writing, PANW stock trades at a 96% premium over its five year average, with a forward adjusted P/E ratio of 96. 11 and a sales multiple of 25. 87 – numbers that are difficult to ignore.