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PALO ALTO NETWORKS, INC.

(PANW)
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Tech Data Signs Distribution Partnership with Palo Alto Networks in India & SAARC

09/14/2021 | 11:30pm EDT

Tech Data announced it has signed a distribution agreement for India & SAARC with Palo Alto Networks to provide highly effective and comprehensive cybersecurity offerings. These cybersecurity solutions will enable organizations to deliver innovations that are secure, reliable, scalable, and protect their customers from cyberattacks. The partnership with Palo Alto Networks will allow Tech Data to address many of the security challenges enterprises face, particularly as the pace of innovation continues to accelerate in areas like IoT, big data, and AI. This agreement creates a solid framework for Tech Data to efficiently service its customers and deliver added value to the reseller community backed by the technology and products of Palo Alto Networks. Palo Alto Networks partners can also benefit from Tech Data’s end-to-end approach to cybersecurity. Tech Data offers products and solutions to help enhance any organization’s security practice, from industry experts to security-related and reseller enablement services.


© S&P Capital IQ 2021
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Analyst Recommendations on PALO ALTO NETWORKS, INC.
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Financials (USD)
Sales 2022 5 310 M - -
Net income 2022 -357 M - -
Net cash 2022 1 756 M - -
P/E ratio 2022 -134x
Yield 2022 -
Capitalization 49 105 M 49 105 M -
EV / Sales 2022 8,92x
EV / Sales 2023 7,12x
Nbr of Employees 10 473
Free-Float 97,7%
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Mean consensus BUY
Number of Analysts 37
Last Close Price 504,13 $
Average target price 551,14 $
Spread / Average Target 9,32%
EPS Revisions
Managers and Directors
Nikesh Arora Chairman & Chief Executive Officer
William D. Jenkins President
Dipak Golechha Chief Financial Officer & Executive Vice President
Nir Zuk Director & Chief Technology Officer
Asheem Chandna Independent Director
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