Palo Alto Networks, Inc. is a global cybersecurity provider. Co.'s cybersecurity platforms and services help secure enterprise users, networks, clouds and endpoints by delivering cybersecurity backed by artificial intelligence and automation. It focuses on delivering value in four areas: Network Security, Cloud Security, Security Operations and Threat Intelligence and Security Consulting. Its network security platform delivers complete zero trust solutions to its customers. It enables cloud-native security through its Prisma Cloud platform. We show 49 historical shares outstanding datapoints in our PANW shares outstanding history coverage, used to compute PANW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Palo Alto Networks market cap history over the course of time is important for investors
interested in comparing Palo Alto Networks's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of Palo Alto Networks versus a peer is one thing; comparing
Palo Alto Networks market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like Palo Alto Networks can fluctuate over the course of history.
With this page we aim to empower investors researching Palo Alto Networks by allowing them to research the Palo Alto Networks market cap history. |
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Video: The Importance of Market Cap
