Palo Alto Networks 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. Co. is a provider of zero trust solutions, starting with zero trust network access to secure remote hybrid workforces and extending to securing users, applications and infrastructure with zero trust principles. Co.'s network security platform, which includes Co.'s Machine Learning-Powered Next-Generation Firewalls, available in a number of form factors, including physical, virtual, and containerized appliances, as well as a cloud-delivered service. We show 43 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 PANW market cap history over the course of time is important for investors
interested in comparing PANW'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 PANW versus a peer is one thing; comparing
PANW 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 PANW can fluctuate over the course of history.
With this page we aim to empower investors researching PANW by allowing them to research the PANW market cap history. |