Palo Alto Networks Inc.’s stock is up 40% from its February low — but a Guggenheim analyst questions whether the cybersecurity name will be able to continue defying doubts.

Fintel reports that on January 6, 2025, Guggenheim downgraded their outlook for Palo Alto Networks (NasdaqGS:PANW) from Neutral to Sell. Analyst Price Forecast Suggests 17.57% Upside As of December 23,

In contrast to Palo Alto's positioning in network security, CrowdStrike dominates in endpoint protection, securing end-user devices as they access network data across an increasingly diverse Internet of Things (IoT) ecosystem.

Palo Alto Networks must execute well in a competitive market. Learn why PANW stock’s pricey valuation leads to a cautious outlook until a better price is found.

Palo Alto's management calls out a huge tailwind in the cybersecurity industry called "platformization." This is when a company uses a single provider for most of its cybersecurity needs, rather than piecing together parts from various vendors. This is CrowdStrike's strategy as well, and it makes these two formidable foes.