{"id":17344,"date":"2023-03-12T23:56:00","date_gmt":"2023-03-12T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=17344"},"modified":"2025-07-13T10:46:07","modified_gmt":"2025-07-13T02:46:07","slug":"palo-alto-networks","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/","title":{"rendered":"How Palo Alto Networks, a rare long-term continuous and stable growth security giant, makes money?"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Company_bio\" >Company bio<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Company_History\" >Company History<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Main_product\" >Main product<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#What_is_special_about_Palo_Alto_Networks\" >What is special about Palo Alto Networks?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Business_still_grow\" >Business still grow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Focus_on_internet\" >Focus on internet<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Not_firewall_only\" >Not firewall only<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Keep_innovating\" >Keep innovating<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Operation_and_solutions\" >Operation and solutions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Growing_Cyber_Threats\" >Growing Cyber Threats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Next_Generation_Cyber_Security\" >Next Generation Cyber Security<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Turn_into_a_money_machine\" >Turn into a money machine<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Acquisitions\" >Acquisitions<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Business_outlook\" >Business outlook<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Potential_market\" >Potential market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Perspective\" >Perspective<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Main_competitors\" >Main competitors<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Capital_market_Performance\" >Capital market Performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Market_Cap\" >Market Cap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Price-to-Earnings_Ratio\" >Price-to-Earnings Ratio<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Stock_price_performance\" >Stock price performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Stock_Splits\" >Stock Splits<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_bio\"><\/span>Company bio<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_History\"><\/span>Company History<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Palo Alto Networks (Palo Alto Networks, ticker: PANW) was founded by Israeli-American Nir Zuk in 2005. Zuk was once the famous first-generation firewall listed company Check Point (ticker: CHKP ) and NetScreen Technologies, and was the lead developer of the first stateful inspection firewall and the first intrusion prevention system. Zuk created Palo Alto Networks to solve a problem businesses face with existing network security solutions: Firewall systems that don&#8217;t allow users to safely and easily use modern programs that recognize and provide finer-grained security controls.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Main_product\"><\/span>Main product<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Palo Alto Networks&#8217; core product is a network security platform, including advanced firewalls and various cloud-based security control related products. These products expand the basic functions of the firewall to cover other security needs. At present, the company has more than 70,000 corporate customers, including 85 companies in the Fortune 100.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_special_about_Palo_Alto_Networks\"><\/span>What is special about Palo Alto Networks?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_still_grow\"><\/span>Business still grow<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Network security is an old software field that has existed since the Internet. Over the past few decades, related listed companies of various sizes and scales have been listed, but few listed companies in this field can continue to exist. Only a few can make the company&#8217;s business continue to grow. Palo Alto Networks is one of the very few listed companies in the field of network security that can continue to grow and operate for more than 20 years.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Focus_on_internet\"><\/span>Focus on internet<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Many cybersecurity firms still garner most revenue from on-premise products. Palo Alto&#8217;s growth is coming from customers that access cybersecurity products and services remotely via the internet. This is also the main reason why Palo Alto Networks&#8217; business is still growing as mentioned to investors in the previous paragraph.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Not_firewall_only\"><\/span>Not firewall only<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Firewall appliances protect computer networks by blocking online intrusions and monitoring web-based apps. However, Palo Alto Networks has expanded beyond firewall products and built a cloud computing-based services platform through acquisitions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Keep_innovating\"><\/span>Keep innovating<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Moreover, Palo Alto has been improving cybersecurity products with&nbsp;artificial intelligence tools, along with rival&nbsp;CrowdStrike Holdings&nbsp;(ticker: CRWD).&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Operation_and_solutions\"><\/span>Operation and solutions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Growing_Cyber_Threats\"><\/span>Growing Cyber Threats<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The overall cybersecurity industry has experienced strong growth in recent years, with the Identity Theft Resource Center reporting a 68% spike in data breaches in 2021 (although they will have fewer breaches than that by Q3 2022 69%). Even so, it still represents more than 166.7 million victims.<\/p>\n\n\n\n<p>However, despite this growth potential, the prospect of a recession affecting cybersecurity spending is a threat, especially in early 2023, when many analysts and economists say a recession is most likely.<\/p>\n\n\n\n<p>During a recession, businesses may be more reluctant to invest in new technology or expand their cybersecurity budgets. It\u2019s worth noting, however, that cybersecurity is often viewed as a necessary expense rather than a luxury, so businesses are likely to continue allocating funds to cybersecurity even in the face of economic challenges.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Next_Generation_Cyber_Security\"><\/span>Next Generation Cyber Security<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In addition to its strong presence in the cybersecurity market, Palo Alto Networks has also made strides in the software development industry. It has made several acquisitions in the space, including container vendor Twistlock and serverless security leader PureSec, which have helped strengthen its capabilities in the cloud security market. This focus on software development and cloud security is likely to drive further growth for the company in the years to come.<\/p>\n\n\n\n<p>Next-Gen Security is also hot, with annual recurring revenue up 67% year-over-year, breaking the $2 billion mark for the first time. The NGS platform combines network and endpoint security with threat intelligence so customers can not only see detected threats, but also automatically defend against them while preventing cyberattacks.<\/p>\n\n\n\n<p>Palo Alto Networks has also been innovating, developing many solutions designed to protect against advanced threats, such as <a href=\"https:\/\/en.wikipedia.org\/wiki\/Zero-day_(computing)\" target=\"_blank\" rel=\"noreferrer noopener\">zero-day attacks<\/a> or attacks that exploit vulnerabilities without proper patches, as well as targeted attacks. These solutions use artificial intelligence and machine learning to analyze network traffic and identify potential threats in real time.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Turn_into_a_money_machine\"><\/span>Turn into a money machine<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Palo Alto Networks has seen strong growth in recent years, with revenue up 25% to $1.6 billion in the third quarter of 2022. This can be attributed to the company&#8217;s focus on innovation and ability to meet the changing needs of customers.<\/p>\n\n\n\n<p>CEO Nikesh Arora said that Palo Alto Networks customers have increased their commitment to their cybersecurity platform because \u201cthey are able to choose our best-in-class capabilities and simplify their security architecture.\u201d He continued, \u201cWe Focus on expanding the breadth of our offerings and our pace of innovation to continue driving share growth in the cybersecurity market.&#8221;<\/p>\n\n\n\n<p>Importantly, Palo Alto Networks was able to grow its free cash flow generation to $1.2 billion in the third quarter of 2022, almost as much as it generated in the fiscal year ending in July.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Acquisitions\"><\/span>Acquisitions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Through acquisitions, Palo Alto Networks has expanded into endpoint security and vulnerability management. Endpoint tools detect malware on laptops, mobile phones and other devices that access corporate networks.<\/p>\n\n\n\n<p>In addition, Palo Alto Networks has pushed into a market called <a href=\"https:\/\/en.wikipedia.org\/wiki\/Secure_access_service_edge\" target=\"_blank\" rel=\"noreferrer noopener\">Secure Access Service Edge<\/a>, or SASE. The security tools support distributed workers and branch offices.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_outlook\"><\/span>Business outlook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Potential_market\"><\/span>Potential market<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The cybersecurity market, where Palo Alto Networks is located, is expected to grow again in 2023. A recent survey of 1,400 enterprise information technology decision makers by cloud computing service provider Fastly (ticker: FSLY ) found that nearly three-quarters will increase their cybersecurity spending by 2023. Gartner (ticker: IT) estimates that overall cybersecurity spending could grow 11.3% to $188 billion in 2023 as organizations prepare to defend against growing threats to their information.<\/p>\n\n\n\n<p>Global information security and risk management is expected to grow from $157.7 billion in 2020 to $188.3 billion in 2023, according to market research firm Gartner. This growth can be attributed to a variety of factors, including the proliferation of remote work, work models that deliver work results to enterprises through the cloud, and increasingly sophisticated cyber threats.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Perspective\"><\/span>Perspective<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Palo Alto Networks is already capitalizing on the market&#8217;s growing trends. It expects revenue to rise 21% to about $9 billion in fiscal 2023, which begins Nov. 1, and revenue to rise 26% to $6.9 billion. Given its large remaining performance obligation (RPO) valued at $8.3 billion, Palo Alto Networks is well positioned to meet or exceed that estimate. The metric, which measures the total value of outstanding customer contracts, rose 38% year-over-year last quarter, outpacing the company&#8217;s 25% increase in actual revenue.<\/p>\n\n\n\n<p>Palo Alto Networks has a longer growth runway in the next five years, the next decade or more.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Main_competitors\"><\/span>Main competitors <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>CrowdStrike&nbsp;(ticker: CRWD): please see my previous post &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/03\/17\/crowdstrike\/\" target=\"_blank\" rel=\"noreferrer noopener\">How perform well and high growing CrowdStrike makes money?<\/a>&#8220;<\/li>\n\n\n\n<li>Fortinet&nbsp;(ticker: FTNT)<\/li>\n\n\n\n<li>Cisco Systems&nbsp;(ticker: CSCO)<\/li>\n\n\n\n<li>Check Point Software Technologies&nbsp;(ticker: CHKP) <\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capital_market_Performance\"><\/span>Capital market Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Market_Cap\"><\/span>Market Cap<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As of December 17, 2024, Palo Alto Networks&#8217; market value is US$66.44 billion, which is considered a large-cap stock in the U.S. stock market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Price-to-Earnings_Ratio\"><\/span>Price-to-Earnings Ratio<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As of December 13, 2024, Palo Alto Networks&#8217; P\/E ratio is 26.39.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stock_price_performance\"><\/span>Stock price performance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Palo Alto Networks stock as of December 13, 2024:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>From the beginning of 2024 to December 17, 2024, it rose by 40.18%.<\/li>\n\n\n\n<li>Since the company went public, it has risen by 2,185.55%.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stock_Splits\"><\/span>Stock Splits<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Palo Alto Networks stock has undergone two stock splits:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>December 15, 2024: 2:1 stock split<\/li>\n\n\n\n<li>September 13, 2022: 3:1 stock split<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"291\" height=\"61\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2023\/01\/p-1600x1200-3.jpg\" alt=\"Palo Alto Networks\" class=\"wp-image-17345\"\/><figcaption class=\"wp-element-caption\">credit: wikimedia<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/\">How Palo Alto Networks, a rare long-term continuous and stable growth security giant, makes money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/07\/12\/wix-website-building\/\">Wix, the leading brand of online website building<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/03\/28\/reddit-making-money\/\">Reddit first profitability sent stock rally 2.5 folds<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/03\/17\/crowdstrike\/\" target=\"_blank\" rel=\"noreferrer noopener\">How perform well and high growing CrowdStrike makes money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/\">VeriSign, one of Buffett&#8217;s few long-term tech holding, performance is not that good<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/13\/fastly-outage-stock-soaring\/\">Why Fastly shutdown thousands websites but its stock soaring 11%?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/02\/28\/cloudflare\/\">Cloudflare, a rising star in cloud computing infrastructure<\/a>&#8220;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/02\/26\/overlord-of-cloud-computing\/\" target=\"_blank\" rel=\"noreferrer noopener\">&#8220;Microsoft, the dominant overlord of cloud computing<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/\">GoDaddy, world&#8217;s largest hosting platform, snapped the best year of share performance since listing<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The cybersecurity market, where Palo Alto Networks is located, , Gartner estimates that overall cybersecurity spending could grow 11.3% to $188 billion in 2023<\/p>\n","protected":false},"author":1,"featured_media":17345,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[439,827,210,301,812,822,3,601],"class_list":["post-17344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-stock-market","tag-chkp","tag-crwd","tag-csco","tag-fsly","tag-ftnt","tag-it","tag-msft","tag-panw"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/17344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=17344"}],"version-history":[{"count":34,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/17344\/revisions"}],"predecessor-version":[{"id":37345,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/17344\/revisions\/37345"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/17345"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=17344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=17344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=17344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}