Skip to main content
    P

    Palo Alto Networks Inc (PANW)

    Official site

    TECHNOLOGY • SOFTWARE - INFRASTRUCTURE • NASDAQ

    $370.27
    -4.77 (-1.27%)

    Market Cap: $306.78B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    95%(38/40)
    Avg Surprise
    +8.90%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Oct 31, 2026
    EPS Consensus$0.97
    Range$0.95 - $1.01
    45 analysts
    EPS RevisionsNo revisions (7d)
    32
    5
    30d
    EPS Estimate DriftChange to current
    90d ago$0.94+3.7%
    60d ago$0.94+3.6%
    30d ago$0.97+0.1%
    7d ago$0.970.0%
    Current$0.97
    Revenue Consensus
    $3.3B
    Range$3.3B - $3.4B
    45 analysts
    Period ending Jan 31, 2027
    EPS Consensus$0.43
    Range$0.24 - $0.99
    16 analysts
    EPS RevisionsNo revisions (7d)
    2
    3
    30d
    EPS Estimate DriftChange to current
    90d ago$0.47-8.7%
    60d ago$0.47-8.7%
    30d ago$0.46-5.6%
    7d ago$0.430.0%
    Current$0.43
    Revenue Consensus
    $3.4B
    Range$3.3B - $3.6B
    44 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Jan 27EST
    		-$0.43---
    Oct 26EST
    		-$0.97---
    Jul 26
    Reported Sep 1
    		$0.53$0.51+3.92%Beat+26.2%
    Apr 26
    Reported Jun 2
    		$0.32$0.43-25.58%Miss-60.0%
    Jan 26
    Reported Feb 17
    		$1.03$0.94+9.57%Beat+27.2%
    Oct 25
    Reported Nov 19
    		$0.93$0.89+4.49%Beat+19.2%
    Jul 25
    Reported Aug 18
    		$0.42$0.50-16.00%Miss-44.7%
    Apr 25
    Reported May 20
    		$0.80$0.77+3.90%Beat+21.2%
    Jan 25
    Reported Feb 13
    		$0.81$0.78+3.85%Beat+11.0%
    Oct 24
    Reported Nov 20
    		$0.78$0.74+5.41%Beat+13.0%
    Jul 24
    Reported Aug 19
    		$0.76$0.71+7.04%Beat+5.6%
    Apr 24
    Reported May 20
    		$0.66$0.62+6.45%Beat+26.9%
    Jan 24
    Reported Feb 20
    		$0.73$0.65+12.31%Beat+37.7%
    Oct 23
    Reported Nov 15
    		$0.69$0.58+18.97%Beat+64.3%
    Jul 23
    Reported Aug 18
    		$0.72$0.64+12.50%Beat+80.0%
    Apr 23
    Reported May 23
    		$0.52$0.46+13.04%Beat+73.3%
    Jan 23
    Reported Feb 21
    		$0.53$0.39+35.90%Beat+82.8%
    Oct 22
    Reported Nov 17
    		$0.42$0.34+23.53%Beat+55.6%
    Jul 22
    Reported Aug 22
    		$0.40$0.38+5.26%Beat+48.1%
    Apr 22
    Reported May 19
    		$0.30$0.28+7.14%Beat+30.4%
    Jan 22
    Reported Feb 22
    		$0.29$0.27+7.41%Beat+11.5%
    Oct 21
    Reported Nov 18
    		$0.27$0.26+3.85%Beat+0.0%
    Jul 21
    Reported Aug 23
    		$0.27$0.24+12.50%Beat+8.0%
    Apr 21
    Reported May 20
    		$0.23$0.21+9.52%Beat+15.0%
    Jan 21
    Reported Feb 22
    		$0.26$0.24+8.33%Beat+30.0%
    Oct 20
    Reported Nov 16
    		$0.27$0.22+22.73%Beat+50.0%
    Jul 20
    Reported Aug 24
    		$0.25$0.23+8.70%Beat+0.0%
    Apr 20
    Reported May 21
    		$0.20$0.16+25.00%Beat-9.1%
    Jan 20
    Reported Feb 24
    		$0.20$0.19+5.26%Beat-20.0%
    Oct 19
    Reported Nov 25
    		$0.18$0.17+5.88%Beat-10.0%
    Jul 19
    Reported Sep 4
    		$0.25$0.24+4.17%Beat+19.0%
    Apr 19
    Reported May 29
    		$0.22$0.21+4.76%Beat+29.4%
    Jan 19
    Reported Feb 26
    		$0.25$0.20+25.00%Beat+78.6%
    Oct 18
    Reported Nov 29
    		$0.20$0.18+11.11%Beat+66.7%
    Jul 18
    Reported Sep 6
    		$0.21$0.19+10.53%Beat+40.0%
    Apr 18
    Reported Jun 4
    		$0.17$0.16+6.25%Beat+70.0%
    Jan 18
    Reported Feb 26
    		$0.14$0.13+7.69%Beat+27.3%
    Oct 17
    Reported Nov 20
    		$0.12$0.11+9.09%Beat+33.3%
    Jul 17
    Reported Aug 31
    		$0.15$0.13+15.38%Beat-
    Apr 17
    Reported May 31
    		$0.10$0.09+11.11%Beat-
    Jan 17
    Reported Feb 28
    		$0.11$0.10+10.00%Beat-
    Oct 16
    Reported Nov 21
    		$0.09$0.09+0.00%Beat-

    Key Metrics

    Valuation
    P/E Ratio131.77EV/EBITDA143.54x
    Price/FCF67.43xFCF Yield1.48%
    Profitability
    Profit Margin2.67%Operating Margin5.40%
    ROE1.74%ROIC1.19%
    Financial Health
    Debt/Equity0.06xInterest CoverageN/A
    Current Ratio0.87xQuick Ratio0.87x
    Trading Statistics
    Beta0.93Avg Volume5.65M
    52-Week High$432.3352-Week Low$139.57

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$399.89
    SMA 20$392.04
    SMA 50$373.62
    SMA 200$259.90
    EMA 10$391.85
    EMA 20$388.87
    EMA 50$370.96
    EMA 200$290.93

    MACD

    Line: 6.44Signal: 10.57Hist: -4.13

    ADX

    ADX: 17.6+DI: 22.0-DI: 28.4

    Aroon & PSAR

    Aroon Up72.0
    Aroon Down4.0
    PSAR$427.13

    Bollinger Bands

    Upper Band$424.08
    Lower Band$360.00
    %B Position1634%(Upper)
    Band Width0.16

    RSI (14-Day)

    Neutral
    44.6

    Momentum Oscillators

    Stoch %K23.3
    Stoch %D40.7
    Williams %R-87.8
    ROC (10d)-6.6%
    Momentum-25.98
    CCI (20d)-113.7
    MFI (14d)51.6

    Volatility Measures

    ATR (14d)$17.69(4.8%)
    StdDev (20d)16.02
    Hist Vol49.7%(High)

    Volume Flow

    VWAP$368.00
    OBV23.5M
    AD Line207.5M
    CMF (20d)0.085

    Volume Metrics

    Avg Vol (20d)5.6M
    Vol Ratio0.9x
    VWMA (20d)$388.49

    Pivot Points

    R3$395.42
    R2$389.53
    R1$382.28
    Pivot Point$376.39
    S1$369.15
    S2$363.26
    S3$356.01

    Advanced Oscillators

    TSI9.52
    Ultimate Osc42.6
    KST100.80

    Financial Data

    QuarterJul 2026Apr 2026Jan 2026Oct 2025Jul 2025Apr 2025Jan 2025Oct 2024Jul 2024Apr 2024Jan 2024Oct 2023
    Total Revenue$3.41B$3.00B$2.59B$2.47B$2.54B$2.29B$2.26B$2.14B$2.19B$1.98B$1.98B$1.88B
    Cost of Revenue$1.11B$974.00M$685.00M$638.00M$679.00M$619.00M$599.00M$554.00M$573.70M$513.60M$499.10M$472.80M
    Gross Profit$2.30B$2.03B$1.91B$1.84B$1.86B$1.67B$1.66B$1.58B$1.62B$1.47B$1.48B$1.41B
    Operating Expenses$2.13B$2.21B$1.51B$1.53B$1.36B$1.45B$1.42B$1.30B$1.38B$1.29B$1.42B$1.19B
    R&D$779.00M$734.00M$511.00M$528.00M$503.50M$494.00M$505.00M$481.00M$494.80M$457.20M$447.90M$409.50M
    SG&A$226.00M$316.00M$178.00M$179.00M$27.30M$164.00M$154.00M$98.00M$140.30M$118.60M$301.50M$120.10M
    Operating Income$172.00M$-183,000,000$397.00M$309.00M$497.20M$219.00M$241.00M$286.00M$238.40M$176.70M$53.60M$215.20M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$441.00M$0$0$0$200,000$1.00M$1.00M$1.00M$300,000$2.30M$2.80M$2.90M
    Income Before Tax$-269,000,000$-156,000,000$549.00M$412.00M$591.80M$311.00M$325.00M$368.00M$319.00M$251.20M$135.50M$282.60M
    Income Tax Expense$13.00M$21.00M$117.00M$78.00M$338.00M$49.00M$58.00M$17.00M$-38,700,000$-27,600,000$-1,611,400,000$88.40M
    Net Income$-282,000,000$-177,000,000$432.00M$334.00M$253.80M$262.00M$267.00M$351.00M$357.70M$278.80M$1.75B$194.20M
    EBITDA$251.00M$326.00M$730.00M$620.00M$804.00M$510.00M$518.00M$548.00M$495.40M$423.30M$300.70M$441.60M
    EBIT$-269,000,000$-156,000,000$549.00M$412.00M$589.00M$312.00M$326.00M$369.00M$310.70M$253.50M$138.30M$285.50M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    The Agentic AI Cohort - When AI Stops Answering and Starts Acting: The $500 Billion Profit Pool Nobody's Pricing Right

    "AI kills SaaS" is the wrong framework. Profit pool migration above the app layer is the actual mechanism Four control points capture disproportionate value: orchestration, security, connectivity, and data Seat-based pricing breaks when agents multiply output per human...

    Glenn Ford
    •
    2/24/26
    •
    330

    Government Contracts

    Gov Obligations (TTM)
    $0
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    1
    New Awards (TTM)
    1
    Avg Remaining Term
    N/A

    Recent Awards

    Award IDAgencyObligatedStart
    15JA1126P00000017Department of JusticeOffices, Boards and Divisions$0Feb 17, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Cybersecurity Stocks Slide as AI Financing Jitters Spread: Palo Alto Falls 7%, SentinelOne Sinks 9%, Zscaler Drops 6%

    Cybersecurity stocks, including Palo Alto Networks, SentinelOne, and Zscaler, are experiencing significant declines due to concerns over AI financing, with Palo Alto falling 7%, SentinelOne 9%...

    24/7 Wall St.•10/16/26•Bearish

    Endpoint Security and Network Monitoring News for the Week of October 16th: Sophos, Chainguard, Radware, and More

    This article summarizes the top Endpoint Security and Network Monitoring news for the week of October 16th, highlighting announcements from major companies. Key updates include Chainguard's new vulnerability fixing tool...

    Solutions Review•10/16/26•Somewhat-Bullish

    F5, Juniper Networks Patch Critical Vulnerabilities

    F5 and Juniper Networks have released patches for numerous vulnerabilities across their product lines, including critical remote code execution (RCE) flaws. F5 addressed 11 defects in NGINX...

    SecurityWeek•10/16/26•Neutral

    Nvidia CEO Jensen Huang Rejects Sam Altman's Advice to 'Accept' AI Cybersecurity Risks: ‘We Should Do Everything...to Avoid Them’

    Nvidia CEO Jensen Huang has rejected OpenAI CEO Sam Altman's stance on AI cybersecurity risks, stating that society should not accept such incidents as an unavoidable cost of technological progress. Huang emphasized that...

    Yahoo Finance•10/16/26•Neutral

    Palo Alto Networks (NASDAQ:PANW) Stock Rating Raised to "Strong-Buy" at Citigroup

    Citigroup has upgraded Palo Alto Networks (NASDAQ:PANW) to a "strong-buy" rating from "hold," with the broader analyst consensus remaining a "Moderate Buy" and an average price target of $393.02. This upgrade follows...

    MarketBeat•10/16/26•Bullish

    PANW Valuation and Fair Value

    P/E
    131.8x
    Forward P/E
    94.3x
    EV/EBITDA
    143.5x
    P/FCF
    67.4x
    PEG
    2.0x
    P/B
    10.1x
    See GNG's fair value

    PANW Profitability: Margins, ROIC and FCF

    Gross margin
    70.4%
    Operating margin
    5.4%
    Net margin
    2.7%
    ROIC
    1.2%
    ROE
    1.7%
    FCF margin
    35.8%
    FCF yield
    1.5%

    PANW Competitors

    CompanyTicker
    Applied Materials IncAMAT
    Texas Instruments IncorporatedTXN
    Lam Research CorpLRCX
    Crowdstrike Holdings IncCRWD
    Dell Technologies IncDELL
    SAP SE ADRSAP
    Oracle CorporationORCL
    Arm Holdings plc American Depositary SharesARM

    Sector: Technology

    PANW Analyst Ratings

    Consensus
    Buy
    Analysts
    55
    Strong Buy
    10
    Buy
    32
    Hold
    11
    Sell
    1
    Strong Sell
    1

    PANW Bull Case vs Bear Case

    Bull case

    • PANW converts 35.8% of revenue into free cash flow.
    • PANW beat EPS estimates in 75.0% of its last 8 reported quarters.
    • PANW grew quarterly revenue 34.5% year over year.

    Bear case

    • PANW trades at 131.8x trailing earnings.

    PANW Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    -1.3%
    EPS estimate (fiscal period ending Oct 31, 2026)
    $0.97
    Estimate revisions (30 days, fiscal period ending Oct 31, 2026)
    32 up, 5 down

    Frequently Asked Questions About PANW

    Does PANW pay dividends?

    Palo Alto Networks Inc (PANW) does not currently pay a regular dividend.

    What is PANW's P/E ratio?

    Palo Alto Networks Inc has a price-to-earnings (P/E) ratio of 131.77.

    What is PANW's market cap?

    Palo Alto Networks Inc (PANW) has a market capitalization of $306.78B with a current stock price of $370.27.

    Related stocks

    Sector: Technology

    All stocks starting with P

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In