PANW
Palo Alto Networks, Inc. NASDAQ Listed Jul 20, 2012$287.78
+2.00%
vs $282.13
Mkt Cap $204.1B
52w Low $141.67
92.0% of range
52w High $300.48
50d MA $224.59
200d MA $196.14
P/E (TTM)
179.9x
EV/EBITDA
103.7x
P/B
24.4x
Debt/Equity
0.0x
ROE
13.8%
P/FCF
58.8x
RSI (14)
53.20
ATR (14)
$12.45
Beta
0.77
50d MA
$224.59
200d MA
$196.14
Avg Volume
9.4M
Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; Panorama, a security management solution for the control of firewall appliances and software deployed on an end-customer's network and instances in public or private cloud environments, as a virtual or a physical appliance; and virtual system upgrades, which are available as extensions to the virtual system capacity that ships with physical appliances. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, uniform resource locator filtering, laptop and mobile device protection, and firewall; and DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention. In addition, the company offers cloud security, secure access, security analytics and automation, and threat intelligence and cyber security consulting; professional services, including architecture design and planning, implementation, configuration, and firewall migration; education services, such as certifications, as well as online and in-classroom training; and support services. Palo Alto Networks, Inc. sells its products and services through its channel partners, as well as directly to medium to large enterprises, service providers, and government entities operating in various industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications. The company was incorporated in 2005 and is headquartered in Santa Clara, California.
3000 Tannery Way · Santa Clara, CA 95054 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2, 2026 | AMC | 0.80 | 0.85 | +6.9% | 297.18 | -4.1% | -5.6% | -0.4% | -2.6% | -2.1% | -2.2% | — |
| Feb 17, 2026 | AMC | 0.94 | 1.03 | +9.7% | 163.50 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% | — |
| Nov 19, 2025 | AMC | 0.89 | 0.93 | +4.4% | 199.90 | -0.9% | -7.4% | -1.2% | +0.5% | +1.3% | -0.5% | — |
| Aug 18, 2025 | AMC | 0.89 | 0.95 | +7.3% | 176.17 | +6.6% | +3.1% | +1.6% | -0.6% | +1.4% | -0.7% | — |
| May 20, 2025 | AMC | 0.77 | 0.80 | +3.6% | 194.48 | -5.0% | -6.8% | +2.7% | +0.3% | +0.4% | +0.2% | — |
| Feb 13, 2025 | AMC | 0.78 | 0.81 | +4.0% | 201.88 | -4.9% | -0.9% | +4.1% | -1.5% | -3.1% | -3.9% | — |
| Nov 20, 2024 | AMC | 1.48 | 0.78 | -47.3% | 196.45 | -1.7% | +1.2% | -3.6% | +0.8% | +2.6% | -3.0% | — |
| Aug 19, 2024 | AMC | 1.41 | 0.75 | -46.8% | 171.68 | +1.6% | +7.2% | -2.2% | -2.9% | +0.4% | -1.0% | — |
| May 20, 2024 | AMC | 1.27 | 0.66 | -48.0% | 161.89 | -7.0% | -3.7% | -1.0% | +0.9% | +3.3% | -4.2% | — |
| Feb 20, 2024 | AMC | 1.30 | 0.73 | -43.8% | 183.05 | -24.8% | -28.4% | +2.2% | +5.3% | +7.3% | +4.0% | — |
| Nov 15, 2023 | AMC | 0.58 | 0.69 | +19.0% | 128.09 | -6.3% | -5.4% | +2.2% | +5.2% | +1.3% | -0.3% | — |
| Aug 18, 2023 | AMC | 0.64 | 0.72 | +12.5% | 104.85 | +12.8% | +14.8% | -2.6% | +0.5% | -3.5% | +1.5% | — |
| May 23, 2023 | AMC | 0.46 | 0.55 | +19.6% | 94.87 | +3.4% | +7.7% | +1.8% | +1.8% | +0.4% | +0.4% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 3 | BMO Capital Markets | Reiterates | Outperform | $335 | $297.18 | $285.00 | -4.1% | -5.6% | -0.4% | -2.6% | -2.1% | -2.2% |
| Apr 21 | Berenberg | Initiates | Buy | $215 | $169.56 | $170.40 | +0.5% | +3.2% | +3.6% | -4.4% | +3.1% | +2.4% |
| Mar 11 | Freedom Broker | Maintains | Buy → Buy | — | $165.58 | $166.65 | +0.6% | -0.4% | +1.9% | -0.7% | +0.3% | +1.0% |
| Feb 19 | Citigroup | Maintains | Buy → Buy | — | $152.35 | $152.48 | +0.1% | -0.9% | -1.5% | -3.1% | -1.7% | +2.2% |
| Feb 19 | JP Morgan | Maintains | Overweight → Overweight | — | $152.35 | $152.48 | +0.1% | -0.9% | -1.5% | -3.1% | -1.7% | +2.2% |
| Feb 18 | Scotiabank | Maintains | Sector Outperform → Sector Outperform | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | Morgan Stanley | Maintains | Overweight → Overweight | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | Wedbush | Maintains | Outperform → Outperform | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | DA Davidson | Maintains | Buy → Buy | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | Guggenheim | Maintains | Neutral → Neutral | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | RBC Capital | Maintains | Outperform → Outperform | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | Baird | Maintains | Outperform → Outperform | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | Stifel | Maintains | Buy → Buy | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | Citizens | Maintains | Market Outperform → Market Outperform | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | BTIG | Maintains | Buy → Buy | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | Bernstein | Maintains | Outperform → Outperform | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | Needham | Maintains | Buy → Buy | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | Rosenblatt | Maintains | Buy → Buy | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 18 | BMO Capital | Maintains | Outperform → Outperform | — | $163.50 | $149.55 | -8.5% | -6.8% | -0.9% | -1.5% | -3.1% | -1.7% |
| Feb 17 | Truist | Maintains | Buy → Buy | — | $166.95 | $165.68 | -0.8% | -2.1% | -6.8% | -0.9% | -1.5% | -3.1% |
| Feb 17 | Mizuho | Maintains | Outperform → Outperform | — | $166.95 | $165.68 | -0.8% | -2.1% | -6.8% | -0.9% | -1.5% | -3.1% |
| Feb 12 | BTIG | Maintains | Buy → Buy | — | $165.30 | $166.29 | +0.6% | -1.5% | +2.5% | -2.1% | -6.8% | -0.9% |
| Feb 11 | DA Davidson | Maintains | Buy → Buy | — | $165.51 | $167.20 | +1.0% | -0.1% | -1.5% | +2.5% | -2.1% | -6.8% |
| Feb 10 | JP Morgan | Maintains | Overweight → Overweight | — | $166.00 | $166.39 | +0.2% | -0.3% | -0.1% | -1.5% | +2.5% | -2.1% |
| Feb 9 | Barclays | Maintains | Overweight → Overweight | — | $159.32 | $159.79 | +0.3% | +4.2% | -0.3% | -0.1% | -1.5% | +2.5% |
| Jan 28 | Needham | Maintains | Buy → Buy | — | $183.50 | $184.53 | +0.6% | +0.1% | -4.1% | +0.4% | -0.9% | -5.2% |
| Jan 13 | UBS | Maintains | Neutral → Neutral | — | $188.88 | $188.00 | -0.5% | +1.0% | +0.0% | -1.7% | -0.0% | -1.9% |
| Jan 5 | Guggenheim | Upgrade | Sell → Neutral | — | $179.37 | $183.00 | +2.0% | +1.5% | +2.1% | +4.3% | -1.6% | -0.9% |
| Jan 5 | Piper Sandler | Maintains | Overweight → Overweight | — | $179.37 | $183.00 | +2.0% | +1.5% | +2.1% | +4.3% | -1.6% | -0.9% |
| Dec 18 | Morgan Stanley | Maintains | Overweight → Overweight | — | $183.44 | $185.71 | +1.2% | +1.3% | +0.5% | +1.4% | -0.7% | -0.5% |
| Nov 21 | Goldman Sachs | Maintains | Buy → Buy | — | $185.07 | $185.01 | -0.0% | -1.2% | +0.5% | +1.3% | -0.5% | +2.6% |
| Nov 21 | HSBC | Downgrade | Hold → Reduce | — | $185.07 | $185.01 | -0.0% | -1.2% | +0.5% | +1.3% | -0.5% | +2.6% |
| Nov 20 | UBS | Maintains | Neutral → Neutral | — | $199.90 | $198.13 | -0.9% | -7.4% | -1.2% | +0.5% | +1.3% | -0.5% |
| Nov 20 | Oppenheimer | Maintains | Outperform → Outperform | — | $199.90 | $198.13 | -0.9% | -7.4% | -1.2% | +0.5% | +1.3% | -0.5% |
| Nov 20 | Rosenblatt | Maintains | Buy → Buy | — | $199.90 | $198.13 | -0.9% | -7.4% | -1.2% | +0.5% | +1.3% | -0.5% |
| Nov 20 | BTIG | Maintains | Buy → Buy | — | $199.90 | $198.13 | -0.9% | -7.4% | -1.2% | +0.5% | +1.3% | -0.5% |
| Nov 20 | Wedbush | Maintains | Outperform → Outperform | — | $199.90 | $198.13 | -0.9% | -7.4% | -1.2% | +0.5% | +1.3% | -0.5% |
| Nov 20 | Piper Sandler | Maintains | Overweight → Overweight | — | $199.90 | $198.13 | -0.9% | -7.4% | -1.2% | +0.5% | +1.3% | -0.5% |
| Nov 20 | Needham | Maintains | Buy → Buy | — | $199.90 | $198.13 | -0.9% | -7.4% | -1.2% | +0.5% | +1.3% | -0.5% |
| Nov 20 | WestPark Capital | Maintains | Hold → Hold | — | $199.90 | $198.13 | -0.9% | -7.4% | -1.2% | +0.5% | +1.3% | -0.5% |
| Nov 20 | DA Davidson | Maintains | Buy → Buy | — | $199.90 | $198.13 | -0.9% | -7.4% | -1.2% | +0.5% | +1.3% | -0.5% |
| Nov 20 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $199.90 | $198.13 | -0.9% | -7.4% | -1.2% | +0.5% | +1.3% | -0.5% |
| Nov 20 | Bernstein | Maintains | Outperform → Outperform | — | $199.90 | $198.13 | -0.9% | -7.4% | -1.2% | +0.5% | +1.3% | -0.5% |
| Nov 18 | Rosenblatt | Maintains | Buy → Buy | — | $202.90 | $202.50 | -0.2% | -0.9% | -0.5% | -7.4% | -1.2% | +0.5% |
| Nov 17 | BMO Capital | Maintains | Outperform → Outperform | — | $205.25 | $205.00 | -0.1% | -1.1% | -0.9% | -0.5% | -7.4% | -1.2% |
| Nov 17 | BTIG | Maintains | Buy → Buy | — | $205.25 | $205.00 | -0.1% | -1.1% | -0.9% | -0.5% | -7.4% | -1.2% |
| Nov 17 | Mizuho | Maintains | Outperform → Outperform | — | $205.25 | $205.00 | -0.1% | -1.1% | -0.9% | -0.5% | -7.4% | -1.2% |
| Nov 13 | UBS | Maintains | Neutral → Neutral | — | $210.04 | $209.80 | -0.1% | -2.5% | +0.2% | -1.1% | -0.9% | -0.5% |
| Nov 13 | Morgan Stanley | Maintains | Overweight → Overweight | — | $210.04 | $209.80 | -0.1% | -2.5% | +0.2% | -1.1% | -0.9% | -0.5% |
| Nov 13 | TD Cowen | Maintains | Buy → Buy | — | $210.04 | $209.80 | -0.1% | -2.5% | +0.2% | -1.1% | -0.9% | -0.5% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| Jun 12, 2026 | GOETZ JAMES JDir | — | Sell | 1,493 | $281.64 | $420K | 20,000 | +0.80% | — |
| Jun 12, 2026 | GOETZ JAMES JDir | — | Sell | 5,193 | $280.89 | $1.5M | 21,493 | +0.80% | — |
| Jun 12, 2026 | GOETZ JAMES JDir | — | Sell | 7,114 | $279.88 | $2.0M | 26,686 | +0.80% | — |
| Jun 12, 2026 | GOETZ JAMES JDir | — | Sell | 4,800 | $278.89 | $1.3M | 33,800 | +0.80% | — |
| Jun 12, 2026 | GOETZ JAMES JDir | — | Sell | 1,400 | $277.89 | $389K | 38,600 | +0.80% | — |
| Jun 1, 2026 | Paul Josh D. | Chief Accounting Officer | Sell | 1,100 | $285.08 | $314K | 81,636 | -5.64% | -2.18% |
| May 22, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Sell | 923 | $261.25 | $241K | 235,983 | +3.74% | -5.64% |
| May 22, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Sell | 16,865 | $260.62 | $4.4M | 236,906 | +3.74% | -5.64% |
| May 22, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Sell | 18,067 | $259.62 | $4.7M | 253,771 | +3.74% | -5.64% |
| May 22, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Sell | 10,414 | $258.70 | $2.7M | 271,838 | +3.74% | -5.64% |
| May 22, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Sell | 2,897 | $257.63 | $746K | 282,252 | +3.74% | -5.64% |
| May 22, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Sell | 2,875 | $256.60 | $738K | 285,149 | +3.74% | -5.64% |
| May 22, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Sell | 4,694 | $255.58 | $1.2M | 288,024 | +3.74% | -5.64% |
| May 22, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Sell | 4,205 | $254.85 | $1.1M | 292,718 | +3.74% | -5.64% |
| May 22, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Sell | 320 | $253.25 | $81K | 296,923 | +3.74% | -5.64% |
| May 22, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Sell | 582 | $251.94 | $147K | 297,243 | +3.74% | -5.64% |
| May 22, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Sell | 519 | $251.20 | $130K | 297,825 | +3.74% | -5.64% |
| May 22, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Sell | 543 | $250.03 | $136K | 298,344 | +3.74% | -5.64% |
8-K · 2.02
!! High
Palo Alto Networks, Inc. -- 8-K 2.02: Earnings Results
Jun 2
8-K · 1.01
!! High
Unknown — 8-K 1.01: Material Agreement
PANW entered a material real estate agreement with Santa Clara Phase III EFH, LLC, likely signaling facility expansion or relocation that could support growth but requires capital deployment investors should monitor for impact on cash flow.
Apr 13
SC TO-I
!!! Very High
Unknown — Issuer Tender Offer
Palo Alto Networks is buying back its convertible bonds due 2030, reducing debt and signaling management confidence in the stock's valuation while improving capital efficiency.
Mar 23
8-K
Unknown — 8-K Filing
I cannot provide a meaningful analysis because the filing summary is incomplete and contains only boilerplate signature language without disclosing material events, making it impossible to assess implications for PANW shareholders.
Mar 23
8-K
Unknown — 8-K Filing
Palo Alto Networks' security incident appears contained to internal systems with no customer compromise, reducing litigation risk and protecting PANW's reputation and revenue relationships.
Mar 23
8-K · 8.01
!! High
Unknown — 8-K 8.01: Material Event / Announcement
Unable to provide meaningful analysis—this 8-K excerpt contains only signature blocks and technical XBRL filing metadata without disclosing the actual Material Event triggering the filing requirement.
Mar 11
SC TO-I
!!! Very High
Palo Alto Networks, Inc. -- Issuer Tender Offer
Palo Alto Networks launched a tender offer to repurchase its own shares, allowing shareholders to sell stock back to the company at a specified price, potentially supporting share value and returning capital.
Feb 19
8-K
Palo Alto Networks, Inc. -- 8-K Filing
Palo Alto Networks' Next-Generation Security segment achieved 33% annual ARR growth to $6.3 billion, signaling strong demand for its core products and providing visibility through a 23% increase in remaining performance obligations to $16.0 billion.
Feb 17
8-K · 1.01
!!! Very High
Palo Alto Networks, Inc. -- 8-K 1.01: Merger Agreement
Palo Alto Networks agreed to acquire Morgan Stanley's cyber consulting business, expanding PANW's enterprise security services and revenue diversification through this strategic merger.
Feb 11
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 60,925,968 | $11.2B | Reduced | Dec 2025 |
| 2 | Vanguard Capital Management Llc | 52,765,656 | $8.5B | New | Mar 2026 |
| 3 | Bank Of America Corp /de/ | 22,476,753 | $3.6B | Added | Mar 2026 |
| 4 | Vanguard Portfolio Management Llc | 19,601,462 | $3.1B | New | Mar 2026 |
| 5 | Jpmorgan Chase & Co | 13,469,336 | $2.1B | Added | Mar 2026 |
| 6 | Northern Trust Corp | 8,680,485 | $1.4B | Added | Mar 2026 |
| 7 | Ubs Group Ag | 8,255,352 | $1.3B | Reduced | Mar 2026 |
| 8 | Fmr Llc | 8,104,790 | $1.3B | — | Mar 2026 |
| 9 | Nuveen, Llc | 7,994,923 | $1.3B | Added | Mar 2026 |
| 10 | Royal Bank Of Canada | 7,556,488 | $1.2B | Reduced | Mar 2026 |
| 11 | Invesco Ltd. | 6,802,465 | $1.1B | Added | Mar 2026 |
| 12 | First Trust Advisors Lp | 6,466,118 | $1.0B | Added | Mar 2026 |
| 13 | Amundi | 6,297,833 | $1.0B | New | Mar 2026 |
| 14 | Wells Fargo & Company/mn | 6,118,822 | $981M | New | Mar 2026 |
| 15 | Pictet Asset Management Holding Sa | 4,356,617 | $803M | Added | Dec 2025 |
| 16 | Clearbridge Investments, Llc | 4,910,797 | $787M | Reduced | Mar 2026 |
| 17 | Bank Of New York Mellon Corp | 4,623,890 | $741M | Added | Mar 2026 |
| 18 | Barclays Plc | 3,819,286 | $612M | Reduced | Mar 2026 |
| 19 | Bnp Paribas Asset Management Holding S.a. | 3,276,704 | $525M | Added | Mar 2026 |
| 20 | Bank Of Montreal /can/ | 2,987,173 | $479M | Reduced | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$204.12B
Enterprise Value
$201.22B
P/E (TTM)
179.86x
Forward P/E
78.05x
PEG Ratio
-1.76x
P/B
24.37x
P/S
22.14x
P/FCF
58.83x
EV/EBITDA
103.67x
Shares Out
709.3M
Financials (TTM)
Revenue
$9.22B
Net Income
$1.13B
EBITDA
$1.94B
Free Cash Flow
$3.47B
Op Cash Flow
$3.72B
EPS Basic
$1.71
EPS Diluted
$1.60
EPS Forward
$3.69
Gross Margin
73.4%
Op Margin
13.5%
Net Margin
12.3%
Balance Sheet
Total Assets
$23.58B
Total Liab.
$15.75B
Total Equity
$7.82B
Cash
$2.90B
LT Debt
$0
Book Value/Sh
$11.81
Debt/Equity
0.04x
Current Ratio
0.89
Quick Ratio
0.89
Returns & Growth
ROE
13.8%
ROA
5.2%
ROIC
5.7%
Rev Growth YoY
+14.9%
EPS Growth YoY
-57.7%
Price Returns
2W
+18.3%
1M
+57.1%
3M
+89.2%
6M
+48.2%
12M
+46.4%
Technicals
52W High
$300.48
52W Low
$141.67
50d MA
$224.59
200d MA
$196.14
RSI (14)
53.20
ATR (14)
$12.45
Beta
0.77
Avg Volume
9.4M
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
—
Ex-Div Date
—
Analyst Price Targets
Consensus
$207.85
High
$265.00
Low
$157.00
Median
$200.00
Data updated apr 26, 2026 6:36pm
· Source: financialmodelingprep.com