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Palo Alto Networks PANW

US equityMarket cap rank #42Software - InfrastructureCybersecurity
$389.92
−$3.38 (-0.86%)
Pre-market · Sep 25, 5:20 am ET
After hours $388.76 -0.30%
Open$392.44
Prev close$393.30
Day range$387.79 – $396.30
Volume3.97M
Market cap$318.95B
P/E (TTM)974.8
Dividend yield–

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

PANW at a glance

Shares of Palo Alto Networks are down 0.86% at $389.92. The company is worth $318.95B, number 42 out of 300 on our list.

The stock's 52-week band runs $139.57 to $398.88, and the latest print sits 2.2% under the top end of it. Holders are ahead 92.8% over twelve months, and up 33.0% across the last three months.

On the chart it holds above both the 50-day ($355.83) and 200-day ($244.27) moving averages; RSI is 62, and the last 30 sessions moved at roughly 68% annualized volatility.

Revenue for the quarter ended Jul 2026 was $3.41B, up 34.5% from a year earlier, and a net loss of $282.00M.

Buyers are paying 974.8 times trailing earnings, 475% above its five-year average of 169.5. The median for its industry group is 27.7.

38 analysts follow the stock and the average call is "buy". The mean target, $414.66, sits 6.3% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Palo Alto Networks: the business

Palo Alto Networks sells firewalls, cloud security and security operations software, and has been pushing customers into a broad platform.

What tends to move it. Platform adoption and next-generation security recurring revenue drive the stock, along with acquisitions such as CyberArk.

Where the case gets weaker. Palo Alto Networks' growth depends on customers continuing to consolidate onto its platform rather than mixing in point solutions from competitors, so a slower pace of platform adoption would show up in billings before it shows up in revenue. Integrating CyberArk also carries execution risk, and a stumble there would weigh on margins even if underlying security demand stays healthy.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-0.9%
1 week
+4.0%
1 month
+14.7%
3 months
+33.0%
6 months
+154.5%
Year to date
+111.7%
1 year
+92.8%
Day range
$387.79$396.30
52-week range
$139.57$398.88

Technical signals

Full technicals →
Trend readStrong uptrend

7 bullish · 0 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average+8.1%Bullish
Price vs 50-day average+9.6%Bullish
Price vs 200-day average+59.6%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)62.0Bullish
MACD (12,26,9)7.48Bullish
Bollinger band position84%Bullish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$387.75 / $389.49
Average price today$391.51
Volume3.97MAvg (90d) 7.22M
Turnover$1.55B
Turnover rate0.49%of shares outstanding
Volume ratio0.50vs. recent average pace
Day amplitude2.16%
Market cap$318.95B
Float market cap$316.33B
Shares outstanding811.26M
EPS (TTM)$0.40
P/E (TTM)974.80
P/B11.60
Book value / share$33.61
Earnings yield0.01%
Net profit (TTM)$327.20M
Net assets$27.49B
30-day volatility68.1%annualized
Avg daily range (ATR)4.29%of price, 14 days
Max drawdown (1y)-36.0%-1.5% from 1y peak

Quote as of Sep 25, 2026 5:20 am ET. Prices can lag the live tape. This is background information, not a recommendation.

How PANW ranks on BeStock

Market value#42 of 300
P/E (cheapest = 1)#282 of 283
Closeness to 52-week high#10 of 300
Dollar volume today#52 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Set against the peer table: at 974.8x earnings, PANW looks expensive against the market, and trades 3,414% above the 27.7x median among Software - Infrastructure names. The two comparisons do not always agree.

Latest reported quarter: Q4, ended Jul 2026

Revenue$3.41B+34.5% YoY
Operating profit$172.00M-65.4% YoY
Net profit-$282.00M-211.0% YoY
Diluted EPS-$0.35-197.2% YoY
Free cash flow$1.25B+34.3% YoY
Operating cash flow$1.36B

Revenue, last 8 quarters

$2.1BOct '24$2.3BJan '25$2.3BApr '25$2.5BJul '25$2.5BOct '25$2.6BJan '26$3.0BApr '26$3.4BJul '26

Net profit, last 8 quarters

$351.0MOct '24$267.0MJan '25$262.0MApr '25$254.0MJul '25$334.0MOct '25$432.0MJan '26$-177.0MApr '26$-282.0MJul '26

Profitability & balance sheet

Gross margin70.4%
Operating margin6.1%
Net margin2.7%
Return on equity1.7%
Return on assets0.9%
Return on invested capital0.4%
Current ratio0.87
Liabilities / assets43.3%
Cash & investments$3.07B
Total debt$2.50B
Net cash (debt)$571.00M
Free cash flow / sales35.8%

Where the revenue comes from

Quarter 2026/Q3

By business line

  • Subscription$1.63B 54.4%
  • Support$776.00M 25.8%
  • Product$594.00M 19.8%
Next reportSeptember 1, 2026
Quarter2026/Q4
TimingAfter Market
Options-implied move±33.7%
Average move on report day±7.7%last 15 reports
Closed higher7 of 1547% of the time
Best reaction+12.5%
Worst reaction-28.4%

Stock move on the day after each report

+7.2%2024/Q4+1.2%2025/Q1-0.9%2025/Q2-6.8%2025/Q3+3.1%2025/Q4-7.4%2026/Q1-6.8%2026/Q2-5.6%2026/Q3

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings934.9x
CheapRich

Near the top of its 5-year range · 95th percentile, 5-year average 169.5x

#2962 of 2977 stocks by PE (1 = cheapest)

Price / book11.1x
CheapRich

Near the bottom of its 5-year range · 5th percentile, 5-year average 75.6x

#4903 of 5303 stocks by PB (1 = cheapest)

Price / sales26.6x
CheapRich

Near the top of its 5-year range · 98th percentile, 5-year average 13.0x

#4729 of 5143 stocks by PS (1 = cheapest)

P/E over five years

-619x507x1,633x2,759xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$300.00
Price vs. fair value+30.0%Trading above the estimate
Star rating★★★☆☆
Economic moatWide
UncertaintyVery High

Analyst view

All ratings →
ConsensusBuy
Analysts38
Average target$414.66+6.3% vs. price
  • Buy 87%
  • Hold 13%
Low $346.00Now $389.92Avg $414.66High $475.00

Latest rating actions

  • 10 Sep 2026WedbushBUY · PT $400.00
  • 7 Sep 2026Phillip SecuritiesHOLD · PT $346.00
  • 3 Sep 2026Wells FargoBUY · PT $475.00
  • 3 Sep 2026CMBIBUY · PT $389.00
  • 3 Sep 2026CitiBUY · PT $410.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership84.0%-0.13 pts vs. prior quarter
Institutions holding3,410-15 vs. prior quarter
Insider trades (recent)1 buys / 7 sellsNet selling
Short interest2.63% of floatDays to cover 3.9 · as of 31 Aug 2026
Short-sale volume share15.2%5-day average of daily volume

Short-sale volume as % of daily volume

10%14%18%22%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$132.54M (6 inflow days, 14 outflow days).

Latest headlines

More news →
  • U.S. Stock Market Close | "Treasury Storm" Eases, Indices End Three-Day Losing Streak; Dell Surges 16%, CRDO Plunges 20%; Cybersecurity Stocks Slump, PANW Falls 9%; Oil Prices Stabilize, Gold Posts V-Shaped Reboundwallstreetcn · 3 Sep 2026
  • A Quick Look at Today's Ratings for Palo Alto Networks(PANW.US), With a Forecast Between $375 to $475Market news · 3 Sep 2026
  • Analysts' Top Technology Picks: Palo Alto Networks (PANW), Klaviyo, Inc. Class A (KVYO)TipRanks · 2 Sep 2026
  • Trillion-dollar legacy infrastructure faces obsolescence! Palo Alto Networks (PANW.US) CEO makes bold claim: AI is not an existential threat, but a significant opportunity.Zhitong Finance · 2 Sep 2026
  • GUIDANCE: (PANW) Palo Alto Networks Expects Fiscal 2027 Revenue Range $14.10B-$14.20B, Vs. FactSet Est of $13.84BMT Newswires · 2 Sep 2026
  • J.P. Morgan Remains a Buy on Palo Alto Networks (PANW)TipRanks · 2 Sep 2026

PANW stock: common questions

How is Palo Alto Networks stock doing today?

$389.92 is the latest print for PANW, a move of -0.86% against yesterday's close of $393.30. Today's low and high so far: $387.79 and $396.30.

How big is Palo Alto Networks?

Equity value comes to $318.95B at the current price. By that measure it is number 42 of the 300 names in our coverage.

Is PANW expensive on earnings?

Buyers pay 974.8 times the last twelve months of profit (EPS $0.40). Averaged over five years the multiple has been 169.5, and today's level ranks in the 95th percentile of its own history.

What's the 52-week trading range for Palo Alto Networks?

The year's floor is $139.57 and the ceiling $398.88. Shares are 2.2% away from that ceiling.

What's the dividend situation for PANW?

Our data shows no dividend paid by Palo Alto Networks over the trailing twelve months.

What are analysts saying about PANW?

Of 38 analysts, 87% say buy, 13% hold and 0% sell. Price targets average $414.66, with the most cautious at $346.00 and the most optimistic at $475.00.

When is the next PANW earnings report?

Palo Alto Networks has its 2026/Q4 report on the calendar for September 1, 2026, after market.

In plain terms, what does Palo Alto Networks sell?

Palo Alto Networks sells firewalls, cloud security and security operations software, and has been pushing customers into a broad platform.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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