NASDAQ: PANW
Palo Alto Networks, Inc.
Technology · Software - Infrastructure
After hours: $281.67(-0.16%) · as of 7:59 PM ET
Market Cap
$192.27B
52w High
$302.95
52w Low
$139.57
P/E
249.06
Volume
4.99M
Outstanding Shares
681.51M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 39.63% over the last year. Revenue grew 19.51% over the trailing twelve months. Operating margin moved from 11.08% to 9.65%. Free cash flow grew 43.09% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (100th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 9.65% — continued expansion would be needed to justify the premium. Revenue growth of 19.51% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Palo Alto Networks, Inc. is a global leader in providing advanced cybersecurity solutions.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 3
Profitability & growth
Analyst consensus
65
Buy
21
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 17, 2026
Q3 FY26 · EPS est $0.97 · Revenue est $3.35B
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