Inside the research

Palo Alto Networks, Inc.

PANW Research profile · latest available data

Price overview

$374.74

▼ -15.18 (-3.9%)

52w hi$396.00
52w lo$141.67
Vol4.88M
As of25 Sep 2026

The Verdict

Hold

Our score +0.50

Short+0.26
Medium+0.77
Long+0.43

computed 2026-09-27

Key fundamentals

Palo Alto Networks, Inc.

Technology · Software - Infrastructure

Market cap$306.54B
Enterprise value$306.03B
Trailing P/E914.00x
Forward P/E76.81x
EV / EBITDA196.18x
P / S (ttm)26.70x
Profit margin2.7%
Return on equity1.7%
Revenue growth+34.5%
Debt / equity9.34

Layer Breakdown

LayerRawContribution
Fundamental+0.13
Sector+0.19
Technical+0.27
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Palo Alto Networks, Inc. provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers Prisma Access, a secure access service edge solution; Strata Cloud Manager, a network security management solution; and Prisma AIRS to protect customers' entire AI ecosystem. It provides a comprehensive cloud native application protection platform; and Code to Cloud platform, as well as offers VM-Series and CN-Series virtual firewalls for inline network security on multi- and hybrid-cloud environments. It provides security operation solutions through the Cortex platform that includes Cortex XSIAM, an AI-driven security operations platform; Cortex XDR to prevent, detect, and respond to cybersecurity attacks; and Cortex XSOAR for security orchestration, automation, and response; and Cortex Xpanse for attack surface management, as well as offers threat intelligence and advisory services under the Unit 42 name. It provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline; and threat intelligence, data loss prevention, services to resolve network disruptions, and sensitive data protection. It offers 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. It sells its products and services through its channel partners, as well as directly to 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.

United States · www.paloaltonetworks.com

Risk Metrics

Beta vs SPX1.22
Corr SPX0.47
Annual vol41.9%
Annual ret+48.2%
Sharpe1.15
Max DD-36.0%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$206.46
High / Low$265.00 / $114.00
Median$206.00
Analysts50
Strong Buy10
Buy34
Hold11
Sell1
Strong Sell0

Recent rating actions

2026-05-06Truist Securities→ Buy
2026-05-06BTIG→ Buy
2026-05-05Wells Fargo→ Overweight
2026-03-11Freedom Broker→ Buy
2026-03-03Wells Fargo→ Overweight
2026-02-19JP Morgan→ Overweight

Officers & Board

CEONikesh Arora since 2018
FounderNir Zuk current

Material Events

DateEvent8-K
2026-06-02Earnings Release, Exhibitsread
2026-04-13Material Agreement, Material Obligation…read
2026-03-23Other Material Eventread
2026-03-11Other Material Event, Exhibitsread
2026-02-17Earnings Release, Exhibitsread
2026-02-11Material Agreement, Material Obligation…read
2026-01-29Reg FD Disclosure, Exhibitsread
2025-12-11Officer / Director Change, Shareholder Vote…read
2025-11-21Other Material Eventread
2025-11-19Earnings Release, Reg FD Disclosure…read
2025-11-19Officer / Director Change, Exhibitsread
2025-09-25Other Material Eventread

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-01Paul Josh D.Officer, Chief AccountingWithheld for tax3.86K$1.28M
2026-07-07Thorning-Schmidt HelleDirectorSell700$242.80K
2026-07-01Paul Josh D.Officer, Chief AccountingWithheld for tax1.09K$372.39K
2026-07-01Paul Josh D.Officer, Chief AccountingSell900$310.50K
2026-06-23Golechha DipakOfficer, EVP, Chief FinanSell200$57.34K
2026-06-23Golechha DipakOfficer, EVP, Chief FinanSell1.30K$375.64K
2026-06-23Golechha DipakOfficer, EVP, Chief FinanSell2.10K$609.07K
2026-06-23Golechha DipakOfficer, EVP, Chief FinanSell300$85.44K
2026-06-23Golechha DipakOfficer, EVP, Chief FinanSell886$257.89K
2026-06-23Golechha DipakOfficer, EVP, Chief FinanSell214$62.45K

Flow & Concentration

Insider 180d net-$8.85M
Insider buys / sells0 / 18
Insider biasSellers
13F holders7
Top-5 share99.0%
HHI3,100 (concentrated)

Top Holders

HolderValueShares
State Street Corp$12.61B36.98M
Fidelity / FMR LLC$6.84B20.05M
Capital Research / Capital World$3.43B10.05M
Citadel Advisors$2.88B8.46M
Millennium Management$1.03B3.03M
AQR Capital Management$265.66M780.79K
T. Rowe Price Group$1.42M4.16M

As of 2026-06-30

Federal Contracts

AmountAgencyDescription
$0Department of JusticeEXPERT WITNESS SERVICES

SEC Filings

DateFormDoc
2026-08-044view
2026-07-084view
2026-07-024view
2026-07-014view
2026-07-014view
2026-06-244view
2026-06-224view
2026-06-164view
2026-06-124view
2026-06-124view
2026-06-084view
2026-06-0310-Qview
2026-06-024view
2026-06-024view
2026-06-028-Kview

The Long Run

FY 2013–2025 · 13 years

LineLatestCAGRTrend
Revenue$6.89B+26.9%
Gross profit$6.77B+43.8%
Operating income$1.24B+18731.8%
Net income$2.58B+5813.9%
Cash from ops$3.72B+48.6%

Indices

NASDAQ-100S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$387.94$388.25$373.78$374.744.88M
Sep 24$392.44$396.30$387.79$389.923.97M
Sep 23$379.80$393.52$374.20$393.306.27M
Sep 22$374.80$377.91$363.58$374.578.11M
Sep 21$364.09$374.56$357.59$371.765.38M

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