Palo Alto Networks (PANW) Stock Insights

PANW price $394.49 -7.21 -1.79%

Ticker
PANW
Price
$394.49
Change
-7.21 -1.79%
Market cap ?
$322.69B
P/E ?
873.26
Forward P/E ?
94.27
Dividend yield ?
0.00%
Beta ?
0.93
Sector
Technology
Industry
Software - Infrastructure
Stocklytics score
34
Value
11
Quality
40
Growth
52

Stocklytics score rationale: value 11, quality 40, growth 52.

Financials

2017201820192020202120222023202420252026
17616000002273100000289960000034084000004256100000550150000068927000008027500000922150000011480000000

Palo Alto Networks, Inc. is a global leader in providing advanced cybersecurity solutions. The company's core product line includes both hardware and software-based firewalls. It also offers Panorama, a sophisticated security management platform designed for centralized control of these firewall deployments, whether they are physical appliances, virtual instances, or situated in public or private cloud environments…

Fair value

PANW fair value $125.68. Price $394.49. Price is 214% above fair value.

Above fair value, and more expensive than usual. A larger premium than on 99% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 4.11B. Growth 13.99%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.43% (beta 0.9). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 818.00M. Net debt -14.00M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Model uncertainty high for this stock

Compare PANW

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-18—0.97—3.31B
2026-09-011.020.983.41B3.35B
2026-06-020.850.793.00B2.94B
2026-02-171.030.942.59B2.58B
2025-11-190.930.892.47B2.46B
2025-08-180.950.892.54B2.50B
2025-05-200.800.772.29B2.28B
2025-02-130.810.782.26B2.24B
2024-11-200.781.482.14B2.12B
2024-08-190.751.412.19B2.16B
2024-05-200.661.271.98B1.97B
2024-02-200.731.301.98B1.97B
2023-11-150.690.581.88B1.84B
2023-08-180.720.641.95B1.96B
2023-05-230.550.461.72B1.71B
2023-02-210.520.391.66B1.65B
2022-11-170.830.341.56B1.55B
2022-08-220.400.381.55B1.54B
2022-05-190.300.281.39B1.36B
2022-02-220.290.281.32B1.28B
2021-11-180.270.261.25B1.28B
2021-08-230.270.241.22B1.20B
2021-05-200.230.211.07B1.06B
2021-02-220.260.241.02B931.57M
2020-11-160.270.22946.00M739.73M
2020-08-240.250.23950.40M892.61M
2020-05-210.190.15869.40M698.49M
2020-02-240.200.19816.70M768.66M
2019-11-250.170.17771.90M757.20M
2019-09-040.250.24805.80M778.39M
2019-05-290.220.21726.60M693.32M
2019-02-260.250.20711.20M574.61M
2018-11-290.190.17656.00M588.72M
2018-09-060.210.19658.10M601.91M
2018-06-040.170.16567.10M550.50M
2018-02-260.140.13542.40M444.35M
2017-11-200.120.11505.50M467.89M
2017-08-310.150.13509.10M431.58M
2017-05-310.100.09431.80M389.33M
2017-02-280.100.10422.60M415.89M

Dividends

Yield 0.00%. Payout ratio 0.00%. Frequency —.

Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.

Ex-dateDividendRecordPaymentFrequency
No data yet.

Insider trades

DateInsiderActionSharesPriceValue
2026-10-12Arora NikeshSell500.00K——
2026-10-09Bawa AparnaSell170$410.0069.70K
2026-10-09Bawa AparnaSell80$417.1233.37K
2026-10-08Klarich LeeSell60.00K——
2026-10-01Paul Josh D.Sell1.31K$397.31519.68K
2026-10-01Paul Josh D.Sell400$395.70158.28K
2026-09-30Klarich LeeSell25.00K——
2026-09-24Golechha DipakSell900$388.69349.82K
2026-09-24Golechha DipakSell2.16K$389.85842.07K
2026-09-24Golechha DipakSell9.54K$390.653.73M
2026-09-24Golechha DipakSell5.30K$391.712.08M
2026-09-24Golechha DipakSell6.40K$392.712.51M
2026-09-24Golechha DipakSell2.20K$393.58865.88K
2026-09-24Golechha DipakSell900$394.98355.48K
2026-09-24Golechha DipakSell100$396.2139.62K
2026-09-24Bawa AparnaSell260$392.69102.10K
2026-09-18Paul Josh D.Buy7.21K——
2026-09-17GOETZ JAMES JSell900$372.51335.26K
2026-09-17GOETZ JAMES JSell910$373.53339.91K
2026-09-17GOETZ JAMES JSell3.35K$374.721.25M
2026-09-17GOETZ JAMES JSell4.31K$375.731.62M
2026-09-17GOETZ JAMES JSell4.75K$376.661.79M
2026-09-17GOETZ JAMES JSell1.29K$377.65488.30K
2026-09-17GOETZ JAMES JSell1.50K$378.74569.62K
2026-09-17GOETZ JAMES JSell700$379.61265.72K
2026-09-17GOETZ JAMES JSell1.00K$380.71380.71K
2026-09-17GOETZ JAMES JSell781$381.86298.23K
2026-09-17GOETZ JAMES JSell500$382.69191.34K
2026-09-15Bawa AparnaSell500$377.18188.59K
2026-09-14Key John P.Sell2.50K$376.03940.07K
2026-09-14Bawa AparnaSell1.00K$373.61373.61K
2026-09-01Thorning-Schmidt HelleSell211$382.1380.63K
2026-09-01Paul Josh D.Sell900$373.68336.31K
2026-08-25Paul Josh D.Sell900$353.77318.39K
2026-08-21Paul Josh D.Sell1.53K$349.56534.48K
2026-08-01Paul Josh D.Sell3.86K$331.831.28M
2026-07-07Thorning-Schmidt HelleSell700$346.85242.80K
2026-07-01Paul Josh D.Sell1.09K$341.02372.39K
2026-07-01Paul Josh D.Sell900$345.00310.50K
2026-07-01Bawa AparnaSell290$348.74101.13K
2026-06-30Arora NikeshSell865.09K——
2026-06-29Bawa AparnaSell327$309.83101.31K
2026-06-29Bawa AparnaSell305$328.14100.08K
2026-06-23Golechha DipakSell300$284.8085.44K
2026-06-23Golechha DipakSell200$286.6857.34K
2026-06-23Golechha DipakSell1.30K$288.96375.64K
2026-06-23Golechha DipakSell2.10K$290.03609.07K
2026-06-23Golechha DipakSell886$291.07257.89K
2026-06-23Golechha DipakSell214$291.8462.45K
2026-06-22Bawa AparnaSell345$290.17100.11K
2026-06-12GOETZ JAMES JSell1.40K$277.89389.04K
2026-06-12GOETZ JAMES JSell4.80K$278.891.34M
2026-06-12GOETZ JAMES JSell7.11K$279.881.99M
2026-06-12GOETZ JAMES JSell5.19K$280.891.46M
2026-06-12GOETZ JAMES JSell1.49K$281.64420.49K
2026-06-12Bawa AparnaSell536$280.00150.08K
2026-06-12Key John P.Sell7.50K$279.242.09M
2026-06-11Bawa AparnaSell555$270.00149.85K
2026-06-10Bawa AparnaSell377$265.0099.91K
2026-06-04Jenkins William D JrSell69.50K——
2026-06-01Paul Josh D.Sell1.10K$285.08313.59K
2026-06-01Thorning-Schmidt HelleSell211$281.6959.44K
2026-05-22Klarich LeeSell543$250.03135.77K
2026-05-22Klarich LeeSell519$251.20130.37K
2026-05-22Klarich LeeSell582$251.94146.63K
2026-05-22Klarich LeeSell320$253.2581.04K
2026-05-22Klarich LeeSell4.21K$254.851.07M
2026-05-22Klarich LeeSell4.69K$255.581.20M
2026-05-22Klarich LeeSell2.88K$256.60737.72K
2026-05-22Klarich LeeSell2.90K$257.63746.36K
2026-05-22Klarich LeeSell10.41K$258.702.69M
2026-05-22Klarich LeeSell18.07K$259.624.69M
2026-05-22Klarich LeeSell16.86K$260.624.40M
2026-05-22Klarich LeeSell923$261.25241.13K
2026-05-20Paul Josh D.Sell400$236.9594.78K
2026-04-08Key John P.Sell1.57K$173.32272.46K
2026-04-01Paul Josh D.Sell947$160.32151.82K
2026-04-01Paul Josh D.Sell1.10K$161.40177.54K
2026-04-01Golechha DipakSell200$157.8131.56K
2026-04-01Golechha DipakSell1.30K$160.04208.05K
2026-04-01Golechha DipakSell3.50K$160.70562.46K
2026-03-27Arora NikeshBuy100$147.4814.75K
2026-03-27Arora NikeshBuy67.98K$146.879.99M
2026-03-10Paul Josh D.Buy26.37K——
2026-03-06GOETZ JAMES JOther0——
2026-03-06GOETZ JAMES JSell8.50K$163.831.39M
2026-03-06GOETZ JAMES JSell14.18K$164.762.34M
2026-03-02Paul Josh D.Sell1.70K$147.90251.43K
2026-02-12Bawa AparnaBuy24——
2026-02-12Klarich LeeBuy70——
2026-02-12Arora NikeshBuy165——
2026-01-08Klarich LeeBuy92.01K$32.252.97M
2026-01-08Klarich LeeSell12.62K$189.602.39M
2026-01-08Klarich LeeSell46.19K$190.698.81M
2026-01-08Klarich LeeSell54.88K$191.4710.51M
2026-01-08Klarich LeeSell6.71K$192.381.29M
2026-01-08Klarich LeeSell367$193.1670.89K
2026-01-08Klarich LeeSell92.01K$32.252.97M
2026-01-02Jenkins William D JrSell904$184.81167.07K
2026-01-02Paul Josh D.Sell800$184.81147.85K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 3.06K, holders +465 vs prior quarter. Ownership 92.60%.

HolderSharesChangeChange %Value
BLACKROCK, INC.75.75M3.32M+4.59%25.83B
VANGUARD CAPITAL MANAGEMENT LLC53.13M363.47K+0.69%18.12B
STATE STREET CORP36.98M1.49M+4.21%12.61B
MORGAN STANLEY29.45M-2.87M-8.88%10.04B
INVESCO LTD.25.65M8.52M+49.76%8.75B
BANK OF AMERICA CORP /DE/22.68M205.12K+0.91%7.73B
JPMORGAN CHASE & CO21.72M8.25M+61.22%7.21B
FMR LLC20.05M11.95M+147.44%6.84B
GEODE CAPITAL MANAGEMENT, LLC19.62M292.06K+1.51%6.67B
VANGUARD PORTFOLIO MANAGEMENT LLC19.35M-253.81K-1.29%6.60B
NORGES BANK9.75M9.75MNew3.33B
NUVEEN, LLC9.01M1.02M+12.74%3.07B
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC8.78M706.00K+8.75%2.99B
NORTHERN TRUST CORP8.76M77.31K+0.89%2.99B
GOLDMAN SACHS GROUP INC7.93M1.70M+27.25%2.71B
JANE STREET GROUP, LLC7.46M5.55M+290.32%2.54B
ROYAL BANK OF CANADA6.96M-597.05K-7.90%2.37B
UBS GROUP AG6.76M4.67M+224.04%2.30B
JANE STREET GROUP, LLC6.73M4.82M+252.42%2.30B
SUSQUEHANNA INTERNATIONAL GROUP, LLP6.65M2.06M+44.87%2.27B
AMERIPRISE FINANCIAL INC6.56M62.42K+0.96%2.25B
SUSQUEHANNA INTERNATIONAL GROUP, LLP6.41M1.82M+39.66%2.19B
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.6.38M6.38MNew2.18B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC6.38M434.75K+7.31%2.18B
WELLS FARGO & COMPANY/MN5.97M-149.85K-2.45%2.04B

Insights

Revenue by product
PeriodValue
FY2014Subscription: 123236000.0, Support and maintenance: 134800000.0
FY2015Subscription: 212676000.0, Support and maintenance: 222718000.0
FY2016Subscription: 357000000.0, Support and maintenance: 350700000.0
FY2017Subscription: 550800000.0, Support and maintenance: 501700000.0
FY2018Subscription: 759600000.0, Support and maintenance: 642000000.0
FY2019Product: 1096200000.0, Subscription: 1032700000.0, Support: 770700000.0
FY2020Product: 1064200000.0, Subscription: 1405300000.0, Support: 938900000.0
FY2021Product: 1120300000.0, Subscription: 1898800000.0, Support: 1237000000.0
FY2022Product: 1363100000.0, Subscription: 2539000000.0, Support: 1599400000.0
FY2023Product: 1578400000.0, Subscription: 3335400000.0, Support: 1978900000.0
FY2024Product: 1603300000.0, Subscription: 4188500000.0, Support: 2235700000.0
FY2025Product: 1801900000.0, Subscription: 4974400000.0, Support: 2445200000.0
FY2026Product: 2280000000.0, Subscription: 6239000000.0, Support: 2961000000.0
Revenue by region
PeriodValue
FY2013Americas: 247616000.0, Asia Pacific: 56995000.0
FY2014Americas: 396626000.0, Asia Pacific: 74638000.0, EMEA: 126915000.0
FY2015Americas: 639328000.0, Asia Pacific: 110005000.0, EMEA: 178719000.0
FY2016Americas: 973200000.0, Asia Pacific: 158200000.0, EMEA: 247100000.0
FY2017Americas: 1237400000.0, Asia Pacific: 204100000.0, EMEA: 320100000.0
FY2018Americas: 1558700000.0, Asia Pacific: 275100000.0, EMEA: 439300000.0
FY2019Americas: 1982300000.0, Asia Pacific: 352500000.0, EMEA: 564800000.0
FY2020Americas: 2327900000.0, Asia Pacific: 415700000.0, EMEA: 664800000.0
FY2021Americas: 2937500000.0, Asia Pacific: 501300000.0, EMEA: 817300000.0
FY2022Americas: 3802600000.0, Asia Pacific: 643100000.0, EMEA: 1055800000.0
FY2023Americas: 4719900000.0, Asia Pacific: 813200000.0, EMEA: 1359600000.0
FY2024Americas: 5482900000.0, Asia Pacific: 942600000.0, EMEA: 1602000000.0
FY2025Americas: 6205100000.0, Asia Pacific: 1099000000.0, EMEA: 1917400000.0
FY2026Americas: 7679000000.0, Asia Pacific: 1373000000.0, EMEA: 2428000000.0

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Palo Alto Networks (PANW) Stock Insights

PANW$394.49-7.21 -1.79%

$322.69B

Market Cap

873.26

P/E

94.27

Forward P/E

34

Score

Price History