Palo Alto Networks (PANW) is trading down at $375.04 (-5.54%) on NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Information Technology sector.
Current price targets from 12 firms average $408, median $413, ranging from $346 to $475 — the average is 9% above the current $375. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2017Jul 2017 | FY2018Jul 2018 | FY2019Jul 2019 | FY2020Jul 2020 | FY2021Jul 2021 | FY2022Jul 2022 | FY2023Jul 2023 | FY2024Jul 2024 | FY2025Jul 2025 | FY2026Jul 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $1.76B | $2.27B | $2.90B | $3.41B | $4.26B | $5.50B | $6.89B | $8.03B | $9.22B | $11.5B |
| Growth (year over year) | +27.8% | +29.1% | +27.5% | +17.5% | +24.9% | +29.3% | +25.3% | +16.5% | +14.9% | +24.5% |
| Gross profit | $1.28B | $1.63B | $2.09B | $2.41B | $2.98B | $3.78B | $4.98B | $5.97B | $6.77B | $8.08B |
| Gross margin | 72.6% | 71.6% | 72.1% | 70.7% | 70.0% | 68.8% | 72.3% | 74.3% | 73.4% | 70.4% |
| Operating income | −$165.8M | −$104.2M | −$54.1M | −$179.0M | −$304.1M | −$188.8M | $387.3M | $684.0M | $1.24B | $695.0M |
| Operating margin | −9.4% | −4.6% | −1.9% | −5.3% | −7.1% | −3.4% | 5.6% | 8.5% | 13.5% | 6.1% |
| Net income | −$203.0M | −$122.2M | −$81.9M | −$267.0M | −$498.9M | −$267.0M | $439.7M | $2.58B | $1.13B | $307.0M |
| Net margin | −11.5% | −5.4% | −2.8% | −7.8% | −11.7% | −4.9% | 6.4% | 32.1% | 12.3% | 2.7% |
| EPS (diluted) | −$0.06 | −$0.04 | −$0.14 | −$0.46 | −$0.86 | −$0.45 | $0.64 | $3.64 | $1.60 | $0.40 |
| Balance sheet | ||||||||||
| Cash and equivalents | $744.3M | $2.51B | $961.4M | $2.96B | $1.87B | $2.12B | $1.14B | $1.53B | $2.27B | $2.51B |
| Total assets | $3.44B | $5.95B | $6.59B | $9.07B | $10.2B | $12.3B | $14.5B | $20.0B | $23.6B | $48.5B |
| Total liabilities | $2.51B | $4.79B | $5.01B | $7.96B | $9.48B | $12.0B | $12.8B | $14.8B | $15.8B | $21.0B |
| Long-term debt | $524.7M | $1.92B | $1.43B | $3.08B | $3.23B | $3.68B | $1.99B | — | — | — |
| Shareholders' equity | $759.6M | $1.16B | $1.59B | $1.10B | $634.5M | $210.0M | $1.75B | $5.17B | $7.82B | $27.5B |
| Cash flow | ||||||||||
| Operating cash flow | $868.8M | $1.04B | $1.06B | $1.04B | $1.50B | $1.98B | $2.78B | $3.26B | $3.72B | $4.55B |
| Capital expenditure | $163.4M | $112.0M | $131.2M | $214.4M | $116.0M | $192.8M | $146.3M | $157.0M | $247.0M | $440.0M |
| Free cash flow | $705.4M | $926.1M | $924.4M | $821.3M | $1.39B | $1.79B | $2.63B | $3.10B | $3.47B | $4.11B |
| Share buybacks | $411.0M | $259.1M | $330.0M | $1.20B | $1.18B | $892.3M | $272.7M | $567.0M | $0 | $1.00B |
| Q1 FY25Oct 2024 | Q2 FY25Jan 2025 | Q3 FY25Apr 2025 | Q4 FY25†Jul 2025 | Q1 FY26Oct 2025 | Q2 FY26Jan 2026 | Q3 FY26Apr 2026 | Q4 FY26†Jul 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $2.14B | $2.26B | $2.29B | $2.54B | $2.47B | $2.59B | $3.00B | $3.41B |
| Growth (year over year) | +13.9% | +14.3% | +15.3% | +15.9% | +15.7% | +14.9% | +31.1% | +34.5% |
| Gross profit | $1.58B | $1.66B | $1.67B | $1.86B | $1.84B | $1.91B | $2.03B | $2.30B |
| Gross margin | 74.1% | 73.5% | 73.0% | 73.2% | 74.2% | 73.6% | 67.6% | 67.6% |
| Operating income | $286.0M | $241.0M | $219.0M | $497.0M | $309.0M | $397.0M | −$183.0M | $172.0M |
| Operating margin | 13.4% | 10.7% | 9.6% | 19.6% | 12.5% | 15.3% | −6.1% | 5.0% |
| Net income | $351.0M | $267.0M | $262.0M | $254.0M | $334.0M | $432.0M | −$177.0M | −$282.0M |
| Net margin | 16.4% | 11.8% | 11.4% | 10.0% | 13.5% | 16.7% | −5.9% | −8.3% |
| EPS (diluted) | $0.49 | $0.38 | $0.37 | $0.36 | $0.47 | $0.61 | −$0.22 | −$0.46 |
| Balance sheet | ||||||||
| Cash and equivalents | $2.28B | $2.23B | $2.38B | $2.27B | $3.07B | $4.16B | $2.36B | $2.51B |
| Total assets | $20.4B | $21.0B | $22.0B | $23.6B | $23.5B | $25.0B | $46.3B | $48.5B |
| Total liabilities | $14.5B | $14.6B | $14.8B | $15.8B | $14.9B | $15.6B | $18.6B | $21.0B |
| Shareholders' equity | $5.91B | $6.38B | $7.23B | $7.82B | $8.66B | $9.39B | $27.7B | $27.5B |
| Cash flow | ||||||||
| Operating cash flow | $1.51B | $557.0M | $628.0M | $1.02B | $1.77B | $554.0M | $871.0M | $1.36B |
| Capital expenditure | $44.0M | $48.0M | $68.0M | $87.0M | $84.0M | $170.0M | $83.0M | $103.0M |
| Free cash flow | $1.47B | $509.0M | $560.0M | $934.0M | $1.69B | $384.0M | $788.0M | $1.25B |
| Share buybacks | $0 | $0 | $0 | $0 | — | — | — | $0 |
From Palo Alto Networks's 10-K and 10-Q filings with the SEC; its fiscal year ends in July. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in over 150 countries, including 85 of the Fortune 100. It is home to the Unit 42 threat research team and hosts the Ignite cybersecurity conference. It is a partner organization of the World Economic Forum.
Source: Wikipedia — Palo Alto Networks
Palo Alto Networks director Bawa sells $103,070 in stock
Palo Alto Networks director Bawa sells $103,070 in stock
Palo Alto Networks director Aparna Bawa sells $103,070 in stock
Palo Alto Networks director Aparna Bawa sells $103,070 in stock
Palo Alto Networks director Bawa sells $103,070 in company stock
Palo Alto Networks director Bawa sells $103,070 in company stock
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