PANW— Palo Alto Networks, Inc.
NasdaqGSTechnology · Software - Infrastructure
Palo Alto Networks, Inc. (PANW) stock trades at $290.92, up 1.58% on the day. With a market capitalization of $237.10 billion, PANW is a mega-cap technology stock. It trades at a price-to-earnings (P/E) ratio of 250.8, a forward P/E of 70.7 and earnings per share (EPS) of $1.16. Over the most recent period the company reported 31% year-over-year revenue growth and a net profit margin of 7.9%. Below you'll find PANW's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.
Price & Performance
Performance
Analysis & Verdict
Palo Alto Networks, Inc. (PANW) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
Palo Alto Networks, Inc. (PANW) operates in the Software - Infrastructure space within the Technology sector. With a market cap of $237.1B, it qualifies as a large-cap company. Growth is moderate and the business remains profitable, offering a balanced risk/reward profile compared to high-multiple peers.
- Forward P/E (70.7×) is lower than trailing P/E (250.8×) — analysts expect earnings to improve
- Revenue grew 31% year-over-year — exceptional top-line expansion
- High P/E of 250.8× implies high expectations already priced in — leaves little room for disappointment
- High debt-to-equity of 7.70× increases financial risk, especially with elevated interest rates
- Current ratio below 1 (0.86×) — short-term liabilities exceed current assets
- No dividend history — total return depends entirely on price appreciation
- Price is near its 52-week high — limited near-term upside, higher pullback risk
Verdict
Avoid
Significant fundamental concerns outweigh positives. High risk at current levels.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Fair Value Estimates
Current price: $290.92
Graham Number
√(22.5 × EPS × Book Value)
$29.80
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
N/A
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
3/10
43% score
Pays dividends
No dividend history found
Dividend consistency (5Y+)
Uninterrupted dividend payments for at least 5 years
ROE above 10%
4.8%Return on equity — measures how efficiently capital is used
Positive profit margin
7.9%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
+31.1%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
7.70×Low financial leverage reduces risk of distress
Current ratio above 1
0.86×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$2.4B/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
Stock must distribute income to shareholders
Financials
Revenue & Results
Key Statistics
Earnings
Next Earnings
Aug 18, 2026
55
days
EPS (TTM)
$1.16
P/E (TTM)
250.8
Fwd P/E
70.7
SEC Filings & Reported Financials
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Insider Transactions
SEC Form 4 · officers, directors & 10% owners
Dividends & Income
Dividends
This stock does not pay dividends.
Tools & Simulators
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
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About Palo Alto Networks, Inc.
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.
Sector
Technology
Industry
Software - Infrastructure
Location
Santa Clara, United States
Employees
21,491
PANW — Frequently Asked Questions
Is Palo Alto Networks, Inc. (PANW) a good stock to buy in 2026?
Palo Alto Networks, Inc. (PANW) shows strengths such as revenue growth of 31%, while risks include a rich P/E of 251× and high leverage (debt/equity of 7.7). Whether PANW is a good buy in 2026 depends on your time horizon and risk tolerance — review the full bull case, bear case and fair-value estimates above. This is informational analysis, not financial advice.
What is PANW's stock price today?
Palo Alto Networks, Inc. (PANW) trades at $290.92, up 1.58% on the session. Prices on this page update throughout the trading day.
Does PANW pay a dividend?
No. Palo Alto Networks, Inc. (PANW) does not currently pay a dividend, so the return comes entirely from share-price appreciation.
Is PANW overvalued?
With a P/E ratio of 250.8×, PANW trades at a premium valuation for the technology sector. Its PEG ratio is 4.67. See the Fair Value Estimates section above for Graham Number and dividend-based price targets.
What is PANW's market cap?
Palo Alto Networks, Inc. (PANW) has a market capitalization of $237.10 billion, classifying it as a mega-cap stock in the Technology sector.
Disclaimer: This page — including any buy/hold/avoid view, fair value or price estimate — is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.