Palo Alto Networks (PANW)

On 12 Nov 2026 Palo Alto Networks closed at $322.66, +75.2% this year; market cap $246.51bn, P/E 803.0.

About

Information Technology · Systems Software · NASDAQ · United States

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.

Key figures

Market cap$246.51bn
P/E (trailing)803.0
EPS (TTM)$0.40
Beta0.97
Dividend$0.00
Dividend yield0.00%
Ex-dividend date—
Latest report1 Sep 2026
Next earnings18 Nov 2026

Performance

YTD+75.2%
1Y+53.6%
3Y+36.2%
5Y+30.3%

Financials

YearRevenueNet incomeFree cash flow
2026$11.48bn$307.00m$4.11bn
2025$9.22bn$1.13bn$3.47bn
2024$8.03bn$2.58bn$3.10bn
2023$6.89bn$439.70m$2.63bn
2022$5.50bn$-267.00m$1.79bn

Valuation

We publish no single base value for Palo Alto Networks. Our valuation methods put it between $284.34 and $297.32 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate. See every method

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Call and put prices: our price for each next to the market's.

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Data as of 12 Nov 2026. Not investment advice.