PANWtechnologynasdaqgsupdated 4:57:26 PM

Palo Alto Networks logoPalo Alto Networks

Palo Alto Networks (PANW) is a technology company operating in software—infrastructure. Performance is often sensitive to product cycles, cloud demand, and AI investment trends. This analysis page tracks valuation context, trend strength, and downside risk over time.

Price

$401.60

-0.55% today

Risk

High

42.2% vol · 30d

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Key facts, as of

As of October 13, 2026, Palo Alto Networks (PANW) trades at $401.60, up 88.3% over the past year. Its 52-week range runs from $139.57 to $432.33; the price is 7.1% below that high. It is 7.1% below its all-time high of $432.33, reached in October 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +1396.2%, against +312.9% for the S&P 500 (SPY). It sits 55.6% above its 200-day average of $258.07, the usual sign of a long-term uptrend. Its 30-day volatility is 42.2% annualized, which we rate high risk. It has a trailing P/E of 1004.0.

Cite: Portfolio Terminal, "Palo Alto Networks (PANW) stock analysis", 2026-10-13. https://portfolio-terminal.com/analyse/panw

01Market

Where it trades today

Market cap

$328.51B

Price / earnings

1004.0x

Beta

0.93

swings less than the market

Dividend yield

none

Volume

1.60M

avg 6.05M

50-day average

$373.38

200-day average

$258.07

30-day trend

bullish

52-week range7.1% below the high
low $139.57$401.60high $432.33

trading 90% of the way up its 52-week range

02Price

How the price has moved

30-day price+7.40%
30 days ago$373.94 → $401.60today
1-year performance+93.2%
$215$290$365OctNovDecJanFebMarAprMayJunJulAugSep
PANW · 52 weeks$207.89 → $401.60
03History

How far it is from its record

All-time high

$432.33

Oct 2026, intraday

From the high

−7.1%

+7.7% to regain it

History from

Jul 2012

monthly, Yahoo Finance

10 years

+1396.2%

SPY +312.9%

Palo Alto Networks (PANW) is 7.1% below its all-time high of $432.33, reached in October 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +1396.2%, against +312.9% for the S&P 500 (SPY).

PANW since Jul 2012−7.1% from the high
$112$224$337$401.60$432.33 · Oct 2026201520202025
Month-end closes, split-adjusted · dashed: today
04Decision

What to weigh before acting

decision support3 sources

What Matters Now

  • Execution usually depends on product cycles, cloud demand, and how efficiently new AI or software capex converts into durable revenue.
  • PANW trades at 1004.0x earnings, well above the technology average of 28.5x, so the market is already pricing in above-consensus execution.
  • Recent realized volatility is running around 42.2%, above the sector norm of 28.0%, so position sizing matters more than usual.
  • PANW is in a bullish short-term regime and only 7.1% below its 52-week high, so the question is whether fundamentals can keep pace with that stronger tape.

Portfolio Use Case

  • PANW is more useful for investors comparing conviction names inside technology than for someone looking for a passive “set and forget” holding.
  • The beta profile suggests it can fit a quality or lower-volatility sleeve more naturally than a high-octane tactical basket.
  • It is best monitored alongside valuation discipline, because strong narratives in technology can stay expensive longer than expected.

What Would Change the View

  • A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in PANW.
  • If the short-term trend rolls over while volume fades, the market may stop paying up for momentum before the fundamentals change.
  • Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.

Methodology

  • Price, market cap, beta, yield, and liquidity fields for PANW come from Yahoo Finance quote and summary data.
  • 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
  • Sector context uses stored benchmark averages for Technology so each page compares the ticker against a stable peer baseline rather than against the whole market.
  • Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as AAPL, MSFT, NVDA.

Sources

  • Yahoo Finance quote dataopen →

    Live quote, valuation, beta, yield, and volume fields used for PANW. Last refresh: Oct 13, 2026, 4:57 PM.

  • Portfolio Terminal methodologyopen →

    Explains how analytics, refresh cadence, and portfolio interpretation work across the product.

  • Peer set and coverage context

    Comparative context for this page is anchored around nearby tracked names such as AAPL, MSFT, NVDA.

Editorial note · Written by Portfolio Terminal Research. Template updated 3/24/2026, market data refreshed 10/13/2026, 4:57:26 PM. Built for research and portfolio monitoring, not personalized investment advice.
05About

What Palo Alto Networks does

profile

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…

Employees

21,921

Industry

Software - Infrastructure

Headquarters

Santa Clara, United States

06Analyst Consensus

What analysts expect

PANW carries a buy consensus from 50 analysts, with an average price target of $396.92 versus $401.60 today (-1.2%). Targets are estimates and can move quickly after earnings.

Consensus

Buy

Average target

$396.92

$190.00 to $475.00

Upside to target

-1.2%

Analysts covering

50

Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.

07Financial Strength

How the business is doing

PANW generated $11.48B in trailing revenue (34.5% year over year), with a 2.7% net margin, and $4.24B of free cash flow, supported by $504.00M of net cash.

Revenue (TTM)

$11.48B

Net margin

2.7%

Revenue growth

34.5%

Free cash flow

$4.24B

Gross margin

70.4%

Operating margin

5.4%

Return on equity

1.7%

Total cash

$3.07B

Total debt

$2.57B

Earnings growth

N/A

08Annual Financials

The numbers, year by year

annual financials4 years
Fiscal yearRevenueGross profitOperating incomeNet incomeEPSFree cash flow
2026$11.48B$8.08B$695.00M$307.00M$0.41$4.11B
2025$9.22B$6.77B$1.24B$1.13B$1.71$3.47B
2024$8.03B$5.97B$684.00M$2.58B$4.04$3.10B
2023$6.89B$4.98B$387.30M$439.70M$0.72$2.63B
Company filings via Yahoo Finance. Refreshed 10/13/2026.
09Next Earnings

When it reports next

Next report

Nov 19, 2026

EPS estimate

$0.97

Revenue estimate

$3.31B

Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.

10ETFs

Which ETFs hold it

PANW is in 9 of the 30 ETFs we track. It weighs most in XLK: 1.81% of the fund, holding #12 of 75.

etfs holding it9 of 30 funds
XLK1.81%#12 of 75QQQM1.35%#20 of 102QQQ1.33%#20 of 101VGT1.24%#12 of 318VUG0.86%#19 of 147SPY0.48%#35 of 504IVV0.48%#35 of 503VOO0.47%#37 of 505VTI0.42%#36 of 3,503
11Investors

Famous investors who hold it

PANW is in the latest 13F of 1 of the 15 famous investors we follow. Stanley Druckenmiller (Duquesne Family Office) holds the most of it: 0.76% of the portfolio, position #32 of 94, as of Q2 2026.

famous investors1 of 15 13F filers
Stanley DruckenmillerDuquesne Family Office · Q2 20260.76%#32 of 94
SEC Form 13F, Q2 2026, filed August 14, 2026. Long US positions only, 45 days after the quarter; shares, not options.Every investor we follow →
12Sector

How it sits in technology

High-growth sector driven by innovation, cloud computing, AI, and digital transformation.

versus the sectorPANW vs average
metricPANWsectorverdict
price / earnings1004.0x28.5x↑ 3423%
beta0.931.15less volatile
dividend yield0.00%0.80%below average
30-day volatility42.2%28%higher risk
13Peers

The companies it competes with

PANW beside the technology names it is usually measured against.

competitors4 companies
companypricemarket cap
Palo Alto Networks logoPANW$401.60$328.51B
Apple Inc. logoAAPL$343.77$5.02TMicrosoft Corporation logoMSFT$545.76$4.05TNVIDIA Corporation logoNVDA$227.00$5.48T
Any row opens that company's own analysis.
14Technicals

What the chart is saying

In an uptrend, 7.1% under its 1-year high with no resistance above.

uptrend
panw · daily
50-day 373200-day 258resistancesupport
2003007030RSI 14 · 56volS 393S 368402MayJunJulAugSepOct
Daily candles · PANWLevels are zones where the price turned at least twice in the last year. Last close $401.60 on 2026-10-13.

RSI (14)

56

neutral zone

vs 50-day

+7.6%

avg $373.38

vs 200-day

+55.6%

avg $258.07

From 1-year high

−7.1%

high $432.33 · 2026-10-06

levels and the read61% annualized vol · 30d
support$393.10turned here 2×−2.1%
support$368.49turned here 2×−8.2%
  • Price is 7.6% above its 50-day average and 55.6% above its 200-day.
  • The 50-day crossed above the 200-day on 2026-05-28 (a “golden cross”).
  • RSI at 56 is neither stretched nor washed out.
  • Nothing above has stopped it this year; the nearest floor is $393.10 (-2.1%).

A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.

15Questions

Questions people ask about it

questions9 answered

Is PANW a good investment in 2026?

Palo Alto Networks trades at a P/E ratio of 1004.0, with high volatility (42.2% annualized). Recent momentum is positive.

What is the risk level of PANW?

Based on 30-day volatility of 42.2%, PANW has HIGH risk. Beta of 0.93 indicates lower sensitivity to market movements than average.

Does PANW pay dividends?

Palo Alto Networks currently does not pay a regular dividend.

How far is PANW from its all-time high?

Palo Alto Networks is 7.1% below its all-time high of $432.33, reached in October 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +1396.2%, against +312.9% for the S&P 500 (SPY).

Which ETFs hold PANW?

9 of the 30 popular ETFs we track hold Palo Alto Networks. The largest weights: XLK (1.81%), QQQM (1.35%), QQQ (1.33%), VGT (1.24%) and VUG (0.86%). Measured on each issuer's full holdings file, dated August 31 to October 1, 2026.

How much of VOO is PANW?

0.47%, as of August 31, 2026: PANW is holding #37 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $4.68 in Palo Alto Networks.

Which famous investors own PANW?

Stanley Druckenmiller (0.76% of Duquesne Family Office's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.

What is the analyst price target for PANW?

The average analyst price target for Palo Alto Networks (PANW) is $396.92 based on 50 analyst estimates, about 1.2% below the current price of $401.60. The published range runs from $190.00 to $475.00.

How much revenue does PANW generate?

Palo Alto Networks reported $11.48B in trailing twelve-month revenue. Revenue growth is running at 34.5% year over year. Net margin sits at 2.7%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.

Compare PANW with anything

Five years side by side: what $10,000 became, how far each fell, whether they move together.

Palo Alto Networks logo