PALO ALTO NETWORKS INC (PANW) Forecast, Price Target & Analyst Ratings

NASDAQ:PANW • US6974351057

Current stock price

183.525 USD
+4.99 (+2.79%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PALO ALTO NETWORKS INC (PANW).

Forecast Snapshot

Consensus Price Target

Price Target
$215.00
+ 17.15% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 18, 2026
Period
Q3 / 2026
EPS Estimate
$0.81
Revenue Estimate
3.003B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.63%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$215.00
Upside
+ 17.15%
From current price of $183.53 to mean target of $215.00, Based on 63 analyst forecasts
Low
$115.14
Median
$213.18
High
$341.25

Price Target Revisions

1 Month
-0.33%
3 Months
-8.46%

Price Target Summary

63 Wall Street analysts provided a forecast for the next 12 months for PANW. The average price target is 215 USD. This implies a price increase of 17.15% is expected in the next year compared to the current price of 183.525.
The average price target has been revised downward by 8.46% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PANW Current Analyst RatingPANW Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 10 20 30

Analyst Ratings History

PANW Historical Analyst RatingsPANW Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 20 40 60

Analyst Ratings Consensus

ChartMill Buy Consensus
80.63%
PANW was analyzed by 63 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about PANW.
In the previous month the buy percentage consensus was at a similar level.
PANW was analyzed by 63 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-03Wells FargoInitiate Overweight
2026-02-19JP MorganMaintains Overweight -> Overweight
2026-02-19CitigroupMaintains Buy -> Buy
2026-02-18CitizensReiterate Market Outperform -> Market Outperform
2026-02-18BernsteinMaintains Outperform -> Outperform
2026-02-18GuggenheimReiterate Neutral -> Neutral
2026-02-18ScotiaBankMaintains Sector Outperform -> Sector Outperform
2026-02-18DA DavidsonMaintains Buy -> Buy
2026-02-18BMO CapitalMaintains Outperform -> Outperform
2026-02-18BTIGReiterate Buy -> Buy
2026-02-18NeedhamMaintains Buy -> Buy
2026-02-18RBC CapitalReiterate Outperform -> Outperform
2026-02-18RosenblattMaintains Buy -> Buy
2026-02-18StifelMaintains Buy -> Buy
2026-02-18WedbushReiterate Outperform -> Outperform
2026-02-18BairdMaintains Outperform -> Outperform
2026-02-18Morgan StanleyMaintains Overweight -> Overweight
2026-02-17MizuhoMaintains Outperform -> Outperform
2026-02-17Truist SecuritiesMaintains Buy -> Buy
2026-02-12BTIGMaintains Buy -> Buy
2026-02-11DA DavidsonMaintains Buy -> Buy
2026-02-10JP MorganMaintains Overweight -> Overweight
2026-02-09BarclaysMaintains Overweight -> Overweight
2026-01-28NeedhamReiterate Buy -> Buy
2026-01-13UBSMaintains Neutral -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 18, 2026
Period
Q3 / 2026
EPS Estimate
$0.81
Revenue Estimate
3.003B
Revenue Q2Q
31.19%
EPS Q2Q
1.43%
Number of Analysts
46

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
13.15%
EPS (1 Month)
-0.02%
EPS (3 Months)
-13.82%

Next Earnings Summary

PANW is expected to report earnings on 5/18/2026. The consensus EPS estimate for the next earnings is 0.81 USD and the consensus revenue estimate is 3.00B USD.
The next earnings revenue estimate has been revised upward by 13.15% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
PANW revenue by date.PANW revenue by date.
6.893B
25.29%		8.028B
16.46%		9.222B
14.87%		11.52B
24.93%		13.82B
19.97%		15.673B
13.41%		17.287B
10.30%		19.206B
11.10%		21.164B
10.19%		23.202B
9.63%		25.287B
8.99%
EBITDA
YoY % growth
PANW ebitda by date.PANW ebitda by date.
669.5M
613.75%		1.172B
75.00%		1.586B
35.40%		3.769B
137.60%		4.489B
19.10%		5.207B
15.99%		N/AN/A7.079B8.518B
20.33%		10.106B
18.64%
EBIT
YoY % growth
PANW ebit by date.PANW ebit by date.
387.3M
305.14%		888.3M
129.36%		1.243B
39.92%		3.313B
166.55%		4.071B
22.88%		4.83B
18.64%		5.342B
10.60%		6.152B
15.16%		6.989B
13.61%		7.825B
11.96%		8.728B
11.54%
Operating Margin
PANW operating margin by date.PANW operating margin by date.
5.62%11.07%13.48%28.76%29.46%30.82%30.90%32.03%33.02%33.73%34.52%
EPS
YoY % growth
PANW eps by date.PANW eps by date.
2.21
75.40%		2.84
28.28%		3.34
17.81%		3.76
12.71%		4.04
7.42%		4.73
17.02%		5.45
15.10%		6.79
24.72%		7.75
14.11%		8.94
15.26%		10.22
14.38%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.81
1.43%		0.96
0.95%		0.93
-0.42%		0.98
-4.65%		0.98
21.14%		1.13
17.82%		1.09
17.46%		1.14
16.23%		1.12
13.92%		1.30
15.05%
Revenue
Q2Q % growth		3.003B
31.19%		3.349B
32.04%		3.235B
30.76%		3.359B
29.49%		3.434B
14.35%		3.772B
12.63%		3.691B
14.10%		3.84B
14.32%		3.883B
13.08%		4.259B
12.91%
EBITDA
Q2Q % growth		867.82M
81.40%		1.057B
25.74%		1.013B
154.52%		1.051B
82.15%		993.99M
14.54%		1.208B
14.29%		1.26B
24.38%		1.301B
23.79%		1.181B
18.81%		1.429B
18.29%
EBIT
Q2Q % growth		779.99M
256.49%		971.47M
95.39%		927.09M
200.03%		982.55M
147.49%		985.71M
26.37%		1.147B
18.07%		1.114B
20.16%		1.168B
18.87%		1.142B
15.86%		1.354B
18.05%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PANW Yearly Revenue VS EstimatesPANW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B 25B
PANW Yearly EPS VS EstimatesPANW Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6 8 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
12.31%
EPS Next 5 Year
15.26%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
18.71%
Revenue Next 5 Year
15.44%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
25.17%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

PALO ALTO NETWORKS INC / PANW Forecast FAQ

What is the average price target for PALO ALTO NETWORKS INC (PANW) stock?

63 analysts have analysed PANW and the average price target is 215 USD. This implies a price increase of 17.15% is expected in the next year compared to the current price of 183.525.

What is the next earnings date for PANW stock?

PALO ALTO NETWORKS INC (PANW) will report earnings on 2026-05-18, after the market close.

Can you provide the consensus estimates for PALO ALTO NETWORKS INC next earnings?

The consensus EPS estimate for the next earnings of PALO ALTO NETWORKS INC (PANW) is 0.81 USD and the consensus revenue estimate is 3.00B USD.

How many analysts have analysed PALO ALTO NETWORKS INC (PANW)?

The number of analysts covering PALO ALTO NETWORKS INC (PANW) is 63.