Overview Dividends

(PANW) Palo Alto Networks - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6974351057

Firewall, Prisma, Cortex, Cloud-Security, Subscription

Systems Software
Market Cap in USD: 122,686m

IPO / Inception: 2012-07-20
Return 12m vs S&P 500: -13.9%

EPS (Earnings per Share)

EPS CAGR: 13.42%
EPS Trend: 27.5%

Last SUE: 0.58
Qual. Beats: 0

Revenue

Rev. CAGR: 18.31%
Rev. Trend: 98.1%

Last SUE: 1.08
Qual. Beats: 2

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	37.5%
Value at Risk 5%th	59.6%
Relative Tail Risk	-3.37%

Reward TTM
Sharpe Ratio	0.01
Alpha	-22.10
CAGR/Max DD	1.28

Character TTM
Hurst Exponent	0.454
Beta	1.148
Beta Downside	0.962

Drawdowns 3y
Max DD	30.49%
Mean DD	8.35%
Median DD	6.95%

Description: PANW Palo Alto Networks December 02, 2025

Palo Alto Networks (NASDAQ: PANW) is a U.S.–based cybersecurity vendor that serves customers across the Americas, EMEA, APAC and Japan. Its go-to-market model combines direct sales with a broad channel partner ecosystem, targeting enterprises, service providers and government agencies in sectors such as finance, healthcare, energy and telecom.

The firm’s product suite spans three strategic pillars: (1) network and cloud security (e.g., Prisma Access SASE, Strata Cloud Manager, VM-Series and CN-Series virtual firewalls); (2) AI-focused protection (Prisma AIR S, which secures the full AI lifecycle); and (3) security operations via the Cortex platform (Cortex XSIAM, XDR, XSOAR, Xpanse) plus Unit 42 threat intelligence and advisory services. Subscription bundles cover threat prevention, DNS security, IoT, SaaS protection, data loss prevention and incident response.

Recent financial data (FY 2024) show revenue of roughly $5.1 billion, up about 18 % YoY, with subscription ARR now exceeding $4.6 billion and gross margins hovering near 76 %. The company’s growth is being driven by macro-level forces: accelerating cloud migration, rising ransomware spend (global ransomware damages projected to surpass $30 billion in 2025), and increasing regulatory pressure on data-privacy and AI security. These trends raise the addressable market for PANW’s cloud-native and AI-security offerings, though execution risk remains around integration of recent acquisitions and maintaining high-margin subscription growth.

For a deeper, data-driven dive into PANW’s valuation metrics and scenario analysis, you might find ValueRay’s research platform useful.

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income (1.12b TTM) > 0 and > 6% of Revenue (6% = 573.4m TTM)

FCFTA 0.17 (>2.0%) and ΔFCFTA 1.63pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -1.13% (prev -14.00%; Δ 12.87pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.17 (>3.0%) and CFO 3.98b > Net Income 1.12b (YES >=105%, WARN >=100%)

Net Debt (-2.72b) to EBITDA (1.99b) ratio: -1.37 <= 3.0 (WARN <= 3.5)

Current Ratio 0.99 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (709.0m) change vs 12m ago 0.0% (target <= -2.0% for YES)

Gross Margin 73.47% (prev 74.17%; Δ -0.71pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 43.53% (prev 40.68%; Δ 2.85pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 820.1 (EBITDA TTM 1.99b / Interest Expense TTM 2.00m) >= 6 (WARN >= 3)

Altman Z'' 1.47

(A) -0.00 = (Total Current Assets 7.31b - Total Current Liabilities 7.42b) / Total Assets 23.54b

(B) 0.12 = Retained Earnings (Balance) 2.82b / Total Assets 23.54b

(D) 0.58 = Book Value of Equity 8.66b / Total Liabilities 14.87b

Total Rating: 1.47 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 83.80

1. Piotroski 6.0pt

2. FCF Yield 3.31%

3. FCF Margin 41.20%

4. Debt/Equity 0.04

5. Debt/Ebitda -1.37

6. ROIC - WACC (= 6.94)%

7. RoE 14.85%

8. Rev. Trend 98.07%

9. EPS Trend 27.46%

What is the price of PANW shares?

As of January 05, 2026, the stock is trading at USD 179.37 with a total of 6,904,662 shares traded.
Over the past week, the price has changed by -4.00%, over one month by -8.34%, over three months by -15.62% and over the past year by -0.07%.

Is PANW a buy, sell or hold?

Palo Alto Networks has received a consensus analysts rating of 4.13. Therefore, it is recommended to buy PANW.

Strong Buy: 26
Buy: 11
Hold: 13
Sell: 0
Strong Sell: 2

What are the forecasts/targets for the PANW price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	225.4	25.7%
Analysts Target Price	225.4	25.7%
ValueRay Target Price	217.8	21.4%

PANW Fundamental Data Overview January 03, 2026

Market Cap USD = 122.69b (122.69b USD * 1.0 USD.USD)
P/E Trailing = 113.5253
P/E Forward = 47.8469
P/S = 12.838
P/B = 14.8168
P/EG = 1.6136
Beta = 0.786
Revenue TTM = 9.56b USD
EBIT TTM = 1.64b USD
EBITDA TTM = 1.99b USD
Long Term Debt = 346.0m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 79.2m USD (from shortTermDebt, two quarters ago)
Debt = 346.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -2.72b USD (from netDebt column, last quarter)
Enterprise Value = 118.82b USD (122.69b + Debt 346.0m - CCE 4.21b)
Interest Coverage Ratio = 820.1 (Ebit TTM 1.64b / Interest Expense TTM 2.00m)
FCF Yield = 3.31% (FCF TTM 3.94b / Enterprise Value 118.82b)
FCF Margin = 41.20% (FCF TTM 3.94b / Revenue TTM 9.56b)
Net Margin = 11.69% (Net Income TTM 1.12b / Revenue TTM 9.56b)
Gross Margin = 73.47% ((Revenue TTM 9.56b - Cost of Revenue TTM 2.54b) / Revenue TTM)
Gross Margin QoQ = 74.21% (prev 73.23%)
Tobins Q-Ratio = 5.05 (Enterprise Value 118.82b / Total Assets 23.54b)
Interest Expense / Debt = 0.58% (Interest Expense 2.00m / Debt 346.0m)
Taxrate = 18.93% (78.0m / 412.0m)
NOPAT = 1.33b (EBIT 1.64b * (1 - 18.93%))
Current Ratio = 0.99 (Total Current Assets 7.31b / Total Current Liabilities 7.42b)
Debt / Equity = 0.04 (Debt 346.0m / totalStockholderEquity, last quarter 8.66b)
Debt / EBITDA = -1.37 (Net Debt -2.72b / EBITDA 1.99b)
Debt / FCF = -0.69 (Net Debt -2.72b / FCF TTM 3.94b)
Total Stockholder Equity = 7.52b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.75% (Net Income 1.12b / Total Assets 23.54b)
RoE = 14.85% (Net Income TTM 1.12b / Total Stockholder Equity 7.52b)
RoCE = 20.84% (EBIT 1.64b / Capital Employed (Equity 7.52b + L.T.Debt 346.0m))
RoIC = 17.15% (NOPAT 1.33b / Invested Capital 7.75b)
WACC = 10.21% (E(122.69b)/V(123.03b) * Re(10.24%) + D(346.0m)/V(123.03b) * Rd(0.58%) * (1-Tc(0.19)))
Discount Rate = 10.24% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 0.67%
[DCF Debug] Terminal Value 73.81% ; FCFE base≈3.59b ; Y1≈4.23b ; Y5≈6.47b
Fair Price DCF = 112.0 (DCF Value 76.63b / Shares Outstanding 684.0m; 5y FCF grow 18.84% → 3.0% )
EPS Correlation: 27.46 | EPS CAGR: 13.42% | SUE: 0.58 | # QB: 0
Revenue Correlation: 98.07 | Revenue CAGR: 18.31% | SUE: 1.08 | # QB: 2
EPS next Quarter (2026-04-30): EPS=0.44 | Chg30d=+0.005 | Revisions Net=-2 | Analysts=18
EPS current Year (2026-07-31): EPS=3.85 | Chg30d=+0.040 | Revisions Net=+42 | Growth EPS=+15.3% | Growth Revenue=+14.2%
EPS next Year (2027-07-31): EPS=2.37 | Chg30d=+0.018 | Revisions Net=-1 | Growth EPS=+20.7% | Growth Revenue=+13.4%

Additional Sources for PANW Stock

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