PANW Palo Alto Networks Inc
What matters nowUpdated 11 h ago
- On October 8, 2026 Palo Alto Networks was named one of 11 founding partners of Anthropic's Critical Infrastructure Defense Program, which covers operators of power grids and water systems 1. On October 1 it launched Cortex XCOR, an AI observability platform built on Chronosphere, which the company says cuts data volume by 89% on average 2.
- The stock trades at $402.12 (pooled 24/7 venue price), down 0.37% from the previous close of $403.61. It rose about 12% on September 14, 2026, when cybersecurity stocks rallied on AI safety warnings from Anthropic and OpenAI CEOs; the source reported it at $366.40 at midday 3. Bernstein then downgraded the stock to Market Perform on valuation on September 17 and raised its price target to $351 from $253 4.
- Fiscal 2026 (ended July 31) revenue was $11.48 billion, up 24.5%, and fourth-quarter revenue was $3.41 billion, up 34%. Next-Generation Security ARR reached $9.10 billion, up 63% with acquisitions included. Gross margin was 70.4%, operating margin 6.1% and free cash flow margin 35.8%. At a $327.7 billion market cap the stock trades at 855 times trailing earnings and 28.5 times sales.
- Insiders sold 155,449 shares worth $48.0 million across 24 sales over the last 180 days and made no purchases.
- Fiscal Q1 2027 earnings are estimated for November 18, 2026 and are not yet confirmed. Company guidance is revenue of $3.300 to $3.310 billion, Next-Generation Security ARR of $9.54 to $9.56 billion and non-GAAP EPS of $0.96 to $0.98. Polymarket odds give 81.5% to no Fed rate change after the October 2026 meeting and 17.5% to a 25 bp increase.
Anthropic · Oct 8
Palo Alto Networks blog · Oct 1
24/7 Wall St. · Sep 14
Goldesel · Sep 17
Valuation & fundamentalsFull financials →
TTM through 2026-07-31 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Every venue
| Venue | Price | vs pool | 24h vol | Open int. | Funding 8h |
|---|---|---|---|---|---|
| bybit perp PANWUSDT · just now | 396.77 | +0.04% | $10.7M | $497.2K | 0.0000% |
| binance perp PANWUSDT · just now | 396.97 | +0.09% | $516.3K | $631.2K | 0.0000% |
| bitget perp PANWUSDT · just now | 396.99 | +0.09% | $77.4K | $118.0K | 0.0000% |
Pooled price = volume-weighted median of venues within 2% of each other. Venue markets for stocks, indices and gold are 24/7 perpetual contracts; they track but are not the official exchange price.
Open interest, 120 days
US$ millions, all venues
Funding, 120 days
Annualised %, OI-weighted. Positive: longs pay shorts.
NewsAll news →
Palo Alto Networks named a founding partner of Anthropic's critical infrastructure program
On October 8, 2026 Anthropic launched its Critical Infrastructure Defense Program for operators of operational technology such as power grids and water systems.
Palo Alto Networks launches Cortex XCOR AI observability built on Chronosphere
On October 1, 2026 Palo Alto Networks launched Cortex XCOR, an AI-driven observability platform built on Chronosphere's data-management technology.
Unit 42 launches Continuous Frontier AI Defense as an always-on service
On September 22, 2026 Palo Alto Networks' Unit 42 launched Continuous Frontier AI Defense, an always-on service that pairs offensive security experts with multi-model AI testing.
Bernstein downgrades Palo Alto Networks to Market Perform on valuation
Bernstein cut Palo Alto Networks from Outperform to Market Perform on September 17, 2026, and raised its price target to $351 from $253.
Cybersecurity stocks rally on AI safety warnings; Palo Alto up about 11%
On Monday, September 14, 2026 cybersecurity stocks jumped after Anthropic CEO Dario Amodei called for slower AI capability gains, and OpenAI CEO Sam Altman said he agreed.
Palo Alto Networks to present at Goldman Sachs Communacopia conference on September 10
On September 8, 2026 Palo Alto Networks said members of its management team will present at the Goldman Sachs Communacopia and Technology Conference on September 10, 2026 at 3:45 p.m.
Palo Alto Networks shares fall about 8% despite 34% revenue growth
Palo Alto Networks shares fell in the session after the September 1 report, even though revenue beat the roughly $3.35 billion consensus.
Palo Alto Networks reports fiscal Q4 2026 results: revenue $3.41B, up 34% from a year earlier
Palo Alto Networks filed a Form 8-K with the SEC on Sep 1, 2026, 4:32 PM ET, reporting an event dated Sep 1, 2026.
Palo Alto Networks guides fiscal 2027 revenue to $14.10B-$14.20B
In the same September 1 release, Palo Alto Networks guided fiscal 2027 revenue to $14.10 billion to $14.20 billion and Next-Generation Security ARR to $11.075 billion to $11.175 billion, which is 22% to 23% growth.
Palo Alto Networks completes Console acquisition for Cortex agentic AI
Palo Alto Networks announced on September 1, 2026 that it acquired Console, an AI-native platform that uses agents to automate IT and security workflows, and will fold it into Cortex.
Unit 42 adds Anthropic's Claude Mythos 5 to its frontier AI exposure analysis
On August 21, 2026 Palo Alto Networks said Unit 42 is expanding its Frontier AI Exposure Analysis with Anthropic's Claude Mythos 5.
NTT DATA and Palo Alto Networks sign global strategic alliance
NTT DATA and Palo Alto Networks signed a multi-year global alliance on August 20, 2026 to sell secure AI transformation and security modernization together.
Palo Alto Networks launches Frontier AI Critical Defense Program with new partners
On August 19, 2026 Palo Alto Networks introduced a Frontier AI Critical Defense Program to protect critical infrastructure from AI-driven exploits.
Palo Alto Networks agrees to buy Embrace to add real user monitoring
Palo Alto Networks announced on July 21, 2026 that it will acquire Embrace, a user-focused observability company, to add real user monitoring to its observability platform.
Palo Alto Networks Q3 FY2026: revenue up 31%, FY26 EPS guidance raised
Palo Alto Networks reported fiscal third-quarter 2026 revenue of $3.00 billion, up 31%, including $388 million from CyberArk and Chronosphere.