Palo Alto Networks (PANW) Stock Forecast, Price Target & Predictions
PANW Stock Forecast
Palo Alto Networks stock forecast is as follows: an average price target of $312.48 (represents a -9.92% downside from PANW’s last price of $346.90) and a rating consensus of 'Buy', based on 41 wall street analysts offering a 1-year stock forecast.
PANW Price Target
The average price target for Palo Alto Networks (PANW) is $312.48 based on 1-year price targets from 41 Wall Street analysts in the past 3 months, with a price target range of $415.00 to $146.67. This represents a potential -9.92% downside from PANW's last price of $346.90.
PANW Analyst Ratings
According to 41 Wall Street analysts, Palo Alto Networks's rating consensus is 'Buy'. The analyst rating breakdown for PANW stock is 0 'Strong Buy' (0.00%), 33 'Buy' (80.49%), 7 'Hold' (17.07%), 1 'Sell' (2.44%), and 0 'Strong Sell' (0.00%).
Palo Alto Networks Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 05, 2024 | Shyam Patil | Susquehanna | $260.00 | $341.59 | -23.89% | -25.05% |
| Aug 27, 2024 | Gray Powerll | BTIG | $395.00 | $348.34 | 13.39% | 13.87% |
| Aug 20, 2024 | Adam Borg | Stifel Nicolaus | $385.00 | $368.01 | 4.62% | 10.98% |
| Aug 20, 2024 | Jonathan Ruykhaver | Cantor Fitzgerald | $400.00 | $343.36 | 16.50% | 15.31% |
| Aug 20, 2024 | Ittai Kidron | Oppenheimer | $410.00 | $343.36 | 19.41% | 18.19% |
| Aug 20, 2024 | Shrenik Kothari | Robert W. Baird | $385.00 | $343.36 | 12.13% | 10.98% |
| Aug 20, 2024 | Rudy Kessinger | D.A. Davidson | $415.00 | $343.36 | 20.86% | 19.63% |
| Aug 20, 2024 | Brad Zelnick | Deutsche Bank | $395.00 | $343.36 | 15.04% | 13.87% |
| Aug 20, 2024 | Saket Kalia | Barclays | $370.00 | $343.36 | 7.76% | 6.66% |
| Aug 20, 2024 | Eric Heath | KeyBanc | $400.00 | $343.36 | 16.50% | 15.31% |
The latest Palo Alto Networks stock forecast, released on Sep 05, 2024 by Shyam Patil from Susquehanna, set a price target of $260.00, which represents a -23.89% decrease from the stock price at the time of the forecast ($341.59), and a -25.05% decrease from PANW last price ($346.90).
Palo Alto Networks Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 11 | 15 | 44 |
| Avg Price Target | $380.91 | $377.67 | $355.32 |
| Last Closing Price | $346.90 | $346.90 | $346.90 |
| Upside/Downside | 9.80% | 8.87% | 2.43% |
In the current month, the average price target of Palo Alto Networks stock is $380.91, according to 11 Wall Street analysts offering twelve months forecast. The average price target represents a 9.80% increase as opposed to Palo Alto Networks's last price of $346.90. This month's average price target is up 0.86% compared to last quarter, and up 7.20% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 05, 2024 | Susquehanna | Positive | Positive | Hold |
| Aug 20, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Aug 20, 2024 | CFRA | Strong Buy | Buy | Upgrade |
| Aug 20, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Aug 20, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Aug 20, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Aug 20, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 20, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 20, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 20, 2024 | Bernstein | Outperform | Outperform | Hold |
Palo Alto Networks's last stock rating was published by Susquehanna on Sep 05, 2024. The company gave PANW a "Positive" rating, the same as its previous rate.
Palo Alto Networks Financial Forecast
Palo Alto Networks Revenue Forecast
| Jul 28 | May 28 | Jan 28 | Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.88B | $1.95B | - | $1.66B | $1.56B | $1.55B | - | $1.32B | $1.25B | $1.22B | - |
| Avg Forecast | $5.17B | $4.90B | $4.64B | $4.40B | $3.24B | $2.96B | $2.90B | $2.78B | $2.87B | $2.62B | $2.56B | $2.44B | $2.51B | $2.28B | $2.23B | $2.12B | $2.16B | $1.97B | $1.97B | $1.85B | $1.96B | $1.71B | $1.65B | $1.55B | $1.54B | $1.36B | $1.28B | $1.20B | $1.17B | $1.06B |
| High Forecast | $5.24B | $4.97B | $4.71B | $4.46B | $3.29B | $3.00B | $2.94B | $2.82B | $2.92B | $2.65B | $2.60B | $2.47B | $2.54B | $2.31B | $2.25B | $2.13B | $2.19B | $2.00B | $2.00B | $1.89B | $1.99B | $1.74B | $1.67B | $1.57B | $1.57B | $1.38B | $1.30B | $1.23B | $1.19B | $1.08B |
| Low Forecast | $5.13B | $4.86B | $4.61B | $4.37B | $3.22B | $2.93B | $2.88B | $2.76B | $2.85B | $2.60B | $2.55B | $2.42B | $2.49B | $2.26B | $2.21B | $2.11B | $2.15B | $1.96B | $1.96B | $1.84B | $1.94B | $1.70B | $1.64B | $1.54B | $1.52B | $1.33B | $1.26B | $1.18B | $1.15B | $1.04B |
| # Analysts | 12 | 13 | 12 | 13 | 13 | 24 | 13 | 13 | 22 | 13 | 20 | 19 | 12 | 17 | 26 | 26 | 16 | 13 | 12 | 25 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | - | 1.00% | 1.01% | 1.00% | - | 1.03% | 1.04% | 1.04% | - |
Palo Alto Networks's average Quarter revenue forecast for Jan 24 based on 12 analysts is $1.97B, with a low forecast of $1.96B, and a high forecast of $2.00B. PANW's average Quarter revenue forecast represents a 4.95% increase compared to the company's last Quarter revenue of $1.88B (Oct 23).
Palo Alto Networks EBITDA Forecast
| Jul 28 | May 28 | Jan 28 | Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 12 | 13 | 12 | 13 | 13 | 24 | 13 | 13 | 22 | 13 | 20 | 19 | 12 | 17 | 26 | 26 | 16 | 13 | 12 | 25 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $285.50M | $322.20M | - | $91.30M | $41.20M | $24.20M | - | $6.30M | $-4.40M | $19.80M | - |
| Avg Forecast | $62.23M | $58.97M | $55.89M | $52.97M | $39.00M | $35.57M | $34.86M | $33.45M | $34.59M | $31.47M | $30.86M | $29.31M | $30.19M | $27.37M | $26.82M | $25.52M | $26.02M | $7.21M | $23.72M | $22.27M | $23.56M | $6.55M | $19.83M | $21.78M | $-17.36M | $5.96M | $-14.40M | $-13.54M | $-13.18M | $-12.55M |
| High Forecast | $63.10M | $59.80M | $56.67M | $53.71M | $39.55M | $36.07M | $35.35M | $33.92M | $35.08M | $31.92M | $31.29M | $29.72M | $30.61M | $27.76M | $27.06M | $25.64M | $26.38M | $8.65M | $24.05M | $22.75M | $23.89M | $7.86M | $20.10M | $26.14M | $-17.05M | $7.15M | $-14.14M | $-13.29M | $-12.94M | $-10.04M |
| Low Forecast | $61.75M | $58.52M | $55.46M | $52.56M | $38.70M | $35.29M | $34.59M | $33.19M | $34.33M | $31.23M | $30.62M | $29.08M | $29.96M | $27.16M | $26.58M | $25.40M | $25.82M | $5.77M | $23.53M | $22.14M | $23.38M | $5.24M | $19.67M | $17.42M | $-17.68M | $4.77M | $-14.67M | $-13.79M | $-13.43M | $-15.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.82% | 13.67% | - | 4.61% | 1.89% | -1.39% | - | -0.44% | 0.33% | -1.50% | - |
12 analysts predict PANW's average Quarter EBITDA for Jan 24 to be $23.72M, with a high of $24.05M and a low of $23.53M. This is -91.69% lower than Palo Alto Networks's previous annual EBITDA (Oct 23) of $285.50M.
Palo Alto Networks Net Income Forecast
| Jul 28 | May 28 | Jan 28 | Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 12 | 13 | 12 | 13 | 13 | 24 | 13 | 13 | 22 | 13 | 20 | 19 | 12 | 17 | 26 | 26 | 16 | 13 | 12 | 25 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $194.20M | $227.70M | - | $84.20M | $20.00M | $3.30M | - | $-93.50M | $-103.60M | $-119.30M | - |
| Avg Forecast | $619.33M | $527.31M | $545.01M | $523.77M | $706.99M | $631.85M | $663.94M | $628.63M | $704.55M | $617.39M | $623.36M | $589.48M | $610.05M | $537.53M | $548.19M | $524.32M | $498.85M | $-106.96M | $459.95M | $427.08M | $454.98M | $-97.24M | $275.08M | $-131.23M | $268.67M | $-88.40M | $194.16M | $184.82M | $168.78M | $-130.36M |
| High Forecast | $630.61M | $536.92M | $554.94M | $533.32M | $719.88M | $643.37M | $676.04M | $640.08M | $717.39M | $628.64M | $634.72M | $600.23M | $621.18M | $547.33M | $572.95M | $527.86M | $507.95M | $-85.57M | $468.33M | $430.76M | $463.28M | $-77.79M | $280.10M | $-104.98M | $275.18M | $-70.72M | $198.86M | $189.30M | $172.87M | $-104.29M |
| Low Forecast | $613.14M | $522.04M | $539.56M | $518.53M | $699.92M | $625.54M | $657.31M | $622.34M | $697.51M | $611.22M | $617.13M | $583.59M | $603.96M | $532.16M | $526.97M | $520.78M | $493.87M | $-128.36M | $455.35M | $422.81M | $450.43M | $-116.69M | $272.33M | $-157.48M | $262.31M | $-106.08M | $189.56M | $180.45M | $164.78M | $-156.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.45% | 0.50% | - | 0.31% | -0.15% | 0.01% | - | -0.48% | -0.56% | -0.71% | - |
Palo Alto Networks's average Quarter net income forecast for Jan 24 is $459.95M, with a range of $455.35M to $468.33M. PANW's average Quarter net income forecast represents a 136.84% increase compared to the company's last Quarter net income of $194.20M (Oct 23).
Palo Alto Networks SG&A Forecast
| Jul 28 | May 28 | Jan 28 | Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 12 | 13 | 12 | 13 | 13 | 24 | 13 | 13 | 22 | 13 | 20 | 19 | 12 | 17 | 26 | 26 | 16 | 13 | 12 | 25 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $780.60M | $778.60M | - | $744.90M | $714.50M | $679.00M | - | $626.50M | $610.00M | $595.50M | - |
| Avg Forecast | $2.45B | $2.32B | $2.20B | $2.09B | $1.54B | $1.40B | $1.37B | $1.32B | $1.36B | $1.24B | $1.22B | $1.15B | $1.19B | $1.08B | $1.06B | $1.00B | $1.02B | $716.72M | $933.86M | $876.76M | $927.82M | $651.56M | $780.68M | $655.05M | $768.65M | $592.33M | $637.46M | $599.27M | $583.65M | $486.81M |
| High Forecast | $2.48B | $2.35B | $2.23B | $2.11B | $1.56B | $1.42B | $1.39B | $1.34B | $1.38B | $1.26B | $1.23B | $1.17B | $1.21B | $1.09B | $1.07B | $1.01B | $1.04B | $860.06M | $946.95M | $895.82M | $940.83M | $781.87M | $791.63M | $786.06M | $782.97M | $710.79M | $649.33M | $610.44M | $594.52M | $584.17M |
| Low Forecast | $2.43B | $2.30B | $2.18B | $2.07B | $1.52B | $1.39B | $1.36B | $1.31B | $1.35B | $1.23B | $1.21B | $1.15B | $1.18B | $1.07B | $1.05B | $1.00B | $1.02B | $573.37M | $926.67M | $872.00M | $920.68M | $521.25M | $774.68M | $524.04M | $754.64M | $473.86M | $625.84M | $588.36M | $573.01M | $389.45M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 0.84% | - | 0.95% | 1.09% | 0.88% | - | 0.98% | 1.02% | 1.02% | - |
Palo Alto Networks's average Quarter SG&A projection for Jan 24 is $933.86M, based on 12 Wall Street analysts, with a range of $926.67M to $946.95M. The forecast indicates a 19.63% rise compared to PANW last annual SG&A of $780.60M (Oct 23).
Palo Alto Networks EPS Forecast
| Jul 28 | May 28 | Jan 28 | Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 12 | 13 | 12 | 13 | 13 | 24 | 13 | 13 | 22 | 13 | 20 | 19 | 12 | 17 | 26 | 26 | 16 | 13 | 12 | 25 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.63 | $0.74 | - | $0.28 | $0.07 | $0.01 | - | $-0.32 | $-0.35 | $-0.41 | - |
| Avg Forecast | $1.75 | $1.49 | $1.54 | $1.48 | $2.00 | $1.79 | $1.88 | $1.78 | $1.99 | $1.74 | $1.76 | $1.67 | $1.72 | $1.52 | $1.55 | $1.48 | $1.41 | $1.27 | $1.30 | $1.21 | $1.29 | $0.93 | $0.78 | $0.69 | $0.76 | $0.56 | $0.55 | $0.52 | $0.48 | $0.43 |
| High Forecast | $1.78 | $1.52 | $1.57 | $1.51 | $2.03 | $1.82 | $1.91 | $1.81 | $2.03 | $1.78 | $1.79 | $1.70 | $1.76 | $1.55 | $1.62 | $1.49 | $1.44 | $1.30 | $1.32 | $1.22 | $1.31 | $0.95 | $0.79 | $0.70 | $0.78 | $0.57 | $0.56 | $0.53 | $0.49 | $0.44 |
| Low Forecast | $1.73 | $1.48 | $1.52 | $1.47 | $1.98 | $1.77 | $1.86 | $1.76 | $1.97 | $1.73 | $1.74 | $1.65 | $1.71 | $1.50 | $1.49 | $1.47 | $1.40 | $1.26 | $1.29 | $1.19 | $1.27 | $0.93 | $0.77 | $0.68 | $0.74 | $0.55 | $0.54 | $0.51 | $0.47 | $0.42 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.52% | 0.58% | - | 0.36% | 0.10% | 0.01% | - | -0.58% | -0.67% | -0.86% | - |
According to 12 Wall Street analysts, Palo Alto Networks's projected average Quarter EPS for Jan 24 is $1.30, with a low estimate of $1.29 and a high estimate of $1.32. This represents a 106.29% increase compared to PANW previous annual EPS of $0.63 (Oct 23).
Palo Alto Networks Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PATH | UiPath | $12.51 | $25.53 | 104.08% | Hold |
| SQ | Block | $63.99 | $130.05 | 103.23% | Buy |
| OKTA | Okta | $74.06 | $120.69 | 62.96% | Hold |
| ZS | Zscaler | $170.06 | $232.54 | 36.74% | Buy |
| MDB | MongoDB | $290.09 | $373.27 | 28.67% | Buy |
| CRWD | CrowdStrike | $259.13 | $322.56 | 24.48% | Buy |
| NET | Cloudflare | $78.59 | $95.00 | 20.88% | Hold |
| ADBE | Adobe | $536.87 | $589.17 | 9.74% | Buy |
| NTNX | Nutanix | $59.06 | $63.15 | 6.93% | Buy |
| MSFT | Microsoft | $430.59 | $432.95 | 0.55% | Buy |
| PANW | Palo Alto Networks | $346.90 | $312.48 | -9.92% | Buy |
| ORCL | Oracle | $162.03 | $145.16 | -10.41% | Buy |
PANW Forecast FAQ
Is Palo Alto Networks a good buy?
Yes, according to 41 Wall Street analysts, Palo Alto Networks (PANW) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 33 'Buy' recommendations, accounting for 80.49% of PANW's total ratings.
What is PANW's price target?
Palo Alto Networks (PANW) average price target is $312.48 with a range of $146.67 to $415, implying a -9.92% from its last price of $346.9. The data is based on 41 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Palo Alto Networks stock go up soon?
According to Wall Street analysts' prediction for PANW stock, the company can go down by -9.92% (from the last price of $346.9 to the average price target of $312.48), up by 19.63% based on the highest stock price target, and down by -57.72% based on the lowest stock price target.
Can Palo Alto Networks stock reach $500?
PANW's average twelve months analyst stock price target of $312.48 does not support the claim that Palo Alto Networks can reach $500 in the near future.
What is Palo Alto Networks's current price target trend?
11 Wall Street analysts forecast a $380.91 price target for Palo Alto Networks (PANW) this month, up 9.80% from its last price of $346.9. Compared to the last 3 and 12 months, the average price target increased by 8.87% and increased by 2.43%, respectively.
What are Palo Alto Networks's analysts' financial forecasts?
Palo Alto Networks's analysts financial forecasts for the fiscal year (Jul 2027) are as follows: average revenue is $11.87B (high $12.04B, low $11.78B), average EBITDA is $142.88M (high $144.88M, low $141.78M), average net income is $2.63B (high $2.68B, low $2.61B), average SG&A $5.63B (high $5.71B, low $5.58B), and average EPS is $7.44 (high $7.57, low $7.36). PANW's analysts financial forecasts for the fiscal year (Jul 2028) are as follows: average revenue is $19.12B (high $19.39B, low $18.97B), average EBITDA is $230.05M (high $233.28M, low $228.28M), average net income is $2.22B (high $2.26B, low $2.19B), average SG&A $9.06B (high $9.19B, low $8.99B), and average EPS is $6.26 (high $6.37, low $6.2).
Did the PANW's actual financial results beat the analysts' financial forecasts?
Based on Palo Alto Networks's last annual report (Jul 2023), the company's revenue was $6.89B, beating the average analysts forecast of $6.87B by 0.31%. Apple's EBITDA was $593.5M, beating the average prediction of $71.72M by 727.52%. The company's net income was $439.7M, missing the average estimation of $501.59M by -12.34%. Apple's SG&A was $2.99B, missing the average forecast of $3.02B by -0.78%. Lastly, the company's EPS was $1.45, missing the average prediction of $3.68 by -60.64%. In terms of the last quarterly report (Oct 2023), Palo Alto Networks's revenue was $1.88B, beating the average analysts' forecast of $1.85B by 1.49%. The company's EBITDA was $285.5M, beating the average prediction of $22.27M by 1182.23%. Palo Alto Networks's net income was $194.2M, missing the average estimation of $427.08M by -54.53%. The company's SG&A was $780.6M, missing the average forecast of $876.76M by -10.97%. Lastly, the company's EPS was $0.63, missing the average prediction of $1.21 by -47.80%