Palo Alto Networks (PANW) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

PANW Stock Forecast


Palo Alto Networks stock forecast is as follows: an average price target of $323.26 (represents a -17.72% downside from PANW’s last price of $392.89) 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 $323.26 based on 1-year price targets from 41 Wall Street analysts in the past 3 months, with a price target range of $455.00 to $146.67. This represents a potential -17.72% downside from PANW's last price of $392.89.

PANW Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 18, 2024Yun KimLoop Capital Markets$385.00$388.41-0.88%-2.01%
Nov 18, 2024Catherine TrebnickRosenblatt Securities$390.00$388.260.45%-0.74%
Nov 18, 2024Joel FishbeinTruist Financial$425.00$388.019.53%8.17%
Nov 18, 2024Peter LevineEvercore ISI$455.00$331.4837.26%15.81%
Nov 15, 2024Shrenik KothariRobert W. Baird$425.00$389.049.24%8.17%
Oct 22, 2024Ittai KidronOppenheimer$450.00$378.4118.92%14.54%
Oct 08, 2024Andrew DeGasperiBNP Paribas$410.00$356.2815.08%4.35%
Sep 05, 2024Shyam PatilSusquehanna$260.00$341.59-23.89%-33.82%
Aug 27, 2024Gray PowerllBTIG$395.00$348.3413.39%0.54%
Aug 20, 2024Adam BorgStifel Nicolaus$385.00$368.014.62%-2.01%
Row per page
Go to

The latest Palo Alto Networks stock forecast, released on Nov 18, 2024 by Yun Kim from Loop Capital Markets, set a price target of $385.00, which represents a -0.88% decrease from the stock price at the time of the forecast ($388.41), and a -2.01% decrease from PANW last price ($392.89).

Palo Alto Networks Price Target by Period


1M3M12M
# Anlaysts6951
Avg Price Target$421.67$399.44$364.20
Last Closing Price$392.89$392.89$392.89
Upside/Downside7.33%1.67%-7.30%

In the current month, the average price target of Palo Alto Networks stock is $421.67, according to 6 Wall Street analysts offering twelve months forecast. The average price target represents a 7.33% increase as opposed to Palo Alto Networks's last price of $392.89. This month's average price target is up 5.57% compared to last quarter, and up 15.78% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024OppenheimerOutperformOutperformHold
Oct 17, 2024BarclaysOverweightOverweightHold
Oct 11, 2024Morgan StanleyOverweightOverweightHold
Oct 08, 2024Wells FargoBuyBuyHold
Oct 08, 2024WedbushUnderperformUnderperformHold
Oct 08, 2024Exane BNP Paribas-OutperformInitialise
Sep 18, 2024Cowen & Co.BuyBuyHold
Sep 05, 2024SusquehannaPositivePositiveHold
Aug 20, 2024Goldman SachsBuyBuyHold
Aug 20, 2024CFRAStrong BuyBuyUpgrade
Row per page
Go to

Palo Alto Networks's last stock rating was published by Oppenheimer on Oct 22, 2024. The company gave PANW a "Outperform" rating, the same as its previous rate.

Palo Alto Networks Financial Forecast


Palo Alto Networks Revenue Forecast

Jul 28May 28Jan 28Oct 27Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 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$3.25B$2.96B$2.90B$2.78B$2.88B$2.62B$2.57B$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$5.25B$4.98B$4.72B$4.47B$3.30B$3.01B$2.95B$2.83B$2.92B$2.66B$2.61B$2.48B$2.55B$2.31B$2.25B$2.13B$2.16B$1.98B$2.00B$1.89B$1.99B$1.74B$1.67B$1.58B$1.57B$1.38B$1.30B$1.22B$1.19B$1.08B
Low Forecast$5.12B$4.85B$4.60B$4.36B$3.22B$2.93B$2.87B$2.76B$2.85B$2.59B$2.54B$2.41B$2.48B$2.25B$2.21B$2.11B$2.16B$1.97B$1.95B$1.84B$1.94B$1.70B$1.63B$1.54B$1.53B$1.35B$1.27B$1.19B$1.16B$1.05B
# Analysts111111121212121212121211111125251212122512121211111111121212
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 $1.95B, 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 28May 28Jan 28Oct 27Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21
# Analysts111111121212121212121211111125251212122512121211111111121212
EBITDA-------------------$285.50M$322.20M-$91.30M$41.20M$24.20M-$6.30M$-4.40M$19.80M-
Avg Forecast$340.38M$322.58M$305.71M$289.72M$213.78M$194.90M$191.02M$183.24M$189.39M$172.24M$168.88M$160.40M$165.15M$149.77M$146.73M$139.59M$142.32M$7.21M$129.72M$121.79M$128.89M$6.55M$-4.62M$18.66M$18.57M$5.96M$15.40M$14.48M$14.10M$-12.55M
High Forecast$345.78M$327.70M$310.56M$294.32M$217.17M$198.00M$194.06M$186.15M$192.40M$174.97M$171.56M$162.94M$167.77M$152.14M$148.05M$140.25M$142.32M$8.65M$131.78M$124.44M$130.93M$7.86M$-3.70M$18.98M$18.89M$7.15M$15.66M$14.73M$14.34M$-10.04M
Low Forecast$336.98M$319.36M$302.66M$286.83M$211.64M$192.96M$189.12M$181.41M$187.50M$170.52M$167.19M$158.80M$163.50M$148.27M$145.41M$138.93M$142.32M$5.77M$128.43M$121.13M$127.60M$5.24M$-5.55M$18.50M$18.41M$4.77M$15.27M$14.35M$13.98M$-15.06M
Surprise %-------------------2.34%2.50%--19.74%2.21%1.30%-0.41%-0.30%1.40%-

12 analysts predict PANW's average Quarter EBITDA for Jan 24 to be $129.72M, with a high of $131.78M and a low of $128.43M. This is -54.56% lower than Palo Alto Networks's previous annual EBITDA (Oct 23) of $285.50M.

Palo Alto Networks Net Income Forecast

Jul 28May 28Jan 28Oct 27Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21
# Analysts111111121212121212121211111125251212122512121211111111121212
Net Income-------------------$194.20M$227.70M-$84.20M$20.00M$3.30M-$-93.50M$-103.60M$-119.30M-
Avg Forecast$612.25M$530.85M$545.01M$523.77M$703.45M$627.61M$660.40M$625.09M$709.60M$619.95M$625.28M$591.36M$610.81M$537.81M$548.12M$524.02M$498.85M$-106.96M$459.95M$427.08M$454.98M$-97.24M$-108.88M$242.84M$268.67M$-88.40M$194.16M$184.82M$168.78M$-130.36M
High Forecast$624.88M$541.80M$556.25M$534.58M$717.96M$640.56M$674.03M$637.99M$724.24M$632.74M$638.19M$603.56M$623.41M$548.91M$572.88M$527.56M$510.78M$-85.57M$469.44M$430.76M$471.49M$-77.79M$-87.10M$248.18M$274.59M$-70.72M$198.43M$188.89M$172.50M$-104.29M
Low Forecast$604.30M$523.96M$537.94M$516.97M$694.32M$619.46M$651.83M$616.98M$700.39M$611.90M$617.17M$583.69M$602.88M$530.83M$526.90M$520.48M$486.93M$-128.36M$453.98M$421.54M$438.47M$-116.69M$-130.65M$240.09M$265.64M$-106.08M$191.97M$182.74M$166.88M$-156.43M
Surprise %-------------------0.45%0.50%--0.77%0.08%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 $453.98M to $469.44M. 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 28May 28Jan 28Oct 27Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21
# Analysts111111121212121212121211111125251212122512121211111111121212
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$1.38B$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$641.08M$734.82M$731.32M$592.33M$606.50M$570.17M$555.30M$486.81M
High Forecast$2.49B$2.36B$2.24B$2.12B$1.56B$1.43B$1.40B$1.34B$1.39B$1.26B$1.24B$1.17B$1.21B$1.10B$1.07B$1.01B$1.02B$860.06M$948.68M$895.82M$942.54M$781.87M$769.30M$747.24M$743.71M$710.79M$616.78M$579.83M$564.71M$584.17M
Low Forecast$2.43B$2.30B$2.18B$2.06B$1.52B$1.39B$1.36B$1.31B$1.35B$1.23B$1.20B$1.14B$1.18B$1.07B$1.05B$1.00B$1.02B$573.37M$924.53M$872.00M$918.56M$521.25M$512.87M$728.41M$724.97M$473.86M$601.24M$565.22M$550.48M$389.45M
Surprise %-------------------0.89%0.84%-1.16%0.97%0.93%-1.03%1.07%1.07%-

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 $924.53M to $948.68M. 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 28May 28Jan 28Oct 27Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21
# Analysts111111121212121212121211111125251212122512121211111111121212
EPS-------------------$0.63$0.74-$0.28$0.07$0.01-$-0.32$-0.35$-0.41-
Avg Forecast$1.73$1.50$1.54$1.48$1.99$1.77$1.87$1.77$2.01$1.75$1.77$1.67$1.73$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$1.77$1.53$1.57$1.51$2.03$1.81$1.90$1.80$2.05$1.79$1.80$1.71$1.76$1.55$1.62$1.49$1.44$1.29$1.33$1.22$1.33$0.95$0.79$0.70$0.78$0.57$0.56$0.53$0.49$0.44
Low Forecast$1.71$1.48$1.52$1.46$1.96$1.75$1.84$1.74$1.98$1.73$1.74$1.65$1.70$1.50$1.49$1.47$1.38$1.26$1.28$1.19$1.24$0.92$0.77$0.68$0.75$0.55$0.54$0.52$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 $1.28 and a high estimate of $1.33. 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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PATHUiPath$12.87$25.4397.59%Hold
OKTAOkta$73.69$116.9758.73%Hold
SQBlock$89.70$129.5044.37%Buy
MDBMongoDB$281.76$373.2732.48%Buy
ADBEAdobe$499.50$592.0318.52%Buy
ZSZscaler$200.94$233.4116.16%Buy
MSFTMicrosoft$415.49$442.476.49%Buy
NETCloudflare$96.47$95.45-1.06%Hold
CRWDCrowdStrike$350.15$321.14-8.29%Buy
NTNXNutanix$69.44$63.23-8.94%Buy
PANWPalo Alto Networks$392.89$323.26-17.72%Buy
ORCLOracle$190.75$147.59-22.63%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 $323.26 with a range of $146.67 to $455, implying a -17.72% from its last price of $392.89. 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 -17.72% (from the last price of $392.89 to the average price target of $323.26), up by 15.81% based on the highest stock price target, and down by -62.67% based on the lowest stock price target.

Can Palo Alto Networks stock reach $600?

PANW's average twelve months analyst stock price target of $323.26 does not support the claim that Palo Alto Networks can reach $600 in the near future.

What is Palo Alto Networks's current price target trend?

6 Wall Street analysts forecast a $421.67 price target for Palo Alto Networks (PANW) this month, up 7.33% from its last price of $392.89. Compared to the last 3 and 12 months, the average price target increased by 1.67% and decreased by -7.30%, 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 $11.9B (high $12.08B, low $11.78B), average EBITDA is $782.95M (high $795.37M, low $775.13M), average net income is $2.62B (high $2.67B, low $2.58B), average SG&A $5.64B (high $5.73B, low $5.58B), and average EPS is $7.39 (high $7.55, low $7.3). PANW's analysts financial forecasts for the fiscal year (Jul 2028) are as follows: average revenue is $19.12B (high $19.42B, low $18.93B), average EBITDA is $1.26B (high $1.28B, low $1.25B), average net income is $2.21B (high $2.26B, low $2.18B), average SG&A $9.06B (high $9.2B, low $8.97B), and average EPS is $6.25 (high $6.38, low $6.17).

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 $149.47M by 297.06%. The company's net income was $439.7M, missing the average estimation of $491.7M by -10.58%. Apple's SG&A was $2.99B, beating the average forecast of $2.96B by 1.23%. 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 $121.79M by 134.41%. 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%