63/100B318.34
USD
-5.64
(-1.75%)
Market Open
Last updated: · Delayed 15 min
Palo Alto Networks stock forecast 2027–2029What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Palo Alto Networks is 400.05, 25.7% above the current price of 318.34. Their targets range from 290.00 to 525.00.
Of the 39 firms that rated Palo Alto Networks in the past 12 months, 31 rate it buy or strong buy, 7 hold and 1 sell or strong sell (each firm at its latest rating): a Buy consensus.
12-month price target
400.05 USD
+25.67%
Analysts' 1-year price targets range from 290.00 to 525.00, with an average of 400.05.
Past year
1-year forecast
Strong sellStrong buy
Buy
39 ratings
| Buy | 31 | |
| Hold | 7 | |
| Sell | 1 |
12-month price target
| Highest target | 525.00 |
| Average target | 400.05 |
| Lowest target | 290.00 |
| Current price | 318.34 |
Palo Alto Networks price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Palo Alto Networks price target and rating?
See how analysts moved their price target
How analysts rate Palo Alto Networks, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
31 of 39 firms rate it buy now, against 28 of 36 in December 2025.
Buy Hold Sell
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Palo Alto Networks analyst upgrades, downgrades and price targets
The latest rating change came on 17 September 2026, when Bernstein downgraded Palo Alto Networks from Outperform to Market Perform. Its price target is 351.00, from 253.00. The most recent new target came from Wells Fargo on 12 October 2026: 525.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 12 Oct 2026 | Wells Fargo Michael Turrin | — | 475.00 → 525.00 | +10.5% | 418.78 |
| 2 Oct 2026 | Cowen & Co. | — | 440.00 | — | 396.25 |
| 28 Sept 2026 | BTIG | Reiterated · Buy | 404.00 → 425.00 | +5.2% | 374.74 |
| 21 Sept 2026 | Morgan Stanley Meta Marshall | Reiterated · Overweight | 394.00 → 410.00 | +4.1% | 363.58 |
| 17 Sept 2026 | Bernstein | Downgraded · Outperform → Market Perform | 253.00 → 351.00 | +38.7% | 375.65 |
| 2 Sept 2026 | Goldman Sachs | — | 330.00 → 390.00 | +18.2% | 328.48 |
| 2 Sept 2026 | Truist Financial | — | 435.00 → 400.00 | -8.0% | 333.75 |
| 2 Sept 2026 | Deutsche Bank | — | 430.00 | — | 333.75 |
| 2 Sept 2026 | Stephens | — | 300.00 → 400.00 | +33.3% | 334.11 |
| 2 Sept 2026 | Northland Securities | — | 302.00 → 360.00 | +19.2% | 333.40 |
| 2 Sept 2026 | D.A. Davidson | — | 345.00 → 420.00 | +21.7% | 331.09 |
| 2 Sept 2026 | RBC Capital Matthew Hedberg | Reiterated · Outperform | 434.00 → 475.00 | +9.4% | 329.65 |
| 2 Sept 2026 | Roth Capital | Reiterated · Neutral | 300.00 | — | 330.47 |
| 2 Sept 2026 | Susquehanna | Reiterated · Positive | 350.00 → 415.00 | +18.6% | 362.09 |
| 2 Sept 2026 | Rosenblatt Securities Catherine Trebnick | Reiterated · Buy | 415.00 | — | 330.81 |
| 2 Sept 2026 | BTIG | Reiterated · Buy | 380.00 → 404.00 | +6.3% | 362.09 |
| 2 Sept 2026 | Piper Sandler | Reiterated · Overweight | 345.00 → 410.00 | +18.8% | 362.09 |
| 2 Sept 2026 | Morgan Stanley Meta A Marshall | Reiterated · Overweight | 400.00 → 394.00 | -1.5% | 362.09 |
| 2 Sept 2026 | Robert W. Baird Shrenik Kothari | — | 320.00 → 420.00 | +31.3% | 362.09 |
| 2 Sept 2026 | Barclays | Reiterated · Overweight | 315.00 → 375.00 | +19.0% | 362.09 |
| 2 Sept 2026 | Bernstein Peter Weed | — | 209.00 → 253.00 | +21.1% | 362.09 |
| 31 Aug 2026 | Scotiabank Patrick Colville | Reiterated · Sector Outperform | 320.00 → 430.00 | +34.4% | 380.57 |
| 28 Aug 2026 | Jefferies | Reiterated · Buy | 335.00 → 450.00 | +34.3% | 382.85 |
| 20 Aug 2026 | BMO Capital | Reiterated · Outperform | 335.00 → 415.00 | +23.9% | 356.96 |
| 19 Aug 2026 | UBS | Reiterated · Neutral | 300.00 → 390.00 | +30.0% | 353.78 |
| 19 Aug 2026 | Mizuho Securities | Reiterated · Outperform | 305.00 → 415.00 | +36.1% | 374.14 |
| 19 Aug 2026 | Truist Financial | Reiterated · Buy | 375.00 → 435.00 | +16.0% | 374.14 |
| 19 Aug 2026 | Cantor Fitzgerald Jonathan Ruykhaver | Reiterated · Overweight | 340.00 → 425.00 | +25.0% | 374.14 |
| 19 Aug 2026 | Stifel Nicolaus Adam Borg | Reiterated · Buy | 340.00 → 415.00 | +22.1% | 374.14 |
| 18 Aug 2026 | New Street | — | 415.00 | — | 375.76 |
| 17 Aug 2026 | Wells Fargo | Reiterated · Overweight | 420.00 → 475.00 | +13.1% | 384.27 |
| 17 Aug 2026 | Morgan Stanley | — | 387.00 → 400.00 | +3.4% | 384.27 |
| 14 Aug 2026 | RBC Capital Matthew Hedberg | Reiterated · Outperform | 330.00 → 434.00 | +31.5% | 396.00 |
| 4 Aug 2026 | Oppenheimer | Reiterated · Outperform | 350.00 → 400.00 | +14.3% | 347.13 |
| 21 Jul 2026 | Argus Research Joseph Bonner | — | 425.00 | — | 338.22 |
| 21 Jul 2026 | Morgan Stanley | Reiterated · Overweight | 320.00 → 387.00 | +20.9% | 338.73 |
| 16 Jul 2026 | Capital One Financial | — | 421.00 | — | 354.02 |
| 15 Jul 2026 | Tigress Financial | Reiterated · Buy | 430.00 | — | 355.89 |
| 8 Jul 2026 | Evercore ISI Peter Levine | Reiterated · Outperform | 320.00 → 415.00 | +29.7% | 320.58 |
| 8 Jul 2026 | Evercore ISI | — | 375.00 → 320.00 | -14.7% | 318.66 |
| 7 Jul 2026 | Needham | Reiterated · Buy | 350.00 → 425.00 | +21.4% | 357.53 |
| 1 Jul 2026 | BTIG | — | 333.00 → 380.00 | +14.1% | 341.02 |
| 1 Jul 2026 | Wells Fargo | Reiterated · Overweight | 325.00 → 420.00 | +29.2% | 341.02 |
| 3 Jun 2026 | Goldman Sachs | — | 240.00 → 330.00 | +37.5% | 280.43 |
| 3 Jun 2026 | Northland Securities | — | 302.00 | — | 282.42 |
| 3 Jun 2026 | RBC Capital Matthew Hedberg | Reiterated · Outperform | 255.00 → 330.00 | +29.4% | 282.20 |
| 3 Jun 2026 | FBN Securities Shebly Seyrafi | — | 330.00 | — | 281.00 |
| 3 Jun 2026 | Mizuho Securities | Reiterated · Outperform | 200.00 → 305.00 | +52.5% | 281.44 |
| 3 Jun 2026 | Wolfe Research | — | 320.00 | — | 297.18 |
| 3 Jun 2026 | BMO Capital | Reiterated · Outperform | 200.00 → 335.00 | +67.5% | 297.18 |
Palo Alto Networks EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Revenue
ReportedEstimate
EPS
ReportedEstimate
Does Palo Alto Networks beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 20.5% off the result, either way, and their revenue estimate 1.0%, over the last 12 quarters.
- EPS beats
- 46 / 56
- Revenue beats
- 51 / 56
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- -10.5%
- Since
- December 2012
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q4 FY2026 | 1 Sept 2026 | 0.98 | 1.02 | +4.3% | 3.35B | 3.41B | +1.7% |
| Q3 FY2026 | 2 Jun 2026 | 0.79 | 0.85 | +7.2% | 2.94B | 3.00B | +2.0% |
| Q2 FY2026 | 17 Feb 2026 | 0.94 | 1.03 | +9.7% | 2.58B | 2.59B | +0.4% |
| Q1 FY2026 | 19 Nov 2025 | 0.89 | 0.93 | +4.4% | 2.46B | 2.47B | +0.5% |
| Q4 FY2025 | 18 Aug 2025 | 0.89 | 0.95 | +7.3% | 2.50B | 2.54B | +1.4% |
| Q3 FY2025 | 20 May 2025 | 0.77 | 0.80 | +3.6% | 2.28B | 2.29B | +0.4% |
| Q2 FY2025 | 13 Feb 2025 | 0.78 | 0.81 | +4.0% | 2.24B | 2.26B | +0.7% |
| Q1 FY2025 | 20 Nov 2024 | 1.48 | 0.78 | -47.3% | 2.12B | 2.14B | +0.9% |
| Q4 FY2024 | 19 Aug 2024 | 1.41 | 0.75 | -46.8% | 2.16B | 2.19B | +1.3% |
| Q3 FY2024 | 20 May 2024 | 1.27 | 0.66 | -48.0% | 1.97B | 1.98B | +0.6% |
| Q2 FY2024 | 20 Feb 2024 | 1.30 | 0.73 | -43.8% | 1.97B | 1.98B | +0.2% |
| Q1 FY2024 | 15 Nov 2023 | 0.58 | 0.69 | +19.0% | 1.84B | 1.88B | +1.9% |
Palo Alto Networks stock price 2027–2029: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
There are no price scenarios for Palo Alto Networks: its P/E has been above 60, or from losses, too often in the last five years to price its earnings at, and similar companies' P/Es put its value too far from its price to stand in. The earnings analysts expect are in the estimates above.
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.850 | 71.4258Price 35.85193 | +99.2% | |
| 29.050 | 56.2634Price 29.0596 | +93.7% | |
| 241.000 | 464.49205Price 241.00627 | +92.7% | |
| 123.590 | 237.24178Price 123.59297 | +92.0% | |
| 161.400 | 305.52159Price 161.40396 | +89.3% | |
| 157.460 | 297.58169Price 157.46471 | +89.0% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.