Palo Alto Networks, Inc.
PANW · NASDAQ · Technology
$3.30 today
- Mkt cap $241.01B
- P/E 256.2
- Day $287.27 – $299.33
Confidence
High conviction
The read
Palo Alto Networks reported 15% revenue growth to $2.6B with 17% net income margin; EPS actual not yet available
Palo Alto Networks' Q2 2026 revenue grew 15% YoY to $2.6 billion with a 17% net income margin; EPS results remain unreported. The stock declined 1.1% post-earnings amid valuation concerns despite strong recurring revenue growth and solid institutional backing.
Confidence note: Strong revenue and margin data with institutional backing support analysis; EPS unknown limits full assessment.
What happened
Earnings print
Guidance
Price reaction
Street narrative
So what
What changed
What the market is pricing
Fundamental takeaway
Next 30–90 days
Strong demand sustains ARR growth and margin expansion, validating premium valuation.
- boltNext quarter EPS exceeds consensus by >5%
- boltSustained ARR growth above 15% YoY
Growth continues at moderate pace with stable margins, supporting current valuation range.
- boltEPS in line with consensus
- boltARR growth around 15% YoY
Growth decelerates and valuation multiple contracts due to demand softness or AI security concerns.
- boltEPS misses consensus by >5%
- boltARR growth drops below 10% YoY
What to do
If you hold it
If you're watching
Keep on your radar
- Next quarter EPS report and surprise vs consensus
- ARR growth rate in next two quarters
- Morgan Stanley and other analyst target revisions
- AI security demand trends and related guidance