PANW

Nasdaq

Palo Alto Networks Inc

Information Technology, Systems Software

$363.86

close 7 Aug 2026

+116.36%

52-week change

$295.82B

market cap

$139.57

$376.98

52-week range

Expected price

$122.98 – $150.31

Current price

$363.86

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)298.25x

P/S (TTM)27.89x

P/B10.69x

EV/EBITDA (TTM)184.33x

FCF yield (TTM)1.28%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average296.25x

P/E, sector median37.34x*

Price at 5-year median P/E$139.13*

Forward — analyst consensus

Forward P/E (FY2026)96.43x*

Forward P/E (FY2027)186.50x

Forward PEG—*

Consensus EPS FY2026 (53 analysts)$3.77

EPS growth (FY2026→FY2027)-48.30%

Revenue growth (FY2026)23.87%

Street view

Price target (mean)$339.40*

Target upside-6.72%

Ratings (buy / hold / sell)45 / 9 / 1

FY2026 EPS revisions, 30d (up / down)47 / 1

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

period to 30 Apr 2026, filed 3 Jun 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +33.40%10Y CAGR +26.96%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$363.86

Cash & equivalents$2.36B

Total debt$1.35B

Shares outstanding813.00M

Result

DCF price per share$490.10

Current price$363.86

Margin of safety+34.69%

PV of years 1–10$92.44B

PV of terminal value$305.00B

Equity value$398.45B

Market-implied growth+20.99%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$4.74B	$5.93B	$7.41B	$9.26B	$11.58B	$14.47B	$18.09B	$22.61B	$28.27B	$35.33B	$658.47B
PV	$4.39B	$5.08B	$5.88B	$6.81B	$7.88B	$9.12B	$10.56B	$12.22B	$14.14B	$16.37B	$305.00B

period to 30 Apr 2026, filed 3 Jun 2026, close 7 Aug 2026