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PANW

Palo Alto Networks Inc

NASDAQ: PANW · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE

$179.32
-1.22% today

Updated 2026-04-30

Market cap
$145.43B
P/E ratio
100.18
P/S ratio
14.70x
EPS (TTM)
$1.79
Dividend yield
—
52W range
$140 – $224
Volume
9.0M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Palo Alto Networks Inc (PANW) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$179.32
Consensus
$215.97
+20.44%
2030 Target
$310.10
+72.93%
DCF
$457.02
+60.76% MoS
40 analysts:
17 Buy7 Hold1 Sell

Management guidance

CEO Nikesh Arora has not publicly stated specific revenue targets through 2030. Recent insider buying ($10M by CEO in March 2026) signals confidence in long-term value, but no explicit guidance on revenue targets or growth rates has been disclosed. Analysts expect FY2026 revenue of $11.52B and FY2027 of $13.82B based on consensus forecasts.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$522.27
$21.3B Rev × 20x P/S
Base case (2030)
$310.10
$21.3B Rev × 12x P/S
Bear case (2030)
$212.17
$21.3B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$6.9B$8.0B$9.2B$11.5B$13.8B$16.2B$18.7B$21.3B
Revenue growth—16.5%14.9%24.9%20.0%17.1%15.2%13.9%
EPS$2.19$2.84$0.93$3.77$4.05$4.54$5.12$5.81
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$179.53$212.17$244.82$277.46$310.10

Catalysts & risks

Growth catalysts
+ Platformization strategy consolidating multiple security modules into unified stack driving higher ARR and customer expansion
+ AI-driven security solutions (Prisma AIRS 3.0, Agentic AI) addressing emerging threat vectors with premium pricing
+ Continued M&A integration (multiple acquisitions in past 12 months) expanding total addressable market and cross-sell opportunities
+ Enterprise cybersecurity spending acceleration driven by geopolitical tensions (Iran cyber threats, advanced persistent threats)
+ Cloud security and SASE market expansion as enterprises migrate workloads to hybrid/multi-cloud environments
Key risks
- Integration execution risk from recent acquisitions could pressure margins and delay synergy realization
- AI-competitive threat from Anthropic and open-source models potentially commoditizing security functions
- Valuation compression: P/E of 90x and PEG of 3.61 leave limited upside if growth decelerates below 20%
- CFO insider selling and equity dilution from acquisitions signaling management concerns about valuation levels
- Market saturation in core firewall/endpoint security with growth dependent on platform conversion and net new modules

Methodology

Palo Alto Networks Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 40 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.