Palo Alto Networks, Inc. (PANW)
NASDAQ: PANW · IEX Real-Time Price · USD
340.44
-0.46 (-0.13%)
At close: Jul 2, 2024, 4:00 PM
340.78
+0.34 (0.10%)
After-hours: Jul 2, 2024, 7:50 PM EDT
Palo Alto Networks Stock Forecast
Stock Price Forecast
The 38 analysts with 12-month price forecasts for Palo Alto Networks stock have an average target of 327.39, with a low estimate of 242 and a high estimate of 385. The average target predicts a decrease of -3.83% from the current stock price of 340.44.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PANW stock from 40 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 10 | 11 | 11 | 11 | 12 |
| Buy | 19 | 19 | 19 | 19 | 18 | 18 |
| Hold | 5 | 9 | 9 | 9 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 36 | 38 | 39 | 39 | 39 | 40 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $340 → $360 | Buy | Maintains | $340 → $360 | +5.75% | Jun 27, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $350 | Buy | Reiterates | $350 | +2.81% | Jun 21, 2024 |
| DA Davidson | DA Davidson | Strong Buy Initiates $380 | Strong Buy | Initiates | $380 | +11.62% | Jun 21, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $360 | Buy | Maintains | $360 | +5.75% | Jun 12, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $336 → $348 | Strong Buy | Maintains | $336 → $348 | +2.22% | May 29, 2024 |
Financial Forecast
Revenue This Year
8.16B
from 6.89B
Increased by 18.40%
Revenue Next Year
9.30B
from 8.16B
Increased by 13.99%
EPS This Year
5.68
from 1.28
Increased by 343.98%
EPS Next Year
6.32
from 5.68
Increased by 11.19%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 8.4B | 10.0B | 12.0B | 13.6B | 16.5B | 20.2B |
| Avg | 8.2B | 9.3B | 10.8B | 12.9B | 15.3B | 18.2B |
| Low | 7.8B | 8.7B | 9.7B | 12.0B | 14.0B | 16.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 22.3% | 22.4% | 28.5% | 25.0% | 27.5% | 31.9% |
| Avg | 18.4% | 14.0% | 16.5% | 19.2% | 18.7% | 18.9% |
| Low | 13.5% | 6.9% | 4.7% | 11.0% | 8.1% | 5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.92 | 6.81 | 8.27 | 9.95 | 12.37 | 16.34 |
| Avg | 5.68 | 6.32 | 7.35 | 8.87 | 12.02 | 15.87 |
| Low | 5.44 | 5.67 | 6.01 | 7.76 | 11.54 | 15.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 362.7% | 19.9% | 30.8% | 35.5% | 39.4% | 36.0% |
| Avg | 344.0% | 11.2% | 16.3% | 20.8% | 35.4% | 32.1% |
| Low | 324.9% | -0.2% | -4.9% | 5.6% | 30.1% | 26.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.