Palo Alto Networks, Inc. (PANW)
NASDAQ: PANW · IEX Real-Time Price · USD
277.33
+2.31 (0.84%)
At close: Apr 17, 2024, 4:00 PM
277.34
+0.01 (0.00%)
After-hours: Apr 17, 2024, 7:59 PM EDT
Palo Alto Networks Stock Forecast
Stock Price Forecast
The 37 analysts with 12-month price forecasts for Palo Alto Networks stock have an average target of 314.41, with a low estimate of 230 and a high estimate of 405. The average target predicts an increase of 13.37% from the current stock price of 277.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PANW stock from 39 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 11 | 12 | 10 | 11 | 11 |
| Buy | 21 | 20 | 19 | 19 | 19 | 19 |
| Hold | 4 | 5 | 5 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 37 | 36 | 36 | 38 | 39 | 39 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $350 | Buy | Reiterates | $350 | +26.20% | Apr 17, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $305 → $330 | Buy | Maintains | $305 → $330 | +18.99% | Apr 17, 2024 |
| Redburn Atlantic | Redburn Atlantic | Strong Buy Maintains $275 → $350 | Strong Buy | Maintains | $275 → $350 | +26.20% | Mar 19, 2024 |
| Stifel | Stifel | Strong Buy Reiterates $330 | Strong Buy | Reiterates | $330 | +18.99% | Mar 13, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $400 → $325 | Buy | Maintains | $400 → $325 | +17.19% | Feb 26, 2024 |
Financial Forecast
Revenue This Year
8.15B
from 6.89B
Increased by 18.17%
Revenue Next Year
9.31B
from 8.15B
Increased by 14.28%
EPS This Year
5.61
from 1.28
Increased by 338.39%
EPS Next Year
6.27
from 5.61
Increased by 11.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.5B | 10.1B | 11.8B | 14.4B | 16.8B |
| Avg | 8.1B | 9.3B | 10.9B | 14.0B | 16.1B |
| Low | 7.8B | 8.7B | 9.7B | 13.4B | 15.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.5% | 24.1% | 26.6% | 32.8% | 20.2% |
| Avg | 18.2% | 14.3% | 16.8% | 28.4% | 15.3% |
| Low | 12.8% | 6.5% | 4.6% | 22.8% | 9.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.89 | 7.95 | 9.03 | 11.15 | 13.07 |
| Avg | 5.61 | 6.27 | 7.42 | 10.83 | 12.70 |
| Low | 5.32 | 4.58 | 6.12 | 10.41 | 12.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 360.2% | 41.6% | 44.0% | 50.3% | 20.7% |
| Avg | 338.4% | 11.7% | 18.4% | 46.0% | 17.2% |
| Low | 315.7% | -18.4% | -2.5% | 40.2% | 12.6% |
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.