PANW · News · 20260910N
Revenue Performance and Mix
Palo Alto Networks Inc · 2026-09-10 · Importance 63 · Surprise 64 · In source text
Palo Alto Networks reported fiscal fourth-quarter revenue growth, although the digest does not provide the revenue amount or year-over-year percentage. Next-Generation Security annual recurring revenue increased 63%, indicating continued expansion of the company’s newer security platform offerings. The company reported a $282 million GAAP net loss, attributed to acquisition costs and share-based compensation, despite strong commercial indicators and cash generation.
Key facts
- Palo Alto Networks reported a GAAP net loss of $282 million attributed to acquisition costs and share-based compensation. source
- Wedbush initiated coverage on Palo Alto Networks with an outperform rating and a $400 price target. source
- Wedbush based its $400 price target on approximately 43 times 2029 enterprise value to free cash flow and roughly 17.5 times fiscal year 2029 enterprise value to revenue. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -9.4% | Palo Alto Networks reported a GAAP net loss of $282 million attributed to acquisition costs and share-based compensation. |