PANW · News · 20261017N
Revenue Performance and Mix
Palo Alto Networks Inc · 2026-10-17 · Importance 13 · Surprise 6 · In source text
Palo Alto Networks reported quarterly revenue of $3.41 billion, exceeding analysts’ expectations. Quarterly earnings were $1.02 per share, also above consensus estimates. The digest provided no segment, geographic, or year-over-year revenue breakdown.
Key facts
- Palo Alto Networks exceeded Q3 earnings estimates, reporting $1.02 EPS and $3.41 billion in revenue. source
- TD Waterhouse Canada Inc. increased its stake in Palo Alto Networks by 2.9% in the third quarter, bringing its total holdings to 500,395 shares valued at $197.7 million. source
- St. Louis Financial Planners Asset Management LLC acquired a new stake in Palo Alto Networks worth approximately $1.57 million. source
- Company insiders have sold over $20.8 million in Palo Alto Networks stock recently. source
- Palo Alto Networks Inc stock dropped almost 8% following a Citi upgrade to $440. source
- TIKR's valuation model projects a mid-case target for Palo Alto Networks of around $445 by 2031, suggesting a potential 30% return. source
- Institutional investors collectively own 79.82% of Palo Alto Networks. source
- Analysts have an average price target of $393.02 for Palo Alto Networks. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Palo Alto Networks exceeded Q3 earnings estimates, reporting $1.02 EPS and $3.41 billion in revenue. |
| net_income | positive | realized | — | Palo Alto Networks exceeded Q3 earnings estimates, reporting $1.02 EPS and $3.41 billion in revenue. |