# Palo Alto Networks share price today (Palo Alto Networks, Inc., PANW)

> Palo Alto Networks, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. PANW · Technology · Software - Infrastructure · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/panw

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: $350.20 (+59.0% in a year)
- P/E: 875.5×, over 3.8 years
- Revenue (Jul 2026): $3.4 B (+34.5% on a year ago)
- Profit (Jul 2026): −$282 M (−211.0% on a year ago)
- Operating margin: 5.4% (−8.1 points on a year ago)
- ROE: 1%, FY26
- ROIC: 1.7%, against a 9.3% cost of capital: −7.6 points

The main question: the share price moved +59.0% in a year while yearly earnings per share moved −75.0%. The difference came from the market paying a higher multiple. ## What is the Palo Alto Networks share price today? Palo Alto Networks, Inc.'s share price was $350.20 at the close on 3 November 2026. It has been rising for 22 weeks. That is 29.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between $147 and $419, and at that close it sat 75% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running. Over the last 10 years the share price moved +1,568% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Palo Alto Networks pay? Palo Alto Networks, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Palo Alto Networks on? Palo Alto Networks is on 3 of our US lists: Nasdaq 100 companies, S&P 500 companies and US tech stocks. - [Nasdaq 100 companies](https://www.sectoralpha.in/nasdaq-100-stocks)
- [S&P 500 companies](https://www.sectoralpha.in/sp-500-stocks)
- [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Palo Alto Networks profitable? Palo Alto Networks, Inc. posted a net loss of $282 M in the Jul 2026 quarter. Full-year FY26 profit was $307 M. That loss is 8.3% of the quarter's revenue. The same quarter a year earlier earned $254 M. 2 of the last 12 reported quarters were loss-making. Jul 2026 profit was −$282 M, −211.0% on a year earlier. For the full year, FY26 profit was $307 M (−72.9% on the year before). Why profit moved: revenue changed +34.5% on a year earlier and the margin moved −8.1 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −80.4% and revenue +24.1%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Palo Alto Networks make, and is it growing? Palo Alto Networks, Inc. reported $3.4 B of revenue in the Jul 2026 quarter, +34.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 5 years it has grown 22.0% a year on average. The last full year, FY26, came in at $11.5 B. The last four reported quarters add to $11.5 B. FY26 revenue was $11.5 B, +24.5% on the year before. Recent pace: the last four quarters grew +24.1% on average, against 22.0% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +24.5%, against +19.6% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −72.9%, against −65.5% a year (rolling over). ## How much of every $100 of sales does Palo Alto Networks keep? Palo Alto Networks, Inc.'s operating margin was 5.4% in the Jul 2026 quarter, 8.1 percentage points lower than the same quarter a year ago. Across 6 years it has been between −7.1% and 11.6%. The latest quarter is within that range. Why the margin moved: operating margin changed −8.1 percentage points on the year while gross margin changed −5.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Palo Alto Networks' profit turning into cash? Over the last 3 years, 287% of Palo Alto Networks, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $4.6 B of operating cash against $307 M of profit. After $440 M of spending on assets, $4.1 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Palo Alto Networks' cash go? Palo Alto Networks, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $844 M on assets over the last 3 years. Averaged over those years that is 2.5% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $844 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Palo Alto Networks' P/E ratio, and how does it compare with its own history? Palo Alto Networks, Inc.'s P/E is 875.5×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −75.0% while the price moved +59.0%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +42.2% a year; about −16.3% a year came from earnings growth and about +58.5 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Palo Alto Networks business getting better or worse? Palo Alto Networks, Inc.'s business is getting worse. Profit and EPS growth are shrinking: profit growth is −72.9% in the latest quarter, against +6537.3% at its best in 12 quarters, with ROCE falling at 3.0%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Palo Alto Networks earn on its capital? Palo Alto Networks, Inc. earned a ROE of 1% in FY26. That is up from a low of −127% in FY22. Its return on capital used (ROIC) is 7.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 2.7% net margin and 0.24× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 2.7% net margin × 0.24× asset turnover × 1.76× leverage (assets divided by equity) ≈ 1.1% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 1.7% − 9.3% = −7.6 percentage points. The 9.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 1.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 2.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Palo Alto Networks have too much debt? Palo Alto Networks, Inc. has total debt of $2.6 B against shareholder equity of $27.5 B as of Jul 2026, so its debt is 0.09× its equity, which is very little. Year by year, that ratio went from 5.58 in FY21 to 0.09 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Palo Alto Networks shareholding pattern? 2.6% of Palo Alto Networks, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Palo Alto Networks from balance-sheet trouble? For Palo Alto Networks, Inc., the Z-score is 4.84. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 4.84 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Palo Alto Networks rank in its industry? 39.8 out of 100, rank 22 of 29 in Software - Infrastructure, with 75% of the evidence available. Palo Alto Networks, Inc. scores 39.8 out of 100 against the 29 companies it is compared with in Software - Infrastructure, ranking 22. Relative strength against the index is 32.2%, and revenue and profit growth are weak. The four parts add up to the total exactly: 8.4 + 8.5 + 9 + 13.9 = 39.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Palo Alto Networks compared with? Palo Alto Networks ranks 22 of 29 Software - Infrastructure companies on the 4-Factor Sector Score, with 39.8 out of 100. 1. [NetApp, Inc.](https://www.sectoralpha.in/us/stocks/ntap) NTAP · losing its lead · Most evidence points up · 85% evidence 71.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/35 · Revenue 12.2% · Profit 21.1% · Operating margin change 6.8 points · 95% evidence Capital efficiency 20.5/25 · ROCE 30.1% · Operating margin 26.7% · 76% evidence Valuation 13.0/20 · P/E 24.7× · PEG 0.97 · 65% evidence Relative strength 14.0/20 · Lead over its industry 16.8% · Lead over S&P 500 28% · 1 year 68.9% · 100% evidence · 11 of 12 weeks ahead Exact sum: 23.9 + 20.5 + 13 + 14 = 71.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [GoDaddy Inc.](https://www.sectoralpha.in/us/stocks/gddy) GDDY · breaking out · Most evidence points up · 81% evidence 69.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.7/35 · Revenue 7.4% · Profit 12.5% · Operating margin change 5.2 points · 83% evidence Capital efficiency 20.3/25 · ROCE 26.4% · Operating margin 27.1% · 76% evidence Valuation 15.5/20 · P/E 12.3× · PEG 0.61 · 65% evidence Relative strength 12.8/20 · Lead over its industry -2.3% · Lead over S&P 500 9.8% · 1 year -14.1% · 100% evidence · 11 of 12 weeks ahead Exact sum: 20.7 + 20.3 + 15.5 + 12.8 = 69.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Palantir Technologies Inc.](https://www.sectoralpha.in/us/stocks/pltr) PLTR · losing its lead · Most evidence points up · 71% evidence 68.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.1/35 · Revenue 78.8% · Profit 100% · Operating margin change 20.3 points · 83% evidence Capital efficiency 19.3/25 · ROCE 26% · Operating margin 47.1% · 76% evidence Valuation 9.2/20 · P/E 92.7× · PEG n/a · 15% evidence Relative strength 9.5/20 · Lead over its industry -5.1% · Lead over S&P 500 6.1% · 1 year -1.4% · 100% evidence · 11 of 12 weeks ahead Exact sum: 30.1 + 19.3 + 9.2 + 9.5 = 68.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Microsoft Corporation](https://www.sectoralpha.in/us/stocks/msft) MSFT · breaking out · Most evidence points up · 85% evidence 66.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.8/35 · Revenue 17.9% · Profit 36% · Operating margin change 0.9 points · 95% evidence Capital efficiency 20.5/25 · ROCE 26% · Operating margin 49.8% · 76% evidence Valuation 14.0/20 · P/E 26.7× · PEG 0.74 · 65% evidence Relative strength 12.8/20 · Lead over its industry -0.7% · Lead over S&P 500 11% · 1 year 4.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.8 + 20.5 + 14 + 12.8 = 66.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Corpay, Inc.](https://www.sectoralpha.in/us/stocks/cpay) CPAY · leader · Evidence leans up · 81% evidence 64.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 20.4% · Profit 8% · Operating margin change 3.4 points · 83% evidence Capital efficiency 19.8/25 · ROCE 21.2% · Operating margin 46.9% · 76% evidence Valuation 10.8/20 · P/E 19.2× · PEG 1.65 · 65% evidence Relative strength 12.6/20 · Lead over its industry 0.3% · Lead over S&P 500 12% · 1 year 47% · 100% evidence · 11 of 12 weeks ahead Exact sum: 21 + 19.8 + 10.8 + 12.6 = 64.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Nutanix, Inc.](https://www.sectoralpha.in/us/stocks/ntnx) NTNX · breaking out · Evidence leans up · 75% evidence 61.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Revenue 12.4% · Profit 100% · Operating margin change 8.1 points · 95% evidence Capital efficiency 10.7/25 · ROCE 8.9% · Operating margin 12.9% · 76% evidence Valuation 11.4/20 · P/E 10.6× · PEG n/a · 15% evidence Relative strength 17.3/20 · Lead over its industry 6.7% · Lead over S&P 500 17.9% · 1 year -7.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.9 + 10.7 + 11.4 + 17.3 = 61.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Okta, Inc.](https://www.sectoralpha.in/us/stocks/okta) OKTA · leader · Evidence leans up · 75% evidence 59.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Revenue 11.2% · Profit 76.2% · Operating margin change 7.7 points · 95% evidence Capital efficiency 9.3/25 · ROCE 3.3% · Operating margin 13.3% · 76% evidence Valuation 9.3/20 · P/E 83.3× · PEG n/a · 15% evidence Relative strength 19.4/20 · Lead over its industry 42.6% · Lead over S&P 500 55.1% · 1 year 122.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.9 + 9.3 + 9.3 + 19.4 = 59.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Gen Digital Inc.](https://www.sectoralpha.in/us/stocks/gen) GEN · turning · Evidence leans up · 68% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue n/a · Profit n/a · Operating margin change -0.7 points · 45% evidence Capital efficiency 17.8/25 · ROCE 16.8% · Operating margin 35.6% · 76% evidence Valuation 7.8/20 · P/E 15.3× · PEG 2.67 · 65% evidence Relative strength 14.8/20 · Lead over its industry 1.5% · Lead over S&P 500 13.5% · 1 year 15.3% · 100% evidence · 5 of 12 weeks ahead Exact sum: 18.9 + 17.8 + 7.8 + 14.8 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Toast, Inc.](https://www.sectoralpha.in/us/stocks/tost) TOST · quiet · Evidence leans up · 71% evidence 59.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.3/35 · Revenue 23% · Profit 100% · Operating margin change 2.2 points · 83% evidence Capital efficiency 14.7/25 · ROCE 20.5% · Operating margin 7.4% · 76% evidence Valuation 9.9/20 · P/E 33.2× · PEG n/a · 15% evidence Relative strength 9.3/20 · Lead over its industry -6.5% · Lead over S&P 500 5% · 1 year -9.4% · 100% evidence · 7 of 12 weeks ahead Exact sum: 25.3 + 14.7 + 9.9 + 9.3 = 59.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Rubrik, Inc.](https://www.sectoralpha.in/us/stocks/rbrk) RBRK · leader · Evidence leans up · 64% evidence 58.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Revenue 42.5% · Profit n/a · Operating margin change 13.7 points · 71% evidence Capital efficiency 3.6/25 · ROCE -19.3% · Operating margin -16.8% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 19.0/20 · Lead over its industry 33.4% · Lead over S&P 500 46.2% · 1 year 59.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 25.8 + 3.6 + 10 + 19 = 58.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Oracle Corporation](https://www.sectoralpha.in/us/stocks/orcl) ORCL · quiet · Evidence leans up · 85% evidence 53.8 out of 100 Growth Capital Valuation Relative
12. [Twilio Inc.](https://www.sectoralpha.in/us/stocks/twlo) TWLO · losing its lead · Evidence leans up · 71% evidence 53.8 out of 100 Growth Capital Valuation Relative
13. [Fortinet, Inc.](https://www.sectoralpha.in/us/stocks/ftnt) FTNT · losing its lead · Evidence leans up · 81% evidence 53.7 out of 100 Growth Capital Valuation Relative
14. [Zscaler, Inc.](https://www.sectoralpha.in/us/stocks/zs) ZS · breaking out · Evidence leans up · 67% evidence 53.7 out of 100 Growth Capital Valuation Relative
15. [Samsara Inc.](https://www.sectoralpha.in/us/stocks/iot) IOT · losing its lead · Evidence leans up · 67% evidence 53.4 out of 100 Growth Capital Valuation Relative
16. [CrowdStrike Holdings, Inc.](https://www.sectoralpha.in/us/stocks/crwd) CRWD · leader · Evidence leans up · 67% evidence 53.4 out of 100 Growth Capital Valuation Relative
17. [Check Point Software Technologies Ltd.](https://www.sectoralpha.in/us/stocks/chkp) CHKP · turning · Evidence leans up · 81% evidence 50.1 out of 100 Growth Capital Valuation Relative
18. [Synopsys, Inc.](https://www.sectoralpha.in/us/stocks/snps) SNPS · breaking out · Evidence leans down · 85% evidence 47.6 out of 100 Growth Capital Valuation Relative
19. [Cloudflare, Inc.](https://www.sectoralpha.in/us/stocks/net) NET · losing its lead · Evidence leans down · 61% evidence 42.7 out of 100 Growth Capital Valuation Relative
20. [MongoDB, Inc.](https://www.sectoralpha.in/us/stocks/mdb) MDB · quiet · Evidence leans down · 67% evidence 42.0 out of 100 Growth Capital Valuation Relative
21. [SailPoint, Inc.](https://www.sectoralpha.in/us/stocks/sail) SAIL · losing its lead · Evidence leans down · 64% evidence 40.2 out of 100 Growth Capital Valuation Relative
22. Palo Alto Networks, Inc. this page PANW · losing its lead · Evidence leans down · 75% evidence 39.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.4/35 · Revenue 24.5% · Profit -72.9% · Operating margin change -8.1 points · 95% evidence Capital efficiency 8.5/25 · ROCE 2.1% · Operating margin 5.4% · 76% evidence Valuation 9.0/20 · P/E 96.2× · PEG n/a · 15% evidence Relative strength 13.9/20 · Lead over its industry 21.2% · Lead over S&P 500 32.2% · 1 year 65% · 100% evidence · 10 of 12 weeks ahead Exact sum: 8.4 + 8.5 + 9 + 13.9 = 39.8 · What this means: Relative strength against the index is 32.2%, and revenue and profit growth are weak. 23. [F5, Inc.](https://www.sectoralpha.in/us/stocks/ffiv) FFIV · losing its lead · Evidence leans down · 81% evidence 39.1 out of 100 Growth Capital Valuation Relative
24. [VeriSign, Inc.](https://www.sectoralpha.in/us/stocks/vrsn) VRSN · breaking out · Evidence leans down · 85% evidence 38.3 out of 100 Growth Capital Valuation Relative
25. [DigitalOcean Holdings, Inc.](https://www.sectoralpha.in/us/stocks/docn) DOCN · quiet · Evidence leans down · 71% evidence 37.2 out of 100 Growth Capital Valuation Relative
26. [Akamai Technologies, Inc.](https://www.sectoralpha.in/us/stocks/akam) AKAM · quiet · Most evidence points down · 81% evidence 34.6 out of 100 Growth Capital Valuation Relative
27. [Block, Inc.](https://www.sectoralpha.in/us/stocks/xyz) XYZ · quiet · Most evidence points down · 71% evidence 33.8 out of 100 Growth Capital Valuation Relative
28. [CoreWeave, Inc.](https://www.sectoralpha.in/us/stocks/crwv) CRWV · quiet · Most evidence points down · 61% evidence 30.9 out of 100 Growth Capital Valuation Relative
29. [Cerebras Systems Inc.](https://www.sectoralpha.in/us/stocks/cbrs) CBRS · quiet · Too little evidence to rank firmly · 41% evidence 42.7 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Software - Infrastructure](https://www.sectoralpha.in/us/sectors/software-infrastructure), all 29 compared on one page. ## Which companies are close to Palo Alto Networks in size? Palo Alto Networks is the 4th largest of 117 Software - Infrastructure companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Microsoft Corporation, Palantir Technologies Inc. and Oracle Corporation. Just below it: CrowdStrike Holdings, Inc., Cloudflare, Inc. and Fortinet, Inc. ### Software - Infrastructure companies close in size

1. [Microsoft Corporation](https://www.sectoralpha.in/us/stocks/msft) $3.87 trillion
2. [Palantir Technologies Inc.](https://www.sectoralpha.in/us/stocks/pltr) $421.5 billion
3. [Oracle Corporation](https://www.sectoralpha.in/us/stocks/orcl) $382.5 billion
4. Palo Alto Networks, Inc. $286.7 billion
5. [CrowdStrike Holdings, Inc.](https://www.sectoralpha.in/us/stocks/crwd) $251.1 billion
6. [Cloudflare, Inc.](https://www.sectoralpha.in/us/stocks/net) $97.4 billion
7. [Fortinet, Inc.](https://www.sectoralpha.in/us/stocks/ftnt) $94.1 billion

[All 117 Software - Infrastructure companies, largest first](https://www.sectoralpha.in/us/sectors/software-infrastructure#all-companies)

### Companies close in size in other industries

1. [Shell plc](https://www.sectoralpha.in/us/stocks/shel) $289.7 billion · Oil & Gas Integrated
2. [AstraZeneca PLC](https://www.sectoralpha.in/us/stocks/azn) $288.3 billion · Drug Manufacturers - General
3. Palo Alto Networks, Inc. $288 billion
4. [Lam Research Corporation](https://www.sectoralpha.in/us/stocks/lrcx) $284.3 billion · Semiconductor Equipment & Materials
5. [Royal Bank of Canada](https://www.sectoralpha.in/us/stocks/ry) $283.6 billion · Banks - Diversified

## What else do people ask about Palo Alto Networks? ### What is Palo Alto Networks's stock price today? Palo Alto Networks, Inc.'s stock price is $350.20, +59.0% over the past year. The whole company is worth $287 B on the market. In the last 52 weeks it traded between $147 to $419; today it is 75% of the way up from the low, 29.0% above its 200-day average (as of 3 November 2026). ### What were Palo Alto Networks's latest quarterly results? Palo Alto Networks, Inc. reported revenue of $3.4 B and a net loss of $282 M for the Jul 2026 quarter. Revenue rose 34.5% and profit fell 211.0% compared with a year earlier. Earnings per share were −$0.35 (as of 3 November 2026). ### What is Palo Alto Networks's market cap? Palo Alto Networks, Inc.'s market capitalisation is $287 B at a stock price of $350.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Palo Alto Networks performing? Palo Alto Networks, Inc.'s share price has been rising for 22 weeks. In its latest quarter, revenue rose 34.5% and profit fell 211.0% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running (as of 3 November 2026). ### Will Palo Alto Networks's stock price go up? This page does not forecast Palo Alto Networks, Inc.'s stock price. What it shows instead: the stock price is $350.20, and it has been rising for 22 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Palo Alto Networks in its business cycle? Palo Alto Networks, Inc.'s FY26 operating margin was 7.0%, against a 6-year range of −7.1% to 11.6%: the middle of its own range, neither a peak nor a low. The latest quarter was 5.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Palo Alto Networks story? The main question: the share price moved +59.0% in a year while yearly earnings per share moved −75.0%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Palo Alto Networks a stock worth studying right now? What the numbers show: Palo Alto Networks, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

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- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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