Palo Alto Networks reports Q4 FY26 earnings after the bell, with Wall Street focused on $3.35 billion in revenue and adjusted EPS guidance of $0.96-$0.98.
The bigger number may be Next-Generation Security ARR. Management guided for $8.90 billion to $8.95 billion, representing 59-60% growth, with investors watching closely for CyberArk’s contribution.
Expectations are high. Palo Alto shares have roughly doubled year to date as investors bet on platformization, AI security demand, and a longer-term path toward 40% free cash flow margins. Yet each of the company’s last three earnings beats was followed by a negative day-of stock reaction.
A clean beat and strong FY27 outlook could validate the rally. Any softness in NGS ARR or cautious forward guidance could quickly put the stock’s premium valuation under pressure.
Contact [email protected] for any questions or corrections.
That wraps up our initial coverage of Palo Alto’s Q4 results. Thank you for stopping by!
Palo Alto Networks just reported earnings with shares initially up 6% following the report. Here are the key numbers:
Guidance:
Quick Read:
Consensus for Q4 sits at $0.9777 EPS on $3.35 billion in revenue, essentially matching management’s own range. The real event is the first FY27 outlook.
Wall Street currently models $13.84 billion in FY27 revenue, with EPS estimates trimmed to $1.9418 from $2.3309 ninety days ago on 7 downward revisions.
CEO Nikesh Arora has beaten and raised for five straight quarters, so a conservative guide is baked in.
Bullish scenario: FY27 revenue above $14B, NGS ARR growth above 40%, and FCF margin tracking toward the 40% fiscal 2028 target early.
Bearish scenario: revenue below $13.5B, Q1 EPS under $0.4375 consensus, or FCF margin stalling at 37.5%. With shares already off 5.79% intraday, the guide dictates the next leg.
I’m watching Palo Alto Networks (NASDAQ: PANW | PANW Price Prediction) ahead of its fiscal third-quarter results due today, June 2, after the market closes at around 4:05 PM ET. With shares up 63.13% year-to-date, expectations…
AI-powered attacks are accelerating faster than most security budgets can absorb, and a handful of platform vendors are capturing a disproportionate share of that urgent spend. Three Nasdaq-listed cybersecurity names just posted beat-and-raise quarters,…
Broadcom carries a $1.75 trillion market cap and AI revenue expectations that have already punished the stock twice for merely beating estimates. Tonight, the real question is whether Hock Tan's Q4 guidance can finally…
Palo Alto Networks crushed revenue estimates and still got punished, while peers with weaker numbers barely flinched. The gap between what bulls expected and what the company delivered reveals a fault line running through…
Palo Alto Networks (NASDAQ: PANW | PANW Price Prediction) reports fiscal second-quarter results tonight after the close. After a challenging start to 2026, with shares down 8% year-to-date and 11% over the past month,…
Palo Alto Networks (NASDAQ:PANW | PANW Price Prediction) just earned a Buy initiation from Benchmark with a $200 price target, anchored to a compelling profitability thesis: The company is on track to achieve nearly…
AeroVironment heads into its Q1 earnings report down sharply on the day and nearly 42% year to date, with a slashed EPS bar and a $1.5 billion SCAR backlog wipeout weighing on investor confidence.…
HPE has surged 120% this year on AI backlog growth and Juniper synergies, but Wall Street now sits above management's own guidance ceiling, leaving tonight's Q3 report as the moment that either validates the…
Oracle walks into tonight's report carrying a backlog so enormous it rewrote what investor visibility means, yet the stock has shed a third of its value in a year and sits lower again today.…
