Palo Alto Networks stock gained 1.76 percent on October 2

Published on 10/05/2026 at 23:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Palo Alto Networks stock carries a USD 440 TD Cowen target after the October 2 update. Fiscal Q4 revenue reached USD 3.41 billion, up 34 percent year over year.

Schwarz-weißes Reportagefoto eines Sicherheitsanalysten vor mehreren Bildschirmen — Palo Alto Networks US6974351057 dargestellt als Schwarz-Weiß-Reportage eines konzentrierten Security-Analysten am Arbeitsplatz, Illustration mit AI erstellt.

Palo Alto Networks (ISIN US6974351057) closed at USD 403.24 on Nasdaq on October 2, 2026, up 1.76 percent from the prior close of USD 396.25. The cybersecurity company reported fiscal fourth-quarter revenue of USD 3.41 billion, up 34 percent year over year, in results released on September 1, 2026, according to Last10K. The combination of faster sales growth and ambitious fiscal 2027 targets keeps execution and profitability at the center of the stock story.

Revenue reaches USD 3.41 billion

Palo Alto Networks grew fiscal Q4 revenue by 34 percent to USD 3.41 billion, while full-year fiscal 2026 revenue rose 24 percent from USD 9.22 billion to USD 11.48 billion. The annual figures are reported for the fiscal year ended July 31, 2026, and are also reflected in the company filing published through Last10K.

Adjusted earnings reached USD 1.02 per share in fiscal Q4 against a USD 0.98 consensus estimate, according to Investing.com. The counterweight is GAAP profitability: Palo Alto Networks reported a fiscal fourth-quarter net loss of USD 282 million, while full-year net income fell to USD 307 million from USD 1.13 billion in fiscal 2025, according to Simply Wall St.

Fiscal 2027 guidance raises the bar

Management guided fiscal 2027 revenue to USD 14.10 billion to USD 14.20 billion, implying growth of 23 percent to 24 percent. The same outlook calls for non-GAAP operating margin of 29.5 percent and next-generation security annual recurring revenue of USD 11.075 billion to USD 11.175 billion, according to Last10K.

The operating indicators point to expanding platform adoption. Next-generation security ARR reached USD 9.10 billion in fiscal Q4, up 63 percent year over year, while remaining performance obligations rose 34 percent to USD 21.2 billion, according to The Globe and Mail. For investors, the central test is whether this growth can translate into stronger GAAP earnings while the company integrates its expanded security platform.

Analysts set a higher bar

TD Cowen raised its Palo Alto Networks target to USD 440 from USD 400 while maintaining a Buy rating on October 2, 2026, according to Investing.com. The new target lies 9.1 percent above the October 2 closing price of USD 403.24.

MarketBeat records a Moderate Buy consensus from 50 analysts, including 38 Buy ratings and 12 Hold ratings. Its average twelve-month target is USD 391.32, with a high of USD 475.00 and a low of USD 175.00, placing the average 2.96 percent below the October 2 close.

Stock stays near its yearly high

Palo Alto Networks stock closed at USD 403.24 on Nasdaq on October 2, 2026, while its 52-week range extended from USD 139.57 to USD 409.50. Market capitalization stood at USD 331.5 billion on October 5, 2026, giving the growth outlook a valuation that leaves little room for execution slippage.