Palo Alto Networks stock gains on 34 percent Q4 growth

Published on 10/04/2026 at 11:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Palo Alto Networks stock stood at USD 403.24 on October 2, 2026, after a 1.76 percent daily gain. NGS ARR reached USD 9.10 billion, up 63 percent year over year.

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Palo Alto Networks stock (ISIN US6974351057) closed at USD 403.24 on Nasdaq on October 2, 2026, up 1.76 percent from the prior close. The latest operating signal came from fiscal Q4 2026, when revenue rose 34 percent year over year to USD 3.41 billion, according to Last10K.

Q4 revenue grew 34 percent

The fourth-quarter result combined higher scale with a sharp expansion in recurring security demand. Next-Generation Security ARR reached USD 9.10 billion in fiscal Q4 2026, up 63 percent year over year, while remaining performance obligations increased 34 percent to USD 21.2 billion, the filing said.

Yahoo Finance reported on October 1, 2026, that adjusted Q4 EPS was USD 1.02, 4.1 percent above consensus, while subscription and support revenue rose 36.2 percent to USD 2.672 billion. That mix matters because the company is shifting toward recurring software and platform revenue.

Consensus target trails price

MarketBeat lists a Moderate Buy consensus based on 50 analysts, with an average price target of USD 391.32, a high target of USD 475.00 and a low target of USD 175.00, according to its October 3, 2026 update. The average target sits below the October 2 closing price, putting valuation discipline alongside the growth case.

The company also guided fiscal 2027 revenue to USD 14.10 billion to USD 14.20 billion, representing 23 percent to 24 percent growth. Fiscal 2027 non-GAAP EPS guidance is USD 4.16 to USD 4.19, with a projected non-GAAP operating margin of 29.5 percent, according to Last10K.

Stock closes near yearly high

Palo Alto Networks stock closed at USD 403.24 on October 2, 2026, with a 52-week range of USD 139.57 to USD 409.50. The company had a market capitalization of USD 328.6 billion and trading volume of 4,829,505 shares on that session.