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Palo Alto Networks PANW

Palo Alto Networks scores good on business quality (7.0 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$418.78Oct 10, 2026
Business qualityGood
Next earningsNov 17, 2026
Insiders, 90 daysSelling

Why it matters

  1. What Palo Alto Networks does

    Palo Alto Networks provides network security, cloud security, and threat intelligence to enterprises worldwide, generating revenue through subscription and support services.

  2. What it does best

    Palo Alto excels at converting hardware security clients into recurring cloud subscribers, posting a revenue growth rate of 24.5%. This shift creates deep integration that rivals like Microsoft at 17.8% revenue growth struggle to match directly.

  3. The main risk

    Aggressive platform consolidation and discounting tactics could compress low operating margins currently sitting at 6.1%, leaving little room for execution errors as competition intensifies.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityFair

Operating margin rests at 6.1% alongside an FCF margin in the top quartile of its sector at 88% rank, though net margins remain modest at 2.7% as scale builds.

MoatWeak

A low moat score of 3.1 reflects limited switching costs and light ecosystem lock-in compared to peers, keeping enterprise pricing power constrained within the middle of its sector.

GrowthFast

Revenue growth hit 24.5% to reach $11.5 billion, accelerating nicely from prior annual periods as enterprise customers adopt integrated security platforms.

Financial healthStrong

With cash of $3.1 billion and a low debt-to-equity ratio of 0.1, the balance sheet is secure. Free cash flow reached $4.1 billion, pointing to solid cash generation getting stronger.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

3 sold $9.2M outside pre-planned sales.

Our sealed record on PANW

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is PANW a good business?

Palo Alto Networks scores good on the Cluenex quality check (7.0 of 10), measured against its own industry. Profitability is fair, moat weak, growth fast and financial health strong.

Are insiders buying PANW?

In the last 90 days of SEC Form 4 filings: 3 sold $9.2M outside pre-planned sales.

When does PANW report earnings?

Nov 17, 2026.

For members

See PANW today

  • Today's verdict on PANW, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “Palo Alto Networks (PANW)”, https://cluenex.com/stocks/panw/, data as of Oct 10, 2026.