PANW Earnings

PANW reported its earnings on 2026-06-02, showcasing a revenue of 3.00B against an estimate of 2.94B, resulting in a 2.04% surprise. The EPS was 0.32, surpassing the expected 0.43 by -25.58%. The stock experienced a -5.64% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following PANW's earnings announcement on 2026-06-02, the stock price moved by -5.64% on the day of the release. Over the subsequent five days, it saw a 0% change. Historically, PANW's stock price tends to shift by an average of -4.52% in the 10 days leading up to earnings and -3.51% in the 10 days following, providing insight into potential market.

For 2026/Q4, analysts estimate PANW's annual revenue to reach 2.87B, while the EPS is projected at 1.06. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between PANW's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2026 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, PANW's stock price typically moves by -4.52% in the 10 days before its earnings and -3.51% in the 10 days after. For the upcoming 2026/Q4 earnings, analysts expect an EPS of 1.06 and revenue of 2.87B.

The earnings call highlights strong financial performance, including a 57% increase in adjusted free cash flow and significant growth in Observability ARR. The Q&A section indicates robust demand for AI-driven security solutions, with management providing optimistic guidance on future growth. Despite some lack of clarity on specific metrics, the overall sentiment is positive, driven by strategic initiatives and growth in key areas like AI and cybersecurity.