Palo Alto Networks, Inc. Common Stock

Day range

$351.24 – $381.49

Open

$354.30

Prev close

$354.92

Volume

6.59M

Market cap

$290.32B

Shares out

818M

P/E

945.68

P/S

25.29

P/B

10.56

P/FCF

70.59

ROE

1.1%

ROA

0.6%

Debt/Equity

0.06

Div yield

0.00%

As of Oct 22, 2026

• Earnings and performanceSep 1, 2026

  On September 1, 2026, Palo Alto Networks, Inc. (the "Company") issued a press release announcing its financial results for its fourth quarter and fiscal year ended July 31, 2026.

• Executive leadershipAug 21, 2026

  On August 20, 2026, the Board of Directors (the "Board") of Palo Alto Networks, Inc. (the "Company"), upon the recommendation of the Compensation and People Committee of the Board, approved an Executive Change in Control and Severance Policy (the "Policy"). The Policy is designed to provide certain severance benefits to selected participants in connection with the involuntary termination of the participant's employment during a specified change in control protection period, or, in certain cases, outside of a change in control protection period.

• Material agreementsApr 13, 2026

  On April 8, 2026, Palo Alto Networks, Inc. (the "Company") entered into three lease amendments (collectively, the "Amendments") extending the term of the Company's leases (collectively, the "Leases") of the following properties: (i) Building E comprised of approximately 290,082 rentable square feet and located at 3000 Tannery Way, Santa Clara, California, (ii) Building G comprised of approximately 309,559 square feet and located at 3200 Tannery Way, Santa Clara, California, and (iii) Building F and H comprised of approximately 340,923 rentable square feet and located at 3100 and 3130 Tannery Way, Santa Clara, California.

• Shareholder returnsMar 11, 2026

  The Company repurchased $1.0 billion of its common stock on the open market during February 20 and February 24, 2026, totaling approximately 6.8 million shares at an average price of $147.69 per share. The authorization allows the Company to repurchase shares of its common stock opportunistically and will be funded from available working capital.

• Deal completionsFeb 11, 2026

  On the Closing Date, PANW completed the acquisition of CyberArk pursuant to the Agreement and Plan of Merger, dated as of July 30, 2025 (the 'Merger Agreement'), by and among PANW, Athens Strategies Ltd., a company organized under the laws of the State of Israel and a wholly owned subsidiary of PANW ('Merger Sub'), and CyberArk. On the Closing Date, pursuant to the Merger Agreement, and upon the terms therein, Merger Sub merged with and into CyberArk (the 'Merger'), with CyberArk continuing as the surviving corporation in the Merger and a wholly owned subsidiary of PANW.

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Days to cover

3.4

Short interest

21.61M

Avg volume

6.41M

As of Sep 30, 2026 · reported to FINRA twice monthly.

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