PANW stock slides after earnings beat but outlook undershoots
TL;DR Summary
Palo Alto Networks beat Street estimates for Q2 with EPS of $1.03 and revenue of $2.59 billion, but issued lighter guidance for Q3 and full-year 2026, sending the stock down about 5%. The company sees FY2026 EPS of $3.65-$3.70 on revenue of $11.28-$11.31 billion (vs. consensus of about $3.86 and $10.53 billion). Despite the softer outlook, analysts maintain a Strong Buy rating with an average target near $223.68, implying upside.
- PANW Earnings: Palo Alto Networks Stock Sinks Despite Top and Bottom Line Beats TipRanks
- Palo Alto Networks slumps 6% as third quarter profit guidance falls short CNBC
- Palo Alto Networks cuts annual profit forecast as deal costs bite, shares fall Yahoo Finance
- Palo Alto Networks Lifts Revenue Outlook as Second-Quarter Profit Jumps The Wall Street Journal
- Palo Alto Earnings Due: Guidance Eyed Amid M&A Spree Investor's Business Daily
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