Palo Alto Networks

PANW

Market cap $228B

Palo Alto Networks: Why It's Worth Buying Before 2 June

Even stocks in the beleaguered software industry have been on fire.

The S&P 500 Index is roaring to all-time highs and the general market rally continues to widen. Record highs were registered this week by the Dow Jones Industrial Average, Nasdaq 100 and the Russell 2000. First support for SPX continues to be 7,330, with various support levels below that down to 7,000.

Palo Alto Networks, Inc. remains a Strong Buy as new catalysts reinforce my long-term bullish thesis. PANW consistently beats analyst expectations, with 15% revenue and 27% EPS growth year-over-year, justifying its premium valuation. Sticky customer relationships, platform unification, and robust RPO/ARR growth signal a strengthening competitive moat.

PANW heads into Q3 earnings with strong platform growth, but rising acquisition costs and share dilution cloud near-term prospects.

Besides Wall Street's top-and-bottom-line estimates for Palo Alto (PANW), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended April 2026.

Palo Alto Networks stock and CrowdStrike were slipping after peer Zscaler gave underwhelming guidance but Wall Street is still upbeat on cybersecurity.

There's been a lot of excitement and awe following Anthropic's release of Claude Mythos and its limited release to members of Project Glasswing.

In the latest trading session, Palo Alto Networks (PANW) closed at $256.75, marking a -1.47% move from the previous day.

Cybersecurity companies embedding AI into their security platforms are positioned for long-term growth amid intensifying cyberattacks.