Palo Alto Networks, Inc
—- Market cap
- —
- Debt
- +$1.99B
- Cash
- −$2.90B
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 · View financials
Decision snapshot: PANW stock price vs PSTG: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at PSTG's multiple
Needs PSTG P/E.
Implied fair value · at PANW's multiple
Needs PANW P/E.
Live quote
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: PANW FY 2025 (ended Jul 31, 2025) · PSTG FY 2026 (ended Feb 1, 2026). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
PALO ALTO NETWORKS, INC · implied price per share
Bear
$15.82
Base
$18.61
Bull
$21.40
Everpure, Inc. · implied price per share
Bear
$6.64
Base
$7.81
Bull
$8.99
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.25x
0.14x
Net debt / EBITDA
Leverage against operating earnings
-0.47x
-4.58x
Cash and equivalents
Liquid reserves on the balance sheet
$2.90B
$1.60B
Total debt
Interest-bearing obligations outstanding
$1.99B
$200.00M
Comparable set
Where the pair sits against the wider comparable set.
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Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe PANW can sustain premium multiples through continued double-digit growth and margin durability, then hold or add selectively because its profitability and balance sheet are strong; otherwise, the current price looks vulnerable given the 34.2% downside implied by the valuation model and the much lower PSTG-implied range.
PANW trades at a large premium on every core valuation metric versus PSTG, yet the model still implies downside of 34.2% to $218.36. The current price of $331.83 also sits above PSTG-implied range and near the top of its historical band, which argues the market is already pricing in a lot of optimism.
Supporting Metrics