Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · View financials
Decision snapshot: PANW stock price vs ZBRA: 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 ZBRA's multiple
Needs ZBRA 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 edge
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) · ZBRA FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Five 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
Zebra Technologies Corporation · implied price per share
Bear
$64.05
Base
$75.35
Bull
$86.65
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
0.70x
Net debt / EBITDA
Leverage against operating earnings
-0.47x
2.67x
Cash and equivalents
Liquid reserves on the balance sheet
$2.90B
$149.39M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
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$1.99B
$2.50B
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 its superior growth and return profile for many years, then hold or accumulate only on meaningful pullbacks because the current valuation is far richer than ZBRA and far above both the implied P/E and DCF ranges.
PANW trades at a massive premium to ZBRA across P/E, P/S, EV/EBITDA, and EV/Revenue, yet the provided P/E-based implied price is far below the current quote. The stock is also above the top end of its historical band, while the DCF range is far below the market price, reinforcing a stretched valuation view.
Supporting Metrics
