Skip to content
All news
Earnings

Palo Alto Networks Q3 Earnings Preview: Buy, Sell or Hold?

Palo Alto Networks (PANW) is set to report Q3 fiscal 2026 earnings. Analysts expect revenue of approximately $2.0 billion and EPS of $1.30. However, rising acquisition costs and share dilution raise questions about the stock's near-term performance.

May 28, 2026
3 min read
Source: Zacks
Share:

Key Numbers

revenue estimate
2.0B
eps estimate
1.30

Palo Alto Networks (NASDAQ: PANW) is set to report its fiscal third-quarter 2026 earnings, with expectations of revenue around $2.0 billion and earnings per share (EPS) of $1.30. The announcement comes as the company continues its strong platform growth in cybersecurity, but faces headwinds from rising acquisition costs and share dilution.

Key Financial Metrics

MetricQ3 2026 (Estimated)Q3 2025 (Actual)Change
Revenue$2.0B$1.8B+11%
EPS$1.30$1.10+18%
Net IncomeTBD$250M-

Highlights from the Report

Management is expected to emphasize the growth of its integrated cybersecurity platform, which includes advanced threat protection and identity management solutions. The company may also provide an update on its acquisition of "Easy Solutions" aimed at bolstering cloud security capabilities.

Future Guidance

No official guidance has been issued yet, but analysts expect PANW to provide Q4 revenue guidance in the range of $2.05B to $2.10B, with continued focus on margin improvement.

Impact on Stock

PANW shares currently trade around $350, up 15% year-to-date. However, some analysts view the stock as overvalued given its P/E ratio exceeding 50x.

What This Means for Investors

Investors should closely monitor Q3 results, particularly regarding acquisition costs and share dilution. If the company can achieve strong revenue growth while improving margins, the stock may be a good buying opportunity. If costs continue to rise, it may be better to wait.

Frequently Asked Questions

The exact date has not been announced, but it is expected in late May 2026.

Found this useful? Share it

Share:
This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.