Palo Alto Networks (PANW) call put ratio 1 call to 1.1 puts into quarter results

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Go back to Palo Alto Networks (PANW) call put ratio 1 call to 1.1 puts into quarter results

Evercore ISI Reiterates Outperform Rating on Palo Alto Networks (PANW)

September 2, 2026 6:21 AM EDT

Evercore ISI analyst Peter Levine reiterated an Outperform rating and $415.00 price target on Palo Alto Networks (NASDAQ: PANW).

The analyst comments "PANW delivered a solid F4Q, with results exceeding expectations across the board. F4Q NGS net new ARR came in well ahead of the $830mn bogey at $970mn. However, the stock came under pressure after-hours, likely reflecting a softer-than-expected FY27 outlook and investor concerns around the organic growth trajectory. The initial FY27 NNARR guide came in at ~$2.03bn (vs. bogey of ~$2.08bn), with mgmt expecting 60-61% of FY27 NNARR... More