# Palo Alto Networks Inc (PANW) Earnings Preview

Source: https://www.equity-rank.com/earnings-preview/PANW

Next report: **Wed, Nov 18, 2026, after the close**. Analysts' average EPS estimate: $0.52. The facts below describe past reports and today's prices; none of them predicts the result.

- Move the option market prices in: ±13.3% (at-the-money straddle, 2026-11-20 expiry)
- Typical move after a report: ±6.2% (median of the last 8, either direction)
- Model fair value (multi-method blend): $174.00 against a $313.84 price, a -44.6% model fair value differential

## The last 8 reports

Reported EPS came in above the estimate 6 of 8 times.

| Reported | EPS estimate | EPS actual | Surprise | Stock move |
| --- | --- | --- | --- | --- |
| Tue, Sep 1, 2026 | $0.51 | $0.53 | +3.9% | -9.3% |
| Tue, Jun 2, 2026 | $0.43 | $0.32 | -25.6% | -5.6% |
| Tue, Feb 17, 2026 | $0.94 | $1.03 | +9.6% | -6.8% |
| Wed, Nov 19, 2025 | $0.89 | $0.93 | +4.5% | -7.4% |
| Mon, Aug 18, 2025 | $0.50 | $0.42 | -16.0% | +3.1% |
| Tue, May 20, 2025 | $0.77 | $0.80 | +3.9% | -6.8% |
| Thu, Feb 13, 2025 | $0.78 | $0.81 | +3.8% | -0.9% |
| Wed, Nov 20, 2024 | $0.74 | $0.78 | +5.4% | +1.2% |

Stock move = closing price change across the report.

[Full PANW valuation](https://www.equity-rank.com/stocks/PANW) · [Other upcoming reports](https://www.equity-rank.com/earnings-preview)

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Fair value is a model estimate under stated assumptions — not a price target, not a prediction, and not a recommendation. This page is research information, not investment advice. Equity Rank is not a registered investment adviser.