TradingKey – Palo Alto Networks (PANW) delivered better-than-expected results in its latest earnings report, but its stock price dropped significantly. On September 2 Eastern Time, PANW fell 9.28% to $328.48, touching an intraday low of $321.39; compared with the closing price of $382.13 on August 31, its two-day cumulative decline has exceeded 14%.
Based on the earnings report, PANW’s fourth-quarter revenue, adjusted EPS, and NGS ARR all maintained strong growth, and its FY2027 revenue and EPS guidance were also higher than market expectations. But why did its stock price fall?
Why Is PANW Stock Falling?
Financial results show that PANW’s fourth-quarter revenue for fiscal year 2026 reached $3.41 billion, up 34% year-over-year, exceeding…
