Palo Alto Networks (PANW) to Report Q1 Results Tuesday; Analysts Project 28.6% Revenue Surge

Palo Alto Networks (NASDAQ:PANW) will announce fiscal first-quarter results after the U.S. market closes on June 2, 2026, with Wall Street anticipating a sharp acceleration in revenue. Analysts surveyed by the company project a 28.6% year-over-year increase, a significant jump from the 15.3% growth recorded in the same quarter a year earlier. The cybersecurity firm enters the earnings event following a 52.4% share price rally over the past month, leaving the stock at $281.25, well above the average analyst price target of $232.86. Recent reports from peers offer a mixed backdrop: Zscaler topped revenue estimates with 25.4% growth but saw its stock drop 31.5% post-earnings, while Varonis Systems beat expectations with a 26.9% revenue rise and gained 7.3%. Palo Alto Networks has historically exceeded forecasts, and estimates have remained stable in recent weeks.