Palo Alto Networks (PANW) stock has been extending gains ahead of the cybersecurity firm’s Q4 earnings, which are scheduled to be released on Sept. 1 after market close. Consensus is for the multinational to record $0.51 in earnings per share (EPS) for its fourth quarter, which would represent a 21.43% increase on a year-over-year basis.
The earnings event arrives at a time when Palo Alto Networks shares have already been in a sharp uptrend, currently trading at more than 2x their price at the start of 2026.