Palo Alto Networks (PANW) stock has been on a tear. Based on its strong free cash flow and FCF margins, as well as analysts' forecasts, PANW stock could be worth 21% more at over $403 per share. This article will show how this works.
PANW closed up over 9.1% at $332.00 on Monday, June 29. The stock has been on an upward trajectory since its June 2 earnings release for the fiscal Q3 ended April 30, after a brief initial drop.