Palo Alto Networks Q2 Preview: 10th Straight Double Beat Expected — Will That Reverse Stock Slump?

Palo Alto Networks is expected to report its 10th consecutive “double beat” for Q2 earnings, exceeding both revenue and EPS estimates, though analysts have recently lowered price targets. Investors will be watching key metrics like remaining performance obligations and annual recurring revenue, as well as updates on recent acquisitions designed to bolster its “security partner of choice” position in the AI era. This comes as the stock has slumped over the past year, making strong guidance crucial for a potential rebound.