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Palo Alto Networks, Inc. (PANW) Competitors & Peers

The 5 largest companies in the same industry as Palo Alto Networks, Inc., by market value — each comparable links to its own dossier. Numbers are code-computed, never estimated.

How we identify peers ↗

TickerRelationshipPriceComparables
MSFTCompetitor$516.17P/E 28.9RSI 64Cap 3.86 T
PLTRPeer$189.67P/E 163.3RSI 66Cap 459.2 B
ORCLPeer$137.10P/E 23.3RSI 51Cap 450.3 B
CRWDCompetitor$252.13P/E 5257.4RSI 52Cap 215.3 B
FTNTCompetitor$173.46P/E 64.0RSI 66Cap 132.5 B

How these relationships were derived

Every relationship below carries its provenance. A confirmed edge is sourced from a public filing or disclosure and links to it; an AI-inferred edge is surfaced by the relationship model and is unverified — shown for color, not as evidence.

Confirmed relationships (cited)

Sourced from a public filing or disclosure — each links to its origin.

  • CSCOCompetitor

    Palo Alto Networks is a major competitor in enterprise cybersecurity, next-generation firewalls, and cloud security frameworks (SASE).

    Confirmed — SEC filing / public disclosuresec.gov ↗
  • CRWDCompetitor

    CrowdStrike and Palo Alto Networks are the two dominant enterprise cybersecurity platforms, competing for endpoint, cloud, and SOC security consolidation.

    Confirmed — SEC filing / public disclosuresec.gov ↗
  • NVDAPartner

    Palo Alto Networks partnered with NVIDIA to integrate AI security capabilities into NVIDIA's AI data center stack, including Prisma AIRS (AI Runtime Security) for protecting AI workloads.

    Confirmed — SEC filing / public disclosuresec.gov ↗

Model-inferred relationships (unverified)

Suggested by the relationship model, with no public source on file. Treat each as a lead worth checking, not as evidence.

  • NTSKCompetitor

    Netskope competes with Palo Alto Networks Prisma SASE.

    Model-inferred, unverified — treat as a lead, not evidence
  • CYBRMerger

    Palo Alto Networks agreed to acquire CyberArk for $25B (announced 2025).

    Model-inferred, unverified — treat as a lead, not evidence
  • CYBRPartner

    Palo Alto Networks agreed to acquire CyberArk for $25B (announced 2025).

    Model-inferred, unverified — treat as a lead, not evidence
  • ZSCompetitor

    Zscaler ZIA/ZPA competes with Palo Alto Prisma SASE.

    Model-inferred, unverified — treat as a lead, not evidence
  • FTNTCompetitor

    Fortinet + Palo Alto compete in firewall + SASE.

    Model-inferred, unverified — treat as a lead, not evidence
  • MSFTCompetitor

    Microsoft Defender and Sentinel compete with Palo Alto Networks' security operations and endpoint products, with Microsoft leveraging its M365 bundle as a distribution advantage.

    Model-inferred, unverified — treat as a lead, not evidence
  • SCompetitor

    Endpoint protection overlap.

    Model-inferred, unverified — treat as a lead, not evidence
  • MSFTPartner

    PANW and Microsoft have joint security integrations: Palo Alto's Cortex XSIAM integrates with Microsoft Sentinel and Azure Security, and both companies co-sell to enterprise clients.

    Model-inferred, unverified — treat as a lead, not evidence
  • GOOGLPartner

    Palo Alto Prisma Cloud runs on Google Cloud + GCP-native integrations.

    Model-inferred, unverified — treat as a lead, not evidence
  • NETCompetitor

    Cloudflare + Palo Alto SASE overlap.

    Model-inferred, unverified — treat as a lead, not evidence