CVX vs PANW: Which Is the Better Buy?
Side-by-side comparison of Chevron Corporation and Palo Alto Networks, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
Chevron Corporation · Energy
$188.52
-23.1% upside to fair value
Grade D
VS
Palo Alto Networks, Inc. · Technology
$174.96
+15.2% upside to fair value
Grade B
High Quality
QuantHub Verdict
PANW has more upside to fair value
(+15.2%).
CVX trades at a lower forward P/E
(22.9x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CVX |
PANW |
| Current Price |
$188.52 |
$174.96 |
| Fair Value Estimate |
$145.00 |
$201.61 |
| Upside to Fair Value |
-23.1%
|
+15.2%
|
| Market Cap |
$376.9B |
$119.2B |
| Forward P/E |
22.9x
|
94.9x
|
| EV / EBITDA |
7.8x
|
52.4x
|
| Price / Sales |
1.5x
|
12.1x
|
| Price / FCF |
17.0x
|
29.3x
|
| Revenue Growth YoY |
-4.6%
|
+14.9%
|
| Gross Margin |
30.4%
|
73.5%
|
| Operating Margin |
9.0%
|
14.4%
|
| Return on Equity |
6.6%
|
15.5%
|
| Dividend Yield |
4.52% |
0% |
| FCF Yield |
5.89%
|
3.41%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Chevron Corporation is a leading integrated oil and gas major with global upstream and downstream operations, a fortress balance sheet, and a shareholder-friendly capital return program. Under CEO Mike Wirth, the company has prioritized disciplined capital allocation, returning over $27 billion to shareholders in 2024 alone through buybacks and dividends, while maintaining a 38-year streak of con…
Palo Alto Networks is a leading cybersecurity company specializing in AI-driven cloud security platforms, subscription services, and hardware products. The company benefits from a durable competitive moat driven by its platform transformation under CEO Nikesh Arora, with over 50% of revenue from high-margin subscription services growing at 25.6% year-over-year in fiscal 2024. Despite a premium va…
Accumulation Zones
| Metric |
CVX |
PANW |
| Zone Low |
$108.75 |
$151.21 |
| Zone High |
$123.25 |
$171.37 |
| In Buy Zone? |
No
|
No
|