CVX vs PANW: Which Is the Better Buy?
Side-by-side comparison of Chevron Corporation and Palo Alto Networks, Inc. β fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-26.
Chevron Corporation Β· Energy
$205.52
+35.9% upside to fair value
Med Conviction
Grade B
High Quality
VS
Palo Alto Networks, Inc. Β· Technology
$374.74
-5.2% upside to fair value
Med Conviction
Grade C
High Quality
QuantHub Verdict
CVX has more upside to fair value
(+35.9%).
These are model outputs β not personalized investment advice.
See all research β
Valuation & Fundamentals
| Metric |
CVX |
PANW |
| Current Price |
$205.52 |
$374.74 |
| Fair Value Estimate |
$279.29 |
$355.11 |
| Upside to Fair Value |
+35.9%
|
-5.2%
|
| Market Cap |
$409.3B |
$305.4B |
| Forward P/E |
β
|
β
|
| EV / EBITDA |
7.8x
|
569.8x
|
| Price / Sales |
2.0x
|
26.6x
|
| Price / FCF |
15.0x
|
64.0x
|
| Revenue Growth YoY |
+51.4%
|
+34.4%
|
| Gross Margin |
31.0%
|
70.4%
|
| Operating Margin |
15.8%
|
6.1%
|
| Return on Equity |
11.0%
|
1.7%
|
| Dividend Yield |
3.43% |
0% |
| FCF Yield |
6.67%
|
1.56%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Chevron is a global integrated oil and gas major organized into Upstream and Downstream segments, spanning crude oil and natural gas exploration, LNG processing and transport, refining, petrochemicals, and lubricants, with 43,039 full-time employees and a market capitalization of $409.31 billion at a current price of $205.52. The business quality is high: it generates $13.71 of free cash flow perβ¦
Palo Alto Networks is a global cybersecurity leader built around next-generation firewalls, the Panorama management platform, and a broad subscription portfolio spanning threat prevention, cloud security, secure access, and security analytics, sold to medium and large enterprises, service providers, and governments through direct and channel distribution. The business quality is genuinely high onβ¦
Accumulation Zones
| Metric |
CVX |
PANW |
| Zone Low |
$209.47 |
$266.33 |
| Zone High |
$237.40 |
$301.84 |
| In Buy Zone? |
Yes
|
No
|