PANW vs UNH: Which Is the Better Buy?

Side-by-side comparison of Palo Alto Networks, Inc. and UnitedHealth Group Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-22.
Palo Alto Networks, Inc. · Technology
$174.96
+15.2% upside to fair value
Grade B High Quality
VS
UnitedHealth Group Incorporated · Healthcare
$304.33
+41.3% upside to fair value
Med Conviction Grade B+
QuantHub Verdict
UNH has more upside to fair value (+41.3%). UNH trades at a lower forward P/E (15.1x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric PANW UNH
Current Price $174.96 $304.33
Fair Value Estimate $201.61 $430.00
Upside to Fair Value +15.2% +41.3%
Market Cap $119.2B $276.2B
Forward P/E 94.9x 15.1x
EV / EBITDA 52.4x 14.3x
Price / Sales 12.1x 0.6x
Price / FCF 29.3x 17.2x
Revenue Growth YoY +14.9% +11.8%
Gross Margin 73.5% 18.5%
Operating Margin 14.4% 4.2%
Return on Equity 15.5% 12.7%
Dividend Yield 0% 2.9%
FCF Yield 3.41% 5.82%
Analyst Consensus Strong Buy Buy
Investment Thesis
PANW — Palo Alto Networks, Inc.
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…
UNH — UnitedHealth Group Incorporated
UnitedHealth Group is the world's largest diversified healthcare company, combining the dominant US health insurer UnitedHealthcare with the high-margin Optum services platform spanning care delivery, pharmacy benefits, and data analytics. The stock has fallen roughly 49% from its 2024 peak of $596, driven by elevated medical costs, DOJ antitrust scrutiny, CEO transitions (Brian Thompson's murder…
Accumulation Zones
Metric PANW UNH
Zone Low $151.21 $280.00
Zone High $171.37 $340.00
In Buy Zone? No Yes
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