BTIG Research Issues Positive Forecast for Palo Alto Networks (NASDAQ:PANW) Stock Price

Posted by Mitch Edgeman on Jun 30th, 2026

Palo Alto Networks (NASDAQ:PANW – Get Free Report) had its price target raised by stock analysts at BTIG Research from $333.00 to $380.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the network technology company’s stock. BTIG Research’s target price points to a potential upside of 11.43% from the company’s current price.

A number of other equities research analysts also recently commented on the company. Robert W. Baird set a $320.00 price objective on Palo Alto Networks in a research report on Wednesday, June 3rd. Needham & Company LLC increased their target price on Palo Alto Networks from $200.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Morgan Stanley raised their price target on Palo Alto Networks from $253.00 to $320.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. UBS Group set a $300.00 price target on Palo Alto Networks and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Finally, Oppenheimer increased their price objective on shares of Palo Alto Networks from $275.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus target price of $313.00.

View Our Latest Stock Report on Palo Alto Networks

Palo Alto Networks Trading Up 2.7%

Shares of PANW traded up $9.02 on Tuesday, hitting $341.02. 9,537,018 shares of the stock traded hands, compared to its average volume of 9,400,347. Palo Alto Networks has a 1 year low of $139.57 and a 1 year high of $342.48. The stock’s 50 day moving average is $244.52 and its two-hundred day moving average is $197.08. The firm has a market capitalization of $277.93 billion, a P/E ratio of 279.52, a P/E/G ratio of 11.30 and a beta of 0.94. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.79 by $0.06. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. Palo Alto Networks’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.37 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. As a group, sell-side analysts predict that Palo Alto Networks will post 2.03 earnings per share for the current year.

Insider Activity at Palo Alto Networks

In other news, Director Aparna Bawa sold 345 shares of the firm’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $290.17, for a total value of $100,108.65. Following the transaction, the director directly owned 7,359 shares in the company, valued at $2,135,361.03. This trade represents a 4.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of the transaction, the director directly owned 20,000 shares in the company, valued at $5,598,000. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 106,389 shares of company stock valued at $27,570,630 over the last three months. Insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PANW. Darwin Wealth Management LLC acquired a new stake in shares of Palo Alto Networks in the second quarter worth $25,000. Knuff & Co LLC acquired a new position in shares of Palo Alto Networks during the 4th quarter valued at $26,000. Steph & Co. boosted its position in Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after purchasing an additional 67 shares during the period. Sittner & Nelson LLC boosted its position in Palo Alto Networks by 73.8% during the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after purchasing an additional 62 shares during the period. Finally, Winch Advisory Services LLC increased its holdings in Palo Alto Networks by 96.1% in the 3rd quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after purchasing an additional 73 shares in the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Palo Alto Networks

Here are the key news stories impacting Palo Alto Networks this week:

Positive Sentiment: Wells Fargo raised its price target on Palo Alto Networks to $355 from $165 and reiterated a Buy rating, signaling growing confidence in the company’s growth outlook. Palo Alto Networks (PANW) Gets Massive Upward Price Target Revisions, Here’s Why PANW Stock Should Be In Your Portfolio
Positive Sentiment: Arete Research also boosted its price target sharply to $433 from $185 and maintained a Buy rating, adding to the bullish analyst momentum. MarketScreener
Positive Sentiment: Investors are bidding up PANW as cybersecurity demand remains strong, with articles highlighting the company as a beneficiary of the AI boom and a leader in the broader cybersecurity rally. PANW stock is surging amid cybersecurity demand, but key risks remain
Neutral Sentiment: Market commentary notes that Palo Alto Networks is being viewed as a relatively safe way to play AI-related enterprise security spending, while strategic partnerships are seen as a way to strengthen its AI security platform. Can Strategic Partnerships Strengthen PANW’s AI Security Platform?
Neutral Sentiment: Some reports also point out that PANW’s sharp run-up has pushed valuation much higher, so investors are watching whether the cybersecurity rally can justify the stock’s elevated multiples. Palo Alto Networks Surges 9%, CrowdStrike Rises 7%, Okta Gains 5%: Can the Cybersecurity Rally Justify Its Valuations?

About Palo Alto Networks

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Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.