Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $425.00

Palo Alto Networks (NASDAQ:PANW) had its price objective increased by Cantor Fitzgerald from $340.00 to $425.00 in a report published on Wednesday, MarketBeat reports. The firm currently has an overweight rating on the network technology company’s stock.

A number of other brokerages have also issued reports on PANW. BNP Paribas Exane increased their price objective on shares of Palo Alto Networks from $330.00 to $380.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Wolfe Research reissued an “outperform” rating and issued a $320.00 target price on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Scotiabank restated a “sector outperform” rating and set a $320.00 target price (up from $180.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Citizens Jmp raised their target price on shares of Palo Alto Networks from $320.00 to $415.00 and gave the company a “market outperform” rating in a research note on Wednesday, August 12th. Finally, William Blair reiterated an “outperform” rating on shares of Palo Alto Networks in a report on Tuesday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average target price of $362.67.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $358.04 on Wednesday. The company has a market capitalization of $291.80 billion, a price-to-earnings ratio of 293.48, a PEG ratio of 11.74 and a beta of 0.91. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The stock’s 50-day simple moving average is $337.38 and its 200-day simple moving average is $241.72. Palo Alto Networks has a 52 week low of $139.57 and a 52 week high of $398.88.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (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 return on equity of 10.53% and a net margin of 7.95%.The firm’s revenue was up 31.1% on a year-over-year basis. During the same quarter last year, the business posted $0.37 earnings per share. 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, analysts expect that Palo Alto Networks will post 2.02 earnings per share for the current fiscal year.

Insider Activity at Palo Alto Networks

In other news, CAO Josh D. Paul sold 900 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $345.00, for a total value of $310,500.00. Following the sale, the chief accounting officer directly owned 79,644 shares in the company, valued at $27,477,180. The trade was a 1.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Aparna Bawa sold 290 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total transaction of $101,134.60. Following the completion of the transaction, the director directly owned 6,437 shares of the company’s stock, valued at approximately $2,244,839.38. The trade was a 4.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 37,935 shares of company stock valued at $10,809,461 over the last quarter. 1.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Palo Alto Networks

Several institutional investors have recently modified their holdings of PANW. Solstein Capital LLC purchased a new position in Palo Alto Networks during the second quarter worth $26,000. N.E.W. Advisory Services LLC bought a new position in Palo Alto Networks during the second quarter valued at $27,000. Delos Wealth Advisors LLC purchased a new stake in shares of Palo Alto Networks in the second quarter valued at $28,000. EMC Capital Management purchased a new stake in shares of Palo Alto Networks in the second quarter valued at $34,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of Palo Alto Networks in the 2nd quarter worth about $36,000. 79.82% of the stock is owned by institutional investors.

About Palo Alto Networks

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.