Palo Alto Networks (NASDAQ:PANW) Receives “Buy” Rating from BTIG Research

Palo Alto Networks (NASDAQ:PANW)‘s stock had its “buy” rating reissued by investment analysts at BTIG Research in a research note issued to investors on Wednesday, Marketbeat Ratings reports. They presently have a $380.00 target price on the network technology company’s stock. BTIG Research’s target price suggests a potential upside of 11.80% from the stock’s current price.

Other research analysts also recently issued reports about the company. Weiss Ratings downgraded Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Robert W. Baird set a $320.00 price objective on Palo Alto Networks in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. raised their price objective on Palo Alto Networks from $326.00 to $384.00 and gave the company an “overweight” rating in a research report on Tuesday. Morgan Stanley set a $400.00 target price on Palo Alto Networks in a research note on Monday, August 17th. Finally, Capital One Financial set a $421.00 target price on shares of Palo Alto Networks and gave the stock an “overweight” rating in a report on Thursday, July 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 given a Sell rating to the stock. According to MarketBeat, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $365.87.

Palo Alto Networks Stock Down 3.1%

Shares of NASDAQ:PANW opened at $339.90 on Wednesday. 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 business’s 50 day moving average is $339.90 and its 200 day moving average is $244.71. The stock has a market cap of $277.02 billion, a P/E ratio of 278.61, a price-to-earnings-growth ratio of 11.76 and a beta of 0.91. 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 quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.06. The firm had revenue of $3 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 31.1% on a year-over-year basis. During the same period in the previous year, the company 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. Sell-side analysts predict that Palo Alto Networks will post 2.02 EPS for the current year.

Insider Activity at Palo Alto Networks

In other news, Director James J. Goetz sold 20,000 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the sale, the director owned 20,000 shares in the company, valued at approximately $5,598,000. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the transaction, the executive vice president directly owned 145,250 shares of the company’s stock, valued at $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 37,935 shares of company stock worth $10,809,461 over the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Institutional Trading of Palo Alto Networks

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in shares of Palo Alto Networks in the second quarter worth about $25,000. Knuff & Co LLC purchased a new position in shares of Palo Alto Networks in the 4th quarter valued at about $26,000. Solstein Capital LLC purchased a new position in shares of Palo Alto Networks in the 2nd quarter valued at about $26,000. Sittner & Nelson LLC raised its holdings in Palo Alto Networks by 73.8% in 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, N.E.W. Advisory Services LLC acquired a new position in Palo Alto Networks in the 2nd quarter worth about $27,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Company Profile

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.