Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $340.00

Palo Alto Networks (NASDAQ:PANW) had its price target hoisted by equities research analysts at Benchmark from $270.00 to $340.00 in a report released on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the network technology company’s stock. Benchmark’s price target points to a potential upside of 14.41% from the company’s previous close.

PANW has been the subject of a number of other reports. Rosenblatt Securities lifted their price target on shares of Palo Alto Networks from $225.00 to $275.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Citigroup reissued a “market outperform” rating on shares of Palo Alto Networks in a research report on Wednesday. Susquehanna decreased their target price on shares of Palo Alto Networks from $230.00 to $200.00 and set a “positive” rating on the stock in a research report on Wednesday, February 18th. TD Cowen reissued a “buy” rating on shares of Palo Alto Networks in a research report on Wednesday. Finally, Loop Capital decreased their target price on shares of Palo Alto Networks from $190.00 to $160.00 and set a “hold” rating on the stock in a research report on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $251.95.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $297.18 on Wednesday. The company has a market cap of $242.50 billion, a PE ratio of 164.19, a price-to-earnings-growth ratio of 10.83 and a beta of 0.94. Palo Alto Networks has a 12 month low of $139.57 and a 12 month high of $302.95. The company has a 50-day simple moving average of $195.20 and a 200-day simple moving average of $184.31.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The company’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same period in the previous year, the firm 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. On average, analysts anticipate that Palo Alto Networks will post 2.14 EPS for the current year.

Insider Activity at Palo Alto Networks

In other news, Director John P. Key sold 1,572 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $173.32, for a total transaction of $272,459.04. Following the sale, the director owned 20,000 shares in the company, valued at $3,466,400. This trade represents a 7.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total transaction of $802,100.00. Following the sale, the executive vice president owned 150,250 shares in the company, valued at $24,103,105. This represents a 3.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 94,760 shares of company stock valued at $21,660,063. 1.40% of the stock is currently owned by corporate insiders.

Institutional Trading of Palo Alto Networks

Hedge funds and other institutional investors have recently made changes to their positions in the stock. First Nebraska Trust Co bought a new stake in Palo Alto Networks during the first quarter valued at $534,000. Foguth Wealth Management LLC. bought a new stake in Palo Alto Networks during the first quarter valued at $168,000. Financial Solutions Advisory Group Inc. bought a new stake in Palo Alto Networks during the first quarter valued at $296,000. Integrated Investment Consultants LLC increased its stake in Palo Alto Networks by 4.8% during the first quarter. Integrated Investment Consultants LLC now owns 2,188 shares of the network technology company’s stock valued at $351,000 after purchasing an additional 100 shares during the last quarter. Finally, Blue Fin Capital Inc. increased its stake in Palo Alto Networks by 11.2% during the first quarter. Blue Fin Capital Inc. now owns 2,536 shares of the network technology company’s stock valued at $407,000 after purchasing an additional 255 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Key Palo Alto Networks News

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

• Positive Sentiment: Palo Alto Networks beat fiscal Q3 estimates, reporting EPS of $0.85 versus $0.79 expected and revenue of $3.0 billion versus $2.94 billion expected, with sales up 31.1% year over year. Article Title
• Positive Sentiment: The company raised FY2026 and Q4 guidance well above Wall Street forecasts, reinforcing confidence in accelerating demand and stronger profitability ahead. Article Title
• Positive Sentiment: Management said AI-related security concerns are driving more customer engagement, with CEO Nikesh Arora saying meeting requests have surged as enterprises prepare for new AI risks. Article Title
• Positive Sentiment: Analyst sentiment also improved, with JPMorgan and Baird raising price targets to $300, which supports the view that the post-earnings rally may have more room if execution holds. Article Title
• Neutral Sentiment: Palo Alto also completed its acquisition of Portkey, an AI gateway provider, which could strengthen its AI-security platform over time, though the near-term financial impact is unclear. Article Title
• Negative Sentiment: An insider sale by the chief accounting officer may create a small overhang, but it appears minor compared with the company’s strong operating results. Article Title

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.