Palo Alto Networks (NASDAQ:PANW) Trading Up 6.8% – Here’s What Happened

Posted by Brenda Bartman on Jul 14th, 2026

Palo Alto Networks, Inc. (NASDAQ:PANW – Get Free Report) shares were up 6.8% during mid-day trading on Tuesday . The company traded as high as $353.68 and last traded at $352.89. Approximately 5,970,690 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 9,256,544 shares. The stock had previously closed at $330.30.

More Palo Alto Networks News

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

Positive Sentiment: PANW is benefiting from a broad cybersecurity sector rally as investors rotate into high-multiple tech and security names after the latest inflation data eased rate-pressure concerns. CrowdStrike Climbs 11%, Palo Alto Rises 7% as Cybersecurity Stocks Rally on Cooling Inflation
Positive Sentiment: IBM’s warning about “rapidly-evolving” cybersecurity concerns has reinforced the idea that companies are prioritizing security spending, which is supporting PANW and peers. IBM Heads for Worst Day Ever — But Why Are Cybersecurity Stocks Up?
Positive Sentiment: Jim Cramer’s bullish comments calling Palo Alto “unbelievable” add to the constructive tone around the stock and may be helping sentiment. Jim Cramer Reveals Why Palo Alto Networks, Inc. (PANW) Is “Unbelievable”
Neutral Sentiment: Zacks highlighted PANW versus Zscaler and BlackBerry, but those pieces were mostly comparative and did not introduce a major new company-specific catalyst. PANW vs. ZS: Which Cybersecurity Stock Has an Edge Right Now?
Neutral Sentiment: Investor attention around PANW remained elevated, but the coverage was largely a reflection of recent momentum rather than a fresh fundamental update. Palo Alto Networks, Inc. (PANW) is Attracting Investor Attention: Here is What You Should Know
Negative Sentiment: Some analyst-style commentary pointed to rising integration costs at Palo Alto Networks, which could weigh on margins if sustained. PANW vs. ZS: Which Cybersecurity Stock Has an Edge Right Now?

Analysts Set New Price Targets

A number of research analysts recently issued reports on PANW shares. TD Cowen reiterated a “buy” rating and issued a $330.00 target price (up from $255.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Evercore reiterated an “outperform” rating and set a $415.00 target price on shares of Palo Alto Networks in a research report on Wednesday, July 8th. Truist Financial upped their target price on Palo Alto Networks from $275.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Scotiabank reiterated a “sector outperform” rating and set a $320.00 price target (up from $180.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, Capital One Financial boosted their price objective on shares of Palo Alto Networks from $168.00 to $248.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $319.96.

Read Our Latest Stock Report on PANW

Palo Alto Networks Stock Performance

The firm has a market cap of $287.61 billion, a price-to-earnings ratio of 289.25, a price-to-earnings-growth ratio of 12.10 and a beta of 0.91. The company has a fifty day moving average price of $277.09 and a two-hundred day moving average price of $207.76. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last posted its quarterly earnings results 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. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period in the previous year, the firm earned $0.37 earnings per share. Palo Alto Networks’s quarterly revenue was up 31.1% on a year-over-year basis. 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, equities research analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Insider Activity at Palo Alto Networks

In other news, CAO Josh D. Paul sold 1,100 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the transaction, the chief accounting officer directly owned 81,636 shares of the company’s stock, valued at $23,272,790.88. The trade was a 1.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John P. Key sold 7,500 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.24, for a total value of $2,094,300.00. Following the sale, the director owned 12,500 shares of the company’s stock, valued at approximately $3,490,500. The trade was a 37.50% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 101,239 shares of company stock valued at $27,174,360. Insiders own 1.40% of the company’s stock.

Institutional Trading of Palo Alto Networks

Institutional investors and hedge funds have recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new position in Palo Alto Networks in the 2nd quarter valued at approximately $25,000. Steph & Co. increased its position in shares of Palo Alto Networks by 88.2% during the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after acquiring an additional 67 shares in the last quarter. Knuff & Co LLC bought a new position in Palo Alto Networks during the 4th quarter valued at $26,000. Sittner & Nelson LLC boosted its stake in shares of 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 buying an additional 62 shares during the last quarter. Finally, Luken Investment Analytics LLC grew its position in Palo Alto Networks by 196.2% during the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after buying an additional 102 shares during the period. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Company Profile

(Get Free Report)

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.