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

Palo Alto Networks (NASDAQ:PANWGet Free Report) had its price target boosted by equities research analysts at Cantor Fitzgerald from $340.00 to $425.00 in a note issued to investors on Wednesday, Marketbeat reports. The firm currently has an “overweight” rating on the network technology company’s stock. Cantor Fitzgerald’s target price would indicate a potential upside of 13.59% from the stock’s previous close.

PANW has been the subject of a number of other research reports. BNP Paribas Exane raised their price target on shares of Palo Alto Networks from $330.00 to $380.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Loop Capital upped their price objective on Palo Alto Networks from $160.00 to $290.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Needham & Company LLC increased their target price on Palo Alto Networks from $350.00 to $425.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. DA Davidson raised their target price on Palo Alto Networks from $190.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Finally, Morgan Stanley set a $400.00 price target on Palo Alto Networks in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $355.11.

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Palo Alto Networks Price Performance

Shares of PANW stock opened at $374.14 on Wednesday. Palo Alto Networks has a 12 month low of $139.57 and a 12 month high of $398.88. The company has a market capitalization of $304.92 billion, a P/E ratio of 306.67, a P/E/G ratio of 12.89 and a beta of 0.91. The stock has a 50 day moving average of $332.48 and a two-hundred day moving average of $238.39. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last issued 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. 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 during the quarter, compared to analysts’ expectations of $2.94 billion. During the same period last year, the business earned $0.37 earnings per share. Palo Alto Networks’s quarterly revenue was up 31.1% compared to the same quarter last year. 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 analysts expect that Palo Alto Networks will post 2.02 EPS for the current year.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total value of $1,447,800.00. Following the sale, the executive vice president owned 145,250 shares in the company, valued at $42,058,590. The trade was a 3.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 100,839 shares of company stock worth $27,079,580. 1.40% of the stock is owned by company insiders.

Institutional Trading of Palo Alto Networks

Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in Palo Alto Networks during the 2nd quarter valued at about $25,833,462,000. Norges Bank acquired a new stake in Palo Alto Networks during the 4th quarter worth $1,415,364,000. Legal & General Group Plc acquired a new stake in shares of Palo Alto Networks during the second quarter worth about $1,968,304,000. Bank of New York Mellon Corp bought a new position in Palo Alto Networks in the second quarter valued at approximately $1,569,755,000. Finally, Deutsche Bank AG bought a new stake in Palo Alto Networks in the 2nd quarter valued at $1,481,236,000. 79.82% of the stock is owned by institutional investors.

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.

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Analyst Recommendations for Palo Alto Networks (NASDAQ:PANW)

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