Palo Alto Networks (NASDAQ:PANW) Given New $230.00 Price Target at UBS Group

Palo Alto Networks (NASDAQ:PANW) had its price target upped by stock analysts at UBS Group from $200.00 to $230.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the network technology company’s stock. UBS Group’s target price points to a potential upside of 11.66% from the company’s previous close.

Several other equities analysts have also issued reports on the company. New Street Research raised their price objective on Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Evercore ISI increased their price target on shares of Palo Alto Networks from $220.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday. Scotiabank lifted their target price on Palo Alto Networks from $225.00 to $228.00 and gave the company a “sector outperform” rating in a research note on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 price objective on shares of Palo Alto Networks and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Finally, KeyCorp downgraded shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. Thirty equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks currently has an average rating of “Moderate Buy” and a consensus target price of $220.92.

Palo Alto Networks Price Performance

NASDAQ:PANW traded down $4.06 during trading hours on Thursday, hitting $205.98. 1,930,218 shares of the company were exchanged, compared to its average volume of 6,128,861. The stock has a market capitalization of $140.88 billion, a price-to-earnings ratio of 128.24, a PEG ratio of 5.19 and a beta of 0.95. Palo Alto Networks has a 52-week low of $144.15 and a 52-week high of $223.61. The company’s 50 day moving average price is $208.61 and its 200-day moving average price is $196.84.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. The firm had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm’s revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, equities analysts predict that Palo Alto Networks will post 1.76 earnings per share for the current year.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the sale, the chief executive officer owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. This represents a 75.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $217.94, for a total value of $26,321,485.56. Following the sale, the executive vice president directly owned 356,409 shares of the company’s stock, valued at $77,675,777.46. This represents a 25.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,215,830 shares of company stock valued at $249,160,428. 2.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Palo Alto Networks

Several hedge funds have recently modified their holdings of the company. Darwin Wealth Management LLC bought a new stake in shares of Palo Alto Networks during the 2nd quarter worth $25,000. Whipplewood Advisors LLC grew its stake in Palo Alto Networks by 6,400.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after buying an additional 128 shares in the last quarter. Briaud Financial Planning Inc purchased a new stake in Palo Alto Networks during the 2nd quarter worth about $28,000. Howard Hughes Medical Institute purchased a new position in shares of Palo Alto Networks during the 2nd quarter valued at $29,000. Finally, Winch Advisory Services LLC raised its holdings in shares of Palo Alto Networks by 96.1% during the 3rd quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after buying an additional 73 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

About Palo Alto Networks

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.