Brokerages Set Palo Alto Networks, Inc. (NASDAQ:PANW) Target Price at $304.22

Shares of Palo Alto Networks, Inc. (NASDAQ:PANWGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the forty-eight research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, thirty-seven have given a buy rating and two have given a strong buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $306.5870.

A number of brokerages recently commented on PANW. Capital One Financial upped their price target 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. Rosenblatt Securities upped their price target on shares of Palo Alto Networks from $275.00 to $355.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Stephens upped their price target on shares of Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 3rd. Piper Sandler reiterated an “overweight” rating and issued a $345.00 price target (up from $265.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Citizens Jmp reiterated a “market outperform” rating and issued a $250.00 price target on shares of Palo Alto Networks in a research note on Wednesday, February 18th.

Get Our Latest Report on PANW

Insider Activity

In other Palo Alto Networks news, CAO Josh D. Paul sold 1,100 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $161.40, for a total transaction of $177,540.00. Following the transaction, the chief accounting officer owned 83,136 shares in the company, valued at $13,418,150.40. This represents a 1.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total transaction of $802,100.00. Following the transaction, the executive vice president owned 150,250 shares in the company, valued at approximately $24,103,105. The trade was a 3.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 72,076 shares of company stock worth $17,930,587. Insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Westfield Capital Management Co. LP bought a new position in Palo Alto Networks during the third quarter worth $75,412,000. Peapack Gladstone Financial Corp raised its stake in Palo Alto Networks by 8.8% during the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after buying an additional 3,926 shares during the last quarter. American Century Companies Inc. raised its stake in Palo Alto Networks by 134.1% during the third quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock worth $136,859,000 after buying an additional 384,985 shares during the last quarter. US Bancorp DE raised its stake in Palo Alto Networks by 0.6% during the third quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock worth $277,828,000 after buying an additional 8,344 shares during the last quarter. Finally, Generali Investments Management Co LLC raised its stake in Palo Alto Networks by 38.4% during the third quarter. Generali Investments Management Co LLC now owns 54,401 shares of the network technology company’s stock worth $11,077,000 after buying an additional 15,091 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Stock Down 2.1%

Shares of PANW opened at $266.33 on Thursday. Palo Alto Networks has a 52 week low of $139.57 and a 52 week high of $302.95. The firm has a market cap of $217.06 billion, a P/E ratio of 218.30, a price-to-earnings-growth ratio of 9.55 and a beta of 0.94. The firm’s 50-day simple moving average is $207.23 and its 200 day simple moving average is $186.93. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last announced its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the prior year, the business earned $0.37 EPS. 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. On average, analysts forecast that Palo Alto Networks will post 2.15 earnings per share for the current year.

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.

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