Palo Alto Networks (NASDAQ:PANW) Given New $415.00 Price Target at Susquehanna

Palo Alto Networks (NASDAQ:PANWGet Free Report) had its price target increased by equities research analysts at Susquehanna from $350.00 to $415.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm presently has a “positive” rating on the network technology company’s stock. Susquehanna’s target price points to a potential upside of 14.61% from the company’s current price.

Several other equities research analysts also recently weighed in on the company. Guggenheim restated a “neutral” rating on shares of Palo Alto Networks in a report on Wednesday. Needham & Company LLC reiterated a “buy” rating and issued a $425.00 price objective on shares of Palo Alto Networks in a research note on Wednesday. Sanford C. Bernstein restated an “outperform” rating and set a $253.00 target price on shares of Palo Alto Networks in a research note on Wednesday. FBN Securities reaffirmed an “outperform” rating on shares of Palo Alto Networks in a report on Wednesday, July 1st. Finally, Evercore reiterated an “outperform” rating on shares of Palo Alto Networks in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average target price of $374.04.

Read Our Latest Stock Report on Palo Alto Networks

Palo Alto Networks Price Performance

Shares of PANW opened at $362.09 on Wednesday. The company has a market cap of $295.10 billion, a P/E ratio of 296.80, a PEG ratio of 12.08 and a beta of 0.91. Palo Alto Networks has a fifty-two week low of $139.57 and a fifty-two week high of $398.88. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average price is $347.96 and its 200 day moving average price is $251.94.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last issued its quarterly earnings results on Tuesday, September 1st. The network technology company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.98 by $0.04. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter last year, the company posted $0.95 EPS. The firm’s revenue was up 34.5% compared to the same quarter last year. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. On average, research analysts forecast that Palo Alto Networks will post 2.01 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the sale, the director owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Helle Thorning-Schmidt sold 700 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $346.85, for a total value of $242,795.00. Following the sale, the director owned 5,898 shares of the company’s stock, valued at approximately $2,045,721.30. The trade was a 10.61% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 37,735 shares of company stock worth $10,814,266. 1.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Darwin Wealth Management LLC acquired a new stake in shares of Palo Alto Networks in the 2nd quarter valued at about $25,000. Knuff & Co LLC purchased a new position in Palo Alto Networks during the 4th quarter worth approximately $26,000. Solstein Capital LLC acquired a new position in Palo Alto Networks during the second quarter worth approximately $26,000. Sittner & Nelson LLC increased its position in Palo Alto Networks by 73.8% during the fourth 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 period. Finally, N.E.W. Advisory Services LLC purchased a new stake in Palo Alto Networks in the second quarter valued at approximately $27,000. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks News Roundup

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

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.

Read More

Analyst Recommendations for Palo Alto Networks (NASDAQ:PANW)

Receive News & Ratings for Palo Alto Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palo Alto Networks and related companies with MarketBeat.com's FREE daily email newsletter.