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

Palo Alto Networks (NASDAQ:PANW) had its price target raised by investment analysts at UBS Group from $200.00 to $230.00 in a note issued to investors 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 11.65% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Royal Bank Of Canada lifted their target price on shares of Palo Alto Networks from $232.00 to $250.00 and gave the stock an “outperform” rating in a research note on Wednesday. Needham & Company LLC restated a “buy” rating and issued a $230.00 target price on shares of Palo Alto Networks in a report on Wednesday, September 3rd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $223.00 price objective on shares of Palo Alto Networks in a research report on Friday, August 15th. KeyCorp cut shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. Finally, Bank of America raised their price target on Palo Alto Networks from $215.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. Thirty research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $220.92.

Palo Alto Networks Stock Down 1.9%

Shares of NASDAQ:PANW traded down $4.03 during midday trading on Thursday, reaching $206.01. The company’s stock had a trading volume of 1,930,218 shares, compared to its average volume of 6,128,861. The stock has a fifty day moving average of $208.61 and a 200 day moving average of $196.84. Palo Alto Networks has a twelve month low of $144.15 and a twelve month high of $223.61. The firm has a market capitalization of $140.91 billion, a PE ratio of 128.24, a P/E/G ratio of 5.19 and a beta of 0.95.

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

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Lee Klarich sold 120,774 shares of the company’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 transaction of $26,321,485.56. Following the sale, the executive vice president owned 356,409 shares in the company, valued at $77,675,777.46. This represents a 25.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the transaction, the executive vice president directly owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. This trade represents a 4.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,215,830 shares of company stock worth $249,160,428. 2.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Palo Alto Networks

Several institutional investors and hedge funds have recently added to or reduced their stakes in PANW. Darwin Wealth Management LLC purchased a new position in Palo Alto Networks during the second quarter worth about $25,000. Whipplewood Advisors LLC lifted its holdings 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 worth $27,000 after buying an additional 128 shares during the period. Briaud Financial Planning Inc bought a new position in Palo Alto Networks in the 2nd quarter worth $28,000. Howard Hughes Medical Institute bought a new stake in Palo Alto Networks during the 2nd quarter valued at approximately $29,000. Finally, Winch Advisory Services LLC lifted its holdings in shares of Palo Alto Networks by 96.1% during the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after purchasing an additional 73 shares during 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.