Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $230.00

Palo Alto Networks (NASDAQ:PANW) had its target price upped by Barclays from $215.00 to $230.00 in a research note issued to investors on Monday, Marketbeat reports. The brokerage currently has an overweight rating on the network technology company’s stock.

A number of other analysts have also weighed in on PANW. 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. Wedbush restated an “outperform” rating and set a $225.00 price target on shares of Palo Alto Networks in a report on Monday, September 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Palo Alto Networks in a research note on Wednesday, October 8th. Royal Bank Of Canada reissued an “outperform” rating and set a $232.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Finally, Truist Financial set a $220.00 target price on shares of Palo Alto Networks and gave the company a “buy” rating in a report on Tuesday, August 19th. Thirty investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $219.50.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $210.04 on Monday. The firm has a market capitalization of $143.66 billion, a PE ratio of 130.87, a price-to-earnings-growth ratio of 5.19 and a beta of 0.95. The firm’s 50-day moving average is $208.61 and its two-hundred day moving average is $196.84. Palo Alto Networks has a 1 year low of $144.15 and a 1 year high of $223.61.

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. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the firm posted $0.75 earnings per share. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Analysts expect that Palo Alto Networks will post 1.76 EPS for the current fiscal year.

Insider Activity at Palo Alto Networks

In related news, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the transaction, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at $56,119,152.78. This trade represents a 75.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $219.97, for a total transaction of $153,979.00. Following the completion of the sale, the chief accounting officer directly owned 47,505 shares of the company’s stock, valued at approximately $10,449,674.85. This trade represents a 1.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,215,830 shares of company stock worth $249,160,428 over the last 90 days. 2.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in PANW. Darwin Wealth Management LLC purchased a new position in shares of Palo Alto Networks during the second quarter worth approximately $25,000. Whipplewood Advisors LLC boosted its stake in Palo Alto Networks by 6,400.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after purchasing an additional 128 shares during the period. Briaud Financial Planning Inc purchased a new position in Palo Alto Networks during the 2nd quarter worth $28,000. Howard Hughes Medical Institute acquired a new position in Palo Alto Networks in the second quarter valued at $29,000. Finally, Winch Advisory Services LLC increased its stake in Palo Alto Networks by 96.1% in 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 period. Hedge funds and other 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.