Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $250.00

Palo Alto Networks (NASDAQ:PANW) had its price target lifted by Evercore ISI from $220.00 to $250.00 in a report issued on Thursday,Benzinga reports. They currently have an outperform rating on the network technology company’s stock.

Several other research firms have also recently weighed in on PANW. DA Davidson restated a “buy” rating and issued a $215.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Mizuho raised their price target on shares of Palo Alto Networks from $210.00 to $220.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the stock an “outperform” rating in a research note on Tuesday, August 19th. Stephens restated an “equal weight” rating and set a $205.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, UBS Group set a $250.00 price target on Palo Alto Networks in a research report on Tuesday. Twenty-nine 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $221.52.

Palo Alto Networks Trading Up 0.2%

NASDAQ PANW opened at $205.25 on Thursday. Palo Alto Networks has a 1 year low of $144.15 and a 1 year high of $223.61. The company has a market cap of $140.39 billion, a PE ratio of 127.88, a PEG ratio of 4.88 and a beta of 0.95. The stock’s 50-day moving average price is $209.07 and its two-hundred day moving average price is $197.13.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The firm 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 company’s revenue was up 15.8% compared to the same quarter last year. During the same period 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. Research analysts forecast that Palo Alto Networks will post 1.76 EPS for the current fiscal year.

Insider Activity

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction 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 transaction, the chief executive officer owned 275,013 shares in the company, valued at approximately $56,119,152.78. This represents a 75.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the transaction, the executive vice president owned 177,954 shares of the company’s stock, valued at $34,008,788.94. This represents a 40.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,215,830 shares of company stock worth $249,160,428 in the last three months. Corporate insiders own 2.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks during the 2nd quarter valued at $25,000. Whipplewood Advisors LLC lifted its holdings 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 in the last quarter. Briaud Financial Planning Inc bought a new position in shares of Palo Alto Networks in the second quarter valued at approximately $28,000. Howard Hughes Medical Institute bought a new stake in Palo Alto Networks during the second quarter valued at $29,000. Finally, Winch Advisory Services LLC grew its position 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 worth $30,000 after acquiring an additional 73 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Palo Alto Networks Company Profile

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.