Palo Alto Networks (NASDAQ:PANW – Get Free Report) had its price target upped by research analysts at BNP Paribas Exane from $330.00 to $380.00 in a note issued to investors on Wednesday,MarketScreener reports. The firm presently has an “outperform” rating on the network technology company’s stock. BNP Paribas Exane’s price objective points to a potential upside of 11.43% from the company’s previous close.
Other equities research analysts also recently issued reports about the company. BMO Capital Markets boosted their price target on Palo Alto Networks from $270.00 to $335.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. UBS Group set a $300.00 price target on Palo Alto Networks and gave the company a “neutral” rating in a research note on Wednesday, June 3rd. Rosenblatt Securities lifted their price objective on Palo Alto Networks from $275.00 to $355.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Susquehanna reaffirmed a “positive” rating and set a $350.00 price objective (up from $200.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, Stephens increased their target price on shares of Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $316.15.
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Palo Alto Networks Price Performance
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping the consensus estimate 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 company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the previous year, the firm posted $0.37 earnings per share. The firm’s revenue for the quarter 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, sell-side analysts forecast that Palo Alto Networks will post 2.03 EPS for the current fiscal year.
Insider Activity
In other news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total value of $1,447,800.00. Following the completion of the sale, the executive vice president directly owned 145,250 shares of the company’s stock, valued at $42,058,590. This represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James J. Goetz sold 20,000 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $279.90, for a total value of $5,598,000.00. Following the sale, the director owned 20,000 shares in the company, valued at approximately $5,598,000. The trade was a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 100,289 shares of company stock valued at $26,590,990. 1.40% of the stock is owned by company insiders.
Hedge Funds Weigh In On Palo Alto Networks
Several hedge funds and other institutional investors have recently bought and sold shares of PANW. South Plains Financial Inc. lifted its holdings in Palo Alto Networks by 1.0% in the 3rd quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock worth $982,000 after purchasing an additional 50 shares in the last quarter. Fayez Sarofim & Co raised its holdings in shares of Palo Alto Networks by 1.2% during the third quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock worth $878,000 after purchasing an additional 50 shares during the last quarter. Certified Advisory Corp raised its position in Palo Alto Networks by 0.3% during the third quarter. Certified Advisory Corp now owns 16,938 shares of the network technology company’s stock worth $3,449,000 after acquiring an additional 51 shares during the period. GSG Advisors LLC lifted its position in Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,536 shares of the network technology company’s stock worth $2,010,000 after buying an additional 51 shares in the last quarter. Finally, Cooper Financial Group increased its holdings in Palo Alto Networks by 1.3% in the 4th quarter. Cooper Financial Group now owns 4,227 shares of the network technology company’s stock valued at $779,000 after purchasing an additional 53 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.
Key Palo Alto Networks News
Here are the key news stories impacting Palo Alto Networks this week:
- Positive Sentiment: BTIG Research raised its price target on Palo Alto Networks to $380 from $333 and kept a Buy rating, reinforcing optimism that the stock can still move higher. Benzinga
- Positive Sentiment: Wells Fargo and Arete Research both issued major upward target revisions, with Arete lifting its target to $433 from $185, reflecting strong confidence in PANW’s growth outlook. MarketScreener
- Positive Sentiment: Recent articles highlight momentum in AI security and observability, with analysts reaffirming positive ratings after Palo Alto Networks’ strong fiscal Q3 2026 revenue and ARR beats. Yahoo Finance
- Positive Sentiment: The broader cybersecurity group has rallied, and PANW has been one of the leaders as investors bet that AI growth will drive more demand for security tools. 247WallSt
- Neutral Sentiment: Coverage also noted that strategic partnerships could strengthen PANW’s AI security platform and expand its reach into regulated industries, supporting the long-term story. Zacks
- Negative Sentiment: Some commentary warns that the stock’s sharp run-up has pushed valuations very high, which could limit upside or increase volatility if expectations cool. Invezz
About Palo Alto Networks
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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