Palo Alto Networks (NASDAQ:PANW – Get Free Report) had its price objective lifted by analysts at Stephens from $205.00 to $215.00 in a report released on Thursday,MarketScreener reports. The firm currently has an “equal weight” rating on the network technology company’s stock. Stephens’ price objective points to a potential upside of 10.08% from the company’s current price.
A number of other research analysts have also weighed in on the company. Royal Bank Of Canada upped their price objective on Palo Alto Networks from $232.00 to $250.00 and gave the stock an “outperform” rating in a report on Wednesday, November 12th. Barclays lifted their price objective on Palo Alto Networks from $215.00 to $230.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. JMP Securities upped their target price on shares of Palo Alto Networks from $212.00 to $250.00 and gave the company a “market outperform” rating in a report on Monday, October 27th. KeyCorp lowered shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Finally, Morgan Stanley raised their target price on shares of Palo Alto Networks from $216.00 to $228.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Twenty-nine analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $224.93.
View Our Latest Stock Report on Palo Alto Networks
Palo Alto Networks Stock Performance
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last issued its quarterly earnings results on Wednesday, November 19th. The network technology company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.46 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business’s revenue was up 15.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.56 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.800-3.900 EPS. Q2 2026 guidance at 0.930-0.950 EPS. Equities research analysts expect that Palo Alto Networks will post 1.76 EPS for the current fiscal year.
Insider Transactions at Palo Alto Networks
In related news, CAO Josh D. Paul sold 700 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $219.97, for a total value of $153,979.00. Following the completion of the sale, the chief accounting officer directly owned 47,505 shares in the company, valued at approximately $10,449,674.85. This represents a 1.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total value 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 1,215,130 shares of company stock valued at $249,031,488. 1.40% of the stock is currently owned by company insiders.
Institutional Trading of Palo Alto Networks
A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Palo Alto Networks by 2.0% in the 3rd quarter. Vanguard Group Inc. now owns 65,269,963 shares of the network technology company’s stock worth $13,290,270,000 after buying an additional 1,253,589 shares in the last quarter. State Street Corp boosted its holdings in Palo Alto Networks by 1.7% in the third quarter. State Street Corp now owns 29,736,916 shares of the network technology company’s stock valued at $6,055,031,000 after purchasing an additional 505,924 shares during the last quarter. Geode Capital Management LLC increased its holdings in Palo Alto Networks by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 15,174,029 shares of the network technology company’s stock worth $3,093,262,000 after purchasing an additional 169,055 shares during the last quarter. Northern Trust Corp raised its position in shares of Palo Alto Networks by 0.5% in the 3rd quarter. Northern Trust Corp now owns 7,528,248 shares of the network technology company’s stock valued at $1,532,902,000 after purchasing an additional 36,511 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Palo Alto Networks by 41.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock valued at $1,234,650,000 after buying an additional 2,134,735 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.
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.
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