Palo Alto Networks (NASDAQ:PANW) Given New $335.00 Price Target at BMO Capital Markets

Palo Alto Networks (NASDAQ:PANW) had its target price boosted by analysts at BMO Capital Markets from $270.00 to $335.00 in a research report issued on Wednesday. The firm presently has an “outperform” rating on the network technology company’s stock. BMO Capital Markets’ price objective suggests a potential upside of 12.73% from the stock’s current price.

Other analysts have also recently issued reports about the company. Citizens Jmp reissued a “market outperform” rating and set a $250.00 target price on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Jefferies Financial Group set a $300.00 price target on shares of Palo Alto Networks and gave the company a “buy” rating in a research note on Friday. Guggenheim cut shares of Palo Alto Networks from a “neutral” rating to a “reduce” rating in a report on Wednesday, May 27th. Mizuho raised their price objective on shares of Palo Alto Networks from $200.00 to $265.00 and gave the stock an “outperform” rating in a report on Monday, May 18th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Palo Alto Networks in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $250.33.

Palo Alto Networks Trading Down 1.1%

Shares of Palo Alto Networks stock opened at $297.18 on Wednesday. The stock’s fifty day simple moving average is $195.20 and its 200 day simple moving average is $184.31. The company has a market capitalization of $242.50 billion, a PE ratio of 164.19, a PEG ratio of 10.83 and a beta of 0.94. Palo Alto Networks has a 12 month low of $139.57 and a 12 month high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same period in the previous year, the firm earned $0.37 earnings per share. The company’s revenue 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. Analysts predict that Palo Alto Networks will post 2.14 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director John P. Key sold 1,572 shares of the business’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $173.32, for a total value of $272,459.04. Following the sale, the director owned 20,000 shares of the company’s stock, valued at $3,466,400. The trade was a 7.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Lee Klarich sold 62,904 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the transaction, the executive vice president owned 235,983 shares of the company’s stock, valued at $61,037,002.95. The trade was a 21.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 94,760 shares of company stock valued at $21,660,063 over the last 90 days. 1.40% of the stock is currently owned by company insiders.

Institutional Trading of Palo Alto Networks

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. CBIZ Investment Advisory Services LLC boosted its position in Palo Alto Networks by 39.7% during the third quarter. CBIZ Investment Advisory Services LLC now owns 176 shares of the network technology company’s stock valued at $36,000 after purchasing an additional 50 shares during the last quarter. Harold Davidson & Associates Inc. increased its position in shares of Palo Alto Networks by 5.0% during the 3rd quarter. Harold Davidson & Associates Inc. now owns 1,056 shares of the network technology company’s stock worth $215,000 after purchasing an additional 50 shares during the last quarter. Princeton Capital Management LLC raised its stake in shares of Palo Alto Networks by 3.4% during the 3rd quarter. Princeton Capital Management LLC now owns 1,520 shares of the network technology company’s stock worth $310,000 after purchasing an additional 50 shares in the last quarter. South Plains Financial Inc. boosted its holdings in shares of 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 valued at $982,000 after buying an additional 50 shares during the last quarter. Finally, Fayez Sarofim & Co boosted its holdings in shares of Palo Alto Networks by 1.2% in the 3rd quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock valued at $878,000 after buying an additional 50 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks News Roundup

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Palo Alto Networks beat fiscal Q3 estimates, reporting EPS of $0.85 versus $0.79 expected and revenue of $3.0 billion versus $2.94 billion expected, with sales up 31.1% year over year. Article Title
• Positive Sentiment: The company raised FY2026 and Q4 guidance well above Wall Street forecasts, reinforcing confidence in accelerating demand and stronger profitability ahead. Article Title
• Positive Sentiment: Management said AI-related security concerns are driving more customer engagement, with CEO Nikesh Arora saying meeting requests have surged as enterprises prepare for new AI risks. Article Title
• Positive Sentiment: Analyst sentiment also improved, with JPMorgan and Baird raising price targets to $300, which supports the view that the post-earnings rally may have more room if execution holds. Article Title
• Neutral Sentiment: Palo Alto also completed its acquisition of Portkey, an AI gateway provider, which could strengthen its AI-security platform over time, though the near-term financial impact is unclear. Article Title
• Negative Sentiment: An insider sale by the chief accounting officer may create a small overhang, but it appears minor compared with the company’s strong operating results. Article Title

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.