Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $375.00 at Truist Financial

Palo Alto Networks (NASDAQ:PANW) had its target price lifted by equities research analysts at Truist Financial from $275.00 to $375.00 in a report released on Wednesday,MarketScreener reports. The brokerage currently has a “buy” rating on the network technology company’s stock. Truist Financial’s price objective points to a potential upside of 26.19% from the stock’s previous close.

PANW has been the topic of a number of other reports. Guggenheim downgraded Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research note on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft increased their target price on Palo Alto Networks from $220.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday. Wedbush boosted their price target on Palo Alto Networks from $225.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, May 27th. Berenberg Bank set a $290.00 price target on shares of Palo Alto Networks in a research report on Wednesday, May 27th. Finally, Sanford C. Bernstein set a $209.00 price objective on shares of Palo Alto Networks and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $283.02.

Palo Alto Networks Stock Down 1.1%

Shares of NASDAQ PANW opened at $297.18 on Wednesday. The firm’s 50-day moving average price is $195.20 and its 200-day moving average price is $184.31. Palo Alto Networks has a 52-week low of $139.57 and a 52-week high of $302.95. The company has a market cap 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 (NASDAQ:PANW) last issued its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the prior year, the firm earned $0.37 earnings per share. The firm’s revenue for the quarter was up 31.1% compared to the same quarter last year. 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. As a group, equities research analysts anticipate that Palo Alto Networks will post 2.14 EPS for the current fiscal year.

Insider Buying and Selling

In other Palo Alto Networks news, Director John P. Key sold 1,572 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $173.32, for a total transaction of $272,459.04. Following the sale, the director owned 20,000 shares in the company, valued at approximately $3,466,400. This trade represents a 7.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total transaction of $802,100.00. Following the transaction, the executive vice president directly owned 150,250 shares in the company, valued at $24,103,105. This represents a 3.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 94,760 shares of company stock worth $21,660,063 in the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC lifted its position in shares of Palo Alto Networks by 39.7% in the third quarter. CBIZ Investment Advisory Services LLC now owns 176 shares of the network technology company’s stock valued at $36,000 after acquiring an additional 50 shares in the last quarter. Harold Davidson & Associates Inc. grew its position in shares of Palo Alto Networks by 5.0% during the third 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 in the last quarter. Princeton Capital Management LLC raised its stake in 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 valued at $310,000 after purchasing an additional 50 shares during the period. South Plains Financial Inc. raised its stake in Palo Alto Networks by 1.0% during the 3rd quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock valued at $982,000 after purchasing an additional 50 shares during the period. Finally, Fayez Sarofim & Co lifted its holdings in 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 worth $878,000 after purchasing an additional 50 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

More Palo Alto Networks News

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

• Positive Sentiment: Palo Alto Networks delivered a solid earnings beat, reporting EPS of $0.85 versus $0.79 expected on revenue of $3.0 billion versus $2.94 billion expected, with sales up 31.1% year over year. Article Title
• Positive Sentiment: Management lifted FY2026 and Q4 guidance above Wall Street forecasts, signaling stronger demand and better profitability ahead. Article Title
• Positive Sentiment: CEO Nikesh Arora said AI-related security concerns are driving more customer meetings and broader enterprise interest in Palo Alto’s platform, which supports the bull case for long-term growth. Article Title
• Positive Sentiment: Analysts turned more constructive after the results, with multiple firms raising price targets, including Needham, DA Davidson, Benchmark, BMO Capital, BTIG, Stephens, Loop Capital, and JPMorgan, reflecting improved confidence in PANW’s outlook. Article Title
• Neutral Sentiment: Loop Capital raised its price target to $290 but kept a “hold” rating, which suggests some upside has already been priced in after the stock’s sharp rally. Article Title
• Negative Sentiment: A small insider sale by the chief accounting officer may add a bit of headline pressure, though it is modest relative to the company’s recent strength. Article Title

Palo Alto Networks Company Profile

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.