Weekly Research Analysts’ Ratings Changes for Palo Alto Networks (PANW)

Several brokerages have updated their recommendations and price targets on shares of Palo Alto Networks (NASDAQ: PANW) in the last few weeks:

• 5/27/2026 – Palo Alto Networks was downgraded by Guggenheim from “neutral” to “reduce”.
• 5/27/2026 – Palo Alto Networks was given a new $290.00 price target by Berenberg Bank.
• 5/26/2026 – Palo Alto Networks had its price target raised by Evercore Inc from $250.00 to $320.00. They now have an “outperform” rating on the stock.
• 5/26/2026 – Palo Alto Networks had its price target raised by BTIG Research from $216.00 to $268.00. They now have a “buy” rating on the stock.
• 5/22/2026 – Palo Alto Networks had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 5/21/2026 – Palo Alto Networks had its price target raised by Wells Fargo & Company from $235.00 to $285.00. They now have an “overweight” rating on the stock.
• 5/20/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $285.00 price target on the stock.
• 5/20/2026 – Palo Alto Networks had its price target raised by BMO Capital Markets from $200.00 to $270.00. They now have an “outperform” rating on the stock.
• 5/20/2026 – Palo Alto Networks had its price target raised by Morgan Stanley from $223.00 to $253.00. They now have an “overweight” rating on the stock.
• 5/20/2026 – Palo Alto Networks had its price target raised by Stifel Nicolaus from $185.00 to $275.00. They now have a “buy” rating on the stock.
• 5/19/2026 – Palo Alto Networks had its price target raised by Capital One Financial Corporation from $168.00 to $248.00. They now have an “equal weight” rating on the stock.
• 5/19/2026 – Palo Alto Networks had its price target raised by Truist Financial Corporation from $200.00 to $275.00. They now have a “buy” rating on the stock.
• 5/18/2026 – Palo Alto Networks had its price target raised by Mizuho from $200.00 to $265.00. They now have an “outperform” rating on the stock.
• 5/18/2026 – Palo Alto Networks had its price target raised by Rosenblatt Securities from $225.00 to $275.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Palo Alto Networks had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $275.00 price target on the stock, up from $245.00.
• 5/15/2026 – Palo Alto Networks had its price target raised by Royal Bank Of Canada from $220.00 to $255.00. They now have an “outperform” rating on the stock.
• 5/14/2026 – Palo Alto Networks had its “buy” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $265.00 price target on the stock.
• 5/14/2026 – Palo Alto Networks had its price target raised by Robert W. Baird from $220.00 to $265.00. They now have an “outperform” rating on the stock.
• 5/11/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Barclays PLC. They now have a $220.00 price target on the stock, up from $200.00.
• 5/6/2026 – Palo Alto Networks had its “buy” rating reaffirmed by Truist Financial Corporation. They now have a $220.00 price target on the stock, up from $205.00.
• 5/6/2026 – Palo Alto Networks had its price target raised by BTIG Research from $200.00 to $216.00. They now have a “buy” rating on the stock.
• 5/5/2026 – Palo Alto Networks had its price target raised by Wells Fargo & Company from $200.00 to $235.00. They now have an “overweight” rating on the stock.
• 4/21/2026 – Palo Alto Networks was given a new $215.00 price target by Berenberg Bank. They now have a “buy” rating on the stock.
• 4/20/2026 – Palo Alto Networks was upgraded by Berenberg Bank to “strong-buy”.
• 4/1/2026 – Palo Alto Networks is now covered by Benchmark Co.. They set a “buy” rating and a $200.00 price target on the stock.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, Director James J. Goetz sold 22,684 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $164.41, for a total transaction of $3,729,476.44. Following the transaction, the director owned 52,500 shares in the company, valued at $8,631,525. This trade represents a 30.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Nikesh Arora acquired 68,085 shares of the stock in a transaction on Friday, March 27th. The shares were bought at an average price of $146.87 per share, for a total transaction of $9,999,643.95. Following the purchase, the chief executive officer owned 343,394 shares in the company, valued at approximately $50,434,276.78. This trade represents a 24.73% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold 30,756 shares of company stock valued at $5,076,355 in the last 90 days. Corporate insiders own 1.40% of the company’s stock.

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.