Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $135.00 at Guggenheim

Palo Alto Networks (NASDAQ:PANW) had its target price increased by Guggenheim from $130.00 to $135.00 in a research note released on Tuesday morning,Benzinga reports. They currently have a sell rating on the network technology company’s stock.

Several other equities research analysts have also issued reports on PANW. KeyCorp lowered Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. Wells Fargo & Company lifted their price target on Palo Alto Networks from $225.00 to $235.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 21st. Piper Sandler raised Palo Alto Networks from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $200.00 to $225.00 in a research note on Tuesday, August 12th. Rosenblatt Securities dropped their target price on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a report on Thursday, August 14th. Finally, Roth Capital initiated coverage on Palo Alto Networks in a report on Thursday, May 15th. They set a “neutral” rating and a $210.00 target price for the company. Twenty-eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $218.86.

Palo Alto Networks Stock Up 3.1%

Shares of PANW stock opened at $181.56 on Tuesday. The business has a 50-day moving average price of $191.31 and a two-hundred day moving average price of $186.32. Palo Alto Networks has a 12-month low of $144.15 and a 12-month high of $210.39. The firm has a market cap of $121.06 billion, a P/E ratio of 113.12, a price-to-earnings-growth ratio of 4.33 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a return on equity of 18.55% and a net margin of 12.30%.The firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the previous year, the company posted $0.75 earnings per share. The company’s revenue was up 15.8% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. As a group, research analysts expect that Palo Alto Networks will post 1.76 EPS for the current fiscal year.

Insiders Place Their Bets

In other Palo Alto Networks news, EVP Nir Zuk sold 100,000 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the sale, the executive vice president owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Lee Klarich sold 120,774 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $171.58, for a total value of $20,722,402.92. Following the completion of the sale, the executive vice president owned 206,718 shares of the company’s stock, valued at approximately $35,468,674.44. This trade represents a 36.88% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 669,248 shares of company stock worth $126,423,337. Insiders own 2.50% of the company’s stock.

Institutional Investors Weigh In On Palo Alto Networks

Several institutional investors and hedge funds have recently bought and sold shares of the business. B. Riley Wealth Advisors Inc. purchased a new stake in Palo Alto Networks in the 2nd quarter worth approximately $12,874,000. Marex Group plc bought a new position in shares of Palo Alto Networks in the 2nd quarter worth approximately $395,000. State of Wyoming lifted its stake in shares of Palo Alto Networks by 79.1% in the 2nd quarter. State of Wyoming now owns 641 shares of the network technology company’s stock valued at $131,000 after purchasing an additional 283 shares during the period. Asset Dedication LLC lifted its stake in shares of Palo Alto Networks by 2.0% in the 2nd quarter. Asset Dedication LLC now owns 3,117 shares of the network technology company’s stock valued at $638,000 after purchasing an additional 62 shares during the period. Finally, Hohimer Wealth Management LLC lifted its stake in shares of Palo Alto Networks by 2.6% in the 2nd quarter. Hohimer Wealth Management LLC now owns 8,334 shares of the network technology company’s stock valued at $1,705,000 after purchasing an additional 210 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

About Palo Alto Networks

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.