Palo Alto Networks’ (PANW) “Outperform” Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada reiterated their outperform rating on shares of Palo Alto Networks (NASDAQ:PANW) in a report released on Tuesday morning,Benzinga reports. They currently have a $232.00 target price on the network technology company’s stock.

Several other equities analysts have also issued reports on the company. Wells Fargo & Company upped their price target on Palo Alto Networks from $225.00 to $235.00 and gave the company an “overweight” rating in a research note on Wednesday, May 21st. Morgan Stanley set a $496.00 target price on Palo Alto Networks in a research note on Thursday, August 7th. DA Davidson reissued a “buy” rating and set a $215.00 price target on shares of Palo Alto Networks in a research report on Tuesday. BMO Capital Markets lifted their target price on Palo Alto Networks from $217.00 to $225.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Barclays reiterated an “overweight” rating and issued a $215.00 price target (up previously from $210.00) on shares of Palo Alto Networks in a report on Tuesday. Twenty-eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $218.86.

Palo Alto Networks Trading Up 3.1%

PANW opened at $181.56 on Tuesday. Palo Alto Networks has a 1-year low of $144.15 and a 1-year high of $210.39. The stock has a market capitalization of $121.06 billion, a PE ratio of 113.12, a PEG ratio of 4.33 and a beta of 0.94. The firm has a 50-day moving average price of $191.31 and a two-hundred day moving average price of $186.32.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 18.55%. The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same period in the prior year, the firm earned $0.75 earnings per share. Palo Alto Networks’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. On average, research analysts predict that Palo Alto Networks will post 1.76 EPS for the current year.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $195.14, for a total transaction of $23,567,838.36. Following the sale, the executive vice president directly owned 264,246 shares of the company’s stock, valued at approximately $51,564,964.44. This represents a 31.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $201.85, for a total transaction of $1,009,250.00. Following the completion of the transaction, the executive vice president directly owned 101,135 shares of the company’s stock, valued at approximately $20,414,099.75. This trade represents a 4.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold 669,248 shares of company stock valued at $126,423,337 in the last 90 days. Company insiders own 2.50% of the company’s stock.

Institutional Trading of Palo Alto Networks

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Transce3nd LLC acquired a new stake in Palo Alto Networks during the 4th quarter worth approximately $25,000. Darwin Wealth Management LLC acquired a new stake in shares of Palo Alto Networks during the second quarter worth $25,000. Whipplewood Advisors LLC lifted its holdings in shares of Palo Alto Networks by 6,400.0% during the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after buying an additional 128 shares in the last quarter. Briaud Financial Planning Inc bought a new stake in shares of Palo Alto Networks in the second quarter valued at about $28,000. Finally, Capital A Wealth Management LLC acquired a new position in shares of Palo Alto Networks in the fourth quarter valued at about $29,000. 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.