Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $210.00

Palo Alto Networks (NASDAQ:PANW) had its target price lifted by Sanford C. Bernstein from $207.00 to $210.00 in a report issued on Thursday morning, MarketBeat reports. The brokerage currently has an outperform rating on the network technology company’s stock.

A number of other research analysts have also weighed in on PANW. Morgan Stanley lifted their price objective on shares of Palo Alto Networks from $216.00 to $228.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Guggenheim lifted their price target on Palo Alto Networks from $130.00 to $135.00 and gave the company a “sell” rating in a research report on Tuesday, August 19th. Evercore ISI increased their price objective on Palo Alto Networks from $220.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, November 13th. Needham & Company LLC restated a “buy” rating and issued a $230.00 target price on shares of Palo Alto Networks in a research note on Wednesday, September 3rd. Finally, UBS Group upped their price target on Palo Alto Networks from $200.00 to $230.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Thirty analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $225.09.

Palo Alto Networks Stock Performance

Shares of PANW opened at $182.90 on Thursday. Palo Alto Networks has a fifty-two week low of $144.15 and a fifty-two week high of $223.61. The business has a 50-day moving average of $208.77 and a 200 day moving average of $197.37. The firm has a market cap of $125.10 billion, a P/E ratio of 115.76, a price-to-earnings-growth ratio of 4.34 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Wednesday, November 19th. The network technology company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.46 billion. Palo Alto Networks had a net margin of 11.69% and a return on equity of 17.05%. The company’s quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter last year, the business earned $1.56 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.800-3.900 EPS. Q2 2026 guidance at 0.930-0.950 EPS. As a group, research analysts predict that Palo Alto Networks will post 1.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the business’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total value of $23,081,119.14. Following the completion of the transaction, the executive vice president owned 177,954 shares of the company’s stock, valued at $34,008,788.94. The trade was a 40.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer owned 275,013 shares in the company, valued at approximately $56,119,152.78. This trade represents a 75.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,215,130 shares of company stock worth $249,031,488 over the last three months. Company insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new position in shares of Palo Alto Networks during the 2nd quarter valued at about $25,000. Whipplewood Advisors LLC boosted its stake in Palo Alto Networks by 6,400.0% in 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 purchased a new stake in Palo Alto Networks in the second quarter worth approximately $28,000. Howard Hughes Medical Institute bought a new position in Palo Alto Networks during the second quarter valued at approximately $29,000. Finally, Winch Advisory Services LLC raised its stake in shares of Palo Alto Networks by 96.1% during the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock worth $30,000 after acquiring an additional 73 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Company Profile

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.