Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $430.00

Palo Alto Networks (NASDAQ:PANW) had its target price boosted by Tigress Financial from $245.00 to $430.00 in a research note issued to investors on Wednesday, Marketbeat.com reports. The firm currently has a buy rating on the network technology company’s stock.

Several other research analysts have also recently issued reports on PANW. Morgan Stanley increased their price target on Palo Alto Networks from $253.00 to $320.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. The Goldman Sachs Group restated a “buy” rating and set a $330.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Palo Alto Networks from $220.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. William Blair reiterated an “outperform” rating on shares of Palo Alto Networks in a research report on Tuesday, June 16th. Finally, Citigroup reissued a “buy” rating and set a $400.00 target price (up from $340.00) on shares of Palo Alto Networks in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $327.74.

Palo Alto Networks Stock Performance

PANW opened at $358.68 on Wednesday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average is $290.04 and its 200-day moving average is $212.30. The stock has a market cap of $292.32 billion, a PE ratio of 294.00, a price-to-earnings-growth ratio of 13.14 and a beta of 0.91. Palo Alto Networks has a twelve month low of $139.57 and a twelve month high of $368.80.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same period in the prior year, the company posted $0.37 EPS. The business’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. On average, analysts predict that Palo Alto Networks will post 2.03 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Aparna Bawa sold 290 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $348.74, for a total transaction of $101,134.60. Following the completion of the transaction, the director owned 6,437 shares of the company’s stock, valued at $2,244,839.38. This trade represents a 4.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the transaction, the director directly owned 20,000 shares in the company, valued at approximately $5,598,000. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 101,239 shares of company stock valued at $27,174,360. 1.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Palo Alto Networks

Several hedge funds have recently made changes to their positions in PANW. Trust Asset Management LLC lifted its stake in Palo Alto Networks by 19.4% during the second quarter. Trust Asset Management LLC now owns 8,639 shares of the network technology company’s stock valued at $2,946,000 after purchasing an additional 1,401 shares during the last quarter. Regent Peak Wealth Advisors LLC acquired a new position in Palo Alto Networks in the second quarter worth approximately $368,000. Annex Advisory Services LLC acquired a new position in Palo Alto Networks in the second quarter worth approximately $222,000. Whitener Capital Management Inc. increased its holdings in shares of Palo Alto Networks by 3.5% in the second quarter. Whitener Capital Management Inc. now owns 12,312 shares of the network technology company’s stock valued at $4,199,000 after buying an additional 415 shares in the last quarter. Finally, Tema ETFs LLC increased its holdings in shares of Palo Alto Networks by 10.3% in the second quarter. Tema ETFs LLC now owns 13,985 shares of the network technology company’s stock valued at $4,769,000 after buying an additional 1,305 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

About Palo Alto Networks

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.