Analysts Set Palo Alto Networks, Inc. (NASDAQ:PANW) Target Price at $306.59

Palo Alto Networks, Inc. (NASDAQ:PANW) has been given a consensus recommendation of “Moderate Buy” by the forty-nine brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirty-nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $316.1522.

Several research analysts have issued reports on PANW shares. Capital One Financial increased their price target on Palo Alto Networks from $168.00 to $248.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Jefferies Financial Group set a $335.00 price objective on Palo Alto Networks and gave the company a “buy” rating in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft upped their target price on Palo Alto Networks from $220.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Evercore reissued an “outperform” rating and issued a $375.00 price target on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Benchmark boosted their price target on shares of Palo Alto Networks from $270.00 to $340.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd.

Insider Transactions at Palo Alto Networks

In other news, EVP Lee Klarich sold 62,904 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the sale, the executive vice president directly owned 235,983 shares of the company’s stock, valued at $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Josh D. Paul sold 1,100 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $285.08, for a total transaction of $313,588.00. Following the completion of the sale, the chief accounting officer owned 81,636 shares in the company, valued at $23,272,790.88. This represents a 1.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 102,111 shares of company stock valued at $27,204,024. Corporate insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of PANW. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks in the 2nd quarter worth about $25,000. Knuff & Co LLC bought a new stake in shares of Palo Alto Networks during the 4th quarter worth $26,000. Steph & Co. boosted its holdings in shares of Palo Alto Networks by 88.2% in the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after buying an additional 67 shares during the last quarter. Sittner & Nelson LLC raised its holdings in shares of Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after purchasing an additional 62 shares during the period. Finally, Winch Advisory Services LLC lifted its stake in Palo Alto Networks by 96.1% in the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after purchasing an additional 73 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

PANW opened at $348.06 on Monday. The company has a fifty day moving average price of $258.43 and a two-hundred day moving average price of $201.39. Palo Alto Networks has a 1-year low of $139.57 and a 1-year high of $358.10. The company has a market cap of $283.67 billion, a P/E ratio of 285.30, a price-to-earnings-growth ratio of 12.92 and a beta of 0.91. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW) last released 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. The company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business’s revenue was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.37 EPS. 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. Analysts predict that Palo Alto Networks will post 2.03 EPS for the current fiscal year.

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.