Palo Alto Networks (PANW) – Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Palo Alto Networks (NASDAQ: PANW) in the last few weeks:

• 10/15/2026 – Palo Alto Networks had its “buy” rating reaffirmed by Citigroup. They now have a $440.00 price target on the stock, up from $410.00.
• 10/15/2026 – Palo Alto Networks had its price target raised by Citigroup from $410.00 to $440.00. They now have a “buy” rating on the stock.
• 10/12/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $525.00 price target on the stock, up from $475.00.
• 10/8/2026 – Palo Alto Networks was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 10/5/2026 – Palo Alto Networks is now covered by Yorkville Ives. They set an “outperform” rating and a $500.00 price target on the stock.
• 10/2/2026 – Palo Alto Networks had its “buy” rating reaffirmed by TD Cowen. They now have a $440.00 price target on the stock, up from $400.00.
• 9/28/2026 – Palo Alto Networks had its price target raised by BTIG Research from $404.00 to $425.00. They now have a “buy” rating on the stock.
• 9/21/2026 – Palo Alto Networks was given a new $410.00 price target by Morgan Stanley. They now have an “overweight” rating on the stock.
• 9/17/2026 – Palo Alto Networks was downgraded by Sanford C. Bernstein from “outperform” to “market perform”. They now have a $351.00 price target on the stock, up from $253.00.
• 9/11/2026 – Palo Alto Networks is now covered by Wedbush. They set an “outperform” rating and a $400.00 price target on the stock.
• 9/8/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $425.00 price target on the stock.
• 9/7/2026 – Palo Alto Networks was downgraded by Citigroup from “buy” to “neutral”.
• 9/7/2026 – Palo Alto Networks was downgraded by Phillip Securities from “moderate buy” to “hold”. They now have a $346.00 price target on the stock, up from $320.00.
• 9/3/2026 – Palo Alto Networks had its price target lowered by HSBC from $201.00 to $190.00.
• 9/3/2026 – Palo Alto Networks had its “buy” rating reaffirmed by Argus. They now have a $425.00 price target on the stock.
• 9/2/2026 – Palo Alto Networks had its “buy” rating reaffirmed by The Goldman Sachs Group. They now have a $390.00 price target on the stock, up from $371.00.
• 9/2/2026 – Palo Alto Networks was given a new $400.00 price target by Truist Financial.
• 9/2/2026 – Palo Alto Networks had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $430.00 price target on the stock, up from $350.00.
• 9/2/2026 – Palo Alto Networks was given a new $400.00 price target by Stephens. They now have an “equal weight” rating on the stock.
• 9/2/2026 – Palo Alto Networks was given a new $360.00 price target by Northland Securities. They now have a “market perform” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its “neutral” rating reaffirmed by Roth Capital. They now have a $300.00 price target on the stock, up from $210.00.
• 9/2/2026 – Palo Alto Networks had its “outperform” rating reaffirmed by Oppenheimer. They now have a $450.00 price target on the stock, up from $400.00.
• 9/2/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Piper Sandler. They now have a $410.00 price target on the stock, up from $345.00.
• 9/2/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $394.00 price target on the stock, up from $387.00.
• 9/2/2026 – Palo Alto Networks was given a new $420.00 price target by Robert W. Baird. They now have an “outperform” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its “buy” rating reaffirmed by TD Cowen.
• 9/2/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Barclays. They now have a $375.00 price target on the stock, up from $370.00.
• 9/2/2026 – Palo Alto Networks had its “neutral” rating reaffirmed by Guggenheim.
• 9/2/2026 – Palo Alto Networks had its “market outperform” rating reaffirmed by Citigroup.
• 9/2/2026 – Palo Alto Networks was downgraded by Scotiabank from “sector outperform” to “hold”.
• 9/2/2026 – Palo Alto Networks had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $253.00 price target on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by BNP Paribas Exane from $380.00 to $400.00. They now have an “outperform” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by Capital One Financial from $421.00 to $428.00. They now have an “overweight” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by Citigroup from $400.00 to $410.00. They now have a “buy” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by DA Davidson from $345.00 to $420.00. They now have a “buy” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by Royal Bank Of Canada from $434.00 to $475.00. They now have an “outperform” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by Susquehanna from $350.00 to $415.00. They now have a “positive” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by BTIG Research from $380.00 to $404.00. They now have a “buy” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $425.00 price target on the stock.
• 9/2/2026 – Palo Alto Networks had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $425.00 price target on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by Rosenblatt Securities from $355.00 to $415.00. They now have a “buy” rating on the stock.
• 9/1/2026 – Palo Alto Networks had its “hold (c-)” rating reaffirmed by Weiss Ratings.
• 8/31/2026 – Palo Alto Networks had its “outperform” rating reaffirmed by Scotiabank. They now have a $430.00 price target on the stock, up from $320.00.
• 8/31/2026 – Palo Alto Networks had its “outperform” rating reaffirmed by Evercore.
• 8/31/2026 – Palo Alto Networks had its price target raised by Scotiabank from $320.00 to $430.00. They now have a “sector outperform” rating on the stock.

Insider Activity

In related news, Director James Goetz sold 20,000 shares of the stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $376.68, for a total transaction of $7,533,600.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Josh Paul sold 900 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $373.68, for a total value of $336,312.00. Following the sale, the chief accounting officer directly owned 72,484 shares in the company, valued at $27,085,821.12. This trade represents a 1.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 54,210 shares of company stock valued at $20,823,029. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks, Inc (NASDAQ:PANW) is a global cybersecurity company that helps organizations protect networks, cloud environments, endpoints, and digital infrastructure. Its offerings are designed to prevent cyberattacks, identify security risks, monitor activity, and support incident response across enterprise, government, and service-provider environments.

The company’s portfolio includes network security products such as next-generation firewalls and security operations tools; Prisma, its cloud security platform; and Cortex, a suite focused on endpoint protection, threat detection, security analytics, and automated response.