Palo Alto Networks (PANW) – Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Palo Alto Networks (NASDAQ: PANW):

• 11/25/2025 – Palo Alto Networks had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 11/24/2025 – Palo Alto Networks had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald.
• 11/20/2025 – Palo Alto Networks was downgraded by analysts at HSBC Holdings plc from a “hold” rating to a “reduce” rating. They now have a $157.00 price target on the stock.
• 11/20/2025 – Palo Alto Networks had its “buy” rating reaffirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $240.00 price target on the stock, up previously from $236.00.
• 11/20/2025 – Palo Alto Networks had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $230.00 price target on the stock, up previously from $225.00.
• 11/20/2025 – Palo Alto Networks had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a $220.00 price target on the stock, down previously from $230.00.
• 11/20/2025 – Palo Alto Networks was downgraded by analysts at Hsbc Global Res from a “hold” rating to a “moderate sell” rating.
• 11/20/2025 – Palo Alto Networks had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings, Inc.. They now have a $245.00 price target on the stock.
• 11/20/2025 – Palo Alto Networks had its “hold” rating reaffirmed by analysts at Westpark Capital.
• 11/20/2025 – Palo Alto Networks had its price target raised by analysts at Stephens from $205.00 to $215.00. They now have an “equal weight” rating on the stock.
• 11/20/2025 – Palo Alto Networks had its price target raised by analysts at Northland Securities from $177.00 to $190.00. They now have a “market perform” rating on the stock.
• 11/20/2025 – Palo Alto Networks had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $225.00 price target on the stock.
• 11/20/2025 – Palo Alto Networks had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $230.00 price target on the stock.
• 11/20/2025 – Palo Alto Networks had its price target raised by analysts at Sanford C. Bernstein from $207.00 to $210.00. They now have an “outperform” rating on the stock.
• 11/18/2025 – Palo Alto Networks had its price target raised by analysts at Rosenblatt Securities from $225.00 to $250.00. They now have a “buy” rating on the stock.
• 11/17/2025 – Palo Alto Networks had its price target raised by analysts at Cantor Fitzgerald from $223.00 to $250.00. They now have an “overweight” rating on the stock.
• 11/17/2025 – Palo Alto Networks had its price target raised by analysts at DA Davidson from $215.00 to $240.00. They now have a “buy” rating on the stock.
• 11/17/2025 – Palo Alto Networks had its price target raised by analysts at Mizuho from $220.00 to $230.00. They now have an “outperform” rating on the stock.
• 11/17/2025 – Palo Alto Networks had its “buy” rating reaffirmed by analysts at BTIG Research. They now have a $248.00 price target on the stock.
• 11/17/2025 – Palo Alto Networks had its price target raised by analysts at BMO Capital Markets from $225.00 to $230.00. They now have an “outperform” rating on the stock.
• 11/14/2025 – Palo Alto Networks had its price target raised by analysts at Robert W. Baird from $230.00 to $240.00. They now have an “outperform” rating on the stock.
• 11/13/2025 – Palo Alto Networks had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 11/13/2025 – Palo Alto Networks had its price target raised by analysts at UBS Group AG from $200.00 to $230.00. They now have a “neutral” rating on the stock.
• 11/13/2025 – Palo Alto Networks had its price target raised by analysts at TD Cowen from $230.00 to $255.00. They now have a “buy” rating on the stock.
• 11/13/2025 – Palo Alto Networks had its price target raised by analysts at Morgan Stanley from $216.00 to $228.00. They now have an “overweight” rating on the stock.
• 11/13/2025 – Palo Alto Networks had its price target raised by analysts at Evercore ISI from $220.00 to $250.00. They now have an “outperform” rating on the stock.
• 11/12/2025 – Palo Alto Networks had its price target raised by analysts at Royal Bank Of Canada from $232.00 to $250.00. They now have an “outperform” rating on the stock.
• 11/11/2025 – Palo Alto Networks was given a new $250.00 price target on by analysts at UBS Group AG.
• 11/11/2025 – Palo Alto Networks had its “buy” rating reaffirmed by analysts at Jefferies Financial Group Inc.. They now have a $250.00 price target on the stock, up previously from $235.00.
• 11/10/2025 – Palo Alto Networks had its price target raised by analysts at Barclays PLC from $215.00 to $230.00. They now have an “overweight” rating on the stock.
• 10/27/2025 – Palo Alto Networks had its “outperform” rating reaffirmed by analysts at Citigroup Inc..
• 10/27/2025 – Palo Alto Networks had its price target raised by analysts at JMP Securities from $212.00 to $250.00. They now have a “market outperform” rating on the stock.
• 10/20/2025 – Palo Alto Networks had its price target raised by analysts at Bank of America Corporation from $215.00 to $240.00. They now have a “buy” rating on the stock.
• 10/17/2025 – Palo Alto Networks had its price target raised by analysts at Oppenheimer Holdings, Inc. from $225.00 to $245.00. They now have an “outperform” rating on the stock.
• 10/17/2025 – Palo Alto Networks had its price target raised by analysts at Mizuho from $210.00 to $220.00. They now have an “outperform” rating on the stock.
• 10/13/2025 – Palo Alto Networks was upgraded by analysts at BTIG Research from a “neutral” rating to a “buy” rating.
• 10/13/2025 – Palo Alto Networks was given a new $248.00 price target on by analysts at BTIG Research. They now have a “buy” rating on the stock.
• 10/8/2025 – Palo Alto Networks had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.

Insider Activity at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $189.39, for a total transaction of $132,573.00. Following the completion of the transaction, the chief accounting officer owned 46,805 shares of the company’s stock, valued at approximately $8,864,398.95. This represents a 1.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the sale, the executive vice president directly owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,095,056 shares of company stock valued at $226,082,942 in the last ninety days. 1.40% of the stock is owned by company insiders.

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.