Palo Alto Networks (NASDAQ:PANW) Given New $290.00 Price Target at Loop Capital

Palo Alto Networks (NASDAQ:PANW) had its price objective upped by Loop Capital from $160.00 to $290.00 in a research report released on Wednesday, MarketBeat.com reports. Loop Capital currently has a hold rating on the network technology company’s stock.

A number of other analysts have also commented on the stock. Needham & Company LLC boosted their price objective on shares of Palo Alto Networks from $200.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday. Rosenblatt Securities boosted their price objective on shares of Palo Alto Networks from $225.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Jefferies Financial Group set a $335.00 price objective on shares of Palo Alto Networks and gave the stock a “buy” rating in a research report on Wednesday. Barclays restated an “overweight” rating and set a $315.00 target price (up from $220.00) on shares of Palo Alto Networks in a report on Wednesday. Finally, Wells Fargo & Company restated an “overweight” rating and set a $325.00 target price (up from $285.00) on shares of Palo Alto Networks in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $304.22.

Palo Alto Networks Price Performance

Palo Alto Networks stock opened at $280.43 on Wednesday. The company’s 50 day simple moving average is $200.21 and its 200 day simple moving average is $185.46. Palo Alto Networks has a fifty-two week low of $139.57 and a fifty-two week high of $302.95. The firm has a market capitalization of $228.83 billion, a price-to-earnings ratio of 229.86, a PEG ratio of 10.71 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.05. Palo Alto Networks had a net margin of 7.95% and a return on equity of 16.34%. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the previous year, the firm posted $0.37 earnings per share. The business’s revenue was up 31.1% on a year-over-year basis. 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. As a group, analysts predict that Palo Alto Networks will post 2.14 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director John P. Key sold 1,572 shares of the business’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $173.32, for a total value of $272,459.04. Following the completion of the sale, the director owned 20,000 shares of the company’s stock, valued at approximately $3,466,400. The trade was a 7.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Josh D. Paul sold 1,100 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were 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 directly owned 81,636 shares of the company’s stock, valued at approximately $23,272,790.88. The trade was a 1.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 94,760 shares of company stock valued at $21,660,063 in the last 90 days. 1.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Palo Alto Networks

A number of institutional investors have recently modified their holdings of PANW. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks during the second quarter worth about $25,000. Steph & Co. lifted its position in Palo Alto Networks by 88.2% during the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after purchasing an additional 67 shares during the period. Knuff & Co LLC bought a new stake in Palo Alto Networks during the fourth quarter worth about $26,000. Sittner & Nelson LLC lifted its position in Palo Alto Networks by 73.8% during the fourth 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, Luken Investment Analytics LLC lifted its position in Palo Alto Networks by 196.2% during the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after purchasing an additional 102 shares during the period. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks News Summary

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Palo Alto Networks reported fiscal Q3 earnings and revenue above expectations, with EPS of $0.85 versus $0.79-$0.81 estimated and revenue of $3.0 billion versus $2.94 billion expected, while sales rose 31.1% year over year. Article Title
• Positive Sentiment: The company raised FY2026 and Q4 guidance well above Wall Street estimates, signaling stronger demand and improving profitability outlooks. Article Title
• Positive Sentiment: CEO Nikesh Arora said AI-related security concerns are driving a surge in customer engagement and meeting requests, reinforcing the long-term growth narrative for PANW. Article Title
• Positive Sentiment: Citigroup, Wedbush, BNP Paribas Exane, Stifel, Berenberg, Truist, Morgan Stanley, Deutsche Bank, RBC, Oppenheimer, and others raised price targets, with several also reiterating buy or outperform ratings, adding momentum to the stock. Article Title
• Neutral Sentiment: One insider filing showed CAO Josh D. Paul sold 1,100 shares, which is minor versus the company’s overall market value but may slightly weigh on sentiment. Article Title
• Negative Sentiment: Despite the earnings beat, some coverage noted the stock slipped intraday as investors focused on acquisition-driven growth and broader market pressure rather than the strong fundamentals. Article Title

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.