Palo Alto Networks (NASDAQ:PANW) Given New $360.00 Price Target at Berenberg Bank

Palo Alto Networks (NASDAQ:PANW) had its price target hoisted by Berenberg Bank from $290.00 to $360.00 in a report issued on Wednesday morning,MarketScreener reports. They currently have a buy rating on the network technology company’s stock.

Several other analysts have also recently weighed in on the company. Wolfe Research restated an “outperform” rating and set a $320.00 price target on shares of Palo Alto Networks in a report on Wednesday. UBS Group set a $300.00 price target on Palo Alto Networks and gave the stock a “neutral” rating in a report on Wednesday. Citigroup restated a “market outperform” rating on shares of Palo Alto Networks in a report on Wednesday. Scotiabank reaffirmed a “sector outperform” rating and issued a $320.00 price objective (up from $180.00) on shares of Palo Alto Networks in a research note on Wednesday. Finally, Sanford C. Bernstein set a $209.00 price objective on Palo Alto Networks and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus target price of $304.22.

Palo Alto Networks Trading Down 5.6%

NASDAQ:PANW opened at $280.43 on Wednesday. The stock has a market cap of $228.83 billion, a P/E ratio of 229.86, a price-to-earnings-growth ratio of 10.71 and a beta of 0.94. The stock’s 50-day moving average is $200.21 and its 200-day moving average is $185.46. Palo Alto Networks has a 1-year low of $139.57 and a 1-year high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.05. The company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a return on equity of 16.34% and a net margin of 7.95%.The business’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.37 earnings per share. 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, equities analysts forecast that Palo Alto Networks will post 2.14 EPS for the current year.

Insider Activity at Palo Alto Networks

In other news, EVP Lee Klarich sold 62,904 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the transaction, the executive vice president directly owned 235,983 shares of the company’s stock, valued at $61,037,002.95. This represents a 21.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John P. Key sold 1,572 shares of the company’s stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $173.32, for a total value of $272,459.04. Following the sale, the director owned 20,000 shares of the company’s stock, valued at $3,466,400. This trade represents a 7.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 94,760 shares of company stock valued at $21,660,063 over the last three months. 1.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Palo Alto Networks

Several institutional investors have recently bought and sold shares of PANW. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks during the second quarter worth $25,000. Steph & Co. grew its holdings 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 buying an additional 67 shares in the last quarter. Knuff & Co LLC bought a new stake in Palo Alto Networks during the fourth quarter worth $26,000. Sittner & Nelson LLC grew its holdings 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 buying an additional 62 shares in the last quarter. Finally, Luken Investment Analytics LLC grew its holdings 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 buying an additional 102 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

More Palo Alto Networks News

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

Palo Alto Networks Company Profile

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.