Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $330.00 at Royal Bank Of Canada

Palo Alto Networks (NASDAQ:PANW) had its price target upped by Royal Bank Of Canada from $255.00 to $330.00 in a research report released on Wednesday morning, MarketBeat reports. Royal Bank Of Canada currently has an outperform rating on the network technology company’s stock.

A number of other brokerages have also issued reports on PANW. Daiwa Securities Group dropped their price target on shares of Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Citigroup restated a “market outperform” rating on shares of Palo Alto Networks in a research note on Wednesday. Stephens lifted their price target on shares of Palo Alto Networks from $180.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Loop Capital lifted their price target on shares of Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a research note on Wednesday. Finally, Guggenheim lowered shares of Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research note on Wednesday, May 27th. 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. Based on data from MarketBeat, Palo Alto Networks currently has an average rating of “Moderate Buy” and an average price target of $304.22.

Palo Alto Networks Stock Down 5.6%

PANW opened at $280.43 on Wednesday. The firm has a market capitalization of $228.83 billion, a P/E ratio of 229.86, a P/E/G ratio of 10.71 and a beta of 0.94. The firm’s 50 day moving average is $200.21 and its 200-day moving average is $185.46. Palo Alto Networks has a 52-week low of $139.57 and a 52-week high of $302.95.

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

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total value of $802,100.00. Following the completion of the transaction, the executive vice president owned 150,250 shares of the company’s stock, valued at $24,103,105. The trade was a 3.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director James J. Goetz sold 22,684 shares of Palo Alto Networks stock in a transaction on Friday, March 6th. The stock was sold at an average price of $164.41, for a total transaction of $3,729,476.44. Following the completion of the transaction, the director directly owned 52,500 shares of the company’s stock, valued at approximately $8,631,525. This represents a 30.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 94,760 shares of company stock valued at $21,660,063 over the last quarter. Insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On Palo Alto Networks

Hedge funds and other institutional investors have recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in shares of Palo Alto Networks during the second quarter valued at $25,000. Steph & Co. boosted its holdings in shares of Palo Alto Networks by 88.2% during the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after acquiring an additional 67 shares during the period. Knuff & Co LLC acquired a new position in shares of Palo Alto Networks during the fourth quarter valued at $26,000. Sittner & Nelson LLC boosted its holdings in shares of Palo Alto Networks by 73.8% during the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 62 shares during the period. Finally, Luken Investment Analytics LLC boosted its holdings in shares of 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 valued at $28,000 after acquiring an additional 102 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Key Headlines Impacting Palo Alto Networks

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.