Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $430.00 at Tigress Financial

Palo Alto Networks (NASDAQ:PANW) had its price target increased by Tigress Financial from $245.00 to $430.00 in a research note published on Wednesday, MarketBeat Ratings reports. The brokerage currently has a buy rating on the network technology company’s stock.

PANW has been the subject of a number of other research reports. Argus boosted their price objective on shares of Palo Alto Networks from $222.00 to $320.00 in a research note on Friday, June 5th. Guggenheim downgraded Palo Alto Networks from a “neutral” rating to a “reduce” rating in a report on Wednesday, May 27th. Truist Financial boosted their price target on Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Rosenblatt Securities upped their price objective on Palo Alto Networks from $275.00 to $355.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Finally, Sanford C. Bernstein raised their price objective on Palo Alto Networks from $209.00 to $253.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $323.98.

Palo Alto Networks Trading Up 0.3%

Shares of NASDAQ PANW opened at $354.02 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The business has a fifty day simple moving average of $283.88 and a two-hundred day simple moving average of $210.11. The firm has a market cap of $288.53 billion, a PE ratio of 290.18, a price-to-earnings-growth ratio of 13.10 and a beta of 0.91. Palo Alto Networks has a twelve month low of $139.57 and a twelve month high of $368.17.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter last year, the firm posted $0.37 earnings per share. The business’s revenue for the quarter 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. Analysts expect that Palo Alto Networks will post 2.03 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 the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the transaction, the executive vice president owned 145,250 shares in the company, valued at approximately $42,058,590. This represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the sale, the director owned 20,000 shares of the company’s stock, valued at $5,598,000. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 101,239 shares of company stock worth $27,174,360 over the last ninety days. 1.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Palo Alto Networks

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of Palo Alto Networks by 4.1% in the 4th quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after buying an additional 2,659,100 shares during the period. State Street Corp grew its holdings in Palo Alto Networks by 2.0% during the fourth quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock worth $5,587,100,000 after acquiring an additional 594,789 shares during the period. Bank of America Corp DE grew its holdings in Palo Alto Networks by 16.0% during the first quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company’s stock worth $3,603,473,000 after acquiring an additional 3,101,267 shares during the period. Geode Capital Management LLC raised its position in Palo Alto Networks by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock valued at $2,934,935,000 after acquiring an additional 540,756 shares in the last quarter. Finally, Norges Bank acquired a new position in Palo Alto Networks in the fourth quarter valued at approximately $1,415,364,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Key Palo Alto Networks News

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

• Positive Sentiment: Tigress Financial raised its price target on Palo Alto Networks from $245 to $430 and reiterated a buy rating, signaling strong upside confidence in the stock. Article Title
• Positive Sentiment: Cybersecurity stocks, including PANW, are benefiting from reports that AI-driven security spending could support long-term growth as cyberattacks intensify. Article Title
• Positive Sentiment: PANW also got a lift from a broader cybersecurity rally after IBM’s weak results and cybersecurity warning pushed investors toward security-focused software names. Article Title
• Positive Sentiment: Market commentary highlighted PANW as one of the cybersecurity stocks “riding the wave” from IBM’s earnings miss, reinforcing the sector-wide bid into defensive tech. Article Title
• Neutral Sentiment: Commentary from Jim Cramer and other market-watch articles called Palo Alto Networks “unbelievable” and noted strong year-to-date gains, but these pieces were more sentiment-driven than fundamental catalysts. Article Title
• Neutral Sentiment: A Zacks comparison article argued Zscaler has an edge over PANW due to valuation and integration-cost concerns, but this appears to be a relative-valuation view rather than a direct negative catalyst. 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.