Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $355.00 at Rosenblatt Securities

Palo Alto Networks (NASDAQ:PANW) had its price objective upped by Rosenblatt Securities from $275.00 to $355.00 in a research note issued to investors on Wednesday, MarketBeat reports. Rosenblatt Securities currently has a buy rating on the network technology company’s stock.

Several other research firms have also recently commented on PANW. Morgan Stanley raised their target price on Palo Alto Networks from $223.00 to $253.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. Cantor Fitzgerald set a $340.00 target price on Palo Alto Networks and gave the stock an “overweight” rating in a research note on Wednesday. Evercore reiterated an “outperform” rating and issued a $375.00 price target on shares of Palo Alto Networks in a report on Wednesday. Stephens increased their price target on Palo Alto Networks from $180.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, Mizuho increased their price target on Palo Alto Networks from $200.00 to $265.00 and gave the stock an “outperform” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $304.22.

Palo Alto Networks Price Performance

NASDAQ PANW opened at $280.43 on Wednesday. The business has a 50 day simple moving average of $200.21 and a 200 day simple moving average of $185.46. Palo Alto Networks has a one year low of $139.57 and a one year high of $302.95. The stock 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.

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

Insider Buying and Selling at Palo Alto Networks

In related news, Director John P. Key sold 1,572 shares of Palo Alto Networks stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $173.32, for a total transaction of $272,459.04. Following the sale, the director directly owned 20,000 shares in the company, valued at approximately $3,466,400. This trade represents 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 Palo Alto Networks stock in a transaction on Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the sale, the chief accounting officer owned 81,636 shares in the company, valued at $23,272,790.88. This trade represents a 1.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 94,760 shares of company stock valued at $21,660,063 in the last ninety days. 1.40% of the stock is owned by corporate insiders.

Institutional Trading of Palo Alto Networks

A number of hedge funds have recently bought and sold shares of the business. First Nebraska Trust Co bought a new stake in Palo Alto Networks during the first quarter worth $534,000. Foguth Wealth Management LLC. bought a new stake in Palo Alto Networks during the first quarter worth $168,000. Financial Solutions Advisory Group Inc. bought a new stake in Palo Alto Networks during the first quarter worth $296,000. Integrated Investment Consultants LLC lifted its holdings in Palo Alto Networks by 4.8% during the first quarter. Integrated Investment Consultants LLC now owns 2,188 shares of the network technology company’s stock worth $351,000 after acquiring an additional 100 shares during the period. Finally, Blue Fin Capital Inc. lifted its holdings in Palo Alto Networks by 11.2% during the first quarter. Blue Fin Capital Inc. now owns 2,536 shares of the network technology company’s stock worth $407,000 after acquiring an additional 255 shares during the period. 79.82% of the stock is currently owned by institutional investors.

Trending Headlines about 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

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.