Palo Alto Networks (NASDAQ:PANW) Given New $330.00 Price Target at Stifel Nicolaus

Palo Alto Networks (NASDAQ:PANW) had its price objective boosted by Stifel Nicolaus from $275.00 to $330.00 in a research note released on Wednesday, MarketBeat.com reports. Stifel Nicolaus currently has a buy rating on the network technology company’s stock.

A number of other brokerages have also weighed in on PANW. HSBC cut their price objective on Palo Alto Networks from $157.00 to $114.00 in a research report on Thursday, February 19th. Piper Sandler reiterated an “overweight” rating and issued a $345.00 price objective (up from $265.00) on shares of Palo Alto Networks in a research report on Wednesday. Daiwa Securities Group cut their price objective on Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Loop Capital lifted their price objective on Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, New Street Research cut their price objective on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $304.22.

Palo Alto Networks Price Performance

PANW opened at $280.43 on Wednesday. The stock’s 50 day simple moving average is $200.21 and its 200 day simple moving average is $185.46. Palo Alto Networks has a 1 year low of $139.57 and a 1 year high of $302.95. The firm has a market cap 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 posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (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 for the quarter, compared to analyst estimates of $2.94 billion. During the same period last year, the company earned $0.37 EPS. Palo Alto Networks’s revenue for the quarter was up 31.1% compared to the same quarter last year. 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, sell-side analysts anticipate that Palo Alto Networks will post 2.14 EPS for the current year.

Insider Activity at Palo Alto Networks

In related news, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks 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 sale, the executive vice president directly owned 235,983 shares in the company, valued at $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks stock in a transaction that occurred on Monday, June 1st. The shares were 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 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 over the last ninety days. Insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On Palo Alto Networks

Several hedge funds have recently made changes to their positions in the company. First Nebraska Trust Co bought a new stake in shares of Palo Alto Networks during the first quarter valued at approximately $534,000. Foguth Wealth Management LLC. bought a new stake in shares of Palo Alto Networks during the first quarter valued at approximately $168,000. Financial Solutions Advisory Group Inc. bought a new stake in shares of Palo Alto Networks during the first quarter valued at approximately $296,000. Integrated Investment Consultants LLC boosted its position in shares of 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 valued at $351,000 after purchasing an additional 100 shares in the last quarter. Finally, Blue Fin Capital Inc. boosted its position in shares of 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 valued at $407,000 after purchasing an additional 255 shares in the last quarter. 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

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.