Palo Alto Networks (NASDAQ:PANW) Given New $305.00 Price Target at Mizuho

Palo Alto Networks (NASDAQ:PANW) had its target price upped by Mizuho from $265.00 to $305.00 in a research note published on Wednesday morning, MarketBeat Ratings reports. The brokerage currently has an outperform rating on the network technology company’s stock.

PANW has been the subject of a number of other research reports. Capital One Financial upped their price objective on Palo Alto Networks from $168.00 to $248.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. Jefferies Financial Group set a $335.00 price objective on Palo Alto Networks and gave the stock a “buy” rating in a research note on Wednesday. UBS Group set a $300.00 target price on Palo Alto Networks and gave the stock a “neutral” rating in a research report on Wednesday. Wolfe Research reiterated an “outperform” rating and issued a $320.00 target price on shares of Palo Alto Networks in a research report on Wednesday. Finally, Oppenheimer boosted their target price on Palo Alto Networks from $275.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Palo Alto Networks currently has an average rating of “Moderate Buy” and a consensus target price of $304.22.

Palo Alto Networks Stock Down 5.6%

NASDAQ PANW opened at $280.43 on Wednesday. The firm has a market cap of $228.83 billion, a price-to-earnings ratio of 229.86, a price-to-earnings-growth ratio of 10.71 and a beta of 0.94. The business has a 50-day moving average price of $200.21 and a 200-day moving average price of $185.46. Palo Alto Networks has a twelve month low of $139.57 and a twelve month high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.05. The firm had revenue of $3 billion during the quarter, compared to analyst estimates 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 quarter in the prior year, the company 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. Research analysts expect that Palo Alto Networks will post 2.14 EPS for the current fiscal year.

Insider Buying and Selling

In other Palo Alto Networks 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 sale, the executive vice president directly owned 235,983 shares in the company, 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 SEC, which is available at this link. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president owned 150,250 shares in the company, valued at approximately $24,103,105. This trade represents a 3.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 94,760 shares of company stock valued at $21,660,063 in the last ninety days. Company insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On Palo Alto Networks

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PANW. Norges Bank purchased a new stake in Palo Alto Networks during the fourth quarter valued at approximately $1,415,364,000. Bank of America Corp DE raised its position 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 valued at $3,603,473,000 after purchasing an additional 3,101,267 shares during the period. Vanguard Group Inc. raised its position in Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after purchasing an additional 2,659,100 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its position in Palo Alto Networks by 1,665.1% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,761,909 shares of the network technology company’s stock valued at $442,788,000 after purchasing an additional 2,605,433 shares during the period. Finally, Amundi raised its position in Palo Alto Networks by 67.1% during the first quarter. Amundi now owns 6,297,833 shares of the network technology company’s stock valued at $1,009,669,000 after purchasing an additional 2,528,299 shares during the period. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Key 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

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.