Palo Alto Networks (NASDAQ:PANW) Given New $350.00 Price Target at Deutsche Bank Aktiengesellschaft

Palo Alto Networks (NASDAQ:PANW) had its price target raised by Deutsche Bank Aktiengesellschaft from $220.00 to $350.00 in a report published on Wednesday morning,MarketScreener reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the network technology company’s stock.

Several other equities analysts also recently commented on the company. TD Cowen reiterated a “buy” rating and set a $330.00 price target (up from $255.00) on shares of Palo Alto Networks in a report on Wednesday. Barclays reiterated an “overweight” rating and set a $315.00 price target (up from $220.00) on shares of Palo Alto Networks in a report on Wednesday. Citizens Jmp reiterated a “market outperform” rating and set a $250.00 price target on shares of Palo Alto Networks in a report on Wednesday, February 18th. Jefferies Financial Group set a $335.00 price target on Palo Alto Networks and gave the company a “buy” rating in a report on Wednesday. Finally, New Street Research reduced their price objective on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. One equities 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 given a Sell rating to the company’s stock. According to data from MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and an average price target of $304.22.

Palo Alto Networks Stock Down 5.6%

Shares of PANW stock opened at $280.43 on Wednesday. Palo Alto Networks has a 12 month low of $139.57 and a 12 month high of $302.95. The business’s 50 day moving average is $200.21 and its two-hundred day moving average is $185.46. The company has a market cap of $228.83 billion, a PE ratio of 229.86, a price-to-earnings-growth ratio of 10.71 and a beta of 0.94.

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 $0.80 by $0.05. Palo Alto Networks had a return on equity of 16.34% and a net margin of 7.95%.The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter last year, the company posted $0.37 earnings per share. The company’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, equities analysts expect that Palo Alto Networks will post 2.14 EPS for the current fiscal year.

Insider Transactions at Palo Alto Networks

In related news, Director John P. Key sold 1,572 shares of the firm’s stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $173.32, for a total value of $272,459.04. Following the completion of the transaction, the director directly owned 20,000 shares of the company’s stock, valued at $3,466,400. This trade represents a 7.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Nikesh Arora bought 68,085 shares of Palo Alto Networks stock in a transaction that occurred on Friday, March 27th. The stock was purchased at an average cost of $146.87 per share, with a total value of $9,999,643.95. Following the completion of the transaction, the chief executive officer owned 343,394 shares of the company’s stock, valued at $50,434,276.78. This trade represents a 24.73% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold 94,760 shares of company stock valued at $21,660,063 over the last 90 days. Corporate insiders own 1.40% of the company’s stock.

Institutional Trading of Palo Alto Networks

A number of hedge funds and other institutional investors have recently made changes to their positions in PANW. Darwin Wealth Management LLC acquired a new stake in shares of Palo Alto Networks in the second quarter valued at $25,000. Steph & Co. increased its position in Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after purchasing an additional 67 shares during the period. Knuff & Co LLC acquired a new stake in Palo Alto Networks in the fourth quarter worth about $26,000. Sittner & Nelson LLC increased its position in Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after purchasing an additional 62 shares during the period. Finally, Luken Investment Analytics LLC increased its position in Palo Alto Networks by 196.2% in the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after purchasing an additional 102 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

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

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.