What is DA Davidson's Forecast for PANW FY2026 Earnings?

Key Points

• DA Davidson has lowered its FY2026 EPS forecast for Palo Alto Networks from $2.07 to $2.03, maintaining a "Buy" rating with a price target of $215.00.
• The network technology company reported $0.80 EPS for its last quarter, exceeding consensus estimates, with revenue increasing by 15.3% year-over-year.
• Palo Alto Networks' stock has seen varying price targets from multiple analysts, with a consensus rating of "Moderate Buy" and an average price target of $209.61.

Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) - Stock analysts at DA Davidson cut their FY2026 earnings per share (EPS) estimates for shares of Palo Alto Networks in a research report issued to clients and investors on Thursday, July 31st. DA Davidson analyst R. Kessinger now forecasts that the network technology company will earn $2.03 per share for the year, down from their previous forecast of $2.07. DA Davidson has a "Buy" rating and a $215.00 price target on the stock. The consensus estimate for Palo Alto Networks' current full-year earnings is $1.76 per share.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings data on Tuesday, May 20th. The network technology company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.77 by $0.03. Palo Alto Networks had a net margin of 13.95% and a return on equity of 19.48%. The business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period last year, the business posted $0.66 earnings per share. Palo Alto Networks's quarterly revenue was up 15.3% compared to the same quarter last year.

Several other equities analysts have also issued reports on the stock. Rosenblatt Securities reiterated a "buy" rating and set a $235.00 target price on shares of Palo Alto Networks in a report on Thursday, July 31st. Sanford C. Bernstein set a $225.00 price target on shares of Palo Alto Networks and gave the company an "outperform" rating in a research report on Wednesday, May 21st. Roth Capital began coverage on shares of Palo Alto Networks in a research report on Thursday, May 15th. They set a "neutral" rating and a $210.00 price target for the company. HSBC raised shares of Palo Alto Networks from a "reduce" rating to a "hold" rating and set a $156.00 price target for the company in a research report on Thursday, April 10th. Finally, Northland Securities reduced their price target on shares of Palo Alto Networks from $210.00 to $177.00 and set a "market perform" rating for the company in a research report on Wednesday, May 21st. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twenty-six have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $209.61.

Palo Alto Networks Price Performance

PANW traded down $1.91 on Monday, hitting $169.09. The company had a trading volume of 8,616,347 shares, compared to its average volume of 8,927,980. The stock has a fifty day simple moving average of $195.73 and a 200-day simple moving average of $187.32. Palo Alto Networks has a 52-week low of $144.15 and a 52-week high of $210.39. The firm has a market capitalization of $112.75 billion, a P/E ratio of 96.62, a P/E/G ratio of 4.06 and a beta of 0.94.

Institutional Investors Weigh In On Palo Alto Networks

A number of hedge funds and other institutional investors have recently bought and sold shares of PANW. Transce3nd LLC acquired a new position in Palo Alto Networks during the fourth quarter worth about $25,000. Strategic Investment Solutions Inc. IL boosted its position in Palo Alto Networks by 64.0% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 141 shares of the network technology company's stock worth $26,000 after acquiring an additional 55 shares during the last quarter. Whipplewood Advisors LLC boosted its position in Palo Alto Networks by 6,400.0% during the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company's stock worth $27,000 after acquiring an additional 128 shares during the last quarter. Anchor Investment Management LLC boosted its position in Palo Alto Networks by 100.0% during the fourth quarter. Anchor Investment Management LLC now owns 156 shares of the network technology company's stock worth $28,000 after acquiring an additional 78 shares during the last quarter. Finally, Briaud Financial Planning Inc acquired a new position in Palo Alto Networks during the second quarter worth about $28,000. Hedge funds and other institutional investors own 79.82% of the company's stock.

Insider Activity

In other news, Director Aparna Bawa sold 526 shares of the company's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $190.00, for a total transaction of $99,940.00. Following the sale, the director directly owned 8,632 shares in the company, valued at approximately $1,640,080. This represents a 5.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 600 shares of the company's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $204.00, for a total transaction of $122,400.00. Following the sale, the chief accounting officer owned 41,433 shares in the company, valued at $8,452,332. This represents a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 669,248 shares of company stock worth $126,423,337. 2.50% of the stock is owned by insiders.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.