Palo Alto Networks (NASDAQ:PANW) Stock Price Expected to Rise, TD Cowen Analyst Says

Key Points

• TD Cowen raised Palo Alto Networks’ price target to $400 from $360 and maintained a “buy” rating, implying 5.53% upside from the reported trading price.
• Analyst sentiment remains broadly positive: MarketBeat reports a consensus “Moderate Buy” rating and an average price target of $342.61, with 41 analysts issuing Strong Buy or Buy ratings.
• Palo Alto Networks recently exceeded quarterly expectations, reporting $0.85 in EPS and $3 billion in revenue, up 31.1% year over year; however, insiders have sold approximately $27.2 million of shares over the past 90 days.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) had its target price raised by research analysts at TD Cowen from $360.00 to $400.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has a "buy" rating on the network technology company's stock. TD Cowen's price objective would indicate a potential upside of 5.53% from the company's current price.

A number of other analysts have also weighed in on PANW. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $434.00 target price (up from $330.00) on shares of Palo Alto Networks in a report on Friday. Needham & Company LLC raised their price target on shares of Palo Alto Networks from $350.00 to $425.00 and gave the company a "buy" rating in a report on Tuesday, July 7th. UBS Group set a $300.00 price target on shares of Palo Alto Networks and gave the company a "neutral" rating in a research report on Wednesday, June 3rd. Benchmark upped their price target on shares of Palo Alto Networks from $270.00 to $340.00 and gave the stock a "buy" rating in a report on Wednesday, June 3rd. Finally, William Blair reiterated an "outperform" rating on shares of Palo Alto Networks in a research report on Tuesday, June 16th. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $342.61.

Palo Alto Networks Price Performance

PANW traded down $5.23 during trading on Monday, reaching $379.04. 1,164,712 shares of the company were exchanged, compared to its average volume of 8,730,089. Palo Alto Networks has a 12-month low of $139.57 and a 12-month high of $398.88. The company's 50-day moving average is $328.02 and its two-hundred day moving average is $235.70. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a market cap of $308.92 billion, a price-to-earnings ratio of 309.60, a P/E/G ratio of 12.89 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the previous year, the firm earned $0.37 EPS. The company's quarterly revenue 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. Research analysts forecast that Palo Alto Networks will post 2.02 earnings per share for the current fiscal year.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the sale, the executive vice president owned 145,250 shares of the company's stock, valued at $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John P. Key sold 7,500 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.24, for a total value of $2,094,300.00. Following the transaction, the director owned 12,500 shares in the company, valued at $3,490,500. This trade represents a 37.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 101,239 shares of company stock worth $27,174,360. Company insiders own 1.40% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks in the second quarter worth $25,000. Knuff & Co LLC bought a new position in shares of Palo Alto Networks during the fourth quarter valued at about $26,000. Solstein Capital LLC bought a new position in shares of Palo Alto Networks during the second quarter valued at about $26,000. Sittner & Nelson LLC increased its holdings in shares of 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 buying an additional 62 shares during the period. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Palo Alto Networks in the 2nd quarter valued at about $27,000. 79.82% of the stock is currently owned by institutional investors.

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.

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