Palo Alto Networks (NASDAQ:PANW) Given New $330.00 Price Target at Royal Bank Of Canada

Palo Alto Networks (NASDAQ:PANW) had its target price raised by investment analysts at Royal Bank Of Canada from $255.00 to $330.00 in a research note issued on Wednesday,MarketScreener reports. The brokerage presently has an “outperform” rating on the network technology company’s stock. Royal Bank Of Canada’s target price would suggest a potential upside of 11.04% from the company’s current price.

Other equities analysts also recently issued research reports about the company. Stifel Nicolaus increased their price target on Palo Alto Networks from $185.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. UBS Group set a $300.00 price target on shares of Palo Alto Networks in a research note on Wednesday. Capital One Financial increased their price objective on shares of Palo Alto Networks from $168.00 to $248.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Scotiabank reissued a “sector outperform” rating on shares of Palo Alto Networks in a research note on Wednesday. Finally, Berenberg Bank set a $290.00 price target on Palo Alto Networks in a research note on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $283.02.

Palo Alto Networks Trading Down 1.1%

Shares of NASDAQ:PANW opened at $297.18 on Wednesday. Palo Alto Networks has a twelve month low of $139.57 and a twelve month high of $302.95. The company has a market cap of $242.50 billion, a PE ratio of 164.19, a price-to-earnings-growth ratio of 10.83 and a beta of 0.94. The company’s 50 day moving average is $195.20 and its 200 day moving average is $184.31.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The firm’s revenue was up 31.1% on a year-over-year basis. During the same quarter last year, the business earned $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. Equities research analysts predict that Palo Alto Networks will post 2.14 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director James J. Goetz sold 22,684 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $164.41, for a total value of $3,729,476.44. Following the transaction, the director directly owned 52,500 shares of the company’s stock, valued at $8,631,525. This trade represents a 30.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Nikesh Arora purchased 68,085 shares of the business’s stock in a transaction that occurred on Friday, March 27th. The shares were bought at an average price of $146.87 per share, for a total transaction of $9,999,643.95. Following the completion of the purchase, the chief executive officer directly owned 343,394 shares in the company, valued at $50,434,276.78. This represents a 24.73% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have sold 94,760 shares of company stock worth $21,660,063. 1.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Palo Alto Networks

Hedge funds and other institutional investors have recently made changes to their positions in the stock. First Nebraska Trust Co purchased a new stake in shares of Palo Alto Networks during the 1st quarter worth $534,000. Foguth Wealth Management LLC. purchased a new stake in Palo Alto Networks during the first quarter worth about $168,000. Financial Solutions Advisory Group Inc. acquired a new position in Palo Alto Networks during the first quarter worth about $296,000. Integrated Investment Consultants LLC increased its holdings in Palo Alto Networks by 4.8% in the first quarter. Integrated Investment Consultants LLC now owns 2,188 shares of the network technology company’s stock valued at $351,000 after buying an additional 100 shares in the last quarter. Finally, Blue Fin Capital Inc. lifted its position in shares of Palo Alto Networks by 11.2% during the 1st quarter. Blue Fin Capital Inc. now owns 2,536 shares of the network technology company’s stock valued at $407,000 after acquiring an additional 255 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks News Roundup

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Palo Alto Networks delivered a solid earnings beat, reporting EPS of $0.85 versus $0.79 expected on revenue of $3.0 billion versus $2.94 billion expected, with sales up 31.1% year over year. Article Title
• Positive Sentiment: Management lifted FY2026 and Q4 guidance above Wall Street forecasts, signaling stronger demand and better profitability ahead. Article Title
• Positive Sentiment: CEO Nikesh Arora said AI-related security concerns are driving more customer meetings and broader enterprise interest in Palo Alto’s platform, which supports the bull case for long-term growth. Article Title
• Positive Sentiment: Analysts turned more constructive after the results, with multiple firms raising price targets, including Needham, DA Davidson, Benchmark, BMO Capital, BTIG, Stephens, Loop Capital, and JPMorgan, reflecting improved confidence in PANW’s outlook. Article Title
• Neutral Sentiment: Loop Capital raised its price target to $290 but kept a “hold” rating, which suggests some upside has already been priced in after the stock’s sharp rally. Article Title
• Negative Sentiment: A small insider sale by the chief accounting officer may add a bit of headline pressure, though it is modest relative to the company’s recent strength. 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.