Palo Alto Networks’ (PANW) Buy Rating Reiterated at BTIG Research

BTIG Research reissued their buy rating on shares of Palo Alto Networks (NASDAQ:PANW) in a report released on Monday,Benzinga reports. BTIG Research currently has a $248.00 target price on the network technology company’s stock.

A number of other equities research analysts have also recently weighed in on the stock. TD Cowen lifted their price objective on shares of Palo Alto Networks from $230.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Sanford C. Bernstein set a $207.00 target price on shares of Palo Alto Networks and gave the company an “outperform” rating in a research note on Tuesday, August 19th. Tigress Financial initiated coverage on shares of Palo Alto Networks in a research report on Friday, September 26th. They set a “buy” rating and a $245.00 price target on the stock. JMP Securities increased their price objective on shares of Palo Alto Networks from $212.00 to $250.00 and gave the company a “market outperform” rating in a report on Monday, October 27th. Finally, Bank of America raised their price objective on shares of Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, October 20th. Twenty-nine equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $224.14.

Palo Alto Networks Trading Down 0.5%

Shares of NASDAQ:PANW opened at $199.90 on Monday. The firm’s 50 day moving average is $209.31 and its two-hundred day moving average is $197.43. Palo Alto Networks has a 52 week low of $144.15 and a 52 week high of $223.61. The firm has a market capitalization of $136.73 billion, a P/E ratio of 124.55, a PEG ratio of 4.78 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Wednesday, November 19th. The network technology company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. The business had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.46 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.56 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.800-3.900 EPS. Q2 2026 guidance at 0.930-0.950 EPS. Analysts predict that Palo Alto Networks will post 1.76 EPS for the current year.

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the transaction, the executive vice president owned 96,135 shares in the company, valued at approximately $19,629,805.65. This trade represents a 4.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $219.97, for a total transaction of $153,979.00. Following the completion of the sale, the chief accounting officer owned 47,505 shares of the company’s stock, valued at $10,449,674.85. This represents a 1.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,215,130 shares of company stock worth $249,031,488. Company insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PANW. Klingman & Associates LLC boosted its position in Palo Alto Networks by 2.2% during the third quarter. Klingman & Associates LLC now owns 2,131 shares of the network technology company’s stock worth $434,000 after acquiring an additional 46 shares during the last quarter. Contravisory Investment Management Inc. raised its holdings in Palo Alto Networks by 1.8% in the 3rd quarter. Contravisory Investment Management Inc. now owns 2,742 shares of the network technology company’s stock valued at $558,000 after acquiring an additional 48 shares during the last quarter. Mattern Wealth Management LLC lifted its stake in Palo Alto Networks by 2.9% in the 3rd quarter. Mattern Wealth Management LLC now owns 1,692 shares of the network technology company’s stock worth $345,000 after purchasing an additional 48 shares in the last quarter. St. Clair Advisors LLC boosted its holdings in shares of Palo Alto Networks by 0.3% during the 2nd quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock worth $3,233,000 after purchasing an additional 50 shares during the last quarter. Finally, Astoria Portfolio Advisors LLC. grew its position in shares of Palo Alto Networks by 2.1% in the second quarter. Astoria Portfolio Advisors LLC. now owns 2,467 shares of the network technology company’s stock valued at $496,000 after purchasing an additional 50 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

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.