PANW FY2026 EPS Estimate Reduced by Northland Securities

Palo Alto Networks, Inc. (NASDAQ:PANW) – Equities researchers at Northland Securities cut their FY2026 earnings per share estimates for shares of Palo Alto Networks in a report issued on Wednesday, June 3rd. Northland Securities analyst N. Chokshi now expects that the network technology company will earn $1.97 per share for the year, down from their prior estimate of $2.07. Northland Securities has a “Market Perform” rating and a $302.00 price target on the stock. The consensus estimate for Palo Alto Networks’ current full-year earnings is $2.12 per share. Northland Securities also issued estimates for Palo Alto Networks’ Q4 2026 earnings at $0.46 EPS, Q3 2027 earnings at $0.37 EPS, Q4 2027 earnings at $0.47 EPS, FY2027 earnings at $1.77 EPS and FY2028 earnings at $2.30 EPS.

PANW has been the topic of several other reports. BNP Paribas Exane increased their target price on shares of Palo Alto Networks from $220.00 to $330.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Morgan Stanley boosted their price target on shares of Palo Alto Networks from $253.00 to $320.00 and gave the company an “overweight” rating in a research report on Wednesday, June 3rd. Guggenheim cut shares of Palo Alto Networks from a “neutral” rating to a “reduce” rating in a report on Wednesday, May 27th. Capital One Financial increased their price objective on Palo Alto Networks from $168.00 to $248.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 19th. Finally, Daiwa Securities Group dropped their price objective on Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $306.59.

Palo Alto Networks Price Performance

PANW stock opened at $260.52 on Wednesday. The firm has a 50 day moving average of $209.50 and a 200-day moving average of $187.35. The firm has a market capitalization of $212.32 billion, a P/E ratio of 213.54, a price-to-earnings-growth ratio of 9.45 and a beta of 0.94. Palo Alto Networks has a 12 month low of $139.57 and a 12 month high of $302.95. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW) 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.

Institutional Trading of Palo Alto Networks

A number of hedge funds have recently bought and sold shares of PANW. CBIZ Investment Advisory Services LLC grew its position in Palo Alto Networks by 39.7% during the third quarter. CBIZ Investment Advisory Services LLC now owns 176 shares of the network technology company’s stock valued at $36,000 after acquiring an additional 50 shares during the last quarter. Harold Davidson & Associates Inc. grew its holdings in shares of Palo Alto Networks by 5.0% during the 3rd quarter. Harold Davidson & Associates Inc. now owns 1,056 shares of the network technology company’s stock valued at $215,000 after purchasing an additional 50 shares during the last quarter. Princeton Capital Management LLC raised its position in Palo Alto Networks by 3.4% in the 3rd quarter. Princeton Capital Management LLC now owns 1,520 shares of the network technology company’s stock worth $310,000 after purchasing an additional 50 shares during the period. South Plains Financial Inc. lifted its stake in Palo Alto Networks by 1.0% in the third quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock worth $982,000 after purchasing an additional 50 shares during the last quarter. Finally, Fayez Sarofim & Co boosted its position in Palo Alto Networks by 1.2% during the third quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock valued at $878,000 after buying an additional 50 shares during the period. Institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling

In related news, CAO Josh D. Paul sold 1,100 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $161.40, for a total value of $177,540.00. Following the transaction, the chief accounting officer owned 83,136 shares of the company’s stock, valued at $13,418,150.40. This represents a 1.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John P. Key sold 1,572 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $173.32, for a total value of $272,459.04. Following the sale, the director owned 20,000 shares in the company, valued at $3,466,400. The trade was a 7.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 72,076 shares of company stock valued at $17,930,587 in the last three months. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks News Summary

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

• Positive Sentiment: Palo Alto Networks recently hit a $10 billion annual revenue run rate, reinforcing that the company has grown far beyond its legacy firewall roots and continues to scale as a cybersecurity platform. Palo Alto Networks Hits $10B Revenue Run Rate Beats S&P 500 Across All Timeframes
• Positive Sentiment: Cybersecurity remains a favored theme as AI adoption grows, with industry commentary suggesting autonomous AI agents will need security protection, which could expand the long-term market for PANW’s products. Zscaler CEO: AI Will Create ‘Billions of Agents’ That Need Cybersecurity Protection
• Neutral Sentiment: Northland Securities reiterated a Market Perform view and maintained a $302 price target, while modeling earnings of $0.45 per share for Q1 2027 and $0.48 for Q2 2027, suggesting steady expectations but no major near-term catalyst from the research note. Palo Alto Networks, Inc. market data
• Neutral Sentiment: Short interest data showed no meaningful change, so it does not appear to be a driver of the stock’s move today.
• Negative Sentiment: Recent post-earnings trading has been pressured by concerns that rising costs are weighing on margins, which is likely a key reason investors have been trimming the stock. PANW Stock Declines 9% Post Q3 Results: Should You Buy, Sell or Hold?

About Palo Alto Networks

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.