Recent Investment Analysts’ Ratings Changes for Palo Alto Networks (PANW)

A number of firms have modified their ratings and price targets on shares of Palo Alto Networks (NASDAQ: PANW) recently:

• 12/22/2025 – Palo Alto Networks had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 12/19/2025 – Palo Alto Networks was given a new $240.00 price target on by analysts at DA Davidson.
• 12/18/2025 – Palo Alto Networks had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $245.00 price target on the stock, up previously from $228.00.
• 12/17/2025 – Palo Alto Networks had its “buy” rating reaffirmed by analysts at BTIG Research.
• 12/17/2025 – Palo Alto Networks had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $235.00 price target on the stock.
• 12/16/2025 – Palo Alto Networks was given a new $220.00 price target on by analysts at Mizuho.
• 12/15/2025 – Palo Alto Networks had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 12/15/2025 – Palo Alto Networks had its “market outperform” rating reaffirmed by analysts at Citigroup Inc..
• 12/15/2025 – Palo Alto Networks had its price target raised by analysts at Wolfe Research from $225.00 to $250.00. They now have an “outperform” rating on the stock.
• 12/8/2025 – Palo Alto Networks had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 11/25/2025 – Palo Alto Networks had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 11/24/2025 – Palo Alto Networks had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald.
• 11/20/2025 – Palo Alto Networks was downgraded by analysts at HSBC Holdings plc from a “hold” rating to a “reduce” rating. They now have a $157.00 price target on the stock.
• 11/20/2025 – Palo Alto Networks had its “buy” rating reaffirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $240.00 price target on the stock, up previously from $236.00.
• 11/20/2025 – Palo Alto Networks had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $230.00 price target on the stock, up previously from $225.00.
• 11/20/2025 – Palo Alto Networks had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a $220.00 price target on the stock, down previously from $230.00.
• 11/20/2025 – Palo Alto Networks was downgraded by analysts at Hsbc Global Res from a “hold” rating to a “moderate sell” rating.
• 11/20/2025 – Palo Alto Networks had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings, Inc.. They now have a $245.00 price target on the stock.
• 11/20/2025 – Palo Alto Networks had its “hold” rating reaffirmed by analysts at Westpark Capital.
• 11/20/2025 – Palo Alto Networks had its price target raised by analysts at Stephens from $205.00 to $215.00. They now have an “equal weight” rating on the stock.
• 11/20/2025 – Palo Alto Networks had its price target raised by analysts at Northland Securities from $177.00 to $190.00. They now have a “market perform” rating on the stock.
• 11/20/2025 – Palo Alto Networks had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $225.00 price target on the stock.
• 11/20/2025 – Palo Alto Networks had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $230.00 price target on the stock.
• 11/20/2025 – Palo Alto Networks had its price target raised by analysts at Sanford C. Bernstein from $207.00 to $210.00. They now have an “outperform” rating on the stock.
• 11/18/2025 – Palo Alto Networks had its price target raised by analysts at Rosenblatt Securities from $225.00 to $250.00. They now have a “buy” rating on the stock.
• 11/17/2025 – Palo Alto Networks had its price target raised by analysts at Cantor Fitzgerald from $223.00 to $250.00. They now have an “overweight” rating on the stock.
• 11/17/2025 – Palo Alto Networks had its price target raised by analysts at DA Davidson from $215.00 to $240.00. They now have a “buy” rating on the stock.
• 11/17/2025 – Palo Alto Networks had its price target raised by analysts at Mizuho from $220.00 to $230.00. They now have an “outperform” rating on the stock.
• 11/17/2025 – Palo Alto Networks had its “buy” rating reaffirmed by analysts at BTIG Research. They now have a $248.00 price target on the stock.
• 11/17/2025 – Palo Alto Networks had its price target raised by analysts at BMO Capital Markets from $225.00 to $230.00. They now have an “outperform” rating on the stock.
• 11/14/2025 – Palo Alto Networks had its price target raised by analysts at Robert W. Baird from $230.00 to $240.00. They now have an “outperform” rating on the stock.
• 11/13/2025 – Palo Alto Networks had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 11/13/2025 – Palo Alto Networks had its price target raised by analysts at UBS Group AG from $200.00 to $230.00. They now have a “neutral” rating on the stock.
• 11/13/2025 – Palo Alto Networks had its price target raised by analysts at TD Cowen from $230.00 to $255.00. They now have a “buy” rating on the stock.
• 11/13/2025 – Palo Alto Networks had its price target raised by analysts at Morgan Stanley from $216.00 to $228.00. They now have an “overweight” rating on the stock.
• 11/13/2025 – Palo Alto Networks had its price target raised by analysts at Evercore ISI from $220.00 to $250.00. They now have an “outperform” rating on the stock.
• 11/12/2025 – Palo Alto Networks had its price target raised by analysts at Royal Bank Of Canada from $232.00 to $250.00. They now have an “outperform” rating on the stock.
• 11/11/2025 – Palo Alto Networks was given a new $250.00 price target on by analysts at UBS Group AG.
• 11/11/2025 – Palo Alto Networks had its “buy” rating reaffirmed by analysts at Jefferies Financial Group Inc.. They now have a $250.00 price target on the stock, up previously from $235.00.
• 11/10/2025 – Palo Alto Networks had its price target raised by analysts at Barclays PLC from $215.00 to $230.00. They now have an “overweight” rating on the stock.
• 10/27/2025 – Palo Alto Networks had its “outperform” rating reaffirmed by analysts at Citigroup Inc..
• 10/27/2025 – Palo Alto Networks had its price target raised by analysts at JMP Securities from $212.00 to $250.00. They now have a “market outperform” rating on the stock.

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $191.91, for a total value of $23,177,738.34. Following the completion of the transaction, the executive vice president directly owned 327,645 shares in the company, valued at approximately $62,878,351.95. This represents a 26.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 700 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $189.39, for a total value of $132,573.00. Following the transaction, the chief accounting officer owned 46,805 shares in the company, valued at $8,864,398.95. This trade represents a 1.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 376,922 shares of company stock worth $77,963,339. 1.40% of the stock is owned by insiders.

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.