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

Several brokerages have updated their recommendations and price targets on shares of Palo Alto Networks (NASDAQ: PANW) in the last few weeks:

• 1/13/2026 – Palo Alto Networks was given a new $215.00 price target on by analysts at UBS Group AG. They now have a “neutral” rating on the stock.
• 1/12/2026 – Palo Alto Networks had its “buy” rating reaffirmed by analysts at Citigroup Inc..
• 1/5/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $265.00 price target on the stock, up previously from $230.00.
• 12/29/2025 – Palo Alto Networks had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 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.

Insiders Place Their Bets

In other news, CAO Josh D. Paul sold 800 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $184.81, for a total transaction of $147,848.00. Following the transaction, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at $8,502,184.05. This represents a 1.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $217.94, for a total value of $26,321,485.56. Following the sale, the executive vice president owned 356,409 shares of the company’s stock, valued at approximately $77,675,777.46. This trade represents a 25.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 382,016 shares of company stock worth $76,386,460 in the last 90 days. Corporate insiders own 1.40% of the company’s stock.

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.