Palo Alto Networks (PANW) – Research Analysts’ Recent Ratings Updates

Palo Alto Networks (NASDAQ: PANW) has recently received a number of price target changes and ratings updates:

• 10/12/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $525.00 price target on the stock, up from $475.00.
• 10/8/2026 – Palo Alto Networks was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 10/2/2026 – Palo Alto Networks had its “buy” rating reaffirmed by TD Cowen. They now have a $440.00 price target on the stock, up from $400.00.
• 9/28/2026 – Palo Alto Networks had its price target raised by BTIG Research from $404.00 to $425.00. They now have a “buy” rating on the stock.
• 9/21/2026 – Palo Alto Networks was given a new $410.00 price target by Morgan Stanley. They now have an “overweight” rating on the stock.
• 9/17/2026 – Palo Alto Networks was downgraded by Sanford C. Bernstein from “outperform” to “market perform”. They now have a $351.00 price target on the stock, up from $253.00.
• 9/11/2026 – Palo Alto Networks is now covered by Wedbush. They set an “outperform” rating and a $400.00 price target on the stock.
• 9/8/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $425.00 price target on the stock.
• 9/7/2026 – Palo Alto Networks was downgraded by Citigroup Inc. from “buy” to “neutral”.
• 9/7/2026 – Palo Alto Networks was downgraded by Phillip Securities from “moderate buy” to “hold”. They now have a $346.00 price target on the stock, up from $320.00.
• 9/3/2026 – Palo Alto Networks had its price target lowered by HSBC Holdings plc from $201.00 to $190.00.
• 9/3/2026 – Palo Alto Networks had its “buy” rating reaffirmed by Argus. They now have a $425.00 price target on the stock.
• 9/2/2026 – Palo Alto Networks had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $390.00 price target on the stock, up from $371.00.
• 9/2/2026 – Palo Alto Networks was given a new $400.00 price target by Truist Financial Corporation.
• 9/2/2026 – Palo Alto Networks had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $430.00 price target on the stock, up from $350.00.
• 9/2/2026 – Palo Alto Networks was given a new $400.00 price target by Stephens. They now have an “equal weight” rating on the stock.
• 9/2/2026 – Palo Alto Networks was given a new $360.00 price target by Northland Securities. They now have a “market perform” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its “neutral” rating reaffirmed by Roth Capital. They now have a $300.00 price target on the stock, up from $210.00.
• 9/2/2026 – Palo Alto Networks had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $450.00 price target on the stock, up from $400.00.
• 9/2/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Piper Sandler. They now have a $410.00 price target on the stock, up from $345.00.
• 9/2/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $394.00 price target on the stock, up from $387.00.
• 9/2/2026 – Palo Alto Networks was given a new $420.00 price target by Robert W. Baird. They now have an “outperform” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its “buy” rating reaffirmed by TD Cowen.
• 9/2/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Barclays PLC. They now have a $375.00 price target on the stock, up from $370.00.
• 9/2/2026 – Palo Alto Networks had its “neutral” rating reaffirmed by Guggenheim.
• 9/2/2026 – Palo Alto Networks had its “market outperform” rating reaffirmed by Citigroup Inc..
• 9/2/2026 – Palo Alto Networks was downgraded by Scotiabank from “sector outperform” to “hold”.
• 9/2/2026 – Palo Alto Networks had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $253.00 price target on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by BNP Paribas Exane from $380.00 to $400.00. They now have an “outperform” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by Capital One Financial Corporation from $421.00 to $428.00. They now have an “overweight” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by Citigroup Inc. from $400.00 to $410.00. They now have a “buy” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by DA Davidson from $345.00 to $420.00. They now have a “buy” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by Royal Bank Of Canada from $434.00 to $475.00. They now have an “outperform” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by Susquehanna from $350.00 to $415.00. They now have a “positive” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by BTIG Research from $380.00 to $404.00. They now have a “buy” rating on the stock.
• 9/2/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $425.00 price target on the stock.
• 9/2/2026 – Palo Alto Networks had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $425.00 price target on the stock.
• 9/2/2026 – Palo Alto Networks had its price target raised by Rosenblatt Securities from $355.00 to $415.00. They now have a “buy” rating on the stock.
• 9/1/2026 – Palo Alto Networks had its “hold (c-)” rating reaffirmed by Weiss Ratings.
• 8/31/2026 – Palo Alto Networks had its “outperform” rating reaffirmed by Scotiabank. They now have a $430.00 price target on the stock, up from $320.00.
• 8/31/2026 – Palo Alto Networks had its “outperform” rating reaffirmed by Evercore Inc.
• 8/31/2026 – Palo Alto Networks had its price target raised by Scotiabank from $320.00 to $430.00. They now have a “sector outperform” rating on the stock.
• 8/28/2026 – Palo Alto Networks had its “buy” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $450.00 price target on the stock, up from $335.00.
• 8/26/2026 – Palo Alto Networks had its “buy” rating reaffirmed by BTIG Research. They now have a $380.00 price target on the stock.
• 8/25/2026 – Palo Alto Networks had its price target raised by JPMorgan Chase & Co. from $326.00 to $384.00. They now have an “overweight” rating on the stock.
• 8/24/2026 – Palo Alto Networks had its price target raised by Benchmark Co. from $340.00 to $400.00. They now have a “buy” rating on the stock.
• 8/21/2026 – Palo Alto Networks had its price target raised by Loop Capital from $290.00 to $350.00. They now have a “hold” rating on the stock.
• 8/20/2026 – Palo Alto Networks had its “outperform” rating reaffirmed by BMO Capital Markets. They now have a $415.00 price target on the stock, up from $335.00.
• 8/19/2026 – Palo Alto Networks had its “neutral” rating reaffirmed by UBS Group AG. They now have a $390.00 price target on the stock, up from $300.00.
• 8/19/2026 – Palo Alto Networks was given a new $415.00 price target by Mizuho. They now have an “outperform” rating on the stock.
• 8/19/2026 – Palo Alto Networks was given a new $435.00 price target by Truist Financial Corporation. They now have a “buy” rating on the stock.
• 8/19/2026 – Palo Alto Networks was given a new $415.00 price target by Stifel Nicolaus. They now have a “buy” rating on the stock.
• 8/19/2026 – Palo Alto Networks had its price target raised by Cantor Fitzgerald from $340.00 to $425.00. They now have an “overweight” rating on the stock.
• 8/18/2026 – Palo Alto Networks was given a new $415.00 price target by New Street Research.
• 8/17/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $475.00 price target on the stock, up from $420.00.
• 8/17/2026 – Palo Alto Networks was given a new $400.00 price target by Morgan Stanley.
• 8/17/2026 – Palo Alto Networks had its price target raised by TD Cowen from $360.00 to $400.00. They now have a “buy” rating on the stock.
• 8/14/2026 – Palo Alto Networks had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $434.00 price target on the stock, up from $330.00.

Insider Buying and Selling

In related news, EVP Dipak Golechha sold 27,500 shares of the company’s stock in a transaction that occurred on Thursday, September 24th. The stock was sold at an average price of $391.60, for a total value of $10,769,000.00. Following the transaction, the executive vice president directly owned 117,750 shares of the company’s stock, valued at approximately $46,110,900. This represents a 18.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Josh Paul sold 900 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $373.68, for a total value of $336,312.00. Following the sale, the chief accounting officer owned 72,484 shares in the company, valued at approximately $27,085,821.12. This represents a 1.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 54,210 shares of company stock worth $20,823,029 over the last 90 days. 1.40% of the stock is currently owned by company insiders.

Palo Alto Networks, Inc is a cybersecurity company that provides solutions designed to help organizations protect networks, endpoints, cloud environments, applications and users from cyber threats. Its offerings include next-generation firewalls, cloud-delivered security services, secure access service edge (SASE) solutions, endpoint protection and security operations tools.

The company also provides platforms and services for cloud security, threat intelligence, incident response, vulnerability management and the automation of security operations.