Palo Alto Networks (PANW) – Research Analysts’ Weekly Ratings Changes

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

• 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.
• 8/12/2026 – Palo Alto Networks had its “market outperform” rating reaffirmed by Citigroup Inc..
• 8/12/2026 – Palo Alto Networks had its price target raised by Citizens Jmp from $320.00 to $415.00. They now have a “market outperform” rating on the stock.
• 8/6/2026 – Palo Alto Networks had its “buy” rating reaffirmed by TD Cowen.
• 8/5/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Barclays PLC. They now have a $370.00 price target on the stock, up from $315.00.
• 8/4/2026 – Palo Alto Networks had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $400.00 price target on the stock, up from $350.00.
• 7/21/2026 – Palo Alto Networks was given a new $425.00 price target by Argus. They now have a “buy” rating on the stock.
• 7/21/2026 – Palo Alto Networks had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $387.00 price target on the stock, up from $320.00.
• 7/16/2026 – Palo Alto Networks was given a new $421.00 price target by Capital One Financial Corporation. They now have an “overweight” rating on the stock.
• 7/16/2026 – Palo Alto Networks was upgraded by Capital One Financial Corporation from “equal weight” to “overweight”. They now have a $421.00 price target on the stock.
• 7/15/2026 – Palo Alto Networks had its price target raised by Tigress Financial from $245.00 to $430.00. They now have a “buy” rating on the stock.
• 7/13/2026 – Palo Alto Networks had its “buy” rating reaffirmed by Citigroup Inc.. They now have a $400.00 price target on the stock, up from $340.00.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, Director Aparna Bawa sold 632 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $318.67, for a total transaction of $201,399.44. Following the completion of the sale, the director directly owned 6,727 shares of the company’s stock, valued at approximately $2,143,693.09. The trade was a 8.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Helle Thorning-Schmidt sold 700 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total transaction of $242,795.00. Following the completion of the transaction, the director directly owned 5,898 shares in the company, valued at $2,045,721.30. This trade represents a 10.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,667 shares of company stock worth $3,058,443 in the last ninety days. 1.40% of the stock is currently owned by insiders.

Palo Alto Networks, Inc is a cybersecurity company that provides security products and services to businesses, governments and other organizations worldwide. The company helps customers protect networks, cloud environments, endpoints, applications and connected devices from cyber threats.

Its portfolio includes next-generation firewalls and network security technologies, as well as cloud-delivered security solutions such as Prisma Access and Prisma Cloud. Palo Alto Networks also offers Cortex products for endpoint protection, security operations, threat detection and response, and automation.