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A Quick Look at Today's Ratings for Palo Alto Networks(PANW.US), With a Forecast Between $291 to $455

Futu News ·  Nov 22 21:00  · Ratings

On Nov 22, major Wall Street analysts update their ratings for $Palo Alto Networks (PANW.US)$, with price targets ranging from $291 to $455.

Morgan Stanley analyst Hamza Fodderwala maintains with a buy rating, and maintains the target price at $446.

Goldman Sachs analyst Gabriela Borges maintains with a buy rating, and adjusts the target price from $425 to $421.

Citi analyst Fatima Boolani maintains with a buy rating, and maintains the target price at $432.

Deutsche Bank analyst Brad Zelnick maintains with a buy rating, and adjusts the target price from $395 to $415.

Jefferies analyst Joseph Gallo maintains with a buy rating, and maintains the target price at $450.

Furthermore, according to the comprehensive report, the opinions of $Palo Alto Networks (PANW.US)$'s main analysts recently are as follows:

  • Palo Alto Networks exhibited solid remaining performance obligation and annual recurring revenue which surpassed expectations, according to analysts. The performance was deemed sufficient to constitute a respectable financial disclosure. The company acknowledged a more constructive outlook on its products, robust prospects for Cortex, and significant renewal cycles expected in fiscal 2026 and 2027, which are anticipated to support ongoing positive revisions to estimates.

  • Palo Alto Networks reported a strong quarter, highlighted by better-than-expected NGS ARR, product revenue growth, and free cash flow generation. While estimates were increased, it is believed that the current multiple already reflects the company's strong results, and sees limited upside for the stock.

  • Palo Alto Networks continues to perform strongly as more customers consolidate on its platform. Although there was a weaker performance in billings, the underlying demand trends appear to be stable. Additionally, the existing QRadar customer base provides a significant conversion opportunity for Palo Alto Networks moving forward.

  • Palo Alto Networks reported robust F1Q25 outcomes, featuring a 40% growth in Next Generation Security ARR and a 20% increase in RPO. The continued platformization is driving ARR expansion, leading the company to raise its 2025 guidance.

  • Palo Alto Networks has exhibited a robust start to FY25, marked by performance metrics like revenue, annual recurring revenue, remaining performance obligation, and profitability surpassing consensus expectations. The company's continuous advancement in platformization has been noteworthy, particularly with the addition of over 70 customers in the first quarter.

Here are the latest investment ratings and price targets for $Palo Alto Networks (PANW.US)$ from 16 analysts:

StockTodayLatestRating_nn_206276_20241122_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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