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BTIG Research Forecasts Strong Price Appreciation for Palo Alto Networks (NASDAQ:PANW) Stock

Summary by MarketBeat
BTIG Research upped their price target on Palo Alto Networks from $380.00 to $404.00 and gave the stock a "buy" rating in a research note on Wednesday.

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Global cybersecurity firm Palo Alto Networks posted earnings that exceeded market expectations, driven by growing demand for AI-based security. However, the stock price fell as concerns over slowing profitability emerged. According to The Information and MarketWatch on the 1st (local time), Palo Alto's revenue for the fourth quarter (May–July) of fiscal year 2026 was $3.41 billion (approximately 4.7 trillion won), a 34% increase from the same pe…

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The Palo Alto Networks (PANW) shares closed the session on September 1st at $ 362.09, falling from the maximum intradays of 375.92 touched before the quarterly. The guidance FY27 between 14.1 and 14.2 billion convinced the fundamentals, but the price action remains lukewarm: CNBC has defined the reaction of the market. PANW

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  • 75% of the sources lean Right
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Investor's Business Daily broke the news in Los Angeles, United States on Tuesday, September 1, 2026.
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