Palo Alto Networks (PANW) Stock Forecast & Price Target

$392.89 +4.83 (+1.24%)

(As of 11/20/2024 ET)

Palo Alto Networks - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 43 Analyst Ratings

Sell
1

Hold
10

Buy
32

Based on 43 Wall Street analysts who have issued ratings for Palo Alto Networks in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 43 analysts, 1 has given a sell rating, 10 have given a hold rating, 30 have given a buy rating, and 2 have given a strong buy rating for PANW.

Consensus Price Target

$392.95
0.01% Upside

According to the 43 analysts' twelve-month price targets for Palo Alto Networks, the average price target is $392.95. The highest price target for PANW is $455.00, while the lowest price target for PANW is $285.00. The average price target represents a forecasted upside of 0.01% from the current price of $392.89.

Get the Latest News and Ratings for PANW and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Palo Alto Networks and its competitors.

PANW Analyst Ratings Over Time

Type	Current Forecast 11/22/23 to 11/21/24	1 Month Ago 10/23/23 to 10/22/24	3 Months Ago 8/24/23 to 8/23/24	1 Year Ago 11/22/22 to 11/22/23
Strong Buy	2 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	30 Buy rating(s)	29 Buy rating(s)	29 Buy rating(s)	36 Buy rating(s)
Hold	10 Hold rating(s)	11 Hold rating(s)	12 Hold rating(s)	4 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$392.95	$376.82	$363.49	$276.58
Forecasted Upside	0.01% Upside	0.19% Upside	3.63% Upside	5.11% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners (Ad)

Trump quietly left open an "off the books" wealth-protection loophole hidden in the 6,871 pages of the IRS Tax Code… And since then… "In the know" patriots have quietly used this same "Trump revenge loophole" to shield their life savings from Bidenomics…

Get Your Free Gold Guide

PANW Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PANW Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Palo Alto Networks Stock vs. The Competition

Type	Palo Alto Networks	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.74	2.68	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-0.25% Downside	552.66% Upside	9.81% Upside
News Sentiment Rating	Positive News See Recent PANW News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/21/2024	Rosenblatt Securities 3 of 5 stars		Upgrade	Neutral ➝ Buy	$390.00 ➝ $430.00	+9.45%
11/19/2024	Jefferies Financial Group 2 of 5 stars		Boost Target	Buy ➝ Buy	$400.00 ➝ $450.00	+16.21%
11/18/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$387.00 ➝ $449.00	+15.29%
11/18/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$400.00 ➝ $425.00	+9.13%
11/18/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$395.00 ➝ $455.00	+16.80%
11/15/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$385.00 ➝ $425.00	+7.76%
Get the Latest News and Ratings for PANW and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Palo Alto Networks and its competitors with MarketBeat's FREE daily newsletter.
11/14/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$385.00 ➝ $440.00	+10.83%
11/11/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$410.00 ➝ $425.00	+7.21%
11/7/2024	OTR Global Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Mixed ➝ Negative
11/4/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Outperform ➝ Market Outperform	$380.00 ➝ $380.00	+5.18%
11/1/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Ruykhaver Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
10/22/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$410.00 ➝ $450.00	+20.06%
10/18/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$400.00 ➝ $435.00	+15.65%
10/11/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$390.00 ➝ $421.00	+13.97%
10/8/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Degasperi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$410.00	+15.84%
10/8/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$376.00 ➝ $425.00	+20.08%
9/5/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Positive ➝ Positive	$340.00 ➝ $420.00	+22.63%
8/21/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$370.00 ➝ $400.00	+9.21%
8/20/2024	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$275.00 ➝ $350.00	-6.28%
8/20/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$385.00 ➝ $395.00	+6.51%
8/20/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$350.00 ➝ $400.00	+8.23%
8/20/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Outperform ➝ Sector Outperform	$385.00 ➝ $400.00	+9.38%
8/20/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Kessinger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$380.00 ➝ $415.00	+20.86%
8/20/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$385.00 ➝ $416.00	+21.16%
8/20/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$345.00 ➝ $355.00	+3.39%
8/20/2024	Westpark Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
8/20/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$334.00 ➝ $390.00	+13.58%
8/20/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$330.00 ➝ $395.00	+15.04%
8/20/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$345.00 ➝ $385.00	+12.13%
8/20/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$300.00 ➝ $330.00	-3.89%
8/20/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$364.00 ➝ $399.00	+16.20%
8/20/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$366.00 ➝ $395.00	+15.04%
8/20/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$390.00 ➝ $410.00	+19.41%
8/16/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$375.00 ➝ $375.00	+11.88%
7/18/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating	N. Marques Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$350.00 ➝ $325.00	-2.15%
5/29/2024	Daiwa America Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Ueno Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
5/29/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Bonner Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$336.00 ➝ $348.00	+13.71%
5/29/2024	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$350.00	+13.63%
5/21/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$270.00 ➝ $285.00	-10.49%
2/21/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$405.00 ➝ $350.00	+29.36%
My #1 Pre IPO Trade for 2025 – NAME and TICKER (Ad) One tiny company... Could quickly become "the next SpaceX." It plans to go public on the NASDAQ. And today you can buy Pre-IPO shares for less than $4.00. Get urgent details inside this free report... The Next SpaceX Pre-IPO
2/21/2024	Capital One Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight	$302.00	-17.51%
2/21/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$300.00	-18.05%
12/18/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
10/18/2023	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$310.00	+18.44%
9/29/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$242.00	+2.90%
6/8/2023	58.com Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
5/24/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$210.00 ➝ $225.00	+10.78%
5/24/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$235.00 ➝ $260.00	+37.03%
2/22/2023	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$220.00 ➝ $230.00	+22.58%
2/21/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Trebnick Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	$220.00 ➝ $230.00	+37.82%
1/17/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
12/1/2022	Redburn Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$270.00	+58.92%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:02 AM ET.

Should I Buy Palo Alto Networks Stock? PANW Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, November 14, 2024. Please send any questions or comments about these Palo Alto Networks pros and cons to contact@marketbeat.com.

Palo Alto Networks
Bull Case

Here are some ways that investors could benefit from investing in Palo Alto Networks, Inc.:

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide, which is a growing industry due to increasing cyber threats and data breaches.
The company offers firewall appliances and software, essential tools for protecting networks from cyber attacks.
Palo Alto Networks, Inc. offers Panorama, a security management solution for global control of network security platforms, providing comprehensive security management.
Subscription services offered by Palo Alto Networks, Inc. provide recurring revenue streams, which can lead to stable and predictable income for investors.
Recent developments in Palo Alto Networks, Inc. have shown a strong financial performance, with the current stock price reflecting positive investor sentiment.

Palo Alto Networks
Bear Case

Investors should be bearish about investing in Palo Alto Networks, Inc. for these reasons:

While cybersecurity is a growing industry, it is also highly competitive, with many players vying for market share, which could impact Palo Alto Networks, Inc.'s growth potential.
The reliance on subscription services for revenue could make Palo Alto Networks, Inc. vulnerable to changes in customer preferences or market conditions.
Some analysts have raised concerns about the valuation of Palo Alto Networks, Inc. stock, suggesting that it may be overvalued compared to its peers in the cybersecurity sector.
Market volatility and economic uncertainties could impact Palo Alto Networks, Inc.'s stock price, leading to potential losses for investors.
While the company has shown strong financial performance recently, past performance is not indicative of future results, and investors should consider potential risks before investing.

PANW Forecast - Frequently Asked Questions

: According to the research reports of 43 Wall Street equities research analysts, the average twelve-month stock price forecast for Palo Alto Networks is $392.95, with a high forecast of $455.00 and a low forecast of $285.00.
: 43 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Palo Alto Networks in the last year. There is currently 1 sell rating, 10 hold ratings, 30 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PANW shares.
: According to analysts, Palo Alto Networks's stock has a predicted upside of 0.01% based on their 12-month stock forecasts.
: Over the previous 90 days, Palo Alto Networks's stock had 2 upgrades by analysts.
: Palo Alto Networks has been rated by research analysts at Barclays, BNP Paribas, Cantor Fitzgerald, Evercore ISI, Jefferies Financial Group, JMP Securities, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Needham & Company LLC, Northland Securities, Oppenheimer, OTR Global, Robert W. Baird, Rosenblatt Securities, Stifel Nicolaus, Susquehanna, The Goldman Sachs Group, and Truist Financial in the past 90 days.
: Analysts like Palo Alto Networks more than other "computer and technology" companies. The consensus rating score for Palo Alto Networks is 2.77 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how PANW compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners (Ad)

The "Fake Media" has completely ignored Trump's genius "victory gift" to all America First patriots like you. A tax-free gift so powerful it could reshape the financial destinies of millions of IRA and 401(k) owners…

Claim your FREE 2024 Gold Guide

This page (NASDAQ:PANW) was last updated on 11/21/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Palo Alto Networks (PANW) Stock Forecast & Price Target