Palo Alto Networks (PANW) Gets Massive Upward Price Target Revisions, Here’s Why PANW Stock Should Be In Your Portfolio

Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the 10 AI Stocks That Are Surging. Palo Alto Networks, Inc. (NASDAQ:PANW) has seen some bullish analyst activity recently. On June 15, Michael Turrin of Wells Fargo revised his target price upward from $165 to $355. Alongside, the analyst reaffirmed his Buy rating on the stock. Within the span of just one week, the company has seen three upward target price revisions. Citi raised its price target to $340 from $210. BMO Capital did the same, raising its price target from $270 to $335. BTIG also raised its target price to $333 from $268.

Palo Alto Networks, Inc. (NASDAQ:PANW) posted its Q3 fiscal 2026 earnings on June 2. Revenue for the quarter came in at $3 billion, up 31% year over year. Looking ahead, fourth-quarter revenue is expected to range between $3.345 billion and $3.355 billion. This will translate to an EPS of $0.96 to $0.98. This guidance suggests that full-year 2026 revenue could be $11.415 billion to $11.425 billion and non-GAAP EPS of $5. The growth is expected to come from the company's Next Generation Security segment, and the company aims to use its recent acquisitions to strengthen its product portfolio.

Palo Alto Networks, Inc. (NASDAQ:PANW) is a leading cybersecurity company that provides a range of products, including firewalls, malware protection, and cloud security.

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