BTIG raises target for Palo Alto Networks stock from USD 404.00 to USD 425.00

Published on 10/01/2026 at 10:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal fourth-quarter revenue hit USD 3.41 billion, up 34.00 percent. Palo Alto Networks stock costs EUR 354.35 on October 1, 2026 after EUR 350.83.

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Palo Alto Networks (ISIN US6974351057) was trading at EUR 354.35 at Lang & Schwarz on October 1, 2026 at 10:12 a.m. CEST, plus 1.00 percent versus the prior close of EUR 350.83. According to Investing.com on September 29, 2026, BTIG raised its price target from USD 404.00 to USD 425.00 and maintained a Buy rating. The target change gives the latest company-specific trading story a clear valuation reference, while the euro quote remains the relevant price for German investors.

Revenue reaches USD 3.41 billion

According to Palo Alto Networks in its September 1, 2026 release, fiscal fourth-quarter 2026 revenue rose 34.00 percent year over year to USD 3.41 billion. Next-Generation Security ARR increased 63.00 percent to USD 9.10 billion, while remaining performance obligations grew 34.00 percent to USD 21.20 billion.

The reported growth came with a sharp difference between accounting measures. GAAP net loss was USD 282.00 million, or USD 0.35 per diluted share, whereas non-GAAP net income reached USD 853.00 million, or USD 1.02 per diluted share, in fiscal fourth-quarter 2026.

Fiscal 2027 guidance sets the test

For fiscal 2027, Palo Alto Networks guided to revenue of USD 14.10 billion to USD 14.20 billion, representing 23.00 percent to 24.00 percent growth, and to non-GAAP operating margin of 29.50 percent. The company also expects Next-Generation Security ARR of USD 11.075 billion to USD 11.175 billion, up 22.00 percent to 23.00 percent.

Investing.com reported on September 1, 2026 that adjusted earnings per share of USD 1.02 exceeded the USD 0.98 consensus estimate, while revenue of USD 3.41 billion topped the USD 3.35 billion forecast. That comparison matters because the company must convert rapid ARR expansion into durable margins while integrating major acquisitions.

EUR 354.35 in intraday trading

On Nasdaq, Palo Alto Networks was last at USD 397.31 on September 30, 2026 at 4:00 p.m. ET, within a 52-week range of USD 139.57 to USD 404.69. Its market capitalization was USD 323.8 billion as of September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Palo Alto Networks stock.