What Do Analysts Predict for PANW?

Palo Alto Networks surged to $305.58 per share this evening, but it remains 7.07% above its mean target price of $285.39. There may still be room for more downwards movement — even after today's 1.9% drop. Analysts are giving the large-cap Computer Equipment stock on average rating of buy, with target prices ranging from $190.0 to $343.0 per share.

Palo Alto Networks has an average level of shares sold short, at 5.7% of its total share float. The stock's short ratio (also called days to cover) is 3.43. The company's insiders own 1.23% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Institutional investors own 88.7% of Palo Alto Networks's shares, which indicates they have a high level of confidence in the company.

Institutions Invested in Palo Alto Networks

Date Reported Holder Percentage Shares Value
2023-09-30 Vanguard Group Inc 27% 26,511,732 $8,101,454,708
2023-09-30 Blackrock Inc. 24% 23,537,377 $7,192,551,347
2023-09-30 State Street Corporation 12% 11,826,872 $3,614,055,386
2023-09-30 Morgan Stanley 11% 10,814,578 $3,304,718,600
2023-09-30 Bank of America Corporation 9% 8,760,105 $2,676,912,768
2023-09-30 Geode Capital Management, LLC 6% 5,886,308 $1,798,737,919
2023-09-30 Capital Research Global Investors 6% 5,845,141 $1,786,158,108
2023-09-30 Royal Bank of Canada 6% 5,830,146 $1,781,575,936
2022-12-31 Norges Bank Investment Management 6% 5,383,947 $1,645,226,451
2023-09-30 Nuveen Asset Management, LLC 5% 5,129,523 $1,567,479,569
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.