Palo Alto Networks Inc. (PANW) Balances Analyst Cuts With Growth Deals

Core Viewpoint - Palo Alto Networks Inc. is highlighted as a top high-growth cybersecurity stock, with recent price target adjustments reflecting mixed feedback from resellers ahead of its fiscal Q2 2026 earnings report [1][3]. Group 1: Price Target Adjustments - Stifel reduced its price target for Palo Alto Networks from $225 to $200 while maintaining a Buy rating [1]. - Jefferies reiterated a Buy rating with a price target of $250, indicating confidence in the company's long-term prospects [4]. Group 2: Reseller Feedback - Discussions with five large cybersecurity resellers managing approximately $1.9 billion in Palo Alto-related spending revealed varied performance: two reported stronger-than-expected results, two were in line with expectations, and one indicated softer trends [3]. Group 3: Growth Prospects - Despite mixed reseller feedback, Stifel anticipates steady organic growth for Palo Alto Networks, with potential upside from the Chronosphere deal and a possible CyberArk acquisition [4]. - The CyberArk acquisition, valued at $25 billion, is expected to enhance revenue, as CyberArk reported a 20% year-over-year growth in net new annual recurring revenue in the fourth quarter [5]. Group 4: Company Overview - Palo Alto Networks serves over 70,000 organizations across more than 150 countries and has evolved from a focus on next-generation firewalls to providing AI-driven security solutions across various environments [6].