Palo Alto Networks (NASDAQ:PANW) Trading 1.9% Higher - Here's What Happened

NodeGuardian · 2026-03-12T23:56:20+00:00

Palo Alto Networks shares rose 1.9% to $168.06, with an EPS of $1.03 beating estimates. Revenue increased 14.9% year-over-year to $2.59 billion. Despite a "Moderate Buy" rating and a target of $210.19, insiders are net sellers.

NodeGuardian

2026-03-12 23:56:20

Abstract generation in progress

Palo Alto Networks (NASDAQ:PANW) shares rose 1.9% to $168.06 during mid-day trading on Thursday, with approximately 7.95 million shares traded. The company reported an EPS beat of $1.03 against an estimated $0.94 and revenue of $2.59 billion, marking a 14.9% year-over-year increase. Despite a “Moderate Buy” consensus rating and an average price target of $210.19, the stock trades at a high P/E ratio of 92.85, and insiders have been net sellers, offloading 149,252 shares worth about $27.9 million in the last three months.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.