Palo Alto Networks stock: Citigroup raises target from USD 410 to USD 440

Published on 10/21/2026 at 17:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2027 revenue guidance is USD 14.10-14.20 billion. Palo Alto Networks stock costs EUR 310.88 on October 21, 2026 in after-hours trading.

Analyst target and guidance

Citigroup raised its Palo Alto Networks target from USD 410.00 to USD 440.00 on October 15, 2026.
Fiscal 2027 revenue guidance is USD 14.10 billion to USD 14.20 billion.
Palo Alto Networks stock costs EUR 310.88 at Lang & Schwarz on October 21, 2026 at 5:41 p.m. CEST.

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Palo Alto Networks (ISIN US6974351057) is facing a higher Citigroup valuation marker after the bank lifted its target from USD 410.00 to USD 440.00 on October 15, 2026, according to MarketScreener. The target is 26.22 percent above the Nasdaq price of USD 348.58 at 11:44 a.m. EDT on October 21, 2026. At Lang & Schwarz, the stock was trading at EUR 310.88 on October 21, 2026 at 5:41 p.m. CEST.

Fiscal 2027 guidance points higher

The company entered fiscal 2027 with revenue guidance of USD 14.10 billion to USD 14.20 billion, implying 23 percent to 24 percent growth from fiscal 2026. The same outlook called for non-GAAP operating margin of 29.50 percent and adjusted free cash flow margin of 38.00 percent.

These figures came from the fiscal fourth-quarter earnings call transcript published by Yahoo Finance on September 1, 2026. Fiscal fourth-quarter revenue reached USD 3.41 billion, up 34 percent year over year, while fiscal 2026 revenue reached USD 11.50 billion, up 24 percent.

Nasdaq range leaves room for debate

The Nasdaq quote of USD 348.58 sat within a 52-week range of USD 139.57 to USD 432.33 on October 21, 2026. The stock therefore stood 19.41 percent below its 52-week high. Its market capitalization was USD 285.10 billion, while the price-to-earnings ratio was 791.05.

The valuation requires continued execution. Fiscal 2026 adjusted free cash flow reached USD 4.41 billion, representing a 38.40 percent margin, while fiscal fourth-quarter non-GAAP operating margin was 29.60 percent. The company also reported fiscal fourth-quarter NGS ARR of USD 9.10 billion, up 63 percent year over year.

What the target means for the stock

Citigroup's USD 440.00 target provides a clear comparison point, but it is denominated in USD rather than euros. The euro quote and the Nasdaq quotation therefore remain separate market views, while the operating figures show the growth rate required to support the valuation.

The euro quote after Xetra

Palo Alto Networks was trading at EUR 310.88 at Lang & Schwarz on October 21, 2026 at 5:41 p.m. CEST, after the Xetra session. The further course of trading is shown by the continuously updated real-time quote of Palo Alto Networks stock.