TD Cowen raised target for Palo Alto Networks stock to USD 440
Published on 10/13/2026 at 12:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- TD Cowen raised its Palo Alto Networks price target from USD 400 to USD 440 on October 2, 2026, while maintaining a Buy rating.
- Fiscal 2026 revenue reached USD 11.48 billion, up 24.5 percent from fiscal 2025.
- Palo Alto Networks stock was trading at EUR 360.08 at Lang & Schwarz on October 13, 2026 at 12:32 p.m. CEST.
- The company is listed on Nasdaq under ticker PANW and is included in the S&P 500.
Palo Alto Networks (ISIN US6974351057) was trading at EUR 360.08 at Lang & Schwarz on October 13, 2026 at 12:32 p.m. CEST. TD Cowen raised its Palo Alto Networks target from USD 400 to USD 440 on October 2, 2026, while maintaining a Buy rating, Investing.com reported. The move gives the analyst action a clear numerical anchor, even as the euro quotation stands below the recent dollar market levels cited in the report.
Three dated milestones shape the picture
On September 10, 2026, Palo Alto Networks filed its fiscal 2026 annual report with revenue of USD 11.48 billion and net income of USD 307.0 million, according to Billions Trillions. The reporting period ended July 31, 2026, keeping the figures within the current fiscal-year picture.
On September 30, 2026, coverage of the CyberArk transaction described Palo Alto Networks as expanding its AI security platform while reporting fiscal 2026 revenue of USD 11.48 billion, TokenPost reported. The transaction adds strategic scale, but the revenue figure remains the more directly comparable operating measure for investors.
On October 2, 2026, TD Cowen set the new USD 440 target after citing the companys shift toward a broader security software platform. Its previous target was USD 400, so the increase was USD 40, or 10.00 percent, calculated against the former target.
What does the target change mean
The latest annual figures show revenue up 24.50 percent from USD 9.22 billion in fiscal 2025 to USD 11.48 billion in fiscal 2026. Net income moved in the opposite direction to USD 307.0 million from USD 1.13 billion, making the growth and profitability mix important when assessing the higher target.
TD Cowen also cited 220 net new platformization deals in the latest quarter and 120 percent net revenue retention among platformized customers, Markets Insider reported. Those operating indicators support the platform strategy cited by the analyst, while the lower fiscal 2026 net income shows why revenue growth alone does not define the investment case.
Nasdaq listing and current quotation
Palo Alto Networks is listed on Nasdaq under ticker PANW, and its market capitalization was USD 329.1 billion on October 12, 2026. The Nasdaq quotation stood at USD 403.83 at the October 12 close, while the Lang & Schwarz euro quotation was EUR 360.08 on October 13, 2026 at 12:32 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Palo Alto Networks stock.
Palo Alto Networks stock at a glance
- Company: Palo Alto Networks, Inc.
- ISIN: US6974351057
- Ticker: PANW
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 13, 2026, 12:32 p.m. CEST: EUR 360.08
- Sector: Information Technology
- Index membership: S&P 500
Market context: Market report S&P 500.
