TD Cowen raises target for Palo Alto Networks stock from USD 400 to USD 440

Published on 10/06/2026 at 14:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal fourth-quarter revenue rose 34 percent to USD 3.41 billion. Palo Alto Networks stock costs EUR 369.30 on October 6, 2026 after EUR 362.53.

Flatlay mit ISIN-Karte, kleiner Firewall, Netzwerkkabeln und Sicherheitsschlüssel — Palo Alto Networks US6974351057 als Flatlay mit ISIN-Karte, Firewall-Miniatur, Netzwerkkabeln und Sicherheitsschlüssel arrangiert, Illustration mit AI erstellt.

Palo Alto Networks (ISIN US6974351057) is trading at EUR 369.30 at Lang & Schwarz on October 6, 2026 at 2:31 p.m. CEST, up 1.87 percent versus the prior close of EUR 362.53. According to Aktiencheck on October 2, 2026, TD Cowen raised its target from USD 400 to USD 440 and kept its buy rating.

TD Cowen sees faster growth

The analyst action gives the stock a fresh valuation reference as Palo Alto Networks positions cybersecurity for the expansion of agent-based artificial intelligence. TD Cowen cited stronger medium-term growth prospects and said a meeting with the company's investor-relations team reinforced its view.

The target increase is material: USD 440 is USD 40 above the former USD 400 target, a 10.00 percent uplift. The analyst case centers on rising data traffic from autonomous AI agents and the resulting demand for secure access service edge products.

Revenue reaches USD 3.41 billion

The Globe and Mail reported on September 1, 2026 that fiscal fourth-quarter revenue reached USD 3.41 billion, up 34 percent year over year. Next-Generation Security annual recurring revenue rose 63 percent to USD 9.10 billion, while remaining performance obligations increased 34 percent to USD 21.20 billion.

The growth came with a margin trade-off. The same fiscal fourth-quarter report put total gross margin at 74.80 percent, down 1.00 percentage point year over year, as the business shifts toward faster-growing software and cloud offerings.

Fiscal 2027 guidance sets the test

Management expects fiscal 2027 revenue of USD 14.10 billion to USD 14.20 billion, representing growth of 23 percent to 24 percent, according to Zacks on October 1, 2026. The first-quarter revenue outlook is USD 3.30 billion to USD 3.31 billion, or 33 percent to 34 percent growth.

For investors, the central tension is visible in the numbers: demand indicators are accelerating, but margin pressure and the lower contribution from a large customer migration create a higher execution bar. The company also expects fiscal 2027 non-GAAP earnings per share of USD 4.16 to USD 4.19.

Stock advances in Lang & Schwarz trading

Palo Alto Networks stock was trading at EUR 369.30 at Lang & Schwarz on October 6, 2026 at 2:31 p.m. CEST, up 1.87 percent versus the prior close of EUR 362.53. The finance quote for the NASDAQ listing showed a USD 331.5 billion market capitalization on October 6, 2026, while its 52-week range was USD 139.57 to USD 409.50.

The further course of trading is shown by the continuously updated real-time quote of Palo Alto Networks stock.