A total of 40 Wall Street firms recently weighed in on Palo Alto Networks, with 31 maintaining a buy recommendation, seven holding, and two advising a sell. Over the past two months, target valuations have been raised by several firms, including increases from 205 to 215 and from 225 to 250, reflecting growing confidence in the company’s ability to sustain double-digit growth. The consensus target sits more than 20% above current levels, underscoring widespread expectations of continued outperformance as enterprises accelerate investments in next-generation security.

During the latest quarter, Bensler LLC boosted its position in the company by 4.6%, bringing its total holdings to over 66,000 shares, now representing 1.4% of its portfolio and ranking as its 25th largest stake. Other asset managers including Klingman & Associates, Contravisory Investment Management and Mattern Wealth Management each added 1.8% to 2.9% more shares. Overall, nearly 80% of the company remains held by hedge funds and institutional investors, highlighting strong confidence among professional money managers.

In the most recent quarter, revenue climbed 15.7% year-over-year to $2.47 billion, slightly topping consensus estimates. Non-GAAP earnings per share of $0.93 exceeded forecasts by four cents, driven by operational leverage in its subscription and services segment. The company reported a net margin of 11.7% and return on equity of 17.1%, demonstrating improving profitability. Analysts forecast full-year EPS of $1.76 and project continued mid-teens top-line growth as demand for cloud-delivered security and AI-driven threat detection remains robust.