Palo Alto Networks stock: Citigroup lifts target to USD 440.00

Published on 10/22/2026 at 18:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 3.41 billion, up 34.50 percent year over year. Palo Alto Networks stock costs EUR 320.23 on October 22, 2026.

Target and operating figures

Citigroup raised its Palo Alto Networks target from USD 410.00 to USD 440.00 in a report issued October 15, 2026.
Quarterly revenue reached USD 3.41 billion, up 34.50 percent year over year.
Palo Alto Networks stock costs EUR 320.23 at Lang & Schwarz on October 22, 2026 at 6:07 p.m. CEST.
The next earnings report is scheduled for November 18, 2026.

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Palo Alto Networks (ISIN US6974351057) drew a higher valuation mark from Citigroup, which lifted its target from USD 410.00 to USD 440.00 in a research report issued October 15, 2026, according to MarketBeat. The target is 22.15 percent above the USD 360.20 Nasdaq price reported on October 22, 2026. At Lang & Schwarz, the stock was trading at EUR 320.23 on October 22, 2026 at 6:07 p.m. CEST.

Citigroup raises its valuation mark

The new USD 440.00 target represents a USD 30.00 increase, while Citigroup kept its Buy rating, MarketBeat reported. The report also placed the broader analyst consensus at a Moderate Buy rating with an average target of USD 398.55 from 50 analysts.

Revenue provides the operating backdrop

Palo Alto Networks reported quarterly revenue of USD 3.41 billion, an increase of 34.50 percent from the same quarter a year earlier. Adjusted earnings per share reached USD 1.02, exceeding the USD 0.98 consensus estimate by USD 0.04, according to MarketBeat.

Price remains below the yearly high

The USD 360.20 Nasdaq price stood below the 52-week high of USD 432.33 and above the 52-week low of USD 139.57 on October 22, 2026. Palo Alto Networks had a market capitalization of USD 294.6 billion and trading volume of 2,828,398 shares on that date.

November 18 is the next date

The next earnings report is scheduled for November 18, 2026, after the market close, according to Gekko. The company reported its previous quarterly results on September 1, 2026, giving the November date a clear place in the stock's calendar.

Investor view after hours

The higher Citigroup target and 34.50 percent revenue growth put valuation and execution on the same page. Palo Alto Networks was trading at EUR 320.23 at Lang & Schwarz on October 22, 2026 at 6:07 p.m. CEST.

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