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Anushka Dutta

Palo Alto Networks Just Got a New Street-High Price Target. Analysts Are Betting Big on PANW Stock Before June 2.

Palo Alto Networks PANW CyberArk Cybersecurity Mizuho Oppenheimer

Cybersecurity giant Palo Alto Networks (PANW) is set to report its third-quarter earnings for fiscal 2026 on June 2 after the market closes. Ahead of that crucial date, Oppenheimer analyst Ittai Kidron lifted the price target on the stock from $245 to the current Street-high of $275, while maintaining an “Outperform” rating.

The adjustment was made after the CyberArk IMPACT 2026 event, where the firm unveiled Idira, its next-generation identity security platform, following Palo Alto Networks' $25 billion acquisition of CyberArk in February and its entry into the identity space.

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