Palo Alto Networks' Outperform Rating Reiterated at Wedbush

Analysts maintain positive outlook on cybersecurity firm's stock performance

Feb. 21, 2026 at 8:38am

Got story updates? Submit your updates here. ›

Wedbush Securities has reiterated its outperform rating on shares of Palo Alto Networks (NASDAQ:PANW), setting a $225 price target on the network technology company's stock. This comes as several other analysts have also recently issued positive assessments of PANW, with price targets ranging from $200 to $255 and the majority recommending the stock as a 'buy'.

Why it matters

Palo Alto Networks is a leading cybersecurity firm that has seen strong demand for its suite of security products and services as enterprises continue to invest in protecting their networks, clouds, and endpoints from cyber threats. Positive analyst sentiment and price target increases suggest Wall Street's confidence in the company's growth prospects.

The details

In its latest research report, Wedbush cited Palo Alto Networks' robust product portfolio and market position as reasons for maintaining its outperform rating on the stock. The analysts noted the company's next-generation firewalls, cloud-delivered security services, and software for securing hybrid and multi-cloud environments as key competitive advantages. Other analysts have also recently raised their price targets for PANW, with Stifel Nicolaus setting a $200 target, Wolfe Research boosting its target to $250, and TD Cowen increasing its target to $255.

  • Wedbush reiterated its outperform rating on Palo Alto Networks on Wednesday, February 21, 2026.
  • Palo Alto Networks reported its latest quarterly earnings results on Tuesday, February 17, 2026.

The players

Palo Alto Networks

A cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints.

Wedbush

A financial services and investment firm that has reiterated its outperform rating on Palo Alto Networks' stock.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Palo Alto Networks' strong product portfolio, market position, and positive analyst sentiment suggest the cybersecurity firm is well-positioned to continue capitalizing on the growing demand for enterprise security solutions as businesses navigate an evolving threat landscape.