Market open · Delayed intraday data · 10:21 AM ET
Last update: Jul 21, 2026, 10:04 AM ET
Palo Alto Networks, Inc.
$339.23 2.70% today
Market Open

Why Palo Alto Networks, Inc. (PANW) stock moved

Updated Jul 21, 2026

Palo Alto Networks, Inc. (PANW) shares fell 2.7% to $339.23 as of July 21, 2026, a moderate decline from the prior close of $348.66. BestStocks flagged the session as a major change for PANW. No single company-specific catalyst was confirmed during the move window. Below, we break down what changed for PANW, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

PANW fell 2.7% to $339.23

PANW fell 2.7% in its latest session, moving from $348.66 to $339.23.

ActivityWeak confidence
Rel. volume
0.2×
Below Avg
Vs peers
No comparable peers
Market cap
$231.2B
NASDAQ Global Select
Analyst target
$340
+0.1% vs price
Price chart
Jun 22 – Jul 21
VVVVVVVVVVV$285$322$359Jun 22Jun 29Jul 7Jul 14Jul 21
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Palo Alto Networks, Inc. investors

For Palo Alto Networks, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Palo Alto Networks, Inc. (PANW) moved +1.32% from $353.99 to $358.68 on 2026-07-17, reaching a new 30-day high; Palo Alto Networks, Inc. (PANW) moved +6.84% from $330.30 to $352.89 on 2026-07-14. Weighing against that: Negative session, down 2.7%; Palo Alto Networks, Inc. (PANW) moved -3.67% from $338.31 to $325.91 on 2026-07-10. Wall Street's consensus price target sits at $339.58, implying +0.1% upside from $339.23. BestStocks rates the overall signal quality weak (0/100). With earnings roughly 27 days out, the next report is the most likely near-term test of the move.

PANW price reaction

PANW last traded at $339.23, down $9.43 (-2.70%) from the previous close of $348.66. The session traded on 0.2× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $285.26 and $358.68, and it currently sits about 74% of the way up that band.

Bullish and bearish analyst opinions on Palo Alto Networks, Inc. (PANW)

The consensus analyst price target on Palo Alto Networks, Inc. (PANW) is $339.58, 0.1% above the recent $339.23. Over the past 90 days analysts logged 0 upgrades, 50 maintains, and 0 downgrades. Here is how the bullish and bearish cases on PANW line up.

The bullish case

  • Wall Street's consensus price target of $339.58 implies +0.1% upside from $339.23.
  • The Street's most bullish target is $430.00 (+26.8%).
  • Palo Alto Networks, Inc. (PANW) moved +1.32% from $353.99 to $358.68 on 2026-07-17, reaching a new 30-day high.
  • Positive price momentum.

The bearish case

  • The most bearish analyst target is $209.00 (-38.4%).
  • Negative session, down 2.7%.
  • Palo Alto Networks, Inc. (PANW) moved -3.67% from $338.31 to $325.91 on 2026-07-10.
  • PANW moved -5.73% from $357.53 to $337.04 on 2026-07-07.
Bull vs bear balanceBearish Shift
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Jul 21, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $340+0.1%
= 50 maintains
Tigress Financial maintained Buy · 2026-07-15
SEC filings watch
10-Q2026-06-03
Quarterly financial results
medium
8-K2026-06-02
Material event — review for impact
high
8-K2026-04-13
Material event — review for impact
high
8-K2026-03-23
Material event — review for impact
high
Peer context
PANW-2.7%

Previous notable changes for PANW

Risk2026-07-20-2.8%
Palo Alto Networks, Inc. (PANW) moved -2.79% from $358.68 to $348.66 on 2026-07-20. We checked news, earnings, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, suggesting the move lacked unusual trading conviction.
Activity2026-07-17+1.3%
Palo Alto Networks, Inc. (PANW) moved +1.32% from $353.99 to $358.68 on 2026-07-17, reaching a new 30-day high. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. Volume was 1.3x the 5-day average, modestly elevated.
Risk2026-07-10-3.7%
Palo Alto Networks, Inc. (PANW) moved -3.67% from $338.31 to $325.91 on 2026-07-10. We checked news, earnings, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, suggesting the move occurred without elevated trading activity.
Activity2026-07-09+5.5%via thestreet.com
Palo Alto Networks rose 5.21% to $337.29, reversing a prior decline mentioned in the same July 8 trading session. TheStreet's market summary had noted PANW down 5.2% earlier, but intraday momentum shifted positive by the delayed-data timestamp. Volume of 5.2M shares is running at 0.80x the 330-minute average, indicating normal participation for mid-session timing.
Upcoming catalysts & outlook
Next earnings
2026-08-17 (est.)
in 27 days
10-Q Filing (est.)
2026-09-02
Medium impact
Thesis shift
Bearish Shift
bearish signal
Risk level
High
from change events

Frequently asked questions about PANW

Why did Palo Alto Networks, Inc. (PANW) stock move?

PANW fell 2.7% to $339.23. No single company-specific catalyst was confirmed during the move window, and it looks technical.

How much did PANW stock fall?

PANW lost 2.70% ($9.43) versus the prior close of $348.66, last trading at $339.23 on 0.2× average volume.

When is Palo Alto Networks, Inc.'s next earnings date?

PANW's next earnings report is estimated for 2026-08-17 — about 27 days away.

What is the analyst price target for PANW?

The consensus analyst price target for PANW is $339.58, about 0.1% above the current $339.23. Over the past 90 days, analysts recorded 0 upgrades, 50 maintains, and 0 downgrades.

How BestStocks tracks PANW

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared PANW-specific materiality thresholds, triggering an evidence check. It draws on 13 tracked change events for PANW, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of July 21, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.