10 AI Stocks on Wall Street’s Radar

6. Palo Alto Networks, Inc. (NASDAQ:PANW)

Number of Hedge Fund Holders: 77

Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the 10 AI Stocks On Wall Street’s Radar. On August 15, Cantor Fitzgerald reiterated its “Overweight” rating on the stock with a $223.00 price target. The rating update comes ahead of the company’s fiscal fourth-quarter 2025 results due on August 18.

Cantor anticipates strong execution, large deal activity, and Palo Alto’s platformization to drive the company’s F4Q25 results. However, revenue guidance may come in lower due to short-term platformization impacts.

“We maintain our Overweight rating and reiterate our 12-month PT of $223. We anticipate strong execution, large deal activity, and platformization to drive solid F4Q25 results across KPIs. While bookings trends likely remain robust and supportive of current FY26 expectations for RPO and NGARR, we would not be surprised to see FY26 revenue guidance light of expectations, reflecting the initial revenue recognition headwinds on platformization deals that begins to normalize in FY27 and FY28. Longer term, we believe recent new product initiatives, including Prisma Access Secure Web Browser, Cortex Cloud, DSPM, and AI investments, position Palo Alto for continued wallet share gains and platformization success. And we view the firm’s intent to acquire CyberArk (CYBR, OW) as a strategic move to expand into identity security and strengthen its zero trust offerings.”

Palo Alto Networks, Inc. (NASDAQ:PANW) is a leader in AI-powered cybersecurity.