Cantor Fitzgerald Reiterates a Buy Rating on Palo Alto Networks (PANW) With a $223 PT

Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the best stocks to invest in for the long term. In a report released on August 15, Jonathan Ruykhaver from Cantor Fitzgerald reiterated a Buy rating on Palo Alto Networks, Inc. (NASDAQ:PANW) and set a price target of $223.00.

Palo Alto Networks, Inc. (PANW) Believes AI Robots Going Rogue Is Quite Difficult

A cutting-edge computer lab full of IT experts monitoring the security of multiple systems.

Palo Alto Networks, Inc. (NASDAQ:PANW) reported a 15% year-over-year growth in its total revenue for fiscal Q3 2025 to $2.3 billion, compared to total revenue of $2.0 billion in the same quarter last year.

The company also experienced a rise in non-GAAP net income, going from $0.5 billion in fiscal Q3 2024, to $0.6 billion in fiscal Q3 2025.

GAAP net income for the quarter was $0.37 per diluted share, compared to $0.39 per diluted share in fiscal Q3 2024.

Palo Alto Networks, Inc. (NASDAQ:PANW) provides network security solutions to service providers, enterprises, and government entities. Its operations are divided into the following geographical segments: the United States, Israel, and Other Countries.

While we acknowledge the potential of PANW to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PANW and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.