Roth Capital Initiates Coverage of Palo Alto Networks with Neutral Rating

Fintel reports that on May 15, 2025, Roth Capital began coverage of Palo Alto Networks (XTRA:5AP) with a Neutral recommendation.

Analyst Price Forecast Indicates 11.30% Upside Potential

As of May 7, 2025, the average one-year price target for Palo Alto Networks stands at 190.25 €/share. The forecasts vary from a low of 111.02 € to a high of 220.51 €. This average price target suggests an upward potential of 11.30% compared to its latest closing price of 170.94 € per share.

Projected Revenue Growth

The anticipated annual revenue for Palo Alto Networks is 10,060 million €, reflecting a growth of 17.38%. The projected annual non-GAAP EPS is estimated at 5.47.

Fund Sentiment Analysis

Currently, there are 3,307 funds or institutions reporting positions in Palo Alto Networks. This marks an increase of 62 owners or 1.91% in the last quarter. The average portfolio weight dedicated to 5AP across all funds is 0.47%, an increase of 30.63%. Total institutional shares held rose by 11.95% in the last three months, amounting to 583,558K shares.

Actions of Major Shareholders

Vanguard Total Stock Market Index Fund (VTSMX) currently holds 20,558K shares, representing 3.10% ownership. In the prior quarter, the firm reported 10,268K shares, indicating a substantial increase of 50.05%. Portfolio allocation in 5AP rose by 5.04% over the past quarter.

Vanguard 500 Index Fund (VFINX) holds 17,708K shares, accounting for 2.67% ownership. Previously, the firm reported owning 8,480K shares, reflecting an increase of 52.11%. Its allocation in 5AP grew by 5.17% over the last quarter.

Bank of America holds 16,122K shares, which represents 2.44% ownership. The previous filing indicated 16,172K shares, showcasing a minor decrease of 0.31%. The allocation in 5AP declined by 77.55% in the last quarter.

JPMorgan Chase owns 15,544K shares, equating to 2.35% ownership. Previously, the firm reported 14,865K shares, marking an increase of 4.37%. However, it reduced its portfolio allocation in 5AP by 89.85% last quarter.

Geode Capital Management holds 15,005K shares, representing 2.27% ownership. In its prior filing, the firm reported 14,382K shares, an increase of 4.15%. Nevertheless, its allocation decreased by 0.79% over the last quarter.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.