Palo Alto Networks reported strong quarterly earnings with revenue of $2.14 billion, reflecting a 13.9% year-over-year increase, and earnings per share (EPS) of $1.56, beating expectations by $0.08. Despite these positive results, the stock fell by 5% in after-hours trading due to disappointing full-year guidance. Analysts have mixed views on the stock, with some upgrades following the earnings announcement. Rosenblatt upgraded Palo Alto Networks to 'buy' from 'neutral', citing a strong quarterly performance driven by the company's platform strategy. Wells Fargo raised its price target to $450, while Evercore ISI set a target of $455. Conversely, HSBC downgraded the stock to 'sell', expressing concerns over valuation, noting it trades at 55.8 times estimated 2025 non-GAAP earnings, significantly higher than the sector median of 29.5 times. The company's stock has seen a decline of 5% on the day, marking its worst performance in nine months.