Palo Alto Networks, Inc. (PANW) represents a narrative of cutting-edge cybersecurity solutions and robust growth, transitioning from a niche player in network security to a global leader in comprehensive cybersecurity services. Its trajectory through the stock market, marked by notable yearly shifts, underscores Palo Alto Networks’ adaptability and strategic prowess in the dynamic cybersecurity field.
Annual Returns of Palo Alto Networks Stock (PANW)
| Year | Beginning | Ending | Gain/Loss | S&P 500 |
|---|---|---|---|---|
| 2023 | $138.45 | $294.88 | 112.99% | 24.73% |
| 2022 | $181.40 | $139.54 | -23.08% | -19.95% |
| 2021 | $117.22 | $185.59 | 58.32% | 28.79% |
| 2020 | $78.47 | $118.46 | 50.97% | 15.29% |
| 2019 | $61.07 | $77.08 | 26.22% | 28.71% |
| 2018 | $49.52 | $62.78 | 26.79% | -7.01% |
| 2017 | $42.31 | $48.31 | 14.18% | 18.42% |
| 2016 | $57.17 | $41.68 | -27.09% | 11.24% |
| 2015 | $40.47 | $58.71 | 45.07% | -0.69% |
| 2014 | $18.55 | $40.86 | 120.21% | 12.39% |
| 2013 | $17.08 | $19.16 | 12.18% | 26.39% |
| 2012 | $17.71 | $17.84 | 0.73% | 11.68% |
The table above displays the PANW Yearly Return Rate, highlighting Palo Alto Networks’s annual stock performance on a split-adjusted basis. This data does not include dividends, stock spin-offs, taxes, or transaction commissions.
Palo Alto Networks (PANW) Stock History
Foundation and Early Growth (2012-2014)
Palo Alto Networks embarked on its public journey with modest beginnings, with the stock price hovering around $17.71 in 2012. The early years were marked by rapid growth, as evidenced by a slight increase in 2013, followed by a meteoric rise in 2014.
In 2014, the company’s stock price soared from $18.55 to $40.86, achieving an impressive gain of 120.21%, significantly outperforming the S&P 500’s 12.39% increase in the same period.
Expansion and Market Volatility (2015-2017)
The period from 2015 to 2017 was characterized by expansion and market volatility. In 2015, the company witnessed a substantial gain of 45.07%, with the stock price escalating from $40.47 to $58.71, despite the S&P 500 facing a slight decline.
However, 2016 presented challenges, as the stock price plunged by 27.09%, a stark contrast to the S&P 500’s gain of 11.24%. The company rebounded in 2017 with a 14.18% increase, demonstrating resilience amidst fluctuating market conditions.
Strong Performance Amidst Challenges (2018-2020)
From 2018 to 2020, Palo Alto Networks showcased strong performance amidst various challenges. The stock continued to grow, with a 26.79% increase in 2018, outpacing the S&P 500’s decline. The subsequent years saw the company solidifying its position in the cybersecurity industry, with gains of 26.22% and 50.97% in 2019 and 2020, respectively. This period emphasized the company’s ability to navigate through market uncertainties, reinforcing its standing in the tech sector.
Remarkable Recovery and Growth (2021-2023)
The most recent phase, from 2021 to 2023, has been a testament to Palo Alto Networks’ remarkable recovery and growth. After a significant gain of 58.32% in 2021, the company experienced a setback in 2022 with a 23.08% loss.
However, 2023 marked a pivotal year for Palo Alto Networks, as it recorded an astonishing 112.99% gain, dramatically outperforming the S&P 500’s increase of 24.73%.