Seasonality
PANW seasonality — Palo Alto Networks
Over the last 11 years, PANW's strongest month on average has been May (+8.8%) and its weakest March (-4.4%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +6.00% | +5.22% | 70% | +18.0% | -7.1% | 10 |
| Feb | +2.09% | +3.10% | 70% | +18.7% | -21.4% | 10 |
| Mar | -4.43% | -4.94% | 40% | +7.7% | -25.8% | 10 |
| Apr | +3.96% | +4.25% | 70% | +19.9% | -9.8% | 10 |
| May | +8.84% | +5.52% | 80% | +57.1% | -19.6% | 10 |
| Jun | +7.35% | +4.25% | 70% | +21.1% | -2.4% | 10 |
| Jul | +0.19% | -1.84% | 40% | +11.4% | -15.2% | 10 |
| Aug | +6.88% | +10.65% | 80% | +16.6% | -10.1% | 10 |
| Sep | -0.52% | -1.22% | 50% | +8.6% | -11.8% | 10 |
| Oct | +0.57% | +4.21% | 70% | +11.6% | -18.7% | 10 |
| Nov | +5.35% | -0.07% | 44% | +32.9% | -13.7% | 9 |
| Dec | -0.13% | -0.31% | 40% | +20.9% | -17.9% | 10 |
Monthly returns heat map — PANW
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.9 | -15.8 | 7.7 | 11.8 | 57.1 | 21.1 | -2.7 | 15.2 | 4.0 | -7.9 | -14.2 | +70.4% | |
| 2025 | 1.4 | 3.3 | -10.4 | 9.6 | 2.9 | 6.3 | -15.2 | 9.8 | 6.9 | 8.2 | -13.7 | -3.1 | +1.2% |
| 2024 | 14.8 | -8.3 | -8.5 | 2.4 | 1.4 | 14.9 | -4.2 | 11.7 | -5.8 | 5.4 | 7.6 | -6.2 | +23.4% |
| 2023 | 13.7 | 18.7 | 6.0 | -8.7 | 16.9 | 19.7 | -2.2 | -2.7 | -3.6 | 3.7 | 21.4 | -0.1 | +111.3% |
| 2022 | -7.1 | 14.8 | 4.8 | -9.8 | -10.4 | -1.8 | 1.0 | 11.6 | -11.8 | 4.8 | -1.0 | -17.9 | -24.8% |
| 2021 | -1.3 | 2.2 | -10.1 | 9.7 | 2.8 | 2.1 | 7.5 | 15.5 | 3.9 | 6.3 | 7.4 | 1.8 | +56.7% |
| 2020 | 1.5 | -21.4 | -11.2 | 19.9 | 19.7 | -2.4 | 11.4 | 0.6 | -4.9 | -9.6 | 32.9 | 20.9 | +53.7% |
| 2019 | 14.1 | 14.6 | -1.4 | 2.5 | -19.6 | 1.8 | 11.2 | -10.1 | 0.1 | 11.6 | -0.1 | 1.8 | +22.8% |
| 2018 | 8.9 | 9.8 | 4.7 | 6.0 | 8.1 | -1.3 | -3.5 | 16.6 | -2.5 | -18.7 | -5.5 | 8.9 | +29.9% |
| 2017 | 18.0 | 2.9 | -25.8 | -3.8 | 9.4 | 12.8 | -1.5 | 0.7 | 8.6 | 2.1 | -1.0 | -0.6 | +15.9% |
| 2016 | -6.9 |