What if you invested $1,000 in Palo Alto Networks in 2023? (Inflation-Adjusted)

PANW · Technology · Adjusted to 2026 dollars using BLS CPI-U data

View nominal (non-adjusted) version

Nominal returns can be misleading over long periods. $1,000 in Palo Alto Networks in 2023 became $3,713 by 2026. Over those 4 years, cumulative CPI inflation reached 5% (BLS CPI-U). Restating the return in constant purchasing power, the real value of your gain in 2023 dollars is $3,536, a real annualized return of +43.5%.

Nominal final value

$3,713

+271.3% total return

Real value (2023 dollars)

$3,536

+253.6% real total return

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Real annualized return

+43.5%

vs. +45.5% nominal annualized

Cumulative CPI-U inflation since 2023: 5% (1 dollar in 2023 = $1.05 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in Palo Alto Networks since 2023, values in constant 2023 dollars

YearNominal ValueReal Value (2023 $)
2023$1,000$1,000
2024$2,134$2,073
2025$2,325$2,214
2026$2,231$2,125

Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2023 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.