Fortinet Inc (FTNT)

Currency in USD
144.68
-4.99(-3.33%)
Closed·
143.80-0.88(-0.61%)
·
FTNT is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
143.46149.05
52 wk Range
70.12150.07
Key Statistics
Prev. Close
149.67
Open
148.46
Day's Range
143.46-149.05
52 wk Range
70.12-150.07
Volume
7.12M
Average Volume (3m)
6.14M
1-Year Change
37.8693%
Book Value / Share
1.34
Fair Value
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Fair Value Upside
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FTNT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
107.86
Downside
-25.45%
Members' Sentiments
Bearish
Bullish
ProTips
Impressive gross profit margins

Fortinet Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
Technical Indicators
Strong Sell
Moving Averages
Neutral

Analyst Ratings

10 Buy
28 Hold
5 Sell
Ratings:
43 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 107.86
(-25.45% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
DZ Bank
Hold125.00-13.60%-Downgrade19/05/2026
Cantor Fitzgerald
Buy110.00-23.97%-Maintain11/05/2026
Susquehanna
Hold115.00-20.51%90.00Maintain08/05/2026
Barclays
Hold115.00-20.51%88.00Maintain08/05/2026
Cantor Fitzgerald
Hold110.00-23.97%87.00Maintain07/05/2026

Fortinet Inc SWOT Analysis


Cybersecurity Giant
Fortinet's strong financial health and impressive growth trajectory in the cybersecurity market, with a focus on core FortiGate products and expanding SASE and SecOps offerings
Market Positioning
Explore Fortinet's competitive edge through custom ASIC technology and integrated solutions, despite facing challenges from potential US tariffs on Taiwan-based manufacturing
Growth Opportunities
Delve into Fortinet's anticipated revenue boost from the upcoming refresh cycle, with projections of 4-5% additional top-line growth in the second half of 2025 and beyond
Analyst Perspectives
Analyst price targets for Fortinet range from $85 to $135, reflecting mixed views on the company's ability to navigate market challenges and capitalize on growth opportunities
Read full SWOT analysis

Fortinet Inc Earnings Call Summary for Q1/2026

  • Fortinet Q1 2026 revenue hit $1.85B (+20% YoY), beating forecast by 6.94%; non-GAAP EPS of $0.82 exceeded estimates by 32.26%
  • Product revenue surged 41% YoY; company achieved record Q1 non-GAAP operating margin of 35.8% with 81% gross margin
  • Q2 2026 guidance: EPS $0.71, revenue $1.82B; Q3 projections: EPS $0.80, revenue $1.93B amid continued strong demand
  • Stock declined 0.81% to $89.19 in aftermarket trading despite earnings beat, suggesting investor expectations for higher results
  • CEO cited broad demand and execution strength; company focusing on AI-driven security and proprietary ASIC technology for competitive edge
Last Updated: 07/05/2026, 08:18 am
Read Full Transcript

Earnings

Latest Release
06/05/2026
EPS / Forecast
0.82 / 0.62
Revenue / Forecast
1.85B / 1.73B
EPS Revisions
Last 90 days

FTNT Income Statement

Compare FTNT to Peers and Sector

Metrics to compare
FTNT
Peers
Sector
Relationship
P/E Ratio
54.2x42.1x12.6x
PEG Ratio
8.790.540.01
Price/Book
107.1x28.6x2.4x
Price / LTM Sales
14.9x11.1x2.5x
Upside (Analyst Target)
−24.0%18.6%23.7%
Fair Value Upside
Unlock−3.9%3.6%Unlock

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Employees
15311

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
293.90M40.11%42.52B
Other Institutional Investors
232.15M31.69%33.59B
Public Companies & Retail Investors
206.60M28.20%29.89B
Total
732.65M100.00%106B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.8.46%61,965,6958,965,197
Vanguard Capital Management, LLC5.43%39,754,7785,751,721

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FAQ

What Is the Fortinet (FTNT) Stock Price Today?

The Fortinet stock price today is 144.68 USD.

What Stock Exchange Does Fortinet Trade On?

Fortinet is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Fortinet?

The stock symbol for Fortinet is "FTNT."

What Is the Fortinet Market Cap?

As of today, Fortinet market cap is 106.00B USD.

What Is Fortinet's Earnings Per Share (TTM)?

The Fortinet EPS (TTM) is 2.58.

When Is the Next Fortinet Earnings Date?

Fortinet will release its next earnings report on 30/07/2026.

From a Technical Analysis Perspective, Is FTNT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Fortinet Stock Split?

Fortinet has split 2 times.

How Many Employees Does Fortinet Have?

Fortinet has 15311 employees.

What is the current trading status of Fortinet (FTNT)?

As of 07/06/2026, Fortinet (FTNT) is trading at a price of 144.68 USD, with a previous close of 149.67 USD. The stock has fluctuated within a day range of 143.46 USD to 149.05 USD, while its 52-week range spans from 70.12 USD to 150.07 USD.

What Is Fortinet (FTNT) Price Target According to Analysts?

The average 12-month price target for Fortinet is 107.86 USD, with a high estimate of 150 USD and a low estimate of 70 USD. 10 analysts recommend buying the stock, while 5 suggest selling, leading to an overall rating of Neutral. The stock has an -25.45% Downside potential.

What Is the FTNT Premarket Price?

FTNT's last pre-market stock price is 147.51 USD. The pre-market share volume is 10,310.00, and the stock has decreased by -2.16, or -1.44%.

What Is the FTNT After Hours Price?

FTNT's last after hours stock price is 143.80 USD, the stock has decreased by -0.88, or -0.61%.
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