FTNT
Fortinet, Inc.
Set alert
- YTD
- +71.36%
- 1 year
- +61.62%
- Open
- 137.01
- Prev close
- 139.10
- Mkt cap
- 99.84B
- Vol
- 8.68M
- Avg vol
- 4.49M
- EPS
- 3.06
- P/E
- 44.47
- Div yield
- 0.00%
More statistics
- Low
- 134.40
- High
- 138.79
- Forward P/E
- 35.15
- Beta
- 1.04
- Short ratio
- 3.12
- Inst. own
- 71.76%
- Dividend
- 0.00
- Ex-div date
- Earnings
- Feb 9, 2027
- 50-d avg
- 171.64
- 200-d avg
- 128.09
- 1y target
- 149.60
Key statistics
- Market cap
- 99.91B
- Enterprise value
- 97.83B
- Trailing P/E
- 44.50
- Forward P/E
- 35.15
- PEG ratio
- 1.53
- Price / sales
- 12.68
- Price / book
- 44.50
- EPS (TTM)
- 3.06
- Beta
- 1.04
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Profit margin
- 28.96%
- Revenue (TTM)
- 7.88B
- Revenue growth
- 20.50%
- Free cash flow
- 2.49B
- Total cash
- 4.80B
- Total debt
- 497.10M
- Return on equity
- 153.08%
- Shares outstanding
- 733.71M
- Short % of float
- 1.99%
- 50-day average
- 171.64
- 200-day average
- 128.09
Analyst view
Consensus: hold
- Target (low)
- 107.00
- Target (mean)
- 149.60
- Target (high)
- 225.00
- Strong buy1
- Buy6
- Hold30
- Sell4
- Strong sell2
Next earnings
Feb 9, 2027
Expected Feb 9, 2027. Consensus EPS estimate 0.94009.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Feb 9, 2027 | Dec 30, 2026 | 0.933 | — | — | — |
| Oct 28, 2026 | Sep 30, 2026 | 0.86 | 0.91 | +0.05 | +5.81% |
| Jul 29, 2026 | Jun 30, 2026 | 0.746 | 0.90 | +0.15 | +20.64% |
| May 6, 2026 | Mar 31, 2026 | 0.619 | 0.82 | +0.20 | +32.47% |
| Feb 5, 2026 | Dec 31, 2025 | 0.743 | 0.81 | +0.07 | +9.02% |
| Nov 5, 2025 | Sep 30, 2025 | 0.631 | 0.74 | +0.11 | +17.27% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 30, 2026 | Wells Fargo | main | Underweight | Underweight |
| Oct 30, 2026 | Susquehanna | main | Neutral | Neutral |
| Oct 29, 2026 | RBC Capital | main | Sector Perform | Sector Perform |
| Oct 29, 2026 | TD Cowen | main | Buy | Buy |
| Oct 29, 2026 | Wedbush | main | Neutral | Neutral |
| Oct 29, 2026 | Truist Securities | main | Buy | Buy |
About Fortinet, Inc.
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.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Country
- United States
- Website
- fortinet.com
News
- Wells Fargo Maintains Underweight on Fortinet, Lowers Price Target to $115
- Fortinet (FTNT) Loses 22.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
- Susquehanna Maintains Neutral on Fortinet, Lowers Price Target to $145
- Jim Cramer Says Sell Fortinet and Buy Palo Alto and CrowdStrike Instead
- 3 Growth Stocks That Can Outperform Micron in 2027
- Fortinet (NASDAQ:FTNT) Stock Breaks Below 50-Day Moving Average After Analyst Downgrade
- Stock Market: Will S&P 500 Open Up or Down Today?
- Fortinet (FTNT) Stock Plunges After Q3 Earnings: Time to Buy the Dip?
- Why Fortinet Stock Plunged More Than 20% Today
- RBC Capital Maintains Sector Perform on Fortinet, Lowers Price Target to $165
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| GOLDMAN KENNETH ALLEN | Director | Conversion of Exercise of derivative security | Jun 10, 2026 | 43,719 |
| HSIEH MING | Director | Conversion of Exercise of derivative security | Jun 10, 2026 | 62,872 |
| HU JEAN X | Director | Conversion of Exercise of derivative security | Jun 10, 2026 | 39,049 |
| NEUKOM WILLIAM H | Director | Conversion of Exercise of derivative security | Jun 11, 2025 | 302,601 |
| OHLGART CHRISTIANE MARGRIT | Chief Financial Officer | Sale | Aug 3, 2026 | 10,393 |
| SIM JUDITH KOON LIEN | Director | Conversion of Exercise of derivative security | Jun 10, 2026 | 129,542 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 8.48% | 62,242,221 | 8.48B | Jun 29, 2026 |
| Vanguard Capital Management LLC | 5.54% | 40,663,961 | 5.54B | Jun 29, 2026 |
| State Street Corporation | 4.04% | 29,630,652 | 4.03B | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 3.39% | 24,844,685 | 3.38B | Jun 29, 2026 |
| Invesco Ltd. | 3.36% | 24,621,016 | 3.35B | Jun 29, 2026 |
| Geode Capital Management, LLC | 2.38% | 17,439,799 | 2.37B | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 2.69% | 19,769,556 | 2.69B | Jun 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard 500 Index Fund | 2.20% | 16,135,591 | 2.20B | Jun 29, 2026 |
| Invesco QQQ Trust, Series 1 | 2.09% | 15,325,475 | 2.09B | Sep 29, 2026 |
| iShares Trust-iShares Core S&P 500 ETF | 1.12% | 8,212,091 | 1.12B | Sep 29, 2026 |
| Fidelity Concord Street Trust-Fidelity 500 Index Fund | 1.10% | 8,083,867 | 1.10B | Aug 30, 2026 |
| First TRT Exch-Trd Fd. II-First TRT NASDAQ Cybersecurity ETF | 1.08% | 7,928,811 | 1.08B | Sep 29, 2026 |