Fortinet, Inc. (FTNT)
| Market Cap | 83.51B +7.8% |
| Revenue (ttm) | 7.11B +15.7% |
| Net Income | 1.95B +4.0% |
| EPS | 2.58 +6.2% |
| Shares Out | 732.10M |
| PE Ratio | 44.23 |
| Forward PE | 36.56 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 9,904,360 |
| Open | 107.30 |
| Previous Close | 107.97 |
| Day's Range | 106.67 - 114.66 |
| 52-Week Range | 70.12 - 114.66 |
| Beta | 0.92 |
| Analysts | Hold |
| Price Target | 99.04 (-13.18%) |
| Earnings Date | May 6, 2026 |
About FTNT
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 O... [Read more]
Financial Performance
In 2025, Fortinet's revenue was $6.80 billion, an increase of 14.17% compared to the previous year's $5.96 billion. Earnings were $1.85 billion, an increase of 6.20%.
Financial StatementsAnalyst Summary
According to 28 analysts, the average rating for FTNT stock is "Hold." The 12-month stock price target is $99.04, which is a decrease of -13.18% from the latest price.
News
Fortinet price target raised to $115 from $90 at Susquehanna
Susquehanna analyst Shyam Patil raised the firm’s price target on Fortinet (FTNT) to $115 from $90 and keeps a Neutral rating on the shares. The firm updated its model following
Fortinet price target raised to $115 from $90 at Citi
Citi analyst Fatima Boolani raised the firm’s price target on Fortinet (FTNT) to $115 from $90 and keeps a Neutral rating on the shares.
Software Shines With Booming Earnings Season Thundering Along
Strong quarterly reports limit the damage as S&P pulls back from record.
Fortinet price target raised to $100 from $85 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Fortinet (FTNT) to $100 from $85 and keeps a Hold rating on the shares.
Fortinet price target raised to $110 from $85 at Scotiabank
Scotiabank analyst Patrick Colville raised the firm’s price target on Fortinet (FTNT) to $110 from $85 and keeps a Sector Perform rating on the shares. The company posted a monster
Fortinet price target raised to $116 from $101 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Fortinet (FTNT) to $116 from $101 and keeps a Buy rating on the shares.
Fortinet price target raised to $80 from $70 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Fortinet (FTNT) to $80 from $70 and keeps an Underweight rating on the shares.
Fortinet price target raised to $107 from $90 at RBC Capital
RBC Capital raised the firm’s price target on Fortinet (FTNT) to $107 from $90 and keeps a Sector Perform rating on the shares. The quarter was highlighted by impressive billings
Early notable gainers among liquid option names on May 7th
Notable gainers among liquid option names this morning include Datadog (DDOG) $183.80 +40.09, Fortinet (FTNT) $111.13 +21.18, Albemarle (ALB) $219.81 +27.20, Axon Enterprise (AXON) $421.45 +35.59, and...
Fortinet price target raised to $115 from $94 at Stephens
Stephens raised the firm’s price target on Fortinet (FTNT) to $115 from $94 and keeps an Equal Weight rating on the shares. Fortinet reported “very strong” Q1 results marked by
Fortinet price target raised to $110 from $90 at Piper Sandler
Piper Sandler raised the firm’s price target on Fortinet (FTNT) to $110 from $90 and keeps a Neutral rating on the shares. The firm notes the company delivered its largest
Fortinet price target raised to $86 from $70 at Mizuho
Mizuho analyst Gregg Moskowitz raised the firm’s price target on Fortinet (FTNT) to $86 from $70 and keeps an Underperform rating on the shares.
Fortinet price target raised to $75 from $73 at JPMorgan
JPMorgan raised the firm’s price target on Fortinet (FTNT) to $75 from $73 and keeps an Underweight rating on the shares.
Fortinet price target raised to $102 from $85 at Stifel
Stifel raised the firm’s price target on Fortinet (FTNT) to $102 from $85 and keeps a Hold rating on the shares.
Markets Open at Record Highs, Reacting to FTNT, DASH, MCD Earnings
Diane King Hall and Nicole Petallides report live from the NYSE floor as the S&P 500 (SPX) notches new all-time highs. The duo discuss a few early earnings movers including Fortinet (FTNT), DoorDash (...
Fortinet price target raised to $70 from $64 at Wells Fargo
Wells Fargo raised the firm’s price target on Fortinet (FTNT) to $70 from $64 and keeps an Underweight rating on the shares. While checks signaled strong HW buying, the magnitude
Fortinet price target raised to $115 from $90 at Baird
Baird analyst Shrenik Kothari raised the firm’s price target on Fortinet (FTNT) to $115 from $90 and keeps a Neutral rating on the shares. The firm updated its model following
Fortinet price target raised to $125 from $105 at Rosenblatt
Rosenblatt raised the firm’s price target on Fortinet (FTNT) to $125 from $105 and keeps a Buy rating on the shares after Fortinet delivered “strong” Q1 results and guidance that
Fortinet price target raised to $115 from $90 at UBS
UBS analyst Roger Boyd raised the firm’s price target on Fortinet (FTNT) to $115 from $90 and keeps a Neutral rating on the shares.
Why Flat VIX Could be Bullish: Stocks Near Highs & Reacting to ARM, FTNT, DDOG Earnings
"Flat line" in volatility is something to watch today, says Kevin Green. With premarket futures little changed ahead of Thursday's open, KG says the upwards momentum expansion could linger for a while...
Why Fortinet Stock Could Jump 39% as Earnings Ease AI Software Fears
AI ransomware and data centers are both driving up demand for Fortinet's products, analyst Gray Powell said.
Fortinet's stock rockets as earnings help dispel fears of AI disruption
An “increasingly complex threat environment” is boosting demand for Fortinet's cybersecurity offerings
Fortinet Earnings Call Transcript: Q1 2026
Q1 2026 saw billings up 31% and revenue up 20%, with strong growth in Secure Networking, OT, and SASE segments. Record free cash flow and robust margins led to raised full-year guidance, driven by AI adoption and platform differentiation.
Fortinet Reports Strong First Quarter 2026 Financial Results
Exceeds high end of first quarter guidance on revenue and profitability Raises 2026 revenue guidance to 1 5% year over year growth Highlights Revenue grew 20% year over year to $1.85 billion Product r...
Fortinet Expands FortiGate G Series to Secure AI from the Data Center to Modern Enterprise Edges
SUNNYVALE, Calif., May 06, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced new additions to its F...