Fortinet, Inc. (FTNT)
| Market Cap | 118.78B +108.4% |
| Revenue (ttm) | 7.53B +18.8% |
| Net Income | 2.12B +9.3% |
| EPS | 2.83 +12.8% |
| Shares Out | 733.71M |
| PE Ratio | 57.21 |
| Forward PE | 46.19 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,156,358 |
| Open | 163.24 |
| Previous Close | 164.21 |
| Day's Range | 160.74 - 163.92 |
| 52-Week Range | 73.55 - 172.09 |
| Beta | 1.06 |
| Analysts | Hold |
| Price Target | 160.86 (-0.64%) |
| Earnings Date | Jul 29, 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 44 analysts, the average rating for FTNT stock is "Hold." The 12-month stock price target is $160.86, which is a decrease of -0.64% from the latest price.
News
Hackers Target Wall Street in New Set of Attacks
Hackers launched a wave of sophisticated attacks on Wall Street firms in recent days, according to people familiar. Hedge funds have been the main target.
Fortinet price target raised to $160 from $115 at Susquehanna
Susquehanna raised the firm’s price target on Fortinet (FTNT) to $160 from $115 and keeps a Neutral rating on the shares. The firm said the company is seeing a notable…
Thursday Morning's Movers: MA, FTNT, LRCX Rally
Diane King Hall reports from a risk-on open at the New York Stock Exchange. Shares of Mastercard (MA) is higher after posting beats on earnings and revenue while boosting its full-year outlook as core...
Fortinet price target raised to $163 from $110 at Scotiabank
Scotiabank raised the firm’s price target on Fortinet (FTNT) to $163 from $110 and keeps a Sector Perform rating on the shares. The company delivered a “strong” print, with fast…
Fortinet price target raised to $185 from $160 at RBC Capital
RBC Capital raised the firm’s price target on Fortinet (FTNT) to $185 from $160 and keeps a Sector Perform rating on the shares. The quarter was again highlighted by impressive…
Fortinet price target raised to $118 from $100 at JPMorgan
JPMorgan raised the firm’s price target on Fortinet (FTNT) to $118 from $100 and keeps an Underweight rating on the shares.
Fortinet price target raised to $165 from $140 at Baird
Baird raised the firm’s price target on Fortinet (FTNT) to $165 from $140 and keeps a Neutral rating on the shares. The firm updated its model following Q2 results and…
Fortinet price target raised to $165 from $150 at Evercore ISI
Evercore ISI raised the firm’s price target on Fortinet (FTNT) to $165 from $150 and keeps an In Line rating on the shares.
Fortinet price target raised to $160 from $100 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Fortinet (FTNT) to $160 from $100 and keeps a Hold rating on the shares.
Fortinet price target raised to $136 from $133 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Fortinet (FTNT) to $136 from $133 and keeps an Equal Weight rating on the shares. Q2 results beat expectations and strengthened from…
Move Over Memory, Fortinet Earnings Show Cybersecurity Stocks Are Red-Hot AI Plays
The cybersecurity company's earnings were so good the stock is set to join the exclusive club of S&P 500 names to double in 2026.
Fortinet price target raised to $185 from $165 at Cantor Fitzgerald
Cantor Fitzgerald analyst Jonathan Ruykhaver raised the firm’s price target on Fortinet (FTNT) to $185 from $165 and keeps a Neutral rating on the shares. Fortinet delivered “impressive” Q2 results,…
Fortinet price target raised to $180 from $115 at UBS
UBS analyst Roger Boyd raised the firm’s price target on Fortinet (FTNT) to $180 from $115 and keeps a Neutral rating on the shares. Fortinet delivered another strong Q2 beat…
Fortinet price target raised to $203 from $186 at BTIG
BTIG analyst Gray Powell raised the firm’s price target on Fortinet (FTNT) to $203 from $186 and keeps a Buy rating on the shares. The company delivered a great print…
Fortinet price target raised to $175 from $102 at Stifel
Stifel raised the firm’s price target on Fortinet (FTNT) to $175 from $102 and keeps a Hold rating on the shares.
Fortinet price target raised to $190 from $116 at Goldman Sachs
Goldman Sachs analyst Gabriela Borges raised the firm’s price target on Fortinet (FTNT) to $190 from $116 and keeps a Buy rating on the shares. Fortinet’s Q2 update reflects both…
Fortinet price target raised to $185 from $165 at Citi
Citi raised the firm’s price target on Fortinet (FTNT) to $185 from $165 and keeps a Neutral rating on the shares.
Fortinet price target raised to $175 from $110 at Piper Sandler
Piper Sandler raised the firm’s price target on Fortinet (FTNT) to $175 from $110 and keeps a Neutral rating on the shares. The firm notes 52% year-over-years product growth and…
Fortinet price target raised to $135 from $120 at Wells Fargo
Wells Fargo raised the firm’s price target on Fortinet (FTNT) to $135 from $120 and keeps an Underweight rating on the shares. The firm notes Q2 upside was again better-than-expected…
Fortinet price target raised to $190 from $170 at Barclays
Barclays raised the firm’s price target on Fortinet (FTNT) to $190 from $170 and keeps an Equal Weight rating on the shares following the earnings report. Acceleration to 52% product…
Fortinet lifts annual revenue forecast on strong cybersecurity demand
Cybersecurity firm Fortinet on Wednesday lifted its annual revenue forecast after reporting strong second-quarter results, signaling strong enterprise spending on its services amid rising data secur...
Fortinet Earnings Call Transcript: Q2 2026
Q2 2026 saw billings up 33% and revenue up 26% year-over-year, with product revenue surging 52% and free cash flow tripling to $966M. Strong demand across Secure Networking, SASE, and OT, plus new AI-driven solutions, led to raised full-year guidance and record margins.
Fortinet Slides: Q2 2026
Fortinet has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 29, 2026.
Fortinet Earnings release: Q2 2026
Fortinet released its Q2 2026 earnings on July 29, 2026, summarizing the period's financial results.
Fortinet Quarterly report: Q2 2026
Fortinet has published its Q2 2026 quarterly earnings report on July 29, 2026.