Fortinet, Inc. (FTNT)
| Market Cap | 56.94B |
| Revenue (ttm) | 6.34B |
| Net Income (ttm) | 1.94B |
| Shares Out | 765.42M |
| EPS (ttm) | 2.51 |
| PE Ratio | 29.65 |
| Forward PE | 28.72 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 17,022,804 |
| Open | 76.11 |
| Previous Close | 75.30 |
| Day's Range | 72.83 - 76.71 |
| 52-Week Range | 67.98 - 114.82 |
| Beta | 1.08 |
| Analysts | Hold |
| Price Target | 96.07 (+29.14%) |
| Earnings Date | Aug 6, 2025 |
About FTNT
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers secure networking solutions that focus on the convergence of networking and security; network firewall solutions, which consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless local area network (LAN) solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless LAN access points, and FortiExtender 5G connectivity ga... [Read more]
Financial Performance
In 2024, Fortinet's revenue was $5.96 billion, an increase of 12.27% compared to the previous year's $5.30 billion. Earnings were $1.75 billion, an increase of 52.05%.
Financial StatementsAnalyst Summary
According to 33 analysts, the average rating for FTNT stock is "Hold." The 12-month stock price target is $96.07, which is an increase of 29.14% from the latest price.
News
Fortinet Is Not Dead Yet: Add On Q2 2025 Earnings Pullback
I'm doubling down on my buy call on Fortinet after the post-earnings sell-off, citing long-term growth potential and attractive valuation versus peers.
Fortinet: FTNT Stock To $150?
Fortinet (NASDAQ:FTNT), a cybersecurity firm with a market capitalization of $58 billion, presents a compelling investment opportunity with the potential to double its stock price within the next four...
Stocks Swing Lower as Eli Lilly, Fortinet Spiral: Stock Market Today
The main indexes finished well off their session highs after a disappointing batch of corporate earnings reports.
How options trading in Palantir, Uber and Fortinet offers clues to the stocks' postearnings moves
Key market indicators currently point to more upside for the S&P 500.
Why Fortinet's stock could see its worst drop on record
The cybersecurity company just shared that it's 40% to 50% done with an upgrade cycle for firewalls — but some analysts think that limits future opportunities.
Fortinet stock plunges 25% despite strong Q2 earnings: analysts point to this red flag
Fortinet stock (NASDAQ: FTNT) took a beating in the markets, as it tanked 25%, a steep drop that came as a surprise to many, especially considering the company's numbers weren't bad. It brought in $1....
Top Stock Movers Now: DoorDash, Fortinet, Eli Lilly, and More
U.S. equities were mixed at midday as the market continued to focus on earnings, and new U.S. tariffs kicked in. The Nasdaq was up, while the Dow Jones Industrial Average and S&P 500 fell.
FTNT Sells 25%, CELH Soars & ELF Shows Tariff Weakness After Earnings
e.l.f. Beauty (ELF) gave back all the gains it made since its previous earnings report after exhibiting weakness around tariff uncertainty. Fortinet (FTNT) sold off a staggering 25% after the opening ...
FTNT Investors Have Opportunity to Join Fortinet, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)---- $FTNT--FTNT Investors Have Opportunity to Join Fortinet, Inc. Fraud Investigation with the Schall Law Firm.
Redwire Posts Downbeat Q2 Results, Joins Tandem Diabetes Care, Fortinet, Symbotic And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Thursday.
Fortinet: Is The Fall In FTNT Stock Warranted?
Following an earnings report that surpassed analyst forecasts, Fortinet (NASDAQ:FTNT) stock fell 17% in after-hours trading. Although the company's third-quarter revenue guidance was marginally lower ...
Fortinet Stock Tumbles 20% After Earnings Beat. Why It Caught a Downgrade.
Investors focused on the outlook for upgrades of firewall products.
These Stocks Are Moving the Most Today: Fortinet, AppLovin, Eli Lilly, Airbnb, Duolingo, and More
A slew or company results were causing big market moves ahead of the opening bell Thursday, and for many, earnings-beat wasn't enough to prevent a selloff.
Fortinet, Inc. (FTNT) Q2 2025 Earnings Call Transcript
Fortinet, Inc. (NASDAQ:FTNT) Q2 2025 Earnings Conference Call August 6, 2025 4:30 PM ET Company Participants Aaron Ovadia - Senior Director of Investor Relations Christiane Ohlgart - Chief Accounting...
Fortinet forecasts third-quarter sales below estimates as trade uncertainty weighs
Fortinet forecast third-quarter revenue below Wall Street estimates on Wednesday, as businesses cut back on spending amid widespread macroeconomic uncertainty stemming from global trade tensions, send...
Fortinet Reports Second Quarter 2025 Financial Results
Highlights Revenue grew 14% year over year to $1.63 billion Billings grew 15% year over year to $1.78 billion 1 Unified SASE ARR up 22% and Security Operations ARR up 35% , year over year 2 GAAP opera...
Fortinet Expands FortiCloud with Identity, Secure Storage, and Communication Services to Power the Modern Enterprise
SUNNYVALE, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet ® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced a major...
Great Plains Communications Leverages Fortinet Technology to Provide Next-Generation Firewall Services for Small to Medium Sized Businesses
Blair, Nebraska, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Great Plains Communications (GPC), the leading Midwestern telecommunications provider, today announced it will be leveraging Fortinet FortiGate Next-...
Fortinet: Why I'm Bullish On Long-Term Growth As Cloud And AI Drive Value
Fortinet remains a Buy for me—recurring revenue, strong cash flow, and expanding cloud/AI offerings outweigh short-term volatility and cautious guidance. Profitability and margins are industry-leading...
Fortinet Fabric-Ready Technology Alliance Partner Program Surpasses 3,000 Integrations Across More Than 400 Partners
Fortinet's industry-leading Open Ecosystem simplifies security and accelerates digital transformation for organizations worldwide Fortinet's industry-leading Open Ecosystem simplifies security and acc...
Fortinet Advances Quantum-Safe Security to Guard against Emerging Quantum Threats
SUNNYVALE, Calif., July 22, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet ® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced expande...
Fortinet Honors the Life and Contributions of Valued Board Member William H. Neukom
SUNNYVALE, Calif., July 21, 2025 (GLOBE NEWSWIRE) -- Fortinet ® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the passing of Willi...
6 Cybersecurity Stocks to Buy Now
With global security spending continuing to rise, these cybersecurity stocks are worth a closer look.
Fortinet Recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for SASE Platforms
Fortinet believes its long-term vision of converging networking and security is validated by being named a Leader in both the 2025 SASE Platforms and 2024 SD-WAN Gartner Magic Quadrant reports Fortine...
Top Stock Movers Now: Autodesk, Fortinet, Waters, and More
Major U.S. equities indexes were little changed at midday Monday, as investors weighed the possible impact of the latest tariff announcements from President Trump.