Fortinet, Inc. (FTNT)
| Market Cap | 118.40B +49.5% |
| Revenue (ttm) | 7.11B +15.7% |
| Net Income | 1.95B +4.0% |
| EPS | 2.58 +6.2% |
| Shares Out | 732.65M |
| PE Ratio | 62.66 |
| Forward PE | 51.75 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,651,642 |
| Open | 160.50 |
| Previous Close | 160.78 |
| Day's Range | 158.93 - 163.83 |
| 52-Week Range | 70.12 - 170.35 |
| Beta | 1.09 |
| Analysts | Hold |
| Price Target | 117.81 (-27.1%) |
| 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 $117.81, which is a decrease of -27.10% from the latest price.
News
3 stocks riding the wave from IBM's earnings disaster
IBM stock suffered its worst one-day decline on record after the technology group admitted that customers were moving money away from its products and towards urgently needed data-centre infrastructur...
Fortinet Expands FortiEndpoint with New Capabilities for the AI Era
SUNNYVALE, Calif., July 14, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced new capabilities for ...
Fortinet Up 100% YTD from AI Demand
Shares of Fortinet, Inc. (FTNT) gain 7,651% since institutions first bought big in 2010.
Fortinet to Announce Second Quarter 2026 Financial Results
SUNNYVALE, Calif., July 02, 2026 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will h...
Fortinet Appoints Public Sector Leader and Tech Executive Derek Kan to Its Board of Directors
SUNNYVALE, Calif., June 24, 2026 (GLOBE NEWSWIRE) -- Fortinet® (Nasdaq: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the appointment of De...
Fortinet says 'credential-harvesting campaign' is targeting its Firewalls and VPN devices
Cybersecurity company Fortinet said Wednesday that it was aware of a "credential-harvesting campaign" targeting its firewall and VPN devices.
Cybercriminals allegedly hacked tens of thousands of Fortinet firewalls used by major companies all over the world
Cybercriminals have compromised tens of thousands of Fortinet firewalls and VPNs used by major companies all over the world, according to two cybersecurity firms.
Fortinet Launches FortiSOC, a Unified SOC Platform Powered by Agentic AI
New cloud-delivered SOC platform brings together six core security operations functions into a single AI SOC experience designed to simplify and scale modern security operations New cloud-delivered SO...
Fortinet Transcript: Bank of America 2026 Global Technology Conference
Strong billing and product growth are driven by AI adoption, internal segmentation, and OT security. Integrated SASE and SD-WAN solutions, cost advantages, and sovereign SASE expansion are fueling market share gains, with upsell, cross-sell, and new customer acquisition supporting sustained momentum.
Fortinet Transcript: Status update
Quantum computing poses imminent risks to current encryption, with attackers already exploiting vulnerabilities through 'harvest now, decrypt later' tactics. Fortinet's solutions enable seamless, cost-free adoption of post-quantum cryptography with minimal performance impact, supporting phased migration and regulatory compliance across critical sectors.
Goldman Sachs reveals its top non-AI stocks
The artificial intelligence (AI) boom continues to set the direction for global financial markets in 2026, but Goldman Sachs strategists argue that opportunities exist outside this tech narrative as w...
Three cybersecurity names Josh Brown added to his 'best stocks' list
Josh Brown has added three cybersecurity names, Fortinet, Palo Alto Networks, and CrowdStrike, to his closely watched “best stocks in the market” portfolio. Cybersecurity stands as the singular, non-n...
Fortinet Transcript: J.P. Morgan 54th Annual Global Technology, Media and Communications Conference
AI data center demand and data sovereignty are driving global deployments, with low power consumption and unified OS as key advantages. Product mix is shifting toward firewalls and OT security, while service bundling and sovereign SASE solutions expand market reach. Inventory and supply chain strategies support strong demand and a positive outlook.
See How Fortinet Gains on AI Demand, Institutional Inflows
Shares of Fortinet, Inc. (FTNT) gain 5,853% since institutions first bought big in 2010.
Fortinet Deepens Integration to Uniquely Secure Enterprise AI at Scale with NVIDIA
SUNNYVALE, Calif., May 12, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that it is acceleratin...
Software Shines With Booming Earnings Season Thundering Along
Strong quarterly reports limit the damage as S&P pulls back from record.
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 (...
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 Slides: Q1 2026
Fortinet has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.
Fortinet Earnings release: Q1 2026
Fortinet released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.