Fortinet, Inc. (FTNT)

NASDAQ: FTNT · Real-Time Price · USD
101.95
+1.12 (1.11%)
At close: Jun 16, 2025, 4:00 PM
102.17
+0.22 (0.22%)
After-hours: Jun 16, 2025, 6:39 PM EDT
1.11%
Market Cap 78.03B
Revenue (ttm) 6.14B
Net Income (ttm) 1.88B
Shares Out 765.42M
EPS (ttm) 2.43
PE Ratio 41.97
Forward PE 40.29
Dividend n/a
Ex-Dividend Date n/a
Volume 3,518,379
Open 101.10
Previous Close 100.83
Day's Range 101.10 - 103.23
52-Week Range 54.57 - 114.82
Beta 1.07
Analysts Buy
Price Target 106.93 (+4.89%)
Earnings Date Aug 5, 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]

Sector Technology
IPO Date Nov 18, 2009
Country United States
Stock Exchange NASDAQ
Ticker Symbol FTNT
Full Company Profile

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 Statements

Analyst Forecast

According to 32 analysts, the average rating for FTNT stock is "Buy." The 12-month stock price forecast is $106.93, which is an increase of 4.89% from the latest price.

Price Target
$106.93
(4.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

20 stocks of companies that have improved profit margins and are expected to grow quickly

These companies are more profitable than they were a year ago. They are also expected to put up huge sales growth numbers through 2027.

7 days ago - Market Watch

Fortinet Unveils New AI-Powered Workspace Security Suite to Protect the Modern Enterprise

SUNNYVALE, Calif., June 04, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced enhancem...

12 days ago - GlobeNewsWire

Fortinet, Inc. (FTNT) Bank of America Global Technology Conference (Transcript)

Fortinet, Inc. (NASDAQ:FTNT) Bank of America Global Technology Conference June 3, 2025 12:20 PM ET Company Participants Ken Xie - CEO Christiane Ohlgart - CFO Conference Call Participants Tal Liani -...

13 days ago - Seeking Alpha

Fortinet's Sticky Firewall Offerings Trigger Further Upside Potential - Initiate Buy

Fortinet's sticky firewall offerings have been exemplified by the robust performance metrics, as the increased adoption/cross-selling trigger higher ARRs and backlog. This is on top of the expanding p...

17 days ago - Seeking Alpha

Spectrotel Achieves Expert Level in Fortinet's Engage Partner Program

NEPTUNE, N.J., May 29, 2025 (GLOBE NEWSWIRE) -- Spectrotel, a leading provider of Managed Network Services, today announced that it has achieved Expert-level partner status within Fortinet's Engage Pa...

18 days ago - GlobeNewsWire

Fortinet: Poised For Further Upside

Fortinet offers robust long-term growth potential with a strong recurring revenue base and critical cybersecurity positioning, despite short-term hardware demand volatility. Proprietary ASIC technolog...

18 days ago - Seeking Alpha

BCI Wins Fortinet's Growth Partner of the Year Award

RIDGELAND, Miss.--(BUSINESS WIRE)--BCI Wins Fortinet's Growth Partner of the Year Award.

20 days ago - Business Wire

Fortinet Named a Challenger in the 2025 Gartner® Magic Quadrant™ for Security Service Edge

Fortinet recognized in 11 Gartner® Magic Quadrant™ reports, including for Single-Vendor SASE, SD-WAN, and Security Service Edge, and we believe these recognitions highlight the strength of the Fortine...

24 days ago - GlobeNewsWire

Liquid Networx Wins Fortinet's Unified SASE Partner of the Year Award

SAN ANTONIO--(BUSINESS WIRE)-- #Fortinet--Liquid Networx, a premier cybersecurity and managed services provider, announced today that it was named Fortinet's Unified SASE Partner of the Year. The Fort...

25 days ago - Business Wire

Fortinet Inc (FTNT) Annual JPMorgan Global Technology, Media and Communications Conference (Transcript)

Fortinet Inc (NASDAQ:FTNT) Annual JPMorgan Global Technology, Media and Communications Conference May 13, 2024 2:30 PM ET Company Participants John Whittle - Chief Operating Officer Christiane Ohlgar...

4 weeks ago - Seeking Alpha

Why Fortinet Stock Is Today's Worst S&P 500 Performer

The cybersecurity stock fell despite beating earnings expectations.

5 weeks ago - Barrons

Fortinet, Inc. (FTNT) Q1 2025 Earnings Call Transcript

Fortinet, Inc. (NASDAQ:FTNT) Q1 2025 Earnings Conference Call May 7, 2025 4:30 PM ET Company Participants Aaron Ovadia - Senior Director of Investor Relations Ken Xie - Founder, Chairman and CEO Keit...

5 weeks ago - Seeking Alpha

Fortinet Reports First Quarter 2025 Financial Results

Highlights Total revenue of $1.54 billion , up 14% year over year Product revenue of $459 million, up 12% year over year Billings of $1.60 billion, up 14% year over year 1 Unified SASE ARR 2 up 26% an...

5 weeks ago - GlobeNewsWire

Fortinet Expands Hybrid Mesh Firewall Portfolio with FortiGate 700G

New FortiGate series delivers scalable, high-performance security for the modern campus, now enhanced with FortiOS post-quantum capabilities and FortiAI-Protect for advanced threat detection and GenAI...

5 weeks ago - GlobeNewsWire

Fortinet: Buy For Their Diversified And SASE Segment Growth

Fortinet (FTNT) is a leader in cybersecurity, excelling in firewall units and rapidly growing in the SASE market, making it a strong buy. FTNT's robust financial performance includes a 400% gain over ...

5 weeks ago - Seeking Alpha

Chris Verrone says cybersecurity stocks have more room to run

'Fast Money' trader Chris Verrone charts the next moves in the cybersecurity space.

Other symbols: CRWDCYBRHACKPANW
6 weeks ago - CNBC Television

BCI Strengthens National Presence with Strategic Acquisition of Pennsylvania-Based Fortinet Partner Trustlink Technologies

RIDGELAND, Miss.--(BUSINESS WIRE)--BCI continues to make strategic moves, this time by acquiring Trustlink Technologies, a highly respected cybersecurity services and consulting firm in Harrisburg, Pe...

6 weeks ago - Business Wire

Vodafone Business and Fortinet Expand Global Partnership to Secure Hybrid Work

Vodafone Business expands its converged networking and cybersecurity services powered by the Fortinet Unified SASE solution to new global markets. Vodafone Business has been also designated “Fortinet ...

6 weeks ago - GlobeNewsWire

Fortinet Threat Report Reveals Record Surge in Automated Cyberattacks as Adversaries Weaponize AI and Fresh Techniques

FortiGuard Labs 2025 Global Threat Landscape Report highlights a boom in Cybercrime-as-a-Service on the darknet, fueling a lucrative market for credentials, exploits, and access

7 weeks ago - GlobeNewsWire

Fortinet: Three Major Growth Catalysts

Fortinet: Three Major Growth Catalysts

7 weeks ago - Seeking Alpha

Fortinet Achieves GovRAMP Security Authorization

GovRAMP, formerly known as StateRAMP, authorization highlights Fortinet's ongoing commitment to secure critical government operations and functions with advanced threat intelligence GovRAMP, formerly ...

7 weeks ago - GlobeNewsWire

BCI Reaches Unprecedented Number of Fortinet Certifications and Specializations

RIDGELAND, Miss.--(BUSINESS WIRE)-- #BCI--BCI is thrilled to announce a groundbreaking achievement that highlights our commitment to excellence in cybersecurity. Our team has reached an impressive mil...

2 months ago - Business Wire

Fortinet Releases its 2024 Sustainability Report

SUNNYVALE, Calif., April 16, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today released its 2024...

2 months ago - GlobeNewsWire

Here are this week's 20 best performers as the S&P 500 rallied

Believe it or not, we just completed a good week for the U.S. stock market. The S&P 500 rose 5.7% through Friday's close from a week earlier, with three-quarters of component stocks showing gains.

2 months ago - Market Watch

Fortinet Wins 2025 Google Cloud Technology Partner of the Year Award

Fortinet Recognized for Advancing Cloud Security with Integrated, Scalable Solutions for Google Cloud Customers Fortinet Recognized for Advancing Cloud Security with Integrated, Scalable Solutions for...

2 months ago - GlobeNewsWire