Fortinet, Inc. (FTNT)

NASDAQ: FTNT · Real-Time Price · USD
83.04
-3.15 (-3.65%)
At close: Oct 10, 2025, 4:00 PM EDT
81.91
-1.13 (-1.36%)
After-hours: Oct 10, 2025, 6:17 PM EDT
-3.65%
Market Cap63.63B
Revenue (ttm)6.34B
Net Income (ttm)1.94B
Shares Out 766.27M
EPS (ttm)2.51
PE Ratio33.10
Forward PE32.05
Dividendn/a
Ex-Dividend Daten/a
Volume4,591,806
Open86.50
Previous Close86.19
Day's Range82.98 - 87.10
52-Week Range70.12 - 114.82
Beta1.10
AnalystsHold
Price Target94.57 (+13.89%)
Earnings DateNov 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
Employees 14,138
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 Summary

According to 34 analysts, the average rating for FTNT stock is "Hold." The 12-month stock price target is $94.57, which is an increase of 13.89% from the latest price.

Price Target
$94.57
(13.89% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Fortinet Annual Report Indicates AI Skillsets Critical to Cybersecurity Skills Gap Solution

87% of cybersecurity professionals expect AI to enhance their roles, offering efficiency and relief amid cyber skill shortages, but they require upskilling to unlock full potential 87% of cybersecurit...

2 days ago - GlobeNewsWire

Media Advisory: Fortinet Returns to World Economic Forum's Annual Meeting on Cybersecurity

SUNNYVALE, Calif., Oct. 07, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that For...

3 days ago - GlobeNewsWire

Armis and Fortinet Deepen Strategic Partnership to Streamline Security Programs of Global Organizations

SAN FRANCISCO--(BUSINESS WIRE)--Armis, the cyber exposure management & security company, and Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and securit...

3 days ago - Business Wire

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of November 21, 2025 in Fortinet, Inc. Lawsuit - FTNT

NEW YORK , Oct. 6, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Fortinet, Inc. (NYSE: FTNT). Shareholders who purchased shares of FTNT during the class period...

4 days ago - PRNewsWire

Shareholders who lost money in shares against Fortinet, Inc. (NASDAQ: FTNT) Should Contact Wolf Haldenstein Immediately

NEW YORK , Oct. 3, 2025 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed against Fortinet, Inc. (NASDAQ : FTNT) ("Forti...

7 days ago - PRNewsWire

BCI Further Solidifies Global Leadership in Cybersecurity with Sixth Fortinet Certified Expert (FCX/NSE8)

RIDGELAND, Miss.--(BUSINESS WIRE)--BCI, a premier provider of cutting-edge cybersecurity solutions and a global leader in Fortinet technologies, proudly announces a landmark achievement that underscor...

8 days ago - Business Wire

Fortinet to Announce Third Quarter 2025 Financial Results

SUNNYVALE, Calif., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a confere...

8 days ago - GlobeNewsWire

Fortinet: What's Next For FTNT Stock?

Fortinet (FTNT) stock achieved its fifth consecutive day of gains, resulting in a total increase of 6.9% during this timeframe. Over the past 5 days, the company has seen an increase in value of appro...

16 days ago - Forbes

Fortinet: Why My Mistimed Buy Doesn't Break The Bull Thesis

Fortinet (FTNT) remains a compelling long-term buy despite recent stock weakness and cyclical firewall refresh headwinds. FTNT's Q2 results showed healthy topline growth and stable gross margins, but ...

23 days ago - Seeking Alpha

4 Software Stocks Climb Into Top Growth Ranks

Four software stocks have achieved significant growth ranking improvements, each edging near the top 10th percentile according to this week's update. This surge signals robust expansion in earnings an...

Other symbols: DVMDBVS
4 weeks ago - Benzinga

Jim Cramer Calls Fortinet The 'Weakest' Cybersecurity Stock, Favors These 2 Instead

As investors navigate a rapidly shifting tech landscape, expert opinions and market forecasts play a critical role in guiding financial decisions. With cybersecurity and tech stocks frequently under t...

4 weeks ago - Benzinga

These Were the Best & Worst S&P 500 Stocks in August

A chemicals company and chip maker topped the list of gainers, while tech companies rounded out the biggest losers.

Other symbols: INTCITSMCI
6 weeks ago - Barrons

Fortinet Named a Leader in the 2025 Gartner® Magic Quadrant™ for Hybrid Mesh Firewall

SUNNYVALE, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet ® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has ...

6 weeks ago - GlobeNewsWire

Fortinet: I'm Buying More After Q2 Results

Fortinet's 30% stock drop is unjustified in my view; fundamentals remain strong, and recent results do not break the investment thesis. Growth in high-margin, recurring revenue segments like Unified S...

6 weeks ago - Seeking Alpha

Fortinet Named Title Partner of the Founders Cup

2026 Fortinet Founders Cup will be played at Sharon Heights Golf & Country Club in Menlo Park, California 2026 Fortinet Founders Cup will be played at Sharon Heights Golf & Country Club in Menlo Park,...

6 weeks ago - GlobeNewsWire

Fortinet, Inc. (FTNT) Goldman Sachs Fireside Chat Conference Call (Transcript)

Fortinet, Inc. (NASDAQ:FTNT) Goldman Sachs Fireside Chat Conference Call August 25, 2025 10:30 AM ET Company Participants Christiane Ohlgart - Chief Accounting Officer, CFO and Principal Financial & ...

6 weeks ago - Seeking Alpha

Fortinet, Inc. Investors: Company Investigated by the Portnoy Law Firm

LOS ANGELES, Aug. 21, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Fortinet, Inc. (“Fortinet” or “the Company”) (NASDAQ: FTNT C) investors that the firm has initiated an investigation into po...

7 weeks ago - GlobeNewsWire

Fortinet Connects Tepper Sports & Entertainment Teams with Unified SASE Solution

SUNNYVALE, Calif., Aug. 20, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet ® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Te...

7 weeks ago - GlobeNewsWire

Fortinet: Thesis Breakage Or Market Exaggeration?

Fortinet's stock drop is excessive; strong management, scalable products, and SASE growth support my long-term bullish thesis. Q2 results were solid: EPS beat, billings guidance raised, and firewall r...

2 months ago - Seeking Alpha

Fortinet to Participate in Fireside Chat Hosted by Goldman Sachs

SUNNYVALE, Calif., Aug. 15, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Ken...

2 months ago - GlobeNewsWire

Fortinet Enhances FortiRecon to Align with Continuous Threat Exposure Management (CTEM) Framework to Help Organizations Stay Ahead of Threats

New features integrate attack surface management, threat intelligence, and security orchestration to help security teams reduce risk faster and more proactively New features integrate attack surface m...

2 months ago - GlobeNewsWire

Fortinet: -24% After Earnings Makes This A Great Long-Term Opportunity

FTNT's post-earnings selloff is an overreaction; strong Q2 results and robust billings growth highlight ongoing business strength. The unified platform strategy and AI investments position FTNT for lo...

2 months ago - Seeking Alpha

FTNT Investors Have Opportunity to Join Fortinet, Inc. Fraud Investigation with the Schall Law Firm

LOS ANGELES , Aug. 12, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fortinet, Inc. ("For...

2 months ago - PRNewsWire

Fortinet: Strong ARR And Billings Acceleration Support FY25 Growth Story

Fortinet is a Buy for long-term investors, combining sustainable growth, high profitability, and a strong strategic position in cybersecurity. Subscription revenue growth, margin stability, and leader...

2 months ago - Seeking Alpha

Fortinet Shot Its Cyber Growth Story In The Foot

Fortinet raised billings growth guidance to +12% growth in CY25 but kept margins and revenue guidance the same, leading to some questions about growth. Markets were shocked to learn that the company w...

2 months ago - Seeking Alpha