Fortinet, Inc. (FTNT)
| Market Cap | 124.09B +93.8% |
| Revenue (ttm) | 7.53B +18.8% |
| Net Income | 2.12B +9.3% |
| EPS | 2.83 +12.8% |
| Shares Out | 733.71M |
| PE Ratio | 59.76 |
| Forward PE | 48.16 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,634,034 |
| Open | 182.35 |
| Previous Close | 181.91 |
| Day's Range | 166.75 - 182.94 |
| 52-Week Range | 73.55 - 197.13 |
| Beta | 1.04 |
| Analysts | Hold |
| Price Target | 167.91 (-0.72%) |
| Earnings Date | Oct 28, 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 $167.91, which is a decrease of -0.72% from the latest price.
News
Fortinet price target raised to $200 from $180 at UBS
UBS raised the firm’s price target on Fortinet (FTNT) to $200 from $180 and keeps a Neutral rating on the shares.
Fortinet price target raised to $160 from $138 at Mizuho
Mizuho raised the firm’s price target on Fortinet (FTNT) to $160 from $138 and keeps an Underperform rating on the shares. The firm adjusted targets in the software group as…
Fortinet price target raised to $160 from $135 at Wells Fargo
Wells Fargo analyst Richard Poland raised the firm’s price target on Fortinet (FTNT) to $160 from $135 and keeps an Underweight rating on the shares. The firm says that its…
Fortinet Shares Jump with Earnings on Horizon
Shares of cybersecurity firm Fortinet, Inc. (FTNT) are up 9,219% since institutions first bought big in 2010.
Fortinet price target raised to $225 from $215 at TD Cowen
TD Cowen analyst Shaul Eyal raised the firm’s price target on Fortinet (FTNT) to $225 from $215 and keeps a Buy rating on the shares ahead of the Q3 report.
Fortinet price target raised to $205 from $185 at RBC Capital
RBC Capital analyst Dan Bergstrom raised the firm’s price target on Fortinet (FTNT) to $205 from $185 and keeps a Sector Perform rating on the shares as part of a…
Fortinet price target raised to $210 from $190 at Barclays
Barclays analyst Saket Kalia raised the firm’s price target on Fortinet (FTNT) to $210 from $190 and keeps an Equal Weight rating on the shares. The firm adjusted targets in…
US software stocks scale fresh 2026 highs as AI disruption worries fade
US software stocks are touching fresh 2026 highs, supported by a sharp rise in earnings expectations, which according to several analysts indicate that fears over AI-led disruption in the sector were...
Fortinet to Announce Third Quarter 2026 Financial Results
SUNNYVALE, Calif., Oct. 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...
Josh Brown says these 3 cybersecurity stocks remain attractive
Rapid advances in artificial intelligence are widening corporate attack surfaces, turning enterprise security into an essential operating expense rather than a discretionary technology purchase. While...
Fortinet price target raised to $145 from $102 at Bernstein
Bernstein raised the firm’s price target on Fortinet (FTNT) to $145 from $102 and keeps a Market Perform rating on the shares. The firm notes cybersecurity investor sentiment has swung…
Fortinet opens $60M innovation hub in New York City, expands U.S. presence
Fortinet (FTNT) announced the opening of a new company-owned Innovation Hub in New York City. The new Innovation Hub will give customers and partners in the region greater access to…
Fortinet Expands U.S. Presence with New Company-Owned Innovation Hub in New York City
SUNNYVALE, Calif., Sept. 15, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the opening of a new...
KG: Dip Buyers Move Into AI Stocks, Crude Oil Spikes Near $105
Some investors are buying the dip in the latest tech selloff. Kevin Green discusses how commentary from Anthropic's Dario Amoedi and OpenAI CEO Sam Altman ignited fears of AI development and ways he s...
Fortinet assumed at Neutral from Outperform at Wedbush
As previously reported, Wedbush downgraded Fortinet (FTNT) to Neutral from Outperform with a price target of $155, up from $125, after assuming coverage of the cybersecurity sector. For Fortinet, the…
Fortinet downgraded to Neutral from Outperform at Wedbush
Wedbush downgraded Fortinet (FTNT) to Neutral from Outperform with a price target of $155, up from $125.
Fortinet Named a Leader in the 2026 Gartner® Magic Quadrant™ Report for Hybrid Mesh Firewall
Proven customer adoption across the broadest range of enterprise environments and continued innovation in AI, networking, cloud, and quantum security Proven customer adoption across the broadest range...
Fortinet Transcript: Goldman Sachs Communacopia + Technology Conference 2026
AI adoption and regulatory trends are driving demand for hybrid and sovereign security solutions, with rapid growth among neocloud providers and increased internal segmentation. New product bundles and enhanced AI visibility are boosting service revenue, while disciplined inventory and pricing strategies support stable margins.
Fortinet Launches Free High School Cybersecurity Curriculum to Build the Next Generation of Cyber Defenders
Fortinet Training Institute's New Technical High School Cybersecurity Curriculum gives U.S. secondary schools a no-cost, standards-aligned entry point into a two-year cybersecurity pathway Fortinet Tr...
Stanford Athletics and Cybersecurity Leader Fortinet Team Up for Multi-Year Sponsorship
STANFORD, Calif., Aug. 28, 2026 (GLOBE NEWSWIRE) -- Stanford Athletics has announced a new multi-year sponsorship agreement with Fortinet, the global cybersecurity leader driving the convergence of ne...
Fortinet Transcript: Rosenblatt's 6th Annual Technology Summit: The Age of AI (Part II)
Strong global demand drove hardware and SASE growth, with product revenue up 52% and OT billings up 55%. Innovation in AI, secure networking, and integrated solutions is fueling expansion, while new markets and upsell opportunities are expected to drive future growth.
Fortinet acquires Virtue AI, terms undisclosed
Fortinet (FTNT) announced it has acquired Virtue AI. Financial terms of the transaction are not disclosed, and the amount paid by Fortinet as consideration is immaterial to Fortinet’s business. Publis...
Fortinet Advances Continuous AI Protection with the Acquisition of Virtue AI
Virtue AI will enhance the Fortinet AI-Native Security Fabric with continuous agentic AI validation and runtime protection across the AI lifecycle Virtue AI will enhance the Fortinet AI-Native Securit...
AI Sales Push Fortinet Shares to New Heights
Shares of Fortinet, Inc. (FTNT) gain 7,982% since institutions first bought big in 2010.