Fortinet, Inc. (FTNT)

NASDAQ: FTNT · Real-Time Price · USD
97.34
-2.56 (-2.56%)
Aug 1, 2025, 3:37 PM - Market open
-2.56%
Market Cap74.51B
Revenue (ttm)6.14B
Net Income (ttm)1.88B
Shares Out 765.42M
EPS (ttm)2.43
PE Ratio40.09
Forward PE38.55
Dividendn/a
Ex-Dividend Daten/a
Volume3,139,511
Open99.38
Previous Close99.90
Day's Range96.83 - 99.38
52-Week Range54.57 - 114.82
Beta1.06
AnalystsBuy
Price Target109.00 (+11.98%)
Earnings DateAug 6, 2025

About KRON

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 31 analysts, the average rating for FTNT stock is "Buy." The 12-month stock price target is $109.0, which is an increase of 11.98% from the latest price.

Price Target
$109.0
(11.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 days ago - GlobeNewsWire

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...

10 days ago - GlobeNewsWire

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...

10 days ago - GlobeNewsWire

6 Cybersecurity Stocks to Buy Now

With global security spending continuing to rise, these cybersecurity stocks are worth a closer look.

Other symbols: CHKPCRWDPANWZS
11 days ago - Kiplinger

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...

17 days ago - GlobeNewsWire

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.

Other symbols: ADSKWAT
18 days ago - Investopedia

Fortinet Report: OT Cybersecurity Risk Elevates within Executive Leadership Ranks

More than half (52%) of organizations report that the CISO/CSO is responsible for OT, up from 16% in 2022, while 95% of organizations report that the C-suite is responsible for OT, up from 41% in 2022...

23 days ago - GlobeNewsWire

Fortinet: SASE Subscription Fuels Margins

We rate Fortinet a Strong Buy with a $148 price target, driven by a subscription-led mix shift and unified platform momentum. Accelerating SASE and AI-powered SecOps adoption, plus a dominant firewall...

4 weeks ago - Seeking Alpha

Fortinet: Highly Profitable, Founder-Led, And With Industry Tailwinds

The cybersecurity industry enjoys robust growth, with remote work, cloud, and AI providing strong tailwinds for Fortinet. Fortinet is led by its founders, who have a proven track record and a substant...

4 weeks ago - Seeking Alpha

Fortinet to Announce Second Quarter 2025 Financial Results

SUNNYVALE, Calif., July 02, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will h...

4 weeks ago - GlobeNewsWire

Fortinet Recognized as the Overall Leader for the Third Time in a Row in the Westlands Advisory IT/OT Network Protection Platform Navigator 2025™ Report

Fortinet earns top ranking in both Strategic Direction and Capability Fortinet earns top ranking in both Strategic Direction and Capability

4 weeks ago - GlobeNewsWire

Fortinet Named a Leader in the 2025 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure for the Second Year in a Row

Fortinet wired and WLAN solutions have long been integrated into the Fortinet Security Fabric, delivering a proven, AI-powered platform that converges networking and security to reduce complexity, mit...

4 weeks ago - GlobeNewsWire

Final Trades: Crowdstrike, Leidos Holdings, Fortinet and the BUG

The Investment Committee react to the news out of Qatar and give you their top stocks to watch for the second half.

Other symbols: CRWDLDOSBUG
5 weeks ago - CNBC Television

Fortinet Strengthens Code-to-Cloud Security with CNAPP Enhancements and Launches Expanded Solution Availability in AWS Marketplace

SUNNYVALE, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced powerful...

6 weeks ago - GlobeNewsWire

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 weeks 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...

2 months 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 -...

2 months 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...

2 months 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...

2 months 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...

2 months 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.

2 months 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...

2 months 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...

2 months 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...

2 months ago - Seeking Alpha

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

The cybersecurity stock fell despite beating earnings expectations.

3 months ago - Barrons