Fortinet, Inc. (FTNT)
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]
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 StatementsAnalyst 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.
News

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...

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 -...

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...

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...

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...

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

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...

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...

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...

Why Fortinet Stock Is Today's Worst S&P 500 Performer
The cybersecurity stock fell despite beating earnings expectations.

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...

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...

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...

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 ...
Chris Verrone says cybersecurity stocks have more room to run
'Fast Money' trader Chris Verrone charts the next moves in the cybersecurity space.

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...

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 ...

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

Fortinet: Three Major Growth Catalysts
Fortinet: Three Major Growth Catalysts

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 ...

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...

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...

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.

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...