Fortinet, Inc. (FTNT)
| Market Cap | 61.72B |
| Revenue (ttm) | 6.55B |
| Net Income (ttm) | 1.87B |
| Shares Out | 766.27M |
| EPS (ttm) | 2.43 |
| PE Ratio | 33.15 |
| Forward PE | 28.61 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 13,362,958 |
| Open | 76.05 |
| Previous Close | 85.99 |
| Day's Range | 75.31 - 81.69 |
| 52-Week Range | 70.12 - 114.82 |
| Beta | 1.09 |
| Analysts | Hold |
| Price Target | 91.90 (+14.11%) |
| Earnings Date | Nov 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 Summary
According to 33 analysts, the average rating for FTNT stock is "Hold." The 12-month stock price target is $91.9, which is an increase of 14.11% from the latest price.
News
QCOM Margins Pressure, FTNT Slides, KMX 52-Week Low After Earnings
George Tsilis tackles Thursday morning's earnings slate starting with Qualcomm (QCOM), which traded down after it showed pressure on margins. The pressure wasn't as strong as it was against CarMax (KM...
Fortinet, Inc. (FTNT) Q3 2025 Earnings Call Transcript
Fortinet, Inc. ( FTNT) Q3 2025 Earnings Call November 5, 2025 4:30 PM EST Company Participants Anthony Luscri Ken Xie - Co-Founder, Chairman & CEO Christiane Ohlgart - Chief Accounting Officer, CFO a...
Fortinet Stock Falls On Q3 Earnings: The Details
Fortinet Inc (NASDAQ:FTNT) reported financial results for the third quarter after the market close on Wednesday. Here's a look at the key details from the report.
Fortinet Reports Third Quarter 2025 Financial Results
Highlights Revenue grew 14% year over year to $1.72 billion Product revenue grew 18% year over year to $559.3 million Billings grew 14% year over year to $1.81 billion 1 Record third quarter GAAP oper...
Fortinet Launches Secure AI Data Center Solution to Protect Models, Data, and Infrastructure at Scale
SUNNYVALE, Calif., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the Secure AI Data Ce...
Fortinet: Decade Low Forward P/E Reveals Buying Opportunity
Fortinet continues to grow revenues in the double digits, adhere to the Rule of 45 and aim to do so for the next 3-5 years. Increased sales and CapEx spend should pay off later, though lowering operat...
Fortinet Q3 Earnings Preview: I Expect A Beat, But I'm Waiting To Buy
Fortinet is a profitable cybersecurity leader with diversified offerings, custom chips, and strong growth prospects in a rapidly expanding market. FTNT's hybrid security approach and unified platform ...
Fortinet: Providing Security In Times Of Uncertainty
Fortinet is rated a Strong Buy, with a short-term price target of $88.53, and a medium-term upside of over 17%. FTNT benefits from growing recurring revenues, high margins, robust buybacks, and a $3.4...
Cybersecurity "Here to Stay:" Companies See Greater Spend as Risks Increase
Cybersecurity stocks like CrowdStrike (CRWD) and ZScaler (ZS) showed great returns for investors over the last year. Alex Hamerstone doesn't see the trend slowing down.
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of November 21, 2025 in Fortinet, Inc. Lawsuit – FTNT
NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Fortinet, Inc. (NASDAQ: FTNT).
FORTINET REMINDER: Bragar Eagel & Squire, P.C. Urges Fortinet, Inc. Investors to Contact the Firm Before the November 21st Deadline
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Fortinet (FTNT) To Contact Him Directly To Discuss Their Options If you purchased or acquir...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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.
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 ...
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...