Fortinet, Inc. (FTNT)
| Market Cap | 111.63B +38.8% |
| Revenue (ttm) | 7.11B +15.7% |
| Net Income | 1.95B +4.0% |
| EPS | 2.58 +6.2% |
| Shares Out | 732.65M |
| PE Ratio | 59.08 |
| Forward PE | 48.73 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,816,715 |
| Open | 152.70 |
| Previous Close | 151.54 |
| Day's Range | 151.48 - 154.32 |
| 52-Week Range | 70.12 - 170.35 |
| Beta | 1.09 |
| Analysts | Hold |
| Price Target | 131.78 (-13.51%) |
| Earnings Date | Jul 29, 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 $131.78, which is a decrease of -13.51% from the latest price.
News
Fortinet price target raised to $165 from $110 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Fortinet (FTNT) to $165 from $110 and keeps a Neutral rating on the shares. Fortinet’s long-term outlook remains supported by its integrated…
Fortinet price target raised to $165 from $115 at Citi
Citi analyst Fatima Boolani raised the firm’s price target on Fortinet (FTNT) to $165 from $115 and keeps a Neutral rating on the shares ahead of the Q2 report. The…
Intel Stock (NASDAQ:INTC) Blasts Up After Fortinet Team-Up
Chip stock Intel ($INTC) made some nice gains yesterday by announcing some layoffs, but boy, did it really have an encore waiting in the wings! Intel brought out word about…
Intel, Fortinet announce collaboration to develop Fortinet Security Processor 6
Intel Corporation (INTC) and Fortinet (FTNT) announced a strategic collaboration to develop Fortinet Security Processor 6. Expanding a long-standing relationship between the two companies, this collab...
Intel's foundry lands first named customer under CEO Lip-Bu Tan, as Fortinet signs on for security chips
Cybersecurity firm Fortinet will use Intel's foundry services to produce its next-generation security chip, the two companies announced Tuesday. Fortinet is the first announced corporate customer for ...
Intel and Fortinet Collaborate to Advance Cybersecurity Innovation and Strengthen Global Supply Chain Resilience
SANTA CLARA, Calif. & SUNNYVALE, Calif.--(BUSINESS WIRE)--Intel and Fortinet Collaborate to Advance Cybersecurity Innovation and Strengthen Global Supply Chain Resilience.
Fortinet price target raised to $183 from $120 at Truist
Truist raised the firm’s price target on Fortinet (FTNT) to $183 from $120 and keeps a Buy rating on the shares as part of a broader research note previewing Q2…
Fortinet price target raised to $120 from $70 at Baird
Baird analyst Shrenik Kothari raised the firm’s price target on Fortinet (FTNT) to $120 from $70 and keeps a Neutral rating on the shares. The firm updated its model ahead…
Fortinet upgraded to Equal Weight from Underweight at Morgan Stanley
Morgan Stanley analyst Meta Marshall upgraded Fortinet (FTNT) to Equal Weight from Underweight with a price target of $133, up from $80. The firm says its sell thesis on Fortinet…
Fortinet price target raised to $120 from $70 at Wells Fargo
Wells Fargo raised the firm’s price target on Fortinet (FTNT) to $120 from $70 and keeps an Underweight rating on the shares. Supplementing 14 checks in the past month, the…
Fortinet price target raised to $160 from $107 at RBC Capital
RBC Capital raised the firm’s price target on Fortinet (FTNT) to $160 from $107 and keeps a Sector Perform rating on the shares as part of a broader research note…
TD Synnex selected as Global Distributor for Fortinet
TD Synnex (SNX) has been named one of Fortinet’s (FTNT) approved global distributors, expanding TD SYNNEX’s ability to support a defined group of global systems integrators and large international par...
Fortinet price target raised to $125 from $86 at Mizuho
Mizuho raised the firm’s price target on Fortinet (FTNT) to $125 from $86 and keeps an Underperform rating on the shares. The firm adjusted targets in the large-cap software group…
3 stocks riding the wave from IBM's earnings disaster
IBM stock suffered its worst one-day decline on record after the technology group admitted that customers were moving money away from its products and towards urgently needed data-centre infrastructur...
PANW, FTNT, CHKP: Palo Alto, Fortinet, Check Point Gain as IBM Stock Plunges — Here’s Why
Shares in firewall vendors Palo Alto Networks ($PANW), Fortinet ($FTNT), and Check Point ($CHKP) rose on Tuesday afternoon. This came after Barclays ($BCS) said the shift in capital spending that…
Fortinet Expands FortiEndpoint with New Capabilities for the AI Era
SUNNYVALE, Calif., July 14, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced new capabilities for ...
Fortinet price target raised to $215 from $160 at TD Cowen
TD Cowen analyst Shaul Eyal raised the firm’s price target on Fortinet (FTNT) to $215 from $160 and keeps a Buy rating on the shares. The firm expects the company…
Fortinet price target raised to $170 from $155 at Barclays
Barclays raised the firm’s price target on Fortinet (FTNT) to $170 from $155 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the software group…
Fortinet price target raised to $186 from $150 at BTIG
BTIG analyst Gray Powell raised the firm’s price target on Fortinet (FTNT) to $186 from $150 and keeps a Buy rating on the shares as part of a broader research…
Fortinet Up 100% YTD from AI Demand
Shares of Fortinet, Inc. (FTNT) gain 7,651% since institutions first bought big in 2010.
Fortinet to Announce Second Quarter 2026 Financial Results
SUNNYVALE, Calif., July 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...
Fortinet downgraded to Reduce from Hold at HSBC
HSBC downgraded Fortinet (FTNT) to Reduce from Hold with a $102 price target
Fortinet Appoints Public Sector Leader and Tech Executive Derek Kan to Its Board of Directors
SUNNYVALE, Calif., June 24, 2026 (GLOBE NEWSWIRE) -- Fortinet® (Nasdaq: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the appointment of De...
Fortinet says 'credential-harvesting campaign' is targeting its Firewalls and VPN devices
Cybersecurity company Fortinet said Wednesday that it was aware of a "credential-harvesting campaign" targeting its firewall and VPN devices.
Cybercriminals allegedly hacked tens of thousands of Fortinet firewalls used by major companies all over the world
Cybercriminals have compromised tens of thousands of Fortinet firewalls and VPNs used by major companies all over the world, according to two cybersecurity firms.