Fortinet, Inc. (FTNT)
Market Cap | 63.63B |
Revenue (ttm) | 6.34B |
Net Income (ttm) | 1.94B |
Shares Out | 766.27M |
EPS (ttm) | 2.51 |
PE Ratio | 33.10 |
Forward PE | 32.05 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 4,591,806 |
Open | 86.50 |
Previous Close | 86.19 |
Day's Range | 82.98 - 87.10 |
52-Week Range | 70.12 - 114.82 |
Beta | 1.10 |
Analysts | Hold |
Price Target | 94.57 (+13.89%) |
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 34 analysts, the average rating for FTNT stock is "Hold." The 12-month stock price target is $94.57, which is an increase of 13.89% from the latest price.
News

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...

Fortinet Named Title Partner of the Founders Cup
2026 Fortinet Founders Cup will be played at Sharon Heights Golf & Country Club in Menlo Park, California 2026 Fortinet Founders Cup will be played at Sharon Heights Golf & Country Club in Menlo Park,...

Fortinet, Inc. (FTNT) Goldman Sachs Fireside Chat Conference Call (Transcript)
Fortinet, Inc. (NASDAQ:FTNT) Goldman Sachs Fireside Chat Conference Call August 25, 2025 10:30 AM ET Company Participants Christiane Ohlgart - Chief Accounting Officer, CFO and Principal Financial & ...

Fortinet, Inc. Investors: Company Investigated by the Portnoy Law Firm
LOS ANGELES, Aug. 21, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Fortinet, Inc. (“Fortinet” or “the Company”) (NASDAQ: FTNT C) investors that the firm has initiated an investigation into po...

Fortinet Connects Tepper Sports & Entertainment Teams with Unified SASE Solution
SUNNYVALE, Calif., Aug. 20, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet ® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Te...

Fortinet: Thesis Breakage Or Market Exaggeration?
Fortinet's stock drop is excessive; strong management, scalable products, and SASE growth support my long-term bullish thesis. Q2 results were solid: EPS beat, billings guidance raised, and firewall r...

Fortinet to Participate in Fireside Chat Hosted by Goldman Sachs
SUNNYVALE, Calif., Aug. 15, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Ken...

Fortinet Enhances FortiRecon to Align with Continuous Threat Exposure Management (CTEM) Framework to Help Organizations Stay Ahead of Threats
New features integrate attack surface management, threat intelligence, and security orchestration to help security teams reduce risk faster and more proactively New features integrate attack surface m...

Fortinet: -24% After Earnings Makes This A Great Long-Term Opportunity
FTNT's post-earnings selloff is an overreaction; strong Q2 results and robust billings growth highlight ongoing business strength. The unified platform strategy and AI investments position FTNT for lo...

FTNT Investors Have Opportunity to Join Fortinet, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES , Aug. 12, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fortinet, Inc. ("For...

Fortinet: Strong ARR And Billings Acceleration Support FY25 Growth Story
Fortinet is a Buy for long-term investors, combining sustainable growth, high profitability, and a strong strategic position in cybersecurity. Subscription revenue growth, margin stability, and leader...

Fortinet Shot Its Cyber Growth Story In The Foot
Fortinet raised billings growth guidance to +12% growth in CY25 but kept margins and revenue guidance the same, leading to some questions about growth. Markets were shocked to learn that the company w...