Fortinet, Inc. (FTNT)
Market Cap | 62.07B |
Revenue (ttm) | 6.34B |
Net Income (ttm) | 1.94B |
Shares Out | 766.27M |
EPS (ttm) | 2.51 |
PE Ratio | 32.29 |
Forward PE | 31.29 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 6,219,229 |
Open | 80.25 |
Previous Close | 79.68 |
Day's Range | 79.61 - 81.06 |
52-Week Range | 70.12 - 114.82 |
Beta | 1.13 |
Analysts | Hold |
Price Target | 94.57 (+16.75%) |
Earnings Date | Nov 6, 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 16.75% from the latest price.
News

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...

Fortinet Is Not Dead Yet: Add On Q2 2025 Earnings Pullback
I'm doubling down on my buy call on Fortinet after the post-earnings sell-off, citing long-term growth potential and attractive valuation versus peers.

Fortinet: FTNT Stock To $150?
Fortinet (NASDAQ:FTNT), a cybersecurity firm with a market capitalization of $58 billion, presents a compelling investment opportunity with the potential to double its stock price within the next four...

Stocks Swing Lower as Eli Lilly, Fortinet Spiral: Stock Market Today
The main indexes finished well off their session highs after a disappointing batch of corporate earnings reports.

How options trading in Palantir, Uber and Fortinet offers clues to the stocks' postearnings moves
Key market indicators currently point to more upside for the S&P 500.

Why Fortinet's stock could see its worst drop on record
The cybersecurity company just shared that it's 40% to 50% done with an upgrade cycle for firewalls — but some analysts think that limits future opportunities.

Fortinet stock plunges 25% despite strong Q2 earnings: analysts point to this red flag
Fortinet stock (NASDAQ: FTNT) took a beating in the markets, as it tanked 25%, a steep drop that came as a surprise to many, especially considering the company's numbers weren't bad. It brought in $1....

Top Stock Movers Now: DoorDash, Fortinet, Eli Lilly, and More
U.S. equities were mixed at midday as the market continued to focus on earnings, and new U.S. tariffs kicked in. The Nasdaq was up, while the Dow Jones Industrial Average and S&P 500 fell.
FTNT Sells 25%, CELH Soars & ELF Shows Tariff Weakness After Earnings
e.l.f. Beauty (ELF) gave back all the gains it made since its previous earnings report after exhibiting weakness around tariff uncertainty. Fortinet (FTNT) sold off a staggering 25% after the opening ...

Redwire Posts Downbeat Q2 Results, Joins Tandem Diabetes Care, Fortinet, Symbotic And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Thursday.