Fortinet, Inc. (FTNT)

Market Cap	49.94B
Revenue (ttm)	5.30B
Net Income (ttm)	1.15B
Shares Out	763.03M
EPS (ttm)	1.46
PE Ratio	44.83
Forward PE	38.02
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,782,022
Open	64.89
Previous Close	64.80
Day's Range	64.59 - 65.80
52-Week Range	44.12 - 81.24
Beta	1.07
Analysts	Buy
Price Target	72.03 (+10.05%)
Earnings Date	May 2, 2024

About FTNT

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Nov 18, 2009
• Employees: 13,568
• Stock Exchange: NASDAQ
• Ticker Symbol: FTNT

Financial Performance

In 2023, Fortinet's revenue was $5.30 billion, an increase of 20.09% compared to the previous year's $4.42 billion. Earnings were $1.15 billion, an increase of 33.89%.

Analyst Forecast

According to 34 analysts, the average rating for FTNT stock is "Buy." The 12-month stock price forecast is $72.03, which is an increase of 10.05% from the latest price.

Price Target

$72.03

(10.05% upside)

Analyst Consensus: Buy