Fortinet, Inc. (FTNT)
| Market Cap | 115.54B +96.9% |
| Revenue (ttm) | 7.53B +18.8% |
| Net Income | 2.12B +9.3% |
| EPS | 2.83 +12.8% |
| Shares Out | 733.71M |
| PE Ratio | 55.23 |
| Forward PE | 44.60 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,506,916 |
| Open | 153.44 |
| Previous Close | 156.29 |
| Day's Range | 152.00 - 157.75 |
| 52-Week Range | 73.55 - 173.89 |
| Beta | 1.06 |
| Analysts | Hold |
| Price Target | 162.29 (+3.06%) |
| 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 $162.29, which is an increase of 3.06% from the latest price.
News
Fortinet Transcript: Goldman Sachs Communacopia + Technology Conference 2026
AI adoption and regulatory trends are driving rapid growth in security needs, especially for neocloud and sovereign deployments. New service bundles and enhanced OS features are boosting upsell opportunities, while disciplined inventory and pricing strategies support stable margins. Product growth is normalizing, but service revenue is set to accelerate.
Fortinet Launches Free High School Cybersecurity Curriculum to Build the Next Generation of Cyber Defenders
Fortinet Training Institute's New Technical High School Cybersecurity Curriculum gives U.S. secondary schools a no-cost, standards-aligned entry point into a two-year cybersecurity pathway Fortinet Tr...
Stanford Athletics and Cybersecurity Leader Fortinet Team Up for Multi-Year Sponsorship
STANFORD, Calif., Aug. 28, 2026 (GLOBE NEWSWIRE) -- Stanford Athletics has announced a new multi-year sponsorship agreement with Fortinet, the global cybersecurity leader driving the convergence of ne...
Fortinet Transcript: Rosenblatt's 6th Annual Technology Summit: The Age of AI (Part II)
Strong global demand drove hardware and SASE growth, with product revenue up 52% and OT billings up 55%. Innovation in AI, secure networking, and integrated solutions is fueling expansion, while new markets and upsell opportunities are expected to drive future growth.
Fortinet acquires Virtue AI, terms undisclosed
Fortinet (FTNT) announced it has acquired Virtue AI. Financial terms of the transaction are not disclosed, and the amount paid by Fortinet as consideration is immaterial to Fortinet’s business. Publis...
Fortinet Advances Continuous AI Protection with the Acquisition of Virtue AI
Virtue AI will enhance the Fortinet AI-Native Security Fabric with continuous agentic AI validation and runtime protection across the AI lifecycle Virtue AI will enhance the Fortinet AI-Native Securit...
AI Sales Push Fortinet Shares to New Heights
Shares of Fortinet, Inc. (FTNT) gain 7,982% since institutions first bought big in 2010.
Two AI Security Winners to Own Now
The AI boom often centers on productivity – doing more and doing it faster. But AI also allows for automated attacks at record speeds.
Hackers Target Wall Street in New Set of Attacks
Hackers launched a wave of sophisticated attacks on Wall Street firms in recent days, according to people familiar. Hedge funds have been the main target.
Fortinet price target raised to $160 from $115 at Susquehanna
Susquehanna raised the firm’s price target on Fortinet (FTNT) to $160 from $115 and keeps a Neutral rating on the shares. The firm said the company is seeing a notable…
Thursday Morning's Movers: MA, FTNT, LRCX Rally
Diane King Hall reports from a risk-on open at the New York Stock Exchange. Shares of Mastercard (MA) is higher after posting beats on earnings and revenue while boosting its full-year outlook as core...
Fortinet price target raised to $163 from $110 at Scotiabank
Scotiabank raised the firm’s price target on Fortinet (FTNT) to $163 from $110 and keeps a Sector Perform rating on the shares. The company delivered a “strong” print, with fast…
Fortinet price target raised to $185 from $160 at RBC Capital
RBC Capital raised the firm’s price target on Fortinet (FTNT) to $185 from $160 and keeps a Sector Perform rating on the shares. The quarter was again highlighted by impressive…
Fortinet price target raised to $118 from $100 at JPMorgan
JPMorgan raised the firm’s price target on Fortinet (FTNT) to $118 from $100 and keeps an Underweight rating on the shares.
Fortinet price target raised to $165 from $140 at Baird
Baird raised the firm’s price target on Fortinet (FTNT) to $165 from $140 and keeps a Neutral rating on the shares. The firm updated its model following Q2 results and…
Fortinet price target raised to $165 from $150 at Evercore ISI
Evercore ISI raised the firm’s price target on Fortinet (FTNT) to $165 from $150 and keeps an In Line rating on the shares.
Fortinet price target raised to $160 from $100 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Fortinet (FTNT) to $160 from $100 and keeps a Hold rating on the shares.
Fortinet price target raised to $136 from $133 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Fortinet (FTNT) to $136 from $133 and keeps an Equal Weight rating on the shares. Q2 results beat expectations and strengthened from…
Move Over Memory, Fortinet Earnings Show Cybersecurity Stocks Are Red-Hot AI Plays
The cybersecurity company's earnings were so good the stock is set to join the exclusive club of S&P 500 names to double in 2026.
Fortinet price target raised to $185 from $165 at Cantor Fitzgerald
Cantor Fitzgerald analyst Jonathan Ruykhaver raised the firm’s price target on Fortinet (FTNT) to $185 from $165 and keeps a Neutral rating on the shares. Fortinet delivered “impressive” Q2 results,…
Fortinet price target raised to $180 from $115 at UBS
UBS analyst Roger Boyd raised the firm’s price target on Fortinet (FTNT) to $180 from $115 and keeps a Neutral rating on the shares. Fortinet delivered another strong Q2 beat…
Fortinet price target raised to $203 from $186 at BTIG
BTIG analyst Gray Powell raised the firm’s price target on Fortinet (FTNT) to $203 from $186 and keeps a Buy rating on the shares. The company delivered a great print…
Fortinet price target raised to $175 from $102 at Stifel
Stifel raised the firm’s price target on Fortinet (FTNT) to $175 from $102 and keeps a Hold rating on the shares.
Fortinet lifts annual revenue forecast on strong cybersecurity demand
Cybersecurity firm Fortinet on Wednesday lifted its annual revenue forecast after reporting strong second-quarter results, signaling strong enterprise spending on its services amid rising data secur...