Fortinet, Inc. (FTNT)

NASDAQ: FTNT · Real-Time Price · USD
129.46
-0.54 (-0.42%)
At close: May 21, 2026, 4:00 PM EDT
129.74
+0.28 (0.22%)
Pre-market: May 22, 2026, 4:20 AM EDT
Market Cap94.85B +15.6%
Revenue (ttm)7.11B +15.7%
Net Income1.95B +4.0%
EPS2.58 +6.2%
Shares Out 732.65M
PE Ratio50.19
Forward PE41.47
Dividendn/a
Ex-Dividend Daten/a
Volume4,263,938
Open128.91
Previous Close130.00
Day's Range127.40 - 129.71
52-Week Range70.12 - 130.36
Beta0.92
AnalystsHold
Price Target107.17 (-17.22%)
Earnings DateMay 6, 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]

Sector Technology
IPO Date Nov 18, 2009
Employees 15,109
Stock Exchange NASDAQ
Ticker Symbol FTNT
Full Company Profile

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 Statements

Analyst Summary

According to 43 analysts, the average rating for FTNT stock is "Hold." The 12-month stock price target is $107.17, which is a decrease of -17.22% from the latest price.

Price Target
$107.17
(-17.22% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Three cybersecurity names Josh Brown added to his 'best stocks' list

Josh Brown has added three cybersecurity names, Fortinet, Palo Alto Networks, and CrowdStrike, to his closely watched “best stocks in the market” portfolio. Cybersecurity stands as the singular, non-n...

Other symbols: CRWDPANW
12 hours ago - Invezz

Fortinet Transcript: J.P. Morgan 54th Annual Global Technology, Media and Communications Conference

AI data center demand and data sovereignty are driving global deployments, with low power consumption and unified OS as key advantages. Product mix is shifting toward firewalls and OT security, while service bundling and sovereign SASE solutions expand market reach. Inventory and supply chain strategies support strong demand and a positive outlook.

2 days ago - Transcripts

Fortinet downgraded to Hold from Buy at DZ Bank

DZ Bank downgraded Fortinet (FTNT) to Hold from Buy with a $125 price target

2 days ago - TheFly

Fortinet put volume heavy and directionally bearish

Bearish flow noted in Fortinet (FTNT) with 11,320 puts trading, or 1.3x expected. Most active are 5/22 weekly 115 puts and 5/22 weekly 110 puts, with total volume in those…

3 days ago - TheFly

These 10 tech stocks have been models of consistency for a decade — none are chip stocks

Investors caught up in AI euphoria may need to be reminded that some industries go through slow periods.

3 days ago - Market Watch

See How Fortinet Gains on AI Demand, Institutional Inflows

Shares of Fortinet, Inc. (FTNT) gain 5,853% since institutions first bought big in 2010.

6 days ago - FXEmpire

Fortinet accelerates FortiAIGate solution with Nvidia AI platforms

Fortinet (FTNT) announced that it is accelerating the FortiAIGate solution with Nvidia’s (NVDA) AI platforms and software technologies. The joint solution protects AI workloads, data, and autonomous a...

Other symbols: NVDA
9 days ago - TheFly

Fortinet Deepens Integration to Uniquely Secure Enterprise AI at Scale with NVIDIA

SUNNYVALE, Calif., May 12, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that it is acceleratin...

9 days ago - GlobeNewsWire

BTIG Names Fortinet and Cloudflare as Potential Winners from Rising Post-Quantum Spending

Cybersecurity companies Fortinet ($FTNT) and Cloudflare ($NET) could be two winners from rising post-quantum cryptography spending, according to BTIG. The investment firm’s argument starts with “Q-Day...

Other symbols: NET
10 days ago - TipRanks

Fortinet price target raised to $115 from $90 at Susquehanna

Susquehanna analyst Shyam Patil raised the firm’s price target on Fortinet (FTNT) to $115 from $90 and keeps a Neutral rating on the shares. The firm updated its model following…

13 days ago - TheFly

Fortinet price target raised to $115 from $90 at Citi

Citi analyst Fatima Boolani raised the firm’s price target on Fortinet (FTNT) to $115 from $90 and keeps a Neutral rating on the shares.

13 days ago - TheFly

Software Shines With Booming Earnings Season Thundering Along

Strong quarterly reports limit the damage as S&P pulls back from record.

Other symbols: DDOG
14 days ago - WSJ

Fortinet price target raised to $100 from $85 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Fortinet (FTNT) to $100 from $85 and keeps a Hold rating on the shares.

14 days ago - TheFly

Markets Open at Record Highs, Reacting to FTNT, DASH, MCD Earnings

Diane King Hall and Nicole Petallides report live from the NYSE floor as the S&P 500 (SPX) notches new all-time highs. The duo discuss a few early earnings movers including Fortinet (FTNT), DoorDash (...

Other symbols: MCDDASH
14 days ago - Schwab Network

Why Flat VIX Could be Bullish: Stocks Near Highs & Reacting to ARM, FTNT, DDOG Earnings

"Flat line" in volatility is something to watch today, says Kevin Green. With premarket futures little changed ahead of Thursday's open, KG says the upwards momentum expansion could linger for a while...

Other symbols: ARMDDOG
14 days ago - Schwab Network

Why Fortinet Stock Could Jump 39% as Earnings Ease AI Software Fears

AI ransomware and data centers are both driving up demand for Fortinet's products, analyst Gray Powell said.

14 days ago - Barrons

Fortinet's stock rockets as earnings help dispel fears of AI disruption

An “increasingly complex threat environment” is boosting demand for Fortinet's cybersecurity offerings

15 days ago - Market Watch

Fortinet Earnings Call Transcript: Q1 2026

Q1 2026 saw billings up 31% and revenue up 20%, with strong growth in Secure Networking, OT, and SASE segments. Record free cash flow and robust margins led to raised full-year guidance, driven by AI adoption and platform differentiation.

15 days ago - Transcripts

Fortinet Slides: Q1 2026

Fortinet has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.

15 days ago - Filings

Fortinet Earnings release: Q1 2026

Fortinet released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.

15 days ago - Filings

Fortinet Quarterly report: Q1 2026

Fortinet has published its Q1 2026 quarterly earnings report on May 6, 2026.

15 days ago - Filings

Fortinet Reports Strong First Quarter 2026 Financial Results

Exceeds high end of first quarter guidance on revenue and profitability Raises 2026 revenue guidance to 1 5% year over year growth Highlights Revenue grew 20% year over year to $1.85 billion Product r...

15 days ago - GlobeNewsWire

Fortinet Expands FortiGate G Series to Secure AI from the Data Center to Modern Enterprise Edges

SUNNYVALE, Calif., May 06, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced new additions to its F...

15 days ago - GlobeNewsWire

The Fortinet 2026 Global Threat Landscape Report Reveals a Surge in AI-Enabled Cybercrime, Contributing to a 389% Increase in Ransomware Victims Year-over-Year

Fortinet leverages threat intelligence to disrupt global cybercrime, transforming awareness into actionable insights Fortinet leverages threat intelligence to disrupt global cybercrime, transforming a...

21 days ago - GlobeNewsWire

Fortinet Returns to Join Global Leaders at the World Economic Forum Annual Meeting on Cybersecurity 2026

SUNNYVALE, Calif., April 29, 2026 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it will...

22 days ago - GlobeNewsWire