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Fortinet (FTNT)
NASDAQ:FTNT

Fortinet (FTNT) Price & Analysis

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FTNT Stock Chart & Stats


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Bulls Say, Bears Say

Bulls Say
Financial PerformanceFTNT reported impressive margin outperformance, with high non-GAAP gross and operating margins driven by increased hardware demand and cost efficiencies.
Market PresenceFTNT's customer base includes approximately 80% of the Fortune 100 and 72% of the G2000, showing a strong market presence among top companies.
Revenue GrowthFTNT's total service revenue grew by 19.8%, indicating strong demand and growth in their services sector.
Bears Say
Competitive ChallengesFTNT is seen as less well-positioned to benefit from vendor consolidation compared to some competitors.
Growth ChallengesAnalyst downgrades the rating to Underperform due to challenges in growth rates and concerns about meeting future billings expectations.
SASE Market PositionLimited adoption of FTNT's SASE solutions is noted, which contributes to concerns about the company's growth prospects.
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Financials

Quarterly

Ownership Overview

19.58%14.90%12.28%27.34%
19.58% Insiders
12.28% Other Institutional Investors
27.34% Public Companies and
Individual Investors

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Website Traffic

Sorry, No Data Available
There is no website visitor data available for this stock.
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FTNT FAQ

What was Fortinet’s price range in the past 12 months?
Fortinet lowest stock price was $54.57 and its highest was $114.82 in the past 12 months.
    What is Fortinet’s market cap?
    Fortinet’s market cap is $74.28B.
      When is Fortinet’s upcoming earnings report date?
      Fortinet’s upcoming earnings report date is May 01, 2025 which is in 29 days.
        How were Fortinet’s earnings last quarter?
        Fortinet released its earnings results on Feb 06, 2025. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.606 by $0.134.
          Is Fortinet overvalued?
          According to Wall Street analysts Fortinet’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Fortinet pay dividends?
            Fortinet does not currently pay dividends.
            What is Fortinet’s EPS estimate?
            Fortinet’s EPS estimate is 0.53.
              How many shares outstanding does Fortinet have?
              Fortinet has 768,974,060 shares outstanding.
                What happened to Fortinet’s price movement after its last earnings report?
                Fortinet reported an EPS of $0.74 in its last earnings report, beating expectations of $0.606. Following the earnings report the stock price went up 2.807%.
                  Which hedge fund is a major shareholder of Fortinet?
                  Currently, no hedge funds are holding shares in FTNT
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                  Company Description

                  Fortinet

                  Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
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                  FTNT Company Deck

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                  FTNT Earnings Call

                  Q4 2025
                  0:00 / 0:00
                  Earnings Call Sentiment|Positive
                  The earnings call highlighted strong financial performance and growth in key areas such as unified SaaS and secure operations, alongside record operating margins. However, concerns about weaker billings guidance and geopolitical uncertainties, including potential tariff impacts, added caution to the outlook.Read More>
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                  FTNT Revenue Breakdown

                  41.01%41.01%40.23%18.76%
                  41.01% Americas
                  40.23% EMEA
                  18.76% APAC
                  tipranks
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                  FTNT Stock 12 Month Forecast

                  Average Price Target

                  $112.32
                  ▲(16.19% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 23,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 36, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":67.82,"date":1711929600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 26,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 44, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":63.53,"date":1714521600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n         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16,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 29, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":57.2,"date":1722470400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 17,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 29, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":76.71,"date":1725148800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 15,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 22, \t&nbsp;</span>\n  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                  Best Analysts Covering FTNT

                  1 Year
                  Rob OwensPiper Sandler
                  1 Year Success Rate
                  12/15 ratings generated profit
                  80%
                  1 Year Average Return
                  +18.48%
                  reiterated a buy rating 2 months ago
                  Copying Rob Owens's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +18.48% per trade.
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