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Fortinet (FTNT)
NASDAQ:FTNT
FTNT Stock Chart & Stats
$83.08
-$1.40(-1.46%)
At close: 4:00 PM EST
$83.08
-$1.40(-1.46%)
Day’s Range― - ―
52-Week Range$70.12 - $114.82
Previous CloseN/A
Volume1.49M
Average Volume (3M)5.89M
Market Cap
$63.63B
Enterprise Value$78.12B
Total Cash (Recent Filing)$4.56B
Total Debt (Recent Filing)$995.30M
Price to Earnings (P/E)33.6
Beta1.07
Next Earnings
Nov 05, 2025EPS Estimate
0.63Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.64
Shares Outstanding766,266,050
10 Day Avg. Volume4,414,113
30 Day Avg. Volume5,893,603
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap1.23
Enterprise Value/Revenue12.33
Enterprise Value/Gross Profit15.12
Enterprise Value/Ebitda32.53
Forecast
1Y Price Target
$86.96Price Target Upside4.67% Upside
Rating ConsensusHold
Number of Analyst Covering34
Bulls Say, Bears Say
Bulls Say
Market PositionFortinet is well positioned to consolidate wallet share in the convergence of security and networking, evidenced by its new position in the Gartner MQ for SASE.
Product ExpansionFTNT is continuing to see success in attaching additional products into their installed base and has shown traction with US sales expansion and upsell of SASE/SecOps products.
Revenue GrowthFortinet is increasingly emphasizing technology-driven upgrades and cross-sell as drivers of company revenue growth.
Bears Say
Firewall RefreshThe firewall refresh is turning out to be smaller than expected, which may cause future estimates to come down and create a headwind for the stock.
Growth EstimatesStreet estimates for future growth are expected to come down further, likely putting pressure on the stock on a relative basis.
Valuation ConcernsDespite a 17% decline in FTNT's stock year-to-date, there is a concern that the risk has not been fully priced in due to a still relatively high FCF multiple.
Fortinet News
FTNT FAQ
What was Fortinet’s price range in the past 12 months?
Fortinet lowest stock price was $70.12 and its highest was $114.82 in the past 12 months.
What is Fortinet’s market cap?
Fortinet’s market cap is $63.63B.
When is Fortinet’s upcoming earnings report date?
Fortinet’s upcoming earnings report date is Nov 05, 2025 which is in 21 days.
How were Fortinet’s earnings last quarter?
Fortinet released its earnings results on Aug 06, 2025. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.05.
Is Fortinet overvalued?
According to Wall Street analysts Fortinet’s price is currently Undervalued.
Does Fortinet pay dividends?
Fortinet does not currently pay dividends.
What is Fortinet’s EPS estimate?
Fortinet’s EPS estimate is 0.63.
How many shares outstanding does Fortinet have?
Fortinet has 766,266,050 shares outstanding.
What happened to Fortinet’s price movement after its last earnings report?
Fortinet reported an EPS of $0.64 in its last earnings report, beating expectations of $0.59. Following the earnings report the stock price went down -22.034%.
Which hedge fund is a major shareholder of Fortinet?
Currently, no hedge funds are holding shares in FTNT
Fortinet Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$86.96 (4.67% Upside)
$86.96 (4.67% Upside)
Blogger Sentiment
Bullish
FTNT Sentiment 89%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 1.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.30%
12-Months-Change
Fundamentals
Return on Equity
165.17%
Trailing 12-Months
Asset Growth
32.14%
Trailing 12-Months
Company Description
Fortinet
Fortinet (FTNT) is a global cybersecurity company that provides broad, integrated, and high-performance security solutions across the IT infrastructure. Founded in 2000, Fortinet offers a range of products and services, including firewalls, intrusion prevention systems, antivirus software, and secure access solutions. The company serves various sectors, including enterprises, service providers, and government organizations, helping them protect their networks, data, and applications from cyber threats.
FTNT Company Deck
FTNT Earnings Call
Q2 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with strong growth in key areas such as Unified SASE, SecOps, and large enterprise deals, alongside recognition in industry rankings. However, there are challenges with decelerating service revenue growth and a decline in operating margin.View all FTNT earnings summariesFTNT Revenue Breakdown
67.95% Services
32.05% Product
FTNT Stock 12 Month Forecast
Average Price Target
$86.96
▲(4.67% Upside)
Technical Analysis
Ownership Overview
15.21% Insiders
15.02% Mutual Funds
0.57% Other Institutional Investors
40.85% Public Companies and Individual Investors