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FTNT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
114.660
Open
107.300
VWAP
111.80
Vol
9.90M
Mkt Cap
83.51B
Low
106.670
Amount
1.11B
EV/EBITDA(TTM)
29.76
Total Shares
732.10M
EV
80.78B
EV/OCF(TTM)
28.80
P/S(TTM)
12.13
Fortinet, Inc. is engaged in cybersecurity, driving the convergence of networking and security. The Company’s integrated platform, Fortinet Security Fabric, spans secure networking, unified Secure Access Service Edge (SASE) and artificial intelligence (AI)-driven security operations (SecOps). Its products and services include FortiOS, FortiASIC, FortiCloud, FortiAI, FortiEndpoint, and OT Security. The FortiGuard Labs is a cybersecurity threat intelligence and research organization comprised of experienced threat hunters, researchers, analysts, engineers and data scientists who develop and utilize machine learning and AI technologies. FortiGuard and Other Security Services are a suite of AI-powered security capabilities that are integrated as part of the Fortinet Security Fabric to deliver coordinated detection and enforcement across the entire attack surface. FortiCare Technical Support Service is a per-device technical support service. It also operates Fortinet Training Institute.
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Events Timeline

(ET)
2026-05-07
16:30:00
Major Averages Close Lower, McDonald's Reports Growth
select
2026-05-07
12:00:00
Major Averages Little Changed as Oil Prices Decline Reflect Optimism
select
2026-05-07
10:00:00
Datadog and Others Notable Gainers This Morning
select

News

CNBC
4.5
05-09CNBC
Stocks Hit Record Highs Amid Mixed Economic Data
  • Strong Market Performance: The S&P 500 rose 2.3% and the Nasdaq gained 4.5%, marking their longest winning streak since 2024 with six consecutive weeks of gains, reflecting investor confidence in economic recovery.
  • Employment Data Impact: April's nonfarm payrolls increased by 115,000, significantly exceeding economists' expectations of 55,000, while the unemployment rate held steady at 4.3%, complicating the Federal Reserve's interest rate decisions amid resilient labor market conditions.
  • Cybersecurity Stocks Rebound: Shares of CrowdStrike and Palo Alto Networks surged 16% and 15%, respectively, driven by Fortinet's strong earnings report and raised full-year billings guidance, indicating a renewed confidence in the cybersecurity sector.
  • Optical Technology Partnership: Corning's stock jumped 18% following a major supply agreement with Nvidia, projecting a $20 billion annualized sales run rate by 2026 and a 50% increase in fiber production capacity to meet soaring AI infrastructure demands.
NASDAQ.COM
4.5
05-08NASDAQ.COM
U.S. Stocks Rise, Nasdaq Hits Record High
  • Nasdaq Hits Record High: The Nasdaq 100 index surged 1.32% to reach a new record high, primarily driven by chipmakers and AI infrastructure stocks, indicating strong market confidence in technology stocks that may attract further investor interest in the tech sector.
  • Strong Employment Data: U.S. nonfarm payrolls rose by 115,000 in April, exceeding expectations of 65,000, while March figures were revised up to 185,000, demonstrating resilience in the labor market that could lead the Fed to maintain interest rates in upcoming policy meetings.
  • Corporate Earnings Support Market: So far, 84% of the 425 S&P 500 companies have beaten earnings estimates, with Q1 earnings projected to climb 12% year-over-year, providing robust support for the stock market and reflecting the potential for economic recovery.
  • Geopolitical Impact on Oil Prices: Iran's seizure of an oil tanker in the Strait of Hormuz has led to a slight increase in WTI crude oil prices, heightening concerns over future oil price volatility and potentially affecting the stability of global energy supply chains.
seekingalpha
9.5
05-08seekingalpha
Susquehanna Raises Fortinet Price Target to $115 Following Strong Q1 Results
  • Strong Performance: Fortinet's first-quarter billings increased by 31% year-over-year, exceeding Susquehanna's estimate by 15%, indicating robust demand in the cybersecurity sector that is expected to drive future revenue growth.
  • Revenue Growth: The company reported a 20% year-over-year revenue increase in Q1, surpassing market expectations by 7%, demonstrating the ongoing competitiveness of its products and services, particularly driven by demand in AI data centers.
  • Robust Product Sales: Product revenue surged 41% year-over-year, significantly exceeding Susquehanna's estimate by 21%, reflecting the positive impact of technology upgrades and customers expanding into new use cases, further solidifying Fortinet's market position.
  • Strategic Outlook: While analysts maintain a Neutral rating, they highlight that the growth of AI data centers and the convergence of networking and security needs present new market opportunities for the company, suggesting a balanced risk-reward profile moving forward.
Yahoo Finance
9.5
05-08Yahoo Finance
Fortinet Stock Hits New 52-Week High Following Strong Earnings
  • Significant Earnings Growth: Fortinet reported a 23% year-over-year increase in net income to $534.5 million in Q1, exceeding market expectations and reinforcing its leadership position in the cybersecurity sector.
  • Revenue Exceeds Expectations: The company's total revenue reached $1.85 billion, a 20% increase from the previous year, surpassing earlier guidance of $1.7 billion to $1.76 billion, indicating strong growth in customer demand and market share.
  • Optimistic Full-Year Outlook: Fortinet raised its full-year revenue growth forecast to a range of $7.71 billion to $7.87 billion, up from the previous estimate of $7.5 billion to $7.7 billion, reflecting management's confidence in future performance.
  • Strong Q2 Targets: The company anticipates Q2 revenues between $1.83 billion and $1.93 billion, representing a 12% to 18.4% growth compared to last year's $1.63 billion, demonstrating ongoing market demand and growth potential.
Yahoo Finance
4.5
05-08Yahoo Finance
Iran Deal Doubts Hit Stocks, Nvidia and Tesla Show Strength
  • Market Volatility: Doubts surrounding the Iran deal led to volatility in the stock market on Thursday, with major indices experiencing declines, reflecting investor sensitivity to geopolitical risks and uncertainty.
  • Tech Stocks Resilience: Despite the overall market pressure, Nvidia and Tesla showed strong performance, indicating investor confidence in the long-term growth potential of these companies, which may attract more capital into the tech sector.
  • Earnings Movers: CoreWeave, Rocket Lab, Cloudflare, and IREN's earnings reports became focal points for the market, with investors closely monitoring their performance to assess future growth prospects and competitive positioning.
  • Jobs Report Anticipation: The market is set to receive a new jobs report, with analysts expecting it to provide crucial signals regarding economic recovery, which could further influence investor decisions and market trends.
NASDAQ.COM
4.5
05-07NASDAQ.COM
US Stocks Close Lower Amid Cautious Market Sentiment
  • Market Weakness: On Thursday, the S&P 500 Index fell by 0.38%, the Dow Jones Industrial Average dropped by 0.63%, and the Nasdaq 100 Index decreased by 0.12%, reflecting investor skepticism regarding a potential US-Iran peace deal, which led to a reversal of early gains and impacted market confidence.
  • Economic Data Support: Despite the market decline, initial jobless claims rose by 10,000 to 200,000, below the expected 205,000, indicating resilience in the labor market, while Q1 nonfarm productivity increased by 0.8%, surpassing the 0.6% forecast, providing some support to the market.
  • Earnings Report Impact: As of Thursday, 84% of the 425 S&P 500 companies that reported earnings exceeded expectations, with Q1 earnings projected to rise by 12% year-over-year, although growth outside the tech sector is only expected to be around 3%, indicating a divergence that may influence investor allocation strategies.
  • Oil Price Recovery: WTI crude oil prices rebounded after a 4% decline on Thursday, as the market focused on the potential resumption of US military operations to ensure safe passage through the Strait of Hormuz, which is expected to have ongoing implications for global oil prices and related stocks.
Wall Street analysts forecast FTNT stock price to rise
24 Analyst Rating
Wall Street analysts forecast FTNT stock price to rise
3 Buy
18 Hold
3 Sell
Hold
Current: 0.000
sliders
Low
70.00
Averages
84.18
High
100.00
Current: 0.000
sliders
Low
70.00
Averages
84.18
High
100.00
Susquehanna
Shyam Patil
Neutral
maintain
$90 -> $115
AI Analysis
2026-05-08
New
Reason
Susquehanna
Shyam Patil
Price Target
$90 -> $115
AI Analysis
2026-05-08
New
maintain
Neutral
Reason
Susquehanna analyst Shyam Patil raised the firm's price target on Fortinet to $115 from $90 and keeps a Neutral rating on the shares. The firm updated its model following solid Q1 results and raised full year outlook.
Citi
Fatima Boolani
Neutral
maintain
$90 -> $115
2026-05-08
New
Reason
Citi
Fatima Boolani
Price Target
$90 -> $115
2026-05-08
New
maintain
Neutral
Reason
Citi analyst Fatima Boolani raised the firm's price target on Fortinet to $115 from $90 and keeps a Neutral rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for FTNT
Unlock Now

Valuation Metrics

The current forward P/E ratio for Fortinet Inc (FTNT.O) is 29.94, compared to its 5-year average forward P/E of 42.78. For a more detailed relative valuation and DCF analysis to assess Fortinet Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
42.78
Current PE
29.94
Overvalued PE
55.67
Undervalued PE
29.90

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
30.70
Current EV/EBITDA
25.06
Overvalued EV/EBITDA
38.53
Undervalued EV/EBITDA
22.87

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
9.70
Current PS
9.30
Overvalued PS
11.75
Undervalued PS
7.65

Financials

AI Analysis
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Whales Holding FTNT

V
Van Eck Associates Corporation
Holding
FTNT
+27.45%
3M Return
O
Ossiam
Holding
FTNT
+25.27%
3M Return
M
More Investment House Ltd.
Holding
FTNT
+24.34%
3M Return
A
Ak Portföy Yönetimi AS
Holding
FTNT
+24.02%
3M Return
L
Leonteq AG
Holding
FTNT
+23.46%
3M Return
H
Hudson River Trading LLC
Holding
FTNT
+13.73%
3M Return

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Frequently Asked Questions

What is Fortinet Inc (FTNT) stock price today?

The current price of FTNT is 114.07 USD — it has increased 5.65

What is Fortinet Inc (FTNT)'s business?

Fortinet, Inc. is engaged in cybersecurity, driving the convergence of networking and security. The Company’s integrated platform, Fortinet Security Fabric, spans secure networking, unified Secure Access Service Edge (SASE) and artificial intelligence (AI)-driven security operations (SecOps). Its products and services include FortiOS, FortiASIC, FortiCloud, FortiAI, FortiEndpoint, and OT Security. The FortiGuard Labs is a cybersecurity threat intelligence and research organization comprised of experienced threat hunters, researchers, analysts, engineers and data scientists who develop and utilize machine learning and AI technologies. FortiGuard and Other Security Services are a suite of AI-powered security capabilities that are integrated as part of the Fortinet Security Fabric to deliver coordinated detection and enforcement across the entire attack surface. FortiCare Technical Support Service is a per-device technical support service. It also operates Fortinet Training Institute.

What is the price predicton of FTNT Stock?

Wall Street analysts forecast FTNT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTNT is84.18 USD with a low forecast of 70.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Fortinet Inc (FTNT)'s revenue for the last quarter?

Fortinet Inc revenue for the last quarter amounts to 1.85B USD, increased 20.13

What is Fortinet Inc (FTNT)'s earnings per share (EPS) for the last quarter?

Fortinet Inc. EPS for the last quarter amounts to 0.72 USD, increased 28.57

How many employees does Fortinet Inc (FTNT). have?

Fortinet Inc (FTNT) has 15109 emplpoyees as of May 11 2026.

What is Fortinet Inc (FTNT) market cap?

Today FTNT has the market capitalization of 83.51B USD.