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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
80.940
Open
78.110
VWAP
79.36
Vol
7.02M
Mkt Cap
58.49B
Low
78.080
Amount
556.75M
EV/EBITDA(TTM)
21.57
Total Shares
739.92M
EV
55.28B
EV/OCF(TTM)
21.34
P/S(TTM)
8.79
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)
2026-03-19
13:20:00
Kraken Pauses IPO Plans, Quince Raises $500M
select
2026-03-10 (ET)
2026-03-10
09:20:00
Fortinet Launches FortiOS 8.0 to Enhance Security Architecture
select
2026-03-10
09:10:00
Fortinet Unveils Major Innovations in Security Operations Platform at Accelerate 2026
select
2026-03-06 (ET)
2026-03-06
14:00:00
Trump Signs Executive Order to Combat Cybercrime
select
link

News

NASDAQ.COM
4.5
03-30NASDAQ.COM
Mixed Close for US Stocks as Nasdaq Hits 7.75-Month Low Amid Middle East Tensions
  • Divergent Market Performance: On Monday, the S&P 500 index fell by 0.39%, while the Nasdaq 100 hit a 7.75-month low, indicating market concerns over the Middle East situation, particularly exacerbated by a sell-off in chip stocks, which negatively impacted investor confidence.
  • Declining Bond Yields: The 10-year T-note yield dropped by 8 basis points to 4.34%, reflecting market fears that the ongoing war in the Middle East could lead to fuel shortages, potentially suppressing expectations for Fed rate hikes and highlighting economic growth uncertainties.
  • Rising Crude Oil Prices: Crude oil prices surged over 3% to a three-week high due to Iranian attacks on the Strait of Hormuz, indicating severe threats to global energy supply chains, which could lead to soaring prices in the future and impact the global economy.
  • Weak Manufacturing Activity: The Dallas Fed manufacturing activity survey fell to -0.2, below the expected 2.0, reflecting signs of economic slowdown that could influence corporate investment decisions and future economic growth.
NASDAQ.COM
4.5
03-30NASDAQ.COM
US Stock Market Declines Amid Rising Oil Prices
  • Oil Price Surge Impacts Markets: The S&P 500 Index fell by 0.75%, the Dow Jones Industrial Average by 0.21%, and the Nasdaq 100 by 1.18% as the market reacts to the first oil settlement exceeding $100 since 2022, highlighting concerns over rising energy costs amid ongoing supply chain risks.
  • Uncertain Fed Policy Outlook: Federal Reserve Chair Jerome Powell noted that while the central bank is monitoring the surge in energy prices, its tools to address supply-side shocks are limited, with markets pricing in only a 3% chance of a 25 bp rate hike at the April meeting, indicating investor uncertainty about future monetary policy.
  • Escalating Middle East Tensions: US and Israeli forces continue military operations in Iran, with the Pentagon preparing for weeks of ground operations as approximately 3,500 sailors and Marines arrive in the region, potentially exacerbating global energy supply issues.
  • Positive Bond Market Reaction: The 10-year Treasury yield fell to 4.330% as speculation grows that the ongoing conflict in the Middle East may lead to fuel shortages, offsetting inflation fears and supporting Treasury prices amid declining inflation expectations.
NASDAQ.COM
4.5
03-30NASDAQ.COM
Mixed U.S. Stock Indices Amid Rising Oil Prices
  • Mixed Stock Performance: The S&P 500 Index fell by 0.29%, while the Dow Jones Industrial Average rose by 0.26%, and the Nasdaq 100 Index decreased by 0.67%, indicating a complex market reaction to Federal Reserve policies and international tensions.
  • Rising Oil Prices: Crude oil prices surged over 2% to a three-week high due to disruptions in oil and gas flows through the Strait of Hormuz caused by the Iran conflict, which could negatively impact global economic growth.
  • Weak Manufacturing Activity: The Dallas Fed manufacturing activity index dropped from -0.4 to -0.2, falling short of the expected increase to 2.0, suggesting challenges in economic recovery that may influence future policy decisions.
  • Escalating International Tensions: U.S. and Israeli military actions against Iran have intensified, with 3,500 sailors and Marines deployed to the Middle East, potentially leading to further volatility in energy markets and impacting global supply chains.
NASDAQ.COM
4.5
03-30NASDAQ.COM
US Stocks Rise as Oil Prices Hit Three-Week High
  • Market Gains: The S&P 500 Index rose by 0.58%, the Dow Jones Industrial Average increased by 0.91%, and the Nasdaq 100 Index climbed by 0.30%, reflecting a positive market sentiment amid expectations that the Fed may keep interest rates unchanged.
  • Declining Bond Yields: The 10-year Treasury note yield fell by 10 basis points to 4.33%, driven by concerns that the ongoing war in the Middle East could lead to a fuel shortage, potentially hindering global economic growth and influencing the Fed's future rate decisions.
  • Rising Oil Prices: Crude oil prices surged over 2% to a three-week high due to Iranian attacks on shipping, raising fears that the closure of the Strait of Hormuz could disrupt global oil and gas supplies, which may lead to significant price increases.
  • Manufacturing Activity Decline: The Dallas Fed's manufacturing activity survey dropped by 0.4 to -0.2, falling short of the expected increase to 2.0, indicating signs of economic slowdown that could impact future investment decisions.
NASDAQ.COM
4.5
03-30NASDAQ.COM
Middle East Tensions Impact Global Markets
  • Market Recovery: The S&P 500 Index rose by 0.42%, the Dow Jones Industrial Average increased by 0.64%, and the Nasdaq 100 Index gained 0.32%, indicating a short-term market rebound amid escalating tensions in the Middle East, as investor confidence in future economic growth shows signs of recovery.
  • Declining Bond Yields: The 10-year T-note yield fell by 8 basis points to 4.35%, reflecting market concerns that the ongoing war in the Middle East may lead to fuel shortages, thereby suppressing inflation expectations and potentially keeping the Fed from raising interest rates in upcoming meetings.
  • Rising Oil Prices: Crude oil prices surged over 1% to a three-week high due to Iranian attacks on shipping, with fears that the closure of the Strait of Hormuz could disrupt global oil supplies, potentially driving prices to exceed the 2008 record high.
  • Energy Infrastructure Damage: The International Energy Agency reported that more than 40 energy sites across nine Middle Eastern countries have been severely damaged, which could prolong disruptions to global supply chains after the war ends, further impacting international market stability.
CNBC
2.0
03-30CNBC
Jim Cramer's Charitable Trust Exits Cisco Position
  • Share Sale: Jim Cramer's Charitable Trust sold 600 shares of Cisco (CSCO) at approximately $80.48 each shortly after the market opened, aiming to replenish cash reserves after a $298,017 annual charitable distribution reduced cash levels from 15% to 6.5%.
  • Market Performance: Despite a broader market downturn, Cisco's stock has risen about 4% year-to-date, outperforming the S&P 500's 6% decline and the Nasdaq 100's 8% drop, indicating resilience amid heightened uncertainty.
  • Security Business Concerns: While Cisco shows positive growth in networking orders, ongoing weaknesses in its cybersecurity segment raise concerns, with analysts predicting potential market share losses in the coming years as the company transitions to a cloud subscription model, which could pressure stock performance.
  • Locking in Gains: The sale will realize an average gain of approximately 18%, reflecting the Charitable Trust's strategy to secure profits in light of current market uncertainties, particularly given the escalating conflict in the Middle East.
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
Wells Fargo
Underweight
initiated
$64
AI Analysis
2026-03-02
Reason
Wells Fargo
Price Target
$64
AI Analysis
2026-03-02
initiated
Underweight
Reason
Wells Fargo initiated coverage of Fortinet with an Underweight rating and $64 price target. The firm believes Fortinet's hardware-centricity "could prove unfavorable once firewall refresh winds down." The company has execution risk as it mixes away from hardware-centric markets long term, which is not fully priced into the shares, the analyst tells investors in a research note.
Freedom Capital
Almas Almaganbetov
Buy
to
Hold
downgrade
$90
2026-02-17
Reason
Freedom Capital
Almas Almaganbetov
Price Target
$90
2026-02-17
downgrade
Buy
to
Hold
Reason
Freedom Capital analyst Almas Almaganbetov downgraded Fortinet to Hold from Buy with an unchanged price target of $90. The firm cites valuation for the downgrade following the Q4 beat.
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 27.43, compared to its 5-year average forward P/E of 43.93. 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
43.93
Current PE
27.43
Overvalued PE
56.68
Undervalued PE
31.17

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
31.57
Current EV/EBITDA
21.23
Overvalued EV/EBITDA
38.94
Undervalued EV/EBITDA
24.20

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
9.89
Current PS
7.93
Overvalued PS
11.87
Undervalued PS
7.90

Financials

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Whales Holding FTNT

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SAMA Foreign Holdings
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I
Inspire Investing, LLC
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+0.88%
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Ö
ÖKoworld Lux S.A.
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+0.88%
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H
Hudson River Trading LLC
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Frequently Asked Questions

What is Fortinet Inc (FTNT) stock price today?

The current price of FTNT is 79.05 USD — it has increased 1.09

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 1.91B USD, increased 14.75

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

Fortinet Inc. EPS for the last quarter amounts to 0.68 USD, decreased 0.00

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

Fortinet Inc (FTNT) has 15109 emplpoyees as of March 31 2026.

What is Fortinet Inc (FTNT) market cap?

Today FTNT has the market capitalization of 58.49B USD.