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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
138.110
Open
129.585
VWAP
135.03
Vol
9.63M
Mkt Cap
101.08B
Low
129.000
Amount
1.30B
EV/EBITDA(TTM)
33.98
Total Shares
732.65M
EV
92.23B
EV/OCF(TTM)
32.89
P/S(TTM)
13.79
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 is an AI-powered security that is integrated as part of the Fortinet Security Fabric to deliver detection and enforcement across the entire attack surface. FortiCare Technical Support Service is a technical support service which provides customers with access to operations and maintenance of Fortinet solutions.
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Events Timeline

(ET)
2026-05-21
14:50:00
Trump Delays Signing of AI Executive Order
select
2026-05-20 (ET)
2026-05-20
15:30:00
White House Plans Review of AI Models
select
link
2026-05-12 (ET)
2026-05-12
09:30:00
Fortinet Accelerates FortiAIGate Solution with Nvidia
select

News

NASDAQ.COM
9.5
05-30NASDAQ.COM
Fortinet vs. CrowdStrike Revenue Insights
  • Revenue Comparison: Fortinet consistently reports higher total revenue than CrowdStrike during the observed periods, indicating its strong market position in cybersecurity hardware and software, while CrowdStrike shows steady quarter-over-quarter revenue growth, reflecting robust customer demand.
  • Profitability Analysis: Fortinet achieved approximately a 29% net income margin for the quarter ended March 31, 2026, compared to CrowdStrike's net income margin of about 5% for the quarter ended January 31, 2026, highlighting significant differences in profitability that may influence investor expectations for future growth.
  • Market Dynamics: The consistent revenue growth trend of CrowdStrike suggests ongoing demand in the cybersecurity sector, and if this trend continues, CrowdStrike is likely to surpass Fortinet in total sales over time, indicating intensifying market competition.
  • Strategic Investments: CrowdStrike's authorization of a $500 million share repurchase increase and a 5% workforce reduction aims to optimize its cost structure and enhance market competitiveness, demonstrating its agility in responding to market challenges.
Fool
9.5
05-30Fool
Fortinet and CrowdStrike Financial Report Analysis
  • Fortinet Financial Performance: Fortinet reported approximately a 29% net income margin for Q1 2026, maintaining strong sales of integrated cybersecurity hardware and software despite facing shareholder legal investigations, indicating sustained demand from enterprise customers.
  • CrowdStrike Growth Momentum: CrowdStrike achieved about a 5% net income margin in Q1 2026 and announced a $500 million share repurchase increase alongside a 5% workforce reduction, demonstrating the company's focus on resource optimization to support ongoing growth.
  • Revenue Comparison Analysis: Fortinet's revenue for Q2 2024 was $1.4 billion, while CrowdStrike's was $921 million; although Fortinet has higher total sales, CrowdStrike's consistent quarterly revenue growth trend reflects strong market demand.
  • Strategic Partnerships and Innovation: CrowdStrike's Project QuiltWorks focuses on security risks associated with artificial intelligence and partners with insurance providers like Liberty Mutual, expanding its product line to address potential financial liabilities arising from AI mistakes.
Yahoo Finance
9.5
05-30Yahoo Finance
Fortinet vs CrowdStrike: Revenue Trends Analysis
  • Fortinet Revenue Performance: Fortinet reported $1.8 billion in revenue for Q1 2026 with a net income margin of approximately 29%, demonstrating strong performance in the cybersecurity hardware and software sector despite facing shareholder legal investigations.
  • CrowdStrike Growth Momentum: CrowdStrike generated $1.3 billion in revenue for Q1 2026 with a net income margin of about 5%, while announcing a $500 million share repurchase increase and a 5% workforce reduction, indicating its ongoing growth in the cloud security market and effective cost management.
  • Revenue Comparison Analysis: While Fortinet's total sales exceed those of CrowdStrike, the latter has achieved consistent revenue growth nearly every quarter over the past two years, reflecting strong customer demand that may lead to it surpassing Fortinet in total sales in the future.
  • Strategic Investment Focus: CrowdStrike's Project QuiltWorks addresses security risks associated with artificial intelligence and has partnered with insurance providers like Liberty Mutual, showcasing its innovation and adaptability in the cybersecurity landscape.
NASDAQ.COM
4.5
05-29NASDAQ.COM
US Stock Indices Reach All-Time Highs Amid Positive Economic Signals
  • Strong Market Performance: The S&P 500 rose by 0.22%, the Dow Jones Industrial Average increased by 0.72%, and the Nasdaq 100 climbed by 0.36%, with all three indices reaching new all-time highs, reflecting market confidence in economic recovery.
  • Tech Stocks Lead Gains: Dell Technologies surged 32% after reporting Q1 total revenue of $43.84 billion, significantly exceeding the consensus estimate of $35.52 billion, and raised its 2027 revenue forecast to between $165 billion and $169 billion, indicating strong market demand and growth potential.
  • Positive Economic Data: The May Chicago PMI rose by 13.5 to 62.7, far surpassing expectations of 50.3, marking the fastest expansion pace in 4.25 years, which further bolstered market confidence in stocks.
  • Oil Price Decline Benefits Stocks: Crude oil prices fell over 1% to a five-week low due to a preliminary agreement between the US and Iran, easing inflation concerns and supporting the upward trend in the stock market.
NASDAQ.COM
4.5
05-29NASDAQ.COM
US Stock Indices Reach All-Time Highs Amid Positive Economic Signals
  • Market Surge: The S&P 500 rose by 0.21%, the Dow Jones Industrial Average increased by 0.65%, and the Nasdaq 100 climbed by 0.25%, with all three indices reaching new all-time highs, reflecting strong market confidence in economic recovery.
  • Tech Stocks Rally: Dell Technologies surged over 31% after reporting Q1 total revenue of $43.84 billion, significantly exceeding the consensus estimate of $35.52 billion, and raised its 2027 revenue forecast to $165 billion to $169 billion, indicating robust demand for AI infrastructure.
  • Positive Economic Indicators: The May MNI Chicago PMI jumped 13.5 to 62.7, well above the expected 50.3, marking the strongest expansion pace in 4.25 years, which supports the bullish sentiment in the stock market.
  • Oil Price Decline: Crude oil prices fell more than 1% to a five-week low as the US and Iran tentatively agreed to extend a ceasefire, easing inflation concerns and fostering optimism about the economic outlook.
NASDAQ.COM
4.5
05-29NASDAQ.COM
U.S. Stock Indices Reach All-Time Highs Amid Positive Market Sentiment
  • Market Optimism: The U.S. stock indices reached all-time highs today, with the S&P 500 up 0.41%, the Dow Jones up 0.43%, and the Nasdaq 100 up 0.66%, driven by improved prospects for a peace deal in the Middle East, reflecting investor confidence in economic recovery.
  • Tech Stock Surge: Dell Technologies surged over 30% after providing a sales outlook that exceeded analyst expectations, highlighting relentless demand for AI infrastructure upgrades, which further boosted the entire tech sector's attractiveness to investors.
  • Crude Oil Price Decline: Crude oil prices fell more than 1% to a five-week low due to a preliminary agreement between the U.S. and Iran, easing inflation concerns and fostering optimism about a potential recovery in oil supply, which could benefit related industries.
  • Strong Corporate Earnings: As of now, 84% of S&P 500 companies have beaten Q1 earnings estimates, with overall earnings projected to rise 12% year-over-year, although excluding the tech sector, growth is only expected at 3%, indicating market reliance on tech for future growth amidst uncertainty.
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
DZ Bank
Buy
to
Hold
downgrade
$125
AI Analysis
2026-05-19
Reason
DZ Bank
Price Target
$125
AI Analysis
2026-05-19
downgrade
Buy
to
Hold
Reason
DZ Bank downgraded Fortinet to Hold from Buy with a $125 price target.
Susquehanna
Shyam Patil
Neutral
maintain
$90 -> $115
2026-05-08
Reason
Susquehanna
Shyam Patil
Price Target
$90 -> $115
2026-05-08
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.
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 45.25, compared to its 5-year average forward P/E of 42.63. 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
42.63
Current PE
45.25
Overvalued PE
55.46
Undervalued PE
29.81

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
30.65
Current EV/EBITDA
30.65
Overvalued EV/EBITDA
38.47
Undervalued EV/EBITDA
22.82

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
10.86
Overvalued PS
11.75
Undervalued PS
7.65

Financials

AI Analysis
Annual
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Whales Holding FTNT

O
Ossiam
Holding
FTNT
+38.69%
3M Return
A
Ak Portföy Yönetimi AS
Holding
FTNT
+33.50%
3M Return
L
Leonteq AG
Holding
FTNT
+26.81%
3M Return
A
Allianz Global Investors U.S. LLC
Holding
FTNT
+26.09%
3M Return
A
Ardmore Road Asset Management LP
Holding
FTNT
+25.09%
3M Return
P
Penserra Capital Management LLC
Holding
FTNT
+24.74%
3M Return

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Frequently Asked Questions

What is Fortinet Inc (FTNT) stock price today?

The current price of FTNT is 137.97 USD — it has increased 6.38

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 is an AI-powered security that is integrated as part of the Fortinet Security Fabric to deliver detection and enforcement across the entire attack surface. FortiCare Technical Support Service is a technical support service which provides customers with access to operations and maintenance of Fortinet solutions.

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 31 2026.

What is Fortinet Inc (FTNT) market cap?

Today FTNT has the market capitalization of 101.08B USD.