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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
147.200
Open
143.485
VWAP
143.91
Vol
18.43M
Mkt Cap
106.04B
Low
139.790
Amount
2.65B
EV/EBITDA(TTM)
38.04
Total Shares
732.65M
EV
103.24B
EV/OCF(TTM)
36.81
P/S(TTM)
15.39
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)
2026-06-11
14:30:00
Jeff Bezos' New AI Venture Prometheus Raises $12B, Valuation Reaches $41B
select
2026-05-21 (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

News

Newsfilter
7.0
06-17Newsfilter
Fortinet Warns of Credential-Harvesting Campaign
  • Cyber Attack Warning: Fortinet announced that its firewall and VPN devices are facing a credential-harvesting attack, where hackers are using brute-force methods to repeatedly guess passwords, indicating a significant escalation in cybersecurity threats.
  • Data Source Analysis: The company noted that attackers are leveraging data from previous incidents, suggesting that hackers are well-prepared and targeted in their approach, which may raise concerns among potential clients and partners regarding security.
  • Independence of Security Incidents: Fortinet emphasized that this malicious cyber activity is unrelated to any recent incidents or advisories, aiming to dispel public misconceptions about security vulnerabilities and maintain brand reputation and customer trust.
  • Industry Impact Assessment: The rise in such attack activities may prompt businesses to reassess their cybersecurity strategies and increase investments in firewall and VPN devices, thereby driving overall growth in the cybersecurity industry.
NASDAQ.COM
4.5
06-16NASDAQ.COM
U.S. Stocks Close Mixed: Dow Hits All-Time High
  • Dow Hits All-Time High: The Dow Jones Industrial Average rose by 0.64%, reaching a new all-time high, reflecting investor confidence in economic recovery, despite mixed overall market performance indicating divergent views among investors on various sectors.
  • Chip Stocks Decline: With Marvell Technology and Intel falling over 9% and 8% respectively, the weakness in chipmakers weighed on the broader market, suggesting that the pressure on tech stocks may impact future investment sentiment.
  • Weak Housing Data: U.S. May housing starts fell 15.4% month-over-month to a six-year low of 1.177 million, below expectations of 1.430 million, indicating that the weakness in the housing market could pose challenges to economic growth.
  • Oil Prices Plummet: WTI crude oil prices dropped more than 5% to a 3.5-month low due to the U.S.-Iran agreement to reopen the Strait of Hormuz, enhancing expectations for a revival in oil supplies, which may affect the performance of energy stocks.
NASDAQ.COM
4.5
06-16NASDAQ.COM
Mixed US Stock Market with Energy Stocks Under Pressure
  • Market Divergence: The S&P 500 Index fell by 0.18% and the Nasdaq 100 Index dropped by 0.83%, while the Dow Jones Industrial Average rose by 0.69% to a new all-time high, indicating a divergence in market performance, particularly as energy stocks are pressured by plunging crude oil prices.
  • Weak Housing Data: US May housing starts fell by 15.4% month-over-month to a six-year low of 1.177 million, significantly below the expected 1.430 million, while building permits also declined slightly, reflecting weakness in the real estate market that could negatively impact overall economic growth.
  • Oil Price Impact on Sentiment: WTI crude oil prices dropped over 3% to a 3.25-month low due to the US-Iran agreement to reopen the Strait of Hormuz, which has eased inflation expectations; while this provides short-term support for stocks, the long-term effects remain to be seen.
  • Fed Meeting Focus: The market is turning its attention to the two-day FOMC meeting, where rates are expected to remain unchanged, but the press conference led by new Chair Kevin Warsh will be crucial, as investors will look for insights on future inflation outlook and policy direction.
NASDAQ.COM
4.5
06-16NASDAQ.COM
Mixed Performance in US Stock Indices Amid Energy Sector Pressure
  • Mixed Market Performance: The S&P 500 Index rose by 0.11%, the Dow Jones Industrial Average increased by 0.57%, while the Nasdaq 100 Index fell by 0.18%, indicating a complex market sentiment particularly influenced by the pressure on energy stocks due to declining oil prices.
  • Oil Price Impact: WTI crude oil prices dropped over 3% to a 3.25-month low, easing inflation expectations and providing support for stocks and bonds, reflecting a cautious market outlook on future economic growth.
  • Weak Housing Data: US May housing starts fell by 15.4% month-over-month to a six-year low of 1.177 million, below the expected 1.430 million, indicating potential challenges for economic recovery stemming from a sluggish real estate market.
  • FOMC Meeting Focus: Market attention shifts to the two-day FOMC meeting, where rates are expected to remain unchanged, but the press conference led by new Chair Kevin Warsh will be pivotal in shaping future monetary policy directions.
Fool
9.5
06-09Fool
Fortinet's Cybersecurity Business Accelerates Growth
  • Stock Surge: Since early May, Fortinet's stock has surged approximately 74%, indicating strong customer acquisition for its cybersecurity software and driving ongoing growth in recurring revenue.
  • Optimistic Market Outlook: Grand View Research projects an 11.9% compound annual growth rate for the cybersecurity industry's total addressable market through 2033, positioning Fortinet to benefit significantly from this trend.
  • Accelerating Revenue: Fortinet reported a 20% year-over-year revenue increase in Q1, reaching $1.85 billion, with its product segment growing by 41%, demonstrating robust market demand and clear revenue visibility for future quarters.
  • AI-Driven Security Solutions: Fortinet has developed over 20 AI-driven security tools and holds more than 500 AI patents, suggesting that as AI infrastructure expands, the demand for Fortinet's services will significantly increase.
NASDAQ.COM
9.5
06-09NASDAQ.COM
Fortinet's Cybersecurity Business Accelerates Growth
  • Accelerated Revenue Growth: Fortinet reported a 20% year-over-year revenue increase in Q1, reaching $1.85 billion, exceeding expectations and indicating strong performance in the cybersecurity sector, which is likely to enhance market share further.
  • Strong Product Line Performance: The product segment grew by 41%, accounting for one-third of total revenue, demonstrating Fortinet's success in attracting new customers and expanding contracts with existing clients amid rising demand.
  • Optimistic Industry Outlook: The cybersecurity industry is projected to achieve an 11.9% compound annual growth rate through 2033, and with over 500 patents and AI-driven security solutions, Fortinet is well-positioned to capitalize on future market opportunities.
  • Technological Innovation Advantage: As the only cybersecurity company with custom chips, Fortinet's Security Processing Units enhance the speed and cost-effectiveness of its data center security solutions, expected to attract more large clients and drive further revenue growth.
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
Barclays
Equal Weight
maintain
$115 -> $155
AI Analysis
2026-06-12
Reason
Barclays
Price Target
$115 -> $155
AI Analysis
2026-06-12
maintain
Equal Weight
Reason
Barclays raised the firm's price target on Fortinet to $155 from $115 and keeps an Equal Weight rating on the shares after meeting with management. The firm believes Fortinet's strength in Q1 was broad-based. The company is managing channel inventory and its second half of 2026 outlook is "prudent," the analyst tells investors in a research note.
DZ Bank
Buy
to
Hold
downgrade
$125
2026-05-19
Reason
DZ Bank
Price Target
$125
2026-05-19
downgrade
Buy
to
Hold
Reason
DZ Bank downgraded Fortinet to Hold from Buy with a $125 price target.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for FTNT
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Valuation Metrics

The current forward P/E ratio for Fortinet Inc (FTNT.O) is 49.02, compared to its 5-year average forward P/E of 42.53. 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
42.53
Current PE
49.02
Overvalued PE
55.26
Undervalued PE
29.80

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
30.62
Current EV/EBITDA
34.73
Overvalued EV/EBITDA
38.42
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
9.71
Current PS
12.27
Overvalued PS
11.77
Undervalued PS
7.65

Financials

AI Analysis
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Whales Holding FTNT

V
Van Eck Associates Corporation
Holding
FTNT
+44.79%
3M Return
O
Ossiam
Holding
FTNT
+38.33%
3M Return
A
Ak Portföy Yönetimi AS
Holding
FTNT
+31.68%
3M Return
A
Ardmore Road Asset Management LP
Holding
FTNT
+27.77%
3M Return
L
Leonteq AG
Holding
FTNT
+27.07%
3M Return
I
Inspire Investing, LLC
Holding
FTNT
+26.00%
3M Return

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Frequently Asked Questions

What is Fortinet Inc (FTNT) stock price today?

The current price of FTNT is 144.73 USD — it has increased 0.41

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 June 20 2026.

What is Fortinet Inc (FTNT) market cap?

Today FTNT has the market capitalization of 106.04B USD.