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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
83.280
Open
82.100
VWAP
82.47
Vol
1.29M
Mkt Cap
60.56B
Low
81.500
Amount
106.51M
EV/EBITDA(TTM)
22.62
Total Shares
739.92M
EV
57.97B
EV/OCF(TTM)
22.38
P/S(TTM)
9.20
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

News

NASDAQ.COM
8.0
04-17NASDAQ.COM
Salesforce and Fortinet See High Options Trading Volume
  • Salesforce Options Volume: Salesforce Inc saw options trading volume of 61,385 contracts, equating to approximately 6.1 million shares, which represents about 45.2% of its average daily trading volume of 13.6 million shares over the past month, indicating strong market interest in its future performance.
  • High Call Option Activity: Within Salesforce, the $185 strike call option has seen 5,234 contracts traded today, representing around 523,400 underlying shares, suggesting that investors have a strong bullish outlook for the stock ahead of its April 2026 expiration.
  • Fortinet Options Trading Dynamics: Fortinet Inc's options trading volume reached 29,494 contracts, approximately 2.9 million shares, accounting for 44.7% of its average daily trading volume of 6.6 million shares over the past month, reflecting active market interest in its stock.
  • Put Option Trading Volume: For Fortinet, the $76 strike put option has recorded a trading volume of 7,224 contracts today, representing about 722,400 shares, indicating investor concerns regarding potential declines in the stock before its April 2026 expiration.
NASDAQ.COM
4.5
04-16NASDAQ.COM
US Stocks Close Higher with Chipmakers Rallying
  • Market Recovery: On Thursday, the S&P 500 rose by 0.26% and the Nasdaq 100 by 0.49%, reaching new highs, indicating a strong rebound after early losses and reflecting investor confidence in economic recovery.
  • Chip Sector Boost: Taiwan Semiconductor Manufacturing Co raised its 2026 revenue forecast, highlighting strong AI demand, which propelled chipmakers' stock prices, particularly benefiting major suppliers to Nvidia and Apple, further enhancing market optimism.
  • Oil Price Impact: Despite the stock market gains, crude oil prices surged over 3%, raising concerns about the Middle East situation and limiting the market's upward momentum, illustrating the potential impact of energy prices on the overall economy.
  • Mixed Economic Data: Initial jobless claims fell to 207,000, exceeding expectations and indicating labor market strength, but unexpected declines in manufacturing production reflect economic uncertainty, which could influence future monetary policy.
Yahoo Finance
7.5
04-16Yahoo Finance
Endace Unveils New Partners and Integrations for Enhanced Packet Capture
  • New Partnerships: Endace has announced new partnerships with prominent companies such as Cisco XDR and Splunk SIEM as part of its Fusion Partner Program, aimed at enhancing network security capabilities through integrated full packet capture technology.
  • Integration Upgrades: By integrating with various security solutions, Endace Probes provide real-time network visibility and forensic evidence, enabling NOC and SOC teams to detect and resolve network threats more efficiently, thereby improving overall response times.
  • Growing Market Demand: Michael Morris, Senior Director of Technology Alliances at Endace, noted that customers are increasingly recognizing the importance of always-on packet capture, which has become a fundamental requirement for NOC and SOC teams, reflecting strong demand for efficient forensic tools in the cybersecurity market.
  • Industry Influence: Endace showcased its full packet capture technology at major cybersecurity trade shows in 2025 and 2026, further solidifying its leadership position in the cybersecurity field and attracting more partners' attention and participation.
NASDAQ.COM
4.5
04-15NASDAQ.COM
US Stocks Close: S&P 500 Hits All-Time High
  • Market Performance: On Wednesday, the S&P 500 rose by 0.80% and the Nasdaq 100 by 1.40%, reaching all-time highs, reflecting investor optimism regarding a potential peace deal in the Middle East, which may boost market confidence.
  • Economic Data: The April Empire Manufacturing Survey index increased by 11.2 to 11.0, surpassing expectations and indicating improved economic activity that could support the stock market, while the NAHB housing market index fell to a 7-month low, signaling weakness in the real estate sector.
  • Interest Rate Dynamics: The 10-year Treasury yield rose to 4.276% as optimism over the US-Iran ceasefire eased safe-haven demand for Treasuries, potentially leading investors to reassess future rate policies amid mixed economic signals.
  • Sector Volatility: Software stocks surged, with Atlassian up over 10%, while industrial stocks fell broadly due to concerns over US metals tariffs, exemplified by Carrier Global's decline of over 9%, highlighting significant sector divergence.
NASDAQ.COM
4.5
04-15NASDAQ.COM
US Stocks Show Modest Gains Amid Optimism Over Middle East Peace Talks
  • Market Performance: The S&P 500 index rose by 0.10% and the Nasdaq 100 by 0.15%, reflecting optimism surrounding potential peace talks in the Middle East, with the S&P 500 reaching a two-month high and the Nasdaq 100 a 2.5-month high.
  • Supportive Economic Data: The April Empire manufacturing survey reported a rise of 11.2 in the general business conditions index to a five-month high of 11.0, surpassing expectations of 0.0, indicating a strong economic recovery that could further boost investor confidence.
  • Impact of Rising Oil Prices: WTI crude oil prices increased by over 1% as the US implemented a naval blockade in the Strait of Hormuz, potentially exacerbating global oil and fuel shortages, which could affect market supply-demand dynamics and lead to stock volatility.
  • Earnings Season Insights: Q1 earnings for the S&P 500 are projected to grow by 12% year-over-year, but excluding the technology sector, growth is only expected at 3%, indicating a lack of overall earnings momentum that may affect long-term investor confidence.
NASDAQ.COM
4.5
04-10NASDAQ.COM
Mixed Close for US Stocks as Nasdaq Hits Six-Week High
  • Market Volatility: On Friday, the S&P 500 closed down 0.11%, the Dow Jones Industrial Average fell 0.56%, while the Nasdaq 100 rose 0.14%, reflecting a tug-of-war between software stock weakness and inflation concerns.
  • Inflation Data Impact: The US March CPI rose 3.3% year-on-year, slightly below the expected 3.4%, marking the largest increase in two years but failing to boost market confidence, as the consumer sentiment index dropped to a record low of 47.6.
  • Geopolitical Factors: Optimism surrounding US-Iran diplomatic negotiations has increased market sentiment regarding Middle Eastern tensions, although President Trump's comments about military readiness have raised concerns, putting pressure on stocks.
  • Sector Performance Divergence: Software stocks faced declines due to AI disruption fears, with ServiceNow and Cadence Design Systems down over 7% and 5%, respectively, while chipmakers like Broadcom and AMD rose over 4% and 3% due to increased market demand.
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
Mizuho
Underperform
downgrade
$74 -> $70
AI Analysis
2026-04-14
Reason
Mizuho
Price Target
$74 -> $70
AI Analysis
2026-04-14
downgrade
Underperform
Reason
Mizuho lowered the firm's price target on Fortinet to $70 from $74 and keeps an Underperform rating on the shares. The firm adjusted targets in large-cap software as part of a Q1 preview. Mizuho's channel checks were solid overall, with cloud and consumption data points "generally good" and AI adoption remaining "very strong," the analyst tells investors in a research note. However, cybersecurity demand was mixed, contends the firm. Mizuho's favorite stocks to own into the Q1 reports are Cloudflare, ServiceNow, and Atlassian.
Wells Fargo
Underweight
initiated
$64
2026-03-02
Reason
Wells Fargo
Price Target
$64
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.
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 26.67, compared to its 5-year average forward P/E of 43.04. 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
43.04
Current PE
26.67
Overvalued PE
55.88
Undervalued PE
30.20

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
30.83
Current EV/EBITDA
19.95
Overvalued EV/EBITDA
38.60
Undervalued EV/EBITDA
23.06

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
9.72
Current PS
7.29
Overvalued PS
11.76
Undervalued PS
7.68

Financials

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Whales Holding FTNT

F
First Trust Advisors L.P.
Holding
FTNT
+82.72%
3M Return
M
More Investment House Ltd.
Holding
FTNT
+22.93%
3M Return
V
Van Eck Associates Corporation
Holding
FTNT
+15.55%
3M Return
H
Hudson River Trading LLC
Holding
FTNT
+11.62%
3M Return
I
Inspire Investing, LLC
Holding
FTNT
+11.35%
3M Return
L
Leonteq AG
Holding
FTNT
+10.68%
3M Return

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Frequently Asked Questions

What is Fortinet Inc (FTNT) stock price today?

The current price of FTNT is 82.62 USD — it has increased 0.95

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 April 20 2026.

What is Fortinet Inc (FTNT) market cap?

Today FTNT has the market capitalization of 60.56B USD.