Fortinet, Inc. (FTNT)
$
78.09
-2.67 (-3.42%)
Key metrics
Financial statements
Free cash flow per share
2.6505
Market cap
59.8 Billion
Price to sales ratio
9.4413
Debt to equity
0.4831
Current ratio
1.3285
Income quality
1.2378
Average inventory
383.9 Million
ROE
1.2075
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions across the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The weighted average number of shares outstanding is 764,400,000.00 highlighting the company's shareholder base. It offers FortiGate hardware and software licenses that deliver a range of security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The financial data pertains to the fiscal year 2024 and the company incurred an income tax expense of $283,900,000.00 indicating its tax obligations. Additionally, the total costs and expenses for the company are $4,152,400,000.00 reflecting its overall spending. The net income ratio is 0.29 reflecting the company's profitability margin. The company also offers a variety of products, including the FortiSwitch product family for secure switching solutions, FortiAP for secure wireless networking, FortiExtender as a hardware appliance, FortiAnalyzer for centralized network logging and reporting, and FortiManager for scalable management of FortiGate products. Furthermore, it provides FortiWeb for web application firewall solutions, FortiMail for secure email gateway solutions, FortiSandbox technology for proactive threat detection, FortiClient for endpoint protection, and multi-factor authentication solutions through FortiToken and FortiAuthenticator. Fortinet also delivers endpoint protection with FortiEDR/XDR, providing machine-learning anti-malware and real-time post-infection protection. It offers security subscription, technical support, professional, and training services, selling solutions to channel partners and directly to customers in various industries including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare. The stock is reasonably priced at $102.97 appealing to a broad range of investors. With a large market capitalization of $59,837,711,940.00 the company is a dominant player in the cybersecurity industry, contributing significantly to the overall market landscape. It has a high average trading volume of 6,266,606.00 indicating strong liquidity, positioning itself as a key player in the Software - Infrastructure industry. Additionally, it belongs to the Technology sector, driving innovation and growth within the marketplace. These attributes underscore Fortinet's commitment to security and its strategic importance in the technology landscape, solidifying its role as a vital contributor to the development of robust cybersecurity solutions.
Investing in Fortinet, Inc. (FTNT) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as B+, with a Bearish outlook. Always conduct your own research before investing.
Analysts predict Fortinet, Inc. stock to fluctuate between $70.12 (low) and $114.82 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-08-20, Fortinet, Inc.'s market cap is $59,837,711,940, based on 766,266,000 outstanding shares.
Compared to Nvidia Corp, Fortinet, Inc. has a Lower Market-Cap, indicating a difference in performance.
To buy Fortinet, Inc. (FTNT) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for FTNT. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Fortinet, Inc.'s last stock split was 5:1 on 2022-06-23.
Revenue: $5,955,800,000 | EPS: $2.28 | Growth: 55.10%.
Visit https://www.fortinet.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $114.82 (2025-02-18) | All-time low: $42.61 (2022-11-03).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
zacks.com
Fortinet sustains double-digit billings growth, boosted by cloud services, large enterprise wins and a raised full-year outlook.
zacks.com
Qualys' AI-powered innovation & 82% margins outshine Fortinet's growth concerns. Buy QLYS for superior tech.
zacks.com
FTNT enhances FortiRecon with CTEM alignment, brand protection and AI-driven automation to tackle evolving cyber threats.
seekingalpha.com
Fortinet's stock drop is excessive; strong management, scalable products, and SASE growth support my long-term bullish thesis. Q2 results were solid: EPS beat, billings guidance raised, and firewall renewal cycle is progressing as planned, despite margin compression from investments. Market overreacted to lower product segment growth, but hardware is just an enabler for high-margin services, which remain the core value driver.
seekingalpha.com
FTNT's post-earnings selloff is an overreaction; strong Q2 results and robust billings growth highlight ongoing business strength. The unified platform strategy and AI investments position FTNT for long-term growth beyond the current firewall upgrade cycle concerns. Despite hardware cycle fears, 650,000 firewalls still need replacement, creating significant cross-selling and upselling opportunities.
fool.com
Fortinet (FTNT 0.19%) provided insights on a new product launch that disappointed investors.
prnewswire.com
LOS ANGELES , Aug. 12, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fortinet, Inc. ("Fortinet" or "the Company") (NASDAQ: FTNT) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
seekingalpha.com
Fortinet is a Buy for long-term investors, combining sustainable growth, high profitability, and a strong strategic position in cybersecurity. Subscription revenue growth, margin stability, and leadership in network convergence and SASE drive confidence in continued outperformance and customer retention. Valuation models suggest 12–21% upside, with shares trading below historical multiples and strong cash flow supporting aggressive buybacks.
seekingalpha.com
Fortinet raised billings growth guidance to +12% growth in CY25 but kept margins and revenue guidance the same, leading to some questions about growth. Markets were shocked to learn that the company was already cycling through half its firewall upgrade cycle, but the long-touted growth in services from upsell opportunities was still missing. It also didn't help that FTNT was trading at a forward PE of +40x before Q2 earnings, leaving management very little room for error.
seekingalpha.com
Fortinet Is Not Dead Yet: Add On Q2 2025 Earnings Pullback
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