Fortinet, Inc. (FTNT)
$
105.66
+3.45 (3.27%)
Key metrics
Financial statements
Free cash flow per share
2.6910
Market cap
80.9 Billion
Price to sales ratio
13.1669
Debt to equity
0.5069
Current ratio
1.3627
Income quality
1.2191
Average inventory
339.1 Million
ROE
1.6156
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 $102.43 appealing to a broad range of investors. With a large market capitalization of $80,873,854,560.00 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 5,113,152.00 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 Bullish outlook. Always conduct your own research before investing.
Analysts predict Fortinet, Inc. stock to fluctuate between $54.57 (low) and $114.82 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-07-03, Fortinet, Inc.'s market cap is $80,873,854,560, based on 765,416,000 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 Bullish 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: $28.84 (2021-01-29).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
We rate Fortinet a Strong Buy with a $148 price target, driven by a subscription-led mix shift and unified platform momentum. Accelerating SASE and AI-powered SecOps adoption, plus a dominant firewall franchise, support recurring revenue durability and double-digit EPS growth through FY27. Valuation offers a 44% upside with a 50x FY26E P/E, below historical and peer medians, providing a margin of safety and asymmetric risk/reward.
zacks.com
In the latest trading session, Fortinet (FTNT) closed at $105.72, marking a +2.53% move from the previous day.
zacks.com
FortiGate continues to power FTNT's growth with mid-teens hardware gains and new launches like the 700G series for enterprises.
globenewswire.com
Fortinet wired and WLAN solutions have long been integrated into the Fortinet Security Fabric, delivering a proven, AI-powered platform that converges networking and security to reduce complexity, mitigate cyber risk, lower costs, and improve performance Fortinet wired and WLAN solutions have long been integrated into the Fortinet Security Fabric, delivering a proven, AI-powered platform that converges networking and security to reduce complexity, mitigate cyber risk, lower costs, and improve performance
zacks.com
Fortinet's unified SASE strategy fuels growth, but premium valuation and fierce competition keep the stock in hold territory.
zacks.com
Fortinet (FTNT) concluded the recent trading session at $104.44, signifying a +1.25% move from its prior day's close.
zacks.com
Fortinet (FTNT) concluded the recent trading session at $100.84, signifying a -1.98% move from its prior day's close.
zacks.com
Fortinet (FTNT) reached $101.95 at the closing of the latest trading day, reflecting a +1.11% change compared to its last close.
zacks.com
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
investors.com
Fortinet, part of the top-ranking computer software-security industry group, is just 6% below a fresh buy point.
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