Go Pro
NASDAQ:FTNT

Fortinet (FTNT) Stock Price, News & Analysis

Fortinet logo
$157.51 -6.22 (-3.80%)
Closing price 04:00 PM Eastern
Extended Trading
$157.71 +0.20 (+0.13%)
As of 07:56 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Fortinet Stock (NASDAQ:FTNT)

Advanced

Key Stats

Today's Range
$156.62
$165.28
50-Day Range
$84.31
$163.73
52-Week Range
$70.12
$165.28
Volume
3.52 million shs
Average Volume
5.83 million shs
Market Capitalization
$115.40 billion
P/E Ratio
60.81
Dividend Yield
N/A
Price Target
$108.74
Consensus Rating
Hold

Company Overview

Fortinet Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
71st Percentile Overall Score

FTNT MarketRank™: 

Fortinet scored higher than 71% of companies evaluated by MarketBeat, and ranked 343rd out of 628 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Fortinet has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 1 strong buy rating, 6 buy ratings, 24 hold ratings, and 5 sell ratings.

  • Downside Risk

    Fortinet has a consensus price target of $108.74, representing about 31.0% downside from its current price of $157.51.

  • Amount of Analyst Coverage

    Fortinet has been the subject of 25 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Fortinet's stock forecast and price target.
  • Earnings Growth

    Earnings for Fortinet are expected to grow by 7.50% in the coming year, from $2.80 to $3.01 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Fortinet is 60.81, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.16.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fortinet is 60.81, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 162.58.

  • Price to Earnings Growth Ratio

    Fortinet has a PEG Ratio of 4.45. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Fortinet has a P/B Ratio of 94.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Fortinet's valuation and earnings.
  • Percentage of Shares Shorted

    2.49% of the float of Fortinet has been sold short.
  • Short Interest Ratio / Days to Cover

    Fortinet has a short interest ratio ("days to cover") of 1.98, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Fortinet has recently decreased by 19.92%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Fortinet does not currently pay a dividend.

  • Dividend Growth

    Fortinet does not have a long track record of dividend growth.

  • News Sentiment

    Fortinet has a news sentiment score of 1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 29 news articles for Fortinet this week, compared to 11 articles on an average week.
  • Search Interest

    Only 28 people have searched for FTNT on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.
  • MarketBeat Follows

    23 people have added Fortinet to their MarketBeat watchlist in the last 30 days. This is an increase of 283% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Fortinet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $43,403,063.00 in company stock.

  • Percentage Held by Insiders

    17.60% of the stock of Fortinet is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    83.71% of the stock of Fortinet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Fortinet's insider trading history.
Receive FTNT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Fortinet and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

FTNT Stock News Headlines

The Coming Power War That Will Define the AI Era
From the man who predicted 2008 crash…
Porter Stansberry, founder of one of the largest financial research firms in the world, says he's breaking the biggest story of his 26-year career - an economic shift not seen since 1776. From the government taking stakes in Intel, Lithium Americas, and MP Materials, to sweeping political changes reshaping the economy, Stansberry argues a rare 'New 1776 Moment' is already underway. One Nobel Prize winner calls it a dividing line for all of society. His presentation covers the stocks to buy, the stocks to sell, and three money moves to position yourself on the right side of this shift.tc pixel
A candlestick stock price chart with a MACD indicator displayed on a trading floor monitor.
Time to Sell? 3 Winners With Fading Technical Momentum
Fortinet, Amprius Technologies, and AppLovin are showing bearish technical signals, including MACD reversals and RSI weakness, despite strong recent gains.
See More Headlines

FTNT Stock Analysis - Frequently Asked Questions

Fortinet's stock was trading at $79.41 on January 1st, 2026. Since then, FTNT shares have increased by 98.4% and is now trading at $157.51.

Fortinet, Inc. (NASDAQ:FTNT) released its quarterly earnings data on Wednesday, May, 6th. The software maker reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.20. The firm's quarterly revenue was up 20.1% on a year-over-year basis.
Read the conference call transcript
.

Shares of Fortinet split on the morning of Thursday, June 23rd 2022.The 5-1 split was announced on Thursday, June 9th 2022. The newly minted shares were issued to shareholders after the closing bell on Wednesday, June 22nd 2022. An investor that had 100 shares of stock prior to the split would have 500 shares after the split.

Fortinet subsidiaries include these companies: Sken.ai, ShieldX Networks, Panopta, OPAQ Networks, CyberSponse, enSilo, ZoneFox, and others.

Fortinet (FTNT) raised $36 million in an initial public offering (IPO) on Wednesday, November 18th 2009. The company issued 5,781,683 shares at $0.00-$12.50 per share.

Fortinet's top institutional investors include E. Ohman J or Asset Management AB (0.03%), Beacon Investment Advisory Services Inc. (0.03%), Handelsbanken Fonder AB (0.03%) and Czech National Bank (0.02%). Insiders that own company stock include Ken Xie, Michael Xie, William H Neukom, John Whittle, Patrice Perche, Kenneth A Goldman and Keith Jensen.
View institutional ownership trends
.

Shares of FTNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Fortinet investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Salesforce (CRM), Broadcom (AVGO), Tesla (TSLA) and Adobe (ADBE).

Company Calendar

Last Earnings
5/06/2026
Today
7/10/2026
Next Earnings (Estimated)
7/29/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Security
Sub-Industry
Systems Software
Current Symbol
NASDAQ:FTNT
CIK
1262039
Employees
15,109
Year Founded
2000

Price Target and Rating

High Price Target
$186.00
Low Price Target
$70.00
Potential Upside/Downside
-31.0%
Consensus Rating
Hold
Rating Score (0-4)
2.08
Research Coverage
36 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.59
Trailing P/E Ratio
60.81
Forward P/E Ratio
56.25
P/E Growth
4.45
Net Income
$1.85 billion
Net Margins
27.49%
Pretax Margin
34.03%
Return on Equity
160.08%
Return on Assets
19.96%

Debt

Debt-to-Equity Ratio
0.50
Current Ratio
1.15
Quick Ratio
1.07

Sales & Book Value

Annual Sales
$6.80 billion
Price / Sales
16.97
Cash Flow
$2.98 per share
Price / Cash Flow
52.85
Book Value
$1.66 per share
Price / Book
94.89

Miscellaneous

Outstanding Shares
732,650,000
Free Float
603,702,000
Market Cap
$115.40 billion
Optionable
Optionable
Beta
1.09

Social Links

7 Stocks to Buy Before the Robotics Revolution Cover

Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries.

"Physical AI" is coming to the United States, and there are four ways that investors can gain exposure to this new robotics revolution. Plus, learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.

Get This Free Report

This page (NASDAQ:FTNT) was last updated on 7/10/2026 by MarketBeat.com Staff.
From Our Partners