Free Trial
NASDAQ:FTNT

Fortinet (FTNT) Stock Price, News & Analysis

Fortinet logo
$146.30 +1.24 (+0.85%)
Closing price 06/12/2026 04:00 PM Eastern
Extended Trading
$146.65 +0.35 (+0.24%)
As of 06/12/2026 07:58 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
$142.15
$146.38
50-Day Range
$76.61
$149.67
52-Week Range
$70.12
$150.07
Volume
5.08 million shs
Average Volume
6.18 million shs
Market Capitalization
$107.19 billion
P/E Ratio
56.49
Dividend Yield
N/A
Price Target
$107.77
Consensus Rating
Hold

Company Overview

Fortinet Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
72nd Percentile Overall Score

FTNT MarketRank™: 

Fortinet scored higher than 72% of companies evaluated by MarketBeat, and ranked 244th out of 629 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 2.17, and is based on 2 strong buy ratings, 6 buy ratings, 24 hold ratings, and 4 sell ratings.

  • Downside Risk

    Fortinet has a consensus price target of $107.77, representing about 26.3% downside from its current price of $146.30.

  • Amount of Analyst Coverage

    Fortinet has been the subject of 24 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 7.55% in the coming year, from $2.78 to $2.99 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Fortinet is 56.49, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.75.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fortinet is 56.49, 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 171.87.

  • Price to Earnings Growth Ratio

    Fortinet has a PEG Ratio of 4.01. 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 88.13. 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

    2.79% 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 2.75, 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 14.15%, 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 1.29. 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 0.72 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 40 news articles for Fortinet this week, compared to 11 articles on an average week.
  • Search Interest

    Only 56 people have searched for FTNT on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.
  • MarketBeat Follows

    21 people have added Fortinet to their MarketBeat watchlist in the last 30 days. This is an increase of 133% 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

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.
Trump's New Dollar
Porter Stansberry says President Trump has signed an executive order initiating what he calls a full U.S. dollar reset - and most Americans don't know it's happening. The last time America underwent a monetary shift like this, under Nixon in the 1970s, it minted an average of 1,300 new millionaires a day for over half a century. Stansberry has released a new documentary naming the assets he believes are positioned to surge as a result.tc pixel
A laptop on a desk displays a financial news page for the Amplify Cybersecurity ETF (HACK) with price data.
As AI Data Breaches Become More Common, This Cybersecurity ETF Is Surging (FTNT)
AI-driven cyberattacks are surging, boosting global security spending toward $663 billion annually through 2033 and fueling a 49% rally for the Amplify Cybersecurity ETF.
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 84.2% and is now trading at $146.30.

Fortinet, Inc. (NASDAQ:FTNT) released its quarterly earnings data on Wednesday, May, 6th. The software maker reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.20. The company's revenue was up 20.1% compared to the same quarter last year.
Read the conference call transcript
.

Fortinet's stock split before market open on Thursday, June 23rd 2022.The 5-1 split was announced on Thursday, June 9th 2022. The newly created shares were distributed 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 more.

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 shareholders include Bank of New York Mellon Corp (1.82%), First Trust Advisors LP (1.57%), Arrowstreet Capital Limited Partnership (1.32%) and Bank of America Corp DE (0.63%). 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
6/13/2026
Next Earnings (Estimated)
8/05/2026
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
$180.00
Low Price Target
$70.00
Potential Upside/Downside
-26.3%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
36 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.59
Trailing P/E Ratio
56.49
Forward P/E Ratio
52.63
P/E Growth
4.01
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
15.76
Cash Flow
$3.10 per share
Price / Cash Flow
47.23
Book Value
$1.66 per share
Price / Book
88.13

Miscellaneous

Outstanding Shares
732,650,000
Free Float
603,702,000
Market Cap
$107.19 billion
Optionable
Optionable
Beta
1.11

Social Links

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2026 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report

This page (NASDAQ:FTNT) was last updated on 6/14/2026 by MarketBeat.com Staff.
From Our Partners