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Fortinet (FTNT) Stock Price, News & Analysis

Fortinet logo
$136.08 -3.02 (-2.17%)
Closing price 10/30/2026 04:00 PM Eastern
Extended Trading
$136.34 +0.26 (+0.19%)
As of 10/30/2026 07:59 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)

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Key Stats

Today's Range
$134.40
▼
$138.79
50-Day Range
$136.08
▼
$194.75
52-Week Range
$73.55
▼
$197.13
Volume
8.67 million shs
Average Volume
4.73 million shs
Market Capitalization
$99.84 billion
P/E Ratio
44.18
Dividend Yield
N/A
Price Target
$147.94
Consensus Rating
Hold

Company Overview

Fortinet, Inc. develops cybersecurity products and services designed to protect networks, endpoints, applications, cloud environments and operational technology systems. The company’s portfolio includes next-generation firewalls, secure networking products, endpoint security, web application security, email security, identity and access solutions, and security information and event management tools.

Its product offerings include FortiGate network security appliances and cloud-based firewalls, along with FortiSwitch, FortiAP and FortiExtender solutions for secure connectivity. Fortinet also provides products such as FortiClient, FortiEDR, FortiWeb, FortiMail, FortiNAC, FortiManager and FortiAnalyzer. The company complements its products with FortiGuard security services, which provide threat intelligence, security updates, detection capabilities and related support.

Founded in 2000, Fortinet serves organizations ranging from small businesses to large enterprises, government agencies, telecommunications providers and managed service providers. Its solutions are marketed and supported internationally across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa. Fortinet was founded by Ken Xie, who serves as the company’s chairman and chief executive officer.

AI Generated. May Contain Errors.

Fortinet Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
73rd Percentile Overall Score

FTNT MarketRank™: 
3.63748538771 of 5 stars

Fortinet scored higher than 73% of companies evaluated by MarketBeat, and ranked 227th out of 596 stocks in the 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 2.15, and is based on 1 strong buy rating, 10 buy ratings, 24 hold ratings, and 6 sell ratings.

  • Upside/Downside

    The consensus price target for Fortinet is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Fortinet has been the subject of 27 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 11.25% in the coming year, from $3.11 to $3.46 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Fortinet is 44.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 27.06.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fortinet is 44.18, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 45.62.

  • Price to Earnings Growth Ratio

    Fortinet has a PEG Ratio of 2.59. 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 44.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.00% 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 3.64, 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 3.41%, indicating that investor sentiment is improving.
  • 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 0.29. 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 lower news sentiment than the 0.64 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 128 news articles for Fortinet this week, compared to 9 articles on an average week.
  • Search Interest

    72 people have searched for FTNT on MarketBeat in the last 30 days. This is an increase of 38% compared to the previous 30 days.
  • MarketBeat Follows

    49 people have added Fortinet to their MarketBeat watchlist in the last 30 days. This is an increase of 345% 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 $36,164,034.00 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.
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FTNT Stock News Headlines

Barclays Has Lowered Expectations for Fortinet (NASDAQ:FTNT) Stock Price
Citigroup Issues Pessimistic Forecast for Fortinet (NASDAQ:FTNT) Stock Price
What Elon Musk's Cybercab Reveal Could Mean for Investors
Jeff Brown, the analyst who flagged Bitcoin, Tesla, and Nvidia early, is tracking Elon Musk's next move. He points to a new AI project tied to Musk's Cybercab reveal. Brown says Musk has opened major investment windows before, with PayPal, Tesla, and SpaceX marking milestones in tech history. He believes a fourth may open by October 30.tc pixel
Fortinet (NASDAQ:FTNT) Rating Lowered to Neutral at Bank of America
Server racks with red and blue lights beside a declining stock price chart, with a city skyline in the background.
Breaching the Valuation: The Real Reason Fortinet Dropped
Fortinet shares fell about 26% after Q3 2026 earnings showed strong revenue and margins but slower service revenue growth versus hardware, prompting analyst downgrades and price target cuts.
4 Stocks With Demand So Sticky That the AI Sell-Off Barely Touched Them at All
4 Stocks With Demand So Sticky That the AI Sell-Off Barely Touched Them at All (FTNT)
AI hardware stocks slid on demand fears, but Chaikin Analytics says sticky-demand software and chip names like Palantir, ServiceNow, CrowdStrike and AMD could lead a post-midterm rally.
See More Headlines

FTNT Stock Analysis - Frequently Asked Questions

Fortinet's stock was trading at $79.41 at the beginning of the year. Since then, FTNT shares have increased by 71.4% and is now trading at $136.08.

Fortinet, Inc. (NASDAQ:FTNT) issued its earnings results on Wednesday, October, 28th. The software maker reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.05. Fortinet's revenue for the quarter was up 20.5% compared to the same quarter last year.
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 created shares were distributed to shareholders after the market closes 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 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 Robeco Institutional Asset Management B.V. (0.34%), Sumitomo Mitsui Trust Group Inc. (0.20%), ProShare Advisors LLC (0.12%) and Ninety One UK Ltd (0.09%). 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), Advanced Micro Devices (AMD), CrowdStrike (CRWD), Tesla (TSLA), Salesforce (CRM), PayPal (PYPL) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
10/28/2026
Today
10/31/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

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

Price Target and Rating

High Price Target
$225.00
Low Price Target
$80.00
Potential Upside/Downside
+8.7%
Consensus Rating
Hold
Rating Score (0-4)
2.15
Research Coverage
41 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.08
Trailing P/E Ratio
44.18
Forward P/E Ratio
43.76
P/E Growth
2.59
Net Income
$1.85 billion
Net Margins
28.96%
Pretax Margin
35.31%
Return on Equity
152.72%
Return on Assets
21.36%

Debt

Debt-to-Equity Ratio
0.22
Current Ratio
1.40
Quick Ratio
1.19

Sales & Book Value

Annual Sales
$7.88 billion
Price / Sales
12.67
Cash Flow
$3.03 per share
Price / Cash Flow
44.90
Book Value
$3.06 per share
Price / Book
44.47

Miscellaneous

Outstanding Shares
733,714,000
Free Float
604,580,000
Market Cap
$99.84 billion
Optionable
Optionable
Beta
1.03

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This page (NASDAQ:FTNT) was last updated on 10/30/2026 by MarketBeat.com Staff.
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