Go Pro

Fortinet (FTNT) Stock Price, News & Analysis

Fortinet logo
$161.95 +7.70 (+4.99%)
Closing price 07/31/2026 04:00 PM Eastern
Extended Trading
$161.30 -0.65 (-0.40%)
As of 07/31/2026 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)

Advanced

Key Stats

Today's Range
$153.61
$162.57
50-Day Range
$127.93
$166.83
52-Week Range
$70.12
$170.35
Volume
6.08 million shs
Average Volume
5.15 million shs
Market Capitalization
$118.65 billion
P/E Ratio
57.02
Dividend Yield
N/A
Price Target
$150.91
Consensus Rating
Hold

Company Overview

Fortinet, Inc. (NASDAQ: FTNT) is a multinational cybersecurity company that develops and delivers integrated security solutions for enterprise, service provider and government customers worldwide. Founded in 2000 and headquartered in Sunnyvale, California, the company was co‑founded by Ken Xie and Michael Xie. Ken Xie serves as chairman and chief executive officer, and the company operates through a global sales, channel and services organization to support customers across the Americas, EMEA and Asia‑Pacific.

Fortinet’s product portfolio centers on network security appliances and software, with its FortiGate next‑generation firewalls and the FortiOS operating system forming a core platform. The company extends that platform via the Fortinet Security Fabric, a suite designed to integrate networking, access, endpoint, application and cloud security. Offerings include secure SD‑WAN, secure access service edge (SASE) capabilities, endpoint protection, email and web application security, network access control, and industrial/OT security, delivered as physical appliances, virtual machines and cloud services.

Complementing its hardware and software products, Fortinet provides threat intelligence and subscription services through FortiGuard Labs, centralized management and analytics tools such as FortiManager and FortiAnalyzer, professional services, and training and certification programs. Its business model combines product sales with recurring revenue from security subscriptions, support and managed services, and it leverages an extensive partner ecosystem to reach customers of different sizes and verticals.

Fortinet emphasizes integrated security, scalability and high performance to address increasingly distributed and cloud‑centric IT environments. The company positions its technologies for organizations seeking to consolidate security functions, improve operational visibility, and apply threat intelligence across on‑premises, hybrid and multi‑cloud infrastructures.

AI Generated. May Contain Errors.

Fortinet Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
66th Percentile Overall Score

FTNT MarketRank™: 

Fortinet scored higher than 66% of companies evaluated by MarketBeat, and ranked 282nd out of 595 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 2.26, and is based on 2 strong buy ratings, 11 buy ratings, 21 hold ratings, and 5 sell ratings.

  • Downside Risk

    Fortinet has a consensus price target of $150.91, representing about 6.8% downside from its current price of $161.95.

  • Amount of Analyst Coverage

    Fortinet has been the subject of 28 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 8.16% in the coming year, from $2.82 to $3.05 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Fortinet is 57.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 46.01.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fortinet is 57.02, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 79.78.

  • Price to Earnings Growth Ratio

    Fortinet has a PEG Ratio of 4.37. 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 76.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.40% 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 3.13, 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 3.75%, 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 0.89. 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 0.68 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 68 news articles for Fortinet this week, compared to 10 articles on an average week.
  • Search Interest

    40 people have searched for FTNT on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.
  • MarketBeat Follows

    22 people have added Fortinet to their MarketBeat watchlist in the last 30 days. This is an increase of 120% 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

Fortinet (NASDAQ:FTNT) Price Target Raised to $195.00
Trump’s $250 Bill – See Immediately
Former Goldman Sachs VP Dr. David Eifrig is warning that July 28 could trigger the biggest wealth reset in modern history - larger than Paul Tudor Jones' Black Monday bet and Michael Burry's $700 million Big Short. While most investors chase AI stocks, insiders including Ray Dalio and Tudor Jones have quietly repositioned. The last comparable shock sent certain stocks up 2,464%, 2,778%, and even 13,000% - turning a $10,000 stake into over $1.3 million. Dr. Eifrig has identified one stock at the center of this story and released a free broadcast to help investors act before the window closes.tc pixel
Fortinet: Securing the AI Revolution
Fortinet (NASDAQ:FTNT) Given New $185.00 Price Target at Citigroup
Data center server aisle with a digital globe and shield graphic symbolizing cybersecurity, alongside monitors displaying network data.
Cybersecurity Stocks Are Holding Up as the AI Trade Starts to Crack (FTNT)
As semiconductors and AI trade leaders sell off, cybersecurity stocks like CrowdStrike, Fortinet, and Palo Alto Networks hold near highs, hinting at a market rotation.
See More Headlines

FTNT Stock Analysis - Frequently Asked Questions

Fortinet's stock was trading at $79.41 at the start of the year. Since then, FTNT stock has increased by 103.9% and is now trading at $161.95.

Fortinet, Inc. (NASDAQ:FTNT) posted its quarterly earnings results on Wednesday, July, 29th. The software maker reported $0.90 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.15. The firm's quarterly revenue was up 25.6% 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 minted shares were payable 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 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 a price of $0.00-$12.50 per share.

Fortinet's top institutional shareholders 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
7/29/2026
Today
8/02/2026
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
$215.00
Low Price Target
$75.00
Potential Upside/Downside
-6.8%
Consensus Rating
Hold
Rating Score (0-4)
2.26
Research Coverage
39 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.84
Trailing P/E Ratio
57.02
Forward P/E Ratio
57.43
P/E Growth
4.37
Net Income
$1.85 billion
Net Margins
28.17%
Pretax Margin
34.84%
Return on Equity
191.54%
Return on Assets
21.35%

Debt

Debt-to-Equity Ratio
0.32
Current Ratio
1.28
Quick Ratio
1.07

Sales & Book Value

Annual Sales
$6.80 billion
Price / Sales
17.45
Cash Flow
$3.10 per share
Price / Cash Flow
52.28
Book Value
$2.12 per share
Price / Book
76.39

Miscellaneous

Outstanding Shares
732,650,000
Free Float
603,702,000
Market Cap
$118.65 billion
Optionable
Optionable
Beta
1.09

Social Links

Don't Wait for the OpenAI IPO Cover

The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.

Get This Free Report

This page (NASDAQ:FTNT) was last updated on 8/2/2026 by MarketBeat.com Staff.
From Our Partners