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NASDAQ:FTNT

Fortinet (FTNT) Stock Price, News & Analysis

Fortinet logo
$105.72 +2.61 (+2.53%)
As of 06/30/2025 04:00 PM Eastern

About Fortinet Stock (NASDAQ:FTNT)

Key Stats

Today's Range
$103.41
$105.96
50-Day Range
$94.37
$108.69
52-Week Range
$54.57
$114.82
Volume
4.09 million shs
Average Volume
4.86 million shs
Market Capitalization
$80.92 billion
P/E Ratio
43.51
Dividend Yield
N/A
Price Target
$105.62
Consensus Rating
Hold

Company Overview

Fortinet, founded in 2000 and headquartered in Sunnyvale, California, is a global leader in cybersecurity solutions designed to protect enterprises, service providers, and government organizations. The company’s flagship offering, the FortiGate Next-Generation Firewall, integrates multiple security and networking functions into a single high-performance appliance. Over the years, Fortinet has expanded its portfolio to include secure SD-WAN, wireless access points, and advanced threat protection, all unified under its Security Fabric architecture to deliver end-to-end visibility and automated threat response.

In addition to its firewall and networking hardware, Fortinet provides a broad suite of software and cloud-based services. These include FortiAnalyzer for security analytics and log management, FortiManager for centralized network and device management, and FortiSIEM for real-time security information and event management. The company also offers specialized solutions for endpoint security, email security, and web application firewalling, enabling organizations to defend against sophisticated attacks across multiple vectors.

Fortinet serves a diverse customer base across more than 150 countries, with a presence in North America, Europe, the Middle East, Africa, Asia Pacific, and Latin America. The company works closely with a global network of distributors, resellers, and managed security service providers to deliver tailored solutions for industries such as financial services, healthcare, education, retail, and telecommunications. Fortinet’s cloud security offerings extend its protections to public, private, and hybrid cloud environments, supporting major platforms like AWS, Microsoft Azure, and Google Cloud.

Under the leadership of co-founder and CEO Ken Xie, Fortinet has maintained a strong focus on research and development, employing thousands of engineers worldwide. The company’s ongoing investment in threat intelligence and security innovation has earned it industry recognition for performance, scalability, and the breadth of its integrated security fabric. With a commitment to delivering high-speed, consolidated security solutions, Fortinet aims to help organizations stay ahead of evolving cyber threats while simplifying their IT operations.

AI Generated. May Contain Errors.

Fortinet Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
84th Percentile Overall Score

FTNT MarketRank™: 

Fortinet scored higher than 84% of companies evaluated by MarketBeat, and ranked 138th out of 665 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 2.41, and is based on 11 buy ratings, 20 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Fortinet has been the subject of 15 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 13.88% in the coming year, from $2.09 to $2.38 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Fortinet is 43.51, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.88.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fortinet is 43.51, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 35.84.

  • Price to Earnings Growth Ratio

    Fortinet has a PEG Ratio of 3.56. 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 54.22. 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

    2.78% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Fortinet has recently increased by 18.47%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Fortinet does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    2.78% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Fortinet has recently increased by 18.47%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Fortinet has a news sentiment score of 1.31. 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 0.81 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 31 news articles for Fortinet this week, compared to 29 articles on an average week.
  • Search Interest

    Only 47 people have searched for FTNT on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
  • MarketBeat Follows

    Only 13 people have added Fortinet to their MarketBeat watchlist in the last 30 days. This is a decrease of -62% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Fortinet insiders have sold 49,140.54% more of their company's stock than they have bought. Specifically, they have bought $34,914.00 in company stock and sold $17,191,843.00 in company stock.

  • Percentage Held by Insiders

    18.00% 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

The #1 AI Energy Stock
Nearly $600 billion is projected to be spent on AI data centers this year. That's because the ones being built now will dwarf everything that came before them. Thanks to AI's ravenous hunger for power … They are beginning to morph into sprawling behemoths.
Contrasting Fortinet (NASDAQ:FTNT) and CyberArk Software (NASDAQ:CYBR)
Wall Street Zen Downgrades Fortinet (NASDAQ:FTNT) to Hold
J.P. Morgan Sticks to Its Hold Rating for Fortinet (FTNT)
See More Headlines

FTNT Stock Analysis - Frequently Asked Questions

Fortinet's stock was trading at $94.48 at the start of the year. Since then, FTNT shares have increased by 11.9% and is now trading at $105.72.
View the best growth stocks for 2025 here
.

Fortinet, Inc. (NASDAQ:FTNT) released its quarterly earnings data on Wednesday, May, 7th. The software maker reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.05. The business's quarterly revenue was up 13.8% compared to the same quarter last year.
Read the conference call transcript
.

Fortinet's stock split on the morning of Thursday, June 23rd 2022.The 5-1 split was announced on Thursday, June 9th 2022. The newly issued 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.

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
5/07/2025
Today
6/30/2025
Next Earnings (Estimated)
8/05/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Security
Sub-Industry
Systems Software
Current Symbol
NASDAQ:FTNT
Employees
12,600
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$105.62
High Stock Price Target
$135.00
Low Stock Price Target
$78.00
Potential Upside/Downside
-0.1%
Consensus Rating
Hold
Rating Score (0-4)
2.41
Research Coverage
34 Analysts

Profitability

Trailing P/E Ratio
43.51
Forward P/E Ratio
50.58
P/E Growth
3.56
Net Income
$1.75 billion
Pretax Margin
36.35%

Debt

Sales & Book Value

Annual Sales
$5.96 billion
Cash Flow
$2.65 per share
Price / Cash Flow
39.82
Book Value
$1.95 per share
Price / Book
54.22

Miscellaneous

Free Float
627,641,000
Market Cap
$80.92 billion
Optionable
Optionable
Beta
1.07

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This page (NASDAQ:FTNT) was last updated on 7/1/2025 by MarketBeat.com Staff
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