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Fortinet (FTNT) Stock Price, News & Analysis

Fortinet logo
$86.19 -0.27 (-0.31%)
Closing price 04:00 PM Eastern
Extended Trading
$85.98 -0.20 (-0.24%)
As of 04:24 PM Eastern
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About Fortinet Stock (NASDAQ:FTNT)

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Key Stats

Today's Range
$84.15
$86.52
50-Day Range
$74.39
$99.90
52-Week Range
$70.12
$114.82
Volume
3.92 million shs
Average Volume
5.63 million shs
Market Capitalization
$66.04 billion
P/E Ratio
34.34
Dividend Yield
N/A
Price Target
$97.03
Consensus Rating
Hold

Company Overview

Fortinet Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
94th Percentile Overall Score

FTNT MarketRank™: 

Fortinet scored higher than 94% of companies evaluated by MarketBeat, and ranked 64th out of 660 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 2.26, and is based on 8 buy ratings, 26 hold ratings, and 2 sell ratings.

  • Upside Potential

    Fortinet has a consensus price target of $97.03, representing about 12.6% upside from its current price of $86.15.

  • Amount of Analyst Coverage

    Fortinet has been the subject of 22 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 34.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 233.85.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fortinet is 34.33, 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 495.30.

  • Price to Earnings Growth Ratio

    Fortinet has a PEG Ratio of 3.20. 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 44.18. 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

    2.54% of the outstanding shares of Fortinet have been sold short.
  • Short Interest Ratio / Days to Cover

    Fortinet has a short interest ratio ("days to cover") of 2.7, 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 4.71%, 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.

  • Percentage of Shares Shorted

    2.54% of the outstanding shares of Fortinet have been sold short.
  • Short Interest Ratio / Days to Cover

    Fortinet has a short interest ratio ("days to cover") of 2.7, 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 4.71%, indicating that investor sentiment is improving.
  • News Sentiment

    Fortinet has a news sentiment score of 0.78. 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 0.66 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 54 news articles for Fortinet this week, compared to 53 articles on an average week.
  • Search Interest

    Only 96 people have searched for FTNT on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.
  • MarketBeat Follows

    40 people have added Fortinet to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 $62,542,875.00 in company stock.

  • Percentage Held by Insiders

    17.20% 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

Secure connection or cybersecurity service concept of compute motherboard and safety lock with login. Close-up. — Photo
3 Cybersecurity Stocks Poised for Long-Term Growth
CrowdStrike, Palo Alto, and Fortinet are top cybersecurity stocks, but CrowdStrike’s cloud-native edge makes it the best long-term growth pick...
buy button key on keyboard
Downgraded But Not Done: 3 Stocks Ready for a Market Comeback (FTNT)
Analysts reset their price outlook for these three stocks, opening a buying opportunity for investors. AI drives them, and the pathway for growth is long.
URGENT: The Market's 3 Red Flags Are Flashing
The warning signs that preceded the 2008 crash are reappearing: an irrational NASDAQ bubble, a record-high gold price (signaling fear), and escalating geopolitical risk. A sharp correction might happen tomorrow, and most investors will be caught off guard. Your portfolio is currently exposed.tc pixel
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 stock has decreased by 8.8% and is now trading at $86.1450.

Fortinet, Inc. (NASDAQ:FTNT) announced its quarterly earnings data on Wednesday, August, 6th. The software maker reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. The business's quarterly revenue was up 13.6% compared to the same quarter last year.
Read the conference call transcript
.

Fortinet shares 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 payable 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.

The following companies are subsidiaries of Fortinet: Sken.ai, ShieldX Networks, Panopta, OPAQ Networks, CyberSponse, enSilo, ZoneFox, and more.

Fortinet's top institutional shareholders include Voya Investment Management LLC (0.21%), Woodstock Corp (0.03%), Czech National Bank (0.02%) and LVM Capital Management Ltd. MI (0.01%). Insiders that own company stock include Ken Xie, Michael Xie, William H Neukom, Patrice Perche, Kenneth A Goldman, John Whittle 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
8/06/2025
Today
10/09/2025
Next Earnings (Estimated)
11/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Security
Sub-Industry
Systems Software
Current Symbol
NASDAQ:FTNT
CIK
1262039
Employees
14,138
Year Founded
2000

Price Target and Rating

High Price Target
$135.00
Low Price Target
$67.00
Potential Upside/Downside
+12.2%
Consensus Rating
Hold
Rating Score (0-4)
2.26
Research Coverage
38 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.51
Trailing P/E Ratio
34.41
Forward P/E Ratio
41.40
P/E Growth
3.2
Net Income
$1.75 billion
Net Margins
30.60%
Pretax Margin
36.00%
Return on Equity
111.46%
Return on Assets
18.06%

Debt

Debt-to-Equity Ratio
0.24
Current Ratio
1.33
Quick Ratio
1.24

Sales & Book Value

Annual Sales
$5.96 billion
Price / Sales
11.13
Cash Flow
$2.64 per share
Price / Cash Flow
32.80
Book Value
$1.95 per share
Price / Book
44.37

Miscellaneous

Outstanding Shares
766,270,000
Free Float
634,468,000
Market Cap
$66.30 billion
Optionable
Optionable
Beta
1.09

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This page (NASDAQ:FTNT) was last updated on 10/9/2025 by MarketBeat.com Staff
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