NASDAQ:FTNT

Fortinet (FTNT) Stock Price, News & Analysis

Fortinet logo
$152.13 +2.20 (+1.47%)
As of 03:54 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Fortinet Stock (NASDAQ:FTNT)

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Key Stats

Today's Range
$147.55
$152.25
50-Day Range
$79.64
$149.93
52-Week Range
$70.12
$152.25
Volume
3.35 million shs
Average Volume
6.58 million shs
Market Capitalization
$111.46 billion
P/E Ratio
58.74
Dividend Yield
N/A
Price Target
$107.77
Consensus Rating
Hold

Company Overview

Fortinet Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
59th Percentile Overall Score

FTNT MarketRank™: 

Fortinet scored higher than 59% of companies evaluated by MarketBeat, and ranked 374th out of 624 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 2.11, and is based on 1 strong buy rating, 6 buy ratings, 25 hold ratings, and 4 sell ratings.

  • Downside Risk

    Fortinet has a consensus price target of $107.77, representing about 28.7% downside from its current price of $151.08.

  • 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 58.24, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 40.11.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fortinet is 58.24, 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 79.33.

  • Price to Earnings Growth Ratio

    Fortinet has a PEG Ratio of 3.98. 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 91.01. 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

    3.11% 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 2.89, 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 11.48%, 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.

  • News Sentiment

    Fortinet has a news sentiment score of 1.12. 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 0.74 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 32 news articles for Fortinet this week, compared to 11 articles on an average week.
  • Search Interest

    Only 37 people have searched for FTNT on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.
  • MarketBeat Follows

    25 people have added Fortinet to their MarketBeat watchlist in the last 30 days. This is an increase of 400% 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.
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FTNT Stock News Headlines

Fortinet Closes Acquisition of Meru Networks
2,000 missiles didn't hit Iran. They hit China.
Iran sold 90% of its oil to China. Venezuela secretly shipped 80% of its exports to the same buyer. Within 60 days, America cut both supply lines - starving China's AI power grid of the cheap, endless fuel it needs to compete. Now all that energy flows through a single American chokepoint: one company, 140,000 miles of steel, and no competition. Dylan Jovine has identified the stock at the center of this strategy, along with three ascending price targets.tc pixel
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.
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 at the beginning of 2026. Since then, FTNT stock has increased by 90.6% and is now trading at $151.3390.

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

Shares of Fortinet split before market open on Thursday, June 23rd 2022.The 5-1 split was announced on Thursday, June 9th 2022. The newly issued 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.

The following companies are subsidiaries of Fortinet: 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
6/26/2026
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
-28.9%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
36 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.59
Trailing P/E Ratio
58.56
Forward P/E Ratio
54.56
P/E Growth
3.98
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
16.34
Cash Flow
$3.23 per share
Price / Cash Flow
46.90
Book Value
$1.66 per share
Price / Book
91.36

Miscellaneous

Outstanding Shares
732,650,000
Free Float
603,702,000
Market Cap
$111.12 billion
Optionable
Optionable
Beta
1.11

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This page (NASDAQ:FTNT) was last updated on 6/26/2026 by MarketBeat.com Staff.
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