Fortinet Inc (FTNT)

NASDAQ
Currency in USD
99.85
-0.97(-0.96%)
Closed·
After Hours
99.850.00(0.00%)
·
FTNT Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
FTNT is included in our AI-picked strategies. See how they work
Fair Value
Day's Range
98.86101.99
52 wk Range
54.57114.82
Key Statistics
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Prev. Close
100.82
Open
101.32
Day's Range
98.86-101.99
52 wk Range
54.57-114.82
Volume
6.94M
Average Volume (3m)
5.11M
1-Year Change
70.51%
Book Value / Share
2.55
Fair Value
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Fair Value Upside
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FTNT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
108.38
Upside
+8.55%
Members' Sentiments
Bearish
Bullish
ProTips
Impressive gross profit margins

Fortinet Inc News & Analysis

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Fortinet Inc Company Profile

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers secure networking solutions that focus on the convergence of networking and security; network firewall solutions, which consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless local area network (LAN) solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless LAN access points, and FortiExtender 5G connectivity gateways. It also provides the Fortinet Unified Secure Access Service Edge (SASE) solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. In addition the company offers artificial intelligence-driven security operation solutions, which provides a suite of cybersecurity solutions that identify, protect, detect, respond, and recover from threats, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon that helps organizations ensuring attackers face multiple layers of detection and mitigation across endpoints, networks, and applications. Further, it offers FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training and certification programs, as well as operates FortiGuard Lab, a cybersecurity threat intelligence and research organization. The company serves large enterprises, communication service providers, government organizations, and small to medium-sized enterprises. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Employees
14556

Fortinet Inc SWOT Analysis


Cybersecurity Leade
Fortinet's robust financial performance and strategic focus on SASE and SecOps position it as a formidable player in the evolving cybersecurity landscape
Market Dynamics
Explore Fortinet's navigation of competitive pressures and market shifts, balancing hardware legacy with cloud-native security solutions
Growth Catalysts
Delve into Fortinet's anticipated hardware refresh cycle and its potential to drive significant revenue growth, with analyst projections of $400-450 million
Analyst Perspectives
Price targets range from $85 to $135, reflecting varied views on Fortinet's growth potential and market positioning in a rapidly changing industry
Read full SWOT analysis

Fortinet Inc Earnings Call Summary for Q1/2025

  • Fortinet Q1 2025 EPS of $0.58 beat $0.53 forecast; revenue met expectations at $1.54B, up 14% YoY
  • Stock dropped 11.97% to $93.95 in aftermarket trading despite strong earnings, possibly due to growth concerns
  • Record operating margin of 34.2% and free cash flow of $783M highlight financial strength
  • Full-year revenue guidance of $6.65B-$6.85B, expecting strong H2 2025 driven by firewall upgrade cycle
  • Company aims to achieve 'Rule of 45' for sixth consecutive year, maintaining cybersecurity market leadership
Last Updated: 07/05/2025, 22:48
Read Full Transcript

Compare FTNT to Peers and Sector

Metrics to compare
FTNT
Peers
Sector
Relationship
P/E Ratio
40.7x−13.5x11.3x
PEG Ratio
0.700.410.01
Price/Book
38.9x15.1x2.4x
Price / LTM Sales
12.4x15.5x2.0x
Upside (Analyst Target)
8.2%7.4%24.4%
Fair Value Upside
Unlock−10.9%8.2%Unlock

Analyst Ratings

16 Buy
28 Hold
2 Sell
Ratings:
46 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 108.38
(+8.55% Upside)

Earnings

Latest Release
May 07, 2025
EPS / Forecast
0.58 / 0.53
Revenue / Forecast
1.54B / 1.54B
EPS Revisions
Last 90 days

FTNT Income Statement

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FAQ

What Stock Exchange Does Fortinet Trade On?

Fortinet is listed and trades on the Nasdaq Stock Exchange stock exchange.

What Is the Stock Symbol for Fortinet?

The stock symbol for Fortinet is "FTNT."

What Is the Fortinet Market Cap?

As of today, Fortinet market cap is 76.43B.

What Is Fortinet's Earnings Per Share (TTM)?

The Fortinet EPS (TTM) is 2.45.

When Is the Next Fortinet Earnings Date?

Fortinet will release its next earnings report on 05 Aug 2025.

From a Technical Analysis Perspective, Is FTNT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Fortinet Stock Split?

Fortinet has split 2 times.

How Many Employees Does Fortinet Have?

Fortinet has 14556 employees.

What is the current trading status of Fortinet (FTNT)?

As of 22 Jun 2025, Fortinet (FTNT) is trading at a price of 99.85, with a previous close of 100.82. The stock has fluctuated within a day range of 98.86 to 101.99, while its 52-week range spans from 54.57 to 114.82.

What Is Fortinet (FTNT) Price Target According to Analysts?

The average 12-month price target for Fortinet is USD108.38342, with a high estimate of USD135 and a low estimate of USD83. 16 analysts recommend buying the stock, while 2 suggest selling, leading to an overall rating of Neutral. The stock has an +8.55% Upside potential.
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