Logo image of FTNT

FORTINET INC (FTNT) Stock Price, Quote, News and Overview

NASDAQ:FTNT - Nasdaq - US34959E1091 - Common Stock - Currency: USD

113.2  -1.01 (-0.88%)

FTNT Quote, Performance and Key Statistics

FORTINET INC

NASDAQ:FTNT (2/21/2025, 11:20:07 AM)

113.2

-1.01 (-0.88%)

Sector
GICS SectorInformation Technology
GICS IndustrySoftware
GICS IndustryGroupSoftware & Services
GICS SubIndustrySystems Software
Statistics
52 Week High114.82
52 Week Low54.57
Market Cap86.76B
Shares766.45M
Float632.35M
Yearly DividendN/A
Dividend YieldN/A
PE47.76
Fwd PE44.85
Earnings (Next)04-30 2025-04-30/amc
IPO11-18 2009-11-18


FTNT short term performance overview.The bars show the price performance of FTNT in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 10 20 30 40 50

FTNT long term performance overview.The bars show the price performance of FTNT in the last 1, 2 and 3 years. 1 year 2 years 3 years 20 40 60 80

The current stock price of FTNT is 113.2 USD. In the past month the price increased by 16.26%. In the past year, price increased by 68.85%.

FORTINET INC / FTNT Daily stock chart

FTNT Competitors/Peers

The largest stocks on the US markets in the "Systems Software" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
MSFT MICROSOFT CORP 33.35 3079.15B
ORCL ORACLE CORP 29.33 484.00B
NOW SERVICENOW INC 68.69 197.10B
PANW PALO ALTO NETWORKS INC 65.17 128.73B
CRWD CROWDSTRIKE HOLDINGS INC - A 110.28 104.58B
ZS ZSCALER INC 62.15 31.37B
CHKP CHECK POINT SOFTWARE TECH 23.84 24.02B
CYBR CYBERARK SOFTWARE LTD/ISRAEL 129.8 19.38B
GEN GEN DIGITAL INC 12.64 16.83B
MNDY MONDAY.COM LTD 89.83 15.61B
GTLB GITLAB INC-CL A 118.71 10.79B
CVLT COMMVAULT SYSTEMS INC 53.19 7.98B

About FTNT

Company Profile

FTNT logo image Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers, government organizations, and small to medium-sized businesses. The company is headquartered in Sunnyvale, California and currently employs 13,986 full-time employees. The company went IPO on 2009-11-18. The company offers solutions to enterprises, such as in the financial services, retail and operational technology market verticals, communication and security service providers, government organizations and small and medium-sized businesses. Its Secure Networking solutions focuses on the convergence of networking and security via its network firewall and its switches, access points and other secure connectivity solutions. Its Unified SASE solution is a single-vendor SASE solution that includes Firewall, SD-WAN, Secure Web Gateway, Cloud Access Services Broker, and Data Loss Prevention, Zero Trust Network Access and cloud security. Its Security Operations solutions are delivered as a platform that automates detection and response to accelerate discovery and remediation.

Company Info

FORTINET INC

909 Kifer Road

Sunnyvale CALIFORNIA 94086 US

CEO: Ken Xie

Employees: 13527

Company Website: https://www.fortinet.com/

Investor Relations: https://investor.fortinet.com/

Phone: 14082357700

FORTINET INC / FTNT FAQ

What is the stock price of FORTINET INC today?

The current stock price of FTNT is 113.2 USD. The price decreased by -0.88% in the last trading session.


What is the ticker symbol for FORTINET INC stock?

The exchange symbol of FORTINET INC is FTNT and it is listed on the Nasdaq exchange.


On which exchange is FTNT stock listed?

FTNT stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for FORTINET INC stock?

48 analysts have analysed FTNT and the average price target is 100.82 USD. This implies a price decrease of -10.94% is expected in the next year compared to the current price of 113.2. Check the FORTINET INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is FORTINET INC worth?

FORTINET INC (FTNT) has a market capitalization of 86.76B USD. This makes FTNT a Large Cap stock.


How many employees does FORTINET INC have?

FORTINET INC (FTNT) currently has 13527 employees.


What are the support and resistance levels for FORTINET INC (FTNT) stock?

FORTINET INC (FTNT) has a support level at 102.09. Check the full technical report for a detailed analysis of FTNT support and resistance levels.


Is FORTINET INC (FTNT) expected to grow?

The Revenue of FORTINET INC (FTNT) is expected to grow by 12.58% in the next year. Check the estimates tab for more information on the FTNT EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy FORTINET INC (FTNT) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does FORTINET INC (FTNT) stock pay dividends?

FTNT does not pay a dividend.


When does FORTINET INC (FTNT) report earnings?

FORTINET INC (FTNT) will report earnings on 2025-04-30, after the market close.


What is the Price/Earnings (PE) ratio of FORTINET INC (FTNT)?

The PE ratio for FORTINET INC (FTNT) is 47.76. This is based on the reported non-GAAP earnings per share of 2.37 and the current share price of 113.2 USD. Check the full fundamental report for a full analysis of the valuation metrics for FTNT.


What is the Short Interest ratio of FORTINET INC (FTNT) stock?

The outstanding short interest for FORTINET INC (FTNT) is 2.4% of its float. Check the ownership tab for more information on the FTNT short interest.


FTNT Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to FTNT. When comparing the yearly performance of all stocks, FTNT is one of the better performing stocks in the market, outperforming 93.09% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

FTNT Fundamental Analysis

ChartMill assigns a fundamental rating of 7 / 10 to FTNT. Both the health and profitability get an excellent rating, making FTNT a very profitable company, without any liquidiy or solvency issues.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

FTNT Financial Highlights

Over the last trailing twelve months FTNT reported a non-GAAP Earnings per Share(EPS) of 2.37. The EPS increased by 44.51% compared to the year before.


Industry RankSector Rank
PM (TTM) 29.3%
ROA 17.88%
ROE 116.83%
Debt/Equity 0.67
Chartmill High Growth Momentum
EPS Q2Q%45.1%
Sales Q2Q%17.31%
EPS 1Y (TTM)44.51%
Revenue 1Y (TTM)12.27%

FTNT Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 71% to FTNT. The Buy consensus is the average rating of analysts ratings from 48 analysts.

For the next year, analysts expect an EPS growth of 6.49% and a revenue growth 12.58% for FTNT


Ownership
Inst Owners70.59%
Ins Owners17.47%
Short Float %2.4%
Short Ratio3.55
Analysts
Analysts71.25
Price Target100.82 (-10.94%)
EPS Next Y6.49%
Revenue Next Year12.58%