FTNT
Fortinet, Inc. NASDAQ Listed Nov 18, 2009$144.73
After hrs
$144.90
+0.12%
Mkt Cap $108.3B
52w Low $74.39
93.4% of range
52w High $149.67
50d MA $114.05
200d MA $89.90
P/E (TTM)
59.6x
EV/EBITDA
42.7x
P/B
86.9x
Debt/Equity
0.8x
ROE
149.8%
P/FCF
48.6x
RSI (14)
57.50
ATR (14)
$6.14
Beta
1.00
50d MA
$114.05
200d MA
$89.90
Avg Volume
7.2M
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
899 Kifer Road · Sunnyvale, CA 94086 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 6, 2026 | AMC | 0.62 | 0.82 | +32.5% | 89.95 | +17.0% | +20.0% | +5.6% | +1.2% | -1.4% | +3.4% | — |
| Feb 5, 2026 | AMC | 0.74 | 0.81 | +9.0% | 78.93 | +3.6% | +4.9% | +3.8% | -0.5% | +2.7% | -4.1% | — |
| Nov 5, 2025 | AMC | 0.63 | 0.74 | +17.3% | 85.99 | -11.6% | -6.3% | +1.6% | +0.6% | +1.7% | -1.8% | — |
| Aug 6, 2025 | AMC | 0.59 | 0.64 | +8.5% | 96.58 | -23.1% | -22.0% | -1.2% | +0.2% | +5.2% | +1.1% | — |
| May 7, 2025 | AMC | 0.53 | 0.58 | +9.2% | 106.72 | -8.5% | -8.4% | -0.3% | +4.7% | +2.9% | -1.7% | — |
| Feb 6, 2025 | AMC | 0.60 | 0.74 | +23.3% | 104.72 | +4.6% | +2.8% | +1.8% | -1.1% | -0.6% | +2.1% | — |
| Nov 7, 2024 | AMC | 0.52 | 0.63 | +21.2% | 83.68 | +1.0% | +10.0% | +5.6% | +2.0% | -1.3% | -3.5% | — |
| Aug 6, 2024 | AMC | 0.41 | 0.57 | +39.0% | 55.81 | +17.7% | +25.3% | -1.8% | +1.5% | +1.0% | +1.6% | — |
| May 2, 2024 | AMC | 0.38 | 0.43 | +13.2% | 65.20 | -5.1% | -9.7% | -0.1% | +1.1% | +0.3% | -2.5% | — |
| Feb 6, 2024 | AMC | 0.43 | 0.51 | +18.6% | 67.48 | +9.4% | +3.8% | -3.1% | +3.8% | -0.3% | -1.2% | — |
| Nov 2, 2023 | AMC | 0.36 | 0.41 | +13.9% | 57.59 | -22.7% | -12.3% | -0.8% | -1.2% | +1.5% | -1.1% | — |
| Aug 3, 2023 | AMC | 0.34 | 0.38 | +11.8% | 75.76 | -20.2% | -25.1% | +1.6% | +1.5% | +2.1% | +1.3% | — |
| May 4, 2023 | AMC | 0.29 | 0.34 | +17.2% | 61.18 | -0.7% | +5.6% | +2.3% | +0.5% | +0.9% | +0.7% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 19 | DZ Bank | Downgrade | Buy → Hold | $125 | $126.50 | $127.81 | +1.0% | +0.9% | +1.8% | -0.4% | +3.5% | +0.0% |
| May 7 | BMO Capital Markets | Reiterates | Market Perform | $117 | $89.95 | $105.26 | +17.0% | +20.0% | +5.6% | +1.2% | -1.4% | +3.4% |
| May 7 | BTIG Research | Upgrade | Neutral → Buy | $125 | $89.95 | $105.26 | +17.0% | +20.0% | +5.6% | +1.2% | -1.4% | +3.4% |
| May 4 | BMO Capital Markets | Reiterates | Market Perform | $100 | $86.29 | $86.51 | +0.3% | +3.4% | +0.8% | +0.0% | +20.0% | +5.6% |
| Apr 27 | Arete | Upgrade | Neutral → Buy | $104 | $84.34 | $84.10 | -0.3% | +1.6% | +0.1% | +0.5% | -2.1% | +2.3% |
| Apr 21 | Cantor Fitzgerald | Maintains | Neutral → Neutral | — | $82.60 | $82.23 | -0.4% | +3.2% | +2.1% | -5.0% | +1.9% | +1.6% |
| Apr 14 | Mizuho | Maintains | Underperform → Underperform | — | $78.74 | $79.06 | +0.4% | -0.1% | +1.2% | +3.5% | -0.7% | +0.9% |
| Feb 17 | Freedom Broker | Downgrade | Buy → Hold | — | $85.56 | $85.17 | -0.5% | -4.5% | -1.2% | +1.2% | -2.0% | -5.5% |
| Feb 9 | BMO Capital | Maintains | Market Perform → Market Perform | — | $82.76 | $82.27 | -0.6% | +3.8% | -0.5% | +2.7% | -4.1% | +1.5% |
| Feb 9 | Citigroup | Maintains | Neutral → Neutral | — | $82.76 | $82.27 | -0.6% | +3.8% | -0.5% | +2.7% | -4.1% | +1.5% |
| Feb 6 | Rosenblatt | Maintains | Buy → Buy | — | $78.93 | $81.80 | +3.6% | +4.9% | +3.8% | -0.5% | +2.7% | -4.1% |
| Feb 6 | RBC Capital | Maintains | Sector Perform → Sector Perform | — | $78.93 | $81.80 | +3.6% | +4.9% | +3.8% | -0.5% | +2.7% | -4.1% |
| Feb 6 | Wedbush | Maintains | Outperform → Outperform | — | $78.93 | $81.80 | +3.6% | +4.9% | +3.8% | -0.5% | +2.7% | -4.1% |
| Feb 6 | Mizuho | Maintains | Underperform → Underperform | — | $78.93 | $81.80 | +3.6% | +4.9% | +3.8% | -0.5% | +2.7% | -4.1% |
| Feb 6 | JP Morgan | Maintains | Underweight → Underweight | — | $78.93 | $81.80 | +3.6% | +4.9% | +3.8% | -0.5% | +2.7% | -4.1% |
| Feb 2 | Scotiabank | Downgrade | Sector Outperform → Sector Perform | — | $81.26 | $80.86 | -0.5% | +0.0% | -2.4% | +2.3% | -2.7% | +4.9% |
| Jan 30 | JP Morgan | Maintains | Underweight → Underweight | — | $81.51 | $80.64 | -1.1% | -0.3% | +0.0% | -2.4% | +2.3% | -2.7% |
| Jan 29 | Rosenblatt | Upgrade | Neutral → Buy | — | $82.08 | $81.50 | -0.7% | -0.7% | -0.3% | +0.0% | -2.4% | +2.3% |
| Jan 23 | TD Cowen | Upgrade | Hold → Buy | — | $77.62 | $83.50 | +7.6% | +5.2% | +1.8% | -1.6% | +0.5% | -0.7% |
| Jan 13 | Citigroup | Maintains | Neutral → Neutral | — | $78.66 | $78.70 | +0.1% | -0.4% | -2.5% | -0.1% | -1.2% | +0.1% |
| Jan 5 | Piper Sandler | Maintains | Neutral → Neutral | — | $77.88 | $78.51 | +0.8% | +0.1% | +0.6% | +2.0% | -2.5% | +1.5% |
| Dec 18 | Morgan Stanley | Maintains | Underweight → Underweight | — | $79.38 | $80.54 | +1.5% | +0.5% | +0.6% | +1.9% | -1.3% | +0.6% |
| Dec 17 | JP Morgan | Downgrade | Neutral → Underweight | — | $82.47 | $80.09 | -2.9% | -3.7% | +0.5% | +0.6% | +1.9% | -1.3% |
| Nov 14 | Freedom Broker | Maintains | Buy → Buy | — | $81.03 | $80.14 | -1.1% | +1.6% | -0.4% | -2.2% | -0.5% | -2.1% |
| Nov 6 | TD Cowen | Maintains | Hold → Hold | — | $85.99 | $76.05 | -11.6% | -6.3% | +1.6% | +0.6% | +1.7% | -1.8% |
| Nov 6 | UBS | Maintains | Neutral → Neutral | — | $85.99 | $76.05 | -11.6% | -6.3% | +1.6% | +0.6% | +1.7% | -1.8% |
| Nov 6 | RBC Capital | Maintains | Sector Perform → Sector Perform | — | $85.99 | $76.05 | -11.6% | -6.3% | +1.6% | +0.6% | +1.7% | -1.8% |
| Nov 6 | Mizuho | Maintains | Underperform → Underperform | — | $85.99 | $76.05 | -11.6% | -6.3% | +1.6% | +0.6% | +1.7% | -1.8% |
| Nov 6 | Jefferies | Maintains | Hold → Hold | — | $85.99 | $76.05 | -11.6% | -6.3% | +1.6% | +0.6% | +1.7% | -1.8% |
| Nov 6 | JP Morgan | Maintains | Neutral → Neutral | — | $85.99 | $76.05 | -11.6% | -6.3% | +1.6% | +0.6% | +1.7% | -1.8% |
| Nov 6 | Rosenblatt | Maintains | Neutral → Neutral | — | $85.99 | $76.05 | -11.6% | -6.3% | +1.6% | +0.6% | +1.7% | -1.8% |
| Nov 6 | Barclays | Maintains | Equal Weight → Equal Weight | — | $85.99 | $76.05 | -11.6% | -6.3% | +1.6% | +0.6% | +1.7% | -1.8% |
| Nov 6 | Piper Sandler | Maintains | Neutral → Neutral | — | $85.99 | $76.05 | -11.6% | -6.3% | +1.6% | +0.6% | +1.7% | -1.8% |
| Nov 6 | Baird | Maintains | Neutral → Neutral | — | $85.99 | $76.05 | -11.6% | -6.3% | +1.6% | +0.6% | +1.7% | -1.8% |
| Oct 20 | BWG Global | Downgrade | Positive → Mixed | — | $83.44 | $83.05 | -0.5% | +1.7% | -0.1% | -0.1% | +0.3% | +0.7% |
| Sep 2 | Morgan Stanley | Downgrade | Equal Weight → Underweight | — | $78.77 | $75.24 | -4.5% | -2.3% | -0.5% | -0.2% | +3.1% | +1.9% |
| Aug 18 | Citigroup | Maintains | Neutral → Neutral | — | $79.11 | $79.57 | +0.6% | +2.1% | -3.3% | +1.9% | -2.3% | +2.9% |
| Aug 11 | Susquehanna | Maintains | Neutral → Neutral | — | $74.39 | $74.02 | -0.5% | +0.2% | +5.2% | +1.1% | -2.6% | +2.4% |
| Aug 8 | Evercore ISI | Maintains | In Line → In Line | — | $75.30 | $76.11 | +1.1% | -1.2% | +0.2% | +5.2% | +1.1% | -2.6% |
| Aug 7 | Rosenblatt | Downgrade | Buy → Neutral | — | $96.58 | $74.30 | -23.1% | -22.0% | -1.2% | +0.2% | +5.2% | +1.1% |
| Aug 7 | Piper Sandler | Downgrade | Overweight → Neutral | — | $96.58 | $74.30 | -23.1% | -22.0% | -1.2% | +0.2% | +5.2% | +1.1% |
| Aug 7 | Stifel | Maintains | Hold → Hold | — | $96.58 | $74.30 | -23.1% | -22.0% | -1.2% | +0.2% | +5.2% | +1.1% |
| Aug 7 | Scotiabank | Maintains | Sector Outperform → Sector Outperform | — | $96.58 | $74.30 | -23.1% | -22.0% | -1.2% | +0.2% | +5.2% | +1.1% |
| Aug 7 | KeyBanc Capital Markets | Downgrade | Overweight → Sector Weight | — | $96.58 | $74.30 | -23.1% | -22.0% | -1.2% | +0.2% | +5.2% | +1.1% |
| Aug 7 | Barclays | Maintains | Equal Weight → Equal Weight | — | $96.58 | $74.30 | -23.1% | -22.0% | -1.2% | +0.2% | +5.2% | +1.1% |
| Aug 7 | Mizuho | Maintains | Underperform → Underperform | — | $96.58 | $74.30 | -23.1% | -22.0% | -1.2% | +0.2% | +5.2% | +1.1% |
| Aug 7 | Morgan Stanley | Downgrade | Overweight → Equal Weight | — | $96.58 | $74.30 | -23.1% | -22.0% | -1.2% | +0.2% | +5.2% | +1.1% |
| Aug 7 | JP Morgan | Maintains | Neutral → Neutral | — | $96.58 | $74.30 | -23.1% | -22.0% | -1.2% | +0.2% | +5.2% | +1.1% |
| Aug 7 | BMO Capital | Maintains | Market Perform → Market Perform | — | $96.58 | $74.30 | -23.1% | -22.0% | -1.2% | +0.2% | +5.2% | +1.1% |
| Aug 7 | RBC Capital | Maintains | Sector Perform → Sector Perform | — | $96.58 | $74.30 | -23.1% | -22.0% | -1.2% | +0.2% | +5.2% | +1.1% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| Jun 3, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | 132 | $148.30 | $20K | 9,923,610 | +2.18% | +0.35% |
| Jun 3, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | 564 | $147.71 | $83K | 9,923,742 | +2.18% | +0.35% |
| Jun 3, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | 2,337 | $146.55 | $342K | 9,924,306 | +2.18% | +0.35% |
| Jun 3, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | 410 | $145.72 | $60K | 9,926,643 | +2.18% | +0.35% |
| Jun 3, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | 464 | $144.46 | $67K | 9,927,053 | +2.18% | +0.35% |
| Jun 2, 2026 | Xie Ken | PRESIDENT & CEO | Sell | 8,627 | $148.94 | $1.3M | 52,972,372 | +2.18% | +0.35% |
| Jun 2, 2026 | Xie Ken | PRESIDENT & CEO | Sell | 18,492 | $148.24 | $2.7M | 52,980,999 | +2.18% | +0.35% |
| Jun 2, 2026 | Xie Ken | PRESIDENT & CEO | Sell | 13,790 | $147.37 | $2.0M | 52,999,491 | +2.18% | +0.35% |
| Jun 2, 2026 | Xie Ken | PRESIDENT & CEO | Sell | 37,540 | $146.36 | $5.5M | 53,013,281 | +2.18% | +0.35% |
| Jun 2, 2026 | Xie Ken | PRESIDENT & CEO | Sell | 12,821 | $145.04 | $1.9M | 53,050,821 | +2.18% | +0.35% |
| Jun 2, 2026 | Xie Ken | PRESIDENT & CEO | Sell | 39,854 | $144.29 | $5.8M | 53,063,642 | +2.18% | +0.35% |
| Jun 2, 2026 | Xie Ken | PRESIDENT & CEO | Sell | 19,867 | $143.43 | $2.8M | 53,103,496 | +2.18% | +0.35% |
| Jun 2, 2026 | Xie Ken | PRESIDENT & CEO | Sell | 9,641 | $142.37 | $1.4M | 53,123,363 | +2.18% | +0.35% |
| May 20, 2026 | Ohlgart Christiane | Chief Financial Officer | Sell | 238 | $130.00 | $31K | 8,824 | -0.42% | +1.38% |
| May 11, 2026 | Ohlgart Christiane | Chief Financial Officer | Sell | 238 | $115.00 | $27K | 9,818 | +3.54% | +1.88% |
| May 5, 2026 | Ohlgart Christiane | Chief Financial Officer | Sell | 596 | $89.70 | $53K | 10,812 | +0.03% | -1.36% |
| May 4, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | 63 | $89.61 | $6K | 9,927,517 | +0.03% | -1.36% |
| May 4, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | 2,028 | $89.12 | $181K | 9,927,580 | +0.03% | -1.36% |
| May 4, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | 197 | $88.09 | $17K | 9,929,608 | +0.03% | -1.36% |
| May 4, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | 190 | $87.04 | $17K | 9,929,805 | +0.03% | -1.36% |
| May 4, 2026 | Xie Ken | PRESIDENT & CEO | Sell | 137 | $89.61 | $12K | 52,978,004 | +0.03% | -1.36% |
| May 4, 2026 | Xie Ken | PRESIDENT & CEO | Sell | 4,383 | $89.12 | $391K | 52,978,141 | +0.03% | -1.36% |
| May 4, 2026 | Xie Ken | PRESIDENT & CEO | Sell | 425 | $88.09 | $37K | 52,982,524 | +0.03% | -1.36% |
| May 4, 2026 | Xie Ken | PRESIDENT & CEO | Sell | 410 | $87.04 | $36K | 52,982,949 | +0.03% | -1.36% |
Institutional (13F) — Top 0
All ↗
No 13F holders found.
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$108.26B
Enterprise Value
$105.17B
P/E (TTM)
59.56x
Forward P/E
48.64x
PEG Ratio
4.54x
P/B
86.91x
P/S
15.92x
P/FCF
48.64x
EV/EBITDA
42.67x
Shares Out
748.0M
Financials (TTM)
Revenue
$6.80B
Net Income
$1.85B
EBITDA
$2.46B
Free Cash Flow
$2.23B
Op Cash Flow
$2.59B
EPS Basic
$2.44
EPS Diluted
$2.43
EPS Forward
$2.98
Gross Margin
80.8%
Op Margin
30.6%
Net Margin
27.3%
Balance Sheet
Total Assets
$10.39B
Total Liab.
$9.15B
Total Equity
$1.24B
Cash
$3.58B
LT Debt
$496.6M
Book Value/Sh
$1.67
Debt/Equity
0.81x
Current Ratio
1.17
Quick Ratio
1.09
Returns & Growth
ROE
149.8%
ROA
17.8%
ROIC
28.7%
Rev Growth YoY
+14.2%
EPS Growth YoY
+7.0%
Price Returns
2W
+13.2%
1M
+63.6%
3M
+74.6%
6M
+70.1%
12M
+35.6%
Technicals
52W High
$149.67
52W Low
$74.39
50d MA
$114.05
200d MA
$89.90
RSI (14)
57.50
ATR (14)
$6.14
Beta
1.00
Avg Volume
7.2M
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
—
Ex-Div Date
—
Analyst Price Targets
Consensus
$86.81
High
$104.00
Low
$70.00
Median
$88.00
Data updated apr 25, 2026 10:17am
· Source: financialmodelingprep.com