Fortinet Elects Board and Retains Deloitte as Auditor

The latest update is out from Fortinet ( (FTNT) ).

At the Annual Meeting of Stockholders held on June 13, 2025, Fortinet, Inc. successfully elected nine directors to its Board for a one-year term, ratified Deloitte & Touche LLP as its independent accounting firm, and held an advisory vote on executive compensation. However, a stockholder proposal to separate the roles of Chairman and CEO was not approved. These decisions reflect Fortinet’s current governance structure and strategic direction, impacting its leadership and operational oversight.

The most recent analyst rating on (FTNT) stock is a Hold with a $82.00 price target. To see the full list of analyst forecasts on Fortinet stock, see the FTNT Stock Forecast page.

Spark’s Take on FTNT Stock

According to Spark, TipRanks’ AI Analyst, FTNT is a Outperform.

Fortinet’s strong financial performance and positive earnings guidance are major strengths, supported by robust profitability and operational efficiency. However, concerns about macroeconomic challenges and a high P/E ratio slightly dampen the overall outlook. The stock demonstrates moderate technical strength, but valuation concerns and external risks should be monitored.

To see Spark’s full report on FTNT stock, click here.

More about Fortinet

Fortinet, Inc. operates in the cybersecurity industry, providing a wide range of products and services focused on network security, endpoint security, and cloud security solutions. The company is known for its FortiGate firewall platform and has a significant market presence in enterprise and service provider sectors.

Average Trading Volume: 5,119,474

Technical Sentiment Signal: Strong Buy

Current Market Cap: $78.03B

See more data about FTNT stock on TipRanks’ Stock Analysis page.