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Fortinet (FTNT)
NASDAQ:FTNT
FTNT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$54.57 - $114.82
Previous CloseN/A
Volume1.49M
Average Volume (3M)4.05M
Market Cap
$80.41B
Enterprise Value$79.25B
Total Cash (Recent Filing)$4.78B
Total Debt (Recent Filing)$994.90M
Price to Earnings (P/E)43.2
Beta1.26
Next Earnings
Aug 06, 2025EPS Estimate
0.59Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.58
Shares Outstanding765,416,440
10 Day Avg. Volume4,185,845
30 Day Avg. Volume4,046,595
Financial Highlights & Ratios
PEG Ratio5.89
Price to Book (P/B)41.86
Price to Sales (P/S)0.00
P/FCF Ratio39.59
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue3.39
Enterprise Value/Gross Profit15.86
Enterprise Value/Ebitda9.96
Forecast
1Y Price Target
$108.91Price Target Upside3.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering27
Fortinet News
PremiumCompany Announcements
Fortinet Elects Board and Retains Deloitte as Auditor
Bulls Say, Bears Say
Bulls Say
Financial PerformanceFTNT posted healthy billings growth of 13.5% y/y, which beat consensus estimate of 11.3% y/y due to relative outperformance of products and enterprise customers.
Market PositionFTNT remains a clear network security platform leader.
Operational PerformanceRecord 1Q op. margin of 34.2% bested St's 30.6% est and EPS of $0.58 exceeded St's.
Bears Say
Dependency RiskOne distributor accounted for 27% of FTNT's total revenue in Q1, indicating a potential risk due to high dependency on a single distributor.
Revenue Growth ConcernsConcerns are raised on the durability of FTNT's services revenue growth and expectations for a potential firewall refresh.
Revenue GuidanceRevenue guidance for the second quarter was below consensus despite mounting expectations for Fortinet’s firewall refresh cycle to materialize.
Ownership Overview
14.31% Insiders
14.87% Mutual Funds
1.40% Other Institutional Investors
42.61% Public Companies and Individual Investors
FTNT FAQ
What was Fortinet’s price range in the past 12 months?
Fortinet lowest stock price was $54.57 and its highest was $114.82 in the past 12 months.
What is Fortinet’s market cap?
Fortinet’s market cap is $80.41B.
When is Fortinet’s upcoming earnings report date?
Fortinet’s upcoming earnings report date is Aug 06, 2025 which is in 12 days.
How were Fortinet’s earnings last quarter?
Fortinet released its earnings results on May 07, 2025. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.531 by $0.049.
Is Fortinet overvalued?
According to Wall Street analysts Fortinet’s price is currently Undervalued.
Does Fortinet pay dividends?
Fortinet does not currently pay dividends.
What is Fortinet’s EPS estimate?
Fortinet’s EPS estimate is 0.59.
How many shares outstanding does Fortinet have?
Fortinet has 765,416,440 shares outstanding.
What happened to Fortinet’s price movement after its last earnings report?
Fortinet reported an EPS of $0.58 in its last earnings report, beating expectations of $0.531. Following the earnings report the stock price went down -8.415%.
Which hedge fund is a major shareholder of Fortinet?
Currently, no hedge funds are holding shares in FTNT
Fortinet Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$108.91 (3.66% Upside)
$108.91 (3.66% Upside)
Blogger Sentiment
Bullish
FTNT Sentiment 90%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 0.8%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
81.32%
12-Months-Change
Fundamentals
Return on Equity
205.91%
Trailing 12-Months
Asset Growth
35.82%
Trailing 12-Months
Company Description
Fortinet
Fortinet, Inc. is a global leader in broad, integrated, and automated cybersecurity solutions. The company, headquartered in Sunnyvale, California, offers a wide range of products and services that cater to enterprises, service providers, and government organizations. Fortinet's core offerings include network security solutions, endpoint security, application security, and secure access products, all designed to protect data and systems from cyber threats. Fortinet's flagship product, the FortiGate firewall, is renowned for its ability to deliver high-performance security across both on-premises and cloud environments.
FTNT Company Deck
FTNT Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
Fortinet reported strong growth and maintained leadership in key market segments. However, macroeconomic uncertainties and potential tariff impacts present challenges. Despite these concerns, the company's innovation and customer acquisition efforts remain strong.Read More>FTNT Revenue Breakdown
41.01% Americas
40.23% EMEA
18.76% APAC
FTNT Stock 12 Month Forecast
Average Price Target
$108.91
▲(3.66%Upside)