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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)4.38M
Market Cap
$78.23B
Enterprise Value$73.83B
Total Cash (Recent Filing)$4.78B
Total Debt (Recent Filing)$994.90M
Price to Earnings (P/E)42.1
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. Volume4,462,679
30 Day Avg. Volume4,376,079
Financial Highlights & Ratios
PEG Ratio5.50
Price to Book (P/B)39.08
Price to Sales (P/S)0.00
P/FCF Ratio36.97
Enterprise Value/Market Cap0.94
Enterprise Value/Revenue3.16
Enterprise Value/Gross Profit14.78
Enterprise Value/Ebitda9.28
Forecast
1Y Price Target
$108.26Price Target Upside5.92% Upside
Rating ConsensusHold
Number of Analyst Covering28
Fortinet News
Bulls Say, Bears Say
Bulls Say
Billings GrowthFTNT posted its strongest billings performance in the past seven quarters.
Customer BaseFTNT has approximately 77% of the Fortune 100 companies and 71% of the Global 2000 companies as customers.
Market PositionFTNT remains a clear network security platform leader.
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.
Product RevenueProduct revenue growth decelerates to 12.3%.
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
14.77% Mutual Funds
11.07% Other Institutional Investors
32.89% 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 $78.23B.
When is Fortinet’s upcoming earnings report date?
Fortinet’s upcoming earnings report date is Aug 06, 2025 which is in 33 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
Hold
Average Price Target:
$108.26 (5.92% Upside)
$108.26 (5.92% Upside)
Blogger Sentiment
Bullish
FTNT Sentiment 91%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
67.52%
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
$108.26
▲(5.92%Upside)