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Fortinet (CH:FO8)
:FO8

Fortinet (FO8) Price & Analysis

2 Followers

FO8 Stock Chart & Stats

CHF120.25
CHF0.00(0.00%)
At close: 4:00 PM EDT
CHF120.25
CHF0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
High Profitability MarginsSustained very high gross and net margins reflect strong pricing power, differentiated product economics, and efficient cost structure. Durable margins support reinvestment in R&D, product development and sales motion while providing resilience to cyclical revenue swings over the next 2–6 months.
Exceptional Free Cash FlowRobust and accelerating free cash flow enhances financial flexibility: it funds capex, buybacks, and M&A optionality while strengthening the balance sheet. Persistent high FCF improves resiliency versus revenue variability and supports long-term investment in product and go-to-market expansion.
Integrated Platform & Product StrengthA hardware-software integrated architecture (ASICs + OS) and broad Security Fabric deliver technical differentiation and high switching costs. This platform enables upsell across an installed base and durable demand for secure networking and SASE capabilities over the medium term.
Bears Say
Top-line Growth DecelerationA marked slowdown in trailing revenue growth signals maturation of some demand drivers and heightens the need to reinvigorate recurring revenue expansion. Slower top-line growth can limit operating leverage and the pace at which scale-driven margins or investments can expand sustainably.
Services Revenue LaggingServices and subscriptions typically provide steadier, higher-visibility recurring revenue. Continued lag in services growth increases dependence on product cycles and hardware demand, reducing predictability of renewals and billings and limiting long-term revenue mix stability.
Concentration Of Recent Growth DriversHeavy reliance on a few secular themes (AI traffic, sovereign SASE, OT projects) concentrates revenue risk. If enterprise AI investments or SASE adoption slow, the company could face materially slower product demand, increasing volatility and making forward modeling of sustainable growth more uncertain.

Fortinet News

FO8 FAQ

What was Fortinet’s price range in the past 12 months?
Fortinet lowest stock price was CHF120.25 and its highest was CHF126.80 in the past 12 months.
    What is Fortinet’s market cap?
    Fortinet’s market cap is CHF96.11B.
      When is Fortinet’s upcoming earnings report date?
      Fortinet’s upcoming earnings report date is Oct 29, 2026 which is in 82 days.
        How were Fortinet’s earnings last quarter?
        Fortinet released its earnings results on Jul 29, 2026. The company reported CHF0.728 earnings per share for the quarter, beating the consensus estimate of CHF0.603 by CHF0.125.
          Is Fortinet overvalued?
          According to Wall Street analysts Fortinet’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Fortinet pay dividends?
            Fortinet does not currently pay dividends.
            What is Fortinet’s EPS estimate?
            Fortinet’s EPS estimate is 0.69.
              How many shares outstanding does Fortinet have?
              Currently, no data Available
              What happened to Fortinet’s price movement after its last earnings report?
              Fortinet reported an EPS of CHF0.728 in its last earnings report, beating expectations of CHF0.603. Following the earnings report the stock price went same 0%.
                Which hedge fund is a major shareholder of Fortinet?
                Currently, no hedge funds are holding shares in CH:FO8
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Fortinet

                  Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized security tools. These range from FortiSwitch for secure network switching and FortiAP for robust wireless connectivity, to FortiExtender, a versatile hardware appliance. For centralized network visibility and control, clients utilize FortiAnalyzer for logging, analysis, and reporting, and FortiManager for scalable administration of FortiGate devices. The company further fortifies digital defenses with FortiWeb (web application firewalls), FortiMail (secure email gateways), and FortiSandbox technology, which offers proactive threat detection and mitigation. Endpoint protection is a key focus, delivered through FortiClient (featuring pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall) and the advanced FortiEDR/XDR suite, which leverages machine learning for anti-malware execution and real-time post-infection defense. Additionally, FortiToken and FortiAuthenticator product families provide essential multi-factor authentication to safeguard systems and data. Fortinet's service offerings include security subscriptions, technical support, professional consulting, and training programs. Its robust security technologies are distributed both directly to end-users and through an extensive network of channel partners. The company serves a wide array of sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare. Headquartered in Sunnyvale, California, Fortinet, Inc. was established in 2000 and maintains a strategic alliance with Linksys.

                  Fortinet (FO8) Earnings & Revenues

                  FO8 Company Deck

                  FO8 Earnings Call

                  Q2 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Positive
                  The call conveyed strong, broad-based operational and financial momentum: double-digit growth across top-line metrics, a 52% jump in product revenue, record non-GAAP operating margin (38%), and exceptional free cash flow that supported increased guidance and continued buybacks. Management highlighted durable secular drivers (AI, sovereign SASE, OT security) and product differentiation (FortiOS, FortiASIC). Principal caveats were a still-lagging services growth rate, some uncertainty around how sustained ultra-high product growth will be into 2027, and modeling complexity from mixed metric definitions and price/headwind adjustments. On balance the positives — outsized product growth, margin expansion, cash generation, large customer wins and upgraded guidance — significantly outweigh the lowlights.View all CH:FO8 earnings summaries

                  FO8 Revenue Breakdown

                  32.63%32.63%67.37%
                  32.63% Product
                  67.37% Services
                  tipranks

                  FO8 Stock 12 Month Forecast

                  Average Price Target

                  CHF133.17
                  ▲(10.74% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 43, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":121.675,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 42, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":121.675,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n     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style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 28, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 4</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":121.675,"date":1767225600000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 31, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 8</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":121.675,"date":1769904000000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  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