Education
About Us
Working with TipRanks
Follow Us
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)5.08M
Market Cap
$75.71B
Enterprise Value$70.25B
Total Cash (Recent Filing)$1.40B
Total Debt (Recent Filing)$992.30M
Price to Earnings (P/E)43.6
Beta1.12
Next Earnings
May 01, 2025EPS Estimate
0.53Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.26
Shares Outstanding768,974,060
10 Day Avg. Volume4,634,685
30 Day Avg. Volume5,082,703
Financial Highlights & Ratios
PEG Ratio0.80
Price to Book (P/B)N/A
Price to Sales (P/S)12.71
Price to Cash Flow (P/CF)39.60
P/FCF Ratio38.90
Enterprise Value/Market Cap0.93
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit14.64
Enterprise Value/Ebitda34.28
Forecast
1Y Price Target
$112.92Price Target Upside14.47% Upside
Rating ConsensusHold
Number of Analyst Covering30
---
Bulls Say, Bears Say
Bulls Say
Financial PerformanceFTNT reported impressive margin outperformance, with high non-GAAP gross and operating margins driven by increased hardware demand and cost efficiencies.
Market PresenceFTNT's customer base includes approximately 80% of the Fortune 100 and 72% of the G2000, showing a strong market presence among top companies.
Revenue GrowthTotal revenue also surpassed expectations, with product revenue growth of ~18% Y/Y easily exceeding the Street's 7% forecast.
Bears Say
Competitive PositionFTNT is seen as less well-positioned to benefit from vendor consolidation compared to some competitors.
Growth ExpectationsAnalyst downgrades the rating to Underperform due to challenges in growth rates and concerns about meeting future billings expectations.
Investment NeedsAnalyst believes that FTNT will need significant investment to maintain its competitive position and expand in the SASE market, which may cap future operating margins.
---
Ownership Overview
19.58% Insiders
14.90% Mutual Funds
12.28% Other Institutional Investors
27.34% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
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 $75.71B.
When is Fortinet’s upcoming earnings report date?
Fortinet’s upcoming earnings report date is May 01, 2025 which is in 39 days.
How were Fortinet’s earnings last quarter?
Fortinet released its earnings results on Feb 06, 2025. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.606 by $0.134.
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 0.53.
How many shares outstanding does Fortinet have?
Fortinet has 768,974,060 shares outstanding.
What happened to Fortinet’s price movement after its last earnings report?
Fortinet reported an EPS of $0.74 in its last earnings report, beating expectations of $0.606. Following the earnings report the stock price went up 2.807%.
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:
$112.92 (14.47% Upside)
$112.92 (14.47% Upside)
Blogger Sentiment
Bullish
FTNT Sentiment 88%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 113.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 3.7%
Last 30 Days ▼ 3.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
43.86%
12-Months-Change
Fundamentals
Return on Equity
338.74%
Trailing 12-Months
Asset Growth
34.50%
Trailing 12-Months
Company Description
Fortinet
Founded in 2000, California-based Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions to a variety of business, such as enterprises, communication service providers and small businesses.
---
FTNT Company Deck
---
FTNT Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance and growth in key areas such as unified SaaS and secure operations, alongside record operating margins. However, concerns about weaker billings guidance and geopolitical uncertainties, including potential tariff impacts, added caution to the outlook.Read More>---
FTNT Revenue Breakdown
41.01% Americas
40.23% EMEA
18.76% APAC
---
FTNT Stock 12 Month Forecast
Average Price Target
$112.92
▲(14.47% Upside)
Technical Analysis
Best Analysts Covering FTNT
1 Year
1 Year Success Rate
13/15 ratings generated profit
1 Year Average Return
+27.49%
reiterated a buy rating last month
Copying Patrick Colville's trades and holding each position for 1 Year would result in 86.67% of your transactions generating a profit, with an average return of +27.49% per trade.
---