Fortinet (FTNT)

Fortinet (FTNT) Stock Price & Analysis


FTNT Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$42.61 - $71.29
Previous Close$68.33
Average Volume (3M)4.55M
Market Cap
Enterprise Value$51.93B
Total Cash (Recent Filing)$2.88B
Total Debt (Recent Filing)$990.90M
Price to Earnings (P/E)56.3
Aug 02, 2023
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.21
Shares Outstanding788,431,680
10 Day Avg. Volume5,348,413
30 Day Avg. Volume4,548,029
Standard Deviation0.12
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)42.81
Price to Cash Flow (P/CF)N/A
P/FCF Ratio18.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.41
Enterprise Value/Gross Profit23.15
Enterprise Value/Ebitda43.96
Price Target Upside11.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering21



Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Product Insights

Sorry, No Data Available
There is no website visitor data available for this stock.



What was Fortinet’s price range in the past 12 months?
Fortinet lowest stock price was $42.61 and its highest was $71.29 in the past 12 months.
    What is Fortinet’s market cap?
    Currently, no data Available
    When is Fortinet’s upcoming earnings report date?
    Fortinet’s upcoming earnings report date is Aug 02, 2023 which is in 62 days.
      How were Fortinet’s earnings last quarter?
      Fortinet released its earnings results on May 04, 2023. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.287 by $0.053.
        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 $0.34.
            How many shares outstanding does Fortinet have?
            Fortinet has 785,196,170 shares outstanding.
              What happened to Fortinet’s price movement after its last earnings report?
              Fortinet reported an EPS of $0.34 in its last earnings report, beating expectations of $0.287. Following the earnings report the stock price went up 5.574%.
                Which hedge fund is a major shareholder of Fortinet?
                Among the largest hedge funds holding Fortinet’s share is Viking Global Investors LP. It holds Fortinet’s shares valued at 789M.


                  Fortinet Stock Smart Score

                  The Fortinet stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                  Learn more about TipRanks Smart Score

                  Company Description


                  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.


                  Top 5 ETFs holding FTNT

                  Market Value
                  Smart Score
                  Vanguard S&P 500 ETF
                  Invesco QQQ Trust
                  SPDR S&P 500 ETF Trust
                  SPDR S&P 500 ETF Trust CDI
                  iShares Core S&P 500 ETF
                  Up to five ETFs with an Outperform Smart Score that hold FTNT. The ETFs are listed according to market value of FTNT within the ETF


                  Forecast EPS vs Actual EPS

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