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Fortinet (0IR9) Share Price & Analysis

4 Followers

0IR9 Stock Chart & Stats

$128.93$5.55(4.50%)
At close: 4:30 PM GMT
$125$150$175Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
$121.50 - $130.34
52-Week Range
$73.00 - $198.60
Previous Close
$123.38
Volume
N/A
Average Volume (3M)
14.70K
Market Cap
$90.79B
Enterprise Value
$128.45B
Total Cash (Recent Filing)
$4.80B
Total Debt (Recent Filing)
$497.10M
Price to Earnings (P/E)
41.3
Beta
0.06
Next Earnings
Feb 09, 2027 (Est.)
EPS Estimate
0.94
Last Dividend Ex-Date
Mar 15, 2022
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Raised Growth Outlook

Raised billings and revenue guidance indicates stronger demand and execution than previously expected. Sustained growth across products and services can expand Fortinet’s installed base, increase subscription opportunities, and support durable revenue momentum over the next several quarters.

Integrated Security Platform

A unified operating system spanning networking, SASE, AI security, and existing appliances can differentiate Fortinet from point-solution vendors. Broader platform adoption also creates cross-selling and recurring-service opportunities as customers expand deployments.

High-margin Cash Generation

Strong conversion of earnings into free cash flow demonstrates substantial internal funding capacity and reduces reliance on external capital. Combined with approximately 80% gross margins, this supports investment in product development, expansion, and shareholder returns.

Bears Say

Delayed Service Activations

Delayed activations can defer recurring revenue even when underlying customer demand remains strong, creating uneven reported growth and reducing near-term visibility. Large enterprise implementations may therefore lengthen the conversion of bookings into recognized subscription revenue.

Higher Component Costs

Higher component costs can pressure product profitability and offset some benefits from Fortinet’s otherwise strong consolidated margins. If cost inflation persists, management may need pricing or mix improvements to protect earnings while maintaining competitive product positioning.

Slower Historical Revenue Growth

The historical deceleration in reported revenue growth indicates that strong profitability has not been matched consistently by top-line expansion. This raises the importance of converting newer AI, SASE, and enterprise demand into sustained revenue growth rather than relying mainly on margin strength.

Fortinet News

0IR9 FAQ

What was Fortinet’s price range in the past 12 months?
Fortinet lowest share price was $73.00 and its highest was $198.60 in the past 12 months.
What is Fortinet’s market cap?
Fortinet’s market cap is $90.79B.
When is Fortinet’s upcoming earnings report date?
Fortinet’s next earnings report is estimated for Feb 09, 2027 (not yet confirmed), which is in 89 days.
How were Fortinet’s earnings last quarter?
Fortinet released its earnings results on Oct 28, 2026. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.05.
Is Fortinet overvalued?
According to Wall Street analysts Fortinet’s price is currently Undervalued.
Does Fortinet pay dividends?
Fortinet pays a dividend of $0.285 which represents an annual dividend yield of ―. See more information on Fortinet dividends here
What is Fortinet’s EPS estimate?
Fortinet’s EPS estimate is 0.94.
How many shares outstanding does Fortinet have?
Fortinet has 734,709,700 shares outstanding.
What happened to Fortinet’s price movement after its last earnings report?
Fortinet reported an EPS of $0.91 in its last earnings report, beating expectations of $0.86. Following the earnings report the stock price went down -24.182%.
Which hedge fund is a major shareholder of Fortinet?
Hedge funds hold Fortinet shares: the largest hedge-fund position in Fortinet is 1,195,874,864 shares, and hedge funds increased their holdings by 983.8K shares last quarter.
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