Fortinet Gestion
Gestion contrôle des critères 4/4
Le PDG Fortinet est Ken Xie, nommé en Oct2000, a un mandat de 25.67 ans. La rémunération annuelle totale est $ 11.46M, composée du salaire de 5.2% et des bonus 94.8%, y compris les actions et options de la société. détient directement 7.89% des actions de la société, d'une valeur de $ 8.37B. La durée moyenne de mandat de l'équipe de direction et du conseil d'administration est respectivement 2.3 ans et 5.2 ans.
Informations clés
Ken Xie
Directeur général
US$11.5m
Rémunération totale
| Pourcentage du salaire du PDG | 5.21% |
| Durée du mandat du directeur général | 25.7yrs |
| Propriété du PDG | 7.9% |
| Durée moyenne d'occupation des postes de direction | 2.3yrs |
| Durée moyenne du mandat des membres du conseil d'administration | 5.2yrs |
Mises à jour récentes de la gestion
Recent updates
Mise à jour du récit • Jun 05
FTNT: Earnings Execution And AI Security Platform Position Will Shape Future Upside
The analyst price target for Fortinet has been revised from $109.27 to $140.34. Analysts attribute this change to updated assumptions for slightly higher revenue growth, a modestly higher profit margin, and a higher future P/E multiple, partly supported by recent sector checks and a series of price target increases across the cybersecurity peer group.
Mise à jour du récit • May 21
FTNT: Hardware Dependence And AI Volatility Will Pressure Future Returns
Fortinet's analyst price target has increased to $77.37 from $67.76, with analysts citing updated assumptions around slightly faster revenue growth, a modestly higher future P/E, and recent broad-based target hikes across the Street, even as some factor in mixed views on margins and ratings. Analyst Commentary Recent research on Fortinet points to a mixed backdrop, with many firms adjusting price targets higher while a minority voice more cautious views around the durability of growth, the business mix and where the stock trades on key valuation metrics.Seeking Alpha • May 19
Fortinet: AI Driven Security Demand Continues To Accelerate
Summary Fortinet delivered a strong Q1, with revenue up 20% YoY to $1.85B, beating consensus by 6.7%. Billings grew 31% YoY and deferred revenue reached $7.35B, underscoring robust demand and revenue visibility. Operating leverage improved margins; GAAP operating margin rose to 31.4%, and net income increased 23.3% YoY. I maintain a Buy rating with a $145 price target, reflecting a 17.8% upside, supported by AI-driven demand and disciplined capital allocation. Read the full article on Seeking AlphaMise à jour du récit • May 02
FTNT: Hardware Exposure And Softer 2026 Refresh Cycle Will Pressure Returns
Fortinet's updated analyst price target edges slightly lower to about $68, reflecting modest tweaks to assumptions on fair value, discount rate, growth, margins, and future P/E, as analysts balance recent target hikes from several firms with more cautious views on hardware exposure and execution risk. Analyst Commentary Recent research on Fortinet reflects a split view, with some firms lifting price targets or turning more constructive, while others point to risks tied to hardware exposure, execution and valuation.
Mise à jour du récit • Apr 15
FTNT: AI Security Platform And Share Buybacks Will Drive Future Upside
Analysts have nudged their fair value estimate for Fortinet to $89.00, reflecting a blend of tempered revenue growth expectations, a slightly higher assumed discount rate, and modestly stronger margin and P/E assumptions that align with the recent mix of target hikes and a few cautious downgrades across the Street. Analyst Commentary Recent research on Fortinet presents a mixed picture, with several firms adjusting price targets and ratings around concerns on hardware exposure, execution, and the broader cybersecurity sector reaction to AI developments, while others point to what they view as attractive entry points and constructive setups into earnings.Mise à jour du récit • Mar 31
FTNT: Hardware Dependence And Softer 2026 Refresh Expectations Will Restrain Returns
Analysts have nudged Fortinet's implied fair value to about $68, reflecting modest tweaks to growth, margin, and discount rate assumptions. Recent price target moves balance concerns over hardware dependence and firewall refresh cycles with views that broader cybersecurity demand remains intact despite AI related volatility.Mise à jour du récit • Mar 17
FTNT: Hardware Reliance And Softer 2026 Refresh Cycle Will Pressure Returns
Analysts have modestly adjusted the Fortinet price target to $68.00, reflecting a slightly higher discount rate and fine tuned views on revenue growth, profit margins, and future P/E assumptions amid mixed research commentary on hardware exposure and valuation across the Street. Analyst Commentary Recent research on Fortinet has been mixed, with a cluster of price target changes and rating moves that highlight both valuation sensitivities and execution questions around the current hardware mix and future growth profile.Mise à jour du récit • Mar 03
FTNT: Hardware Dependence And Fading Refresh Cycle Will Pressure Future Returns
We are trimming our Fortinet fair value estimate to $68.00 from $70.25 as analysts factor in slower expected revenue growth, ongoing firewall hardware refresh risk, and a lower future P/E multiple around 25.6x, partly offset by a higher projected profit margin near 25.7%. Analyst Commentary Recent research has highlighted a more cautious tone around Fortinet, with several bearish analysts flagging risks around hardware reliance, growth sustainability, and valuation.Mise à jour du récit • Feb 17
FTNT: Earnings Execution And Buybacks Will Support Future Upside
Analysts have nudged their fair value estimate for Fortinet higher by about $1 to roughly $109, reflecting a mix of tempered revenue growth expectations, slightly higher assumed P/E multiples, and firmer profit margin assumptions that align with the wave of recent price target increases across the Street. Analyst Commentary Bullish analysts have been active on Fortinet, with a cluster of recent research updates pointing to higher price targets, rating upgrades, and a more constructive stance on the share setup into upcoming results.Mise à jour du récit • Feb 03
FTNT: Earnings Execution And China Risk Insulation Will Support Future Upside
The analyst price target for Fortinet edges up to about $108 from roughly $108 previously, as analysts balance mixed rating actions and trimmed Street targets against slightly firmer assumptions on revenue growth, discount rate and future P/E in updated models. Analyst Commentary Recent research on Fortinet reflects a mixed backdrop, but there are clear pockets of optimism that speak to how some on the Street are framing the risk and reward.Mise à jour du récit • Jan 20
FTNT: Hardware Refresh Caution Will Contrast With Stronger Margins And Buybacks
Analysts have nudged their implied fair value for Fortinet lower from about $110 to $108, as a reduced future P/E assumption and more cautious views on hardware refresh demand offset still solid revenue and billings metrics reflected in recent research updates. Analyst Commentary Recent research has been mixed, but there are still clear pockets of optimism around Fortinet that center on execution, earnings quality, and how those feed into valuation support.Mise à jour du récit • Jan 05
FTNT: AI Data Center Security Partnerships Will Drive Future Upside Potential
Analysts have trimmed their price targets on Fortinet toward the high $80s to low $100s, with the updated fair value estimate holding near $87.04 as they factor in recent Q3 metrics such as 18% Product revenue growth, 14% Billings growth, and slightly refined assumptions for discount rate, revenue growth, margins, and future P/E. Analyst Commentary Recent Street research has shifted to a more balanced stance on Fortinet, with price targets clustering in the high $80s to low $100s range and at least one downgrade to a neutral rating.Mise à jour du récit • Dec 19
FTNT: AI Data Center Push And Legal Overhang Will Shape Shares
Analysts have slightly lowered their price target on Fortinet, trimming fair value by about $0.40 to roughly $87.04. They cited a more cautious stance following recent downgrades and tempered growth expectations, despite solid Q3 metrics and improved guidance.Mise à jour du récit • Dec 05
FTNT: Firewall Cycle, AI Initiatives And Lawsuit Will Shape Stock Path
Analysts have modestly reduced their price target on Fortinet to about $87 per share. This reflects more cautious views on the stock's risk profile and future earnings multiples, despite solid recent revenue and margin performance.Mise à jour du récit • Nov 21
FTNT: Firewall Refresh Cycle Maturity Will Influence Stock Performance Ahead
Analysts have slightly lowered their fair value estimate for Fortinet to $87.45 from $88.30, citing modestly reduced growth projections and tempered expectations following recent industry downgrades and updates to price targets. Analyst Commentary Recent street research on Fortinet reflects a mix of cautious and optimistic outlooks, as analysts assess the company's performance and future prospects in light of industry trends and earnings results.Mise à jour du récit • Nov 07
FTNT: Firewall Refresh Cycle And Market Dynamics Will Shape Medium-Term Prospects
Fortinet's analyst price target has been revised downward, dropping from approximately $90.32 to $88.30. Analysts cite tempered expectations for core firewall growth and evolving revenue and margin forecasts, despite some improvements in guidance.Article d’analyse • Aug 20
Fortinet, Inc. (NASDAQ:FTNT) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
NasdaqGS:FTNT 1 Year Share Price vs Fair Value Explore Fortinet's Fair Values from the Community and select yours The...
Nouveau récit • Aug 09
The Architect of Integrated, High-Performance Security
When compared to other competitors, Fortinet's valuation makes a lot of sense. Fortinet is a model of profitability and operational efficiency.Mise à jour du récit • Aug 08
Digital Transformation Will Expand Integrated Cybersecurity Solutions
Fortinet’s fair value estimate has been significantly lowered, primarily due to a notable contraction in its forward P/E multiple despite stable revenue growth forecasts, resulting in the consensus price target dropping from $109.88 to $93.46. What's in the News Fortinet announced a major expansion of its FortiCloud platform, introducing FortiIdentity (cloud-native identity management), FortiDrive (secure storage), and FortiConnect (protected communications), all natively integrated with its Security Fabric, furthering its unified platform strategy and supporting hybrid workforces with global infrastructure investments (Key Developments, 2025-08-06).Article d’analyse • Aug 08
Fortinet, Inc. Just Recorded A 13% EPS Beat: Here's What Analysts Are Forecasting Next
NasdaqGS:FTNT 1 Year Share Price vs Fair Value Explore Fortinet's Fair Values from the Community and select yours...
Mise à jour du récit • Aug 07
The silent guardian of the internet and one of the most profitable names in cybersecurity.
Fortinet delivered yet another textbook beat on both top-line and bottom-line in Q2, still rocking the cybersecurity party. But the market’s stomach for forward guidance is as fickle as my mood before coffee, a slightly cautious outlook = big price pullback.Article d’analyse • Aug 01
Is It Too Late To Consider Buying Fortinet, Inc. (NASDAQ:FTNT)?
Fortinet, Inc. ( NASDAQ:FTNT ) saw significant share price movement during recent months on the NASDAQGS, rising to...Article d’analyse • Jul 19
Here's Why Fortinet (NASDAQ:FTNT) Has Caught The Eye Of Investors
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Article d’analyse • Jul 02
A Look At The Fair Value Of Fortinet, Inc. (NASDAQ:FTNT)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Fortinet fair value estimate is US$110 With US$102 share...Seeking Alpha • Apr 25
Fortinet: Three Major Growth Catalysts
Summary Fortinet, a leading cybersecurity firm, offers comprehensive security solutions and is poised for growth with strong profit margins and a solid balance sheet. Key growth catalysts include the rise of SASE, a global firewall upgrade wave, and increasing demand for end-to-end security solutions. Fortinet's technological edge and unique positioning in government security make it a compelling investment in the cybersecurity sector. With strong fundamentals and strategic advantages, Fortinet is well-positioned to benefit from emerging trends and generate increased revenue per customer. Read the full article on Seeking AlphaSeeking Alpha • Feb 26
Fortinet: Capitalizing On Hardware Firewall Upgrades For Future Growth
Summary Hardware firewalls remain crucial for legacy on-premise infrastructure, edge computing needing real-time responses, and remote areas with unreliable internet. Fortinet should benefit from a massive upgrade cycle for its hardware firewall in 2026 and 2027. Inventory-related charges normalized in 2024, making earnings per share growth look slower in 2025. The company is a cybersecurity industry leader and has solid competitive advantages. FTNT stock remains a buy for growth investors. Read the full article on Seeking AlphaSeeking Alpha • Jan 22
As Billings Growth Turns Negative, I'm Bearish On Fortinet
Summary With billings growth turning negative for the first time, I'm concerned about Fortinet's long-term performance. As competitors have been able to deploy cloud-based solutions, the company's traditional hardware offerings are lower margin, and less scalable. At a high valuation, I'm concerned that markets will have to re-price the shares over time, leading to major risk of downside. Read the full article on Seeking AlphaAnalyse de la rémunération des PDG
| Date | Rémunération totale | Salaire | Bénéfices de l'entreprise |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$2b |
| Dec 31 2025 | US$11m | US$597k | US$2b |
| Sep 30 2025 | n/a | n/a | US$2b |
| Jun 30 2025 | n/a | n/a | US$2b |
| Mar 31 2025 | n/a | n/a | US$2b |
| Dec 31 2024 | US$13m | US$597k | US$2b |
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$16m | US$622k | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$967m |
| Dec 31 2022 | US$14m | US$797k | US$857m |
| Sep 30 2022 | n/a | n/a | US$743m |
| Jun 30 2022 | n/a | n/a | US$674m |
| Mar 31 2022 | n/a | n/a | US$638m |
| Dec 31 2021 | US$14m | US$797k | US$607m |
| Sep 30 2021 | n/a | n/a | US$555m |
| Jun 30 2021 | n/a | n/a | US$515m |
| Mar 31 2021 | n/a | n/a | US$491m |
| Dec 31 2020 | US$11m | US$793k | US$489m |
| Sep 30 2020 | n/a | n/a | US$460m |
| Jun 30 2020 | n/a | n/a | US$417m |
| Mar 31 2020 | n/a | n/a | US$378m |
| Dec 31 2019 | US$10m | US$750k | US$332m |
Rémunération vs marché: La rémunération totale de Ken ($USD 11.46M ) est dans la moyenne des entreprises de taille similaire sur le marché US ($USD 14.81M ).
Rémunération et revenus: La rémunération de Ken a été cohérente avec les performances de l'entreprise au cours de l'année écoulée.
PDG
Ken Xie (63 yo)
25.7yrs
Titularisation
US$11,458,039
Compensation
Mr. Ken Xie is a Co-Founder and has been Chief Executive Officer and Director at Fortinet, Inc. since October 2000. Mr. Xie serves as an Advisor at WI Harper Group. He serves as an Advisor at ForgePoint Ca...
Équipe de direction
| Nom | Position | Titularisation | Compensation | Propriété |
|---|---|---|---|---|
| Co-Founder | 25.7yrs | US$11.46m | 7.89% $ 8.4b | |
| Co-Founder | 25.7yrs | US$6.58m | 7.63% $ 8.1b | |
| Chief Accounting Officer | 2.3yrs | US$4.42m | 0.0012% $ 1.3m | |
| Chief Operating Officer | 2.4yrs | US$6.04m | 0.013% $ 13.7m | |
| Vice President of Investor Relations | no data | pas de données | pas de données | |
| Executive Vice President of Marketing | less than a year | pas de données | pas de données | |
| Senior Vice President of Product & Solution Marketing | less than a year | pas de données | pas de données | |
| Executive Vice President of Technology & Product Management | 3.4yrs | pas de données | pas de données | |
| Executive Vice President of International Sales | 2.4yrs | pas de données | pas de données | |
| Chief Information Security Officer | 2yrs | pas de données | pas de données | |
| Executive Vice President of US Sales | no data | pas de données | pas de données | |
| Senior Vice President of Worldwide Human Resources | less than a year | pas de données | pas de données |
2.3yrs
Durée moyenne de l'emploi
57.5yo
Âge moyen
Gestion expérimentée: L'équipe de direction de FTNT est considérée comme expérimentée (ancienneté moyenne 2.3 ans).
Membres du conseil d'administration
| Nom | Position | Titularisation | Compensation | Propriété |
|---|---|---|---|---|
| Co-Founder | 25.7yrs | US$11.46m | 7.89% $ 8.4b | |
| Co-Founder | 25.3yrs | US$6.58m | 7.63% $ 8.1b | |
| Independent Director | 5.7yrs | US$306.75k | 0.0059% $ 6.2m | |
| Independent Director | 13.2yrs | US$290.52k | 0.0085% $ 9.0m | |
| Chairperson of Public Sector Advisory Council | 4yrs | US$331.61k | pas de données | |
| Lead Independent Director | 11yrs | US$329.25k | 0.018% $ 18.6m | |
| Member of Public Sector Advisory Council | 4yrs | pas de données | pas de données | |
| Independent Director | 6.7yrs | US$279.15k | 0.0052% $ 5.6m | |
| Member of Public Sector Advisory Council | 4yrs | pas de données | pas de données | |
| Independent Director | 4.7yrs | US$284.25k | 0.0023% $ 2.4m | |
| Member of Public Sector Advisory Council | 4yrs | pas de données | pas de données | |
| Member of Public Sector Advisory Council | 4yrs | pas de données | pas de données |
5.2yrs
Durée moyenne de l'emploi
69yo
Âge moyen
Conseil d'administration expérimenté: Les membres du conseil d'administration de FTNT sont considérés comme expérimentés (ancienneté moyenne 5.2 ans).
Analyse de l'entreprise et données financières
| Données | Dernière mise à jour (heure UTC) |
|---|---|
| Analyse de l'entreprise | 2026/06/08 17:42 |
| Cours de l'action en fin de journée | 2026/06/05 00:00 |
| Les revenus | 2026/03/31 |
| Revenus annuels | 2025/12/31 |
Sources de données
Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.
| Paquet | Données | Cadre temporel | Exemple de source américaine * |
|---|---|---|---|
| Finances de l'entreprise | 10 ans |
| |
| Estimations consensuelles des analystes | +3 ans |
|
|
| Prix du marché | 30 ans |
| |
| Propriété | 10 ans |
| |
| Gestion | 10 ans |
| |
| Principaux développements | 10 ans |
|
* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.
Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.
Modèle d'analyse et flocon de neige
Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.
Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.
Indicateurs de l'industrie et du secteur
Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.
Sources des analystes
Fortinet, Inc. est couverte par 67 analystes. 41 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.
| Analyste | Institution |
|---|---|
| Ellie Bagshaw | Arete Research Services LLP |
| Shrenik Kothari | Baird |
| Saket Kalia | Barclays |