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Fortinet DB:FO8 Stock Report

Last Price

€87.02

Market Cap

€66.0b

7D

-6.5%

1Y

78.0%

Updated

20 Nov, 2024

Data

Company Financials +

FO8 Stock Overview

Provides cybersecurity and convergence of networking and security solutions worldwide. More details

FO8 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends0/6

Fortinet, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fortinet
Historical stock prices
Current Share PriceUS$87.02
52 Week HighUS$93.74
52 Week LowUS$47.26
Beta1.0
11 Month Change14.67%
3 Month Change29.94%
1 Year Change78.05%
33 Year Change47.19%
5 Year Change366.35%
Change since IPO6,345.93%

Recent News & Updates

Recent updates

Shareholder Returns

FO8DE SoftwareDE Market
7D-6.5%0.4%-0.4%
1Y78.0%52.3%7.1%

Return vs Industry: FO8 exceeded the German Software industry which returned 53.6% over the past year.

Return vs Market: FO8 exceeded the German Market which returned 7.8% over the past year.

Price Volatility

Is FO8's price volatile compared to industry and market?
FO8 volatility
FO8 Average Weekly Movement4.7%
Software Industry Average Movement5.2%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.0%
10% least volatile stocks in DE Market2.4%

Stable Share Price: FO8 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: FO8's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200013,986Ken Xiewww.fortinet.com

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products. The company also provides the Fortinet Unified SASE solutions that include firewall, SD-WAN, Secure web gateway, cloud access services broker, data loss prevention, zero trust network access, and cloud security, including web application firewalls, virtualized firewalls, and cloud-native firewalls.

Fortinet, Inc. Fundamentals Summary

How do Fortinet's earnings and revenue compare to its market cap?
FO8 fundamental statistics
Market cap€66.02b
Earnings (TTM)€1.45b
Revenue (TTM)€5.42b

46.3x

P/E Ratio

12.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FO8 income statement (TTM)
RevenueUS$5.71b
Cost of RevenueUS$1.16b
Gross ProfitUS$4.55b
Other ExpensesUS$3.02b
EarningsUS$1.53b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.00
Gross Margin79.71%
Net Profit Margin26.79%
Debt/Equity Ratio109.4%

How did FO8 perform over the long term?

See historical performance and comparison