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Updated 1d ago
FO8 logo

Fortinet, Inc.DB:FO8 Stock Report

Market Cap €99.3b
Updated 1d ago
Share Price
n/a
1Y99.4%
7D-2.9%
1D0.8%
Portfolio Value
​
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Fortinet, Inc.

DB:FO8 Stock Report

Market Cap: €99.3b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Fortinet (FO8) Stock Overview

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

FO8 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Rewards

Earnings are forecast to grow 13% per year

Earnings have grown 27.5% per year over the past 5 years

Risk Analysis

Volatile share price over the past 3 months compared to the German market


FO8 Community Fair Values

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€
Current Price
€135.2033.5% undervalued intrinsic discount
%/yr
Decrease
Increase
PastFuture013b2016201920222025202620282031Revenue US$12.7bEarnings US$3.6b
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Fortinet, Inc. Competitors

SAP

Symbol: XTRA:SAP
Market cap: €209.9b

IVU Traffic Technologies

Symbol: XTRA:IVU
Market cap: €431.5m

init innovation in traffic systems

Symbol: XTRA:IXX
Market cap: €486.2m

Nemetschek

Symbol: XTRA:NEM
Market cap: €7.0b

Price History & Performance

Summary of share price highs, lows and changes for Fortinet
Historical stock prices
Current Share PriceUS$135.20
52 Week HighUS$148.88
52 Week LowUS$62.91
Beta1.06
1 Month Change-1.74%
3 Month Change7.06%
1 Year Change99.44%
3 Year Change130.13%
5 Year Change164.37%
Change since IPO9,914.81%

Recent News & Updates

Recent updates

Shareholder Returns

FO8DE SoftwareDE Market
7D-2.9%0.4%-0.5%
1Y99.4%-19.3%4.6%

Return vs Industry: FO8 exceeded the German Software industry which returned -22% over the past year.

Return vs Market: FO8 exceeded the German Market which returned 5.5% over the past year.

Price Volatility

Is FO8's price volatile compared to industry and market?
FO8 volatility
FO8 Average Weekly Movement7.7%
Software Industry Average Movement6.2%
Market Average Movement5.0%
10% most volatile stocks in DE Market12.4%
10% least volatile stocks in DE Market2.5%

Stable Share Price: FO8's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: FO8's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
200015,472Ken Xiewww.fortinet.com

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions.

Fortinet, Inc. Fundamentals Summary

How do Fortinet's earnings and revenue compare to its market cap?
FO8 fundamental statistics
Market cap€99.34b
Earnings (TTM)€1.82b
Revenue (TTM)€6.47b
54.4x
P/E Ratio
15.3x
P/S Ratio

Is FO8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FO8 income statement (TTM)
RevenueUS$7.53b
Cost of RevenueUS$1.49b
Gross ProfitUS$6.04b
Other ExpensesUS$3.92b
EarningsUS$2.12b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.89
Gross Margin80.20%
Net Profit Margin28.17%
Debt/Equity Ratio32.0%

How did FO8 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/09 08:03
End of Day Share Price 2026/09/09 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fortinet, Inc. is covered by 69 analysts. 42 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ellie BagshawArete Research Services LLP
Shrenik KothariBaird
Danny KaplanBarclays

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