company background image
0IR9 logo

Fortinet LSE:0IR9 Stock Report

Last Price

US$97.36

Market Cap

US$75.0b

7D

2.3%

1Y

63.7%

Updated

26 Dec, 2024

Data

Company Financials +

0IR9 Stock Overview

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

0IR9 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Fortinet, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fortinet
Historical stock prices
Current Share PriceUS$97.36
52 Week HighUS$100.56
52 Week LowUS$53.00
Beta1
1 Month Change1.75%
3 Month Change25.52%
1 Year Change63.70%
3 Year Change34.20%
5 Year Change345.49%
Change since IPO961.44%

Recent News & Updates

Recent updates

Shareholder Returns

0IR9GB SoftwareGB Market
7D2.3%-1.5%-0.6%
1Y63.7%4.8%2.7%

Return vs Industry: 0IR9 exceeded the UK Software industry which returned 4.8% over the past year.

Return vs Market: 0IR9 exceeded the UK Market which returned 2.7% over the past year.

Price Volatility

Is 0IR9's price volatile compared to industry and market?
0IR9 volatility
0IR9 Average Weekly Movement4.5%
Software Industry Average Movement5.6%
Market Average Movement4.8%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.6%

Stable Share Price: 0IR9 has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: 0IR9's weekly volatility (4%) 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?
0IR9 fundamental statistics
Market capUS$74.97b
Earnings (TTM)US$1.53b
Revenue (TTM)US$5.71b

49.0x

P/E Ratio

13.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0IR9 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 0IR9 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 19:17
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 world class team 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 .

Analyst Sources

Fortinet, Inc. is covered by 82 analysts. 41 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shrenik KothariBaird
Ishan MajumdarBaptista Research
Saket KaliaBarclays