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Fortinet LSE:0IR9 Stock Report

Last Price

US$66.83

Market Cap

US$51.3b

7D

-2.3%

1Y

2.4%

Updated

28 Mar, 2024

Data

Company Financials +

0IR9 Stock Overview

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide.

0IR9 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance5/6
Financial Health2/6
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$66.83
52 Week HighUS$81.20
52 Week LowUS$43.64
Beta1.08
1 Month Change-4.26%
3 Month Change14.16%
1 Year Change2.43%
3 Year Change79.03%
5 Year Change291.37%
Change since IPO628.63%

Recent News & Updates

Recent updates

Shareholder Returns

0IR9GB SoftwareGB Market
7D-2.3%0.5%2.3%
1Y2.4%28.4%2.7%

Return vs Industry: 0IR9 underperformed the UK Software industry which returned 28.4% over the past year.

Return vs Market: 0IR9 matched 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 Movement4.3%
Software Industry Average Movement5.4%
Market Average Movement4.8%
10% most volatile stocks in GB Market11.3%
10% least volatile stocks in GB Market2.5%

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

Volatility Over Time: 0IR9's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200013,568Ken Xiehttps://www.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$51.33b
Earnings (TTM)US$1.15b
Revenue (TTM)US$5.30b

44.7x

P/E Ratio

9.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0IR9 income statement (TTM)
RevenueUS$5.30b
Cost of RevenueUS$1.24b
Gross ProfitUS$4.07b
Other ExpensesUS$2.92b
EarningsUS$1.15b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.50
Gross Margin76.68%
Net Profit Margin21.64%
Debt/Equity Ratio-214.1%

How did 0IR9 perform over the long term?

See historical performance and comparison
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