FTNT * Stock Overview Provides cybersecurity and convergence of networking and security solutions worldwide. More details
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Fortinet, Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Fortinet Historical stock prices Current Share Price US$1,955.79 52 Week High US$2,049.00 52 Week Low US$975.85 Beta 1 1 Month Change 2.09% 3 Month Change 30.21% 1 Year Change 93.64% 3 Year Change 35.48% 5 Year Change 454.05% Change since IPO 454.05%
Recent News & Updates
Fortinet, Inc. (NasdaqGS:FTNT) acquired Perception Point LTD. Dec 12
New major risk - Share price stability Dec 11
Fortinet Elevates Web Application Security and Performance with New Unified Platform Dec 03
Third quarter 2024 earnings released: EPS: US$0.71 (vs US$0.41 in 3Q 2023) Nov 08
Fortinet Expands Generative AI Capabilities Across Its Product Portfolio Nov 08
Fortinet Delivers AI-Enhanced Data Protection and Insider Risk Management Nov 02 See more updates
Fortinet, Inc. (NasdaqGS:FTNT) acquired Perception Point LTD. Dec 12
New major risk - Share price stability Dec 11
Fortinet Elevates Web Application Security and Performance with New Unified Platform Dec 03
Third quarter 2024 earnings released: EPS: US$0.71 (vs US$0.41 in 3Q 2023) Nov 08
Fortinet Expands Generative AI Capabilities Across Its Product Portfolio Nov 08
Fortinet Delivers AI-Enhanced Data Protection and Insider Risk Management Nov 02
Fortinet Expands Its Cloud-Native Security Offerings with the Introduction of Lacework FortiCNAPP Oct 09
Airtel Business Partners with Fortinet, Launches 'Airtel Secure Internet' - A Next-Gen, Secure Connectivity Solution for Enterprises Oct 07
Fortinet, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Oct 02
Now 21% undervalued Sep 26
Fortinet Announces the Addition of Sovereign SASE and Generative AI (GenAI) Capabilities to its Robust Unified SASE Solution Aug 27
Now 25% undervalued Aug 09
New major risk - Share price stability Aug 07
Second quarter 2024 earnings released: EPS: US$0.50 (vs US$0.34 in 2Q 2023) Aug 07
Fortinet, Inc. Provides Earnings Guidance for the Third Quarter and Full Fiscal Year 2024 Aug 07
Fortinet Announces Updates to its OT Security Platform Aug 06
Now 25% undervalued after recent price drop Jul 01
Now 20% undervalued after recent price drop Jun 20
Fortinet, Inc. (NasdaqGS:FTNT) signed a definitive agreement to acquire Lacework, Inc. Jun 10
Now 24% undervalued after recent price drop May 04
First quarter 2024 earnings released: EPS: US$0.39 (vs US$0.32 in 1Q 2023) May 03
Fortinet Unveils New FortiGate 200G Series to Deliver Cutting-Edge Performance and AI-Powered Security Services to the Modern Campus May 03
Fortinet, Inc., Annual General Meeting, Jun 14, 2024 Apr 28
Fortinet, Inc. to Report Q1, 2024 Results on May 02, 2024 Apr 03
Fortinet, Inc. Announces the Latest Version of Its FortiOS Operating System and Other Major Enhancements to the Cybersecurity Platform, the Fortinet Security Fabric Apr 02
Fortinet Appoints Maggie Wilderotter to the Board of Directors Feb 22
Full year 2023 earnings released: EPS: US$1.47 (vs US$1.08 in FY 2022) Feb 07
Fortinet, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024 Feb 07
Fortinet, Inc. Converges 5G Dual Modem, AI-Powered Security, and Zero Trust to Securely Connect and Protect Operational Technology Feb 06
John Whittle Joins Fortinet, Inc. as Chief Operating Officer Jan 19
Fortinet Adds Fortinet Advisor, a Generative AI (GenAI) Assistant, to its Portfolio of More Than 40 AI-Powered Offerings Dec 12
Fortinet, Inc. Announces Retirement of Patrice Perche as Chief Revenue Officer and Executive Vice President in Mid-2024 Dec 01
Now 20% undervalued after recent price drop Nov 28
Now 28% undervalued after recent price drop Nov 04
Third quarter 2023 earnings released: EPS: US$0.41 (vs US$0.29 in 3Q 2022) Nov 03
Fortinet, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023 Nov 03
Fortinet Announces the Expansion of Its Universal Sase Offering to Empower Today's Hybrid Workforce with Fortios Everywher Oct 26
Now 21% undervalued after recent price drop Oct 07
Now 20% undervalued after recent price drop Sep 13
Fortinet Expands its SASE Solution to Bring Cloud-Delivered Enterprise-Grade Protection to Microbranches Aug 30 Fortinet, Inc. Provides Earnings Guidance for the Third Quarter and Fiscal Year 2023 Aug 05
Second quarter 2023 earnings released: EPS: US$0.34 (vs US$0.22 in 2Q 2022) Aug 04 Fortinet Expands Its Secure Networking Portfolio to Further Drive the Convergence of Networking and Security
New minor risk - Share price stability Jun 09
Kyndryl Launches New Managed SASE Service with Fortinet May 09
Fortinet, Inc. Provides Revenue Guidance for the Second Quarter and Fiscal Year 2023 May 06
First quarter 2023 earnings released: EPS: US$0.32 (vs US$0.17 in 1Q 2022) May 06
Lead Independent Director recently bought Mex$519k worth of stock Apr 17
Fortinet, Inc. Provides Revenue Guidance for the First Quarter and Full Year 2023 Feb 09
Full year 2022 earnings released: EPS: US$1.08 (vs US$0.74 in FY 2021) Feb 08
Fortinet, Inc. Provides Revenue Guidance for the First Quarter and Full Year 2023 Feb 08
Fortinet, Inc. Unveils New ASIC to Accelerate the Convergence of Networking and Security Across Every Network Edge Feb 07
Now 22% undervalued after recent price drop Nov 19
High number of new directors Nov 17
Third quarter 2022 earnings released: EPS: US$0.29 (vs US$0.20 in 3Q 2021) Nov 04
Fortinet, Inc. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year 2022 Nov 04
Now 30% undervalued after recent price drop Nov 03 Fortinet, Inc. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year 2022
Fortinet Introduces Enhanced AIOps Capabilities Across its SD-WAN, Wired/Wireless, and 5G/LTE Gateway Portfolio Sep 28
Fortinet, Inc. Provides Revenue Guidance for the Third Quarter and Full Year of 2022 Aug 05
Second quarter 2022 earnings released: EPS: US$0.22 (vs US$0.17 in 2Q 2021) Aug 04
Fortinet Announces FortiGate 4800F Series of Hyperscale Firewalls Aug 04
High number of new and inexperienced directors Aug 01
Fortinet, Inc. Empowers Teams to Proactively Manage Cloud Risk with New Cloud-Native Protection Offering, Available Now on AWS Jul 27
Now 25% undervalued after recent price drop Jul 26
High number of new and inexperienced directors Jul 02
Fortinet, Inc. Announces Public Sector Advisory Council Jun 09
Fortinet Unveils New Digital Risk Protection Offering to Empower Security and Executive Teams with Attacker’s View of Enterprise Jun 07
Fortinet, Inc. Announces FortiNDR May 26
Fortinet, Inc. Announces FortiNDR May 25
Fortinet, Inc. Provides Earnings Guidance for the Second Quarter and Fiscal Year 2022 May 05
Fortinet, Inc., Annual General Meeting, Jun 17, 2022 May 03
Fortinet, Inc. Announces the Release of FortiOS 7.2 Apr 06 Fortinet Announces It Has Suspended Operations in Russia Mar 10
Investor sentiment deteriorated over the past week Mar 09
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Mar 01 Fortinet, Inc. Provides Financial Guidance for the First Quarter and Fiscal Year 2022
Third quarter 2021 earnings released: EPS US$1.00 (vs US$0.76 in 3Q 2020) Nov 07
Second quarter 2021 earnings released: EPS US$0.84 (vs US$0.71 in 2Q 2020) Jul 31
Fortinet Simplifies Network Operations by Enhancing Security Fabric with Digital Experience Monitoring Jun 09
Independent Director recently sold Mex$3.8m worth of stock Jun 04
Fortinet Extends FortiEDR Capabilities with Focus on Automation, Integration and Professional Services May 18
First quarter 2021 earnings released: EPS US$0.66 (vs US$0.61 in 1Q 2020) May 03
Fortinet, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2021 Apr 30
Investor sentiment improved over the past week Mar 13
AT&T Announces Alliance with Fortinet to Make Secure Access Service Edge (SASE) Mar 11
New 90-day high: Mex$3,575 Mar 02
Revenue beats expectations Feb 21
Full year 2020 earnings released: EPS US$2.98 (vs US$1.91 in FY 2019) Feb 06
Revenue beats expectations Feb 06
Fortinet Delivers SASE and Zero Trust Network Access Capabilities with Major Updates to its FortiOS Operating System Feb 05
New 90-day high: Mex$3,197 Feb 05
Fortinet Announces AI-powered XDR for Fully Automated Threat Detection, Investigation, and Response Jan 28 Shareholder Returns FTNT * MX Software MX Market 7D -0.3% 0% 0% 1Y 93.6% 0% 0%
See full shareholder returns
Return vs Industry: FTNT * exceeded the MX Software industry which returned 22.2% over the past year.
Return vs Market: FTNT * exceeded the MX Market which returned -14.1% over the past year.
Price Volatility Is FTNT *'s price volatile compared to industry and market? FTNT * volatility FTNT * Average Weekly Movement 6.2% Software Industry Average Movement 0% Market Average Movement 0% 10% most volatile stocks in MX Market 0% 10% least volatile stocks in MX Market 0%
Stable Share Price: FTNT *'s share price has been volatile over the past 3 months compared to the MX market.
Volatility Over Time: FTNT *'s weekly volatility (6%) has been stable over the past year, but is still higher than 75% of MX stocks.
About the Company 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.
Show more Fortinet, Inc. Fundamentals Summary How do Fortinet's earnings and revenue compare to its market cap? FTNT * fundamental statistics Market cap Mex$1.50t Earnings (TTM ) Mex$30.71b Revenue (TTM ) Mex$114.64b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) FTNT * income statement (TTM ) Revenue US$5.71b Cost of Revenue US$1.16b Gross Profit US$4.55b Other Expenses US$3.02b Earnings US$1.53b
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) 2.00 Gross Margin 79.71% Net Profit Margin 26.79% Debt/Equity Ratio 109.4%
How did FTNT * perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/22 05:11 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
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.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 .
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Analyst Sources Fortinet, Inc. is covered by 85 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.
Analyst Institution Shrenik Kothari Baird Ishan Majumdar Baptista Research Saket Kalia Barclays
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