FTNT Stock Overview
Provides cybersecurity and convergence of networking and security solutions worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for FTNT from our risk checks.
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Fortinet, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$104.51 |
| 52 Week High | US$114.82 |
| 52 Week Low | US$54.57 |
| Beta | 1.17 |
| 1 Month Change | 0.29% |
| 3 Month Change | -3.24% |
| 1 Year Change | 80.19% |
| 3 Year Change | 72.33% |
| 5 Year Change | 274.37% |
| Change since IPO | 6,188.21% |
Recent News & Updates
Recent updates
Fortinet: Buy For Their Diversified And SASE Segment Growth
May 06Optimistic Investors Push Fortinet, Inc. (NASDAQ:FTNT) Shares Up 25% But Growth Is Lacking
May 04
Fortinet: Three Major Growth Catalysts
Apr 25Is Fortinet, Inc. (NASDAQ:FTNT) Potentially Undervalued?
Mar 26Fortinet (NASDAQ:FTNT) Could Easily Take On More Debt
Mar 03Fortinet: Capitalizing On Hardware Firewall Upgrades For Future Growth
Feb 26Why The 32% Return On Capital At Fortinet (NASDAQ:FTNT) Should Have Your Attention
Feb 17If EPS Growth Is Important To You, Fortinet (NASDAQ:FTNT) Presents An Opportunity
Feb 03As Billings Growth Turns Negative, I'm Bearish On Fortinet
Jan 22Fortinet, Inc.'s (NASDAQ:FTNT) Price Is Out Of Tune With Earnings
Jan 06Fortinet: Solid Growth But Overvalued After Recent Run
Dec 19Fortinet: Cybersecurity Could Be A Critical Theme In 2025 And I Am Still Bullish
Dec 13When Should You Buy Fortinet, Inc. (NASDAQ:FTNT)?
Dec 09Is Fortinet (NASDAQ:FTNT) Using Too Much Debt?
Nov 25Results: Fortinet, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 12Fortinet: The Good News Keeps Coming
Nov 12Is Fortinet, Inc. (NASDAQ:FTNT) Trading At A 36% Discount?
Nov 04Does Fortinet (NASDAQ:FTNT) Deserve A Spot On Your Watchlist?
Oct 21Fortinet: On The Road To Recovery (Rating Upgrade)
Oct 10Returns On Capital Are A Standout For Fortinet (NASDAQ:FTNT)
Sep 23Fortinet: A Strategic Investment Opportunity In The Cybersecurity Sector
Sep 15Fortinet: Margins On Steroids (Rating Upgrade)
Sep 09Market Participants Recognise Fortinet, Inc.'s (NASDAQ:FTNT) Earnings Pushing Shares 32% Higher
Aug 27Is Fortinet (NASDAQ:FTNT) A Risky Investment?
Aug 22
Leveraging SASE Expansion And AI Tech To Propel Market Dominance And Revenue Surge
Expansion into Unified SASE and Secure Operation markets, alongside strategic acquisitions, positions Fortinet for potential revenue growth and market share increase.At US$68.68, Is It Time To Put Fortinet, Inc. (NASDAQ:FTNT) On Your Watch List?
Aug 09Fortinet Earnings: Solid As A Firewall, 20x Operating Profits (Rating Upgrade)
Aug 07Fortinet Q2 Preview: Billings Slowdown Overshadows SASE Progress (Ratings Downgrade)
Aug 01Fortinet, Inc. (NASDAQ:FTNT) Shares Could Be 41% Below Their Intrinsic Value Estimate
Jul 26Do Fortinet's (NASDAQ:FTNT) Earnings Warrant Your Attention?
Jul 11Fortinet Could Be One Of The Most Undervalued Cybersecurity Plays
Jul 09Fortinet: Nearing The Trough
Jun 28Fortinet, Inc.'s (NASDAQ:FTNT) Business Is Trailing The Market But Its Shares Aren't
Jun 09Fortinet: Slow Growth Continues To Impact
Jun 06Fortinet: Growth And Cash Flow Headwinds
May 31Fortinet: Market Overreaction Seems Unwarranted
May 08Fortinet Q1 Earnings Preview: It's All About SASE
Apr 26Fortinet: Soft Demand Creating Elevated Stock Risk
Mar 25Fortinet: Adapting To New Dynamics Of Cybersecurity Industry
Mar 12Shareholder Returns
| FTNT | US Software | US Market | |
|---|---|---|---|
| 7D | 0.9% | 0.4% | -0.3% |
| 1Y | 80.2% | 17.8% | 11.3% |
Return vs Industry: FTNT exceeded the US Software industry which returned 17.8% over the past year.
Return vs Market: FTNT exceeded the US Market which returned 11.3% over the past year.
Price Volatility
| FTNT volatility | |
|---|---|
| FTNT Average Weekly Movement | 7.1% |
| Software Industry Average Movement | 9.0% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in US Market | 17.2% |
| 10% least volatile stocks in US Market | 4.2% |
Stable Share Price: FTNT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FTNT's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 14,556 | Ken Xie | www.fortinet.com |
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers secure networking solutions that focus on the convergence of networking and security; network firewall solutions, which consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless local area network (LAN) solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless LAN access points, and FortiExtender 5G connectivity gateways. It also provides the Fortinet Unified Secure Access Service Edge (SASE) solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security.
Fortinet, Inc. Fundamentals Summary
| FTNT fundamental statistics | |
|---|---|
| Market cap | US$79.99b |
| Earnings (TTM) | US$1.88b |
| Revenue (TTM) | US$6.14b |
Is FTNT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FTNT income statement (TTM) | |
|---|---|
| Revenue | US$6.14b |
| Cost of Revenue | US$1.15b |
| Gross Profit | US$5.00b |
| Other Expenses | US$3.12b |
| Earnings | US$1.88b |
Last Reported Earnings
Mar 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.46 |
| Gross Margin | 81.34% |
| Net Profit Margin | 30.60% |
| Debt/Equity Ratio | 50.7% |
How did FTNT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/29 01:23 |
| End of Day Share Price | 2025/05/28 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 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 Github.
Analyst Sources
Fortinet, Inc. is covered by 79 analysts. 45 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 |
|---|---|
| Ellie Bagshaw | Arete Research Services LLP |
| Shrenik Kothari | Baird |
| Ishan Majumdar | Baptista Research |