Fortinet (FTNT) Stock Overview
Provides cybersecurity and convergence of networking and security solutions worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for FTNT from our risk checks.
FTNT Community Fair Values
Create NarrativeSee what 466 others think this stock is worth. Follow their fair value or set your own to get alerts.
The silent guardian of the internet and one of the most profitable names in cybersecurity.
Fortinet, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$79.20 |
| 52 Week High | US$111.31 |
| 52 Week Low | US$70.12 |
| Beta | 1.05 |
| 1 Month Change | -3.07% |
| 3 Month Change | -2.38% |
| 1 Year Change | -26.04% |
| 3 Year Change | 32.80% |
| 5 Year Change | 141.57% |
| Change since IPO | 4,665.34% |
Recent News & Updates
Recent updates
Fortinet: Preparing The Growth
Feb 15Fortinet, Inc. (NASDAQ:FTNT) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Aug 20
The Architect of Integrated, High-Performance Security
When compared to other competitors, Fortinet's valuation makes a lot of sense. Fortinet is a model of profitability and operational efficiency.Fortinet, Inc. Just Recorded A 13% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 08Is It Too Late To Consider Buying Fortinet, Inc. (NASDAQ:FTNT)?
Aug 01Here's Why Fortinet (NASDAQ:FTNT) Has Caught The Eye Of Investors
Jul 19A Look At The Fair Value Of Fortinet, Inc. (NASDAQ:FTNT)
Jul 02Optimistic Investors Push Fortinet, Inc. (NASDAQ:FTNT) Shares Up 25% But Growth Is Lacking
May 04Fortinet: 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 26As Billings Growth Turns Negative, I'm Bearish On Fortinet
Jan 22Fortinet: Solid Growth But Overvalued After Recent Run
Dec 19Fortinet: Cybersecurity Could Be A Critical Theme In 2025 And I Am Still Bullish
Dec 13Fortinet: The Good News Keeps Coming
Nov 12Fortinet: On The Road To Recovery (Rating Upgrade)
Oct 10Shareholder Returns
| FTNT | US Software | US Market | |
|---|---|---|---|
| 7D | -3.0% | 0.7% | 0.6% |
| 1Y | -26.0% | -6.9% | 18.4% |
Return vs Industry: FTNT underperformed the US Software industry which returned -6.9% over the past year.
Return vs Market: FTNT underperformed the US Market which returned 18.4% over the past year.
Price Volatility
| FTNT volatility | |
|---|---|
| FTNT Average Weekly Movement | 4.8% |
| Software Industry Average Movement | 8.8% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.1% |
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 (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 15,015 | Ken Xie | www.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
| FTNT fundamental statistics | |
|---|---|
| Market cap | US$57.23b |
| Earnings (TTM) | US$1.85b |
| Revenue (TTM) | US$6.80b |
Is FTNT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FTNT income statement (TTM) | |
|---|---|
| Revenue | US$6.80b |
| Cost of Revenue | US$1.33b |
| Gross Profit | US$5.47b |
| Other Expenses | US$3.62b |
| Earnings | US$1.85b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.50 |
| Gross Margin | 80.46% |
| Net Profit Margin | 27.26% |
| Debt/Equity Ratio | 80.5% |
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 | 2026/02/26 11:10 |
| End of Day Share Price | 2026/02/26 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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.
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 65 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 |
|---|---|
| Ellie Bagshaw | Arete Research Services LLP |
| Shrenik Kothari | Baird |
| Saket Kalia | Barclays |