FTNT Stock Overview
Provides cybersecurity and convergence of networking and security solutions worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for FTNT from our risk checks.
Fortinet, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$94.02 |
| 52 Week High | US$100.59 |
| 52 Week Low | US$50.65 |
| Beta | 1.0 |
| 11 Month Change | 14.05% |
| 3 Month Change | 25.81% |
| 1 Year Change | 77.50% |
| 33 Year Change | 41.07% |
| 5 Year Change | 346.74% |
| Change since IPO | 5,557.04% |
Recent News & Updates
Results: Fortinet, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 12
Fortinet: The Good News Keeps Coming
Nov 12Is Fortinet, Inc. (NASDAQ:FTNT) Trading At A 36% Discount?
Nov 04Recent updates
Results: 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 22At 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 31Earnings Beat: Fortinet, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 09Fortinet: Market Overreaction Seems Unwarranted
May 08Why The 35% Return On Capital At Fortinet (NASDAQ:FTNT) Should Have Your Attention
Apr 29Fortinet Q1 Earnings Preview: It's All About SASE
Apr 26Are Investors Undervaluing Fortinet, Inc. (NASDAQ:FTNT) By 32%?
Apr 13Do Fortinet's (NASDAQ:FTNT) Earnings Warrant Your Attention?
Mar 28Fortinet: Soft Demand Creating Elevated Stock Risk
Mar 25Fortinet: Adapting To New Dynamics Of Cybersecurity Industry
Mar 12At US$66.96, Is It Time To Put Fortinet, Inc. (NASDAQ:FTNT) On Your Watch List?
Feb 23Fortinet: Excellent Business To Surf The Secular Trend, But Valuations Remain Enriched
Feb 13Fortinet, Inc. (NASDAQ:FTNT) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 08Fortinet: Don't Wait Until This Cybersecurity Leader Regains Its All-Time Highs
Feb 03There's Reason For Concern Over Fortinet, Inc.'s (NASDAQ:FTNT) Price
Jan 21Fortinet, Inc.'s (NASDAQ:FTNT) Intrinsic Value Is Potentially 34% Above Its Share Price
Jan 08The Trend Of High Returns At Fortinet (NASDAQ:FTNT) Has Us Very Interested
Dec 25Is Now The Time To Put Fortinet (NASDAQ:FTNT) On Your Watchlist?
Dec 11Is Fortinet (NASDAQ:FTNT) A Risky Investment?
Nov 13When Should You Buy Fortinet, Inc. (NASDAQ:FTNT)?
Oct 16An Intrinsic Calculation For Fortinet, Inc. (NASDAQ:FTNT) Suggests It's 39% Undervalued
Oct 02The Trend Of High Returns At Fortinet (NASDAQ:FTNT) Has Us Very Interested
Sep 17Here's Why We Think Fortinet (NASDAQ:FTNT) Might Deserve Your Attention Today
Aug 27Fortinet (NASDAQ:FTNT) Has A Rock Solid Balance Sheet
Aug 13At US$78.92, Is It Time To Put Fortinet, Inc. (NASDAQ:FTNT) On Your Watch List?
Jul 16Calculating The Fair Value Of Fortinet, Inc. (NASDAQ:FTNT)
Jul 02We Think Fortinet (NASDAQ:FTNT) Might Have The DNA Of A Multi-Bagger
Jun 18Should You Be Adding Fortinet (NASDAQ:FTNT) To Your Watchlist Today?
May 22Shareholder Returns
| FTNT | US Software | US Market | |
|---|---|---|---|
| 7D | -0.5% | -1.5% | -1.0% |
| 1Y | 77.5% | 23.7% | 30.3% |
Return vs Industry: FTNT exceeded the US Software industry which returned 23.7% over the past year.
Return vs Market: FTNT exceeded the US Market which returned 30.3% over the past year.
Price Volatility
| FTNT volatility | |
|---|---|
| FTNT Average Weekly Movement | 4.5% |
| Software Industry Average Movement | 7.4% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.7% |
| 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 (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 13,986 | Ken Xie | 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
| FTNT fundamental statistics | |
|---|---|
| Market cap | US$70.86b |
| Earnings (TTM) | US$1.53b |
| Revenue (TTM) | US$5.71b |
47.1x
P/E Ratio12.6x
P/S RatioIs FTNT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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
Next Earnings Date
n/a
| 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