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FTNT - Fortinet, Inc.
Market Cap 58.36B P/E 62.98 EPS this Y 8.60% Ern Qtrly Grth 20.80%
Income 1.2B Forward P/E 42.71 EPS next Y 10.70% 50D Avg Chg 1.00%
Sales 5.4B PEG 2.33 EPS past 5Y 35.68% 200D Avg Chg 21.00%
Dividend N/A Price/Book 4,954.67 EPS next 5Y 14.85% 52W High Chg -9.00%
Recommedations 2.50 Quick Ratio 1.06 Shares Outstanding 763.94M 52W Low Chg 74.00%
Insider Own 17.49% ROA 11.08% Shares Float 641.97M Beta 1.09
Inst Own 70.35% ROE - Shares Shorted/Prior 16.14M/13.19M Price 74.32
Gross Margin 77.13% Profit Margin 22.23% Avg. Volume 5,308,030 Target Price 71.10
Oper. Margin 23.65% Earnings Date Aug 1 Volume 5,588,095 Change -4.75%
Technology | Software - Infrastructure | United States
About Fortinet, Inc.

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. In addition, it offers security operations solutions comprising FortiAI generative AI assistant, FortiSIEM security information and event management, FortiSOAR security orchestration, automation and response, FortiEDR endpoint detection and response, FortiXDR extended detection and response, FortiMDR managed detection and response service, FortiNDR network detection and response, FortiRecon digital risk protection, FortiDeceptor deception technology, FortiGuard SoCaaS, FortiSandbox sandboxing, FortiGuard incident response, and other products. Further, the company offers FortiGuard security services consisting of FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training services to customers and channel partners, as well as operates a FortiGuard Lab, a cybersecurity threat intelligence and research organization. It serves enterprise, communication and security service providers, government organizations, and small and medium-sized businesses. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.

Fortinet, Inc. News
05/15/24 DGR Systems Achieves Top Fortinet Service Program Designation - EPSP
05/11/24 Is This Top Cybersecurity Stock Now Dead Money?
05/10/24 Fortinet, Inc. (FTNT) Is a Trending Stock: Facts to Know Before Betting on It
05/07/24 12 Best Artificial Intelligence Stocks to Buy Now According to Wall Street Analysts
05/07/24 Fortinet Reaffirms Its Commitment to Secure Product Development Processes and Responsible Vulnerability Disclosure Policies
05/07/24 Is Fortinet Stock a Buy on the Dip?
05/07/24 Here is What to Know Beyond Why Fortinet, Inc. (FTNT) is a Trending Stock
05/06/24 Why Fortinet (FTNT) is a Top Growth Stock for the Long-Term
05/06/24 International Markets and Fortinet (FTNT): A Deep Dive for Investors
05/06/24 Fortinet Threat Research Finds Cybercriminals Are Exploiting New Industry Vulnerabilities 43% Faster than 1H 2023
05/06/24 Cybersecurity Stocks To Watch Amid Shift To AI, Cloud
05/04/24 Fortinet First Quarter 2024 Earnings: Beats Expectations
05/03/24 These Stocks Moved the Most Today: Apple, Amgen, Expedia, Coinbase, Cloudflare, Fortinet, Live Nation, and More
05/03/24 Fortinet and Cloudflare Stocks Are Sinking. ‘Uncertainty Is Up’ in Cybersecurity.
05/03/24 Stocks to Watch Friday: Amgen, Apple, Exxon
05/03/24 Fortinet, Inc. (NASDAQ:FTNT) Q1 2024 Earnings Call Transcript
05/03/24 Firewall Market Blues: Fortinet Earnings Top Views While Billings Miss
05/03/24 Cloudflare, Block, Fortinet, Palo Alto, and Other Tech Stocks in Focus Today
05/03/24 Cloudflare Plunges After Disappointing Revenue Outlook
05/03/24 Fortinet (FTNT) Q1 Earnings Beat Expectations, Sales Rise Y/Y
FTNT Chatroom

User Image Clargy Posted - 21 hours ago

$FTNT Sellers are exhausted down here at the midpoint.. time to move back on up.

User Image DavyDaveCharts Posted - 1 day ago

$FTNT discount below the bullish OB, if buyers don’t step in there.

User Image QuiverQuant Posted - 3 days ago

CONGRESSIONAL TRADING: Senator Tuberville, Tommy disclosed a sale (full) of $1,001 - $15,000 of $FTNT on 2024-05-15.

User Image Cashcow777 Posted - 3 days ago

🔥 In the past month, $PANW has shown a significant rebound with a 12.60% increase, which is competitive with $CRWD's 13.59%, and notably better than other peers like $FTNT, $ZS, and $NET, which posted gains of -5.36%, 4.76%, and -17.88% respectively. https://www.ainvest.com/news/24051010ea810b40e4dc1d02/

User Image Holymackeral Posted - 3 days ago

$FTNT ….Kitty Kitty Kitty

User Image scalpemfast Posted - 3 days ago

$FTNT

User Image Dr_Stoxx Posted - 4 days ago

$FTNT $PANW $CYBR

User Image Options_Destroyer Posted - 5 days ago

$FTNT even more ! should be $61.00 soon

User Image HIA14 Posted - 6 days ago

$FTNT steady move!

User Image Options_Destroyer Posted - 6 days ago

$FTNT more more !

User Image BEARHODL Posted - 6 days ago

$FTNT lovely so cheap

User Image windycity4 Posted - 1 week ago

$FTNT adding in low to mid $57

User Image green_going_up Posted - 1 week ago

$ARQQ Imagine you could find a simple API that you could plug into networks to provide robust quantum security. Imagine this firm had partnerships with $INTC, $DELL, $FTNT, many other tech firms and Western government agencies. Imagine management was acquiring stock to help fund expansion. Imagine this firm also had highly secure digital negotiable instruments (DNIs), enabling businesses to use DNIs to get easy access to new pools of working capital to help it streamline supply-chain costs. AND, imagine this firm had an Enterprise Value <$55 million. Oh, wait, you can find this firm for $0.40 on a major stock exchange.

User Image BullYa Posted - 1 week ago

$FTNT undervalued stock. Great buy!

User Image Process Posted - 1 week ago

$FTNT basically every other stock in the USA either goes up 🆙 or gets dinged for earnings but then recovers except for this one ☝️

User Image nurseintime Posted - 1 week ago

$FTNT starting a position here. Sell off is overblown. Financials are good and they are well positioned for long-term success

User Image Bobaloo66 Posted - 1 week ago

$FTNT waiting for mid to low $57’s

User Image Options_Destroyer Posted - 1 week ago

$FTNT started a new position . great value

User Image BullYa Posted - 1 week ago

$FTNT 📈60-62 range today 📈

User Image BullYa Posted - 1 week ago

$FTNT @@ forward to $65 in a next few weeks

User Image planetlearn Posted - 1 week ago

$FTNT BE on the alert. FTNT is breaking down and attracting short sellers.

User Image Rinarip78 Posted - 1 week ago

$FTNT what happened?

User Image Mrs_BlackINKEconomics Posted - 1 week ago

On the list today 👀 $FTNT calls $EAF and $RELI commons (high risk, but EAF has had some big insider buys recently) $MED calls, so beat down has to have a recovery day soon. Yesterday wasn’t enough imo $AKAN high risk penny marijuana stock, if more macro pr comes out they all spike, and AKAN is always one of the most volatile. Very risky though, SNDL might be a less risky MJ play if one has a weak heart 🤷‍♀️

User Image Stock_Titan Posted - 1 week ago

$FTNT Fortinet Reaffirms Its Commitment to Secure Product Development Processes and Responsible Vulnerability Disclosure Policies https://www.stocktitan.net/news/FTNT/fortinet-reaffirms-its-commitment-to-secure-product-development-tldrzy2ccq39.html

User Image FIREGirl420 Posted - 1 week ago

Even $PANW is a mess $DDOG $NET $FTNT

User Image Dr_Stoxx Posted - 1 week ago

$CLOU and $HACK similar charts and getting tight. $PANW $CRWD $FTNT

User Image BullYa Posted - 1 week ago

$FTNT 60-62 today

User Image BullYa Posted - 1 week ago

$FTNT 👀 $65 at end of week

User Image ridhwan1820 Posted - 1 week ago

$FTNT is this a better buy compared to meta

User Image Process Posted - 2 weeks ago

$FTNT I tried to warn yous

Analyst Ratings
Susquehanna Neutral May 6, 24
Scotiabank Sector Outperform May 3, 24
JP Morgan Neutral May 3, 24
HSBC Reduce May 3, 24
Wells Fargo Equal-Weight May 3, 24
RBC Capital Sector Perform May 3, 24
Morgan Stanley Overweight May 3, 24
Evercore ISI Group In-Line May 3, 24
BMO Capital Market Perform May 3, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Nov 01 Sell 50.26 8,918 448,219 25,730 11/03/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Nov 01 Option 0 9,420 35,155 11/03/23
Hu Jean X. Director Director Sep 30 Option 0.00 826 29,452 10/02/23
Hsieh Ming Director Director Sep 30 Option 0.00 826 53,087 10/02/23
GOLDMAN KENNETH A Director Director Sep 30 Option 0.00 826 16,872 10/02/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Sep 21 Sell 59.46 7,530 447,734 25,730 09/22/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Sep 21 Option 28.65 7,530 215,734 33,260 09/22/23
Jensen Keith CFO & Chief Accounti.. CFO & Chief Accounting Officer Aug 23 Sell 59.08 24,715 1,460,162 4,583 08/24/23
Jensen Keith CFO & Chief Accounti.. CFO & Chief Accounting Officer Aug 23 Option 28.65 24,715 708,085 29,293 08/24/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Aug 21 Sell 58.29 7,535 439,215 25,730 08/22/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Aug 21 Option 28.65 7,535 215,878 33,265 08/22/23
Jensen Keith CFO & Chief Accounti.. CFO & Chief Accounting Officer Aug 18 Sell 57.2033 5,100 291,737 4,578 08/21/23
Xie Michael VP, Engineering & CT.. VP, Engineering & CTO Aug 01 Sell 75.97 5,885 447,083 29,727,018 08/03/23
Xie Michael VP, Engineering & CT.. VP, Engineering & CTO Aug 01 Option 0 11,675 29,738,693 08/03/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Aug 01 Sell 75.18 8,923 670,831 25,730 08/03/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Aug 01 Option 0 9,425 35,155 08/03/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Jun 21 Sell 71.43 7,530 537,868 25,730 06/22/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Jun 21 Option 28.65 7,530 215,734 33,260 06/22/23
Jensen Keith CFO & Chief Accounti.. CFO & Chief Accounting Officer May 23 Sell 68.4 24,710 1,690,164 4,572 05/24/23
Jensen Keith CFO & Chief Accounti.. CFO & Chief Accounting Officer May 23 Option 28.65 24,710 707,942 29,282 05/24/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. May 22 Sell 70.37 7,535 530,238 25,730 05/23/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. May 22 Option 28.65 7,535 215,878 33,265 05/23/23
Xie Michael VP, Engineering & CT.. VP, Engineering & CTO May 01 Sell 61.91 5,826 360,688 29,727,018 05/03/23
Xie Michael VP, Engineering & CT.. VP, Engineering & CTO May 01 Option 0 11,675 29,738,693 05/03/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. May 01 Option 0 9,420 35,150 05/03/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. May 01 Sell 61.27 8,947 548,183 25,730 05/03/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Apr 21 Sell 66.91 7,530 503,832 25,730 04/24/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Apr 21 Option 28.65 7,530 215,734 33,260 04/24/23
NEUKOM WILLIAM H. Director Director Apr 11 Buy 67.3978 423 28,509 289,966 04/14/23
NEUKOM WILLIAM H. Director Director Mar 31 Option 0.00 1,033 289,543 04/14/23
Jensen Keith CFO & Chief Accounti.. CFO & Chief Accounting Officer Feb 23 Sell 60.23 98,374 5,925,066 4,569 02/24/23
Jensen Keith CFO & Chief Accounti.. CFO & Chief Accounting Officer Feb 23 Option 24.73 78,895 1,951,073 102,943 02/24/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Feb 09 Sell 59.54 575,494 34,264,913 25,730 02/10/23
Perche Patrice Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. Feb 09 Option 21 435,490 9,145,290 601,224 02/10/23
Xie Michael VP, Engineering & CT.. VP, Engineering & CTO Feb 01 Sell 53.96 240,046 12,952,882 29,727,018 02/02/23
Xie Michael VP, Engineering & CT.. VP, Engineering & CTO Feb 01 Option 0.95 249,525 237,049 29,967,064 02/02/23
Sim Judith Director Director Dec 31 Option 0.00 1,033 137,690 01/05/23
NEUKOM WILLIAM H. Director Director Dec 31 Option 0.00 1,033 284,045 01/05/23
Hu Jean X. Director Director Dec 31 Option 0.00 1,033 26,560 01/05/23
Hsieh Ming Director Director Dec 31 Option 0.00 1,033 50,195 01/05/23
GOLDMAN KENNETH A Director Director Dec 31 Option 0.00 1,033 13,980 01/05/23
Jensen Keith CFO & Chief Accounti.. CFO & Chief Accounting Officer Nov 17 Sell 54.53 250 13,632 10,920 11/18/22
GOLDMAN KENNETH A Director Director Sep 30 Option 0.00 1,032 12,947 10/03/22
Hsieh Ming Director Director Sep 30 Option 0.00 1,032 49,162 10/03/22
STAVRIDIS JAMES G. Director Director Sep 30 Option 0.00 1,032 3,667 10/03/22
Sim Judith Director Director Sep 30 Option 0.00 1,032 136,657 10/03/22
NEUKOM WILLIAM H. Director Director Sep 30 Option 0.00 1,032 283,012 10/03/22
Hu Jean X. Director Director Sep 30 Option 0.00 1,032 25,527 10/03/22
Xie Ken President & CEO President & CEO Aug 18 Option 4.766 300,000 1,429,800 63,248,610 08/18/22
Xie Michael VP, Engineering & CT.. VP, Engineering & CTO Aug 01 Option 0 16,400 29,788,520 08/03/22