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Market Cap 58.36B P/E 62.98 EPS this Y 24.50% Ern Qtrly Grth 42.60%
Income 1.31B Forward P/E 42.71 EPS next Y 10.80% 50D Avg Chg 1.00%
Sales 5.54B PEG 2.45 EPS past 5Y 35.52% 200D Avg Chg 21.00%
Dividend N/A Price/Book 4,954.67 EPS next 5Y 15.36% 52W High Chg -9.00%
Recommedations 2.50 Quick Ratio 1.19 Shares Outstanding 764.91M 52W Low Chg 74.00%
Insider Own 17.50% ROA 11.60% Shares Float 642.84M Beta 1.00
Inst Own 70.74% ROE 430.88% Shares Shorted/Prior 14.52M/12.98M Price 74.32
Gross Margin 78.09% Profit Margin 23.71% Avg. Volume 5,308,030 Target Price 73.79
Oper. Margin 30.40% Earnings Date Oct 31 Volume 5,588,095 Change -4.75%
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
11/22/24 Fortinet, Inc. (FTNT) Sees Price Target Boost Amid AI-Driven Cybersecurity Innovations
11/22/24 Is Fortinet (FTNT) Outperforming Other Computer and Technology Stocks This Year?
11/21/24 Scotiabank Raises Fortinet, Inc. (FTNT) Price Target to $110, Highlighting AI-Driven Growth and Hardware Refresh Cycle
11/21/24 Palo Alto Networks Stock Gets RS Rating Upgrade
11/21/24 Fortinet, Inc. (FTNT) Eyes Major Growth with AI-Driven Cybersecurity and Upcoming Product Refresh
11/20/24 Fortinet, Inc (FTNT)’s AI-Driven Cybersecurity: Key Insights from BMO Capital’s Analyst Day
11/20/24 Fortinet price target raised to $85 from $80 at Wells Fargo
11/19/24 3 Internet Software Stocks to Buy for Growth & Momentum: FIVN, FTNT, TOST
11/19/24 Fortinet (FTNT) and Nvidia (NVDA) Are Aggressive Growth Stocks
11/19/24 Fortinet Targets 45% Growth-Margin Combo, $450 Million Refresh Boost: Analysts See Big Upside
11/19/24 Fortinet, Inc (FTNT) Set for Growth: AI-Driven Cybersecurity and a Promising Price Target
11/19/24 Fortinet Lays Out Medium Term Financial Targets, Expects Firewall Rebound
11/18/24 Fortinet, Inc. (FTNT) Enhances Cybersecurity Solutions with GenAI-Powered Updates
11/18/24 Fortinet Inc (FTNT) Expands GenAI Capabilities with New FortiAI Integrations
11/18/24 Fortinet's (NASDAQ:FTNT) five-year total shareholder returns outpace the underlying earnings growth
11/16/24 Fortinet, Inc. (FTNT): Susquehanna Raises Target to $90 Amid Strong Q3 Performance and AI-Driven Cybersecurity Growth
11/16/24 Is Fortinet, Inc. (FTNT) AI News Update Taking Wall Street by Storm?
11/16/24 This Supercharged Stock Has Jumped 70% Since August, but Can It Sustain Its Magnificent Rally?
11/16/24 BMO Capital Raises Fortinet, Inc. (FTNT) Price Target to $88 Amid Mixed Quarter and Strong Cash Flow
11/15/24 Cybersecurity Stocks To Watch: Fortinet Investor Day, Palo Alto Earnings Due
FTNT Chatroom

User Image CUBBY91 Posted - 11 hours ago

$ZS catch up trade here. 218 breaks and it can take off. $CRWD $PANW $FTNT

User Image AbovetheGreenLine Posted - 1 day ago

Swing Trade Buy on the Close for Fortinet Inc. $FTNT, but the Volume is not high. https://abovethegreenline.com/wp-content/uploads/2021/01/

User Image Smegma_Producer Posted - 1 day ago

$CRWD $CRM $FTNT PAMP EEEEEEET!!!!!!!!!!!!!!!!

User Image erevnon Posted - 2 days ago

Truist Securities reiterates Fortinet $FTNT at Buy and raises the price target from $85 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image 30DeltaSpy Posted - 2 days ago

$FTNT bullish

User Image Thestocktraderhubzee Posted - 2 days ago

$FTNT Scotiabank Maintains Sector Outperform on Fortinet, Raises Price Target to $110

User Image Roman05042022 Posted - 2 days ago

$FTNT $FIVN $TOST

User Image TalkMarkets Posted - 2 days ago

3 Internet Software Stocks To Buy For Growth & Momentum: FIVN, FTNT, TOST $FTNT $FIVN $TOST https://talkmarkets.com/content/stocks--equities/3-internet-software-stocks-to-buy-for-growth--momentum-fivn-ftnt-tost?post=469861

User Image IN0V8 Posted - 3 days ago

$FTNT Opportunity BMO raises target price to $100 from $88 BofA Global Research raises price objective to $104 from $87 Deutsche Bank raises target price to $90 from $77 JP Morgan raises target price to $99 from $84 Morgan Stanley raises target price to $106 from $105 Piper Sandler raises target price to $100 from $80 Stifel raises target price to $90 from $84 TD Cowen raises target price to $105 from $90 UBS raises target price to $98 from $83 Wedbush raises target price to $105 from $90 Wells Fargo raises target price to $85 from $80

User Image erevnon Posted - 3 days ago

Wedbush maintains Fortinet $FTNT at Outperform and raises the price target from $90 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image Thestocktraderhubzee Posted - 3 days ago

$FTNT TD Cowen Maintains Buy on Fortinet, Raises Price Target to $105

User Image erevnon Posted - 3 days ago

Baird maintains Fortinet $FTNT at Outperform and raises the price target from $95 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image erevnon Posted - 3 days ago

Deutsche Bank maintains Fortinet $FTNT at Hold and raises the price target from $77 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image DonCorleone77 Posted - 4 days ago

$FTNT Oppenheimer comes away 'mixed' following Fortinet Investor Day Oppenheimer analyst Ittai Kidron maintained a Perform rating on Fortinet following the company's Investor Day, where Fortinet offered "underwhelming 3-5 year targets given a compelling growth opportunity." The firm was hoping for "stronger top-line outlook," and noted that with a strong run in the shares year-to-date, it sees the outlook falling "short of expectations."

User Image Hammrrd Posted - 4 days ago

@Sassy423 @dilsam @BR348 I thought $NET $FTNT $APLD and $NXT

User Image 100Financial Posted - 4 days ago

$FTNT Congrats everyone who is riding it down with our alerts all the way from 99. Exit PTs will be sent today.

User Image stockwatcherking Posted - 4 days ago

$FTNT Wtf is going on here. Sudden sell off.

User Image stockwatcherking Posted - 4 days ago

$FTNT ITM calls. Its a better buy than PLTR

User Image peloswing Posted - 6 days ago

Fortinet $FTNT will hold its Analyst Day event at 10:15am on Monday (the 15th anniversary of the company's IPO) 🚨 Bank of America $BAC expects Fortinet will give updates on long-term guidance/expectations 👀

User Image cubie Posted - 1 week ago

@ribbey @simon58 @judgeyoung2 @Alvi722 @jenbunn @Ollip @EBE_Day @TraderRapp @tonyctl @lukenight why $ftnt drop

User Image seet79 Posted - 1 week ago

$FTNT this company is way superior than crowdscrew

User Image Stocksrunner Posted - 1 week ago

Here’s a midweek snapshot of some stocks catching the attention of big-money traders! Keep an eye on $ASML, $BKNG, $CORZ, $FICO, and $FTNT – unusual options activity today could signal some big moves ahead. https://stocksrunner.com/posts/1369

User Image TheStockTraderHub Posted - 1 week ago

$FTNT $100+ TARGET HIT ✅️

User Image legendary4090 Posted - 1 week ago

$FTNT $S $FSLY momentum is returning to infosec stocks, "There's just a lot of upside in security. That's why it's going to be such an important focus for us in '25."

User Image CasperPuff Posted - 1 week ago

$FTNT

User Image Boring_Kitty Posted - 1 week ago

$FTNT 💯 %

User Image IsabellaDC Posted - 1 week ago

$FTNT We are about to 100 now nephew! I hope you are tuning in. :)

User Image DigitalAssetSolutions Posted - 1 week ago

$FTNT smashes through 100$ straight to 120$

User Image fitdip Posted - 1 week ago

$FTNT Eyes on this for Calls above 100

User Image StratSoldier Posted - 1 week ago

$FTNT full timeframe continuity to the upside. This is what you what your winning positions to look like. #TheStrat https://share.trendspider.com/chart/FTNT/48002f6qfb1

Analyst Ratings
Citigroup Neutral Sep 13, 24
Susquehanna Neutral Aug 8, 24
Citigroup Neutral Aug 7, 24
Scotiabank Sector Outperform Aug 7, 24
Cantor Fitzgerald Neutral Aug 7, 24
Deutsche Bank Hold Aug 7, 24
JP Morgan Neutral Aug 7, 24
RBC Capital Sector Perform Aug 7, 24
Baird Outperform Aug 7, 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