Fortinet Inc FTNT

$139.10 -34.98 (-20.09%)

Valuation

Market cap
124,613,984,000
Revenue TTM
$6,799,600,000
Net income TTM
$1,853,400,000
PE ratio
59.51
Forward PE
58.12
Profit margin
27.26%
Debt to equity
0.32

Trading

Volume
17,329,301
Avg volume
4,173,696
Day's range
$127.40 – $139.44
Shares out
733,714,000
Stochastic %K
39%
Beta
1.06
Analysts
Sell
Price target
$173.89

Price

Company profile

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 Sec...

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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. In addition, the company offers the Fortinet Unified Secure Access Service Edge 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. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Industry
Software - Infrastructure
Sector
Technology
Phone
408 235 7700
Website
https://www.fortinet.com
Address
909 Kifer Road, Sunnyvale, United States

Latest news

Stocktwits

tste9 Oct 29, 10:34 PM
$FTNT Never seen the Barometer "at page top" that positive. I just bought. Boo Yaa, discount. gla.
0 replies
whymystockmoved Oct 29, 10:17 PM
$FTNT closed down 20% on Thursday after Q3 results that beat analysts' revenue and earnings estimates. What Fortinet reported: 1. Revenue +20% to $2.08B; billings +29% to $2.34B; adjusted EPS $0.91 vs $0.86 expected (Investing.com). 2. Product revenue +37%, service revenue +13%. 3. Full-year revenue and EPS outlook raised, but the service-revenue forecast was cut to $5.15–5.17B from $5.18–5.22B. Analysts: BofA cut the stock to Neutral with a $140 target (from $220). Jefferies (Hold) and Truist (Buy) cut their targets. On the call, the CFO blamed delayed service activation on large deals and said 2027 service revenue should grow faster than 2026's. Full breakdown: https://whymystockmoved.com/stocks/ftnt/2026-10-29-why-fortinet-stock-fell/
1 replies
nio11 Oct 29, 9:14 PM
$INTC if $NOW and $FTNT can get wacked hard on their ERs then this one should get slaughtered down over 30%
0 replies
tste9 Oct 29, 8:41 PM
$FTNT Welcome me aboard. Couldn't resist the dive. All because they have some postponed services. They whacked it out of the park ER like brewers GLA
0 replies
accretivewealth Oct 29, 8:30 PM
$SPY The moves we are seeing in $NOW, $FTNT, $GOOG, $INTC (AH) are reminiscent of the internet bubble burst in 2001 or Subprime in late 2008-2009. One day down moves of 20% or more in big name stocks were not uncommon. This is more of a "stealth bear market" though at this point because it is not yet widespread. Midterms and Iran bombing loom though. Capital preservation takes priority now.
1 replies
accretivewealth Oct 29, 8:18 PM
$INFQ One day "Bear Markets" for $INTC, $NOW, $FTNT. Don't see that very often. 20% + moves lower in one day. That is possible w/the advent of algorithmic trading where the computers just take over. $GOOG held for less than a 20% decline intraday (only 14% lower).
0 replies
DeltaThetaBravo Oct 29, 8:06 PM
$INTC HAIRCUT CITY OUT HERE $AMZN $GOOG $NOW $FTNT
0 replies
Idonno Oct 29, 8:00 PM
$FTNT Great cyber security company. Great earnings was very impressed. Market reaction was way overblown. Ignore the noise
0 replies