Market Cap 114.81B
Revenue (ttm) 6.80B
Net Income (ttm) 1.85B
EPS (ttm) N/A
PE Ratio 59.43
Forward PE 56.84
Profit Margin 27.26%
Debt to Equity Ratio 0.50
Volume 4,625,500
Avg Vol 6,501,990
Day's Range N/A - N/A
Shares Out 732.65M
Stochastic %K 98%
Beta 1.09
Analysts Sell
Price Target $114.75

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 Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint prote...

Industry: Software - Infrastructure
Sector: Technology
Phone: 408 235 7700
Fax: 408 235 7737
Address:
909 Kifer Road, Sunnyvale, United States
IN0V8
IN0V8 Jul. 10 at 2:49 PM
$FTNT Opportunity BTIG raises target price to $186 from $150
0 · Reply
Fase93
Fase93 Jul. 10 at 2:42 PM
$FTNT Anyone know what's causing this drop ?
0 · Reply
ElliottwaveForecast
ElliottwaveForecast Jul. 10 at 11:32 AM
$FTNT should continue rally tageting 184.4 or higher in weekly within August-2025 rally Short term pullback should remain supported in 3, 7 or 11 swings to continue higher. Buyers can look for enter in extreme area in decent pullback. https://elliottwave-forecast.com/stock-market/ftnt-gains-momentum-targeting-200-milestone/ #Elliottwave #FTNT
0 · Reply
TendiePrinta
TendiePrinta Jul. 10 at 9:39 AM
$NET went short again right here. Looking for a big retrace in the next one to two weeks. Based on technicals and this report made. 50%+ Downside Expected. A ~$98B market cap on ~40x sales for a company still losing money after 15+ years. Google gives away competing CDN/security nearly free and just teamed with Accenture, which is itself buying up security firms to push its stack into Cloudflare’s key enterprise accounts. The rally is AI narrative, not AI revenue; one growth miss and the multiple gets cut in half. GGs $ORCL $GOOGL $FTNT
0 · Reply
ETAlpha
ETAlpha Jul. 9 at 9:58 PM
Zero FOMO. Zero chasing. Discipline always outlasts the market noise! Kept it tight today and did absolutely nothing. Just sat back and enjoyed the green tape on my core long runners, $FTNT and $CRWD! Even after getting stopped out of yesterday's $DELL trade, avoiding chasing today's gap ups proved to be the absolute right decision. Tons of fake-out reversals printed, but without clean momentum, sitting on my hands was the winning play. Full institutional dark pool flow maps and premium core structural levels for $FTNT and $CRWD pinned on my profile.
0 · Reply
Nick_Drendel
Nick_Drendel Jul. 9 at 8:40 PM
A look at how the leaders acted 7/9/26: 🔥 9/9 Up Today 📈 $ANET $FTNT $NET New All Time Closing Highs! 👍 Market-Wide Strength 🔁 FTNT In, GEV Out https://join.marketpulsetrader.com/NDST ALAB ANET CRDO CRWD DELL FTNT LLY NET PANW
0 · Reply
JFDI
JFDI Jul. 9 at 6:14 PM
$FTNT winners keep on winning
0 · Reply
Nasdaq_Frontier
Nasdaq_Frontier Jul. 9 at 5:42 PM
The market is not just a handful of AI/memory names. There are many other sectors and stocks acting incredibly well that most investors are missing. The rally has broadened far beyond the obvious AI and memory trade. Here are some of the key sectors and names to watch: Cybersecurity $CRWD $FTNT $NET $OKTA $PANW The market is proving an important point: the AI rally is not only about chips and memory. Capital is expanding into the next layer of AI infrastructure, and cybersecurity is one of the most overlooked beneficiaries. CRWD leads with AI-powered endpoint security and threat detection. FTNT maintains strong positioning in enterprise network protection. NET benefits from edge computing, secure networking, and growing AI traffic. OKTA provides critical identity security infrastructure for enterprises. PANW continues expanding through a broader security platform ecosystem. The faster AI grows, the greater the security demand becomes. Do you think cybersecurity is the next overlooked AI infrastructure winner?
0 · Reply
FutureScout
FutureScout Jul. 9 at 4:05 PM
$FTNT and $CRWD both holding up strong today, especially after the pre-market weakness. Looks like buyers stepped in fast and defended the names. Good tape on both so far.
0 · Reply
ElliottwaveForecast
ElliottwaveForecast Jul. 9 at 10:49 AM
$FTNT should continue rally targeting 184.4 in rally within August-2025 low in weekly Short term pullback in 3, 7 or 11 swings will remain supported to continue higher, explained in article at https://elliottwave-forecast.com/stock-market/ftnt-gains-momentum-targeting-200-milestone/ #Elliottwave #FTNT
0 · Reply
Latest News on FTNT
Fortinet price target raised to $186 from $150 at BTIG

2026-07-10T11:55:15.000Z - 3 hours ago

Fortinet price target raised to $186 from $150 at BTIG


Fortinet Up 100% YTD from AI Demand

Jul 8, 2026, 7:12 AM EDT - 2 days ago

Fortinet Up 100% YTD from AI Demand


Fortinet to Announce Second Quarter 2026 Financial Results

Jul 2, 2026, 9:00 AM EDT - 8 days ago

Fortinet to Announce Second Quarter 2026 Financial Results


Fortinet downgraded to Reduce from Hold at HSBC

2026-06-29T22:40:15.000Z - 10 days ago

Fortinet downgraded to Reduce from Hold at HSBC


Fortinet price target raised to $155 from $115 at Barclays

2026-06-12T09:25:08.000Z - 4 weeks ago

Fortinet price target raised to $155 from $115 at Barclays


Fortinet price target raised to $180 from $130 at BofA

2026-06-08T11:26:37.000Z - 4 weeks ago

Fortinet price target raised to $180 from $130 at BofA


Fortinet price target raised to $160 from $125 at TD Cowen

2026-06-08T09:05:07.000Z - 4 weeks ago

Fortinet price target raised to $160 from $125 at TD Cowen


Fortinet Transcript: Status update

Jun 2, 2026, 1:30 AM EDT - 5 weeks ago

Fortinet Transcript: Status update


Goldman Sachs reveals its top non-AI stocks

May 26, 2026, 11:08 PM EDT - 6 weeks ago

Goldman Sachs reveals its top non-AI stocks

CHWY LLY


See How Fortinet Gains on AI Demand, Institutional Inflows

May 15, 2026, 10:44 AM EDT - 2 months ago

See How Fortinet Gains on AI Demand, Institutional Inflows


Fortinet Earnings Call Transcript: Q1 2026

May 6, 2026, 4:30 PM EDT - 2 months ago

Fortinet Earnings Call Transcript: Q1 2026


Fortinet Slides: Q1 2026

May 6, 2026, 4:30 PM EDT - 2 months ago

Fortinet Slides: Q1 2026


Fortinet Earnings release: Q1 2026

May 6, 2026, 4:30 PM EDT - 2 months ago

Fortinet Earnings release: Q1 2026


Fortinet Quarterly report: Q1 2026

May 6, 2026, 4:30 PM EDT - 2 months ago

Fortinet Quarterly report: Q1 2026


Fortinet Reports Strong First Quarter 2026 Financial Results

May 6, 2026, 4:05 PM EDT - 2 months ago

Fortinet Reports Strong First Quarter 2026 Financial Results


Fortinet Proxy statement: Proxy filing

Apr 29, 2026, 8:00 AM EDT - 2 months ago

Fortinet Proxy statement: Proxy filing


Fortinet Proxy statement: Proxy filing

Apr 29, 2026, 8:00 AM EDT - 2 months ago

Fortinet Proxy statement: Proxy filing


Fortinet to Announce First Quarter 2026 Financial Results

Apr 2, 2026, 9:00 AM EDT - 3 months ago

Fortinet to Announce First Quarter 2026 Financial Results


Fortinet Slides: Investor presentation

Mar 27, 2026, 8:00 AM EDT - 3 months ago

Fortinet Slides: Investor presentation


3 Cybersecurity Stocks to Invest In as AI Reshapes Industries

Mar 19, 2026, 9:30 AM EDT - 4 months ago

3 Cybersecurity Stocks to Invest In as AI Reshapes Industries

PANW ZS


How To Buy FTNT Stock At 30% Discount

Mar 11, 2026, 2:45 PM EDT - 4 months ago

How To Buy FTNT Stock At 30% Discount


Fortinet Transcript: Investor update

Mar 10, 2026, 6:00 PM EDT - 4 months ago

Fortinet Transcript: Investor update


Fortinet Slides: Investor update

Mar 10, 2026, 6:00 PM EDT - 4 months ago

Fortinet Slides: Investor update


Fortinet to Webcast Investor Briefing Session

Mar 6, 2026, 9:00 AM EST - 4 months ago

Fortinet to Webcast Investor Briefing Session


Is Fortinet Entering Its Next Phase?

Feb 23, 2026, 6:05 AM EST - 4 months ago

Is Fortinet Entering Its Next Phase?


Fortinet Earnings Call Transcript: Q4 2025

Feb 5, 2026, 4:30 PM EST - 5 months ago

Fortinet Earnings Call Transcript: Q4 2025


Fortinet Annual report: Q4 2025

Feb 5, 2026, 4:30 PM EST - 5 months ago

Fortinet Annual report: Q4 2025


Fortinet Earnings release: Q4 2025

Feb 5, 2026, 4:30 PM EST - 5 months ago

Fortinet Earnings release: Q4 2025


Fortinet Slides: Q4 2025

Feb 5, 2026, 4:30 PM EST - 5 months ago

Fortinet Slides: Q4 2025


Is MSFT Stock A Better Pick Over Fortinet?

Jan 26, 2026, 10:15 AM EST - 5 months ago

Is MSFT Stock A Better Pick Over Fortinet?

MSFT


COF Earnings & Brex Acquisition, FTNT & SPOT Upgrades

Jan 23, 2026, 10:00 AM EST - 6 months ago

COF Earnings & Brex Acquisition, FTNT & SPOT Upgrades

COF SPOT


Long-Term Bullish Trendline Could Help Fortinet Stock Break Out

Jan 15, 2026, 3:11 PM EST - 6 months ago

Long-Term Bullish Trendline Could Help Fortinet Stock Break Out


China Tech Bans Impact AVGO, PANW & FTNT Among Others

Jan 14, 2026, 11:30 AM EST - 6 months ago

China Tech Bans Impact AVGO, PANW & FTNT Among Others

AVGO PANW


Get Paid To Buy FTNT Stock At A Deep Discount

Jan 2, 2026, 12:05 PM EST - 6 months ago

Get Paid To Buy FTNT Stock At A Deep Discount


IN0V8
IN0V8 Jul. 10 at 2:49 PM
$FTNT Opportunity BTIG raises target price to $186 from $150
0 · Reply
Fase93
Fase93 Jul. 10 at 2:42 PM
$FTNT Anyone know what's causing this drop ?
0 · Reply
ElliottwaveForecast
ElliottwaveForecast Jul. 10 at 11:32 AM
$FTNT should continue rally tageting 184.4 or higher in weekly within August-2025 rally Short term pullback should remain supported in 3, 7 or 11 swings to continue higher. Buyers can look for enter in extreme area in decent pullback. https://elliottwave-forecast.com/stock-market/ftnt-gains-momentum-targeting-200-milestone/ #Elliottwave #FTNT
0 · Reply
TendiePrinta
TendiePrinta Jul. 10 at 9:39 AM
$NET went short again right here. Looking for a big retrace in the next one to two weeks. Based on technicals and this report made. 50%+ Downside Expected. A ~$98B market cap on ~40x sales for a company still losing money after 15+ years. Google gives away competing CDN/security nearly free and just teamed with Accenture, which is itself buying up security firms to push its stack into Cloudflare’s key enterprise accounts. The rally is AI narrative, not AI revenue; one growth miss and the multiple gets cut in half. GGs $ORCL $GOOGL $FTNT
0 · Reply
ETAlpha
ETAlpha Jul. 9 at 9:58 PM
Zero FOMO. Zero chasing. Discipline always outlasts the market noise! Kept it tight today and did absolutely nothing. Just sat back and enjoyed the green tape on my core long runners, $FTNT and $CRWD! Even after getting stopped out of yesterday's $DELL trade, avoiding chasing today's gap ups proved to be the absolute right decision. Tons of fake-out reversals printed, but without clean momentum, sitting on my hands was the winning play. Full institutional dark pool flow maps and premium core structural levels for $FTNT and $CRWD pinned on my profile.
0 · Reply
Nick_Drendel
Nick_Drendel Jul. 9 at 8:40 PM
A look at how the leaders acted 7/9/26: 🔥 9/9 Up Today 📈 $ANET $FTNT $NET New All Time Closing Highs! 👍 Market-Wide Strength 🔁 FTNT In, GEV Out https://join.marketpulsetrader.com/NDST ALAB ANET CRDO CRWD DELL FTNT LLY NET PANW
0 · Reply
JFDI
JFDI Jul. 9 at 6:14 PM
$FTNT winners keep on winning
0 · Reply
Nasdaq_Frontier
Nasdaq_Frontier Jul. 9 at 5:42 PM
The market is not just a handful of AI/memory names. There are many other sectors and stocks acting incredibly well that most investors are missing. The rally has broadened far beyond the obvious AI and memory trade. Here are some of the key sectors and names to watch: Cybersecurity $CRWD $FTNT $NET $OKTA $PANW The market is proving an important point: the AI rally is not only about chips and memory. Capital is expanding into the next layer of AI infrastructure, and cybersecurity is one of the most overlooked beneficiaries. CRWD leads with AI-powered endpoint security and threat detection. FTNT maintains strong positioning in enterprise network protection. NET benefits from edge computing, secure networking, and growing AI traffic. OKTA provides critical identity security infrastructure for enterprises. PANW continues expanding through a broader security platform ecosystem. The faster AI grows, the greater the security demand becomes. Do you think cybersecurity is the next overlooked AI infrastructure winner?
0 · Reply
FutureScout
FutureScout Jul. 9 at 4:05 PM
$FTNT and $CRWD both holding up strong today, especially after the pre-market weakness. Looks like buyers stepped in fast and defended the names. Good tape on both so far.
0 · Reply
ElliottwaveForecast
ElliottwaveForecast Jul. 9 at 10:49 AM
$FTNT should continue rally targeting 184.4 in rally within August-2025 low in weekly Short term pullback in 3, 7 or 11 swings will remain supported to continue higher, explained in article at https://elliottwave-forecast.com/stock-market/ftnt-gains-momentum-targeting-200-milestone/ #Elliottwave #FTNT
0 · Reply
ETAlpha
ETAlpha Jul. 8 at 8:44 PM
$FTNT is flashing a massive warning sign! We are looking at a glaring bearish divergence paired with a clear DeMark upside exhaustion signal right at the highs. The bulls are running completely out of gas here, making a sharp reversal highly probable. Watch your backs!
0 · Reply
howardlindzon
howardlindzon Jul. 8 at 2:21 PM
2 · Reply
Dr_Stoxx
Dr_Stoxx Jul. 8 at 2:20 PM
The CS plays are coming in hard, 2 days, after hitting new ATH's on Monday. $PANW $CRWD $FTNT $HACK
0 · Reply
AdamBrennan2
AdamBrennan2 Jul. 8 at 1:58 PM
$GEN is the cheapeset out of the Security Platforms $CSCO $FTNT $PANW
0 · Reply
TheGlassesFella
TheGlassesFella Jul. 7 at 4:47 PM
$PANW $FTNT $CRWD 3 Cybersecurity giants. Very interesting companies but certainly, I see them with very high valuations and too much hype. Their numbers are interesting and good, specially Fortintet numbers. I think that all three of em are overvalued. I wouldn't be surprised if sooner than later a drop appears. Do not mistake me, a natural and healthy drop after a very intense positive performance. When? I don't know, but I think in the near future we could see come corrections. Anyways, besides my opinions, I like them and I would like to add a little bit of them to my portfolio. (Do not take this as a recommendation to invest)
1 · Reply
NeverFadeTheOracle
NeverFadeTheOracle Jul. 7 at 11:31 AM
0 · Reply
ElliottwaveForecast
ElliottwaveForecast Jul. 7 at 10:57 AM
$FTNT should continue rally towards 184.4 within January-2026 rally in daily It is bullish and expect further upside targeting 200, while short term pullback will remain supported. https://elliottwave-forecast.com/stock-market/ftnt-gains-momentum-targeting-200-milestone/ #Elliottwave #FTNT
0 · Reply
parcha
parcha Jul. 7 at 12:29 AM
Tuesday's stock stories: What’s likely to move the market in the next session $FTNT $PANW $CRWD $HACK Cybersecurity stock record highs CrowdStrike, Fortinet and Palo Alto Networks all hit all-time highs Monday. CrowdStrike is up 100% in three months. Fortinet is up 97% in three months. Palo Alto Networks is up about 121% in three months. Thanks to data watcher Chris Hayes for staying on top of the stats and facts on the all-time highs. https://www.cnbc.com/2026/07/06/tuesdays-big-stock-stories-whats-likely-to-move-the-market.html?__source=iosappshare%7Ccom.stocktwits.StockTwits.STShareExtension
0 · Reply
Fast_Branch
Fast_Branch Jul. 6 at 3:18 PM
$FTNT constructive basing here with VWAP support.
0 · Reply
StockGeez
StockGeez Jul. 6 at 3:09 PM
$PANW $CRWD $FTNT valuation metrics have been thrown out the window here
0 · Reply
JFDI
JFDI Jul. 6 at 2:07 PM
$FTNT C ya
0 · Reply
ElliottwaveForecast
ElliottwaveForecast Jul. 6 at 1:54 AM
$FTNT Gains Momentum Breaking higher and targeting the 200 milestone. https://elliottwave-forecast.com/stock-market/ftnt-gains-momentum-targeting-200-milestone/ • Clear pivots • Strong impulse • Actionable structure #FTNT #Trading #TechnicalAnalysis
0 · Reply