Market Cap 117.68B
Revenue (ttm) 6.80B
Net Income (ttm) 1.85B
EPS (ttm) N/A
PE Ratio 58.99
Forward PE 56.21
Profit Margin 27.26%
Debt to Equity Ratio 0.50
Volume 4,684,800
Avg Vol 6,492,806
Day's Range N/A - N/A
Shares Out 732.65M
Stochastic %K 97%
Beta 1.09
Analysts Sell
Price Target $115.75

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
DonCorleone77
DonCorleone77 Jul. 15 at 11:51 AM
$FTNT Fortinet price target raised to $125 from $86 at Mizuho Mizuho raised the firm's price target on Fortinet to $125 from $86 and keeps an Underperform rating on the shares. The firm adjusted targets in the large-cap software group as part of a Q2 earnings preview. Mizuho's Q2 channel checks were good overall, with public cloud data points were strong and AI adoption remaining robust, the analyst tells investors in a research note. The firm's favorite June quarter ending stocks to own ahead of earnings are Palantir, Atlassian and ServiceNow. Software-as-a-service "continues to be resilient, although multiples continue to be plagued by investor concerns about AI-led disruption," Mizuho says.
0 · Reply
Johnny_Lever
Johnny_Lever Jul. 15 at 3:15 AM
$FTNT Quietly racking up ATHs each week.
0 · Reply
Blanka_
Blanka_ Jul. 14 at 11:43 PM
$IBM $CRWD $PANW $FTNT You all take a note, $LAES is the leader in Q- computer cybersecurity and one of you will buyout it 🧠🫵🤧
0 · Reply
sister
sister Jul. 14 at 9:34 PM
$CRWD Humpty Dumpty sat on a Wall . . . $PANW $FTNT dumpers too
0 · Reply
LuigiV_
LuigiV_ Jul. 14 at 8:14 PM
0 · Reply
maineamerica
maineamerica Jul. 14 at 6:42 PM
$FTNT 50 dollar stonk, incoming.
0 · Reply
john714
john714 Jul. 14 at 5:40 PM
$FTNT 200 dollar stonk, incoming.
0 · Reply
WallStreetScout1
WallStreetScout1 Jul. 14 at 3:55 PM
GREAT DAY TO BE CONVICTED IN CYBERSECURITY 🚀 $IBM reinforced an important trend: Cybersecurity budgets remain resilient as enterprises accelerate AI infrastructure spending. At the same time, rapidly evolving cyber threats are making security more mission-critical than ever. AI adoption brings: More data exposure More attack surfaces Greater demand for real-time protection Security is becoming a core requirement, not a discretionary expense. Key names to watch: $CRWD $PANW $ZS $FTNT As enterprises invest heavily in AI transformation, the companies protecting that digital infrastructure could become long-term beneficiaries. Follow for more AI, cybersecurity, and technology market insights.
0 · Reply
ivanhoff
ivanhoff Jul. 14 at 3:15 PM
New all-time highs for the cybersecurity ETF $HACK after strong moves in $CRWD $PANW $FTNT etc.
0 · Reply
topstockalerts
topstockalerts Jul. 14 at 2:20 PM
While IBM's disappointing preliminary Q2 results weighed on the broader enterprise software sector, Barclays believes the fallout could become a near-term positive for cybersecurity companies. Analyst Saket Kalia said the same enterprise capex shift that hurt IBM is driving stronger demand for network security products, as customers accelerate purchases of hardware-based firewalls ahead of expected price increases while responding to an increasingly hostile cyber threat environment. IBM said customers redirected spending late in the quarter toward servers, storage, and memory to secure supply before anticipated cost increases, and Barclays' channel checks indicate that firewall purchases have also accelerated as enterprises move to lock in pricing. Kalia expects this trend to benefit leading cybersecurity vendors including Fortinet, Palo Alto Networks, and Check Point, as security spending increasingly takes priority over other areas of enterprise IT. $FTNT $PANW $IBM
0 · Reply
Latest News on FTNT
TD Synnex selected as Global Distributor for Fortinet

2026-07-15T12:10:49.000Z - 46 minutes ago

TD Synnex selected as Global Distributor for Fortinet

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Fortinet price target raised to $125 from $86 at Mizuho

2026-07-15T10:50:13.000Z - 2 hours ago

Fortinet price target raised to $125 from $86 at Mizuho


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2026-07-13T10:50:20.000Z - 2 days ago

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Fortinet price target raised to $170 from $155 at Barclays

2026-07-13T10:25:13.000Z - 2 days ago

Fortinet price target raised to $170 from $155 at Barclays


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

2026-07-10T11:55:15.000Z - 5 days ago

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Fortinet Up 100% YTD from AI Demand

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

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Fortinet to Announce Second Quarter 2026 Financial Results

Jul 2, 2026, 9:00 AM EDT - 12 days ago

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Fortinet downgraded to Reduce from Hold at HSBC

2026-06-29T22:40:15.000Z - 15 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 - 5 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 - 5 weeks ago

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Fortinet Transcript: Status update

Jun 2, 2026, 1:30 AM EDT - 6 weeks ago

Fortinet Transcript: Status update


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May 26, 2026, 11:08 PM EDT - 7 weeks ago

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See How Fortinet Gains on AI Demand, Institutional Inflows

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Fortinet Earnings Call Transcript: Q1 2026

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

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Fortinet Slides: Q1 2026

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

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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

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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

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Fortinet to Announce First Quarter 2026 Financial Results

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

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

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

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

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DonCorleone77
DonCorleone77 Jul. 15 at 11:51 AM
$FTNT Fortinet price target raised to $125 from $86 at Mizuho Mizuho raised the firm's price target on Fortinet to $125 from $86 and keeps an Underperform rating on the shares. The firm adjusted targets in the large-cap software group as part of a Q2 earnings preview. Mizuho's Q2 channel checks were good overall, with public cloud data points were strong and AI adoption remaining robust, the analyst tells investors in a research note. The firm's favorite June quarter ending stocks to own ahead of earnings are Palantir, Atlassian and ServiceNow. Software-as-a-service "continues to be resilient, although multiples continue to be plagued by investor concerns about AI-led disruption," Mizuho says.
0 · Reply
Johnny_Lever
Johnny_Lever Jul. 15 at 3:15 AM
$FTNT Quietly racking up ATHs each week.
0 · Reply
Blanka_
Blanka_ Jul. 14 at 11:43 PM
$IBM $CRWD $PANW $FTNT You all take a note, $LAES is the leader in Q- computer cybersecurity and one of you will buyout it 🧠🫵🤧
0 · Reply
sister
sister Jul. 14 at 9:34 PM
$CRWD Humpty Dumpty sat on a Wall . . . $PANW $FTNT dumpers too
0 · Reply
LuigiV_
LuigiV_ Jul. 14 at 8:14 PM
0 · Reply
maineamerica
maineamerica Jul. 14 at 6:42 PM
$FTNT 50 dollar stonk, incoming.
0 · Reply
john714
john714 Jul. 14 at 5:40 PM
$FTNT 200 dollar stonk, incoming.
0 · Reply
WallStreetScout1
WallStreetScout1 Jul. 14 at 3:55 PM
GREAT DAY TO BE CONVICTED IN CYBERSECURITY 🚀 $IBM reinforced an important trend: Cybersecurity budgets remain resilient as enterprises accelerate AI infrastructure spending. At the same time, rapidly evolving cyber threats are making security more mission-critical than ever. AI adoption brings: More data exposure More attack surfaces Greater demand for real-time protection Security is becoming a core requirement, not a discretionary expense. Key names to watch: $CRWD $PANW $ZS $FTNT As enterprises invest heavily in AI transformation, the companies protecting that digital infrastructure could become long-term beneficiaries. Follow for more AI, cybersecurity, and technology market insights.
0 · Reply
ivanhoff
ivanhoff Jul. 14 at 3:15 PM
New all-time highs for the cybersecurity ETF $HACK after strong moves in $CRWD $PANW $FTNT etc.
0 · Reply
topstockalerts
topstockalerts Jul. 14 at 2:20 PM
While IBM's disappointing preliminary Q2 results weighed on the broader enterprise software sector, Barclays believes the fallout could become a near-term positive for cybersecurity companies. Analyst Saket Kalia said the same enterprise capex shift that hurt IBM is driving stronger demand for network security products, as customers accelerate purchases of hardware-based firewalls ahead of expected price increases while responding to an increasingly hostile cyber threat environment. IBM said customers redirected spending late in the quarter toward servers, storage, and memory to secure supply before anticipated cost increases, and Barclays' channel checks indicate that firewall purchases have also accelerated as enterprises move to lock in pricing. Kalia expects this trend to benefit leading cybersecurity vendors including Fortinet, Palo Alto Networks, and Check Point, as security spending increasingly takes priority over other areas of enterprise IT. $FTNT $PANW $IBM
0 · Reply
TendiePrinta
TendiePrinta Jul. 14 at 4:52 AM
$NET “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
2 · Reply
MorganHoratio
MorganHoratio Jul. 13 at 4:07 PM
While the market is pulling back, always pay attention to relative strength. Quite a few names continue to show impressive resilience. $SNOW $RDDT $ATEX $FTNT $OKTA Relative strength speaks volumes! As the market pulls back, which resilient name holds the ultimate long-term potential? $RDDT & $SNOW: High-conviction data plays. Reddit (RDDT) commands a massive competitive premium for its irreplaceable LLM training data pipeline. Snowflake (SNOW) benefits from stable recurring revenue as the central data cloud repository, securing critical data sovereignty. $ATEX, $FTNT,$OKTA: Uncompromising structural moats. Anterix (ATEX) leads private wireless broadband infra with recession-proof utility contracts. Fortinet (FTNT) and Okta (OKTA) weaponize structural tailwinds as enterprise cybersecurity and identity spend outpaces macro headwinds. I suggest you read my article over them. It is entirely free. You may be able to get some insight
0 · Reply
BecauseOfScout
BecauseOfScout Jul. 13 at 3:42 PM
0 · Reply
john714
john714 Jul. 13 at 3:38 PM
$FTNT 200 dollar stonk
0 · Reply
Jack90
Jack90 Jul. 13 at 2:56 PM
$CRM $FTNT $WDAY $ORCL $IGV sector big spike at earnings strong , all adopted AI
0 · Reply
AIWealthCircle
AIWealthCircle Jul. 12 at 6:25 PM
A couple examples of how one strong earnings report can completely change the narrative. Take $FTNT for example. The Cybersecurity group was being treated like just another part of the broader Software trade. Then earnings came in, and the market started paying attention. $FTNT broke higher, gapped up, and continued running another 45%, completely shifting sentiment across the entire Cyber group. This is why earnings season matters. The market doesn’t always reward the loudest stories, it rewards companies that prove their growth with real numbers. One strong quarter can change how investors view an entire sector. Quick question. Watching the indexes closely? Looking forward to your reply.
0 · Reply
ElliottwaveForecast
ElliottwaveForecast Jul. 12 at 10:11 AM
📢 $FTNT Momentum Builds 🔐 Fortinet is unfolding a bullish Elliott Wave sequence. The current structure favors continued upside, with momentum pointing toward the $200 milestone as buyers remain in control. 📈 FTNT bullish cycle eyes $200. Read the Full analysis 👉 https://elliottwave-forecast.com/stock-market/ftnt-gains-momentum-targeting-200-milestone/ #ElliottWave #Trading #Stocks
0 · Reply
eWhispers
eWhispers Jul. 11 at 3:34 PM
With earnings season set to begin, here's a look at what the S&P 500 $SPY did since the companies reported earnings last quarter. Note that only Communications $XLC and $XLE have more stocks lower than higher during the quarter. https://www.earningswhispers.com/heat $DDOG $FTNT
0 · Reply
ElliottwaveForecast
ElliottwaveForecast Jul. 10 at 8:25 PM
🚀 $FTNT Gains Momentum — 200 Milestone in Sight Fortinet keeps pushing higher, and the Elliott Wave structure continues to support bullish continuation while the pivot holds. Momentum + sequence = trend alignment. ⏳ Watching for extension toward 200. Full breakdown: https://elliottwave-forecast.com/stock-market/ftnt-gains-momentum-targeting-200-milestone/ #FTNT #Stocks #Trading #ElliottWave #TechStocks #Investing
0 · Reply
Stocktwits52wHighs
Stocktwits52wHighs Jul. 10 at 4:01 PM
$FTNT printed a new 52-week high today
0 · Reply
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