Fortinet Up 100% YTD from AI Demand
Shares of Fortinet, Inc. (FTNT) gain 7,651% since institutions first bought big in 2010.
FXEmpire7/8/2026Positive
FTNT
Fortinet IncNASDAQTECHNOLOGYSOFTWARE - INFRASTRUCTURE
Key Statistics
Market Cap
$114.81B
P/E Ratio
61.45
EPS
$2.55
Beta
1.09
52W High
$163.57
52W Low
$70.12
50-Day MA
$131.28
200-Day MA
$94.33
Dividend Yield
—
Profit Margin
27.50%
Forward P/E
53.76
PEG Ratio
3.58
About Fortinet Inc
Fortinet (Nasdaq: FTNT) is an American multinational corporation headquartered in Sunnyvale, California. It develops and sells cybersecurity solutions, including but not limited to physical products such as firewalls, plus software and services such as anti-virus protection, intrusion prevention systems and endpoint security components.
Fundamentals
| Revenue (TTM) | $7.11B |
| Gross Profit (TTM) | $5.71B |
| EBITDA | $2.36B |
| Operating Margin | 31.30% |
| Return on Equity | 132.40% |
| Return on Assets | 13.60% |
| Revenue/Share (TTM) | $9.47 |
| Book Value | $1.35 |
| Price-to-Book | 117.46 |
| Price-to-Sales (TTM) | 16.15 |
| EV/Revenue | 15.96 |
| EV/EBITDA | 43.72 |
| Quarterly Earnings Growth (YoY) | 28.60% |
| Quarterly Revenue Growth (YoY) | 20.10% |
| Shares Outstanding | $732.65M |
| Float | $617.66M |
| % Insiders | 17.39% |
| % Institutions | 72.26% |
Historical Volatility
HV 10-Day
39.46%
HV 20-Day
36.48%
HV 30-Day
43.76%
HV 60-Day
52.63%
HV Rank
75.8%
Volatility is currently contracting
Analyst Ratings
Consensus ($113.89 target)
10
Buy29
Hold3
Sell1
Strong SellLatest News
Fortinet to Announce Second Quarter 2026 Financial Results
SUNNYVALE, Calif., July 02, 2026 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its second quarter 2026 financial results on Wednesday, July 29, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).
GlobeNewsWire7/2/2026Neutral
Here's Why Fortinet (FTNT) is a Strong Momentum Stock
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Zacks Investment Research7/1/2026Positive
Why Fortinet (FTNT) Outpaced the Stock Market Today
In the latest trading session, Fortinet (FTNT) closed at $155.42, marking a +2.69% move from the previous day.
Zacks Investment Research6/29/2026Positive
Is Fortinet Stock Attractive With FortiGate and Cloud Platform Growth?
FTNT's FortiGate expansion and FortiSOC launch build on strong Q1 growth, as the raised 2026 guidance puts execution in focus for investors.
Zacks Investment Research6/29/2026Positive
Is Fortinet Stock Poised for Strong Growth With AI-Driven Security?
FTNT bets on AI with FortiSOC launch as strong earnings and rising demand raise hopes for sustained FTNT growth momentum.
Zacks Investment Research6/24/2026Positive
Fortinet Appoints Public Sector Leader and Tech Executive Derek Kan to Its Board of Directors
SUNNYVALE, Calif., June 24, 2026 (GLOBE NEWSWIRE) -- Fortinet® (Nasdaq: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the appointment of Derek Kan to its board of directors, contributing his deep expertise in scaling technology businesses, deploying AI, and governing large-scale, capital-intensive operations across the public and private sectors.
GlobeNewsWire6/24/2026Neutral
PANW vs. FTNT: Which Cybersecurity Stock Has an Edge Right Now?
Fortinet gains an edge over Palo Alto Networks, supported by strong SASE adoption, steadier execution and a lower valuation.
Zacks Investment Research6/23/2026Positive
Fortinet: I'm As Bullish As Ever On Cybersecurity
Fortinet is reissued as a "Strong Buy," with growth reaccelerating after inventory digestion and a robust beat on top and bottom lines. FTNT's product revenues surged 41% YoY, driven by AI data centers and a differentiated ecosystem, enabling continued market share gains. 2026 guidance includes $8.8–$9.1 billion in billings, 79%–81% gross margins, and $3.1–$3.16 EPS, supporting a FWD P/E of 46x and 13.4% YoY growth.
Seeking Alpha6/22/2026Positive
Here's Why Fortinet (FTNT) is a Strong Growth Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Zacks Investment Research6/22/2026Positive
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Data last updated: 7/9/2026