Fortinet, Inc. (FTNT)

US — Technology Sector
Peers: CRWD  OKTA  NET  MDB  PANW  SPLK  ADBE  PLTR  ZS  PATH 

Automate Your Wheel Strategy on FTNT

With Tiblio's Option Bot, you can configure your own wheel strategy including FTNT - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol FTNT
  • Rev/Share 7.9945
  • Book/Share 2.5549
  • PB 39.8378
  • Debt/Equity 0.5069
  • CurrentRatio 1.3627
  • ROIC 0.2654

 

  • MktCap 77904040480.0
  • FreeCF/Share 2.691
  • PFCF 37.6803
  • PE 41.6099
  • Debt/Assets 0.0956
  • DivYield 0
  • ROE 1.6156

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 4
  • P/B Score 1
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Reiterated FTNT BMO Capital Markets -- Market Perform $122 $110 May 8, 2025
Downgrade FTNT DZ Bank Hold Sell -- $95 May 6, 2025
Initiation FTNT Roth Capital -- Neutral -- $103 April 23, 2025
Initiation FTNT Stephens -- Equal Weight -- $108 April 1, 2025
Resumed FTNT Morgan Stanley -- Overweight -- -- March 18, 2025
Downgrade FTNT Robert W. Baird Outperform Neutral $105 $112 Feb. 3, 2025
Downgrade FTNT Raymond James Outperform Market Perform -- -- Jan. 14, 2025
Upgrade FTNT Piper Sandler Neutral Overweight $100 $120 Jan. 6, 2025
Upgrade FTNT KeyBanc Capital Markets Sector Weight Overweight -- $115 Dec. 19, 2024
Downgrade FTNT Mizuho Neutral Underperform -- $68 Oct. 17, 2024

News

Fortinet (FTNT) Upgraded to Buy: Here's Why
FTNT
Published: April 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Fortinet (FTNT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Read More
image for news Fortinet (FTNT) Upgraded to Buy: Here's Why
CrowdStrike vs. Fortinet: Which Cybersecurity Stock is a Better Buy?
CRWD, FTNT
Published: April 09, 2025 by: Zacks Investment Research
Sentiment: Neutral

Let's find out which cybersecurity stock among CrowdStrike and Fortinet is a better bet.

Read More
image for news CrowdStrike vs. Fortinet: Which Cybersecurity Stock is a Better Buy?
Fortinet Wins 2025 Google Cloud Technology Partner of the Year Award
FTNT
Published: April 08, 2025 by: GlobeNewsWire
Sentiment: Neutral

Fortinet Recognized for Advancing Cloud Security with Integrated, Scalable Solutions for Google Cloud Customers Fortinet Recognized for Advancing Cloud Security with Integrated, Scalable Solutions for Google Cloud Customers

Read More
image for news Fortinet Wins 2025 Google Cloud Technology Partner of the Year Award
Fortinet Expands FortiAI Across its Security Fabric Platform
FTNT
Published: April 08, 2025 by: GlobeNewsWire
Sentiment: Neutral

New AI capabilities empower organizations to protect against emerging threats, accelerate security and network operations with agentic AI New AI capabilities empower organizations to protect against emerging threats, accelerate security and network operations with agentic AI

Read More
image for news Fortinet Expands FortiAI Across its Security Fabric Platform
Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
ASML, FTNT
Published: April 02, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Read More
image for news Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
Fortinet: A Top Cybersecurity Stock With Growth Catalysts
FTNT
Published: March 27, 2025 by: MarketBeat
Sentiment: Positive

Over the past 52 weeks, a seemingly unlikely winner has emerged among cybersecurity stocks. That stock is Fortinet NASDAQ: FTNT.

Read More
image for news Fortinet: A Top Cybersecurity Stock With Growth Catalysts
Exclusive Networks North America Achieves Fortinet's Engage Preferred Services Partner Designation
FTNT
Published: March 26, 2025 by: PRNewsWire
Sentiment: Neutral

FREMONT, Calif. , March 26, 2025 /PRNewswire/ -- Exclusive Networks North America, a global leader in cybersecurity, today announced that it has been named an Engage Preferred Services Partner (EPSP) within Fortinet's Engage Partner Program.

Read More
image for news Exclusive Networks North America Achieves Fortinet's Engage Preferred Services Partner Designation
FortiEDR's Advancements Make Fortinet Stock a Strategic Buy for 2025
FTNT
Published: March 20, 2025 by: Zacks Investment Research
Sentiment: Positive

FTNT's FortiEDR innovations drive growth, while its unified security approach positions the stock as a compelling cybersecurity buy for 2025.

Read More
image for news FortiEDR's Advancements Make Fortinet Stock a Strategic Buy for 2025
4 Security Stocks to Watch on Prospering Industry Trends
CYBR, FTNT, OKTA, PANW
Published: March 18, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Security industry participants, PANW, FTNT, OKTA and CYBR, gain from an increase in data breaches, prompting companies to seek comprehensive IT security solutions.

Read More
image for news 4 Security Stocks to Watch on Prospering Industry Trends
Fortinet, Inc. (FTNT) CEO Ken Xie presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)
FTNT
Published: March 04, 2025 by: Seeking Alpha
Sentiment: Neutral

Fortinet, Inc. (NASDAQ:FTNT ) Morgan Stanley Technology, Media & Telecom Conference March 4, 2025 12:15 PM ET Company Participants Ken Xie - Chairman, CEO and Founder Keith Jensen - CFO Conference Call Participants Keith Weiss - Morgan Stanely Keith Weiss Excellent. Thank you, everyone, for joining us.

Read More
image for news Fortinet, Inc. (FTNT) CEO Ken Xie presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)
5 High ROE Stocks to Buy as Markets Tank on Tariff Woes
FTNT, KLAC, LDOS, PPC, RJF
Published: March 04, 2025 by: Zacks Investment Research
Sentiment: Positive

KLAC, LDOS, RJF, FTNT and PPC are some of the stocks with high ROE to profit from as a sudden change in the U.S. trade policies hit markets.

Read More
image for news 5 High ROE Stocks to Buy as Markets Tank on Tariff Woes
Empower Students with Free Resources to Thrive in Today's Digital World from the New Digital Citizenship Initiative by Discovery Education with Verizon and Fortinet
FTNT, VZ
Published: February 27, 2025 by: GlobeNewsWire
Sentiment: Neutral

CHARLOTTE, N.C., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Discovery Education, the creator of essential K-12 solutions used in classrooms around the world, today announced the launch of a new Digital Citizenship Initiative.

Read More
image for news Empower Students with Free Resources to Thrive in Today's Digital World from the New Digital Citizenship Initiative by Discovery Education with Verizon and Fortinet
Fortinet: Capitalizing On Hardware Firewall Upgrades For Future Growth
FTNT
Published: February 26, 2025 by: Seeking Alpha
Sentiment: Positive

Hardware firewalls remain crucial for legacy on-premise infrastructure, edge computing needing real-time responses, and remote areas with unreliable internet. Fortinet should benefit from a massive upgrade cycle for its hardware firewall in 2026 and 2027. Inventory-related charges normalized in 2024, making earnings per share growth look slower in 2025.

Read More
image for news Fortinet: Capitalizing On Hardware Firewall Upgrades For Future Growth
5 Top-Ranked Stocks Poised for an Earnings Beat
DOCS, FTNT, GRMN, LYFT, THC
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Top-ranked stocks Tenet Healthcare (THC), Fortinet (FTNT), Lyft (LYFT), Garmin (GRMN) and Doximity (DOCS) are likely to beat on the bottom line in their upcoming releases.

Read More
image for news 5 Top-Ranked Stocks Poised for an Earnings Beat
3 Monster Stocks to Hold for the Next 10 Years
DASH, FTNT, MNST
Published: February 21, 2025 by: The Motley Fool
Sentiment: Positive

The best way to become wealthy and better prepare yourself for retirement is to invest in a portfolio of solid growth stocks. However, putting your money in such stocks is only the first step.

Read More
image for news 3 Monster Stocks to Hold for the Next 10 Years
Fortinet Evolves FortiAnalyzer into a Turnkey AI-Driven SecOps Platform for Resource-Constrained Security Teams
FTNT
Published: February 19, 2025 by: GlobeNewsWire
Sentiment: Neutral

SUNNYVALE, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced significant enhancements to FortiAnalyzer, reinforcing its role in driving faster, smarter security operations (SecOps) all from a single, turnkey hybrid platform tailored for midsize enterprises and teams impacted by the cyber skills shortage.

Read More
image for news Fortinet Evolves FortiAnalyzer into a Turnkey AI-Driven SecOps Platform for Resource-Constrained Security Teams
Buy 5 ROE Stocks as Markets Rise on Reciprocal Tariff Breather
FTNT, LDOS, PPC, RJF, ROST
Published: February 17, 2025 by: Zacks Investment Research
Sentiment: Neutral

ROST, LDOS, RJF, FTNT and PPC are some of the stocks with high ROE to profit from as fears of inflation and reciprocal tariffs take the backseat.

Read More
image for news Buy 5 ROE Stocks as Markets Rise on Reciprocal Tariff Breather
Double-Digit Gains Ahead? These 2 Cybersecurity Stocks Look Ready
FTNT, NET
Published: February 13, 2025 by: MarketBeat
Sentiment: Positive

Fortinet NASDAQ: FTNT and Cloudflare NYSE: NET are two cybersecurity stocks poised for double-digit gains in 2025. They are poised for double-digit gains because of their differentiated positions in a rapidly growing market, utility to clients, 2024 results, 2025 guidance, cash flow, and analysts' sentiment.

Read More
image for news Double-Digit Gains Ahead? These 2 Cybersecurity Stocks Look Ready
Is FTNT Stock a Buy on Q4 Earnings Beat & Rising EPS Estimates?
FTNT
Published: February 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Fortinet beats Q4 estimates with 45.1% EPS growth. Strong margins, SASE expansion and AI security drive a positive 2025 outlook.

Read More
image for news Is FTNT Stock a Buy on Q4 Earnings Beat & Rising EPS Estimates?

About Fortinet, Inc. (FTNT)

  • IPO Date 2009-11-18
  • Website https://www.fortinet.com
  • Industry Software - Infrastructure
  • CEO Mr. Ken Xie
  • Employees 14556

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.