Fortinet, Inc. (FTNT)

US — Technology Sector
Peers: CRWV  MSI  ADSK  INFY  SNPS  TEL  WDAY  MSTR  XYZ  STX 

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Key Metrics & Ratings

  • symbol FTNT
  • Rev/Share 8.5896
  • Book/Share 0.9633
  • PB 84.7081
  • Debt/Equity 1.3548
  • CurrentRatio 1.0266
  • ROIC 0.333

 

  • MktCap 62338402230.0
  • FreeCF/Share 2.6581
  • PFCF 30.7328
  • PE 33.2349
  • Debt/Assets 0.1064
  • DivYield 0
  • ROE 1.1987

 

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

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade FTNT Daiwa Securities Outperform Neutral -- $86 Nov. 12, 2025
Downgrade FTNT Morgan Stanley Equal Weight Underweight -- $67 Sept. 2, 2025
Downgrade FTNT Erste Group Buy Hold -- -- Aug. 14, 2025
Upgrade FTNT DZ Bank Hold Buy -- $85 Aug. 8, 2025
Downgrade FTNT KeyBanc Capital Markets Overweight Sector Weight -- -- Aug. 7, 2025
Downgrade FTNT Piper Sandler Overweight Neutral -- $90 Aug. 7, 2025
Downgrade FTNT Morgan Stanley Overweight Equal Weight -- $78 Aug. 7, 2025
Reiterated FTNT BMO Capital Markets -- Market Perform $110 $90 Aug. 7, 2025
Downgrade FTNT TD Cowen Buy Hold -- $105 Aug. 7, 2025
Downgrade FTNT Rosenblatt Buy Neutral -- $85 Aug. 7, 2025

News

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.

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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.

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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.

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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.

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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.

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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.

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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 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.