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Fortinet (FTNT) Stock Price, News & Analysis

Fortinet logo
$77.25 -2.08 (-2.62%)
Closing price 04:00 PM Eastern
Extended Trading
$77.81 +0.56 (+0.72%)
As of 06:43 PM Eastern
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About Fortinet Stock (NASDAQ:FTNT)

Key Stats

Today's Range
$76.82
$78.60
50-Day Range
$74.39
$107.65
52-Week Range
$70.12
$114.82
Volume
11.81 million shs
Average Volume
5.36 million shs
Market Capitalization
$59.19 billion
P/E Ratio
30.78
Dividend Yield
N/A
Price Target
$97.93
Consensus Rating
Hold

Company Overview

Fortinet Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
99th Percentile Overall Score

FTNT MarketRank™: 

Fortinet scored higher than 99% of companies evaluated by MarketBeat, and ranked 50th out of 667 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Fortinet has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 8 buy ratings, 25 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Fortinet has been the subject of 20 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Fortinet's stock forecast and price target.
  • Earnings Growth

    Earnings for Fortinet are expected to grow by 13.88% in the coming year, from $2.09 to $2.38 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Fortinet is 31.04, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.51.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fortinet is 31.04, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 51.93.

  • Price to Earnings Growth Ratio

    Fortinet has a PEG Ratio of 2.97. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Fortinet has a P/B Ratio of 28.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.76% of the float of Fortinet has been sold short.
  • Short Interest Ratio / Days to Cover

    Fortinet has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Fortinet has recently decreased by 5.50%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Fortinet does not currently pay a dividend.

  • Dividend Growth

    Fortinet does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.76% of the float of Fortinet has been sold short.
  • Short Interest Ratio / Days to Cover

    Fortinet has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Fortinet has recently decreased by 5.50%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Fortinet has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 103 news articles for Fortinet this week, compared to 41 articles on an average week.
  • Search Interest

    136 people have searched for FTNT on MarketBeat in the last 30 days. This is an increase of 196% compared to the previous 30 days.
  • MarketBeat Follows

    50 people have added Fortinet to their MarketBeat watchlist in the last 30 days. This is an increase of 178% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Fortinet insiders have sold 179,034.09% more of their company's stock than they have bought. Specifically, they have bought $34,914.00 in company stock and sold $62,542,875.00 in company stock.

  • Percentage Held by Insiders

    17.20% of the stock of Fortinet is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    83.71% of the stock of Fortinet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Fortinet's insider trading history.
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FTNT Stock News Headlines

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FTNT Stock Analysis - Frequently Asked Questions

Fortinet's stock was trading at $94.48 on January 1st, 2025. Since then, FTNT stock has decreased by 17.7% and is now trading at $77.7390.

Fortinet, Inc. (NASDAQ:FTNT) posted its quarterly earnings data on Wednesday, August, 6th. The software maker reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.05. Fortinet's revenue was up 13.6% on a year-over-year basis.
Read the conference call transcript
.

Fortinet shares split on Thursday, June 23rd 2022.The 5-1 split was announced on Thursday, June 9th 2022. The newly minted shares were distributed to shareholders after the closing bell on Wednesday, June 22nd 2022. An investor that had 100 shares of stock prior to the split would have 500 shares after the split.

The following companies are subsidiaries of Fortinet: Sken.ai, ShieldX Networks, Panopta, OPAQ Networks, CyberSponse, enSilo, ZoneFox, and more.

Top institutional shareholders of Fortinet include Vanguard Group Inc. (9.50%), State Street Corp (3.81%), Geode Capital Management LLC (2.21%) and Norges Bank (2.03%). Insiders that own company stock include Ken Xie, Michael Xie, William H Neukom, Patrice Perche, Kenneth A Goldman, John Whittle and Keith Jensen.
View institutional ownership trends
.

Shares of FTNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Fortinet investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Salesforce (CRM), Broadcom (AVGO), Tesla (TSLA) and Adobe (ADBE).

Company Calendar

Last Earnings
8/06/2025
Today
8/14/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Security
Sub-Industry
Systems Software
Current Symbol
NASDAQ:FTNT
CIK
1262039
Employees
14,138
Year Founded
2000

Price Target and Rating

High Price Target
$135.00
Low Price Target
$75.00
Potential Upside/Downside
+25.6%
Consensus Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
37 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.51
Trailing P/E Ratio
31.10
Forward P/E Ratio
37.29
P/E Growth
2.97
Net Income
$1.75 billion
Net Margins
30.60%
Pretax Margin
36.00%
Return on Equity
111.46%
Return on Assets
18.06%

Debt

Debt-to-Equity Ratio
0.24
Current Ratio
1.33
Quick Ratio
1.24

Sales & Book Value

Annual Sales
$6.34 billion
Price / Sales
9.42
Cash Flow
$2.57 per share
Price / Cash Flow
30.31
Book Value
$2.69 per share
Price / Book
28.98

Miscellaneous

Outstanding Shares
766,266,000
Free Float
634,468,000
Market Cap
$59.73 billion
Optionable
Optionable
Beta
1.07

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This page (NASDAQ:FTNT) was last updated on 8/14/2025 by MarketBeat.com Staff
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