Fortinet, Inc. โ€“ NASDAQ:FTNT

Founder-led company

Fortinet stock price today

$77.88
-18.20
-18.94%
Financial Health
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Fortinet stock price monthly change

+61.34%
month

Fortinet stock price quarterly change

+61.34%
quarter

Fortinet stock price yearly change

+61.91%
year

Fortinet key metrics

Market Cap
73.26B
Enterprise value
51.62B
P/E
62.62
EV/Sales
11.68
EV/EBITDA
51.09
Price/Sales
11.84
Price/Book
-185.79
PEG ratio
1.52
EPS
1.55
Revenue
5.39B
EBITDA
1.42B
Income
1.19B
Revenue Q/Q
7.20%
Revenue Y/Y
14.19%
Profit margin
19.41%
Oper. margin
21.85%
Gross margin
75.44%
EBIT margin
21.85%
EBITDA margin
26.45%
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Fortinet stock price history

Fortinet stock forecast

Fortinet financial statements

Average Price Target
Last Year

$90.25

Potential upside: 15.88%

Based on estimate of 10 analysts
  • Analysts Price target

  • Financials & Ratios estimates

Fortinet, Inc. (NASDAQ:FTNT): Profit margin
Jun 2023 1.29B 266.3M 20.6%
Sep 2023 1.33B 322.9M 24.19%
Dec 2023 1.41B 310.9M 21.97%
Mar 2024 1.35B 299.3M 22.12%
Fortinet, Inc. (NASDAQ:FTNT): Earnings per share (EPS)
2023-05-04 0.29 0.29
Fortinet, Inc. (NASDAQ:FTNT): Debt to assets
Jun 2023 7486100000 7.16B 95.71%
Sep 2023 7479300000 7.40B 99.01%
Dec 2023 7258900000 7.72B 106.38%
Mar 2024 7662100000 7.79B 101.79%
Fortinet, Inc. (NASDAQ:FTNT): Cash Flow
Jun 2023 515.1M -424.1M -17.7M
Sep 2023 551.2M -111.2M -628.9M
Dec 2023 191.7M -71.6M -910.1M
Mar 2024 830.4M -270.3M -30.3M

Fortinet alternative data

๐ŸŽ“ Academy: Share of Search: A Powerful Tool for Your Investment Strategy

Fortinet Competitors

Fortinet, Inc. (NASDAQ:FTNT): Share of Search
Aug 2023 0.3020.2330.1050.0860.0700.0610.0580.0370.0170.0090.0070.007
Sep 2023 0.2670.3050.0920.0750.0750.0620.0410.0390.0180.0070.0080.006
Oct 2023 0.2510.2900.1300.0580.0710.0610.0480.0390.0210.0100.0070.009
Nov 2023 0.2950.2750.1010.0670.0670.0520.0550.0370.0200.0090.0060.009
Dec 2023 0.3260.2530.1140.0610.0620.0500.0510.0350.0220.0090.0050.006
Jan 2024 0.3080.2320.1280.0650.0570.0510.0470.0310.0570.0080.0040.007
Feb 2024 0.2530.2260.1520.0770.0680.0440.1010.0300.0240.0080.0040.007
Mar 2024 0.2850.2000.1650.0710.0730.0470.0740.0350.0260.0080.0050.006
Apr 2024 0.2810.2010.1340.0730.0900.0640.0610.0400.0270.0100.0060.009
May 2024 0.3000.1790.1470.0750.0980.0510.0660.0360.0240.0080.0040.007
Jun 2024 0.2850.1870.1880.0660.0840.0480.0560.0360.0250.0070.0040.007
Jul 2024 0.0510.0280.8670.0100.0120.0070.0080.0050.0030.0010.0000.001
Aug 2024 0.2450.1890.2840.0650.0570.0430.0470.0310.0200.0060.0030.006
Sep 2024 0.3810.1690.1390.0710.0750.0460.0410.0330.0220.0070.0030.006
Oct 2024 0.3290.1890.1270.0790.0690.0610.0470.0460.0250.0090.0030.009
Nov 2024 0.3500.1740.1170.0890.0630.0550.0520.0470.0280.0080.0040.008
Dec 2024 0.4170.1600.1080.0690.0580.0570.0480.0380.0210.0060.0030.007
Jan 2025 0.3290.1880.1260.0790.0690.0650.0460.0400.0300.0100.0040.009
Feb 2025 0.3180.2010.1110.0840.0730.0640.0500.0400.0330.0090.0040.008
Mar 2025 0.3330.2000.1100.0730.0730.0570.0490.0420.0320.0100.0040.009
Apr 2025 0.2890.2120.1170.0910.0770.0550.0520.0430.0340.0090.0040.010
May 2025 0.3150.2080.1140.0900.0760.0500.0520.0410.0280.0080.0030.010

Fortinet Social Media Accounts

What are followers?
Fortinet, Inc. (NASDAQ:FTNT): Followers count
May 2025 309
Jul 2025 336
Aug 2025 349

Competitors

Fortinet, Inc. (NASDAQ:FTNT): Google Trends - Competitors
4 Aug 2024 10010
11 Aug 2024 10010
18 Aug 2024 10010
25 Aug 2024 10010
1 Sep 2024 10010
8 Sep 2024 10010
15 Sep 2024 10010
22 Sep 2024 10010
29 Sep 2024 10010
6 Oct 2024 00010
13 Oct 2024 00010
20 Oct 2024 00010
27 Oct 2024 10010
3 Nov 2024 10010
10 Nov 2024 00010
17 Nov 2024 10010
24 Nov 2024 10010
1 Dec 2024 10010
8 Dec 2024 10010
15 Dec 2024 10010

Cybersecurity

Fortinet, Inc. (NASDAQ:FTNT): Google Trends - Cybersecurity
12 Feb 2023 138286
19 Feb 2023 137277
26 Feb 2023 1310286
5 Mar 2023 138306
12 Mar 2023 147316
19 Mar 2023 147296
26 Mar 2023 1318296
2 Apr 2023 138306
9 Apr 2023 128286
16 Apr 2023 139265
23 Apr 2023 1214276
30 Apr 2023 126246
7 May 2023 128286
14 May 2023 129306
21 May 2023 127235
28 May 2023 128265
4 Jun 2023 138276
11 Jun 2023 1230296
18 Jun 2023 1116225
25 Jun 2023 96203

Numbers represent search interest relative to the highest point on the chart for the given region and time.

A value of 100 is the peak popularity for the term.
A value of 50 means that the term is half as popular.
A score of 0 means there was not enough data for this term.

Fortinet, Inc. (NASDAQ:FTNT): Job openings
Sep 2023 486
Jan 2025 839
Feb 2025 962
Fortinet, Inc. (NASDAQ:FTNT): Employee count
Sep 2023 13,677
Oct 2023 13,677
Nov 2023 13,677
Dec 2023 13,618
Jan 2024 13,618
Feb 2024 13,618
Mar 2024 13,568
Apr 2024 13,568
May 2024 13,568
Jun 2024 13,522
Jul 2024 13,522

Fortinet other data

63.11% -0.18%
of FTNT is owned by hedgeย funds
518.15M -10.67M
shares is hold by hedgeย funds

Fortinet, Inc. (NASDAQ:FTNT): Insider trades (number of shares)
Period Buy Sel
Feb 2024 0 135968
Mar 2024 497 68030
Apr 2024 0 47996
May 2024 0 73202
Aug 2024 0 11985
Sep 2024 459 47049
Oct 2024 0 46609
Nov 2024 0 187646
Dec 2024 355 45844
Transaction Date Insider Security Shares Price per share Total value Source
Option
XIE KEN director, officer.. Common Stock 41,667 $9.81 $408,837
Option
XIE KEN director, officer.. Common Stock 41,667 $9.81 $408,837
Sale
XIE KEN director, officer.. Common Stock 4,621 $93.53 $432,188
Sale
XIE KEN director, officer.. Common Stock 4,621 $93.53 $432,188
Sale
XIE KEN director, officer.. Common Stock 3,552 $94.44 $335,451
Sale
XIE KEN director, officer.. Common Stock 3,552 $94.44 $335,451
Sale
XIE KEN director, officer.. Common Stock 6,144 $95.59 $587,274
Sale
XIE KEN director, officer.. Common Stock 6,144 $95.59 $587,274
Sale
XIE KEN director, officer.. Common Stock 5,300 $96.33 $510,533
Sale
XIE KEN director, officer.. Common Stock 5,300 $96.33 $510,533
Patent
Grant
Filling date: 30 Sep 2019 Issue date: 20 Sep 2022
Grant
Filling date: 22 Mar 2019 Issue date: 20 Sep 2022
Grant
Filling date: 23 Apr 2021 Issue date: 13 Sep 2022
Grant
Filling date: 31 Jul 2018 Issue date: 13 Sep 2022
Application
Filling date: 20 May 2022 Issue date: 8 Sep 2022
Application
Filling date: 2 Mar 2021 Issue date: 8 Sep 2022
Application
Filling date: 25 Feb 2021 Issue date: 25 Aug 2022
Application
Filling date: 25 Feb 2021 Issue date: 25 Aug 2022
Application
Filling date: 25 Feb 2021 Issue date: 25 Aug 2022
Grant
Filling date: 19 Mar 2019 Issue date: 23 Aug 2022
Saturday, 28 December 2024
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Friday, 27 December 2024
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Tuesday, 24 December 2024
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Thursday, 19 December 2024
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Saturday, 14 December 2024
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Friday, 13 December 2024
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  • What's the price of Fortinet stock today?

    One share of Fortinet stock can currently be purchased for approximately $77.88.

  • When is Fortinet's next earnings date?

    Unfortunately, Fortinet's (FTNT) next earnings date is currently unknown.

  • Does Fortinet pay dividends?

    No, Fortinet does not pay dividends.

  • How much money does Fortinet make?

    Fortinet has a market capitalization of 73.26B and it's past yearsโ€™ income statements indicate that its last revenue has increased compared to the previous period by 20.09% to 5.3B US dollars. Fortinet earned 1.15B US dollars in net income (profit) last year or $0.29 on an earnings per share basis.

  • What is Fortinet's stock symbol?

    Fortinet, Inc. is traded on the NASDAQ under the ticker symbol "FTNT".

  • What is Fortinet's primary industry?

    Company operates in the Technology sector and Software - Infrastructure industry.

  • How do i buy shares of Fortinet?

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

  • Who are Fortinet's key executives?

    Fortinet's management team includes the following people:

    • Mr. Ken Xie Founder, Chairman & Chief Executive Officer(age: 62, pay: $1,780,000)
    • Mr. Keith F. Jensen Chief Financial Officer & Chief Accounting Officer(age: 66, pay: $896,330)
    • Mr. Michael Xie Founder, Pres, Chief Technology Officer & Director(age: 56, pay: $788,090)
    • Mr. John Whittle Executive Vice President of Corporation Devel. & Strategic Alliances, Gen. Counsel and Corporation Sec.(age: 56, pay: $664,940)
  • Is Fortinet founder-led company?

    Yes, Fortinet is a company led by its founders Mr. Ken Xie and Mr. Michael Xie.

  • How many employees does Fortinet have?

    As Jul 2024, Fortinet employs 13,522 workers, which is 0% less then previous quarter.

  • When Fortinet went public?

    Fortinet, Inc. is publicly traded company for more then 15 years since IPO on 18 Nov 2009.

  • What is Fortinet's official website?

    The official website for Fortinet is fortinet.com.

  • Where are Fortinet's headquarters?

    Fortinet is headquartered at 899 Kifer Road, Sunnyvale, CA.

  • How can i contact Fortinet?

    Fortinet's mailing address is 899 Kifer Road, Sunnyvale, CA and company can be reached via phone at +40 82357700.

  • What is Fortinet stock forecast & price target?

    Based on 10 Wall Street analysts` predicted price targets for Fortinet in the last 12 months, the avarage price target is $90.25. The average price target represents a 15.88% change from the last price of $77.88.

Fortinet company profile:

Fortinet, Inc.

fortinet.com
Exchange:

NASDAQ

Full time employees:

13,986

Industry:

Software - Infrastructure

Sector:

Technology

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.

899 Kifer Road
Sunnyvale, CA 94086

CIK: 0001262039
ISIN: US34959E1091
CUSIP: 34959E109