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Fortinet, Inc. Stock AnalysisComprehensive stock analysis for Fortinet, Inc. (FTNT) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisFTNT
FTNT
Fortinet, Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
FTNT
Home🔹Stocks🔹Fortinet, Inc.

Fortinet, Inc.

🇺🇸FTNT•NASDAQ

Fortinet, Inc.

🇺🇸FTNT•NASDAQ
Market cap
$114.51B
Sentiment

Your view on FTNT

Mkt Cap
$114.51B
Sentiment
Your view
FTNT
Fortinet, Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
FTNT
Company Overview

Overview

What the company does, where it operates, and who runs it.

About Fortinet, Inc.

Industry
Software - Infrastructure
Sector
Technology
CEO
Ken Xie
Headquarters
899 Kifer Road, Sunnyvale, CA, US
Industry
Software - Infrastructure
Sector
Technology
CEO
Ken Xie
Headquarters
899 Kifer Road, Sunnyvale, CA, US
Description

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.

FRC Research

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Fortinet, Inc., and the rating behind it. FTNT last traded at $156.07, 54.5× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Fortinet, Inc.. Starting points for Fortinet, Inc.: P/E 54.5, EPS $2.88, beta 1.06 — an Software - Infrastructure name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Fortinet, Inc.. Fortinet, Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Fortinet, Inc.. Trailing twelve-month EPS for Fortinet, Inc. stands at $2.88. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Fortinet, Inc.. Fortinet, Inc. has reported as a listed company since 2009. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Fortinet, Inc. valued side by side against its closest peers. Fortinet, Inc. is measured against Software - Infrastructure peers within the Technology sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Fortinet, Inc., and how their positions are changing. At a $114.51B market value, institutional positions materially move Fortinet, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Fortinet, Inc. executives and directors. Shares of Fortinet, Inc. have traded between $70.12 and $114.82 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Fortinet, Inc.. Fortinet, Inc. is a $114.51B Technology company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Fortinet, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Fortinet, Inc.. Coverage tracks Fortinet, Inc. within Software - Infrastructure (Technology). Press releases and market coverage, newest first.

Peer companies

  • ADSK — Autodesk, Inc.
  • CRWV — CoreWeave, Inc. Class A Common Stock
  • INFY — Infosys Limited
  • MSI — Motorola Solutions, Inc.
  • MSTR — Strategy Inc
  • SNPS — Synopsys, Inc.
  • STX — Seagate Technology Holdings plc
  • TEL — TE Connectivity Ltd.

More Software - Infrastructure companies

  • ISTKF — Intellistake Technologies Corp.
  • KASH.CN — Intellabridge Technology Corp.
  • KCRD — Kindcard Inc.
  • KDK — Kodiak AI, Inc. Common Stock
  • KPLT — Katapult Holdings, Inc.
  • KSIH — KS International Holdings Corporation
  • KSPI — Joint Stock Company Kaspi.kz
  • LIDR — AEye, Inc.
  • LSAK — Lesaka Technologies, Inc.
  • MARK — Remark Holdings, Inc.
  • MBGL — Mobility Global Inc
  • MBLMF — Mobilum Technologies Inc.

ETFs holding Fortinet, Inc.

  • HACK.AX — BetaShares Global Cybersecurity ETF (8.75%)
  • CIBR — First Trust Nasdaq Cybersecurity ETF (8.72%)
  • BUG — Global X - Cybersecurity ETF (7.49%)

News

Latest Market News