Val
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Gro
—
Qua
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Mom
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Sta
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Cap—
P/S15.21
P/E—
Fwd P/E41.31
PEG1.72
52W— – —
RSI—
Target$163.12 (+4.5%)
Beta1.06
Div—
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RSI ()
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Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Signal
Trend Strength
Price Levels
52-Week Range
52W Low
—
52W High
Position in Range
—
RSI (14)
0 · Oversold
RSI 47
Overbought · 100
Signal
Neutral
EMA Price Levels
Activity & Patterns
Volume Analysis
Momentum Dashboard
Detected Patterns
7Bullish
4Bearish
0Neutral
Key Signals 2
▲ Inv. Head & Shoulders
Major reversal
2026-08-27 · $171.22
Inv. H&S neckline ~$171.22 broken — major bullish reversal
Learn more →
▲ Double Bottom
Major reversal
2026-08-27 · $172.09
Two lows ~$146.01 — bullish reversal confirmed
Learn more →
Momentum Signals 9
▲ Bull Flag
▲ Bull Flag
▲ MACD Bullish Crossover
▲ MACD Bullish Crossover
View overlays on the price chart via Overview tab → Pattern Overlays.
EPS — History & Forecast
Estimate
Beat
Miss
Forecast
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Revenue — History & Forecast
Revenue
Forecast
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EPS Beat Rate
100%
8/8 quarters
Wall Street Consensus
HOLD
BuyHoldSell
Price Target Range
$163.12
+4.5% upside
Low $102
—
High $220
Consensus
Current price
Wall Street Analyst Ratings
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| Firm | Rating | Change | Action | Date |
|---|
Profitability
Gross Margin
80.20%Last 12 Months
Operating Margin
33.60%Last 12 Months
Return on Equity
117.44%Last 12 Months
Revenue Growth
25.60%Year over Year
Free Cash Flow
2.27BLast 12 Months
Free Cash Flow Yield
—Last 12 Months
Balance Sheet
Debt / Equity
36.19Most Recent Quarter
Current Ratio
1.28Most Recent Quarter
Cash
4.07BMost Recent Quarter
Total Debt
561.40MMost Recent Quarter
Net Debt
—Most Recent Quarter
How FTNT Makes Its Money
Cash Flow Breakdown
Quarterly Metrics
| Quarter | Revenue | Rev YoY | Gross Profit | Op. Income | Net Income | Net YoY | Gross % | Op % | Net % |
|---|
Full Key Statistics
Valuation
| Market Cap | 114.51B |
| Enterprise Value | 111.00B |
| Trailing P/E | 56.14 |
| Forward P/E | 41.31 |
| PEG Ratio (5yr) | 1.72 |
| Price/Sales (ttm) | 15.21 |
| Price/Book (mrq) | 73.83 |
| EV/Revenue | 14.75 |
| EV/EBITDA | 42.76 |
Share Statistics
| Avg Vol (3m) | 5.31M |
| Shares Outstanding | 733.71M |
| Float | 618.91M |
| % Held by Insiders | 17.36% |
| % Held by Institutions | 71.55% |
| Short Ratio | 2.89 |
| Short % of Float | 2.23% |
Profitability
| Gross Margin | 80.20% |
| Operating Margin (ttm) | 33.60% |
| Profit Margin | 28.17% |
| Return on Assets (ttm) | 14.17% |
| Return on Equity (ttm) | 117.44% |
Income Statement
| Revenue (ttm) | 7.53B |
| Revenue Growth (yoy) | 25.60% |
| Gross Profit (ttm) | 6.04B |
| EBITDA | 2.60B |
| Net Income (ttm) | 2.12B |
| Diluted EPS (ttm) | 2.78 |
| EPS Growth (yoy) | 43.90% |
Balance Sheet
| Total Cash (mrq) | 4.07B |
| Total Debt (mrq) | 561.40M |
| Debt / Equity (mrq) | 36.19 |
| Current Ratio (mrq) | 1.28 |
| Book Value / Share | 2.11 |
| Operating CF (ttm) | 3.40B |
| Free Cash Flow (ttm) | 2.27B |
Trading & Dividends
| Beta (5Y) | 1.06 |
| 50-Day MA | 159.04 |
| 200-Day MA | 111.23 |
| Fwd Dividend Yield | N/A |
| Payout Ratio | 0.00% |
No dividend history available for FTNT.
Ownership Breakdown
Institutional 71.55%
Insider 17.36%
Public 11.1%
Short Interest
2.23% of float
Low
Institutional 13F Holdings
Famous investors who disclosed a position in FTNT in their latest SEC 13F filing.
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Insider Transactions
| Date | Insider | Role | Transaction | Shares | Price | Value |
|---|