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Outlook: 50.0% bullish·9.1% bearish
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FTNT:NASDAQ
Fortinet Inc
$171.50
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+1.40%(+2.37) 1D
$172.75
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+0.73% (+1.25)bedtimeAfter hours
Closed: Oct 19, 4:00:00 PM GMT-4 · USD
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| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for FTNT...
Open
$171.00
High
$173.31
Low
$169.42
Mkt. cap
125.83B
Avg. vol.
3.86M
Volume
5.75M
P/E ratio
60.42
52-wk high
$197.13
52-wk low
$73.55
EPS
$2.84
Beta
1.03
Shares outstanding
733.71M
No. of employees
15K
Open
$171.00
High
$173.31
Low
$169.42
Mkt. cap
125.83B
Avg. vol.
3.86M
Volume
5.75M
P/E ratio
60.42
52-wk high
$197.13
52-wk low
$73.55
EPS
$2.84
Beta
1.03
Shares outstanding
733.71M
No. of employees
15K
News stories
From web sources and news partners
News Corp
·
2 hours ago
Fortinet Inc. stock outperforms competitors on strong trading day
MarketWatch
·
2 hours ago
Fortinet Inc. stock outperforms competitors on strong trading day
Benzinga
·
2 hours ago
Dan Ives Sees Cybersecurity Spending Doubling: 5 Stocks That Could Benefit
Zacks
·
8 hours ago
Can WDAY's New AI Offerings Across Business Functions Drive Growth?
Profile
Fortinet, Inc. is an American cybersecurity company headquartered in Sunnyvale, California. It develops and sells security products including firewalls, endpoint security and intrusion detection systems. Fortinet has offices in the US, Canada, and UK.
Founded in 2000 by brothers Ken Xie and Michael Xie, the company's first and main product was FortiGate, a physical firewall. The company later added wireless access points, sandbox and messaging security. The company went public in November 2009. Wikipedia
About Fortinet Inc
CEOKen Xie
Employees15.5K
Founded2000
HeadquartersSunnyvale, California, United States
SectorSoftware
Websitefortinet.com
Analyst ratings
Based on 32 analysts giving stock ratings to FTNT in the past 3 months
Hold
Buy
7
Hold
22
Sell
3
12-month forecast
Based on 32 Wall Street analysts offering 12 month price targets for FTNT in the last 3 months.
Highest
Current $171.50
$225.00 (+31.20%)
Average
$176.71 (+3.04%)
Lowest
$110.00 (-35.86%)
Analyst | Recommendation | Action | Price target | Projected | Date |
|---|---|---|---|---|---|
Roger Boyd UBS | Hold | Reiterated | $200.00 | +16.6% | 10/15/2026 |
Gregg Moskowitz Mizuho Securities | Sell | Maintained | $160.00 | -6.7% | 10/15/2026 |
Richard Poland Wells Fargo | Sell | Reiterated | $160.00 | -6.7% | 10/15/2026 |
Shaul Eyal TD Cowen | Buy | Reiterated | $225.00 | +31.2% | 10/13/2026 |
Dan Bergstrom RBC Capital | Hold | Maintained | $205.00 | +19.5% | 10/12/2026 |
Saket Kalia Barclays | Hold | Reiterated | $210.00 | +22.4% | 10/12/2026 |
Daniel Ives Yorkville Ives & Co | Buy | Initiated | $225.00 | +31.2% | 10/06/2026 |
Peter Weed Bernstein | Hold | Maintained | $145.00 | -15.5% | 09/17/2026 |
Steven Wahrhaftig Wedbush | Hold | Downgraded | $155.00 | -9.6% | 09/10/2026 |
Adam Borg Stifel Nicolaus | Hold | Maintained | $175.00 | +2% | 08/27/2026 |
Fatima Boolani Citi | Hold | Reiterated | $185.00 | +7.9% | 08/20/2026 |
Shrenik Kothari Robert W. Baird | Hold | Maintained | $165.00 | -3.8% | 08/03/2026 |
Shyam Patil Susquehanna | Hold | Maintained | $160.00 | -6.7% | 07/31/2026 |
Jonathan Ho William Blair | Hold | Maintained | - | - | 07/30/2026 |
Joseph Gallo Jefferies | Hold | Maintained | $190.00 | +10.8% | 07/30/2026 |
Brian Essex J.P. Morgan | Sell | Reiterated | $118.00 | -31.2% | 07/30/2026 |
Peter Levine Evercore ISI | Hold | Maintained | $165.00 | -3.8% | 07/30/2026 |
Ittai Kidron Oppenheimer | Hold | Maintained | - | - | 07/30/2026 |
Brad Zelnick Deutsche Bank | Hold | Maintained | $160.00 | -6.7% | 07/30/2026 |
Jonathan Ruykhaver Cantor Fitzgerald | Hold | Reiterated | $185.00 | +7.9% | 07/29/2026 |
Keith Bachman BMO Capital | Hold | Maintained | $185.00 | +7.9% | 07/30/2026 |
Junaid Siddiqui Truist Financial | Buy | Reiterated | $183.00 | +6.7% | 07/30/2026 |
Patrick Colville Scotiabank | Hold | Reiterated | $163.00 | -5% | 07/30/2026 |
Tal Liani Bank of America Securities | Buy | Reiterated | $220.00 | +28.3% | 07/30/2026 |
Catharine Trebnick Rosenblatt Securities | Buy | Reiterated | $195.00 | +13.7% | 07/30/2026 |
Gabriela Borges Goldman Sachs | Buy | Reiterated | $190.00 | +10.8% | 07/30/2026 |
Mike Cikos Needham | Hold | Maintained | - | - | 07/30/2026 |
Unknown Analyst Guggenheim | Hold | Maintained | - | - | 07/29/2026 |
Rob Owens Piper Sandler | Hold | Maintained | $175.00 | +2% | 07/30/2026 |
Meta Marshall Morgan Stanley | Hold | Maintained | $136.00 | -20.7% | 07/30/2026 |
Gray Powell BTIG | Buy | Reiterated | $203.00 | +18.4% | 07/30/2026 |
Imtiaz Koujalgi Roth MKM | Hold | Maintained | $110.00 | -35.9% | 07/28/2026 |
Stephen Bersey HSBC | Sell | Downgraded | $102.00 | -40.5% | 06/29/2026 |
Markus Leistner DZ BANK AG | Hold | Downgraded | $125.00 | -27.1% | 05/19/2026 |
Unknown Analyst Susquehanna | Hold | Reiterated | $115.00 | -32.9% | 05/08/2026 |
Todd Weller CFA Stephens | Hold | Maintained | $115.00 | -32.9% | 05/07/2026 |
Eric Heath KeyBanc | Hold | Maintained | - | - | 05/07/2026 |
Ellie Bagshaw Arete Research | Buy | Upgraded | $104.00 | -39.4% | 04/27/2026 |
Madeline Brooks Bank of America Securities | Buy | Maintained | $120.00 | -30% | 02/05/2026 |
Next call in 9 days
Wed, Oct 28, 10:30 PM
Fiscal period
Q3 2026
- Normalized EPS / Est. (USD)
- GAAP EPS / Est. (USD)
- / $0.86
Revenue / Est. (USD)
- / 2.06B
Fiscal Q3 2026 earnings call
youtube_liveWaiting for the earnings call
At a glance: upcoming earnings
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
- Quarterly
- Annual
All values in USD | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
Revenue | 1.72B | 1.90B | 1.85B | 2.05B |
Cost of goods sold | 331.70M | 389.20M | 364.50M | 404.70M |
Cost of revenue | 331.70M | 389.20M | 364.50M | 404.70M |
Research and development expenses | 202.40M | 205.00M | 214.00M | 225.00M |
Total research and development expenses | - | - | - | - |
Selling, general, and admin expenses | 644.90M | 686.60M | 692.50M | 730.20M |
Operating expense | 847.30M | 891.60M | 906.50M | 955.20M |
Total operating expenses | 1.18B | 1.28B | 1.27B | 1.36B |
Operating income | 545.90M | 624.20M | 578.60M | 688.00M |
Other non operating income | -1.10M | 2.10M | 800.00K | -4.20M |
EBT including unusual items | 594.60M | 650.80M | 656.50M | 721.30M |
EBT excluding unusual items | 579.10M | 649.30M | 608.00M | 714.90M |
Income tax expense | 120.70M | 144.80M | 122.00M | 115.00M |
Effective tax rate | 20.30% | 22.25% | 18.58% | 15.94% |
Other operating expenses | - | - | - | - |
Net income | 473.90M | 506.00M | 534.50M | 606.30M |
Net profit margin | 27.47% | 26.56% | 28.90% | 29.61% |
Earnings per share | 0.74 | 0.81 | 0.82 | 0.90 |
Interest and investment income | 40.70M | 32.30M | 32.90M | 33.20M |
Interest expense | -6.20M | -4.40M | -4.20M | -3.20M |
Net interest expenses | 34.50M | 27.90M | 28.70M | 30.00M |
Depreciation and amortization charges | - | - | - | - |
EBITDA | 584.30M | 663.70M | 618.40M | 729.40M |
Gain or loss from assets sale | - | - | - | - |
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider | Position | Type | Date | Shares | Amount |
|---|---|---|---|---|---|
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