FTNT logo

FORTINET INC

FTNTNASDAQ
πŸ† #115 by market capEarnings Oct 29 Β· PostπŸ”’Cybersecurity
$174.77β–Ό $1.54 (βˆ’0.88%)
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🏦Market Cap
$128.05B
Mid Cap
πŸ“ˆRevenue Growth (YoY)
+18.8%
Healthy
πŸ“ŠGross Margin
80.2%
High
πŸ’΅FCF Margin
41.4%
Strong
βš–οΈP/S Ratio
17.1x
Expensive
Otter Score
88
Very Good
No chart data available for FTNT.

Trading Snapshot

Day Range
$173.59 – $177.23
52-Week Range
$73.55 – $181.37
Volume
$5.89B
Avg Volume
$6.04B
Shares Outstanding
732.6M
Next Earnings
Nov 19, 2026

Fundamentals Snapshot

Annual Revenue
$6.80B
Last Q Revenue
$2.05B
P/E Ratio
60.8
P/S Ratio
17.1x
EPS (TTM)
$2.84
Dividend Yield
β€”
Dilution (1yr)
βˆ’3.5%

Why Investors Own FTNT

  • βœ“High-growth profile β€” revenue up +36.4% YoY with expanding Cybersecurity exposure.
  • βœ“Healthy economics β€” 75% gross margin and 23% free-cash-flow margin.
  • βœ“Mission-critical spend that holds up across budget cycles.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

FTNT logo

FORTINET INC

FTNT
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$6.8Bβ–² +14.2% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
80.8%β–² +0.3% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$2.1Bβ–² +15.4% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$2.2Bβ–² +18.4% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
748.0Mβ–Ό βˆ’3.5% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$1.5Bβ–Ό βˆ’$383M YoY
StockOtter Β· stockotter.space

About FORTINET INC

Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized security tools. These range from FortiSwitch for secure network switching and FortiAP for robust wireless connectivity, to FortiExtender, a versatile hardware appliance. For centralized network visibility and control, clients utilize FortiAnalyzer for logging, analysis, and reporting, and FortiManager for scalable administration of FortiGate devices. The company further fortifies digital defenses with FortiWeb (web application firewalls), FortiMail (secure email gateways), and FortiSandbox technology, which offers proactive threat detection and mitigation. Endpoint protection is a key focus, delivered through FortiClient (featuring pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall) and the advanced FortiEDR/XDR suite, which leverages machine learning for anti-malware execution and real-time post-infection defense. Additionally, FortiToken and FortiAuthenticator product families provide essential multi-factor authentication to safeguard systems and data. Fortinet's service offerings include security subscriptions, technical support, professional consulting, and training programs. Its robust security technologies are distributed both directly to end-users and through an extensive network of channel partners. The company serves a wide array of sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare. Headquartered in Sunnyvale, California, Fortinet, Inc. was established in 2000 and maintains a strategic alliance with Linksys.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Very Good
88/100

Analyst Ratings

β“˜
Consensus
Hold
52 analysts
Strong Buy5
Buy11
Hold30
Sell5
Strong Sell1
Ratings as of Sep 2026

Latest News & Updates

MarketBeatΒ·2d ago

2 Cybersecurity Stocks Breaking Out as AI Continues to Be a Tailwind

For a while, the rise of artificial intelligence (AI) looked like it might be a problem for cybersecurity companies. The worry was that leading AI labs could easily replicate and outperform the software built by establis

Zacks Investment ResearchΒ·3d ago

Fortinet (FTNT) Stock Sinks As Market Gains: What You Should Know

Fortinet (FTNT) closed at $173.46 in the latest trading session, marking a -2.92% move from the prior day.

Defense WorldΒ·4d ago

Envestnet Portfolio Solutions Inc. Increases Position in Fortinet, Inc. $FTNT

Envestnet Portfolio Solutions Inc. grew its position in Fortinet, Inc. (NASDAQ: FTNT) by 681.7% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 40

Defense WorldΒ·5d ago

Fortinet (NASDAQ:FTNT) Hits New 52-Week High – Should You Buy?

Fortinet, Inc. (NASDAQ: FTNT - Get Free Report)'s stock price hit a new 52-week high on Tuesday. The company traded as high as $177.25 and last traded at $174.4260, with a volume of 19005 shares. The stock had previously

24/7 Wall StreetΒ·5d ago

7 Cybersecurity Stocks Riding the AI Security Boom

U.S. cybersecurity stocks jumped after warnings about erratic AI behavior. Palo Alto Networks rose 10.0% and Fortinet 8.8% in the September 11–18 trading week.

Zacks Investment ResearchΒ·6d ago

Add These 4 GARP Stocks to Your Portfolio to Receive Handsome Returns

The GARP strategy helps investors gain exposure to stocks that have solid prospects and are trading at a discount. FTNT, ABBNY, EAT and HALO are some such stocks.