$75.16
0.85% day before yesterday
Nasdaq, Sep 06, 10:05 pm CET
ISIN
US34959E1091
Symbol
FTNT

Fortinet, Inc. Stock price

$75.16
+19.35 34.66% 1M
+3.84 5.38% 6M
+16.63 28.40% YTD
+12.93 20.77% 1Y
+11.12 17.36% 3Y
+59.14 369.13% 5Y
+69.87 1,320.70% 10Y
Nasdaq, Closing price Fri, Sep 06 2024
-0.65 0.85%
ISIN
US34959E1091
Symbol
FTNT
Sector

Key metrics

Market capitalization $57.49b
Enterprise Value $55.14b
P/E (TTM) P/E ratio 44.41
EV/FCF (TTM) EV/FCF 35.05
EV/Sales (TTM) EV/Sales 9.96
P/S ratio (TTM) P/S ratio 10.38
P/B ratio (TTM) P/B ratio 199.28
Revenue growth (TTM) Revenue growth 11.02%
Revenue (TTM) Revenue $5.54b
EBIT (operating result TTM) EBIT $1.44b
Free Cash Flow (TTM) Free Cash Flow $1.57b
Cash position $3.34b
EPS (TTM) EPS $1.69
P/E forward 42.16
P/S forward 9.82
EV/Sales forward 9.42
Short interest 2.06%
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Fortinet, Inc. Stock Analysis

Analyst Opinions

42 Analysts have issued a Fortinet, Inc. forecast:

16x Buy
38%
26x Hold
62%

Analyst Opinions

42 Analysts have issued a Fortinet, Inc. forecast:

Buy
38%
Hold
62%

Financial data from Fortinet, Inc.

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Jun '24
+/-
%
5,537 5,537
11% 11%
100%
- Direct Costs 1,219 1,219
1% 1%
22%
4,319 4,319
14% 14%
78%
- Selling and Administrative Expenses 2,112 2,112
9% 9%
38%
- Research and Development Expense 648 648
14% 14%
12%
1,559 1,559
22% 22%
28%
- Depreciation and Amortization 116 116
7% 7%
2%
EBIT (Operating Income) EBIT 1,442 1,442
23% 23%
26%
Net Profit 1,313 1,313
24% 24%
24%

In millions USD.

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Fortinet, Inc. Stock News

Positive
Forbes
5 days ago
How fast are earnings growing on a growth stock? How big a premium do you have to pay to get that stock?
Positive
The Motley Fool
6 days ago
The solid growth in Fortinet's revenue and margins last quarter has sparked a tremendous rally in the stock. The company is pulling the right strings as it has managed to increase its margins and is building a robust revenue pipeline.
Positive
Market Watch
8 days ago
Kellanova led the list after accepting a takeout offer from Mars, while Starbucks might have been the month's biggest positive surprise.
More Fortinet, Inc. News

Company Profile

Fortinet, Inc. provides cybersecurity solutions to variety of business, such as enterprises, communication service providers and small businesses. It operates through the following segments: Network Security; Infrastructure Security; Cloud Security; and Endpoint Protection, Internet of Things and Operational Technology. The Network Security segment include majority of product sales from it FortiGate network security appliances. The Infrastructure Security segment provide platform which is an architectural approach that protects the entire digital attack surface, including network core, endpoints, applications, data centers and private and public cloud. Together with it network of Fabric-Ready Partners, the Fortinet Security Fabric platform enables disparate security devices to work together as an integrated, automated and collaborative solution. The Cloud Security segment provides help to the customers connect securely to and across their cloud environments by offering security through it virtual firewall and other software products in public and private cloud environments. The Endpoint Protection, Internet of Things and Operational Technology segment include the proliferation of Internet of Things (IoT) and an Operational Technology (OT) device has generated new opportunities for it to grow it business. IoT and OT have created an environment where data move freely between devices across locations, network environments, remote offices, mobile workers and public cloud environments, making the data difficult to consistently track and secure. The company was founded by Ken Xie and Michael Xie in October 2000 and is headquartered in Sunnyvale, CA.

Head office United States
CEO Ken Xie
Employees 13,568
Founded 2000
Website www.fortinet.com

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