$79.73
0.52% yesterday
Nasdaq, Nov 19, 10:10 pm CET
ISIN
US34959E1091
Symbol
FTNT

Fortinet, Inc. Stock price

$79.73
-5.13 6.05% 1M
-25.02 23.89% 6M
-14.75 15.61% YTD
-11.06 12.18% 1Y
+27.41 52.39% 3Y
+56.32 240.64% 5Y
+72.85 1,058.19% 10Y
+78.07 4,697.23% 20Y
Nasdaq, Closing price Wed, Nov 19 2025
-0.42 0.52%
ISIN
US34959E1091
Symbol
FTNT
Industry

New AI Insights on Fortinet, Inc. Insights AI Insights on Fortinet, Inc.

How does the company make money?
Who are the company’s main competitors?

Key metrics

Basic
Market capitalization
$59.3b
Enterprise Value
$57.2b
Net debt
positive
Cash
$3.1b
Shares outstanding
766.3m
Valuation (TTM | estimate)
P/E
32.4 | 31.0
P/S
9.0 | 8.6
EV/Sales
8.7 | 8.3
EV/FCF
28.2
P/B
80.7
Financial Health
Equity Ratio
15.3%
Return on Equity
116.8%
ROCE
44.2%
ROIC
65.7%
Debt/Equity
1.4
Financials (TTM | estimate)
Revenue
$6.6b | $6.9b
EBITDA
$2.2b | $2.4b
EBIT
$2.0b | $2.3b
Net Income
$1.9b | $2.0b
Free Cash Flow
$2.0b
Growth (TTM | estimate)
Revenue
14.8% | 15.6%
EBITDA
24.2% | 22.6%
EBIT
24.1% | 23.5%
Net Income
22.5% | 12.9%
Free Cash Flow
21.9%
Margin (TTM | estimate)
Gross
80.9%
EBITDA
33.1% | 34.9%
EBIT
30.9%
Net
28.6% | 28.6%
Free Cash Flow
31.0%
More
EPS
$2.5
FCF per Share
$2.6
Short interest
3.4%
Employees
14k
Rev per Employee
$420.0k
Show more

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Fortinet, Inc. Stock Analysis

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Analyst Opinions

50 Analysts have issued a Fortinet, Inc. forecast:

17x Buy
34%
31x Hold
62%
2x Sell
4%

Analyst Opinions

50 Analysts have issued a Fortinet, Inc. forecast:

Buy
34%
Hold
62%
Sell
4%

Financial data from Fortinet, Inc.

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Sep '25
+/-
%
6,555 6,555
15% 15%
100%
- Direct Costs 1,255 1,255
10% 10%
19%
5,300 5,300
16% 16%
81%
- Selling and Administrative Expenses 2,476 2,476
9% 9%
38%
- Research and Development Expense 802 802
18% 18%
12%
2,170 2,170
24% 24%
33%
- Depreciation and Amortization 148 148
25% 25%
2%
EBIT (Operating Income) EBIT 2,023 2,023
24% 24%
31%
Net Profit 1,874 1,874
22% 22%
29%

In millions USD.

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Fortinet, Inc. Stock News

Neutral
GlobeNewsWire
about 9 hours ago
NEW YORK, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of RCI Hospitality Holdings, Inc. (NASDAQ:RICK) and Fortinet, Inc. (NASDAQ:FTNT). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional i...
Neutral
PRNewsWire
about 9 hours ago
LOS ANGELES , Nov. 19, 2025 /PRNewswire/ -- Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Fortinet, Inc. ("Fortinet" or the "Company") (NASDAQ: FTNT). IF YOU SUFFERED A LOSS ON YOUR FORTINET INVESTMENTS, CLICK HERE BEFORE NOVEMBER 21, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAU...
Neutral
GlobeNewsWire
one day ago
LOS ANGELES, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming November 21, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Fortinet, Inc. (“Fortinet” or the “Company”) (NASDAQ: FTNT) common stock between November 8, 2024 and August 6, 2025, inclusive (the “Class Peri...
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 14,138
Founded 2000
Website www.fortinet.com

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