FortinetFTNT
About: Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
Employees: 14,898
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
41% more first-time investments, than exits
New positions opened: 157 | Existing positions closed: 111
22% more repeat investments, than reductions
Existing positions increased: 552 | Existing positions reduced: 453
12% more capital invested
Capital invested by funds: $48.5B [Q1] → $54.1B (+$5.68B) [Q2]
1.63% more ownership
Funds ownership: 65.55% [Q1] → 67.19% (+1.63%) [Q2]
1% more funds holding
Funds holding: 1,333 [Q1] → 1,349 (+16) [Q2]
4% less call options, than puts
Call options by funds: $454M | Put options by funds: $474M
19% less funds holding in top 10
Funds holding in top 10: 26 [Q1] → 21 (-5) [Q2]
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
Citigroup Fatima Boolani | 9%upside $85 | Neutral Maintained | 18 Aug 2025 |
Evercore ISI Group Amit Daryanani | 0%upside $78 | In-Line Maintained | 8 Aug 2025 |
JP Morgan Brian Essex | 12%upside $87 | Neutral Maintained | 7 Aug 2025 |
Scotiabank Patrick Colville | 9%upside $85 | Sector Outperform Maintained | 7 Aug 2025 |
UBS Roger Boyd | 16%upside $90 | Neutral Maintained | 7 Aug 2025 |
Financial journalist opinion
Based on 60 articles about FTNT published over the past 30 days









