Fortinet
FTNT
Market cap $77.2B

100.83 USD

-0.83

0.82%

At close Jun 13, 4:00 PM EDT

After hours

101.10

+0.27

0.27%

1 day

-0.82%

5 days

-3.72%

1 month

-4.02%

3 months

7.93%

6 months

2.94%

Year to date

6.42%

1 year

67.41%

5 years

270.97%

10 years

1,128.14%

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: 14,556

Technology Software - Infrastructure

0

Funds holding %

of 7,296 funds

0

Analysts bullish %

of 13 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

79% more first-time investments, than exits

New positions opened: 177 | Existing positions closed: 99

35% more call options, than puts

Call options by funds: $828M | Put options by funds: $613M

19% more repeat investments, than reductions

Existing positions increased: 525 | Existing positions reduced: 441

4% more funds holding

Funds holding: 1,265 [Q4 2024] → 1,320 (+55) [Q1 2025]

1% less capital invested

Capital invested by funds: $48.2B [Q4 2024] → $47.9B (-$354M) [Q1 2025]

1.82% less ownership

Funds ownership: 66.61% [Q4 2024] → 64.8% (-1.82%) [Q1 2025]

10% less funds holding in top 10

Funds holding in top 10: 29 [Q4 2024] → 26 (-3) [Q1 2025]

See Fund Rankings

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$95

6%

downside

Avg. target

$106

5%

upside

High target

$120

19%

upside

13 analyst ratings

4 positive

31%

9 neutral

69%

0 negative

0%

UBS Roger Boyd	4%upside $105	Neutral Maintained	8 May 2025
Wedbush Daniel Ives	19%upside $120	Outperform Maintained	8 May 2025
RBC Capital Dan Bergstrom	4%upside $105	Sector Perform Maintained	8 May 2025
Keybanc Eric Heath	14%upside $115	Overweight Maintained	8 May 2025
Scotiabank Patrick Colville	14%upside $115	Sector Outperform Maintained	8 May 2025

See Analyst Rankings

Financial journalist opinion

Based on 21 articles about FTNT published over the past 30 days

Zacks Investment Research

Is Fortinet's FortiGuard AI Service Becoming a Key Growth Driver?

FTNT leans into FortiGuard AI to drive growth, as services now make up 70% of revenues and power key product innovations.

Is Fortinet's FortiGuard AI Service Becoming a Key Growth Driver?

20 stocks of companies that have improved profit margins and are expected to grow quickly

These companies are more profitable than they were a year ago. They are also expected to put up huge sales growth numbers through 2027.

20 stocks of companies that have improved profit margins and are expected to grow quickly

Zacks Investment Research

SentinelOne vs. Fortinet: Which Cybersecurity Stock is the Better Buy?

S is outpacing FTNT in AI-led security, platform growth and adoption across the enterprise and public sectors.

SentinelOne vs. Fortinet: Which Cybersecurity Stock is the Better Buy?

Investors Business Daily

Computer Security Player Fortinet Jumps 72% In A Year, Nears Buy Point

Fortinet, part of the top-ranking computer software-security industry group, is just 6% below a fresh buy point.

Computer Security Player Fortinet Jumps 72% In A Year, Nears Buy Point

Zacks Investment Research

Why Is Fortinet (FTNT) Up 5.9% Since Last Earnings Report?

Fortinet (FTNT) reported earnings 30 days ago. What's next for the stock?

Why Is Fortinet (FTNT) Up 5.9% Since Last Earnings Report?

Fortinet Unveils New AI-Powered Workspace Security Suite to Protect the Modern Enterprise

SUNNYVALE, Calif., June 04, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced enhancements to its data and productivity security portfolio, expanding FortiMail with the launch of the FortiMail Workspace Security suite.

Fortinet Unveils New AI-Powered Workspace Security Suite to Protect the Modern Enterprise

Fortinet, Inc. (FTNT) Bank of America Global Technology Conference (Transcript)

Fortinet, Inc. (NASDAQ:FTNT ) Bank of America Global Technology Conference June 3, 2025 12:20 PM ET Company Participants Ken Xie - CEO Christiane Ohlgart - CFO Conference Call Participants Tal Liani - BAML Tal Liani [Call Started Abruptly] I wanted to get your perspective. Christiane Ohlgart Yes.

Fortinet, Inc. (FTNT) Bank of America Global Technology Conference (Transcript)

Zacks Investment Research

What Makes Fortinet (FTNT) a New Buy Stock

Fortinet (FTNT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Fortinet (FTNT) a New Buy Stock

Zacks Investment Research

Is Fortinet (FTNT) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how Fortinet (FTNT) and CyberAgent (CYGIY) have performed compared to their sector so far this year.

Is Fortinet (FTNT) Stock Outpacing Its Computer and Technology Peers This Year?

Fortinet's Sticky Firewall Offerings Trigger Further Upside Potential - Initiate Buy

Fortinet's sticky firewall offerings have been exemplified by the robust performance metrics, as the increased adoption/cross-selling trigger higher ARRs and backlog. This is on top of the expanding profit margins and cash flows, with it already triggering the richer balance sheet and ongoing shareholder returns through share retirement. Despite the recent recovery, FTNT may deliver a further double digits upside potential, aided by the management's raised FY 2025 guidance.

Fortinet's Sticky Firewall Offerings Trigger Further Upside Potential - Initiate Buy

See News Rankings

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