FTNT icon

Fortinet

111.64 USD
+1.66
1.51%
At close Feb 14, 4:00 PM EST
After hours
111.70
+0.06
0.05%
1 day
1.51%
5 days
2.75%
1 month
20.70%
3 months
18.19%
6 months
53.37%
Year to date
17.83%
1 year
57.51%
5 years
368.29%
10 years
1,591.52%
 

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: 13,986

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 22 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

91% more funds holding in top 10

Funds holding in top 10: 11 [Q2] → 21 (+10) [Q3]

72% more first-time investments, than exits

New positions opened: 158 | Existing positions closed: 92

25% more capital invested

Capital invested by funds: $31.3B [Q2] → $39B (+$7.73B) [Q3]

12% more repeat investments, than reductions

Existing positions increased: 425 | Existing positions reduced: 379

5% more funds holding

Funds holding: 1,047 [Q2] → 1,100 (+53) [Q3]

2.5% less ownership

Funds ownership: 67.96% [Q2] → 65.46% (-2.5%) [Q3]

24% less call options, than puts

Call options by funds: $638M | Put options by funds: $839M

Research analyst outlook

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

Low target
$78
30%
downside
Avg. target
$110
2%
downside
High target
$135
21%
upside

22 analyst ratings

10 positive
45%
11 neutral
50%
negative
5%
Susquehanna
Shyam Patil
81% 1-year accuracy
39 / 48 met price target
1%downside
$110
Neutral
Maintained
10 Feb 2025
RBC Capital
Dan Bergstrom
50% 1-year accuracy
4 / 8 met price target
3%upside
$115
Sector Perform
Maintained
7 Feb 2025
Cantor Fitzgerald
Jonathan Ruykhaver
82% 1-year accuracy
9 / 11 met price target
3%upside
$115
Neutral
Maintained
7 Feb 2025
Goldman Sachs
Gabriela Borges
72% 1-year accuracy
21 / 29 met price target
16%upside
$130
Buy
Maintained
7 Feb 2025
Scotiabank
Patrick Colville
92% 1-year accuracy
36 / 39 met price target
21%upside
$135
Sector Outperform
Maintained
7 Feb 2025

Financial journalist opinion

Based on 40 articles about FTNT published over the past 30 days

Positive
The Motley Fool
1 day ago
Is Fortinet Stock a Buy Now?
Fortinet (FTNT 1.51%) stock has been in scintillating form on the stock market over the past six months, rising a remarkable 55% as of this writing on the back of solid quarterly reports that point toward an improvement in the cybersecurity specialist's growth profile.
Is Fortinet Stock a Buy Now?
Positive
Zacks Investment Research
3 days ago
Fortinet (FTNT) Is Up 6.72% in One Week: What You Should Know
Does Fortinet (FTNT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Fortinet (FTNT) Is Up 6.72% in One Week: What You Should Know
Positive
Zacks Investment Research
3 days ago
Investors Heavily Search Fortinet, Inc. (FTNT): Here is What You Need to Know
Zacks.com users have recently been watching Fortinet (FTNT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Investors Heavily Search Fortinet, Inc. (FTNT): Here is What You Need to Know
Positive
Market Watch
3 days ago
20 stocks of companies that have put up excellent numbers this earnings season, including a surprise
It's a good sign when a company can increase sales rapidly while also maintaining pricing power and improving efficiency.
20 stocks of companies that have put up excellent numbers this earnings season, including a surprise
Positive
MarketBeat
3 days ago
Double-Digit Gains Ahead? These 2 Cybersecurity Stocks Look Ready
Fortinet NASDAQ: FTNT and Cloudflare NYSE: NET are two cybersecurity stocks poised for double-digit gains in 2025. They are poised for double-digit gains because of their differentiated positions in a rapidly growing market, utility to clients, 2024 results, 2025 guidance, cash flow, and analysts' sentiment.
Double-Digit Gains Ahead? These 2 Cybersecurity Stocks Look Ready
Positive
Zacks Investment Research
4 days ago
Is FTNT Stock a Buy on Q4 Earnings Beat & Rising EPS Estimates?
Fortinet beats Q4 estimates with 45.1% EPS growth. Strong margins, SASE expansion and AI security drive a positive 2025 outlook.
Is FTNT Stock a Buy on Q4 Earnings Beat & Rising EPS Estimates?
Neutral
GlobeNewsWire
4 days ago
Fortinet at Mobile World Congress: Join Us to Explore Sovereign SASE Innovations
Learn how the Fortinet Security Fabric platform supports and enables service providers' journey for innovation, growth, and efficiency Learn how the Fortinet Security Fabric platform supports and enables service providers' journey for innovation, growth, and efficiency
Fortinet at Mobile World Congress: Join Us to Explore Sovereign SASE Innovations
Neutral
Zacks Investment Research
6 days ago
Why Fortinet (FTNT) International Revenue Trends Deserve Your Attention
Explore how Fortinet's (FTNT) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
Why Fortinet (FTNT) International Revenue Trends Deserve Your Attention
Positive
Zacks Investment Research
6 days ago
Looking for Earnings Beat? Buy These 5 Top-Ranked Stocks
Top-ranked stocks Urban Outfitters (URBN), Leidos (LDOS), Fortinet (FTNT), Affirm (AFRM) and Zillow Group Class C (Z) are likely to beat on the bottom line in their upcoming releases.
Looking for Earnings Beat? Buy These 5 Top-Ranked Stocks
Positive
MarketBeat
6 days ago
Cybersecurity Stocks Are Soaring—Here's Why These 3 Stand Out
In recent years, the broader technology sector has often been the driving force behind market growth. However, at the start of 2025, a specific industry within tech has emerged as the clear outperformer: cybersecurity.
Cybersecurity Stocks Are Soaring—Here's Why These 3 Stand Out
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