FTNT icon

Fortinet

77.65 USD
+0.01
0.01%
At close Aug 26, 4:00 PM EDT
After hours
77.65
+0.00
0.00%
1 day
0.01%
5 days
-0.56%
1 month
-25.96%
3 months
-25.86%
6 months
-28.77%
Year to date
-18.05%
1 year
3.29%
5 years
182.98%
10 years
812.46%
 

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

0
Funds holding %
of 7,433 funds
0
Analysts bullish %
of 17 analysts

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

Low target
$75
3%
downside
Avg. target
$88
14%
upside
High target
$110
42%
upside

17 analyst ratings

positive
18%
13 neutral
76%
negative
6%
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

Positive
Seeking Alpha
4 hours ago
Fortinet: I'm Buying More After Q2 Results
Fortinet's 30% stock drop is unjustified in my view; fundamentals remain strong, and recent results do not break the investment thesis. Growth in high-margin, recurring revenue segments like Unified SASE (22%) and SecOps (35%) reinforces Fortinet's strategic positioning. Profitability remains sector-leading, with record gross margins and robust free cash flow, despite a temporary operating margin dip from strategic investments.
Fortinet: I'm Buying More After Q2 Results
Neutral
GlobeNewsWire
5 hours ago
Fortinet Named Title Partner of the Founders Cup
2026 Fortinet Founders Cup will be played at Sharon Heights Golf & Country Club in Menlo Park, California 2026 Fortinet Founders Cup will be played at Sharon Heights Golf & Country Club in Menlo Park, California
Fortinet Named Title Partner of the Founders Cup
Neutral
Seeking Alpha
1 day ago
Fortinet, Inc. (FTNT) Goldman Sachs Fireside Chat Conference Call (Transcript)
Fortinet, Inc. (NASDAQ:FTNT ) Goldman Sachs Fireside Chat Conference Call August 25, 2025 10:30 AM ET Company Participants Christiane Ohlgart - Chief Accounting Officer, CFO and Principal Financial & Accounting Officer Ken Xie - Co-Founder, Chairman & CEO Conference Call Participants Gabriela Borges - Goldman Sachs Group, Inc., Research Division Gabriela Borges All right. Fantastic.
Fortinet, Inc. (FTNT) Goldman Sachs Fireside Chat Conference Call (Transcript)
Neutral
GlobeNewsWire
1 day ago
Kirby McInerney LLP Announces Investigation Against Fortinet, Inc. on Behalf of Investors
NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Fortinet, Inc. (“Fortinet” or the “Company”) (NASDAQ: FTNT). The investigation concerns whether Fortinet and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
Kirby McInerney LLP Announces Investigation Against Fortinet, Inc. on Behalf of Investors
Positive
Zacks Investment Research
1 day ago
Fortinet Expands Share Buyback Program by $1B: Buy Now or Hold?
FTNT's $1B buyback expansion signals confidence, but premium valuation and rising competition suggest waiting for better entry points despite solid fundamentals.
Fortinet Expands Share Buyback Program by $1B: Buy Now or Hold?
Neutral
GlobeNewsWire
1 day ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortinet, Inc. - FTNT
NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Fortinet, Inc. (“Fortinet” or the “Company”) (NASDAQ: FTNT).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortinet, Inc. - FTNT
Neutral
PRNewsWire
4 days ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortinet, Inc. - FTNT
NEW YORK , Aug. 22, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Fortinet, Inc. ("Fortinet" or the "Company") (NASDAQ: FTNT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortinet, Inc. - FTNT
Neutral
GlobeNewsWire
5 days ago
Fortinet, Inc. Investors: Company Investigated by the Portnoy Law Firm
LOS ANGELES, Aug. 21, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Fortinet, Inc. (“Fortinet” or “the Company”) (NASDAQ: FTNT C) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Fortinet investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Fortinet, Inc. Investors: Company Investigated by the Portnoy Law Firm
Neutral
Business Wire
5 days ago
Securities Fraud Investigation Into Fortinet, Inc. (FTNT) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Fortinet, Inc. (“Fortinet” or the “Company”) (NASDAQ: FTNT) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FORTINET, INC. (FTNT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On August 6, 202.
Securities Fraud Investigation Into Fortinet, Inc. (FTNT) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Neutral
Business Wire
5 days ago
NASDAQ: FTNT Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Fortinet, Inc. (NASDAQ: FTNT) Investors with Significant Losses to Contact the Firm
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Fortinet, Inc. (NASDAQ: FTNT) (“Fortinet”). On August 6, 2025, Fortinet reported disappointing second-quarter 2025 financial results. In response, several analysts downgraded their rating on Fortinet's stock citing concerns regarding the company's firewall refresh cycle. On this news, Fortinet.
NASDAQ: FTNT Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Fortinet, Inc. (NASDAQ: FTNT) Investors with Significant Losses to Contact the Firm
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