FortinetFTNT
FTNT
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
0
Funds holding %
of 7,312 funds
0
Analysts bullish %
of 12 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
80% more first-time investments, than exits
New positions opened: 178 | 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: 442
5% more funds holding
Funds holding: 1,265 [Q4 2024] → 1,322 (+57) [Q1 2025]
0% more capital invested
Capital invested by funds: $48.2B [Q4 2024] → $48.3B (+$18M) [Q1 2025]
1.31% less ownership
Funds ownership: 66.61% [Q4 2024] → 65.3% (-1.31%) [Q1 2025]
10% less funds holding in top 10
Funds holding in top 10: 29 [Q4 2024] → 26 (-3) [Q1 2025]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$95
4%
downside
Avg. target
$108
9%
upside
High target
$125
26%
upside
12 analyst ratings
5 positive
42%
7 neutral
58%
0 negative
0%
Rosenblatt Catharine Trebnick | 26%upside $125 | Buy Maintained | 17 Jun 2025 |
UBS Roger Boyd | 6%upside $105 | Neutral Maintained | 8 May 2025 |
Wedbush Daniel Ives | 21%upside $120 | Outperform Maintained | 8 May 2025 |
RBC Capital Dan Bergstrom | 6%upside $105 | Sector Perform Maintained | 8 May 2025 |
Keybanc Eric Heath | 16%upside $115 | Overweight Maintained | 8 May 2025 |
Financial journalist opinion
Based on 20 articles about FTNT published over the past 30 days
Negative
Zacks Investment Research
1 day ago
Fortinet (FTNT) Stock Sinks As Market Gains: Here's Why
In the latest trading session, Fortinet (FTNT) closed at $100.2, marking a -6.92% move from the previous day.
Positive
Zacks Investment Research
1 day ago
FTNT's Subscription-Based Services Gain Steam: A Sign of More Upside?
Fortinet's recurring revenues climb as demand for SASE and SecOps solutions drives its subscription model forward.
Positive
Zacks Investment Research
2 days ago
FTNT vs. CHKP: Which Network Security Stock is the Better Pick?
Fortinet beats Check Point with superior growth momentum, stronger SASE positioning, and firewall refresh catalysts.
Neutral
GlobeNewsWire
2 days ago
Fortinet Report: OT Cybersecurity Risk Elevates within Executive Leadership Ranks
More than half (52%) of organizations report that the CISO/CSO is responsible for OT, up from 16% in 2022, while 95% of organizations report that the C-suite is responsible for OT, up from 41% in 2022 More than half (52%) of organizations report that the CISO/CSO is responsible for OT, up from 16% in 2022, while 95% of organizations report that the C-suite is responsible for OT, up from 41% in 2022
Positive
The Motley Fool
3 days ago
10 Under-the-Radar Tech Stocks With Incredible Growth Potential
It's not exactly a secret that big technology stocks like Microsoft, Nvidia, and Alphabet have led the market for several years now. And rightfully so.
Positive
MarketBeat
3 days ago
Is Fortinet Ready to Break Out After Months of Consolidation?
Over the past few months, market momentum has surged, with several sectors outperforming the broader market. While financials, technology, and even utilities have all shown strength, the cybersecurity industry remains a consistent outperformer.
Positive
Seeking Alpha
1 week ago
Fortinet: SASE Subscription Fuels Margins
We rate Fortinet a Strong Buy with a $148 price target, driven by a subscription-led mix shift and unified platform momentum. Accelerating SASE and AI-powered SecOps adoption, plus a dominant firewall franchise, support recurring revenue durability and double-digit EPS growth through FY27. Valuation offers a 44% upside with a 50x FY26E P/E, below historical and peer medians, providing a margin of safety and asymmetric risk/reward.
Positive
Seeking Alpha
1 week ago
Fortinet: Highly Profitable, Founder-Led, And With Industry Tailwinds
The cybersecurity industry enjoys robust growth, with remote work, cloud, and AI providing strong tailwinds for Fortinet. Fortinet is led by its founders, who have a proven track record and a substantial stake in the company. Margin expansion, strong revenue growth, and high ROIC highlight Fortinet's focus on profitability versus peers.
Neutral
GlobeNewsWire
1 week ago
Fortinet to Announce Second Quarter 2025 Financial Results
SUNNYVALE, Calif., July 02, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its second quarter 2025 financial results on Wednesday, August 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).
Neutral
GlobeNewsWire
1 week ago
Fortinet Recognized as the Overall Leader for the Third Time in a Row in the Westlands Advisory IT/OT Network Protection Platform Navigator 2025™ Report
Fortinet earns top ranking in both Strategic Direction and Capability Fortinet earns top ranking in both Strategic Direction and Capability
Charts implemented using Lightweight Charts™