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: 14,556
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
79% more first-time investments, than exits
New positions opened: 179 | Existing positions closed: 100
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: 527 | Existing positions reduced: 442
5% more funds holding
Funds holding: 1,268 [Q4 2024] → 1,326 (+58) [Q1 2025]
0% more capital invested
Capital invested by funds: $48.2B [Q4 2024] → $48.4B (+$122M) [Q1 2025]
1.17% less ownership
Funds ownership: 66.61% [Q4 2024] → 65.44% (-1.17%) [Q1 2025]
10% less funds holding in top 10
Funds holding in top 10: 29 [Q4 2024] → 26 (-3) [Q1 2025]
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
Evercore ISI Group Amit Daryanani | 5%upside $78 | In-Line Maintained | 8 Aug 2025 |
JP Morgan Brian Essex | 17%upside $87 | Neutral Maintained | 7 Aug 2025 |
Scotiabank Patrick Colville | 14%upside $85 | Sector Outperform Maintained | 7 Aug 2025 |
UBS Roger Boyd | 21%upside $90 | Neutral Maintained | 7 Aug 2025 |
Stifel Adam Borg | 14%upside $85 | Hold Maintained | 7 Aug 2025 |
Financial journalist opinion
Based on 49 articles about FTNT published over the past 30 days
