Fortinet
FTNT
Market cap $74.6B

103.76 USD

-0.45

0.43%

At close Apr 30, 4:00 PM EDT

After hours

104.10

+0.34

0.33%

1 day

-0.43%

5 days

6.98%

1 month

7.79%

3 months

2.80%

6 months

31.78%

Year to date

9.51%

1 year

64.23%

5 years

381.48%

10 years

1,274.30%

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: 14,138

Technology Software - Infrastructure

0

Funds holding %

of 7,425 funds

0

Analysts bullish %

of 14 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

286% more first-time investments, than exits

New positions opened: 243 | Existing positions closed: 63

33% more funds holding in top 10

Funds holding in top 10: 21 [Q3] → 28 (+7) [Q4]

26% more capital invested

Capital invested by funds: $38.5B [Q3] → $48.6B (+$10.1B) [Q4]

14% more funds holding

Funds holding: 1,102 [Q3] → 1,259 (+157) [Q4]

2.09% more ownership

Funds ownership: 65.02% [Q3] → 67.1% (+2.09%) [Q4]

9% more repeat investments, than reductions

Existing positions increased: 445 | Existing positions reduced: 407

18% less call options, than puts

Call options by funds: $679M | Put options by funds: $824M

See Fund Rankings

Research analyst outlook

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

Low target

$100

4%

downside

Avg. target

$115

10%

upside

High target

$135

30%

upside

14 analyst ratings

5 positive

36%

9 neutral

64%

0 negative

0%

Cantor Fitzgerald Jonathan Ruykhaver 55% 1-year accuracy 11 / 20 met price target	4%downside $100	Neutral Maintained	24 Apr 2025
Roth Capital Taz Koujalgi 75% 1-year accuracy 15 / 20 met price target	1%downside $103	Neutral Initiated	23 Apr 2025
Morgan Stanley Hamza Fodderwala 70% 1-year accuracy 21 / 30 met price target	1%upside $105	Overweight Maintained	16 Apr 2025
Stephens & Co. Todd Weller 100% 1-year accuracy 4 / 4 met price target	4%upside $108	Equal-Weight Initiated	1 Apr 2025
Jefferies Joseph Gallo 67% 1-year accuracy 14 / 21 met price target	1%upside $105	Hold Maintained	31 Mar 2025

See Analyst Rankings

Financial journalist opinion

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

Zacks Investment Research

Fortinet Trades at a Premium: Should You Hold or Fold the Stock?

Despite FTNT's solid growth, competitive pressures and macro headwinds suggest investors may benefit from awaiting a more attractive entry point in 2025.

Fortinet Trades at a Premium: Should You Hold or Fold the Stock?

Zacks Investment Research

Fortinet (FTNT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Fortinet (FTNT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Fortinet (FTNT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

These 3 Cybersecurity Stocks Are Defying the Downturn

The technology sector, which had been primarily responsible for powering the market's recent ascent until this year, was at the forefront of the recent downturn, weighed down by global economic uncertainty and a renewed wave of risk-off sentiment. However, within the broader tech landscape, one industry has stood out for its relative strength and resilience: cybersecurity stocks.

These 3 Cybersecurity Stocks Are Defying the Downturn

Vodafone Business and Fortinet Expand Global Partnership to Secure Hybrid Work

Vodafone Business expands its converged networking and cybersecurity services powered by the Fortinet Unified SASE solution to new global markets. Vodafone Business has been also designated “Fortinet Global Partner” due to its expertise in designing, deploying, and managing secure connected enterprise solutions globally.

Vodafone Business and Fortinet Expand Global Partnership to Secure Hybrid Work

Fortinet Threat Report Reveals Record Surge in Automated Cyberattacks as Adversaries Weaponize AI and Fresh Techniques

FortiGuard Labs 2025 Global Threat Landscape Report highlights a boom in Cybercrime-as-a-Service on the darknet, fueling a lucrative market for credentials, exploits, and access

Fortinet Threat Report Reveals Record Surge in Automated Cyberattacks as Adversaries Weaponize AI and Fresh Techniques

Zacks Investment Research

Fortinet (FTNT) Laps the Stock Market: Here's Why

The latest trading day saw Fortinet (FTNT) settling at $101.84, representing a +1.11% change from its previous close.

Fortinet (FTNT) Laps the Stock Market: Here's Why

Fortinet: Three Major Growth Catalysts

Fortinet: Three Major Growth Catalysts

Fortinet: Three Major Growth Catalysts

Zacks Investment Research

4 Cybersecurity Stocks Set to Shine in the AI-Driven Digital Era

As digital transformation speeds up and cyber threats intensify, cybersecurity stocks are poised to deliver market-beating returns.

4 Cybersecurity Stocks Set to Shine in the AI-Driven Digital Era

Zacks Investment Research

Fortinet, Inc. (FTNT) Is a Trending Stock: Facts to Know Before Betting on It

Recently, Zacks.com users have been paying close attention to Fortinet (FTNT). This makes it worthwhile to examine what the stock has in store.

Fortinet, Inc. (FTNT) Is a Trending Stock: Facts to Know Before Betting on It

Zacks Investment Research

Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now

See News Rankings

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