Fortinet (FTNT) Stock Price

Fortinet Price

NASDAQ·CLOSED
189.28
​
Market closed

Revenue has compounded at 23.5% per year over the past 19 years to 6.80 B USD. Earnings per share have grown at 37.4% per year over the last 17 years. Fortinet's net margin stands at 27.3%, up from 18.2% several years earlier. Analysts set a median price target of 165.00 USD, implying 12.8% below the current price. Of 52 analysts, 16 rate the stock a buy — an overall Hold consensus.

Fortinet stock price

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Fortinet business model & stock analysis

Fortinet Inc. is an American IT security company specializing in the development, production, and marketing of advanced security solutions for businesses, service providers, and government agencies. Established in 2000 by Ken Xie, the former founder and CEO of Netscreen Technologies, the company is headquartered in Sunnyvale, California. Fortinet's business model focuses on the development of cybersecurity solutions. They offer advanced and comprehensive security solutions based on the latest technologies and strategies, capable of defending against various security threats such as viruses, malware, phishing, DDoS attacks, ransomware, etc. Fortinet follows a multi-level strategy to expand its business, relying on partnerships, mergers, and acquisitions in the cybersecurity industry. Fortinet began as a small startup company in California in 2000. In 2001, they introduced their first product, the FortiGate, which served as a Unified Threat Management (UTM) device, incorporating multiple security features such as firewall, VPN, Intrusion Prevention System (IPS), antivirus, and anti-spam. In 2003, the company launched the FortiManager and FortiAnalyzer product lines to enable centralized administration and comprehensive reporting of security events. Over the years, Fortinet has expanded its portfolio and now offers a wide range of products and solutions based on the latest technologies and strategies. In 2019, the company's revenue amounted to $2.16 billion. Fortinet offers a variety of products and solutions specializing in different areas of cybersecurity, including network and endpoint security, cloud security, application security, IoT and OT security and management, as well as consulting and professional services. The product range includes: - FortiGate: A network security device that includes firewall, VPN, IPS, application control, anti-malware, anti-spam, and web filtering. - FortiWeb: A web-based firewall that enhances the security of critical web applications. - FortiMail: An email security solution that blocks spam and malware, filters content, and provides encryption. - FortiDDoS: A solution for defending against Distributed Denial-of-Service (DDoS) attacks. - FortiClient: An endpoint security solution that ensures the security of devices. - FortiOS: An operating system and framework that controls most of Fortinet's products. - FortiManager: A centralized management system that enables configuration and administration of Fortinet security products. - FortiAnalyzer: A central reporting and analysis system that provides a comprehensive and detailed overview of security events. In conclusion, Fortinet has become a global leader in the cybersecurity industry in recent years. The company delivers advanced and comprehensive security solutions and relies on cooperation and acquisitions to consolidate its position in the industry. With a strong product portfolio and a high commitment to research and development, Fortinet will continue to play a significant role in the cybersecurity industry in the future.

Frequently asked questions about Fortinet

Fortinet Inc is primarily active in the cybersecurity industry.

The main competitors of Fortinet Inc in the market include Cisco Systems, Palo Alto Networks, Check Point Software Technologies, and Juniper Networks.

Fortinet Inc. is a leading cybersecurity company with a robust business model. The company provides organizations with integrated and comprehensive solutions to protect their digital assets from advanced threats. Fortinet offers a range of security products and services, including network security, endpoint security, cloud security, and more. By leveraging its innovative technologies and expertise, Fortinet helps businesses safeguard their networks, applications, and data against cyber threats, ensuring uninterrupted operations and peace of mind. Through its proactive approach and dedication to delivering top-notch cybersecurity solutions, Fortinet Inc. has established itself as a trusted leader in the industry.

Fortinet Inc is a leading cybersecurity company founded in 2000 by Ken Xie. With its headquarters in Sunnyvale, California, Fortinet Inc has established itself as a global provider of network security solutions. The company offers a range of products and services, including firewalls, anti-malware, intrusion prevention systems, and secure email gateways. Fortinet Inc has a strong presence in the industry and is well-known for its innovative and effective cybersecurity solutions. Over the years, the company has earned numerous accolades for its commitment to security and has emerged as a trusted name in protecting organizations against advanced cyber threats.

Fortinet Inc has achieved several significant milestones since its inception. The company successfully launched its IPO in 2009, marking a major accomplishment in its financial growth. It has consistently demonstrated strong growth, with its revenue surpassing $1 billion in 2011. Fortinet has gained a strong foothold in the cybersecurity market, becoming a leading provider of network security appliances and services. It has received numerous industry accolades and awards for its innovative solutions and commitment to customer satisfaction. Over the years, Fortinet has expanded its global presence, establishing a vast customer base across various industries. With continuous advancements in its product offerings and strategic acquisitions, Fortinet Inc has positioned itself as a prominent player in the cybersecurity industry.

Fortinet Inc is primarily present globally, with operations in various countries and regions. The company has a significant presence in North America, including the United States and Canada, where its headquarters are located. Fortinet Inc also has a strong foothold in the Asia Pacific region, with a notable presence in countries such as China, Japan, India, and Australia. Additionally, it has a growing customer base in Europe, including key markets like the United Kingdom, Germany, France, and the Netherlands. Overall, Fortinet Inc's global presence allows it to cater to customers and provide cybersecurity solutions across different continents and markets.

Fortinet Inc is a renowned cybersecurity company that upholds a strong set of values and corporate philosophy. With a commitment to protect and secure organizations' digital assets, Fortinet prioritizes innovation, trust, and customer-centricity. The company believes in delivering cutting-edge solutions and staying ahead of cyber threats to ensure the highest level of security for its clients. Fortinet's philosophy revolves around providing comprehensive, integrated, and automated cybersecurity solutions to empower businesses globally. With a relentless focus on quality, reliability, and continuous improvement, Fortinet Inc is dedicated to safeguarding its customers' networks and fostering a secure digital future.

Analysts currently set an average price target of 159.39 USD for the Fortinet stock (median: 165.00 USD), implying -15.8 % versus the latest price. The consensus is based on 52 analyst ratings.

52 analysts currently rate the Fortinet stock: 16 recommend buying, 30 holding and 6 selling. For 2026, analysts expect Fortinet to generate revenue of 8.12 B USD and earnings per share of 3.53 USD.

Converted at the current exchange rate, the Fortinet share trades at 169.02 EUR (189.28 USD).

The Fortinet share (FTNT) is listed on 7 stock exchanges, including: NASDAQ (FTNT), London (0IR9.L), SIX (Zürich) (FO8.SW), Frankfurt (FO8.F), München (FO8.MU), Düsseldorf (FO8.DU).

Fortinet Inc is a multinational company that offers cybersecurity solutions and was founded in 2000. The company provides a wide range of solutions for businesses of all sizes, including networking and security, cloud security, and endpoint protection. Fortinet's networking and security products include firewalls, WiFi, switches, and threat protection services. Their cloud security solutions allow businesses to safely operate in the cloud, while their endpoint protection offerings protect against malware and other attacks. Fortinet is based in Sunnyvale, California, and offers 24/7 customer support and cloud-based security solutions. The company is known for its innovative technologies and ability to provide tailored cybersecurity solutions worldwide.

The expected revenue of Fortinet is 8.12 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Fortinet is 2.64 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Fortinet is currently 53.68. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Fortinet stock.

The price-to-sales ratio (P/S) of Fortinet is currently 17.44. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Fortinet stock.

The Eulerpool Quality Score for Fortinet is 7/10.

The ISIN of Fortinet is US34959E1091. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Fortinet is A0YEFE. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Fortinet is FTNT. The ticker symbol is used to trade Fortinet shares on the stock exchange.

Fair ValueTerminal
155.21 USD
Over-/UndervaluationTerminal
Fairly valued
Industry
Software
Number of shares
Employees
Revenue per Employee
450,036.40 USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website fortinet.com
Currency
USD
Initial public offering
Jun 8, 2009
ISIN
US34959E1091
Cusip
34959E109
Sedol
B5B2106
Market capitalization
144.72 B USDLarge Cap
52-Week Range
PEG
42.47
P/E ratio
P/Ee 2026
54.87
P/Ee 2027
50.14
P/Ee 2028
44.34
P/Ee 2029
53.32
P/Ee 2030
50.19
P/Se
17.44
EV/EBIT
67.59
P/B Ratio
116.95
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
82.97 %
Last updated Oct 8, 2026, 6:21 AM

Fortinet Ticker

DÜSSELDORF · FO8.DUFRANKFURT · FO8.FLONDON · 0IR9.LLONDON STOCK EXCHANGE · 0IR9.LMUNICH · FO8.MUNASDAQ · FTNTSIX · FO8.SW

Fortinet FIGI

FTNT:US · BBG000BCMBG4FTNT:UA · BBG000BCMBR2FTNT:UC · BBG000BCMCC6FTNT:UN · BBG000BCMCY2FTNT:UP · BBG000BCMD52FTNT:UB · BBG000BCMFC9FTNT:UM · BBG000BCMH53FTNT:UX · BBG000BCMHJ8FTNT:UD · BBG000BCMM25FTNT:UW · BBG000BCMNX9FTNT:UF · BBG000BCMPH2FTNT:VY · BBG000BCMPW5

All fundamentals and in-depth analysis of Fortinet

Our stock analysis for Fortinet stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Fortinet. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.