Fortinet, Inc.

NASDAQ:FTNT

$95.05 USD

$0.99 (1.05%)

Volume
2.12M
Average Volume
4.74M
Market Capitalization
$72.85B
P/E Ratio
47.53
Dividend Yield
0.00%
Price Target
$70.30
Year High
$100.59
Year Low
$50.65
Payout Ratio
$0.00
Current Ratio
$1.34

Industry, Sector & symbol

Stock Exchange NASDAQ Global Select
CEO Mr. Ken Xie
Industry Software - Infrastructure
Sector Technology
Current Symbol FTNT
CUSIP 34959E109
CIK 0001262039
Web https://www.fortinet.com
Phone 408 235 7700
Currency USD
Employees 13986
Country US

Liquidity

Debt-to-Equity Ratio 1.09
Payout Ratio 0.00
Current Ratio 1.34
Quick Ratio 1.25
Cash Ratio 0.64

Sales & Book Value

Annual Sales $5.3B
Price / Sales 12.76
Cash Flow 2.18
Price / Cash Flow 43.78
Price / Book 80.07

Price Target and Rating

Average Stock Price Forecast $70.30
High Stock Price Forecast $111.00
Low Stock Price Forecast $55.00
Forecast Upside/Downside 35.21%
Consensus Rating Neutral
Rating Score(0-5) 3
Research Coverage 27 Analysts

Profitability

EPS (Most Recent Fiscal Year) $1.46
Trailing P/E Ratio 47.53
PEG Ratio 2.71
P/E Growth 2.71
Net Income $1.15B
Net Margin 26.79%
Pretax Margin 32.49%
Return on Equity 1027.81%
Return on Assets 17.28%

Financials Score

AltmanZ Score 6.89
Piotroski Score 7.00
Working Capital 1.34B
Total Assets 8.85B
Ebit 1.77B
Market Cap 72.85B
Total Liabilities 7.94B

Poll Results

About Fortinet, Inc. (NASDAQ:FTNT) Stock

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager p ... roduct family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Is Fortinet (FTNT) a Solid Growth Stock? 3 Reasons to Think "Yes"

2024-11-29 13:51:10

Fortinet (FTNT) could produce exceptional returns because of its solid growth attributes.

Buy 3 Cybersecurity Stocks Ahead of Cyber Monday for Long-Term Gains

2024-11-27 09:41:07

An online network can run efficiently if its security measures remain rock solid. Three Cybersecurity giants for investment are: FTNT, DDOG, PLTR.

Is Fortinet (FTNT) Outperforming Other Computer and Technology Stocks This Year?

2024-11-22 10:45:52

Here is how Fortinet (FTNT) and Innovid Corp. (CTV) have performed compared to their sector so far this year.

3 Internet Software Stocks to Buy for Growth & Momentum: FIVN, FTNT, TOST

2024-11-19 20:40:45

The Zacks Internet-Software Industry is currently in the top 14% of nearly 250 Zacks industries, with several stocks starting to stand out in terms of growth and momentum.

Fortinet Targets 45% Growth-Margin Combo, $450 Million Refresh Boost: Analysts See Big Upside

2024-11-19 16:11:56

On November 7, Fortinet reported third-quarter revenue of $1.51 billion, up 13%, topping the consensus estimate of $1.48 billion. Product revenue was up 1.7% to $473.9 million.

Frequently Asked Questions

What is the current Fortinet, Inc. (FTNT) stock price?

Fortinet, Inc.(NASDAQ:FTNT) stock price is $95.05 in the last trading session. During the trading session, FTNT stock reached the peak price of $100.59 while $50.65 was the lowest point it dropped to. The percentage change in FTNT stock occurred in the recent session was 1.05% while the dollar amount for the price change in FTNT stock was $0.99.

FTNT's industry and sector of operation?

The NASDAQ listed FTNT is part of Software - Infrastructure industry that operates in the broader Technology sector.

Who are the executives of FTNT?

Mr. John Whittle J.D. | Chief Operating Officer & Corporate Secretary
Mr. Matthew Pley | Executive Vice President of America Sales
Mr. Robert May | Executive Vice President of Technology & Product Management
Mr. Keith F. Jensen | Chief Financial Officer
Ms. Christiane Ohlgart | Chief Accounting Officer & Principal Accounting Officer

How many employees does FTNT have?

Number of FTNT employees currently stands at 13986. FTNT operates from 899 Kifer Road, Sunnyvale, CA 94086, US.

Link for FTNT official website?

Official Website of FTNT is: https://www.fortinet.com

How do I contact FTNT?

FTNT could be contacted at phone #408 235 7700 and can also be accessed through its website. FTNT operates from 899 Kifer Road, Sunnyvale, CA 94086, US.

How many shares of FTNT are traded daily?

The average number of FTNT shares traded daily for last 3 months was 4.74M.

What is the market cap of FTNT currently?

The market value of FTNT currently stands at $72.85B with its latest stock price at $95.05