FTNT Stock Overview
Fortinet, Inc. provides cybersecurity and networking solutions worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for FTNT from our risk checks.
Fortinet, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$56.32 |
| 52 Week High | US$81.24 |
| 52 Week Low | US$42.61 |
| Beta | 1.13 |
| 1 Month Change | -4.02% |
| 3 Month Change | -27.82% |
| 1 Year Change | -1.47% |
| 3 Year Change | 154.63% |
| 5 Year Change | 276.12% |
| Change since IPO | 3,288.69% |
Recent News & Updates
When Should You Buy Fortinet, Inc. (NASDAQ:FTNT)?
Oct 16
An Intrinsic Calculation For Fortinet, Inc. (NASDAQ:FTNT) Suggests It's 39% Undervalued
Oct 02The Trend Of High Returns At Fortinet (NASDAQ:FTNT) Has Us Very Interested
Sep 17Here's Why We Think Fortinet (NASDAQ:FTNT) Might Deserve Your Attention Today
Aug 27Recent updates
When Should You Buy Fortinet, Inc. (NASDAQ:FTNT)?
Oct 16An Intrinsic Calculation For Fortinet, Inc. (NASDAQ:FTNT) Suggests It's 39% Undervalued
Oct 02The Trend Of High Returns At Fortinet (NASDAQ:FTNT) Has Us Very Interested
Sep 17Here's Why We Think Fortinet (NASDAQ:FTNT) Might Deserve Your Attention Today
Aug 27Fortinet (NASDAQ:FTNT) Has A Rock Solid Balance Sheet
Aug 13At US$78.92, Is It Time To Put Fortinet, Inc. (NASDAQ:FTNT) On Your Watch List?
Jul 16Calculating The Fair Value Of Fortinet, Inc. (NASDAQ:FTNT)
Jul 02We Think Fortinet (NASDAQ:FTNT) Might Have The DNA Of A Multi-Bagger
Jun 18Should You Be Adding Fortinet (NASDAQ:FTNT) To Your Watchlist Today?
May 22Fortinet (NASDAQ:FTNT) Seems To Use Debt Rather Sparingly
May 08What Is Fortinet, Inc.'s (NASDAQ:FTNT) Share Price Doing?
Apr 06Fortinet, Inc. (NASDAQ:FTNT) Shares Could Be 25% Below Their Intrinsic Value Estimate
Mar 22The Trend Of High Returns At Fortinet (NASDAQ:FTNT) Has Us Very Interested
Mar 07Should You Be Adding Fortinet (NASDAQ:FTNT) To Your Watchlist Today?
Feb 05At US$48.52, Is It Time To Put Fortinet, Inc. (NASDAQ:FTNT) On Your Watch List?
Jan 04Fortinet, Inc.'s (NASDAQ:FTNT) Intrinsic Value Is Potentially 44% Above Its Share Price
Dec 20Fortinet (NASDAQ:FTNT) Could Become A Multi-Bagger
Dec 05Do Fortinet's (NASDAQ:FTNT) Earnings Warrant Your Attention?
Oct 22Fortinet: Fairly Valued, Profitable And Growing Rapidly
Oct 04Should You Think About Buying Fortinet, Inc. (NASDAQ:FTNT) Now?
Sep 22Returns On Capital Are A Standout For Fortinet (NASDAQ:FTNT)
Sep 04Fortinet: Still A Bit Frothy After 30% Haircut
Sep 01Fortinet, NEC to develop secure 5G networks for CSPs
Aug 23Fortinet, Inc. (NASDAQ:FTNT) Shares Could Be 49% Below Their Intrinsic Value Estimate
Aug 17Fortinet: Evaluating The Prospects Amid Steepening Valuation
Aug 01Here's Why We Think Fortinet (NASDAQ:FTNT) Might Deserve Your Attention Today
Jul 20Fortinet (NASDAQ:FTNT) Could Easily Take On More Debt
Jul 06Is Fortinet Stock A Buy After Its Stock Split? We Like This Fantastic Earnings Growth Story
Jun 24Is It Time To Consider Buying Fortinet, Inc. (NASDAQ:FTNT)?
Jun 08Fortinet: Buy High, Sell Higher
Jun 07Fortinet: No Debt And Excellent Free Cash Flow
May 14Fortinet: The Cloudflare Of Hybrid Networking And Security
May 06Fortinet: The Best Cybersecurity Stock
Mar 15Fortinet: Top Cybersecurity Company Offered At A Discount
Feb 04Fortinet's (NASDAQ:FTNT) Returns On Capital Are Heading Higher
Jan 28Fortinet, Inc. (NASDAQ:FTNT) Shares Could Be 26% Below Their Intrinsic Value Estimate
Jan 18Avoid Fortinet For Now
Jan 05Is Now An Opportune Moment To Examine Fortinet, Inc. (NASDAQ:FTNT)?
Dec 25Returns Are Gaining Momentum At Fortinet (NASDAQ:FTNT)
Oct 23Fortinet: Currently At Neutral, A Huge Winner In Cybersecurity
Oct 22Estimating The Fair Value Of Fortinet, Inc. (NASDAQ:FTNT)
Oct 10Does Fortinet (NASDAQ:FTNT) Have A Healthy Balance Sheet?
Sep 28Does Fortinet (NASDAQ:FTNT) Deserve A Spot On Your Watchlist?
Sep 16Shareholder Returns
| FTNT | US Software | US Market | |
|---|---|---|---|
| 7D | 0.4% | 0.6% | -1.2% |
| 1Y | -1.5% | 31.5% | 5.9% |
Return vs Industry: FTNT underperformed the US Software industry which returned 27.8% over the past year.
Return vs Market: FTNT underperformed the US Market which returned 4.1% over the past year.
Price Volatility
| FTNT volatility | |
|---|---|
| FTNT Average Weekly Movement | 7.9% |
| Software Industry Average Movement | 7.0% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in US Market | 14.2% |
| 10% least volatile stocks in US Market | 2.7% |
Stable Share Price: FTNT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: FTNT's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 13,677 | Ken Xie | https://www.fortinet.com |
Fortinet, Inc. provides cybersecurity and networking solutions worldwide. 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 product family that provides centralized network logging, analyzing and reporting solutions.
Fortinet, Inc. Fundamentals Summary
| FTNT fundamental statistics | |
|---|---|
| Market Cap | US$44.18b |
| Earnings (TTM) | US$1.06b |
| Revenue (TTM) | US$4.99b |
41.8x
P/E Ratio8.9x
P/S RatioIs FTNT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FTNT income statement (TTM) | |
|---|---|
| Revenue | US$4.99b |
| Cost of Revenue | US$1.18b |
| Gross Profit | US$3.80b |
| Other Expenses | US$2.74b |
| Earnings | US$1.06b |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
Nov 02, 2023
| Earnings per share (EPS) | 1.35 |
| Gross Margin | 76.26% |
| Net Profit Margin | 21.24% |
| Debt/Equity Ratio | 308.6% |
How did FTNT perform over the long term?
See historical performance and comparison