About Fortinet Inc
Ticker
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FTNT
Trading on
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NASDAQ
ISIN
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US34959E1091
Industry
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Software - Infrastructure
Sector
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Technology
CEO
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Ken Xie
Headquarters
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909 Kifer Road, Sunnyvale, CA, United States, 94086
Employees
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14,556
Website
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fortinet.com
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers secure networking solutions that focus on the convergence of networking and security; network firewall solutions, which consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless local area network (LAN) solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless LAN access points, and FortiExtender 5G connectivity gateways. It also provides the Fortinet Unified Secure Access Service Edge (SASE) solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. In addition the company offers artificial intelligence-driven security operation solutions, which provides a suite of cybersecurity solutions that identify, protect, detect, respond, and recover from threats, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon that helps organizations ensuring attackers face multiple layers of detection and mitigation across endpoints, networks, and applications. Further, it offers FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training and certification programs, as well as operates FortiGuard Lab, a cybersecurity threat intelligence and research organization. The company serves large enterprises, communication service providers, government organizations, and small to medium-sized enterprises. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Metrics
BasicAdvanced
Market cap
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$78.5B
P/E ratio
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42.21
EPS
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$2.43
Dividend Yield
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0.00%
Beta
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1.17
Forward P/E ratio
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41.49
EBIDTA
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$2.06B
Ex dividend date
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-
Price & volume
Market cap
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$78.5B
Average daily volume
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5.1M
90-day return
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-
30-day return
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-
7-day return
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-
Dividends
Dividend per share
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$0.00
Dividend yield
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0.00%
Forward dividend per share
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$0.00
Forward dividend yield
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0.00%
Payout ratio
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0.00%
Valuation
P/E ratio
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42.21
Forward P/E
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41.49
PEG ratio
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2.86
Trailing P/E
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42.21
Price to sales
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12.78
Price to book
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39.99
Earnings
EPS
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$2.43
EPS estimate (current quarter)
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$0.53
EPS estimate (next quarter)
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$0.58
EBITDA
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$2.06B
Revenues (TTM)
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$6.14B
Revenues per share (TTM)
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$8.02
Technicals
Beta
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1.17
52-week High
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$114.82
52-week Low
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$54.57
50-day moving average
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$98.69
200-day moving average
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$90.66
Short ratio
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3.66
Short %
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3.23%
Management effectiveness
ROE (TTM)
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205.91%
ROA (TTM)
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13.33%
Profit margin
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30.60%
Gross profit margin
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$5B
Operating margin
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29.06%
Growth
Quarterly earnings growth (YoY)
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43.60%
Quarterly revenue growth (YoY)
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13.80%
Share stats
Outstanding Shares
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765M
Float
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647M
Insiders %
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16.97%
Institutions %
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72.49%
Analyst Insights & forecasts
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43% Buy

55% Hold

2% Sell

Based on information from 43 analysts.

Average price target

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$109.55
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$0.57
$0.41
39.02%
Q2 • 24Beat
$0.63
$0.52
21.15%
Q3 • 24Beat
$0.74
$0.61
21.31%
Q4 • 24Beat
$0.58
$0.38
52.63%
Q1 • 25Beat
-
-
-
Q2 • 25Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$1.66B
$526M
31.70%
Q4 • 24
$1.54B
$433M
28.15%
Q1 • 25
7.25%
17.64%
11.20%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$9.76B
$8.27B
84.70%
Q4 • 24
$10.4B
$8.44B
81.14%
Q1 • 25
6.60%
2.11%
4.20%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$478M
$-79.9M
$-8.8M
$380M
Q4 • 24
$863M
$-111M
$-32.7M
$797M
Q1 • 25
80.76%
38.67%
271.59%
109.68%
QoQ growth
QuarterlyAnnual

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Fortinet Inc share?
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Fortinet Inc shares are currently traded for undefined per share.

How many shares does Fortinet Inc have?
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Fortinet Inc currently has 765M shares.

Does Fortinet Inc pay dividends?
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No, Fortinet Inc doesn't pay dividends.

What is Fortinet Inc 52 week high?
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Fortinet Inc 52 week high is $114.82.

What is Fortinet Inc 52 week low?
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Fortinet Inc 52 week low is $54.57.

What is the 200-day moving average of Fortinet Inc?
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Fortinet Inc 200-day moving average is $90.66.

Who is Fortinet Inc CEO?
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The CEO of Fortinet Inc is Ken Xie.

How many employees Fortinet Inc has?
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Fortinet Inc has 14,556 employees.

What is the market cap of Fortinet Inc?
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The market cap of Fortinet Inc is $78.5B.

What is the P/E of Fortinet Inc?
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The current P/E of Fortinet Inc is 42.21.

What is the EPS of Fortinet Inc?
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The EPS of Fortinet Inc is $2.43.

What is the PEG Ratio of Fortinet Inc?
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The PEG Ratio of Fortinet Inc is 2.86.

What do analysts say about Fortinet Inc?
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According to the analysts Fortinet Inc is considered a hold.