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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15,109
Website
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fortinet.com
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge 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. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Metrics
BasicAdvanced
Market cap
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$62.8B
P/E ratio
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34.88
EPS
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$2.42
Dividend Yield
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0.00%
Beta
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1.04
Forward P/E ratio
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28.01
EBIDTA
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$2.23B
Ex dividend date
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-
Price & volume
Market cap
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$62.8B
Average daily volume
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6.4M
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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34.88
Forward P/E
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28.01
PEG ratio
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2.1
Trailing P/E
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34.88
Price to sales
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9.23
Price to book
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49.91
Earnings
EPS
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$2.42
EPS estimate (current quarter)
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$0.74
EPS estimate (next quarter)
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$0.65
EBITDA
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$2.23B
Revenues (TTM)
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$6.8B
Revenues per share (TTM)
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$8.97
Technicals
Beta
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1.04
52-week High
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$109.33
52-week Low
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$70.12
50-day moving average
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$80.53
200-day moving average
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$86.76
Short ratio
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2.33
Short %
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2.90%
Management effectiveness
ROE (TTM)
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135.72%
ROA (TTM)
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12.87%
Profit margin
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27.26%
Gross profit margin
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$5.47B
Operating margin
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32.77%
Growth
Quarterly earnings growth (YoY)
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-1.10%
Quarterly revenue growth (YoY)
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14.80%
Share stats
Outstanding Shares
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740M
Float
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622M
Insiders %
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17.43%
Institutions %
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71.59%
Analyst Insights & forecasts
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36% Buy

60% Hold

4% Sell

Based on information from 45 analysts.

Average price target

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$89.12
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$0.58
$0.53
9.43%
Q1 • 25Beat
$0.64
$0.59
8.47%
Q2 • 25Beat
$0.74
$0.63
17.46%
Q3 • 25Beat
$0.81
$0.74
9.46%
Q4 • 25Current
QuarterlyAnnual
Financial Performance
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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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$1.72B
$474M
27.47%
Q3 • 25
$1.91B
$506M
26.56%
Q4 • 25
10.44%
6.77%
-3.32%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$9.36B
$8.63B
92.15%
Q3 • 25
$10.4B
$9.15B
88.09%
Q4 • 25
10.98%
6.09%
-4.40%
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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$655M
$-176M
$-1.85B
$568M
Q3 • 25
$620M
$-3.5M
$-72.7M
$577M
Q4 • 25
-5.34%
-98.01%
-96.07%
1.74%
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 740M 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 $109.33.

What is Fortinet Inc 52 week low?
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Fortinet Inc 52 week low is $70.12.

What is the 200-day moving average of Fortinet Inc?
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Fortinet Inc 200-day moving average is $86.76.

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 15,109 employees.

What is the market cap of Fortinet Inc?
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The market cap of Fortinet Inc is $62.8B.

What is the P/E of Fortinet Inc?
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The current P/E of Fortinet Inc is 34.88.

What is the EPS of Fortinet Inc?
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The EPS of Fortinet Inc is $2.42.

What is the PEG Ratio of Fortinet Inc?
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The PEG Ratio of Fortinet Inc is 2.1.

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