FORTINET INC (FTNT) Stock Price, Forecast & Analysis
USA - NASDAQ:FTNT - US34959E1091 - Common Stock
FTNT Key Statistics, Chart & Performance
The current stock price of FTNT is 81.79 USD. In the past month the price decreased by -1.51%. In the past year, price decreased by -11.14%.
FTNT Latest News, Press Relases and Analysis
FTNT Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| MSFT | MICROSOFT CORP | 34.33 | 3.69T | ||
| ORCL | ORACLE CORP | 39.16 | 682.08B | ||
| NOW | SERVICENOW INC | 51.86 | 179.27B | ||
| PANW | PALO ALTO NETWORKS INC | 63.56 | 143.69B | ||
| CRWD | CROWDSTRIKE HOLDINGS INC - A | 149.12 | 135.47B | ||
| ZS | ZSCALER INC | 97.56 | 50.66B | ||
| GEN | GEN DIGITAL INC | 10.69 | 15.87B | ||
| RBRK | RUBRIK INC-A | N/A | 14.42B | ||
| PATH | UIPATH INC - CLASS A | 22.7 | 7.59B | ||
| GTLB | GITLAB INC-CL A | 46.96 | 7.59B | ||
| FROG | JFROG LTD | 75.95 | 7.00B | ||
| DLB | DOLBY LABORATORIES INC-CL A | 16 | 6.24B |
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About FTNT
Company Profile
Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers, government organizations, and small to medium-sized businesses. The company is headquartered in Sunnyvale, California and currently employs 14,898 full-time employees. The company went IPO on 2009-11-18. The Company’s integrated platform, Fortinet Security Fabric, spans secure networking, unified Secure Access Service Edge (SASE) and artificial intelligence (AI)-driven security operations (SecOps). Its products and services include FortiOS, FortiASIC, FortiCloud, FortiAI, FortiEndpoint, and OT Security. The FortiGuard Labs is a cybersecurity threat intelligence and research organization comprised of experienced threat hunters, researchers, analysts, engineers and data scientists who develop and utilize machine learning and AI technologies. FortiGuard and Other Security Services are a suite of AI-powered security capabilities that are integrated as part of the Fortinet Security Fabric to deliver coordinated detection and enforcement across the entire attack surface. FortiCare Technical Support Service is a per-device technical support service. The company also operates Fortinet Training Institute.
Company Info
FORTINET INC
909 Kifer Road
Sunnyvale CALIFORNIA 94086 US
CEO: Ken Xie
Employees: 14898
Phone: 14082357700
FORTINET INC / FTNT FAQ
What does FORTINET INC do?
Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers, government organizations, and small to medium-sized businesses. The company is headquartered in Sunnyvale, California and currently employs 14,898 full-time employees. The company went IPO on 2009-11-18. The Company’s integrated platform, Fortinet Security Fabric, spans secure networking, unified Secure Access Service Edge (SASE) and artificial intelligence (AI)-driven security operations (SecOps). Its products and services include FortiOS, FortiASIC, FortiCloud, FortiAI, FortiEndpoint, and OT Security. The FortiGuard Labs is a cybersecurity threat intelligence and research organization comprised of experienced threat hunters, researchers, analysts, engineers and data scientists who develop and utilize machine learning and AI technologies. FortiGuard and Other Security Services are a suite of AI-powered security capabilities that are integrated as part of the Fortinet Security Fabric to deliver coordinated detection and enforcement across the entire attack surface. FortiCare Technical Support Service is a per-device technical support service. The company also operates Fortinet Training Institute.
What is the current price of FTNT stock?
The current stock price of FTNT is 81.79 USD. The price increased by 1.55% in the last trading session.
Does FORTINET INC pay dividends?
FTNT does not pay a dividend.
What is the ChartMill rating of FORTINET INC stock?
FTNT has a ChartMill Technical rating of 2 out of 10 and a ChartMill Fundamental rating of 7 out of 10.
How is the market expecting FTNT stock to perform?
50 analysts have analysed FTNT and the average price target is 91.48 USD. This implies a price increase of 11.85% is expected in the next year compared to the current price of 81.79.
Who owns FORTINET INC?
You can find the ownership structure of FORTINET INC (FTNT) on the Ownership tab.
What is the outstanding short interest for FORTINET INC?
The outstanding short interest for FORTINET INC (FTNT) is 3.19% of its float.
FTNT Technical Analysis
ChartMill assigns a technical rating of 2 / 10 to FTNT. When comparing the yearly performance of all stocks, FTNT is a bad performer in the overall market: 60.35% of all stocks are doing better.
FTNT Fundamental Analysis
ChartMill assigns a fundamental rating of 7 / 10 to FTNT. FTNT scores excellent points on both the profitability and health parts. This is a solid base for a good stock.
FTNT Financial Highlights
Over the last trailing twelve months FTNT reported a non-GAAP Earnings per Share(EPS) of 2.7. The EPS increased by 26.17% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 30.6% | ||
| ROA | 18.23% | ||
| ROE | 94.14% | ||
| Debt/Equity | 0.24 |
FTNT Forecast & Estimates
50 analysts have analysed FTNT and the average price target is 91.48 USD. This implies a price increase of 11.85% is expected in the next year compared to the current price of 81.79.
For the next year, analysts expect an EPS growth of 8.48% and a revenue growth 14.58% for FTNT