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Fortinet Inc (FTNT)

Fortinet, Inc. is a common stock listing on NASDAQ representing the cybersecurity company Fortinet Inc. The company develops and sells cybersecurity and converged networking solutions for customers worldwide. Its portfolio includes the FortiOS operating system, FortiASIC-based security processing units, FortiCloud software-as-a-service, FortiAI, FortiEndpoint, and OT Security offerings. Fortinet also provides secure networking products such as firewalls, wireless local area networking, and secure connectivity, along with its Unified Secure Access Service Edge solutions and cloud security tools. In addition, the company supplies AI-driven security operations products, threat intelligence through FortiGuard Labs, and related FortiGuard and FortiCare services. Founded in 2000, Fortinet is headquartered in Sunnyvale, California.


Stock Summary Fair Value Profitability & Growth Quality & Risk Events & Dividends Market Outlook FAQ

Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Free Cash Flow / Net Income
NASDAQ-FTNT
$146.79
-18.4% Downside
Overvalued
$169.31
-5.9% Downside
Fair
Great
0.0%
62.3x
85.1x
17.5x
132.1 B
128.6 B
0.4%
84.4%
10.0
147.0%
Valuation • Fair Value

Fortinet Inc (NASDAQ-FTNT) Fair Value by Valuation Model

Review the available estimates for Fortinet Inc (NASDAQ-FTNT), including DCF Fair Value, Ben Graham Formula Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$146.79

Estimated downside of 18.4% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

DCF Fair Value

$148.24

Discounted cash flow valuation reference.

Ben Graham Formula Value

$32.07

Classic Ben Graham valuation formula reference.

Comps Fair Value

$145.35

Comparable-company valuation reference.

Analyst Price Target

$169.31

Analysts imply downside of 5.9%.

How to read these valuation models

Use the 6 available valuation references for Fortinet Inc (NASDAQ-FTNT) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Fortinet Inc (NASDAQ-FTNT)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

7.527 B

Current operating scale indicator.

Revenue Forecast

8.108 B

Forward revenue estimate.

EBITDA

2.596 B

Current operating profitability reference.

EBITDA Forecast

3.084 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Fortinet Inc (NASDAQ-FTNT) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Fortinet Inc (NASDAQ-FTNT)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Great

Positive financial-health read.

Piotroski Score

7

Relatively strong quality score.

Beneish M-Score

-2.79

No elevated caution signal from this screen.

Altman Z-Score

10.0

Relatively strong balance-sheet zone.

FCF / Net Income

147.0%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Fortinet Inc (NASDAQ-FTNT). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Dividend Profile for Fortinet Inc (NASDAQ-FTNT)

Review the dividend metrics currently supported by the latest data.

Dividend Yield

0.0%

No current dividend yield is indicated.

How to read events and dividends

The latest data indicates no current dividend yield for Fortinet Inc (NASDAQ-FTNT). No upcoming dividend amount or event date is currently available.

Stock Forecast • Technical Outlook

Fortinet Inc (NASDAQ-FTNT) Stock Forecast & Technical Outlook

Review Fortinet Inc (NASDAQ-FTNT) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for Fortinet Inc (NASDAQ-FTNT) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Buy

The 1-hour technical read for Fortinet Inc (NASDAQ-FTNT) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Neutral

The daily technical read for Fortinet Inc (NASDAQ-FTNT) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Buy

The weekly technical read for Fortinet Inc (NASDAQ-FTNT) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for Fortinet Inc (NASDAQ-FTNT) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Fortinet Inc (NASDAQ-FTNT)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Hold

Based on the available recommendation mix, Fortinet Inc (NASDAQ-FTNT) has a Hold consensus, with 7 buy, 31 hold and 4 sell recommendations in the current data set.

Buy 7
Hold 31
Sell 4
FAQ • Fast Investor Answers

Fortinet Inc (NASDAQ-FTNT) Stock FAQ

Data-supported answers about Fortinet Inc (NASDAQ-FTNT), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$146.79
Estimated downside 18.4%
Valuation Rating
Overvalued
Estimated downside of 18.4%
Analyst Target
$169.31
Implied downside 5.9%
Financial Health
Great
Current financial-health read

The current fair value estimate for Fortinet Inc (NASDAQ-FTNT) is $146.79. This implies an estimated downside of 18.4% versus the current market price.

Based on the current fair value estimate, the stock appears overvalued, with estimated downside of 18.4% versus the current market price.

The available analyst price target for Fortinet Inc (NASDAQ-FTNT) is $169.31. The analyst target implies estimated downside of 5.9%.

The current financial health read for Fortinet Inc (NASDAQ-FTNT) is Great. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The latest available data indicates no current dividend yield for Fortinet Inc (NASDAQ-FTNT).

The current P/E ratio listed for Fortinet Inc (NASDAQ-FTNT) is 62.3x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Fortinet Inc is 132.1 B.

The current enterprise value listed for Fortinet Inc is 128.6 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Fortinet Inc is NASDAQ-FTNT, and the stock is listed on NASDAQ.

Fortinet Inc (NASDAQ-FTNT) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Fortinet Inc is 0.4%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Fortinet Inc is 84.4%. Free float helps investors understand how much of the share base is available for public trading.

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