Fortinet, Inc. (FTNT)

NASDAQ · Information Technology · Software - Infrastructure
By Alex · Tickerpine
$127.22
-2.32 (-1.79%)
Price — last 10 years monthly, dividend-adjusted · hover for detail
Market Cap
$93.47B
P/E (TTM)
41.6
Forward P/E
32.6
EPS (TTM)
$3.06
ROE
153.08%
Profit Margin
28.96%
Revenue Growth
20.50%
Dividend Yield
0.00%
Beta
1.04
52W High
$197.13
52W Low
$73.55
Analyst Target
$145.03

FTNT stock forecast: what analysts expect

Consensus rating
Hold
Avg. 12-month target
$145.03
Implied upside
+14.0%

Wall Street analysts covering Fortinet, Inc. currently rate the stock a Hold on average, with a mean 12-month price target of $145.03 — +14.0% versus the last price of $127.22. Targets reflect analyst opinion, not a guarantee.

What would an investment in FTNT be worth today?
Run FTNT through our free historical return calculator.
Calculate FTNT returns →

FTNT historical returns

PeriodTotal returnAnnualized (CAGR)$1,000 grew to
1 year +56.8% +56.9% $1,568
3 years +142% +34.3% $2,420
5 years +91.5% +13.9% $1,915
10 years +2,013% +35.7% $21,133
Since 2009 +7,388% +28.9% $74,879

Based on monthly dividend-adjusted prices. See the full breakdown on what if you had invested in FTNT.

FTNT annual returns by year

2026 YTD +60.2%
2025 -16.0%
2024 +61.4%
2023 +19.7%
2022 -32.0%
2021 +142.0%
2020 +39.1%
2019 +51.6%
2018 +61.2%
2017 +45.1%

Congress trading in FTNT

9 members of Congress have disclosed trading FTNT — 10 purchases and 7 sales worth an estimated $185,000. Most recent disclosure: Oct 31, 2025.

See who in Congress traded FTNT →

Insider activity in FTNT

FTNT's own executives and directors have made 0 open-market purchases ($0) and 19 sales ($30.7M) in the last 90 days, per SEC Form 4 filings. Most recent: Nov 2, 2026.

Nov 2, 2026Xie Ken President & CEO Sell $4.2M
Nov 2, 2026Xie Ken President & CEO Sell $1.5M
Nov 2, 2026Xie Ken President & CEO Sell $1.7M
Nov 2, 2026Xie Ken President & CEO Sell $1.8M
Nov 2, 2026Xie Ken President & CEO Sell $7.8M

About Fortinet, Inc.

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.

Company website ↗

FTNT Key Statistics

Previous Close$129.54P/E Ratio41.6
Market Cap$93.47BPEG Ratio1.51
Revenue (TTM)$7.88BROE153.08%
Gross Margin79.75%ROA15.22%
Debt / Equity24.9Employees15,540

FTNT in plain English

FTNT stock: frequently asked questions

What is Fortinet, Inc.'s stock price today?

Fortinet, Inc. (FTNT) last traded at $127.22 on the NASDAQ. Over the past 52 weeks the stock has traded between $73.55 and $197.13.

Is FTNT stock a buy or a sell?

Wall Street analysts' consensus rating on FTNT is "Hold", with an average 12-month price target of $145.03 — about +14.0% versus the current price of $127.22. Analyst targets are opinions, not guarantees; always do your own research.

How much would $1,000 invested in FTNT 10 years ago be worth today?

A $1,000 investment in Fortinet, Inc. made 10 years ago would be worth about $21,133 today (dividends reinvested) — a total return of 2,013%, or 35.7% per year.

Does FTNT pay a dividend?

No — Fortinet, Inc. does not currently pay a meaningful dividend. Returns for shareholders come from changes in the share price.

What is FTNT's P/E ratio?

FTNT trades at a trailing price-to-earnings ratio of 41.6, and 32.6 times expected forward earnings. The P/E ratio tells you how many dollars investors pay for each $1 of the company's annual profit.

Do members of Congress trade FTNT stock?

Yes — 9 members of Congress have disclosed trades in FTNT under the STOCK Act, totaling 10 purchases and 7 sales worth an estimated $185,000.

What is Fortinet, Inc.'s ticker symbol?

Fortinet, Inc. trades under the ticker symbol FTNT on the NASDAQ.

Compare FTNT with peers

FTNT vs AAPLApple Inc. $356.27 FTNT vs NVDANVIDIA Corporation $162.85 FTNT vs MSFTMicrosoft Corporation $523.88 FTNT vs AVGOBroadcom Inc. $347.01 FTNT vs MUMicron Technology, Inc. $778.31

Data last refreshed from public sources. Figures may be delayed. Not investment advice.