- Previous Close
76.98 - Open
77.76 - Bid 77.98 x 700
- Ask 78.03 x 700
- Day's Range
76.82 - 78.20 - 52 Week Range
44.12 - 78.50 - Volume
3,144,257 - Avg. Volume
5,138,151 - Market Cap (intraday)
59.67B - Beta (5Y Monthly) 1.00
- PE Ratio (TTM)
46.16 - EPS (TTM)
1.69 - Earnings Date Nov 7, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
73.79
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products. The company also provides the Fortinet Unified SASE solutions that include firewall, SD-WAN, Secure web gateway, cloud access services broker, data loss prevention, zero trust network access, and cloud security, including web application firewalls, virtualized firewalls, and cloud-native firewalls. In addition, it offers security operations solutions comprising FortiAI generative AI assistant, FortiSIEM security information and event management, FortiSOAR security orchestration, automation and response, FortiEDR endpoint detection and response, FortiXDR extended detection and response, FortiMDR managed detection and response service, FortiNDR network detection and response, FortiRecon digital risk protection, FortiDeceptor deception technology, FortiGuard SoCaaS, FortiSandbox sandboxing, FortiGuard incident response, and other products. Further, the company offers FortiGuard security services consisting of FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training services to customers and channel partners, as well as operates a FortiGuard Lab, a cybersecurity threat intelligence and research organization. It serves enterprise, communication and security service providers, government organizations, and small and medium-sized businesses. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.
www.fortinet.com13,527
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: FTNT
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Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: FTNT
View MoreValuation Measures
Market Cap
59.67B
Enterprise Value
57.32B
Trailing P/E
46.16
Forward P/E
33.90
PEG Ratio (5yr expected)
1.64
Price/Sales (ttm)
10.93
Price/Book (mrq)
207.05
Enterprise Value/Revenue
10.35
Enterprise Value/EBITDA
33.83
Financial Highlights
Profitability and Income Statement
Profit Margin
23.71%
Return on Assets (ttm)
11.60%
Return on Equity (ttm)
430.88%
Revenue (ttm)
5.54B
Net Income Avi to Common (ttm)
1.31B
Diluted EPS (ttm)
1.69
Balance Sheet and Cash Flow
Total Cash (mrq)
3.34B
Total Debt/Equity (mrq)
373.42%
Levered Free Cash Flow (ttm)
1.41B
Research Analysis: FTNT
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View MoreLowering target price to $84.00
FORTINET INC has an Investment Rating of BUY; a target price of $84.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice TargetLowering target price to $83.00
FORTINET INC has an Investment Rating of BUY; a target price of $83.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice TargetLowering target price to $84.00
FORTINET INC has an Investment Rating of BUY; a target price of $84.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice TargetRaising target price to $84.00
FORTINET INC has an Investment Rating of BUY; a target price of $84.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice Target