How to buy Fortinet (FTNT) stocks

Fortinet is a software - infrastructure business based in the US. Fortinet shares (FTNT) are listed on the NASDAQ and all prices are listed in US Dollars.

Its last market close was $97.93 – a decrease of 8.31% over the previous week. Fortinet employs 14,138 staff and has a trailing 12-month revenue of around $6 billion.

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Fortinet stock price (NASDAQ: FTNT)

Use our graph to track the performance of FTNT stocks over time.

Fortinet stocks at a glance

• Key figures

Information last updated 2025-03-06.

Latest market close	$97.93
52-week range	$54.57 - $114.82
50-day moving average more info button	$101.66
200-day moving average more info button	$80.87
Wall St. target price	$114.50
PE ratio more info button	45.0089
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$2.26

Is it a good time to buy Fortinet stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

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Fortinet price performance over time

Historical closes compared with the close of $98.28 from 2025-03-11

1 week (2025-03-06)	-3.38%
1 month (2025-02-13)	-10.64%
3 months (2024-12-13)	0.34%
6 months (2024-09-13)	31.02%

1 year (2024-03-13)	40.04%
2 years (2023-03-13)	65.82%
3 years (2022-03-11)	76.05%
5 years (2020-03-13)	494.63%

Is Fortinet stock undervalued or overvalued?

Valuing Fortinet stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Fortinet's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Fortinet's P/E ratio

Fortinet's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 45x. In other words, Fortinet shares trade at around 45x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the stock or simply that they're over-valued.

Fortinet's PEG ratio

Fortinet's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.9326. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Fortinet's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Fortinet's EBITDA

Fortinet's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.9 billion.

The EBITDA is a measure of a Fortinet's overall financial performance and is widely used to measure a its profitability.

Fortinet financials

Revenue TTM	$6 billion
Operating margin TTM	34.51%
Gross profit TTM	$4.8 billion
Return on assets TTM	13.21%
Return on equity TTM	33.87%
Profit margin	29.3%
Book value	$1.95
Market Capitalization more info button	$78.2 billion

TTM: trailing 12 months

Fortinet's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Fortinet.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Fortinet's total ESG risk score

Total ESG risk: 22.91

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Fortinet's overall score of 22.91 (as at 12/31/2018) is pretty good – landing it in it in the 26th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Fortinet is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Fortinet's environmental score

Environmental score: 0.36/100

Fortinet's environmental score of 0.36 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Fortinet is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Fortinet's social score

Social score: 14.43/100

Fortinet's social score of 14.43 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Fortinet is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Fortinet's governance score

Governance score: 7.12/100

Fortinet's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Fortinet is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Fortinet's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Fortinet scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Fortinet has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Fortinet Inc was last rated for ESG on: 2019-01-01.

Total ESG score	22.91
Total ESG percentile	25.9
Environmental score	0.36
Environmental score percentile	2
Social score	14.43
Social score percentile	2
Governance score	7.12
Governance score percentile	2
Level of controversy	2

Fortinet stock dividends

We're not expecting Fortinet to pay a dividend over the next 12 months.

Have Fortinet's stocks ever split?

Fortinet's stocks were split on a 5:1 basis on 22 June 2022 . So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Fortinet stocks – just the quantity. However, indirectly, the new 80% lower stock price could have impacted the market appetite for Fortinet stocks, which in turn could have impacted Fortinet's stock price.

Fortinet stock price volatility

Over the last 12 months, Fortinet's stocks have ranged in value from as little as $54.57 up to $114.82. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Fortinet's is 0.968. This would suggest that Fortinet's stocks are less volatile than average (for this exchange).

Fortinet overview

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers secure networking solutions that focus on the convergence of networking and security; network firewall solutions, which consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless local area network (LAN) solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless LAN access points, and FortiExtender 5G connectivity gateways. It also provides the Fortinet Unified Secure Access Service Edge (SASE) 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. In addition the company offers artificial intelligence-driven security operation solutions, which provides a suite of cybersecurity solutions that identify, protect, detect, respond, and recover from threats, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon that helps organizations ensuring attackers face multiple layers of detection and mitigation across endpoints, networks, and applications. Further, it offers FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training and certification programs, as well as operates FortiGuard Lab, a cybersecurity threat intelligence and research organization. The company serves large enterprises, communication service providers, government organizations, and small to medium-sized enterprises.

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Frequently asked questions

What percentage of Fortinet is owned by insiders or institutions?
Currently 17.59% of Fortinet stocks are held by insiders and 71.47% by institutions. How many people work for Fortinet?
Latest data suggests 14,138 work at Fortinet. When does the fiscal year end for Fortinet?
Fortinet's fiscal year ends in December. Where is Fortinet based?
Fortinet's address is: 909 Kifer Road, Sunnyvale, CA, United States, 94086 What is Fortinet's ISIN number?
Fortinet's international securities identification number is: US34959E1091 What is Fortinet's CUSIP number?
Fortinet's Committee on Uniform Securities Identification Procedures number is: 34959E109

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