Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Fortinet, Inc. before investing.

In this article, we go over a few key elements for understanding Fortinet, Inc.’s stock price such as:

• Fortinet, Inc.’s current stock price and volume
• Why Fortinet, Inc.’s stock price changed recently
• Upgrades and downgrades for FTNT from analysts
• FTNT’s stock price momentum as measured by its relative strength

About Fortinet, Inc. (FTNT)

Before we jump into Fortinet, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

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.

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What Caused Fortinet, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 31, 2026, there were 0 analysts who downgraded Fortinet, Inc.’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Fortinet, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Fortinet, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Fortinet, Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Fortinet, Inc. (FTNT) by visiting AAII Stock Evaluator.

Relative Price Strength of Fortinet, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 31, 2026, Fortinet, Inc. has a weighted four-quarter relative price strength of 17.89%, which translates to a Momentum Score of 90 and is considered to be Very Strong.

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Fortinet, Inc. Stock Price: Bottom Line

As of September 1, 2026, Fortinet, Inc.’s stock price is $161.850, which is down 5.31% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Fortinet, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.