Stock Evaluator: Fortinet, Inc. (FTNT)

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Fortinet, Inc. FTNT

$163.21 1.26 0.78%
August 3, 2026 4:00:00 PM EST November 10, 2021 Volume: 5,914,779
After Hours: $120.37   0.15  |  0.12% November 10, 2021 7:59 PM EST Volume: 72,713
USD NASD | DELAYED PRICE
SECTOR INDUSTRY
Information Technology Software

A+ Stock Grade Summary:

VALUE:
GROWTH:
MOMENTUM:
EPS REVISIONS:
QUALITY:
COMPANY SUMMARY
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.

Commentary & Analysis


Financial Summary

Share Statistics FTNT Industry
Median
Percentile
(All Stocks)
Market Cap (Mil) $119,749.4 $1,025.0 97%
Shares Out (Mil) 739.9 76.4 92%
Institutional Ownership 82.1% 79.3% 51%
Float (Mil) 618.7 57.2 87%
Beta 1.09 1.01 65%
Avg Daily Volume (000s) 6,358 782 94%
Price Change
(52-week)
63.4% 58.4% 84%
Growth FTNT Industry
Median
Percentile
(All Stocks)
Sales (5yr) 21.3% 14.7% 83%
Net Income (5yr) 30.6% 10.1% 85%
EPS (5yr) 33.1% 16.0% 83
Dividends (5yr) 0.0% 0.0% 0%
Cash Flow (5yr) (20.1%) (15.3%) 33%
Estimates Qtrly Current
Fiscal
Year
Next
Fiscal
Year
# of Estimates 37 39 43
Current EPS $0.857 $3.450 $3.751
Month Ago EPS $0.765 $3.157 $3.426
# Rev Up 3 1 1
# Rev Down 0 0 0
Three Months Ago EPS $0.777 $2.976 $3.308
Year/Year Chg 4.5% 42.6% 76.1%
Financials FTNT Industry
Median
Percentile
(All Stocks)
Sales (TTM) (Mil) $7,527 $345 81%
Net Income (TTM) (Mil) $2,121 ($2) 92%
EPS (TTM) $2.856 ($0.100) 78%
Operating Cash Flow (TTM) (Mil) $3,396 $30 92%
Net Cash Flow (TTM) (Mil) ($434) $0 6%
Long-Term Debt (Q1) (Mil) $561 $35 60%
Enterprise Value (Q1) (Mil) $115,317 $991 97%
Valuation FTNT Industry
Median
Percentile
(All Stocks)
P/B 77.35 3.27 99%
P/E 57.7 35.8 86%
Dividend Yield 0.0% 0.0% 0%
PEG (5yr hist) 1.7 2.1 63%
Ratios FTNT Industry
Median
Percentile
(All Stocks)
Gross Margin 80.2% 69.8% 89%
Net Margin 28.2% 0.6% 87%
ROA 19.7% (1.2%) 96%
ROE 117.4% 1.6% 97%
Liabilities to Assets 85.7% 46.4% 79%
F-Score 6 5 69%

Passing Stock Screens

As of 8/3/2026, from a list of 60 stock screening strategies, FTNT meetings the criteria of 4 screen:

Price and market data provided by QuoteMedia and delayed a minimum of 15 minutes unless otherwise indicated. Fundamental data provided by AAII's Stock Investor Pro and S&P Global Market Intelligence and are updated through the previous trading day.

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