Stock Evaluator: Fortinet, Inc. (FTNT)

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Fortinet, Inc. FTNT

$122.51 -6.88 -5.32%
November 5, 2026 4:00:00 PM EST November 10, 2021 Volume: 7,534,458
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:
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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) $89,943.2 $964.4 96%
Shares Out (Mil) 742.6 76.1 92%
Institutional Ownership 82.3% 81.7% 51%
Float (Mil) 619.9 54.0 87%
Beta 1.04 1.04 62%
Avg Daily Volume (000s) 7,814 833 95%
Price Change
(52-week)
43.7% 59.8% 84%
Growth FTNT Industry
Median
Percentile
(All Stocks)
Sales (5yr) 21.3% 14.6% 83%
Net Income (5yr) 30.6% 10.1% 85%
EPS (5yr) 33.1% 16.0% 84
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 39 41 43
Current EPS $0.940 $3.565 $3.899
Month Ago EPS $0.876 $3.450 $3.776
# Rev Up 2 1 1
# Rev Down 0 0 0
Three Months Ago EPS $0.876 $3.439 $3.760
Year/Year Chg 9.3% 47.3% 82.7%
Financials FTNT Industry
Median
Percentile
(All Stocks)
Sales (TTM) (Mil) $7,881 $344 81%
Net Income (TTM) (Mil) $2,282 ($2) 92%
EPS (TTM) $3.096 ($0.100) 78%
Operating Cash Flow (TTM) (Mil) $3,687 $32 93%
Net Cash Flow (TTM) (Mil) $1,755 $3 97%
Long-Term Debt (Q1) (Mil) $561 $35 60%
Enterprise Value (Q1) (Mil) $90,826 $1,163 96%
Valuation FTNT Industry
Median
Percentile
(All Stocks)
P/B 40.01 2.96 98%
P/E 40.0 35.3 81%
Dividend Yield 0.0% 0.0% 0%
PEG (5yr hist) 1.2 2.1 54%
Ratios FTNT Industry
Median
Percentile
(All Stocks)
Gross Margin 79.7% 70.3% 89%
Net Margin 29.0% 1.0% 87%
ROA 21.4% (1.8%) 97%
ROE 153.1% 0.6% 98%
Liabilities to Assets 81.2% 46.7% 76%
F-Score 8 5 93%

Passing Stock Screens

As of 11/5/2026, from a list of 60 stock screening strategies, FTNT meetings the criteria of 1 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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