Why Fortinet, Inc.’s (FTNT) Stock Is Down 22.81%
As of Thursday, October 29, Fortinet, Inc.’s FTNT share price has dipped by 22.81%, which has investors questioning if this is right time to buy.Jenna Brashear
A+ Stock Grade Summary:
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Jenna Brashear
Tudor Pop
Cynthia McLaughlin
Michael Rose
Jenna Brashear
| Share Statistics | FTNT | Industry Median |
Percentile (All Stocks) |
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| Market Cap (Mil) | $89,943.2 | $964.4 | 96% |
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| Shares Out (Mil) | 742.6 | 76.1 | 92% |
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| Institutional Ownership | 82.3% | 81.7% | 51% |
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| Float (Mil) | 619.9 | 54.0 | 87% |
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| Beta | 1.04 | 1.04 | 62% |
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| Avg Daily Volume (000s) | 7,814 | 833 | 95% |
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| Price Change (52-week) |
43.7% | 59.8% | 84% |
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| Growth | FTNT | Industry Median |
Percentile (All Stocks) |
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| Sales (5yr) | 21.3% | 14.6% | 83% |
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| Net Income (5yr) | 30.6% | 10.1% | 85% |
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| EPS (5yr) | 33.1% | 16.0% | 84 |
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| Dividends (5yr) | 0.0% | 0.0% | 0% |
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| Cash Flow (5yr) | (20.1%) | (15.3%) | 33% |
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| Estimates | Qtrly | Current Fiscal Year |
Next Fiscal Year |
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| # 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) |
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| Sales (TTM) (Mil) | $7,881 | $344 | 81% |
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| Net Income (TTM) (Mil) | $2,282 | ($2) | 92% |
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| EPS (TTM) | $3.096 | ($0.100) | 78% |
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| Operating Cash Flow (TTM) (Mil) | $3,687 | $32 | 93% |
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| Net Cash Flow (TTM) (Mil) | $1,755 | $3 | 97% |
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| Long-Term Debt (Q1) (Mil) | $561 | $35 | 60% |
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| Enterprise Value (Q1) (Mil) | $90,826 | $1,163 | 96% |
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| Valuation | FTNT | Industry Median |
Percentile (All Stocks) |
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| P/B | 40.01 | 2.96 | 98% |
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| P/E | 40.0 | 35.3 | 81% |
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| Dividend Yield | 0.0% | 0.0% | 0% |
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| PEG (5yr hist) | 1.2 | 2.1 | 54% |
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| Ratios | FTNT | Industry Median |
Percentile (All Stocks) |
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| Gross Margin | 79.7% | 70.3% | 89% |
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| Net Margin | 29.0% | 1.0% | 87% |
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| ROA | 21.4% | (1.8%) | 97% |
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| ROE | 153.1% | 0.6% | 98% |
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| Liabilities to Assets | 81.2% | 46.7% | 76% |
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| F-Score | 8 | 5 | 93% |
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Passing Stock Screens
As of 11/5/2026, from a list of 60 stock screening strategies,
| Performance Since Inception: | 13.6% |
| +/- S&P 500: | +6.2 |
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.
Ⓒ 2026 American Association of Individual Investors