Fortinet Inc

$84.71
(as of Apr 4, 4:00 PM EST)

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Ticker Information for Fortinet Inc

Stock Price
$84.71
Ticker Symbol
FTNT
Exchange
NASDAQ

Industry Information for Fortinet Inc

Sector
Technology
Industry
Software - Infrastructure

Company Description for Fortinet Inc

Country
USA
Full Time Employees
14,138

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. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Fundamentals for Fortinet Inc

Market Capitalization
$68,777,041,920
EBITDA
$1,921,600,000
Dividends per Share
P/E Ratio
39.58
Forward P/E Ratio
36.36
Earnings per Share
$2.26
Earnings per Share Estimate Next Year
Profit Margin
29.30%
Shares Outstanding
768,974,016
Percent Owned by Insiders
17.50%
Percent Owned by Institutions
71.33%
52-Week High
52-Week Low

Technical Indicators for Fortinet Inc

50-Day Moving Average
200-Day Moving Average
RSI
25.65
3.61

Analyst Ratings for Fortinet Inc

Strong Buy
10
Buy
8
Hold
24
Sell
0
Strong Sell
1

News About Fortinet Inc

Apr 3, 2025, 1:00 PM EST
The Trump tariffs fallout sent down shares of Arista Networking, Coherent, Fortinet, Cisco, HPE and many other tech stocks. See more.
Apr 2, 2025, 2:42 PM EST
CrowdStrike Holdings saw its IBD SmartSelect Composite Rating rise to 96 Wednesday, up from 94 the day before. See more.
Apr 2, 2025, 2:19 PM EST
Growth in overall software budgets is already being pared back, according to a survey by Morgan Stanley’s software analysts, headed by Keith Weiss. See more.
Apr 2, 2025, 9:00 AM EST
Two factors often determine stock prices in the long run: earnings and interest rates. See more.