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Fortinet FTNT

US equityMarket cap rank #251Cybersecurity
$118.84 −$3.67 (-3.00%)
Market closed · Nov 6, 9:50 pm ET · Last extended-hours $119.00 +0.13%
Open$126.46
Prev close$122.51
Day range$118.62 – $126.46
Volume8.03M
Market cap$87.31B
P/E (TTM)38.8
Dividend yield–

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view). Triangles mark past earnings reports, colored by that day’s move; ticks mark ex-dividend dates — hover either for the date. Volume is the shaded bars under the price; switch on RSI or MACD above for a full-history oscillator panel, or Bollinger Bands for the same 20-day/2-standard-deviation channel used in the Technical signals table.

Community Sentiment on FTNT

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Strategy Backtest

Pick a strategy above and run the backtest to see its simulated performance on FTNT.

Rule-based technical strategies computed from this stock’s own price history only. Signals use only data available through the prior trading day (no look-ahead), and trading costs, slippage and taxes aren’t modeled. A backtested rule performing well in the past is not a guarantee of future results — this is an educational illustration, not investment advice.

FTNT at a glance

Fortinet stock (FTNT) sits at $118.84, down 3.00% today. The business is worth $87.31B in the market, good for #251 of 3753 on our coverage list.

The 52-week range is $73.55 to $197.13. Today's price is about 37% of the way from the low to the high. Holders are ahead 45.3% over twelve months, but down 27.6% across the last three months.

On the chart it has slipped under both the 50-day ($168.06) and 200-day ($129.61) moving averages; RSI is 23, which some call oversold, and the last 30 sessions moved at roughly 79% annualized volatility.

For the quarter ended Sep 2026 it reported $2.08B in revenue, up 20.5% from a year earlier, with $635.50M of net profit (a 29.0% margin).

Valuation works out to 38.8 times trailing earnings, 27% below its five-year average of 53.4. The median for its industry group is 32.8.

18 analysts follow the stock and the average call is "hold". The mean target, $167.00, sits 40.5% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

BeStock Grade

D
BeStock Grade

Composite of 3 factors below, ranked against the 3741 U.S. stocks BeStock covers.

C
Valuation

Cheaper than usual on its own 5-year P/E history scores higher.

F
Momentum

Trading closer to its 52-week high than most peers scores higher.

C
Wall Street

18 analysts, consensus Hold.

How this is scored: each factor above is a 0–100 percentile rank against every other stock BeStock covers (or, for Wall Street, against the five-point Strong Buy–Sell scale). The overall grade is the plain average of whichever factors apply to this stock — no factor is weighted more than another. That average maps to a letter: A ≥ 85, B ≥ 70, C ≥ 50, D ≥ 30, otherwise F. Recomputed from the data on this page as prices and filings update — it describes where a stock ranks today, not a forecast, and not a BeStock recommendation to buy or sell.

FTNT is not currently one of the 10 holdings in BeStock Momentum, our rules-based momentum strategy.

Since 2020-12-28, the strategy has returned 437.6% (203.8% for the equal-weight average of BeStock’s coverage over the same stretch). Holdings can change any trading day, not just on a fixed schedule. Backtested performance, updated daily — not a guarantee of future results, and not a BeStock recommendation.

Price forecast

What Wall Street analysts and Morningstar's fair-value model expect for the stock

Analyst price target (avg)$167.00+40.5% vs. current price
Consensus ratingHold18 analysts covering
Morningstar fair value$143.00Price is below fair value

Wall Street’s average 12-month target is $167.00, 40.5% above today’s price, with a consensus rating of Hold. Morningstar’s fair value model puts the stock at $143.00, so shares trade 16.9% below that estimate. On earnings multiple, it sits in the 37th percentile of its own five-year valuation range (cheaper than usual).

Figures are Wall Street analyst consensus and Morningstar’s independent fair-value model, sourced as noted above.

Fortinet: the business

Fortinet sells firewalls and other network security hardware and software, plus subscription security services.

What tends to move it. Firewall refresh cycles and growth of its cloud and subscription lines decide results. Billings are a key measure.

Where the case gets weaker. Weaker firewall replacement demand or decelerating billings growth would signal that enterprise security budgets are tightening, and Fortinet's push into cloud and subscription revenue is still young enough that it may not fully offset a hardware slowdown.

Written by hand by the BeStock desk and revised when a business changes. how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-3.0%
1 week
-12.7%
1 month
-37.2%
3 months
-27.6%
6 months
+4.2%
Year to date
+49.7%
1 year
+45.3%
3 years
+104.1%
5 years
+98.4%
Day range
$118.62$126.46
52-week range
$73.55$197.13

Technical signals

Full technicals →
Trend readStrong downtrend

1 bullish · 5 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-26.4%Bearish
Price vs 50-day average-29.3%Bearish
Price vs 200-day average-8.3%Bearish
50-day vs 200-day50d above 200dBullish
RSI (14)23.1Neutral
MACD (12,26,9)-14.12Bearish
Bollinger band position9%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$118.62 / $118.88
Average price today$120.06
Volume8.03MAvg (90d) 4.92M
Turnover$963.76M
Turnover rate1.30%of shares outstanding
Volume ratio1.00vs. recent average pace
Day amplitude6.40%
Market cap$87.31B
Float market cap$73.67B
Shares outstanding619.90M
EPS (TTM)$2.42
P/E (TTM)38.84
P/B38.86
Book value / share$3.06
Earnings yield2.57%
Net profit (TTM)$1.78B
Net assets$2.25B
30-day volatility79.4%annualized
Avg daily range (ATR)8.55%of price, 14 days
Max drawdown (1y)-39.0%-39.0% from 1y peak

Quote as of Nov 6, 2026 9:50 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How FTNT ranks on BeStock

Market value#251 of 3741
P/E (cheapest = 1)#2469 of 2915
Closeness to 52-week high#2892 of 3732
Dollar volume today#138 of 3741

Ranks are among the 3,741 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A tile is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Set against the peer table: at 38.8x earnings, FTNT looks expensive against the market, and trades 18% above the 32.8x median among Cybersecurity names. The two comparisons do not always agree.

FTNT stock: common questions

How is Fortinet stock doing today?

$118.84 is the latest print for FTNT, a move of -3.00% against yesterday's close of $122.51. Today's low and high so far: $118.62 and $126.46.

How big is Fortinet?

Equity value comes to $87.31B at the current price. By that measure it is number 251 of the 3753 names in our coverage.

How is Fortinet valued against its profits?

Buyers pay 38.8 times the last twelve months of profit (EPS $2.42). Averaged over five years the multiple has been 53.4, and today's level ranks in the 37th percentile of its own history.

What's the 52-week trading range for Fortinet?

The year's floor is $73.55 and the ceiling $197.13. Shares are 39.7% away from that ceiling.

What's the dividend situation for FTNT?

Our data shows no dividend paid by Fortinet over the trailing twelve months.

What are analysts saying about FTNT?

Of 18 analysts, 33% say buy, 44% hold and 22% sell. Price targets average $167.00, with the most cautious at $115.00 and the most optimistic at $225.00.

In plain terms, what does Fortinet sell?

Fortinet sells firewalls and other network security hardware and software, plus subscription security services.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security, and none of it is tailored to your financial situation, goals, or risk tolerance. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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