Fortinet, Inc. specializes in the creation, development and marketing of integrated cybersecurity software and equipment for the protection of networks and information systems infrastructures as well as for the protection of company and government data. Net sales break down by revenue source into sales of services (68%) and products (32%). Net sales are distributed geographically as follows: the United States (30.3%), Americas (10.7%), Europe/Middle East/Africa (39.1%) and Asia/Pacific (19.9%).

Employees

15,015

Sector

Software

Calendar

30/04 - Q1 2026 Earnings Release (Projected)

More about the company

Quotes

Date	Price	Change	Volume
13/26/13	85.56 $	+1.54%	80,91,564
12/26/12	84.26 $	-4.05%	78,05,844
11/26/11	87.82 $	+2.68%	79,87,298
10/26/10	85.53 $	-0.47%	78,59,108
09/26/09	85.93 $	+3.83%	98,97,365

Delayed Quote Nasdaq

More quotes

Income Statement and Estimates

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

85.56USD

Average target price

89.82USD

Spread / Average Target

+4.98%

Consensus

EPS Estimates

Revisions to estimates

Quarterly revenue - Rate of surprise

Company calendar

Market Closed - Nasdaq Other stock markets 02:30:00 14/02/2026 am IST			5-day change	1st Jan Change
85.56 ^USD	+1.54%		+3.38%	+7.74%

12/02	Evercore ISI Adjusts Fortinet PT to $78 From $80, Maintains In Line Rating	MT
12/02	Daiwa Securities Adjusts Fortinet Price Target to $90 From $86, Maintains Neutral Rating	MT

Capitalization	6.36TCr 5.36TCr 4.89TCr 4.67TCr 8.67TCr 5,76300Cr 9TCr 57TCr 23TCr 2,78300Cr 24TCr 23TCr 9,72700Cr	P/E ratio 2025	32.8x	P/E ratio 2026 *	33.1x
Enterprise value	6.08TCr 5.13TCr 4.68TCr 4.46TCr 8.29TCr 5,51100Cr 8.61TCr 54TCr 22TCr 2,66100Cr 23TCr 22TCr 9,30100Cr	EV / Sales 2025	8.3x	EV / Sales 2026 *	7.72x
Free-Float	82.52%	Yield 2025 *	-	Yield 2026 *	-

12/02	Evercore ISI Adjusts Fortinet PT to $78 From $80, Maintains In Line Rating	MT
12/02	Daiwa Securities Adjusts Fortinet Price Target to $90 From $86, Maintains Neutral Rating	MT
09/02	BMO Capital Adjusts Price Target on Fortinet to $95 From $90, Maintains Market Perform Rating	MT
09/02	Susquehanna Adjusts Price Target on Fortinet to $90 From $80, Maintains Neutral Rating	MT
06/02	Fortinet Sees Strong Pipeline of Deal Activity in Fiscal 2026 Despite Difficult Environment, Wedbush Says	MT
06/02	Citigroup Adjusts Price Target on Fortinet to $90 From $85, Maintains Neutral Rating	MT
06/02	RBC Raises Price Target on Fortinet to $90 From $85, Keeps Sector Perform Rating	MT
06/02	Markets Ask the Obvious Question
06/02	Deutsche Bank Adjusts Price Target on Fortinet to $85 From $75, Maintains Hold Rating	MT
06/02	Rosenblatt Securities Adjusts Price Target on Fortinet to $105 From $100, Maintains Buy Rating	MT
06/02	Capital One Raises Price Target on Fortinet to $87 From $80, Maintains Equalweight Rating	MT
06/02	Stephens Adjusts Price Target on Fortinet to $94 From $92, Maintains Equalweight Rating	MT
06/02	Bernstein Adjusts Price Target on Fortinet to $83 From $76, Maintains Market Perform Rating	MT

12/02	Evercore ISI Adjusts Fortinet PT to $78 From $80, Maintains In Line Rating	MT
12/02	Daiwa Securities Adjusts Fortinet Price Target to $90 From $86, Maintains Neutral Rating	MT
06/02	Fortinet Sees Strong Pipeline of Deal Activity in Fiscal 2026 Despite Difficult Environment, Wedbush Says	MT
06/02	Citigroup Adjusts Price Target on Fortinet to $90 From $85, Maintains Neutral Rating	MT
06/02	RBC Raises Price Target on Fortinet to $90 From $85, Keeps Sector Perform Rating	MT

Fortinet, Inc. Share Price

Equities

FTNT

US34959E1091

Software

Valuation: Fortinet, Inc.

Chart: Fortinet, Inc.

Latest news: Fortinet, Inc.

Last Transcript: Fortinet, Inc.

Analysts' recommendations: Fortinet, Inc.

Press Releases: Fortinet, Inc.

News in other languages: Fortinet, Inc.

Quotes and Performance

Course Extremes

Managers and Directors: Fortinet, Inc.

ETFs: Fortinet, Inc.

Security Software

Financials

Company Profile

Quotes

Income Statement and Estimates

Analysts' Consensus

Quarterly revenue - Rate of surprise

06/02	Fortinet : 4Q25 Earnings Prepared Remarks - Master	PU
06/02	Fortinet: Q4 Earnings Snapshot	AQ
06/02	Fortinet : Q4 2025 Earnings Presentation	PU
06/02	Fortinet : FTNT Q4-2025 Press Release - Final	PU
06/02	Fortinet Reports Strong Fourth Quarter and Full Year 2025 Financial Results	GL

06/02	Bourse : Stellantis charge la barque, Société Générale gonfle son dividende, Amazon doute
06/02	Morning Meeting: I mercati soffrono il mal di mare
06/02	Les investisseurs ont le mal de mer
27/01	Salt expandiert im Firmenkundengeschäft
15/01	MÄRKTE USA/Geopolitik und hohe Inflation dämpfen Börsenstimmung

1 day	+1.54%
1 week	+3.38%
Current month	+5.29%
1 month	+9.23%
3 months	+5.59%
6 months	+7.85%
Current year	+7.74%

1 week	81.37	88.6
1 month	73.55	88.6
Current year	73.55	88.6
1 year	70.12	114.82
3 years	44.12	114.82
5 years	32.23	114.82
10 years	4.88	114.82

Manager	Title	Age	Since
Michael Xie PSD	President	57	13/11/2013
Ken Xie CEO	Chief Executive Officer	63	01/10/2000
Christiane Ohlgart DFI	Director of Finance/CFO	58	12/05/2025

Director	Title	Age	Since
Ken Xie CHM	Chairman	63	01/10/2000
Michael Xie BRD	Director/Board Member	57	01/02/2001
William Neukom BRD	Director/Board Member	84	24/01/2013

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Average	+1.70%	+4.38%	-13.16%	+52.07%	3.55TCr
Weighted average by Cap.	+2.79%	+5.08%	-13.49%	+136.26%

	2025	2026 *
Net sales	675.5Cr 569.18Cr 519.14Cr 495.63Cr 920.03Cr 61TCr 955.9Cr 6.04TCr 2.4TCr 30TCr 2.53TCr 2.48TCr 1,03300Cr	759.97Cr 640.35Cr 584.06Cr 557.6Cr 1.04TCr 69TCr 1.08TCr 6.79TCr 2.7TCr 33TCr 2.85TCr 2.79TCr 1,16200Cr
Net income	183.43Cr 154.56Cr 140.97Cr 134.59Cr 249.83Cr 17TCr 259.57Cr 1.64TCr 650.92Cr 8.02TCr 687.9Cr 673.76Cr 28TCr	191.42Cr 161.29Cr 147.12Cr 140.45Cr 260.72Cr 17TCr 270.89Cr 1.71TCr 679.29Cr 8.37TCr 717.88Cr 703.12Cr 29TCr
Net Debt	-278.5Cr -234.66Cr -214.03Cr -204.34Cr -379.31Cr -25TCr -394.1Cr -2.49TCr -988.28Cr -12TCr -1.04TCr -1.02TCr -43TCr	-498.71Cr -420.21Cr -383.27Cr -365.91Cr -679.24Cr -45TCr -705.73Cr -4.46TCr -1.77TCr -22TCr -1.87TCr -1.83TCr -76TCr