Companies /Technology

Fortinet Inc

NASDAQ: FTNT Software - Infrastructure
$191.49
▼ $1.46 (−0.75%) today
Markets open · 1:45pm ET

24/7 Wall St. View

FTNT at a Glance

Valuation
Market cap
$141.6B
P/E ratio
67.5
Profitability
Revenue (TTM)
$7.5B
Profit margin
28.2%
EPS (TTM)
$2.86
Price
52-week range
$74 – $197
24/7 target
$227.64
Street target
$165.43
Earnings
Next report
Oct 28, 2026
Q2 2026 EPS
$0.90
vs. $0.75 est.
+20.6%

Headquartered in Sunnyvale, CA Fiscal year ends December NASDAQ: FTNT fortinet.com

About Fortinet

Fortinet (Nasdaq: FTNT) is a cybersecurity company focused on the convergence of networking and security. The company delivers an integrated portfolio of over 50 enterprise-grade cybersecurity products, including next-generation firewalls (FortiGate), SD-WAN, SASE (FortiSASE), endpoint protection (FortiEndpoint), security operations (FortiSOC, FortiSIEM, FortiSOAR), cloud security, and network access control. Fortinet's solutions are built on its proprietary FortiOS operating system and purpose-built FortiASIC security processors, enabling high-performance threat detection and prevention across on-premises, cloud, and hybrid deployments. The company serves over half a million customers globally and operates FortiGuard Labs, an AI-driven threat intelligence organization. Fortinet also runs one of the industry's largest cybersecurity training programs through the Fortinet Training Institute. It has established strategic AI partnerships with Anthropic, OpenAI, and NVIDIA, and collaborates with Intel on next-generation security processor development. Updated

Revenue by Segment · Q2 2026
  1. Service Revenue62%
  2. Product Revenue38%

Latest Activity

52-week highs
36stocks hit new 52-week highs this week
  • PBRPetrobras$25.3+16.2%
  • PEverpure$154.49+15.2%
  • PBR-APetrobras$22.47+14.8%
  • HPEHewlett Packard Enterprise$73.46+13.8%
  • MRNAModerna$225+10.6%
  • MPCMarathon Petroleum$455.03+9.1%
  • FTNTFortinet$194.75+8.9%
  • RBRKRubrik$125.14+8.8%
  • ITUBItau Unibanco$10.16+8.4%
  • GTLBGitLab$55.09+7.9%

36 stocks set fresh 52-week highs this week, with Petrobras clearing its old peak by 16%. Hewlett Packard Enterprise, Moderna, Marathon Petroleum, Fortinet, Rubrik and GitLab round out the breakout list.

FTNTFortinet
New 52-week high$180.95+1.2% vs prior high · 2026-09-30

$180.95 marks a fresh 52-week high for Fortinet, 1.23% above the record it set just two days earlier. The $132.8 billion security name keeps clearing its own ceiling, making every new peak the level to defend.

52-week highs
7stocks hit new 52-week highs this week
  • AMDAMD$630.63+8.6%
  • NETCloudflare$349.02+7.5%
  • RBRKRubrik$109.55+7.2%
  • FTNTFortinet$173.46+3.5%
  • HPEHewlett Packard Enterprise$62.94+2.3%
  • SSentinelOne$22.38+1.1%
  • AAPLApple$341.07+0.3%

Seven names hit fresh 52-week highs this week, and AMD cleared its prior peak by 8.6%. Cloudflare and Rubrik followed at roughly 7% above their old marks, with Apple just barely in at 0.29%.

FTNTFortinet
New 52-week high$175.23+1.4% vs prior high · 2026-08-27

Fortinet just set a fresh 52-week high at $175.23, more than double where the stock traded a year ago. The late-August peak is now the level to defend.

52-week highs
7stocks hit new 52-week highs this week
  • BOXBox$34.98+4.0%
  • FTNTFortinet$166+2.7%
  • ABNBAirbnb$189.43+2.2%
  • EXPEExpedia$329.44+1.9%
  • RBRKRubrik$93.05+1.8%
  • KOCoca-Cola$89.66+1.6%
  • PFEPfizer$27.96+1.2%

Seven names printed fresh 52-week highs this week, spanning travel, software and defensives. Box led with a 3.98% clearance over its prior peak, with Coca-Cola, Pfizer, Airbnb and Expedia also at new records.

FTNTFortinet
New 52-week high$172.78+2.7% vs prior high · 2026-08-04

Fortinet closed at $172.78, a fresh 52-week high and 2.67% above the peak it set on August 4. The $126.8 billion cybersecurity name now has no overhead resistance from the past year left to clear.

Biggest movers · At the close
  • CRMSalesforce$251.88+22.5%
  • PANWPalo Alto Networks$386.19+13.8%
  • RBRKRubrik$107.02+11.3%
  • SSentinelOne$22.74+10.9%
  • FTNTFortinet$173.58+10.2%
  • EXPEExpedia$316.85-5.0%
  • SPOTSpotify$527.65-4.1%
  • IQiQIYI$0.94-4.1%
  • FUBOfuboTV$10.02-2.7%
  • MCDMcDonald's$260.46-2.4%

A 22.5% close for a company Salesforce's size almost never happens, and four of the five top gainers were cybersecurity names posting double-digit gains. The downside was tame by comparison: Expedia led decliners at just under 5%.

FTNTFortinet
Regular session
$169.43
+5.73%open $160.24

A 5.73% intraday jump to $169.43 is a big single-session move for a $125 billion security name that usually trades in far tighter ranges. Keep an eye on whether it holds the gain into the close.

FTNTFortinet
Regular session
$169.43
+5.73%open $160.24

A 5.73% intraday jump to $169.43 is a big single-session move for a $125 billion security name that usually trades in far tighter ranges. Keep an eye on whether it holds the gain into the close.

FTNT Coverage

Frequently Asked Questions

What does Fortinet do?

Fortinet (Nasdaq: FTNT) is a cybersecurity company focused on the convergence of networking and security.

What is the FTNT stock price target?

24/7 Wall St.'s 12-month price target for FTNT is $227.64, rated Buy. The Wall Street consensus target is $165.43. FTNT price prediction →