FTNT
NEUTRAL
$81.72
Live
Fortinet, Inc. · NASDAQ
Target $89.06
(+9.0%)
$70.12
52W Range
$109.33
At a glance
Key valuation, profitability, growth, and risk metrics.
Updated Apr 01, 2026
Market cap
$60.77B
P/E
33.77
ROE
135.7%
Profit margin
27.3%
Debt/Equity
0.86
Dividend yield
N/A
AI Analysis
AI-powered fundamental assessment
Confidence
85%
FTNT shows neutral fundamentals based on deterministic rules. Financial strength is stable (F-Score 4/9). Mixed signals with both opportunities and risks present.
Key Strengths
Strong profitability (27.3% margin)
Strong ROE of 135.7%
Key Risks
High valuation with P/E of 33.8
Premium vs Graham Number ($9.52)
AI Fair Value Estimate
Based on comprehensive analysis
$16.94
-79.3% below current price
Performance Snowflake
Multi-dimensional analysis across 5 key categories
Overall
41
Moderate
35
50
70
50
0
AI Verdict
FTNT shows neutral fundamentals based on deterministic rules. Financial strength is stable (F-Score 4/9). Mixed signals with both opportunities and risks present.
Key drivers: Strong profitability (27.3% margin), Strong ROE of 135.7%, High valuation with P/E of 33.8
Confidence
55%
Value
35/100
Rule-based valuation (P/E + Graham).
Positives
- Insufficient data for clear positives.
Watchpoints
- Premium 33.8x trailing earnings multiple.
- Trades above Graham Number.
Future
50/100
Rule-based growth outlook.
Positives
- Insufficient data for clear positives.
Watchpoints
No urgent risks highlighted.
Past
70/100
Historical performance + price trend: Shares moved +119.2% over 5Y and -15.1% over 1Y.
Positives
- ROE sits at 135.7%.
- Healthy profit margin of 27.3%.
Watchpoints
No urgent risks highlighted.
Health
50/100
Balance sheet & liquidity (Z-Score: N/A).
Positives
- Insufficient data for clear positives.
Watchpoints
No urgent risks highlighted.
Dividend
0/100
Dividend policy fallback.
Positives
- Insufficient data for clear positives.
Watchpoints
- No regular dividend payments.
Stock Price & Analyst Targets
Real-time price movements and analyst price targets
Current Price
$81.72
Analyst Target
$89.06
Upside/Downside
+9.0%
Multi-Horizon Performance vs Peers
Price momentum across 5Y → 1W horizons for FTNT and closest competitors.
Updated 2026-03-31
| Company | 5Y | 3Y | 1Y | 6M | 1M | 1W |
|---|---|---|---|---|---|---|
|
FTNT
Fortinet, Inc.
Primary
|
+119.2% | +23.0% | -15.1% | -2.8% | +3.2% | +3.0% |
|
TER
Teradyne, Inc.
Peer
|
+209.7% | +345.3% | +425.2% | +172.9% | +36.0% | +7.1% |
|
COHR
Coherent Corp.
Peer
|
+331.7% | +930.6% | +429.2% | +159.8% | +23.5% | -2.6% |
|
LITE
Lumentum Holdings Inc.
Peer
|
+868.9% | +1815.7% | +1547.3% | +499.8% | +33.5% | +8.5% |
|
MPWR
Monolithic Power Systems, Inc.
Peer
|
+270.6% | +192.3% | +155.0% | +41.3% | +26.8% | +14.5% |
FTN
Fortinet, Inc.
Primary
5Y
+119.2%
3Y
+23.0%
1Y
-15.1%
6M
-2.8%
1M
+3.2%
1W
+3.0%
TER
Teradyne, Inc.
Peer
5Y
+209.7%
3Y
+345.3%
1Y
+425.2%
6M
+172.9%
1M
+36.0%
1W
+7.1%
COH
Coherent Corp.
Peer
5Y
+331.7%
3Y
+930.6%
1Y
+429.2%
6M
+159.8%
1M
+23.5%
1W
-2.6%
LIT
Lumentum Holdings Inc.
Peer
5Y
+868.9%
3Y
+1815.7%
1Y
+1547.3%
6M
+499.8%
1M
+33.5%
1W
+8.5%
MPW
Monolithic Power Systems, Inc.
Peer
5Y
+270.6%
3Y
+192.3%
1Y
+155.0%
6M
+41.3%
1M
+26.8%
1W
+14.5%
Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.
Historical Performance Trends
Long-term financial metrics and growth patterns
Revenue & Net Income
Profit & Operating Margins
Return on Equity (ROE)
Quarterly Revenue Growth
Historical data shows last 12 quarters (3 years)
Valuation Metrics
Key valuation ratios and pricing indicators
P/E Ratio
33.77
Forward P/E
24.7
PEG Ratio
N/A
P/B Ratio
49.05
P/S Ratio
8.94
EV/Revenue
8.52
EV/EBITDA
26.03
Market Cap
$60.77B
Profitability
Profit margins and return metrics
Profit Margin
27.26%
Operating Margin
32.77%
Gross Margin
80.46%
ROE
135.72%
ROA
12.87%
Growth
Revenue and earnings growth rates
Revenue Growth
+14.8%
Earnings Growth
-1.1%
Q/Q Revenue Growth
N/A
Q/Q Earnings Growth
-3.8%
Financial Health
Balance sheet strength and liquidity metrics
Debt/Equity
0.86
Moderate
Current Ratio
1.17
Good
Quick Ratio
1.05
Good
Cash/Share
$4.84
Financial Statement Flow
Interactive flow visualization showing how money moves through the company Q4 2025
Revenue
$1.9B
Gross Margin
79.6%
Op. Margin
32.8%
Net Margin
26.6%
Total Assets
$10.4B
Liabilities
$9.2B
Equity
$1.2B
Debt/Equity
7.40x
Operating CF
$0.6B
CapEx
$-0.0B
Free Cash Flow
$0.6B
FCF Yield
93%
Quarterly Earnings History
EPS performance vs analyst estimates
2026-05-07
$N/A
2026-02-05
$0.81
+8.9% surprise
2025-11-05
$0.74
+16.9% surprise
2025-08-06
$0.64
+8.3% surprise
Technology Sector Comparison
Comparing FTNT against 565 companies in the Technology sector
(45 bullish, 197 neutral, 323 bearish)
P/E Ratio
33.77
This Stock
vs
82.88
Sector Avg
-59.3%
(Discount)
Return on Equity (ROE)
135.72%
This Stock
vs
-33.47%
Sector Avg
-505.4%
(Below Avg)
Profit Margin
27.26%
This Stock
vs
-11.75%
Sector Avg
-332.0%
(Weaker)
Debt to Equity
0.86
This Stock
vs
0.74
Sector Avg
+15.4%
(Higher)
Revenue Growth
14.8%
This Stock
vs
4383.21%
Sector Avg
-99.7%
(Slower)
Current Ratio
1.17
This Stock
vs
3.59
Sector Avg
-67.3%
(Weaker)
Similar Companies
Peer comparison within the same industry
| Company | AI Rating | Market Cap | P/E | ROE | Profit Margin | Price | |
|---|---|---|---|---|---|---|---|
|
FTNT
Fortinet, Inc.
|
NEUTRAL | $60.77B | 33.77 | 135.7% | 27.3% | $81.72 | |
|
TER
Teradyne, Inc.
|
BEARISH | $62.94B | 116.19 | 19.7% | 17.4% | $402.0 | Compare |
|
COHR
Coherent Corp.
|
BULLISH | $63.01B | 332.76 | 3.2% | 4.7% | $336.09 | Compare |
|
LITE
Lumentum Holdings Inc.
|
BEARISH | $64.07B | 263.14 | 29.3% | 12.0% | $897.3 | Compare |
|
MPWR
Monolithic Power Systems, Inc.
|
NEUTRAL | $66.97B | 106.35 | 19.2% | 22.3% | $1363.42 | Compare |
FTNT
Fortinet, Inc.
NEUTRAL
Mkt Cap
$60.8B
P/E
33.8
ROE
135.7%
Price
$81.72
Recent Insider Trading
Insider buy and sell transactions from the last 6 months
| Date | Insider | Position | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2026-02-03 | OHLGART CHRISTIANE MARGRIT | Chief Financial Officer | Sale | 507 | $40,930 |
| 2026-02-02 | XIE MICHAEL | Chief Technology Officer | Option Exercise | 365,345 | $5,479,768 |
| 2026-02-02 | XIE KENNETH QING | Chief Executive Officer | Option Exercise | 222,928 | $2,279,202 |
| 2026-02-02 | XIE MICHAEL | Chief Technology Officer | Sale | 343,106 | $27,935,333 |
| 2026-02-02 | XIE KENNETH QING | Chief Executive Officer | Sale | 175,737 | $14,308,447 |
| 2026-01-30 | WHITTLE JOHN | Chief Operating Officer | Stock Award | 29,132 | - |
| 2026-01-30 | OHLGART CHRISTIANE MARGRIT | Chief Financial Officer | Stock Award | 3,285 | - |
| 2025-12-31 | HU JEAN X | Director | Stock Award | 649 | - |
| 2025-12-31 | SIM JUDITH KOON LIEN | Director | Stock Award | 649 | - |
| 2025-12-31 | STAVRIDIS JAMES G | Director | Stock Award | 649 | - |
| 2025-12-31 | GOLDMAN KENNETH ALLEN | Director | Stock Award | 649 | - |
| 2025-12-31 | HSIEH MING | Director | Stock Award | 649 | - |
| 2025-12-31 | NAPOLITANO JANET ANN | Director | Stock Award | 649 | - |
| 2025-12-05 | XIE MICHAEL | Chief Technology Officer | Gift | 245,000 | - |
| 2025-11-04 | OHLGART CHRISTIANE MARGRIT | Chief Financial Officer | Sale | 110 | $9,515 |
OHLGART CHRISTIANE MARGRIT
Chief Financial Officer
2026-02-03
507 shares
·
$40,930
XIE MICHAEL
Chief Technology Officer
2026-02-02
365,345 shares
·
$5,479,768
XIE KENNETH QING
Chief Executive Officer
2026-02-02
222,928 shares
·
$2,279,202
XIE MICHAEL
Chief Technology Officer
2026-02-02
343,106 shares
·
$27,935,333
XIE KENNETH QING
Chief Executive Officer
2026-02-02
175,737 shares
·
$14,308,447
WHITTLE JOHN
Chief Operating Officer
2026-01-30
29,132 shares
OHLGART CHRISTIANE MARGRIT
Chief Financial Officer
2026-01-30
3,285 shares
HU JEAN X
Director
2025-12-31
649 shares
SIM JUDITH KOON LIEN
Director
2025-12-31
649 shares
STAVRIDIS JAMES G
Director
2025-12-31
649 shares
GOLDMAN KENNETH ALLEN
Director
2025-12-31
649 shares
HSIEH MING
Director
2025-12-31
649 shares
NAPOLITANO JANET ANN
Director
2025-12-31
649 shares
XIE MICHAEL
Chief Technology Officer
2025-12-05
245,000 shares
OHLGART CHRISTIANE MARGRIT
Chief Financial Officer
2025-11-04
110 shares
·
$9,515
Insider transactions can signal confidence or concerns about company prospects
Wall Street Analysts
Professional analyst ratings and price targets
Consensus
HOLD
34 analysts
Wells Fargo
2026-03-03
Underweight
Freedom Broker
2026-02-17
Buy
Hold
Citigroup
2026-02-09
Neutral
Neutral
BMO Capital
2026-02-09
Market Perform
Market Perform
JP Morgan
2026-02-06
Underweight
Underweight
RBC Capital
2026-02-06
Sector Perform
Sector Perform
Mizuho
2026-02-06
Underperform
Underperform
Wedbush
2026-02-06
Outperform
Outperform
Rosenblatt
2026-02-06
Buy
Buy
Scotiabank
2026-02-02
Sector Outperform
Sector Perform
Past News Coverage
Recent headlines mentioning FTNT from our newsroom.
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