FTNT

Fortinet Inc. Common Stock (FTNT)

Stock · NASDAQ · Technology

$169.1as of 10/16/2026

AI Market Commentary

AI-generatedAll commentary →

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

October 17, 2026

Fortinet Expands Cloud Security Framework Amid Sector Pullback. Fortinet announced an expansion of its global cybersecurity framework for hybrid and multi-cloud environments. This product update comes as cybersecurity stocks generally retreat from recent record highs due to market volatility. Mizuho recently raised its price target for the stock to $160 while maintaining an Underperform rating, reflecting mixed views on its valuation.

Active signals

Support level
$155.42
Industry
Computer peripheral equipment

What FTNT's price did in the 20 trading sessions after each past signal, compared with any 20-session window over the same period.

SignalTimesMedian 20-session returnHigher after 20 sessions
Volume Spike36+2.5%69%
Bollinger Band Breakout26+0.5%54%
Bollinger Band BreakdownActive now18+7.5%61%
200-Day Moving Average TouchActive now13-3.1%31%
Any 20-session window (baseline)+1.6%58%

Computed by MarketWall from daily closing prices since May 18, 2022. Returns are close-to-close and don't include dividends. Past results describe what happened before; they are not a forecast and not investment advice.

About FTNT

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Sec…

Sector
Technology
Industry
Computer peripheral equipment
Employees
15,472

Fundamentals

1-day range
$166.75$182.94
Market cap
$117.47B
P/E (trailing)
63.24
P/E (forward)
44.61
EPS (trailing)
$2.84
Dividend yield
—
Beta
1.00
Avg. volume
4.50M
52-week range
$73.55$197.13
Next earnings: October 28, 2026 · EPS estimate $0.86After Closeconfirmed

How Fortinet Inc. Common Stock Makes Money

Where the revenue actually goes — FY2025 annual results

market-wall.comTotalRevenue$6.80BNet Income$1.85B (27%)SG&A$2.58B (38%)Cost of Revenue$1.33B (20%)R&D$815.50M (12%)Tax$439.10M (6%)FTNT

Source: 10-K filed Feb 25, 2026 · via SEC EDGAR / Finnhub

Gross Profit$5.47B(80%)
Operating Income$2.08B(31%)

Forecasts

37 analyst ratings

Buy 31%
Hold 58%
Sell 12%
1-year price forecast
High
$225
+33.1%
Median
$165
-2.4%
Low
$104
-38.5%

Fortinet Inc. Common Stock Competitors

Chosen by industry and closest market cap.

  • FTNT
    Fortinet Inc. Common Stock
    $169.13
    ▼ 7.03%
    Market cap $117.47BP/E 63.24
    $73.55$197.13
  • LOGI
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    Market cap $14.74BP/E 18.05
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    Market cap $1.13BP/E 42.68
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  • EVLV
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    $4.16
    ▼ 0.48%
    Market cap $1.07BP/E —
    $4.02$8.81
  • MITK
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    $16.11
    ▼ 4.56%
    Market cap $759.12MP/E 32.90
    $8.53$21.05
  • SSYS
    Stratasys Ltd. Ordinary Shares (Israel)
    $6.94
    ▼ 2.53%
    Market cap $754.01MP/E —
    $6.82$12.81
  • XRX
    Xerox Holdings Corporation Common Stock
    $2.47
    ▼ 7.84%
    Market cap $422.41MP/E —
    $1.19$3.78

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Insider Activity

Insider Actions →
Acquired
63.6K
Disposed
56.7K

Institutional Ownership

March 31, 2026

Total shares held
446.00M
Total value held
$34.63B
Institutional holders
1309
Top holders this quarter
  • Unknown61.97M
  • Unknown28.93M
  • Unknown25.04M
  • Unknown17.46M
  • Unknown13.33M
  • Unknown11.51M
  • Unknown10.01M
  • Unknown9.80M
  • Unknown9.65M
  • Unknown8.84M

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