FTNT
Fortinet Inc
NASDAQ: FTNT · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$146.30
+0.85% today
Updated 2026-06-12
Market cap
$109.06B
P/E ratio
57.70
P/S ratio
15.34x
EPS (TTM)
$2.58
Dividend yield
—
52W range
$70 – $149
Volume
6.2M
WallStSmart proprietary scores
67
out of 100
Grade: B
Buy
Investment rating
8.0
Growth
A5.5
Quality
C+9.5
Profitability
A+4.7
Valuation
C5/9
Piotroski F-Score
Moderate
1.5
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →202 stocks currently score above 75
Price targets
Analyst target
$101.83
-30.40%
12-Month target
$72.59
-50.38%
Intrinsic (DCF)
$265.15
Margin of safety
+45.43%
0 Strong Buy10 Buy29 Hold3 Sell1 Strong Sell
Price chart
Stock snapshot
Strengths
+ Profit margin 27.50% — above average
+ ROE 197.48% — strong efficiency
+ Free cash flow $1.01B — positive
+ Revenue growth 20.10% QoQ
+ 45.43% below intrinsic value
Risks
- Altman Z 1.50 — distress zone
- P/E 57.70x — expensive valuation
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $4.42B | $5.30B | $5.96B | $6.80B | $7.11B | $7.8B |
| Net income | $857.30M | $1.15B | $1.75B | $1.85B | $534.50M | — |
| EPS | — | — | — | — | $2.58 | $3.04 |
| Free cash flow | $1.45B | $1.73B | $1.88B | $2.23B | $1.01B | — |
| Profit margin | 19.41% | 21.64% | 29.30% | 27.26% | 27.50% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-04 | XIE, MICHAEL | Sale | 2,500 | — |
| 2026-06-04 | XIE, MICHAEL | Sale | 2,250 | — |
| 2026-06-04 | XIE, MICHAEL | Sale | 500 | — |
Peer comparison
Smart narrative
Fortinet Inc trades at $146.30. representing a P/E of 57.70x trailing earnings. Our Smart Value Score of 67/100 indicates the stock is good. The company scores 5/9 on the Piotroski F-Score. With an Altman Z-Score of 1.50, it sits in the distress. TTM revenue stands at $7.11B. with profit margins at 27.50%. Our DCF model estimates intrinsic value at $265.15.
Frequently asked questions
What is Fortinet Inc's stock price?
Fortinet Inc (FTNT) trades at $146.30, on a P/E of 57.7x and a P/S of 15.3x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Fortinet Inc overvalued?
Fortinet Inc carries a Smart Value Score of 67/100 (Grade B), which we rate Buy. That score blends growth, quality, and valuation into one read. Our DCF puts intrinsic value at $265.15 versus the $146.30 price, a 45.4% margin of safety on a cash flow basis.
What is the price target of Fortinet Inc (FTNT)?
The 12-month analyst consensus target is $101.83, about 30.4% below the current $146.30. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of FTNT by 2030?
Our research-backed model puts the 2030 base case at $146.88, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is the intrinsic value of Fortinet Inc (FTNT)?
Our DCF model estimates intrinsic value at $265.15, a +45.4% margin of safety versus today's $146.30. Intrinsic value is what the projected cash flows are worth today. A positive reading means the price sits below that estimate, leaving a cushion if growth holds.
What is Fortinet Inc's revenue?
Fortinet Inc's trailing twelve-month revenue is $7.11B, and our model projects it reaching about $14.40B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Fortinet Inc's Altman Z-Score is 1.50, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorTECHNOLOGY
IndustrySOFTWARE - INFRASTRUCTURE
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio15.34x
ROE197.48%
Beta0.92
50D MA$98.78
200D MA$85.92
Shares out0.73B
Float0.62B
Short ratio—
Avg volume6.2M
Performance
1 week+0.00%
1 month+21.90%
3 months+77.15%
YTD+88.48%
1 year—
3 years—
5 years—