FTNT
Fortinet Inc
NASDAQ: FTNT · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$86.11
+0.45% today
Updated 2026-04-29
Market cap
$62.41B
P/E ratio
34.86
P/S ratio
9.18x
EPS (TTM)
$2.42
Dividend yield
—
52W range
$70 – $109
Volume
6.0M
WallStSmart proprietary scores
59
out of 100
Grade: C+
Hold
Investment rating
5.3
Growth
C+5.3
Quality
C+9.5
Profitability
A+6.0
Valuation
B4/9
Piotroski F-Score
Moderate
1.8
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →200 stocks currently score above 75
Price targets
Analyst target
$89.00
+3.36%
12-Month target
$72.59
-15.70%
Intrinsic (DCF)
$261.06
Margin of safety
+66.36%
1 Strong Buy9 Buy29 Hold3 Sell1 Strong Sell
Price chart
X-Ray snapshot
Strengths
+ Profit margin 27.30% — above average
+ ROE 135.70% — strong efficiency
+ Free cash flow $577.40M — positive
+ Revenue growth 14.80% QoQ
+ 66.36% below intrinsic value
Risks
- Altman Z 1.80 — distress zone
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 | $6.80B | $7.8B |
| Net income | $857.30M | $1.15B | $1.75B | $1.85B | $506.00M | — |
| EPS | — | — | — | — | $2.42 | $3.04 |
| Free cash flow | $1.45B | $1.73B | $1.88B | $2.23B | $577.40M | — |
| Profit margin | 19.41% | 21.64% | 29.30% | 27.26% | 27.30% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-17 | XIE, KEN | Sale | 236,431 | — |
| 2026-04-17 | OHLGART, CHRISTIANE | Buy | 2,366 | — |
| 2026-03-31 | STAVRIDIS, JAMES G. | Sale | 649 | — |
Peer comparison
Smart narrative
Fortinet Inc trades at $86.11. representing a P/E of 34.86x trailing earnings. Our Smart Value Score of 59/100 indicates the stock is fair. The company scores 4/9 on the Piotroski F-Score. With an Altman Z-Score of 1.80, it sits in the distress. TTM revenue stands at $6.80B. with profit margins at 27.30%. Our DCF model estimates intrinsic value at $261.06.
Frequently asked questions
What is Fortinet Inc's stock price?
Fortinet Inc (FTNT) trades at $86.11.
Is Fortinet Inc overvalued?
Smart Value Score 59/100 (Grade C+, Hold). DCF value $261.06.
What is the price target of Fortinet Inc (FTNT)?
The analyst target price is $89.00, representing +3.4% upside from the current price of $86.11.
What is the intrinsic value of Fortinet Inc (FTNT)?
Based on our DCF model, intrinsic value is $261.06, a +66.4% margin of safety versus $86.11.
What is the future stock price of FTNT by 2030?
Our research-backed model estimates Fortinet Inc could reach $198.07 by 2030, based on analyst consensus, management guidance, and sector analysis.
What is Fortinet Inc's revenue?
TTM revenue is $6.80B.
Piotroski F-Score?
4/9 — moderate financial health.
Altman Z-Score?
1.80 — distress.
Company info
SectorTECHNOLOGY
IndustrySOFTWARE - INFRASTRUCTURE
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio9.18x
ROE135.70%
Beta1.00
50D MA$81.63
200D MA$83.54
Shares out0.74B
Float0.62B
Short ratio—
Avg volume6.0M
Performance
1 week+4.05%
1 month+5.37%
3 months+5.64%
YTD+8.44%
1 year—
3 years—
5 years—