Fortinet (FTNT) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US34959E1091

Firewalls, Cybersecurity, Networking, Switches, Access Points, Gateways

Fortinet Inc. is a leading global provider of cybersecurity and converged networking solutions. The company's innovative products and services are designed to help organizations of all sizes protect themselves from an ever-evolving threat landscape.

At the heart of Fortinet's offerings are its secure networking solutions, which focus on the convergence of networking and security. This includes a range of products such as FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications. Additionally, the company offers wireless LAN solutions and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, and FortiExtender 5G connectivity gateways.

Fortinet's Unified SASE (Secure Access Service Edge) solutions provide a comprehensive approach to security, combining firewall, SD-WAN, Secure web gateway, cloud access services broker, data loss prevention, zero trust network access, and cloud security capabilities. This integrated approach enables organizations to protect their networks, applications, and data from a single platform.

The company's security operations solutions are designed to help organizations detect, respond to, and prevent cyber threats. These solutions include FortiAI, a generative AI assistant, as well as FortiSIEM, FortiSOAR, FortiEDR, FortiXDR, FortiMDR, FortiNDR, FortiRecon, FortiDeceptor, and FortiGuard, among others. These products provide advanced threat detection, incident response, and security orchestration capabilities.

In addition to its product portfolio, Fortinet offers a range of services, including FortiGuard security services, FortiCare technical support services, and training services. The company's FortiGuard Lab is a renowned cybersecurity threat intelligence and research organization that provides critical insights and threat analysis to customers and the broader cybersecurity community.

Fortinet serves a diverse range of customers, including enterprises, communication and security service providers, government organizations, and small and medium-sized businesses. With a strong commitment to innovation and customer satisfaction, Fortinet has established itself as a leader in the cybersecurity industry since its incorporation in 2000. Headquartered in Sunnyvale, California, the company continues to drive innovation and excellence in cybersecurity.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Fortinet (FTNT) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Fortinet (FTNT) - Stock Price & Dividends

FTNT Stock Overview

Market Cap in USD 45,645m
Sector Technology
Industry Software - Infrastructure
GiC SubIndustry Systems Software
TER 0.00%
IPO / Inception 2009-11-18

FTNT Stock Ratings

Growth 5y 69.0
Fundamental 83.4
Dividend -
Rel. Performance vs Sector -4.62
Analysts 3.52/5
Fair Price Momentum 59.43 USD
Fair Price DCF 55.18 USD

FTNT Dividends

Yield 12m 0.00%
Yield on Cost 5y 0.00%
Dividends CAGR 5y 0.00%
Payout Consistency 0.0%

FTNT Growth Ratios

Growth 12m -15.02%
Growth Correlation 12m -1%
Growth Correlation 3m -59%
CAGR 5y 31.61%
CAGR/Mean DD 5y 2.32
Sharpe Ratio 12m -0.51
Alpha vs SP500 12m -46.90
Beta vs SP500 5y weekly 1.25
ValueRay RSI 63.33
Volatility GJR Garch 1y 35.36%
Price / SMA 50 -1.73%
Price / SMA 200 -0.7%
Current Volume 4979.3k
Average Volume 20d 4563.5k

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What is the price of FTNT stocks?
As of June 18, 2024, the stock is trading at USD 60.90 with a total of 4,979,297 shares traded.
Over the past week, the price has changed by +1.35%, over one month by -0.86%, over three months by -9.84% and over the past year by -16.32%.
What are the forecast for FTNT stock price target?
According to ValueRays Forecast Model, FTNT Fortinet will be worth about 66.6 in June 2025. The stock is currently trading at 60.90. This means that the stock has a potential upside of +9.33%.
Issuer Forecast Upside
Wallstreet Target Price 71.1 16.7
Analysts Target Price 72.4 18.9
ValueRay Target Price 66.6 9.33