Fortinet (FTNT) - Stock Price & Dividends

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

Fortinet Inc, traded on the NASDAQ under ticker symbol FTNT, is a company that specializes in cybersecurity and networking solutions that are utilized all over the world. Their flagship product, FortiGate, comes in hardware and software versions and provides an array of security and networking features such as firewall, intrusion prevention, anti-malware, VPN, application control, web filtering, anti-spam, and WAN acceleration.

Besides FortiGate, Fortinet offers a variety of other products like FortiSwitch for secure switching, FortiAP for wireless networking, FortiExtender hardware, FortiAnalyzer for network logging and reporting, and FortiManager for centralized network management. Their line-up also includes FortiWeb for web application firewall, FortiMail for email security, FortiSandbox for advanced threat detection, and FortiClient for endpoint protection with various security features.

Furthermore, Fortinet provides security subscriptions, technical support, and training services to its customers, who come from various sectors including telecommunications, technology, government, finance, education, retail, manufacturing, and healthcare. They distribute their solutions through channel partners and directly to end-users. One of their notable collaborations is with Linksys. Established in 2000, Fortinet is headquartered in Sunnyvale, California. More information can be found on their website: https://www.fortinet.com.

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Drawdown (Underwater) Chart

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

FTNT Stock Overview

Market Cap in USD 52,586m
Sector Technology
Industry Software - Infrastructure
GiC SubIndustry Systems Software
TER 0.00%
IPO / Inception 2009-11-18

FTNT Stock Ratings

Fundamental 8.86
Dividend -
Growth 5y 7.17
Rel. Performance vs Sector -2.63
Analysts 3.48
Fair Price Total Ret. 72.43
Fair Price DCF 55.55

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 18.94%
Growth Correlation 12m -17%
Growth Correlation 3m 82%
CAGR 5y 32.84%
CAGR / Mean Drawdown 2.40
Sharpe Ratio 12m 0.35
Alpha vs SP500 12m -18.25
Beta vs SP500 5y weekly 1.28
CAPM 8.78%
Average Daily Range 2m 2.71%
Regime Oscillator 59.32
Volatility GJR Garch 1y 47.67%
Price / SMA 50 8.93%
Price / SMA 200 9.97%
Current Volume 2744.8k
Average Volume 20d 7678.9k

External Links for FTNT Stock

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What is the price of FTNT stocks?
As of February 29, 2024, the stock is trading at USD 69.51 with a total of 2,744,765 shares traded.
Over the past week, the price has changed by +6.38%, over one month by +4.60%, over three months by +31.67% and over the past year by +16.59%.
Why is FTNT stock down?
Check with which Index or Commodity FTNT has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return FTNT Return S&P 500
1 Month 4.60% 3.05%
3 Months 31.67% 11.73%
12 Months 16.59% 29.22%
What is the forecast for FTNT stock price target?
According to ValueRays Forecast Model, FTNT Fortinet will be worth about 81.2 in February 2025. The stock is currently trading at 69.51. This means that the stock has a potential upside of +16.8%.
Issuer Forecast Upside
Wallstreet Target Price 75.3 8.3%
Analysts Target Price 72.4 4.2%
ValueRay Target Price 81.2 16.8%