FTNT - Fortinet - 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 provider of cybersecurity solutions and converged networking and security products worldwide. The company's secure networking solutions focus on integrating networking and security features, offering a range of products such as FortiGate data center, hyperscale, and distributed firewalls, as well as encrypted applications. Additionally, Fortinet provides wireless LAN solutions, secure connectivity solutions, including FortiSwitch secure Ethernet switches, FortiAP wireless local area network access points, and FortiExtender 5G connectivity gateways.
The company's Fortinet Unified SASE solutions offer a comprehensive suite of features, including firewall, SD-WAN, secure web gateway, cloud access services broker, data loss prevention, zero-trust network access, and cloud security. This includes web application firewalls, virtualized firewalls, and cloud-native firewalls, providing customers with a robust security framework.
Fortinet's security operations solutions are designed to help customers detect, prevent, and respond to cyber threats. The company offers a range of products, including FortiAI, a generative AI assistant, FortiSIEM security information and event management, FortiSOAR security orchestration, automation, and response, and FortiEDR endpoint detection and response. Other products include FortiXDR extended detection and response, FortiMDR managed detection and response service, FortiNDR network detection and response, and FortiRecon digital risk protection.
In addition to its product portfolio, Fortinet offers a range of services, including FortiGuard security services, which consist of application security, content security, device security, NOC/SOC security, and web security services. The company also provides FortiCare technical support services and training services to customers and channel partners. Furthermore, Fortinet operates a FortiGuard Lab, a cybersecurity threat intelligence and research organization, which helps to identify and mitigate emerging threats.
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 focus on innovation and customer satisfaction, Fortinet has established itself as a leader in the cybersecurity industry. The company was founded in 2000 and is headquartered in Sunnyvale, California.
Drawdown (Underwater) Chart
![Drawdown / Underwater Chart for FTNT - Fortinet - Stock Price & Dividends](https://www.valueray.com/images/drawdown_chart/FTNT.NASDAQ_drawdown.png)
Overall Trend and Yearly Seasonality
![Drawdown / Underwater Chart for FTNT - Fortinet - Stock Price & Dividends](https://www.valueray.com/images/chart/FTNT.NASDAQ_seasonality.png)
FTNT Stock Overview
Market Cap in USD | 44,408m |
Sector | Technology |
Industry | Software - Infrastructure |
GiC SubIndustry | Systems Software |
TER | 0.00% |
IPO / Inception | 2009-11-18 |
FTNT Stock Ratings
Growth 5y | 69.7 |
Fundamental | 83.5 |
Dividend | 0.00 |
Rel. Performance vs Sector | -2.18 |
Analysts | 3.51/5 |
Fair Price Momentum | 65.32 USD |
Fair Price DCF | 53.76 USD |
FTNT Dividends
Dividend Yield 12m | 0.00% |
Yield on Cost 5y | 0.00% |
Dividends CAGR 5y | 0.00% |
Payout Consistency | 0.0% |
FTNT Growth Ratios
Growth 12m | -25.78% |
Growth Correlation 12m | 12% |
Growth Correlation 3m | -33% |
CAGR 5y | 27.92% |
CAGR/Mean DD 5y | 1.98 |
Sharpe Ratio 12m | -0.79 |
Alpha vs SP500 12m | -50.52 |
Beta vs SP500 5y weekly | 1.25 |
ValueRay RSI | 26.81 |
Volatility GJR Garch 1y | 30.96% |
Price / SMA 50 | -4.39% |
Price / SMA 200 | -6.8% |
Current Volume | 4245k |
Average Volume 20d | 4960.7k |
External Links for FTNT Stock
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of July 27, 2024, the stock is trading at USD 57.00 with a total of 4,244,996 shares traded.
Over the past week, the price has changed by -2.53%, over one month by -1.91%, over three months by -11.19% and over the past year by -26.66%.
According to ValueRays Forecast Model, FTNT Fortinet will be worth about 73 in July 2025. The stock is currently trading at 57.00. This means that the stock has a potential upside of +28.11%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 71.1 | 24.7 |
Analysts Target Price | 72.4 | 27.0 |
ValueRay Target Price | 73 | 28.1 |