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

Overall Trend and Yearly Seasonality

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

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

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What is the price of FTNT stocks?
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%.
What are the forecast for FTNT stock price target?
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