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Performance of FTNT Fortinet | -1.2% in 12m

Compare FTNT with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?

Compare Fortinet with its related Sector/Index XLK

Compare Fortinet with its related Sector/Index XLK

Performance Duell FTNT vs XLK

TimeFrame FTNT XLK
1 Day 1.00% 0.46%
1 Week 1.22% -0.41%
1 Month -3.59% -5.03%
3 Months -1.00% -2.41%
6 Months 13.8% 20.29%
12 Months -1.21% 35.71%
YTD 13.3% 5.82%
Rel. Perf. 1m 0.11
Rel. Perf. 3m 1.58
Rel. Perf. 6m -0.45
Rel. Perf. 12m -3.09

Is Fortinet a good stock to buy?

Yes, based on ValueRay Fundamental Analyses, Fortinet (NASDAQ:FTNT) is currently (April 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 89.21 and therefor a positive outlook according to fundamental data.
Based on ValueRays Technical Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FTNT as of April 2024 is 67.13. This means that FTNT is currently undervalued and has a potential upside of +2.57% (Margin of Safety).

Is FTNT a buy, sell or hold?

  • Strong Buy: 8
  • Buy: 5
  • Hold: 27
  • Sell: 0
  • Strong Sell: 1
Fortinet has received a consensus analysts rating of 3.46. Therefor, it is recommend to hold FTNT.
Values above 0%: FTNT is performing better - Values below 0%: FTNT is underperforming

Compare FTNT with Broad Market Indices

Symbol 1w 1m 6m 12m
US S&P 500 SPY 0.25% -0.83% -6.41% -25.47%
US NASDAQ 100 QQQ 1.06% 0.51% -5.47% -37.11%
US Dow Jones Industrial 30 DIA -0.74% -1.48% -3.33% -16.90%
German DAX 40 DBXD -0.55% -2.55% -7.73% -14.55%
UK FTSE 100 ISFU -0.96% -3.70% 0.71% -6.47%
Shanghai Shenzhen CSI 300 CSI 300 2.70% -2.97% 14.05% 13.60%
Hongkong Hang Seng HSI -4.58% -2.00% 20.59% 19.83%
Japan Nikkei 225 EXX7 1.35% 2.69% -3.24% -19.75%
India NIFTY 50 INDA -0.82% -6.50% -5.13% -30.87%
Brasil Bovespa EWZ -1.50% 0.32% 7.60% -18.60%

FTNT Fortinet vs. Sectors

Symbol 1w 1m 6m 12m
Communication Services XLC 0.12% -2.73% -6.35% -42.79%
Consumer Discretionary XLY 0.14% 0.76% -0.19% -20.34%
Consumer Staples XLP -2.26% -4.25% -0.07% -2.86%
Energy XLE -0.97% -6.73% 1.93% -16.55%
Financial XLF -2.38% -3.25% -14.98% -27.50%
Health Care XLV -0.53% -0.57% 2.51% -7.23%
Industrial XLI 0.41% -1.73% -10.66% -24.30%
Materials XLB 1.96% -0.24% -4.75% -12.17%
Real Estate XLRE -1.33% 1.17% 0.36% -3.55%
Technology XLK 1.63% 1.44% -6.54% -36.92%
Utilities XLU -2.93% -7.61% -1.34% 0.12%
Aerospace & Defense XAR -0.70% -0.64% -4.61% -18.27%
Biotech XBI 2.06% 5.83% -11.39% -4.58%
Homebuilder XHB -0.62% 2.72% -31.46% -49.92%
Retail XRT -1.41% 1.66% -10.93% -18.69%

FTNT Fortinet vs. Commodities

Symbol 1w 1m 6m 12m
Oil USO 0.29% -6.01% 10.23% -16.21%
Natural Gas UNG 1.36% 0.93% 62.17% 48.86%
Gold GLD 3.47% -10.38% -3.57% -17.35%
Silver SLV 4.90% -13.86% -4.71% -9.10%
Copper CPER -1.50% -14.73% -9.89% -15.91%

Returns of FTNT vs. Yields & Bonds

Symbol 1w 1m 6m 12m
iShares 20+ Years Bond TLT 2.21% 1.55% 8.13% 11.82%
iShares High Yield Corp. Bond HYG 0.22% -2.76% 5.03% -9.26%
Does Fortinet outperform its market, is FTNT a Sector Leader?
No, over the last 12 months Fortinet (FTNT) made -1.21%, while its related Sector, the Technology Sector SPDR Fund (XLK) made 35.71%.
Over the last 3 months FTNT made -1.00%, while XLK made -2.41%.
Period FTNT XLK S&P 500
1 Month -3.59% -5.03% -2.76%
3 Months -1.00% -2.41% 4.45%
12 Months -1.21% 35.71% 24.26%