FTNT 📈 Fortinet - Overview
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US34959E1091
FTNT: Firewalls, Switches, Routers, Wireless, Security, Networking
Fortinet Inc is a global provider of cybersecurity solutions, focusing on the convergence of networking and security to help organizations protect their networks, applications, and data from evolving threats. The company's product portfolio includes secure networking solutions, such as FortiGate firewalls, which are designed to provide high-performance, scalable, and secure networking for data centers, hyperscale environments, and distributed networks. Additionally, Fortinet offers wireless LAN solutions, secure connectivity solutions, including FortiSwitch secure ethernet switches and FortiAP wireless local area network access points, as well as FortiExtender 5G connectivity gateways.
Fortinet's Unified SASE solutions are designed to provide a comprehensive security framework for organizations, encompassing 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, all of which are designed to provide robust security and protection for cloud-based applications and data. The company's security operations solutions comprise a range of products, including FortiAI, a generative AI assistant, FortiSIEM, a security information and event management system, and FortiSOAR, a security orchestration, automation, and response platform.
Fortinet also offers a range of security services, including FortiGuard security services, which consist of application security, content security, device security, NOC/SOC security, and web security services. The company provides FortiCare technical support services and training services to customers and channel partners, and operates a FortiGuard Lab, a cybersecurity threat intelligence and research organization. This lab is responsible for monitoring and analyzing emerging threats, providing critical threat intelligence to help organizations stay ahead of potential security risks. Fortinet serves a diverse range of customers, including enterprise organizations, communication and security service providers, government agencies, and small and medium-sized businesses, providing them with the necessary tools and expertise to protect their networks and data from cyber threats.
As a leading provider of cybersecurity solutions, Fortinet has established itself as a trusted partner for organizations seeking to protect their networks, applications, and data from evolving threats. With a strong focus on innovation and research, the company continues to develop and deliver cutting-edge security solutions, including AI-powered security tools, cloud-native firewalls, and advanced threat detection systems. Headquartered in Sunnyvale, California, Fortinet was incorporated in 2000 and is publicly traded on the NASDAQ stock exchange under the ticker symbol FTNT, with a web presence at https://www.fortinet.com. The company's common stock is listed under the ISIN US34959E1091, and it operates within the Systems Software sub-industry.
Additional Sources for FTNT Stock
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Fund Manager Positions: Dataroma Stockcircle
FTNT Stock Overview
Market Cap in USD | 76,040m |
Sector | Technology |
Industry | Software - Infrastructure |
GiC Sub-Industry | Systems Software |
IPO / Inception | 2009-11-18 |
FTNT Stock Ratings
Growth 5y | 86.4% |
Fundamental | 87.1% |
Dividend | - |
Rel. Strength Industry | 155 |
Analysts | 3.58/5 |
Fair Price Momentum | 108.93 USD |
Fair Price DCF | 51.47 USD |
FTNT Dividends
No Dividends PaidFTNT Growth Ratios
Growth Correlation 3m | 80.6% |
Growth Correlation 12m | 64.4% |
Growth Correlation 5y | 77.6% |
CAGR 5y | 33.33% |
CAGR/Mean DD 5y | 2.35 |
Sharpe Ratio 12m | 1.33 |
Alpha | 32.71 |
Beta | 1.18 |
Volatility | 36.06% |
Current Volume | 2183.9k |
Average Volume 20d | 3929.5k |
As of January 02, 2025, the stock is trading at USD 94.48 with a total of 2,183,907 shares traded.
Over the past week, the price has changed by -2.89%, over one month by -0.88%, over three months by +23.52% and over the past year by +63.52%.
Yes, based on ValueRay Fundamental Analyses, Fortinet (NASDAQ:FTNT) is currently (January 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 87.08 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FTNT as of January 2025 is 108.93. This means that FTNT is currently undervalued and has a potential upside of +15.29% (Margin of Safety).
Fortinet has received a consensus analysts rating of 3.58. Therefor, it is recommend to hold FTNT.
- Strong Buy: 10
- Buy: 7
- Hold: 25
- Sell: 0
- Strong Sell: 1
According to ValueRays Forecast Model, FTNT Fortinet will be worth about 121.7 in January 2026. The stock is currently trading at 94.48. This means that the stock has a potential upside of +28.81%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 95.3 | 0.8% |
Analysts Target Price | 72.4 | -23.4% |
ValueRay Target Price | 121.7 | 28.8% |