FTNT - Fortinet Inc Stock Price, Fair Value and News

65.45USD+0.65 (+1.00%)Market Closed

Market Summary

USD65.45+0.65

Market Closed

1.00%

FTNT Alerts

1 major insider sales recently.

FTNT Stock Price

View Fullscreen

FTNT RSI Chart

FTNT Valuation

Market Cap

49.4B

Price/Earnings (Trailing)

43.08

Price/Sales (Trailing)

9.32

EV/EBITDA

33.4

Price/Free Cashflow

25.55

FTNT Price/Sales (Trailing)

FTNT Profitability

EBT Margin

25.14%

Return on Equity

-247.69%

Return on Assets

15.81%

Free Cashflow Yield

3.91%

FTNT Fundamentals

FTNT Revenue

Revenue (TTM)

5.3B

Rev. Growth (Yr)

10.3%

Rev. Growth (Qtr)

6.03%

FTNT Earnings

Earnings (TTM)

1.1B

Earnings Growth (Yr)

-0.92%

Earnings Growth (Qtr)

-3.72%

Breaking Down FTNT Revenue

Last 7 days

0.5%

Last 30 days

-5.1%

Last 90 days

-2.0%

Trailing 12 Months

-2.2%

How does FTNT drawdown profile look like?

FTNT Financial Health

Current Ratio

1.19

Debt/Equity

-2.14

Debt/Cashflow

1.95

FTNT Investor Care

Buy Backs (1Y)

2.68%

Diluted EPS (TTM)

1.46

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	4.7B	5.0B	5.2B	5.3B
2022	3.6B	3.8B	4.1B	4.4B
2021	2.7B	2.9B	3.1B	3.3B
2020	2.3B	2.4B	2.5B	2.6B
2019	1.9B	2.0B	2.1B	2.2B
2018	1.6B	1.6B	1.7B	1.8B
2017	1.3B	1.4B	1.4B	1.5B
2016	1.1B	1.2B	1.2B	1.3B
2015	814.3M	870.0M	936.7M	1.0B
2014	648.4M	685.1M	723.7M	770.4M
2013	552.2M	570.7M	589.1M	615.3M
2012	457.6M	483.5M	503.3M	533.6M
2011	348.2M	374.9M	406.3M	433.6M
2010	0	276.3M	300.5M	324.7M
2009	0	0	0	252.1M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Fortinet Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 17, 2024	xie ken	sold	-1,557,360	64.8793	-24,004	president & ceo
Apr 17, 2024	xie ken	acquired	408,827	9.812	41,666	president & ceo
Apr 16, 2024	xie ken	sold	-1,553,380	64.7457	-23,992	president & ceo
Apr 16, 2024	xie ken	acquired	408,837	9.812	41,667	president & ceo
Mar 31, 2024	stavridis james g.	acquired	-	-	827	-
Mar 31, 2024	hu jean x.	acquired	-	-	827	-
Mar 31, 2024	sim judith	acquired	-	-	827	-
Mar 31, 2024	hsieh ming	acquired	-	-	827	-
Mar 31, 2024	goldman kenneth a	acquired	-	-	827	-
Mar 31, 2024	neukom william h.	acquired	-	-	827	-

Which funds bought or sold FTNT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	WESBANCO BANK INC	new	-	546,480	546,480	0.02%
Apr 23, 2024	Masso Torrence Wealth Management Inc.	added	8.31	66,421	317,983	0.19%
Apr 23, 2024	Livforsakringsbolaget Skandia, Omsesidigt	unchanged	-	16,692	116,895	0.01%
Apr 23, 2024	Values First Advisors, Inc.	reduced	-1.7	243,176	1,894,580	1.11%
Apr 23, 2024	ACCESS FINANCIAL SERVICES, INC.	added	0.29	212,363	1,457,940	0.65%
Apr 23, 2024	RATIONAL ADVISORS LLC	sold off	-100	-43,195	-	-%
Apr 23, 2024	Legal Advantage Investments, Inc.	sold off	-100	-528,233	-	-%
Apr 23, 2024	Fortune Financial Advisors, LLC	added	5.35	690,730	3,700,690	2.34%
Apr 23, 2024	Retireful, LLC	new	-	1,253,900	1,253,900	0.52%
Apr 23, 2024	Accurate Wealth Management, LLC	reduced	-11.84	-72,961	641,576	0.19%

Are Funds Buying or Selling FTNT?

Are funds buying FTNT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FTNT

No. of Funds

FTNT Alerts

1 major insider sales recently.

Unveiling Fortinet Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	xie michael	9.2%	70,468,292	SC 13G/A
Feb 13, 2024	xie ken	10.3%	78,664,328	SC 13G/A
Feb 13, 2024	vanguard group inc	8.76%	67,272,758	SC 13G/A
Jan 26, 2024	blackrock inc.	7.1%	54,206,558	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	1.7%	12,940,042	SC 13G/A
Feb 10, 2023	xie ken	9.9%	77,711,049	SC 13G/A
Feb 10, 2023	xie michael	9.0%	70,195,073	SC 13G/A
Feb 09, 2023	vanguard group inc	8.62%	67,373,952	SC 13G/A
Feb 01, 2023	blackrock inc.	6.5%	50,584,230	SC 13G/A
Feb 14, 2022	price t rowe associates inc /md/	6.5%	10,707,518	SC 13G

Recent SEC filings of Fortinet Inc

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	3	Insider Trading
Apr 17, 2024	144	Notice of Insider Sale Intent
Apr 17, 2024	4	Insider Trading
Apr 16, 2024	144	Notice of Insider Sale Intent
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading

Peers (Alternatives to Fortinet Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.0T	227.6B	-5.06%	44.46%	36.64	13.29	11.51%	22.38%
ADBE	211.9B	19.9B	-5.33%	25.33%	44.13	10.63	10.76%	1.35%
CRWD	71.5B	3.1B	-8.53%	129.79%	800.51	23.4	36.33%	148.75%
SQ	45.8B	21.9B	-6.85%	16.65%	6.7K	2.09	25.01%	101.26%
AKAM	15.4B	3.8B	-6.64%	26.14%	28.15	4.04	5.40%	4.57%
FFIV	10.6B	2.8B	-5.43%	34.87%	22.99	3.78	3.55%	53.13%
MID-CAP
ALTR	6.8B	612.7M	-0.91%	17.65%	-756.48	11.02	7.07%	79.45%
HCP	5.6B	583.1M	8.37%	7.34%	-29.63	9.69	22.54%	30.49%
ACIW	3.6B	1.5B	4.40%	34.68%	29.3	2.45	2.16%	-14.54%
APPN	2.7B	545.4M	-4.14%	-4.41%	-24	4.9	16.53%	26.16%
SMALL-CAP
CSGS	1.5B	1.2B	-2.38%	-5.13%	21.29	1.25	7.30%	93.18%
ATEN	1.0B	251.7M	-1.10%	-8.11%	25.11	3.99	-10.22%	-14.79%
BAND	464.9M	601.1M	-2.58%	39.72%	-28.44	0.77	4.88%	-183.51%
DTSS	18.6M	7.0M	0.68%	-54.72%	-2.16	2.91	-55.73%	-45.27%
BLIN	12.9M	15.6M	12.73%	37.78%	-1.29	0.83	-6.37%	-5256.07%

Fortinet Inc News

Latest updates

Fortinet Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	6.0%	1,415	1,335	1,293	1,262	1,283	1,150	1,030	955	964	867	801	710	748	651	618	578	619	548	522	473	510
Gross Profit	8.1%	1,099	1,017	997	955	986	867	779	701	735	656	614	554	581	512	483	449	479	424	393	360	382
Operating Expenses	0.0%	714	714	718	681	628	601	584	550	520	490	467	432	412	385	364	332	356	323	318	309	293
S&GA Expenses	0.6%	507	504	516	478	456	427	416	388	368	347	327	304	291	267	254	260	257	227	227	216	206
R&D Expenses	-2.8%	153	157	153	151	129	134	124	125	113	108	107	97.00	89.00	90.00	82.00	80.00	71.00	70.00	67.00	69.00	66.00
EBITDA Margin	1.0%	0.28*	0.27*	0.27*	0.26*	0.24*	0.22*	0.21*	0.21*	0.22*	0.22*	0.22*	0.22*	-	-	-	-	-	-	-	-	-
Interest Expenses	0%	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	1.00	-	-	-	-	-	-	-	-	-
Income Taxes	31833.3%	95.00	-0.30	28.00	21.00	9.00	27.00	2.00	-8.10	4.00	-9.30	8.00	12.00	25.00	5.00	10.00	13.00	14.00	26.00	13.00	2.00	-89.80
Earnings Before Taxes	26.8%	416	328	299	291	368	265	184	139	207	157	145	119	172	128	124	118	133	106	86.00	60.00	96.00
EBT Margin	1.1%	0.25*	0.25*	0.25*	0.23*	0.22*	0.19*	0.18*	0.18*	0.19*	0.19*	0.19*	0.20*	-	-	-	-	-	-	-	-	-
Net Income	-3.7%	311	323	266	248	314	232	174	138	199	163	138	107	147	123	114	105	119	80.00	73.00	59.00	185
Net Income Margin	-2.7%	0.22*	0.22*	0.21*	0.20*	0.19*	0.18*	0.18*	0.18*	0.18*	0.18*	0.18*	0.18*	-	-	-	-	-	-	-	-	-
Free Cashflow	-60.2%	192	481	438	647	440	395	284	274	298	330	395	264	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-2.9%	7,259	7,479	7,486	6,832	6,228	5,336	5,295	5,651	5,919	5,971	5,559	5,282	4,045	3,586	3,331	3,206	3,879	3,546	3,369	3,206	3,078
Current Assets	-6.8%	4,428	4,753	4,878	4,359	3,810	2,982	2,953	3,208	3,601	3,964	3,908	3,781	2,740	2,385	2,209	2,035	2,769	2,466	2,361	2,313	2,221
Cash Equivalents	-36.1%	1,398	2,187	2,376	2,304	1,683	964	710	924	1,319	1,852	1,879	1,860	1,062	882	916	626	1,223	1,176	1,022	1,217	1,112
Inventory	3.7%	485	468	376	303	265	216	195	185	176	178	150	150	140	135	126	105	118	99.00	86.00	88.00	90.00
Net PPE	0.6%	1,044	1,038	982	917	899	890	815	787	688	557	507	494	448	419	393	374	344	306	285	272	271
Goodwill	0.9%	127	125	126	128	128	120	121	124	125	128	99.00	99.00	93.00	68.00	67.00	67.00	67.00	38.00	-	-	-
Liabilities	4.3%	7,722	7,405	7,165	6,821	6,510	5,959	5,674	5,418	5,121	4,835	4,509	4,301	3,189	2,873	2,787	2,670	2,537	2,345	2,247	2,148	2,068
Current Liabilities	1.9%	3,719	3,649	3,501	3,262	3,078	2,780	2,635	2,511	2,318	2,198	1,999	1,880	1,830	1,646	1,612	1,543	1,456	1,342	1,294	1,254	1,256
Long Term Debt	0.1%	992	992	991	991	990	990	989	989	988	988	988	987	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	0.1%	992	992	991	991	990	990	989	989	988	988	988	987	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-725.4%	-463	74.00	321	11.00	-281	-	-	233	798	1,136	1,050	981	856	713	567	557	1,342	1,218	1,139	1,058	1,026
Retained Earnings	-43.3%	-1,861	-1,299	-1,032	-1,298	-1,546	-1,860	-1,607	-1,003	-467	-138	-195	-244	-352	-466	-613	-589	161	47.00	-9.00	-50.00	-57.50
Additional Paid-In Capital	1.4%	1,416	1,397	1,376	1,327	1,284	1,250	1,237	1,236	1,254	1,258	1,246	1,225	1,207	1,179	1,154	1,128	1,180	1,153	1,130	1,108	1,068
Shares Outstanding	-2.0%	761	776	786	784	782	795	799	803	816	818	816	815	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	12.00	13.00	16.00	17.00	18.00	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	38,473	-	-	-	25,622	-	-	-	25,504	-	-	-	14,216	-	-	-	8,794	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-65.2%	192	551	515	678	528	483	323	396	367	399	418	316	297	221	247	319	190	221	195	201	180
Share Based Compensation	-1.4%	63.00	64.00	65.00	56.00	55.00	55.00	55.00	53.00	53.00	53.00	53.00	50.00	49.00	49.00	49.00	45.00	44.00	42.00	45.00	43.00	43.00
Cashflow From Investing	35.6%	-71.60	-111	-424	-42.40	217	298	294	-45.40	-265	-307	-278	-473	-65.00	-224	212	5.00	-99.60	-27.10	-336	-39.00	-127
Cashflow From Financing	-44.7%	-910	-628	-17.70	-13.70	-27.40	-526	-830	-746	-633	-118	-120	956	-52.00	-30.30	-168	-920	-43.80	-40.70	-53.30	-57.80	-109
Buy Backs	48.1%	896	605	-	-	-	500	800	691	557	109	92.00	-	34.00	5.00	146	890	26.00	27.00	35.00	60.00	95.00

FTNT Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUE:
Total revenue	$ 5,304.8	$ 4,417.4	$ 3,342.2
COST OF REVENUE:
Total cost of revenue	1,237.2	1,084.9	783.0
GROSS PROFIT:
Total gross profit	4,067.6	3,332.5	2,559.2
OPERATING EXPENSES:
Research and development	613.8	512.4	424.2
Sales and marketing	2,006.0	1,686.1	1,345.7
General and administrative	211.3	169.0	143.5
Gain on intellectual property matter	(4.6)	(4.6)	(4.6)
Total operating expenses	2,826.5	2,362.9	1,908.8
OPERATING INCOME	1,241.1	969.6	650.4
INTEREST INCOME	119.7	17.4	4.5
INTEREST EXPENSE	(21.0)	(18.0)	(14.9)
OTHER EXPENSE—NET	(6.1)	(13.5)	(11.6)
INCOME BEFORE INCOME TAXES AND LOSS FROM EQUITY METHOD INVESTMENTS	1,333.7	955.5	628.4
PROVISION FOR INCOME TAXES	143.8	30.8	14.1
LOSS FROM EQUITY METHOD INVESTMENTS	(42.1)	(68.1)	(7.6)
NET INCOME INCLUDING NON-CONTROLLING INTERESTS	1,147.8	856.6	606.7
LESS: NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS, NET OF TAX	0.0	(0.7)	(0.1)
NET INCOME ATTRIBUTABLE TO FORTINET, INC.	$ 1,147.8	$ 857.3	$ 606.8
Net income per share attributable to Fortinet, Inc. (Note 9):
Basic (in dollars per share)	$ 1.47	$ 1.08	$ 0.74
Diluted (in dollars per share)	$ 1.46	$ 1.06	$ 0.73
Weighted-average shares used to compute net income per share attributable to Fortinet, Inc.:
Basic (in shares)	778.6	791.4	816.1
Diluted (in shares)	788.2	805.3	835.3
Product
REVENUE:
Total revenue	$ 1,927.3	$ 1,780.5	$ 1,255.0
COST OF REVENUE:
Total cost of revenue	763.6	691.3	487.7
GROSS PROFIT:
Total gross profit	1,163.7	1,089.2	767.3
Service
REVENUE:
Total revenue	3,377.5	2,636.9	2,087.2
COST OF REVENUE:
Total cost of revenue	473.6	393.6	295.3
GROSS PROFIT:
Total gross profit	$ 2,903.9	$ 2,243.3	$ 1,791.9

FTNT Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS:
Cash and cash equivalents	$ 1,397.9	$ 1,682.9
Short-term investments	1,021.5	502.6
Marketable equity securities	21.0	25.5
Accounts receivable—Net of allowance for credit losses of $8.2 million and $3.6 million at December 31, 2023 and 2022, respectively	1,402.0	1,261.7
Inventory	484.8	264.6
Prepaid expenses and other current assets	101.1	73.1
Total current assets	4,428.3	3,810.4
LONG-TERM INVESTMENTS	0.0	45.5
PROPERTY AND EQUIPMENT—NET	1,044.4	898.5
DEFERRED CONTRACT COSTS	605.6	518.2
DEFERRED TAX ASSETS	868.8	569.4
GOODWILL	126.5	128.0
OTHER INTANGIBLE ASSETS—NET	35.3	56.0
OTHER ASSETS	150.0	202.0
TOTAL ASSETS	7,258.9	6,228.0
CURRENT LIABILITIES:
Accounts payable	204.3	243.4
Accrued liabilities	423.7	266.3
Accrued payroll and compensation	242.3	219.4
Deferred revenue	2,848.7	2,349.3
Total current liabilities	3,719.0	3,078.4
DEFERRED REVENUE	2,886.3	2,291.0
LONG-TERM DEBT	992.3	990.4
OTHER LIABILITIES	124.7	149.8
Total liabilities	7,722.3	6,509.6
COMMITMENTS AND CONTINGENCIES (Note 12)
STOCKHOLDERS’ DEFICIT:
Common stock, $0.001 par value—1,500.0 shares authorized; 761.0 shares and 781.5 shares issued and outstanding at December 31, 2023 and 2022, respectively	0.8	0.8
Additional paid-in capital	1,416.4	1,284.2
Accumulated other comprehensive loss	(18.9)	(20.2)
Accumulated deficit	(1,861.7)	(1,546.4)
Total stockholders’ deficit	(463.4)	(281.6)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$ 7,258.9	$ 6,228.0

About Fortinet Inc

Fortinet, Inc. provides cybersecurity and networking solutions worldwide. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides centralized network logging, analyzing and reporting solutions. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiAuthenticator, a zero trust access solution; FortiGate VM, a network firewall virtual appliance; FortiToken, product family for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both machine-learning anti-malware protection and remediation. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.

CEO	Mr. Ken Xie
WEBSITE	fortinet.com
INDUSTRY	Software - Infra
EMPLOYEES	13677

Fortinet Inc Frequently Asked Questions

What is the ticker symbol for Fortinet Inc? What does FTNT stand for in stocks?

FTNT is the stock ticker symbol of Fortinet Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Fortinet Inc (FTNT)?

As of Tue Apr 23 2024, market cap of Fortinet Inc is 49.44 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FTNT stock?

You can check FTNT's fair value in chart for subscribers.

What is the fair value of FTNT stock?

You can check FTNT's fair value in chart for subscribers. The fair value of Fortinet Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Fortinet Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FTNT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Fortinet Inc a good stock to buy?

The fair value guage provides a quick view whether FTNT is over valued or under valued. Whether Fortinet Inc is cheap or expensive depends on the assumptions which impact Fortinet Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FTNT.

What is Fortinet Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, FTNT's PE ratio (Price to Earnings) is 43.08 and Price to Sales (PS) ratio is 9.32. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FTNT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Fortinet Inc's stock?

In the past 10 years, Fortinet Inc has provided 0.308 (multiply by 100 for percentage) rate of return.