FTNTFortinet, Inc. — stock analysis & sentiment
Fortinet, Inc. (FTNT) last closed at $153.22, in the upper half of its 52-week range of $70.12–$170.35. Composite market sentiment across 1 analysis is positive (+23 on a −100 to +100 scale), as of Jul 30, 2026.
Produced by the Synoptiv Research Engine from public financial data. Read the methodology.
Go beyond the overview
The thesis, technical signals, risk levels, and complete evidence — everything the overview leaves out.
What the data says
An overview of the public data behind FTNT.
Fortinet closes at $153.22, near the upper end of a 52-week band that runs from $70.12 to $170.35 — a range in which the high is more than double the low. A spread that wide over twelve months tells you the stock has repriced substantially rather than drifted, and the current price sits far closer to the top of that band than the bottom.
At a roughly $113 billion market capitalization, the shares trade at about 55 times trailing earnings and 42 times forward estimates, so the market is paying a considerable premium to the company's current profits and expects earnings to grow into that gap. The underlying business is genuinely profitable — a 27.5% net margin alongside 20.1% revenue growth — while a price-to-book of about 115 reflects a balance sheet carrying little tangible equity relative to market value, which is common for asset-light software businesses. A beta of 1.09 puts the stock's sensitivity to broad market moves just slightly above the market itself.
The recent news flow is mostly sector- and theme-level rather than company-specific. Headlines cover the growing use of AI in cybersecurity and the governance gaps that accompany it, AI-driven data breaches lifting cybersecurity ETFs, semiconductor and infrastructure security developments at Intel and NVIDIA, and valuation questions at peers like Cloudflare. Only two items concern Fortinet directly: a scheduled announcement of second-quarter 2026 financial results, and commentary on the stock's 74% climb since April.
Written from public market data. Research, not financial advice — the thesis, signals and risk levels are in the full report.
Price chart
FTNT daily price history.
Market sentiment
A composite of the public market data in this analysis, from −100 (bearish) to +100 (bullish).
This gauge blends news tone, analyst views, insider and congressional activity, and price momentum into a single score. The full report breaks down each driver and pairs it with the thesis.
See the full sentiment breakdown in the report →Key stats
A public snapshot of commonly used market and valuation measures.
Valuation & size
- Market cap
- $113.11B
- Enterprise value
- $109.53B
- P/E (TTM)
- 54.55
- Forward P/E
- 41.59
- Price / book
- 114.53
- Price / sales
- 15.91
Profitability & growth
- Net margin
- 27.49%
- Revenue growth
- +20.10%
- Earnings growth
- +28.60%
Price & risk
- Beta
- 1.09
- Average volume
- 6.29M
From noise to signal. The full report has FTNT’s thesis, trade signal, and risk levels.
About Fortinet, Inc.
Fortinet, Inc. develops cybersecurity products that converge networking and security, serving customers worldwide. Its platform centers on FortiOS, a unified operating system, and FortiGate firewalls for data centers, distributed offices, and hyperscale environments, supported by custom FortiASIC security processing units. The portfolio extends across secure networking — wireless LAN, secure connectivity, and SD-WAN — and unified SASE offerings that combine firewall, secure web gateway, cloud access security broker, data loss prevention, and zero trust network access. Cloud and application security products include web application firewalls, virtualized and cloud-native firewalls, application protection, and code security. The company also sells security operations tools spanning endpoint, extended, and network detection and response, sandboxing, deception, data loss prevention, and digital risk protection, along with endpoint and operational technology security. Threat intelligence and security services come from FortiGuard Labs, its research organization, and FortiCare provides technical support. Fortinet was incorporated in 2000 and is headquartered in Sunnyvale, California.
Latest news
Recent headlines related to FTNT, with vendor tone.
FTNT — frequently asked questions
Answered from the public data on this page.
What is the current market sentiment for FTNT?
As of Jul 30, 2026, Fortinet, Inc. (FTNT) carries positive (+23 on a −100 to +100 scale) composite sentiment. The score fuses recent news tone, analyst recommendations, technical posture, insider and congressional activity, and market attention into a single figure. The full breakdown of each component is in the report.
How has FTNT stock been performing?
Fortinet, Inc. last closed at $153.22, in the upper half of its 52-week range of $70.12–$170.35.
What is FTNT's market cap and valuation?
Fortinet, Inc. has a market capitalization of about $113.11B, a trailing P/E of 54.6.
What sector is FTNT in, and who are its competitors?
Fortinet, Inc. operates in the Technology sector, specifically Software - Infrastructure. Comparable companies include MSFT, ORCL, PANW, CRWD, NOW.
Where can I find a full analysis of FTNT?
The full FTNT report covers the bull and bear cases, technical signals with entry, stop and target levels, complete financial statements, earnings history, insider and congressional trades, and the conditions that would invalidate the thesis. It requires a free account.
Analysis history
Every saved analysis, newest first.