Fortinet

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About FTNT

Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers, government organizations, and small to medium-sized businesses. Its product portfolio includes network security, secure access service edge, enterprise networking, security operations, application security, and operational technology.

CEO

Ken Xie

CEOKen Xie

Employees

14,138

Employees14,138

Headquarters

Sunnyvale, California

HeadquartersSunnyvale, California

Founded

2000

Founded2000

Employees

14,138

Employees14,138

FTNT Key Statistics

Market cap

58.67B

Market cap58.67B

Price-Earnings ratio

30.70

Price-Earnings ratio30.70

Dividend yield

—

Dividend yield—

Average volume

6.91M

Average volume6.91M

High today

$77.19

High today$77.19

Low today

$76.10

Low today$76.10

Open price

$76.73

Open price$76.73

Volume

4.86M

Volume4.86M

52 Week high

$114.82

52 Week high$114.82

52 Week low

$70.12

52 Week low$70.12

FTNT News

Simply Wall St 19h

Is Fortinet’s Expanded Buyback and Stadium Deal Shifting Its Capital Allocation Approach?

In August 2025, Fortinet announced an additional US$1.0 billion increase to its equity buyback plan, bringing total authorization to US$9.25 billion and extendi...

TipRanks 2d

Fortinet Stock Falls as Morgan Stanley Turns Bearish

Fortinet (FTNT) stock was down about 3.5% in Tuesday’s pre-market trading as Morgan Stanley turned bearish on the cybersecurity company, downgrading its rating...

TipRanks 2d

Fortinet downgraded to Underweight from Equal Weight at Morgan Stanley

Morgan Stanley analyst Meta Marshall downgraded Fortinet (FTNT) to Underweight from Equal Weight with a price target of $67, down from $78. The firm believes th...

Analyst ratings

69%

of 45 ratings

Buy

26.7%

Hold

68.9%

Sell

4.4%

More FTNT News

TipRanks 7d

Fortinet’s Strategic Shift and Competitive Edge Justify Buy Rating

In a report released on August 25, Gabriela Borges from Goldman Sachs maintained a Buy rating on Fortinet, with a price target of $101.00. Elevate Your Investi...

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