FTNT · Fortinet Inc
Price
Snapshot
50 fields · last close| Market Cap | $124.1B |
| P/E | 58.52 |
| Float | 606.3M |
| Beta | 1.00 |
| Volatility | 25.1% |
| Exchange | NASDAQ |
| Sector | Technology |
| Cap tier | Large cap |
| Macro sensitivity | Moderate |
| Clavix score | 66.0 |
| Price | 171.55 |
| Change | +1.43% |
| Prev Close | 169.13 |
| Open | 182.35 |
| Day Low | 166.75 |
| Day High | 182.94 |
| Avg Vol | 4 |
| Avg $ Vol | $614.8M |
| 52W High | 197.13 |
| 52W Low | 73.55 |
| 52W Pos | 79.3% |
| From High | −12.98% |
| From Low | +133.24% |
| Max DD 1Y | −14.34% |
| Spread | 0.10% |
| Liquidity | Deep |
| SMA 20 | −5.70% |
| SMA 50 | +1.27% |
| SMA 200 | +38.49% |
| RSI (14) | 40.7 |
| Vol 30D | 42.8% |
| Vol 90D | 43.0% |
| 1Y Range | 74–197 |
| Daily bars | 536 |
| Perf Week | −13.16% |
| Perf Month | −2.00% |
| Perf Quarter | +5.47% |
| Perf Half Y | +106.66% |
| Perf Year | +102.36% |
| Perf YTD | +120.27% |
| Prev Day | +1.43% |
| Clavix | C+ |
| Debt / Eq | 0.80 |
| Curr Ratio | 1.17 |
| Int Cover | 57.3× |
| FCF Margin | 38.1% |
| Rev Growth | +14.2% |
| Profit | Profitable |
| Leverage | Moderate |
| Sector rank | 26 / 100 |
What FTNT does
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide.
The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains.
It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions.
In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security.
Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon.
Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services.
Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Clavix risk grade
regraded every trading dayFTNT grades C+, 66.0 of 100. Steadiest on Sector Resilience (70), most exposed on Macro Resilience (43, fragile). 3 of the 4 weighted dimensions sit above the Technology median. Ranks 26 of 100 in Technology by Clavix score.
How rough the ride is
| FTNT | Technology median | |
|---|---|---|
| Betavs the overall market · lower is steadier | 1.00 | 1.29 |
| Volatilityannualized | 25.1% | 32.7% |
| Max drawdown, past yearworst peak-to-trough fall | −14.3% | — |
| Typical daily movemedian absolute daily change | 1.52% | — |
| Days beyond ±3%of the last 252 sessions | 49 (19%) | — |
How its days are spread
Daily returns over the last 252 sessions in 1% bins. Moves beyond ±6% land in the end bins.
52-week range
The bar runs from the lowest to the highest close of the last 252 sessions; the marker is the latest close.
Drawdown from the 1-year peak
Percent below the running high over the last 12 months. Zero is a fresh high.
Market sensitivity
| FTNT | Technology median | |
|---|---|---|
| Beta to the markethow much it swings with the S&P 500 · lower is safer | 1.00 | 1.29 |
| Macro sensitivityrate, dollar and credit exposure bucket | Moderate | Moderate 39% of 102 |
Where it sits on the macro scale
Low means rates, the dollar and credit spreads barely move it. Very High means they drive a large share of its swings. The counts are how many Technology names sit in each bucket.
Where it ranks in its sector
Rank by Clavix score within the sector. Right is the top of the sector.
Price performance
| FTNT | |
|---|---|
| 1 week | −13.2% |
| 1 month | −2.0% |
| Year to date | +120.3% |
| 1 year | +102.4% |
Context for the rank, not itself a risk measure.
Recent coverage, scored
| FTNT | |
|---|---|
| Articles scoredthe most recent scored coverage, up to 30 | 30 since 10 Sep |
| Average score0 most bearish, 100 most bullish | 51 |
| Bullish · bearisharticles above 60 · below 40 | 15 · 12 |
| Directionarticles whose tone is improving vs worsening | 15 ↑ 12 ↓ |
Where the article scores land
Each bar is a 10-point band of article scores. Below 40 reads bearish, above 60 bullish.
Balance sheet, against the sector
The shaded band is the middle half of the 100 Technology names Clavix covers; the tick is the sector median.
Growth
| FTNT | |
|---|---|
| Revenue growthyear over year | +14.2% |
Financial Health is shown but does not count toward the grade. Why
0–100, higher is safer. The tick on each bar is the Technology median. Click a dimension for the evidence behind it. Financial Health is shown but does not count toward the grade.
Recent news
most recent scored articles · the chip is the article’s score · click to openFirst Merchants Corp cut its Fortinet (FTNT) holdings by 25% in the third quarter, selling about 24,446 shares and ending the period with 73,264 shares worth roughly $13.1 million.
Fortinet and Atos have expanded their partnership into a single global cybersecurity setup that bundles Fortinet's security products with Atos's managed services and consulting, aimed at large companies running across both cloud providers and their own on-premise data centers.
Wells Fargo raised its price target on Fortinet from $135 to $160 (a roughly 19% increase) but assigned an 'underweight' rating in a Thursday research note. The combination of a higher target with a cautious rating signals mixed analyst sentiment.
Fortinet shares dropped as much as 3.4% on Wednesday after a report that OpenAI, the AI startup, may be moving into the cybersecurity industry. The stock was still down 2.9% by 12:27 p.m. ET.
Fortinet's stock declined on Wednesday. Separately, reports surfaced that OpenAI is in preliminary talks to acquire Trail of Bits, a security research and cybersecurity firm, which the article suggests could mark OpenAI's entry into the broader cybersecurity market.
Nearest peers by size
Technology| Ticker | Company | Grade | Mkt cap | P/E | Beta | |
|---|---|---|---|---|---|---|
| WDC | Western Digital Corp | F | $133.4B | 14.16 | 2.31 | Compare |
| ACN | Accenture PLC | B- | $140.6B | 16.80 | 1.07 | Compare |
| SNOW | Snowflake Inc | C | $108.3B | — | 1.34 | Compare |
| STX | Seagate Technology Holdings PLC | D | $145.3B | 45.64 | 2.19 | Compare |
| NET | Cloudflare Inc | D+ | $105.5B | — | 1.37 | Compare |
| NOW | ServiceNow Inc | C | $146.8B | 87.90 | 0.96 | Compare |
| ADBE | Adobe Inc | B- | $95.43B | 13.10 | 1.41 | Compare |
| APP | Applovin Corp | D+ | $89.06B | 20.20 | 2.50 | Compare |
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