Fortinet Stock Today

FTNT Stock  USD 108.06  0.63  0.58%   

Performance

Good

 
Weak
 
Strong

Odds Of Distress

Very Small

 
High
 
Low
Fortinet is selling for under 108.06 as of the 25th of February 2025; that is 0.58 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 108.06. Fortinet has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Note, on February 14, 2025, Representative Rob Bresnahan of US Congress acquired under $15k worth of Fortinet's common stock.
Business Domain
Software & Services
IPO Date
18th of November 2009
Category
Technology
Classification
Information Technology
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California. Fortinet operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. The company has 766.45 M outstanding shares of which 15.17 M shares are currently shorted by private and institutional investors with about 3.8 trading days to cover. More on Fortinet

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Follow Valuation Options Odds of Bankruptcy
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Fortinet Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Co-Founder, Chairman and CEOKen Xie
Thematic IdeaComputers (View all Themes)
Business ConcentrationSystems Software, Software - Infrastructure, Information Technology, Nasdaq 100, SP 500 Index, NASDAQ 100 Equal, NASDAQ 100 Technology, NASDAQ 100 Pre, NASDAQ Composite, NASDAQ Composite Total, Computers, Information Technology, Software, Software—Infrastructure, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.730.61
Fairly Up
Very volatile
Gross Profit Margin0.580.8056
Way Down
Pretty Stable
Total Current Liabilities4.3 B4.1 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.4 B4.2 B
Sufficiently Up
Slightly volatile
Total Assets10.3 B9.8 B
Sufficiently Up
Slightly volatile
Total Current Assets6.3 BB
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities2.4 B2.3 B
Sufficiently Up
Slightly volatile
Debt Levels
Fortinet can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fortinet's financial leverage. It provides some insight into what part of Fortinet's total assets is financed by creditors.
Liquidity
Fortinet currently holds 994.3 M in liabilities with Debt to Equity (D/E) ratio of 4.24, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Fortinet has a current ratio of 1.05, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Note, when we think about Fortinet's use of debt, we should always consider it together with its cash and equity.

Depreciation

437.32 Million
Fortinet (FTNT) is traded on NASDAQ Exchange in USA. It is located in 909 Kifer Road, Sunnyvale, CA, United States, 94086 and employs 14,138 people. Fortinet is listed under Systems Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 83.31 B. Fortinet conducts business under Software sector and is part of Information Technology industry. The entity has 766.45 M outstanding shares of which 15.17 M shares are currently shorted by private and institutional investors with about 3.8 trading days to cover. Fortinet currently holds about 1.73 B in cash with 2.26 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.21.
Check Fortinet Probability Of Bankruptcy
Ownership Allocation
Fortinet holds a total of 766.45 Million outstanding shares. The majority of Fortinet outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Fortinet to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Fortinet. Please pay attention to any change in the institutional holdings of Fortinet as this could imply that something significant has changed or is about to change at the company. On February 14, 2025, Representative Rob Bresnahan of US Congress acquired under $15k worth of Fortinet's common stock.
Check Fortinet Ownership Details

Fortinet Stock Institutional Holders

InstituionRecorded OnShares
T. Rowe Price Investment Management,inc.2024-12-31
6.8 M
Amundi2024-12-31
6.6 M
Fmr Inc2024-12-31
6.5 M
Northern Trust Corp2024-12-31
6.5 M
Ubs Asset Mgmt Americas Inc2024-12-31
M
Barclays Plc2024-12-31
5.9 M
Legal & General Group Plc2024-12-31
5.8 M
Arrowstreet Capital Limited Partnership2024-09-30
5.5 M
Jpmorgan Chase & Co2024-09-30
5.4 M
Vanguard Group Inc2024-12-31
68.1 M
Blackrock Inc2024-12-31
56.6 M
View Fortinet Diagnostics

Fortinet Historical Income Statement

At this time, Fortinet's Research Development is comparatively stable compared to the past year. EBITDA is likely to gain to about 1.9 B in 2025, whereas Non Recurring is likely to drop slightly above 290.7 K in 2025. View More Fundamentals

Fortinet Stock Against Markets

Fortinet Corporate Management

John WhittleVP of Corporate Devel. and Strategic Alliances and General CounselProfile
Carl WindsorChief OfficerProfile
Chris PernaVice AcquisitionProfile
Matthew PleyExecutive SalesProfile

Additional Tools for Fortinet Stock Analysis

When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.