Fortinet, Inc. (FTNT) Stock Price & Analysis
Fortinet, Inc. (FTNT) rose 0.55% to USD 152.37 as of July 25, 2026 at 01:13 UTC, according to Nexqual real-time market data.
FTNT last closed at USD 151.54; the session ranged USD 151.54–154.32 on volume of 2,769,605 shares. Market capitalization is $111.63B, with a 52-week range of USD 70.12–170.35 (NMS). Source: Nexqual, July 25, 2026 at 01:13 UTC.
Key Statistics (as of July 25, 2026 at 01:13 UTC)
| Price | USD 152.37 |
|---|---|
| Change | ▲ 0.55% (up) |
| Previous Close | USD 151.54 |
| Open | USD 152.7 |
| Day Range | USD 151.54 – 154.32 |
| 52-Week Range | USD 70.12 – 170.35 |
| Volume | 2,769,605 shares |
| Market Cap | $111.63B |
| Exchange | NMS |
Technical Analysis (FTNT)
Nexqual's technical model rates FTNT "BUY" based on 4 bullish and 2 bearish signals across 125 daily candles, as of July 25, 2026 at 01:13 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 46.5 (neutral) |
| vs SMA50 | Above (USD 146.57) |
| MACD | 3.09 (positive) |
Analyst Ratings (FTNT)
Wall Street analysts rate FTNT "Hold" based on 37 analysts, with a mean price target of USD 133 (range USD 75–215), per Nexqual as of July 25, 2026 at 01:13 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 37 |
| Mean Target | USD 133 |
| High Target | USD 215 |
| Low Target | USD 75 |
| Buy / Hold / Sell | 11 / 28 / 5 |
Earnings (FTNT)
| Next Earnings Date | 2026-07-29 |
|---|---|
| EPS Estimate | USD 0.75 |
| Revenue Estimate | $1.89B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-03-31 | USD 0.82 vs est 0.62 ▲ beat |
| 2025-12-31 | USD 0.81 vs est 0.74 ▲ beat |
| 2025-09-30 | USD 0.74 vs est 0.63 ▲ beat |
| 2025-06-30 | USD 0.64 vs est 0.59 ▲ beat |
Source: Nexqual, July 25, 2026 at 01:13 UTC.
Financials & Fundamentals (FTNT)
| Total Revenue | $7.11B |
|---|---|
| Revenue Growth (YoY) | +20.10% |
| Gross Margin | +80.30% |
| Operating Margin | +31.28% |
| Profit Margin | +27.49% |
| ROE | +132.39% |
| Debt / Equity | 57.31 |
| Current Ratio | 1.15 |
| Total Cash | $3.29B |
| Total Debt | $567.20M |
| Free Cash Flow | $1.81B |
Source: Nexqual, July 25, 2026 at 01:13 UTC.
Financial Health Score (FTNT)
Nexqual rates Fortinet, Inc.'s overall financial health "Strong" across five dimensions, as of July 25, 2026 at 01:13 UTC.
| Growth | Solid — Revenue +14% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 80%, operating 31% |
| Balance Sheet | Solid — $3.29B cash vs $567M debt, net cash position |
| Cash Flow | Strong — FCF $1.81B, 27% margin |
| Efficiency | Strong — ROE 132%, ROA 13.6% |
Ownership (FTNT)
| Insider Ownership | +17.39% |
|---|---|
| Institutional Ownership | +74.19% |
| Shares Outstanding | 732.65M |
| Float | 617.65M |
| Short % of Float | +2.49% |
Source: Nexqual, July 25, 2026 at 01:13 UTC.
Leadership (FTNT)
Fortinet, Inc. is led by Ken Xie (age 62), Co-Founder, Chairman & CEO, per Nexqual as of July 25, 2026 at 01:13 UTC.
| Co-Founder, Chairman & CEO | Ken Xie (age 62) |
|---|---|
| Co-Founder, President, CTO & Director | Michael Xie (age 56) |
| Chief Accounting Officer, CFO and Principal Financial & Accounting Officer | Christiane Ohlgart (age 57) |
| Chief Operating Officer | John Whittle (age 56) |
| Vice President of Investor Relations | Anthony Luscri |
Major Backers & Investors (FTNT)
Notable institutional backers of Fortinet, Inc. include Invesco, First Trust Advisors LP, Arrowstreet Capital, Limited Partnership, according to Nexqual as of July 25, 2026 at 01:13 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Invesco | 5.61% |
| First Trust Advisors LP | 1.57% |
| Arrowstreet Capital, Limited Partnership | 1.32% |
| Goldman Sachs | 1.23% |
| First TRT Exch-Trd Fd. II-First TRT NASDAQ Cybersecurity ETF | 1.2% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 16.15% |
| BlackRock | 9.6% |
| State Street | 4.98% |
| Geode Capital | 2.38% |
| BNY Mellon | 1.82% |
Source: Nexqual, July 25, 2026 at 01:13 UTC.
From Fortinet, Inc.'s Latest SEC 10-K Filing (filed 2026-02-25)
Key Strengths & Strategy (as disclosed to the SEC)
- Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide.
- 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.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| PANW | Palo Alto Networks, Inc. | USD 323.79 | ▼ 3.43% |
| ZS | Zscaler, Inc. | USD 142.32 | ▲ 0.04% |
| CRWD | CrowdStrike Holdings, Inc. | USD 183.28 | ▼ 2.73% |
| OKTA | Okta, Inc. | USD 138.5 | ▲ 1.32% |
| ANET | Arista Networks, Inc. | USD 173.99 | ▼ 0.5% |
Data source: Nexqual — real-time market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: July 25, 2026 at 01:13 UTC. This page is informational and not investment advice.