FortinetFTNT
FTNT
About: Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
Employees: 13,986
0
Funds holding %
of 7,290 funds
0
Analysts bullish %
of 15 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
274% more first-time investments, than exits
New positions opened: 232 | Existing positions closed: 62
33% more funds holding in top 10
Funds holding in top 10: 21 [Q3] → 28 (+7) [Q4]
25% more capital invested
Capital invested by funds: $39B [Q3] → $48.7B (+$9.71B) [Q4]
13% more funds holding
Funds holding: 1,103 [Q3] → 1,242 (+139) [Q4]
1.47% more ownership
Funds ownership: 65.49% [Q3] → 66.96% (+1.47%) [Q4]
8% more repeat investments, than reductions
Existing positions increased: 440 | Existing positions reduced: 407
18% less call options, than puts
Call options by funds: $679M | Put options by funds: $824M
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$78
26%
downside
Avg. target
$113
7%
upside
High target
$135
27%
upside
15 analyst ratings
5 positive
33%
9 neutral
60%
1 negative
7%
Susquehanna Shyam Patil 75% 1-year accuracy 36 / 48 met price target | 4%upside $110 | Neutral Maintained | 10 Feb 2025 |
RBC Capital Dan Bergstrom 38% 1-year accuracy 3 / 8 met price target | 8%upside $115 | Sector Perform Maintained | 7 Feb 2025 |
Cantor Fitzgerald Jonathan Ruykhaver 82% 1-year accuracy 9 / 11 met price target | 8%upside $115 | Neutral Maintained | 7 Feb 2025 |
Goldman Sachs Gabriela Borges 69% 1-year accuracy 20 / 29 met price target | 23%upside $130 | Buy Maintained | 7 Feb 2025 |
Scotiabank Patrick Colville 92% 1-year accuracy 36 / 39 met price target | 27%upside $135 | Sector Outperform Maintained | 7 Feb 2025 |
Financial journalist opinion
Based on 43 articles about FTNT published over the past 30 days
Positive
Zacks Investment Research
2 hours ago
5 Top-Ranked Stocks Poised for an Earnings Beat
Top-ranked stocks Tenet Healthcare (THC), Fortinet (FTNT), Lyft (LYFT), Garmin (GRMN) and Doximity (DOCS) are likely to beat on the bottom line in their upcoming releases.
Positive
The Motley Fool
4 days ago
3 Monster Stocks to Hold for the Next 10 Years
The best way to become wealthy and better prepare yourself for retirement is to invest in a portfolio of solid growth stocks. However, putting your money in such stocks is only the first step.
Neutral
Invezz
4 days ago
Top 2 ‘Magnificent Seven' alternatives to own in 2025
“Magnificent Seven” were the standout performers last year but a Piper Sandler analyst is not entirely convinced they're positioned for a repeat telecast in 2025. Other than Meta Platforms Inc, none of them has significantly outperformed the benchmark S&P 500 index year-to-date.
Positive
Schwab Network
4 days ago
The Big 3: FTNT, NXT, SYK
Dan Deming joins today's Big 3 to talk about three companies he believes may have fallen under the radar for investors. He talks about Fortinet's (FTNT) impact on cybersecurity, Nextracker's (NXT) role in solar and Stryker's (SYK) use of combining technology with health care.
Positive
Zacks Investment Research
6 days ago
4 Cybersecurity Stocks to Buy for Stronger Portfolio Security
Four cybersecurity stocks have strong growth potential in 2025. These are: CRWD, CYBR, PLTR, FTNT.
Neutral
GlobeNewsWire
6 days ago
Fortinet Evolves FortiAnalyzer into a Turnkey AI-Driven SecOps Platform for Resource-Constrained Security Teams
SUNNYVALE, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced significant enhancements to FortiAnalyzer, reinforcing its role in driving faster, smarter security operations (SecOps) all from a single, turnkey hybrid platform tailored for midsize enterprises and teams impacted by the cyber skills shortage.
Neutral
Zacks Investment Research
1 week ago
Buy 5 ROE Stocks as Markets Rise on Reciprocal Tariff Breather
ROST, LDOS, RJF, FTNT and PPC are some of the stocks with high ROE to profit from as fears of inflation and reciprocal tariffs take the backseat.
Positive
The Motley Fool
1 week ago
Is Fortinet Stock a Buy Now?
Fortinet (FTNT 1.51%) stock has been in scintillating form on the stock market over the past six months, rising a remarkable 55% as of this writing on the back of solid quarterly reports that point toward an improvement in the cybersecurity specialist's growth profile.
Positive
Zacks Investment Research
1 week ago
Fortinet (FTNT) Is Up 6.72% in One Week: What You Should Know
Does Fortinet (FTNT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Positive
Zacks Investment Research
1 week ago
Investors Heavily Search Fortinet, Inc. (FTNT): Here is What You Need to Know
Zacks.com users have recently been watching Fortinet (FTNT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Charts implemented using Lightweight Charts™