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: 14,138
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 13 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
289% more first-time investments, than exits
New positions opened: 241 | Existing positions closed: 62
33% more funds holding in top 10
Funds holding in top 10: 21 [Q3] → 28 (+7) [Q4]
26% more capital invested
Capital invested by funds: $38.8B [Q3] → $48.8B (+$10.1B) [Q4]
14% more funds holding
Funds holding: 1,102 [Q3] → 1,258 (+156) [Q4]
2.06% more ownership
Funds ownership: 65.01% [Q3] → 67.08% (+2.06%) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 446 | Existing positions reduced: 407
18% less call options, than puts
Call options by funds: $679M | Put options by funds: $824M
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$105
9%
upside
Avg. target
$117
21%
upside
High target
$135
40%
upside
13 analyst ratings
5 positive
38%
8 neutral
62%
0 negative
0%
Morgan Stanley Hamza Fodderwala 67% 1-year accuracy 20 / 30 met price target | 9%upside $105 | Overweight Maintained | 16 Apr 2025 |
Stephens & Co. Todd Weller 50% 1-year accuracy 2 / 4 met price target | 12%upside $108 | Equal-Weight Initiated | 1 Apr 2025 |
Jefferies Joseph Gallo 57% 1-year accuracy 12 / 21 met price target | 9%upside $105 | Hold Maintained | 31 Mar 2025 |
Susquehanna Shyam Patil 45% 1-year accuracy 21 / 47 met price target | 14%upside $110 | Neutral Maintained | 10 Feb 2025 |
RBC Capital Dan Bergstrom 29% 1-year accuracy 2 / 7 met price target | 20%upside $115 | Sector Perform Maintained | 7 Feb 2025 |
Financial journalist opinion
Based on 27 articles about FTNT published over the past 30 days
Neutral
The Motley Fool
8 hours ago
4 Top Cybersecurity Stocks to Buy in April
Amid the historic stock market turbulence at the start of 2025, the importance of cybersecurity hasn't wavered. Regardless of economic headwinds or policy shifts, an ongoing rise in online threats ranging from data breaches, phishing scams, and ransomware to attacks on digital infrastructure continues to be a priority for businesses to manage across all sectors.
Neutral
Zacks Investment Research
19 hours ago
Fortinet (FTNT) Ascends But Remains Behind Market: Some Facts to Note
Fortinet (FTNT) closed the most recent trading day at $96.13, moving +0.06% from the previous trading session.
Neutral
Business Wire
2 days ago
BCI Reaches Unprecedented Number of Fortinet Certifications and Specializations
RIDGELAND, Miss.--(BUSINESS WIRE)-- #BCI--BCI is thrilled to announce a groundbreaking achievement that highlights our commitment to excellence in cybersecurity. Our team has reached an impressive milestone, having achieved a significant level of expertise through extensive ongoing training and specialization. We are proud to announce that BCI now proudly employs four Fortinet Certified Experts (FCX), positioning us as the leading partner worldwide with the highest number of Fortinet certifications. B.
Neutral
GlobeNewsWire
2 days ago
Fortinet Releases its 2024 Sustainability Report
SUNNYVALE, Calif., April 16, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today released its 2024 Sustainability Report, outlining the company's approach, key commitments, and progress on the sustainability topics that matter most to the company and its stakeholders.
Positive
Zacks Investment Research
3 days ago
3 Cybersecurity Stocks to Buy Now for Long-Term Opportunities
Three cybersecurity stocks have long-term potentials. These are: FTNT, OKTA, CHKP.
Positive
Zacks Investment Research
3 days ago
Looking for Earnings Beat? Buy These 5 Top-Ranked Stocks
Top-ranked stocks Fox (FOXA), Roku (ROKU), Fortinet (FTNT), Okta (OKTA) and Affirm (AFRM) are likely to beat on the bottom line in their upcoming releases.
Neutral
The Motley Fool
6 days ago
Is Fortinet an Excellent Stock to Buy Amid the Stock Market Chaos?
Cybersecurity companies are unlikely to face severe negative impacts from increased tariffs.
Positive
Market Watch
6 days ago
Here are this week's 20 best performers as the S&P 500 rallied
Believe it or not, we just completed a good week for the U.S. stock market. The S&P 500 rose 5.7% through Friday's close from a week earlier, with three-quarters of component stocks showing gains.
Positive
The Motley Fool
1 week ago
Why CrowdStrike, Palo Alto Networks, and Fortinet Stocks Rallied This Week
Shares of cybersecurity leaders CrowdStrike Holdings (CRWD 0.92%), Palo Alto Networks (PANW -1.31%), and Fortinet (FTNT 0.51%) rallied 13%, 6%, and 13%, respectively, this week as of noon ET on Friday, according to data provided by S&P Global Market Intelligence.
Positive
Zacks Investment Research
1 week ago
Fortinet (FTNT) Upgraded to Buy: Here's Why
Fortinet (FTNT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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