Fortinet, Inc. (FTNT)
Technology · end-of-day data as of Oct 16, 2026
The average 12-month analyst price target for FTNT is $158.33, 6.4% below the last close of $169.13 on Oct 16, 2026; targets range from $94.37 to $208.05. Rating consensus: Hold.
Snapshot
- P/E59.6x
- P/E vs sector+78.3%
- P/E vs own+55.8%
- Target upside-6.4%
- ConsensusHold
- Market cap$124B
- FCF yield+2.5%
- Insiders-$36.24M
- Earnings in12d
- News
Why it moved
Fortinet, Inc. (FTNT) fell 7.0% on Oct 16, 2026.
The market (SPY) fell 1.1%; Technology stocks fell 3.2%. Most of the move is specific to FTNT.
3 stories on the day (30-day average 1.8).
- 3 Reasons Why Growth Investors Shouldn't Overlook Fortinet (FTNT)
- Fortinet, Inc. $FTNT Shares Newly Purchased by B. Riley Wealth Advisors Inc.
- As AI Supercharges Hackers, Cybersecurity Stocks Split Into Platforms and Point Solutions
Market = SPY. Sector = equal-weight average of the tracked companies in the same sector, net of the market.
Price and events
Last close $169.13 · +103.4% over 1y · E earnings · D dividend · S split · A analyst rating change
Technicals
- Trendbullish
- Sector▲ +1.1%
- MAs20▼ 50▼ 100▲ 200▲
- Above MAs2 of 4 above
- MA20×50—
- RSI41
- Support-1.3%
- Resistance—
- Off 52w high-13.2%
- Off ATH-13.2%
- 52w range$169.13
- Bollingerlower half
- MACD-1.78
- ATR+4.0%
- Volume1.7x
Analyst price targets
27 firms with a target in the last 12 months · last close $169.13 · as of Oct 16, 2026
Strong buy 1 · Buy 8 · Hold 31 · Sell 3 · Strong sell 2
Revenue and free cash flow
Q2 FY2026: Revenue +25.6% year over year, free cash flow 47.2% of revenue, operating margin 33.7%.
| Q2 FY2026 | Jun 30, 2026 | $2.05B | 0.82 | $966M | 80.2% | 33.7% | 29.6% |
| Q1 FY2026 | Mar 31, 2026 | $1.85B | 0.72 | $1.01B | 80.3% | 31.4% | 28.9% |
| Q4 FY2025 | Dec 31, 2025 | $1.91B | 0.68 | $577M | 79.6% | 32.8% | 26.6% |
| Q3 FY2025 | Sep 30, 2025 | $1.72B | 0.62 | $568M | 81.5% | 31.6% | 27.5% |
| Q2 FY2025 | Jun 30, 2025 | $1.63B | 0.57 | $284M | 81.5% | 28.0% | 27.0% |
| Q1 FY2025 | Mar 31, 2025 | $1.54B | 0.56 | $797M | 81.0% | 29.5% | 28.1% |
| Q4 FY2024 | Dec 31, 2024 | $1.66B | 0.68 | $380M | 81.1% | 34.6% | 31.7% |
| Q3 FY2024 | Sep 30, 2024 | $1.51B | 0.70 | $572M | 82.5% | 31.2% | 35.8% |
Peers
| 20D | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1 |  | $186.03 | -7.2% | -11.0% | +10.5% | 157.7 | $428B | |
| 2 |  | $128.23 | -4.6% | -58.5% | +91.9% | 20.1 | $388B | |
| 3 |  | $342.00 | -7.6% | -18.6% | +11.1% | 777.3 | $280B | |
| 4 |  | $227.39 | -7.0% | -18.5% | +8.2% | 6,478.3 | $233B | |
| 5 | | $169.13 | -7.0% | -13.2% | -6.4% | 59.6 | $124B | |
| 6 |  | $454.63 | -2.9% | -15.0% | +31.1% | 79.5 | $87.12B | |
| 7 |  | $77.89 | -2.4% | -8.2% | +23.1% | 139.1 | $46.77B | |
| 8 |  | $61.39 | -11.9% | -56.7% | +138.2% | — | $33.77B |
Data as of Oct 16, 2026 close.
Latest news
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