Fortinet Inc [NASDAQ: FTNT] stock went on a downward path that fall over -2.92% on Wednesday, amounting to a one-week price decrease of less than -3.19%.
Over the last 12 months, FTNT stock rose by 7.65%. The one-year Fortinet Inc stock forecast points to a potential upside of 8.08. The average equity rating for FTNT stock is currently 2.39, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $77.85 billion, with 769.20 million shares outstanding and 636.09 million shares in the current float. Compared to the average trading volume of 4.58M shares, FTNT stock reached a trading volume of 5319354 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Fortinet Inc [FTNT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FTNT shares is $110.65 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FTNT stock is a recommendation set at 2.39. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BMO Capital Markets have made an estimate for Fortinet Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on May 08, 2025. The new note on the price target was released on May 06, 2025, representing the official price target for Fortinet Inc stock. Previously, the target price had yet another raise to $103, while Roth Capital analysts kept a Neutral rating on FTNT stock.
The Price to Book ratio for the last quarter was 39.86, with the Price to Cash per share for the same quarter was set at 6.25. Price to Free Cash Flow for FTNT in the course of the last twelve months was 37.65 with Quick ratio for the last quarter at 1.29.
FTNT Stock Performance Analysis:
Fortinet Inc [FTNT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.19. With this latest performance, FTNT shares dropped by -3.79% in over the last four-week period, additionally plugging by 1.88% over the last 6 months – not to mention a rise of 7.65% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FTNT stock in for the last two-week period is set at 43.63, with the RSI for the last a single of trading hit 3.00, and the three-weeks RSI is set at 3.01 for Fortinet Inc [FTNT]. The present Moving Average for the last 50 days of trading for this stock 103.52, while it was recorded at 104.19 for the last single week of trading, and 98.38 for the last 200 days.
Insight into Fortinet Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Fortinet Inc [FTNT] shares currently have an operating margin of 31.36% and a Gross Margin at 81.34%. Fortinet Inc’s Net Margin is presently recorded at 30.60%.
Fortinet Inc (FTNT) Capital Structure & Debt Analysis
According to recent financial data for Fortinet Inc. ( FTNT), the Return on Equity (ROE) stands at 205.91%, highlighting impressive shareholder gains. The Return on Assets (ROA) is 20.80%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Fortinet Inc’s Return on Invested Capital (ROIC) is 76.42%, showcasing its effectiveness in deploying capital for earnings.
Fortinet Inc (FTNT) Efficiency & Liquidity Metrics
Based on Fortinet Inc’s (FTNT) latest financial statements, the Debt-to-Equity Ratio is 0.51%, indicating its reliance on debt financing relative to shareholder equity.
Fortinet Inc (FTNT) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Fortinet Inc. (FTNT) effectively leverages its workforce, generating an average of $132974.96 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.36% and a Quick Ratio of 1.29%, indicating strong ability to cover short-term liabilities.
FTNT Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FTNT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fortinet Inc go to 10.21%.
Fortinet Inc [FTNT] Institutonal Ownership Details
There are presently around $71.84%, or 86.52% of FTNT stock, in the hands of institutional investors. The top three institutional holders of FTNT stocks are: VANGUARD GROUP INC with ownership of 66.87 million shares, which is approximately 8.7548%. BLACKROCK INC., holding 55.24 million shares of the stock with an approximate value of $$3.33 billion in FTNT stocks shares; and BLACKROCK INC., currently with $$1.75 billion in FTNT stock with ownership which is approximately 3.7955%.
