NASDAQ
172.58USD
+0.81 (+0.47%)
We have scored 99 news catalysts on Fortinet, Inc. (FTNT) over the past 12 months. The biggest single-day move next to one of them came May 7, 2026, when FTNT closed +20.0%: “US stocks open higher: Dow jumps 0.4%, Nasdaq edges higher”. Coverage across the window leans positive (average ticker sentiment +0.09). Most of the impact sits in price momentum and sector technology.
Dots are scored news catalysts — size = impact, color = sentiment. Tap one to read it.
Market cap
127.1B
P/E
—
EPS
—
Beta
1.06
52W range
73.55-176.1
Day range
167.77–176.10
Open
170.20
Prev close
171.77
Volume
4.5M
Avg volume
5.6M
Dividend
0.00
IPO
2009-11-18
Analysts publish price targets on FTNT, and they disagree. Where the share price actually sits among them shows which of their arguments the market is buying — and which it is ignoring.
29 analyst price targets from $102 to $203
as of 2026-09-11
The market is within 4% of the median target — broadly agreeing with the analysts.
The reconstruction
Daily OHLCV with SMA overlays and session pivots. Draw your levels and trendlines on it, or ask the AI analyst what the price is reacting to.
Suppliers, customers, partners and competitors, derived from what the news actually says about Fortinet, Inc. — not a sector bucket. Click an edge to see the articles that established the link.
Suppliers, customers, partners and competitors of Fortinet, Inc., taken from what the news actually said about them rather than from a sector bucket. The count is how many articles established each link.
Latest scored catalyst for FTNT: .
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Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized security tools. These range from FortiSwitch for secure network switching and FortiAP for robust wireless connectivity, to FortiExtender, a versatile hardware appliance. For centralized network visibility and control, clients utilize FortiAnalyzer for logging, analysis, and reporting, and FortiManager for scalable administration of FortiGate devices. The company further fortifies digital defenses with FortiWeb (web application firewalls), FortiMail (secure email gateways), and FortiSandbox technology, which offers proactive threat detection and mitigation. Endpoint protection is a key focus, delivered through FortiClient (featuring pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall) and the advanced FortiEDR/XDR suite, which leverages machine learning for anti-malware execution and real-time post-infection defense. Additionally, FortiToken and FortiAuthenticator product families provide essential multi-factor authentication to safeguard systems and data. Fortinet's service offerings include security subscriptions, technical support, professional consulting, and training programs. Its robust security technologies are distributed both directly to end-users and through an extensive network of channel partners. The company serves a wide array of sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare. Headquartered in Sunnyvale, California, Fortinet, Inc. was established in 2000 and maintains a strategic alliance with Linksys.
The price sits within 4% of the median analyst target, meaning it broadly endorses the middle of the published set and explicitly rejects both the bull case up to $203 and the bear case down to $102.
What the disagreement turns on
Whether the current firewall refresh cycle can sustain the 18.1% revenue growth the price requires for a decade, or whether it is a temporary spike; unit volume data can measure the revenue trajectory, but it cannot definitively prove long-term durability.
The price pays for
It declines to pay for
Written by a language model from the published models, the reported segments and a reverse-DCF — not a recommendation, and not a house view.
Claim by claim
Computed at $159 on 2026-09-11 — the quote has since moved +9%, so read this as a record of what was priced in then, not now.
