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Fortinet Inc
NASDAQ:FTNT
$97.81
Open 96.65 Prev Close 96.42
High 97.83 Low 96.32
Volume 1,764,854 Volume (Avg) 4,590
52 Week High 100.59 52 Week Low 54.57
Market Cap 75B PE Ratio 49.30

General

NameFortinet Inc
TickerFTNT
ExchangeNASDAQ
SectorTechnology
IndustrySoftware - Infrastructure
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees13,986

About Fortinet Inc

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products. The company also provides the Fortinet Unified SASE solutions that include firewall, SD-WAN, Secure web gateway, cloud access services broker, data loss prevention, zero trust network access, and cloud security, including web application firewalls, virtualized firewalls, and cloud-native firewalls. In addition, it offers security operations solutions comprising FortiAI generative AI assistant, FortiSIEM security information and event management, FortiSOAR security orchestration, automation and response, FortiEDR endpoint detection and response, FortiXDR extended detection and response, FortiMDR managed detection and response service, FortiNDR network detection and response, FortiRecon digital risk protection, FortiDeceptor deception technology, FortiGuard SoCaaS, FortiSandbox sandboxing, FortiGuard incident response, and other products. Further, the company offers FortiGuard security services consisting of FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training services to customers and channel partners, as well as operates a FortiGuard Lab, a cybersecurity threat intelligence and research organization. It serves enterprise, communication and security service providers, government organizations, and small and medium-sized businesses. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.

Highlights

Analyst Target99.03
Market Cap74,966,700,000
PE Ratio49.30
PEG Ratio1.69
EBITDA1,727,900,032

Valuation

Trailing PE49.15
Forward PE39.68
Price/Sales (Trailing 12 Mt.)13.13
Price/Book (Most Recent Quarter)82.55

Technicals

Beta1.00
52 Week High100.59
52 Week Low54.57
50 Day Average8.29%
200 Day Average35.04%

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