FTNT
Fortinet (FTNT)
NASDAQ
$174.43+$0.38 (+0.22%)
Price as of Oct 22, 2026 6:59 PM EDT
  • $127.7B
    Market Cap
  • 105.59%
    1-Year Change
  • Software - Infrastructure
    Industry

Key Performance

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  • Earnings Score: 62
  • Momentum Score: 87
  • True Yield: N/A
  • Financial Health Score: 100
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Latest Research & News

Cequence Security Appoints Russ Schafer as CMO Amid Record Quarter, Expanding Customer Base, and Surging AI Security Demand

Cequence Security appointed Russ Schafer, former EVP of Marketing at Fortinet, as Chief Marketing Officer. The appointment follows a record quarter and major customer wins including NTT DOCOMO. The company is expanding its AI security solutions to protect against AI agent threats, including new products like Agent Trust and AI Gateway. Cequence processes over 10 billion API calls daily and protects 4 billion user accounts.

10/22/2026, 9:00 AM • GlobeNewswire

Why Fortinet Stock Slumped on Wednesday

Fortinet stock fell 2.9% on Wednesday following reports that OpenAI is in preliminary talks to acquire Trail of Bits, a cybersecurity and security research company. The news sparked investor concerns that OpenAI may be entering the cybersecurity market as a potential competitor. However, analysts note investors may be getting ahead of themselves, drawing parallels to previous SaaS stock concerns that proved overblown.

10/14/2026, 12:42 PM • The Motley Fool

Better Buy: Fortinet or Palo Alto Networks?

The Motley Fool compares two cybersecurity companies, Fortinet and Palo Alto Networks, to determine which is the better investment. The article highlights that there is one big difference between these two companies currently, though the specific details of the comparison are not fully provided in the available text.

10/05/2026, 6:11 PM • The Motley Fool

Does the Proliferation of Agentic AI Make Fortinet Stock a No Brainer?

The article discusses how the increasing demand for agentic AI is driving growth in the cybersecurity sector. Fortinet is highlighted as a potential investment opportunity, with cybersecurity stocks performing well in 2026. The article compares Fortinet with Palo Alto Networks as investment options in this growing market.

10/05/2026, 6:09 PM • The Motley Fool

Fortinet to Announce Third Quarter 2026 Financial Results

Fortinet announced it will hold a conference call on October 28, 2026, at 1:30 p.m. Pacific Time to discuss its third quarter 2026 financial results. The call will be broadcast live on the company's investor relations website.

10/02/2026, 9:00 AM • GlobeNewswire

2 Cybersecurity Stocks That Will Rule 2027

Rising concerns about AI-related cybersecurity threats are driving increased spending on cybersecurity protection. CrowdStrike and Fortinet are positioned to capture significant market share in this growing sector, with both companies showing strong growth metrics and revenue expansion.

09/17/2026, 1:11 PM • The Motley Fool

SASE OpsLab Ltd Melantik Veteran Keselamatan, Siber Franck Burtin sebagai Ketua Pegawai Hasil untuk Menerajui Pengembangan Automasi SASE Global

SASE OpsLab Ltd, a software-driven SASE automation and orchestration platform company based in London, announced the appointment of Franck Burtin as Chief Revenue Officer. With over 30 years of IT and cybersecurity experience, Burtin will lead global commercial expansion, accelerate adoption of the OpsKit catalog, and drive sales strategy in major international markets. The appointment comes as enterprises transitioning to cloud-based SASE infrastructure face increasing operational complexity.

09/10/2026, 11:00 AM • GlobeNewswire

Criminal IP Appoints Reconn as Distributor for TI & ASM Across Middle East & Africa

Criminal IP, a cyber threat intelligence and attack surface management platform developed by AI SPERA, has appointed Reconn as its distributor for the Middle East and Africa region. The partnership aims to provide SOC teams, MSSPs, and security operations centers with threat intelligence capabilities including real-time IP intelligence, domain scanning, and dark web monitoring. Criminal IP operates in over 150 countries and has integrated with 40+ cybersecurity platforms.

09/01/2026, 10:00 AM • GlobeNewswire

Fortinet Launches Free High School Cybersecurity Curriculum to Build the Next Generation of Cyber Defenders

Fortinet announced the launch of a free, standards-aligned Technical High School Cybersecurity Curriculum available to U.S. secondary schools. The two-year program consists of foundational and advanced courses designed to build cybersecurity skills and prepare students for industry certifications and careers. Chicago Public Schools is among early districts piloting the curriculum.

08/31/2026, 9:00 AM • GlobeNewswire

A Deadline No One Can Negotiate Is Coming for the World's Encryption, and the Race to Get Ready Has Quietly Begun

Quantum computing threatens to break current encryption systems, prompting governments and standards bodies to mandate migration to post-quantum cryptography (PQC). Quantum Secure Encryption Corp. (QSE) announced a strategic partnership with Malaysia's Pos Digicert to help organizations assess and transition to quantum-safe systems. The partnership combines QSE's quantum-readiness technology suite with Pos Digicert's PKI and digital identity expertise to address the growing compliance obligations and multi-billion dollar market opportunity.

08/28/2026, 12:45 PM • GlobeNewswire

AI Deception Tools Market to Expand at 28.75% CAGR, Reaching USD 8.57 Billion by 2035 | SNS Insider

The global AI Deception Tools Market is projected to expand from $0.69 billion in 2025 to $8.57 billion by 2035, growing at a CAGR of 28.75%. North America leads the market, with the U.S. expected to grow from $0.20B to $2.45B. Cybersecurity dominates by application (48% share), while Machine Learning leads by technology. The market is driven by rising cyberattacks, increased adoption of AI-based threat detection, and growing demand across BFSI, government, and defense sectors.

08/28/2026, 8:00 AM • GlobeNewswire

SentinelOne Is Up 42% This Year and Reports Earnings on August 27. Should You Buy Before the Earnings Release?

SentinelOne's stock has risen 42% this year on the strength of its AI-native cybersecurity platform, but the article advises against buying before its August 27 earnings report. While the company offers competitive advantages through its Singularity platform and trades at a lower valuation than peers, it faces intense competition from larger players, has consistently missed revenue estimates, and remains unprofitable with no clear path to profitability.

08/23/2026, 1:20 PM • The Motley Fool

Intel's Foundry Grew 31% Last Quarter and Lost $2.1 Billion Doing It.

Intel Foundry achieved 31% revenue growth to $5.8 billion in Q2 2026, but posted a $2.1 billion operating loss. While the loss per revenue dollar improved significantly from 72 cents to 36 cents year-over-year, nearly 95% of foundry revenue still comes from Intel's internal operations rather than external customers. The unit aims for break-even in 2027, but the stock's valuation at 60x forward earnings assumes the foundry bet has already succeeded.

08/11/2026, 3:07 AM • The Motley Fool

Intel Just Secured a Huge Customer for Its Foundry Business

Intel announced Fortinet as its first named customer for its foundry business, a significant milestone for the division. While the foundry segment showed strong 31% revenue growth to $5.8 billion in Q2, it remains unprofitable with a $2.1 billion loss. However, analysts caution that Intel's 150% stock surge this year may have already priced in these gains, with the stock trading at a forward P/E multiple exceeding 100, presenting potential downside risk despite positive business momentum.

07/27/2026, 4:30 PM • The Motley Fool

Why Intel Stock Popped on Tuesday

Intel stock surged 8.4% on Tuesday following multiple positive developments: the company announced plans to lay off workers in its data center division to achieve over $10 billion in annual savings, partnered with Fortinet to develop a secure semiconductor chip using Intel's foundry services, and benefited from TSMC's announcement of price increases for contract manufacturing services, which strengthens Intel's competitive positioning in the AI chip market.

07/21/2026, 2:31 PM • The Motley Fool

Peers

Statistics

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Day Range
$166.22
$175.34
$174.05
1-Year Range
$75.23
$194.75
$174.05
Latest Close$174.05
Change
+$3.12 (+1.79%)
Volume3,085,298
Market Cap$127.7B
Shares Outstanding733.7M
P/E (TTM)61.39
Diluted EPS (TTM)$2.84
Enterprise Value$125.3B

Information as of 10/21/2026

Company Profile

$127.7B
Market Cap
$2.1B
Net Income
Sector: Technology
Industry: Software - Infrastructure
909 Kifer Road, Sunnyvale, CA, United States, 94086
408 235 7700

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Key Executives

  • Ken Xie
  • John Whittle
  • Christiane Ohlgart
  • Michael Xie
  • Carl Windsor

Current Ownership Distribution

  • Institutions9.1B (79.48%)
  • Mutual Funds2.3B (19.95%)
  • Insiders64.7M (0.56%)
  • Other0 (0.00%)