FTNT
Fortinet (FTNT)
NASDAQ
$128.10+$4.53 (+3.67%)
Price as of Nov 11, 2026 7:38 PM EST
  • $90.8B
    Market Cap
  • 47.70%
    1-Year Change
  • Software - Infrastructure
    Industry

Key Performance

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  • Earnings Score: 69
  • Momentum Score: 86
  • True Yield: N/A
  • Financial Health Score: 100
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Latest Research & News

Accenture vs. Palo Alto Networks: Which Technology Stock Is a Better Buy in 2026?

The article compares Accenture and Palo Alto Networks as investment options for 2026. Accenture offers stability with an 11.3% net margin, strong balance sheet, and steady 6.5% revenue growth, while Palo Alto Networks delivers rapid 24.5% revenue growth in AI-powered cybersecurity but trades at a premium 82.9x forward P/E ratio. The analyst recommends Palo Alto Networks for its superior growth and profitability despite higher valuation.

11/10/2026, 3:50 PM • The Motley Fool

Fortinet: 3 Key Takeaways for Long-Term Investors

Fortinet raised its full-year 2026 billings guidance following strong Q3 earnings, driven by accelerating large enterprise deals (51% growth for deals over $1M), expanding SASE platform adoption (31% YoY growth), and surging operational technology billings (nearly 40% growth). The company is positioned to benefit from growing AI-driven cybersecurity threats and expects 2027 revenue growth to outpace its addressable market.

10/31/2026, 9:26 PM • The Motley Fool

Breakfast News: Week in Review

Alphabet's Google Cloud beat revenue expectations but stock fell 10% due to negative free cash flow and rising debt concerns. Microsoft maintained positive cash flow despite heavy AI spending. Meta is raising $60B through stock sales to fund AI infrastructure, with chip suppliers investing back. DoorDash agreed to acquire Instacart for $17B at 23x free cash flow. Fortinet's subscription growth slowed to 13%, causing a 25% stock drop. Mastercard continues outperforming with strong service revenue growth, while TransDigm faces valuation compression despite sales growth.

10/30/2026, 7:30 AM • The Motley Fool

3 Growth Stocks That Can Outperform Micron in 2027

While Micron has tripled this year, three smaller companies may offer higher upside potential in 2027. Penguin Solutions' CXL memory products address AI data center scaling needs with 158% segment growth. Sandisk's NAND flash memory is outgrowing Micron with a lower valuation and strong customer partnerships. Fortinet's cybersecurity platform is capitalizing on vulnerabilities created by AI adoption in enterprises.

10/30/2026, 5:40 AM • The Motley Fool

Industrial Control System (ICS) Security Market Surges to $38.48 billion at a CAGR 16.5% by 2031 | Report by MarketsandMarketsâ„¢

The global Industrial Control System (ICS) Security Market is projected to grow from USD 17.91 billion in 2026 to USD 38.48 billion by 2031, with a CAGR of 16.5%. Growth is driven by increasing cyberattacks, industrial digitization, expanding connectivity, and regulatory requirements. Professional services are expected to hold the largest market segment, while the oil and gas sector drives significant demand for ICS security solutions.

10/29/2026, 10:00 AM • GlobeNewswire

Breakfast News: Brace for an AI Optics Shake-up

Marvell is reportedly in advanced talks to acquire Lumentum to control AI optics supply, a critical bottleneck in AI infrastructure. Alphabet slumped 10% despite strong cloud growth due to massive capital expenditures and negative free cash flow. Several earnings reports showed mixed results: Fortinet fell 25% on weak guidance, ServiceNow dropped 19% due to AI deployment costs, while Microsoft, Sterling Infrastructure, and Chipotle posted gains. DoorDash may acquire Instacart to compete in grocery delivery dominated by Instacart's 68% market share.

10/29/2026, 7:30 AM • The Motley Fool

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

Peers

Statistics

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Day Range
$119.65
$124.83
$123.57
1-Year Range
$75.23
$194.75
$123.57
Latest Close$123.57
Change
+$1.10 (+0.89%)
Volume5,599,582
Market Cap$90.8B
Shares Outstanding734.7M
P/E (TTM)40.25
Diluted EPS (TTM)$3.07
Enterprise Value$87.5B

Information as of 11/10/2026

Company Profile

$90.8B
Market Cap
$2.3B
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
  • Joe Sarno

Current Ownership Distribution

  • Institutions9.2B (79.42%)
  • Mutual Funds2.3B (20.02%)
  • Insiders64.7M (0.56%)
  • Other0 (0.00%)