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Fortinet Inc

FTNT
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172.980USD
-1.070-0.61%
Close 10-22 16:00(ET)
126.73BMarket Cap
66.42P/E TTM
After-hours 19:16 (ET)173.620USD+0.830+0.48%

Fortinet Inc (FTNT) Stock Analysis

Fortinet Inc's Score

Score
6.77/10
The current financial score of Fortinet Inc is 9.08. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 2.05B, representing a year-over-year increase of 25.64%, while its net profit experienced a year-over-year increase of 37.76%.
The current valuation score of Fortinet Inc is 7.39. Its current P/E ratio is 66.42, which is 12.59% below the recent high of 74.77 and 55.77% above the recent low of 29.38.
The current earnings forecast score of Fortinet Inc is 6.22. The average price target is 167.47, with a high of 225.00 and a low of 99.00.
The current price momentum score of Fortinet Inc is 3.82. Currently, the stock price is trading between the resistance level at 191.33 and the support level at 160.42, making it suitable for range-bound swing trading.
The current institutional shareholding score of Fortinet Inc is 7.00. The latest institutional shareholding proportion is 71.89%, representing a quarter-over-quarter decrease of 1.03%.
The current risk assessment score of Fortinet Inc is 6.87. The company's beta value is 1.05. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.

Fortinet Inc (FTNT) Techinical, Sentiment, SWOT Analysis

Analyst Rating

Based on 45 analysts
Current RatingHold
Target Price167.024
Upside Space-1.24%

Support & Resistance

Relevant data have not been disclosed by the company yet.

Industry at a Glance

Industry Ranking
93 / 471
Overall Ranking
124 / 4152
Industry
Software & IT Services

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Positive+

Fortinet Inc Highlights

StrengthsRisks
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 28.18% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 6.80B.
Overvalued
The company’s latest PE is 66.42, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 526.38M shares, decreasing 4.47% quarter-over-quarter.

FAQs

How does TradingKey generate the Stock Score of Fortinet Inc?

The TradingKey Stock Score provides a comprehensive assessment of Fortinet Inc based on 34 indicators derived from over 100 underlying data points.
These indicators are categorised into six key dimensions: financial health, company profile, earnings forecasts, price momentum, institutional confidence, and risk assessment, collectively providing investors with a thorough analysis of Fortinet Inc’s performance and outlook.

How do we generate the financial health score of Fortinet Inc?

To generate the financial health score of Fortinet Inc, we analyse various key financial indicators across several core dimensions, including financial fundamentals, earnings quality, operational efficiency, growth potential, and shareholder returns.
By integrating these comprehensive data, the financial health score not only reflects Fortinet Inc's overall stability, operational efficiency, and growth potential but also captures the investment returns delivered to shareholders. This score aims to support rational decision-making for investors and other stakeholders. A higher score indicates a better financial health of Fortinet Inc.

How do we generate the company valuation score of Fortinet Inc?

To generate the company valuation score of Fortinet Inc, we use several key financial ratios, including P/E, P/B, P/S, and P/CF. These metrics compare Fortinet Inc’s market value to its earnings, assets, sales, and cash flow, serving as core indicators for assessing company value.
By analysing these ratios in an all-round manner, the valuation score reflects not only the market’s current perception of Fortinet Inc’s value but also its future profitability and growth potential, thereby supporting more informed investment decisions. A higher score indicates a fairer valuation of Fortinet Inc.

How do we generate the earnings forecast score of Fortinet Inc?

To calculate the earnings forecast score of Fortinet Inc, we consider various key indicators such as analyst ratings, financial forecasts, support and resistance levels, and peer comparisons:
Current ratings and price targets directly reflect analysts’ expectations, while the upside space indicates their views on the stock’s growth potential.
Financial metrics like earnings per share (EPS), revenue, net income, and earnings before interest and taxes (EBIT) are core measures for assessing profitability.
By analysing the high, median, and low ranges of the target price, we can identify price trends and determine key support and resistance levels.
Comparing these indicators against peers provides context for the stock’s performance and helps anchor more realistic expectations.
These factors together form a comprehensive earnings forecast score that accurately reflects the stock’s expected financial performance and growth potential. A higher score suggests that analysts have a more optimistic outlook on Fortinet Inc’s future.

How do we generate the price momentum score of Fortinet Inc?

When generating the price momentum score for Fortinet Inc, we examine momentum indicators including support and resistance levels as well as volume metrics.
Support levels represent price points where buying interest is strong enough to prevent further declines, while resistance levels indicate prices where selling pressure may hinder upward movement. By analysing typical price volume alongside total volume, we assess overall market activity and liquidity. These indicators help identify price trends and potential shifts, enabling more accurate predictions of future earnings.
This comprehensive approach can reflect market sentiment and enable rational forecasts of Fortinet Inc’s prices. A higher score indicates a more stable short-term price trend for Fortinet Inc.

How do we generate the institutional confidence score of Fortinet Inc?

To generate the institutional confidence score of Fortinet Inc, we analyse both the proportion of shares held by institutions and the number of shares they own. A higher institutional ownership percentage indicates strong confidence of professional investors, which is generally a positive signal about Fortinet Inc’s potential. By examining the number of shares held, we gain deeper insight into institutions’ commitment and attitude toward the stock, as institutional investors typically conduct thorough analysis before making investment decisions. Understanding institutional confidence helps us refine earnings forecasts and provides a more reliable perspective on the company’s future performance and market stability. A higher score indicates greater institutional endorsement of Fortinet Inc.

How do we generate the risk management score of Fortinet Inc?

To assess the risk management score of Fortinet Inc, we examine multiple key indicators related to returns, risk, volatility, and liquidity.
The highest and lowest daily returns reflect the potential size of gains and losses, while the Sharpe ratio measures risk-adjusted return performance. On the risk side, we analyse maximum drawdown and the return-to-drawdown ratio to identify extreme loss scenarios. Skewness helps assess the distribution of returns and whether performance may be biased. Volatility indicators—such as realised volatility and standardised true range—reveal price fluctuations. Downside risk-adjusted returns provide insight into potential losses and gains. Lastly, liquidity metrics like average turnover rate and turnover deviation indicate how actively the stock is traded.
These indicators together provide a multi-dimensional understanding of Fortinet Inc’s risk-return profile, serving as core factors of the risk management score. A higher score indicates lower risk on the side of Fortinet Inc.
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