Fortinet Stock Performance
| FTNT Stock | USD 78.93 2.19 2.70% |
The firm shows a Beta (market volatility) of 0.73, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fortinet's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fortinet is expected to be smaller as well. At this point, Fortinet has a negative expected return of -0.023%. Please make sure to confirm Fortinet's total risk alpha, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Fortinet performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Fortinet has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Fortinet is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return (2.70) | Five Day Return (2.12) | Year To Date Return 1.35 | Ten Year Return 1.5 K | All Time Return 4.7 K |
Last Split Factor 5:1 | Last Split Date 2022-06-23 |
1 | Industry Comparison Evaluating Microsoft Against Competitors In Software Industry | 01/06/2026 |
2 | Will Fortinet Beat Estimates Again in Its Next Earnings Report | 01/13/2026 |
3 | Universal Beteiligungs und Servicegesellschaft mbH Decreases Stake in Fortinet, Inc. FTNT | 01/21/2026 |
4 | Fortinet Expands FortiCNAPP Cloud Risk Management with Network, Data, and Unified Risk Context | 01/27/2026 |
5 | Assessing Fortinet Valuation After Mixed Analyst Calls And New FortiCNAPP Cloud Security Update | 01/28/2026 |
6 | Flossbach Von Storch SE Invests 820,000 in Fortinet, Inc. FTNT | 01/29/2026 |
7 | Fortinet FortiCNAPP Upgrade Targets Cloud Risk And Long Term FTNT Value | 01/30/2026 |
8 | Disposition of 324285 shares by Michael Xie of Fortinet at 16.898 subject to Rule 16b-3 | 02/02/2026 |
9 | Acquisition by Ken Xie of 134880 shares of Fortinet at 16.898 subject to Rule 16b-3 | 02/04/2026 |
| Begin Period Cash Flow | 1.4 B | |
| Total Cashflows From Investing Activities | -727.4 M |
Fortinet Relative Risk vs. Return Landscape
If you would invest 8,179 in Fortinet on November 7, 2025 and sell it today you would lose (180.50) from holding Fortinet or give up 2.21% of portfolio value over 90 days. Fortinet is currently does not generate positive expected returns and assumes 1.6594% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of stocks are less volatile than Fortinet, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Fortinet Target Price Odds to finish over Current Price
The tendency of Fortinet Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 78.93 | 90 days | 78.93 | about 77.48 |
Based on a normal probability distribution, the odds of Fortinet to move above the current price in 90 days from now is about 77.48 (This Fortinet probability density function shows the probability of Fortinet Stock to fall within a particular range of prices over 90 days) .
Fortinet Price Density |
| Price |
Predictive Modules for Fortinet
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fortinet. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Fortinet Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fortinet is not an exception. The market had few large corrections towards the Fortinet's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Fortinet, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fortinet within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.73 | |
σ | Overall volatility | 2.61 | |
Ir | Information ratio | -0.09 |
Fortinet Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Fortinet for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fortinet can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fortinet generated a negative expected return over the last 90 days | |
| Fortinet is unlikely to experience financial distress in the next 2 years | |
| Fortinet has a strong financial position based on the latest SEC filings | |
| About 71.0% of the company shares are owned by institutional investors | |
| Latest headline from seekingalpha.com: Acquisition by Ken Xie of 134880 shares of Fortinet at 16.898 subject to Rule 16b-3 |
Fortinet Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Fortinet Stock often depends not only on the future outlook of the current and potential Fortinet's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Fortinet's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 771.9 M | |
| Cash And Short Term Investments | 4.1 B |
Fortinet Fundamentals Growth
Fortinet Stock prices reflect investors' perceptions of the future prospects and financial health of Fortinet, and Fortinet fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fortinet Stock performance.
| Return On Equity | 2.28 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 58.32 B | ||||
| Shares Outstanding | 743.65 M | ||||
| Price To Earning | 58.79 X | ||||
| Price To Book | 80.22 X | ||||
| Price To Sales | 9.48 X | ||||
| Revenue | 5.96 B | ||||
| Gross Profit | 5.3 B | ||||
| EBITDA | 2.2 B | ||||
| Net Income | 1.75 B | ||||
| Cash And Equivalents | 1.73 B | ||||
| Cash Per Share | 2.21 X | ||||
| Total Debt | 994.3 M | ||||
| Debt To Equity | 4.24 % | ||||
| Current Ratio | 1.07 X | ||||
| Book Value Per Share | 0.99 X | ||||
| Cash Flow From Operations | 2.26 B | ||||
| Earnings Per Share | 2.48 X | ||||
| Market Capitalization | 62.16 B | ||||
| Total Asset | 9.76 B | ||||
| Retained Earnings | (117.1 M) | ||||
| Working Capital | 1.91 B | ||||
| Current Asset | 1.27 B | ||||
| Current Liabilities | 678.67 M | ||||
About Fortinet Performance
Assessing Fortinet's fundamental ratios provides investors with valuable insights into Fortinet's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Fortinet is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 89.53 | 68.28 | |
| Return On Tangible Assets | 0.17 | 0.18 | |
| Return On Capital Employed | 0.28 | 0.30 | |
| Return On Assets | 0.16 | 0.17 | |
| Return On Equity | 1.34 | 1.41 |
Things to note about Fortinet performance evaluation
Checking the ongoing alerts about Fortinet for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Fortinet help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fortinet generated a negative expected return over the last 90 days | |
| Fortinet is unlikely to experience financial distress in the next 2 years | |
| Fortinet has a strong financial position based on the latest SEC filings | |
| About 71.0% of the company shares are owned by institutional investors | |
| Latest headline from seekingalpha.com: Acquisition by Ken Xie of 134880 shares of Fortinet at 16.898 subject to Rule 16b-3 |
- Analyzing Fortinet's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fortinet's stock is overvalued or undervalued compared to its peers.
- Examining Fortinet's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Fortinet's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fortinet's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Fortinet's stock. These opinions can provide insight into Fortinet's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Fortinet Stock Analysis
When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.