About Fortinet, Inc.
Fortinet, Inc. (FTNT) has been publicly traded since 2009, making it a 17-year-old public company. It operates in the Software - Infrastructure industry within the Technology sector. The company is headquartered in Sunnyvale, United States and employs approximately 15,109 people. With a market capitalization of $62 billion, FTNT is a large established company.
Key Statistics
- Current Price
- $83.60
- Market Cap
- $62.16B
- 52-Week High
- $109.33
- 52-Week Low
- $70.12
- Sector
- Technology
- Industry
- Software - Infrastructure
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +5.26% | $79.41 | $83.59 |
| 2025 | -15.95% | $94.48 | $79.41 |
| 2024 | +61.42% | $58.53 | $94.48 |
| 2023 | +19.72% | $48.89 | $58.53 |
| 2022 | -31.98% | $71.88 | $48.89 |
| 2021 | +141.97% | $29.71 | $71.88 |
| 2020 | +39.13% | $21.35 | $29.71 |
| 2019 | +51.58% | $14.09 | $21.35 |
| 2018 | +61.20% | $8.74 | $14.09 |
| 2017 | +45.05% | $6.02 | $8.74 |
| 2016 | -3.37% | $6.23 | $6.02 |
| 2015 | +1.66% | $6.13 | $6.23 |
| 2014 | +60.27% | $3.83 | $6.13 |
| 2013 | -8.99% | $4.20 | $3.83 |
| 2012 | -3.62% | $4.36 | $4.20 |
| 2011 | +34.84% | $3.23 | $4.36 |
| 2010 | +84.12% | $1.76 | $3.23 |
Valuation
FTNT currently trades at a trailing P/E ratio of 34.5, which is considered high relative to the broader market. The forward P/E of 25.2 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 50.1. The price-to-sales ratio is 9.1.
Dividends
Fortinet, Inc. does not currently pay a dividend, choosing to reinvest earnings back into the business for growth.
Risk & Volatility
FTNT has a beta of 1.04, indicating it is slightly more volatile than the overall market. The stock's 52-week range is $70.12 to $109.33, and it currently trades in the lower half of its 52-week range.
Analyst Ratings
Based on 34 analyst opinions, FTNT has a consensus "hold" rating. The average price target of $89.06 suggests 6.7% upside from current levels.
Frequently Asked Questions
What does Fortinet, Inc. do? ▼
Fortinet, Inc. is a Software - Infrastructure company operating in the Technology sector. The company is headquartered in Sunnyvale, United States.
What sector is FTNT in? ▼
FTNT operates in the Technology sector, specifically in the Software - Infrastructure industry.
When did FTNT go public? ▼
Fortinet, Inc. went public in 2009, making it a 17-year-old public company as of 2026.
How much would $1,000 invested in FTNT 5 years ago be worth today? ▼
A $1,000 investment in FTNT five years ago would be worth approximately $2,378 today, representing a 137.8% return.
Does FTNT pay dividends? ▼
No, Fortinet, Inc. does not currently pay a dividend. The company reinvests its earnings into growth.
What is FTNT's market cap? ▼
Fortinet, Inc. has a market capitalization of $62 billion, classifying it as a large-cap company.
What is FTNT's P/E ratio? ▼
FTNT has a trailing P/E ratio of 34.5 and a forward P/E of 25.2, which measures how much investors are paying per dollar of earnings.
Is FTNT a buy, hold, or sell? ▼
Based on 34 opinions, FTNT has a consensus "hold" rating. The average price target is $89.06.
Last updated: 3/14/2026