$137.97
+8.27 (+6.38%)
Last updated: May 31, 2026 04:49
Fundamentals Overview
Fortinet, Inc. is near the high of its 52-week range with premium valuation, showing strong upward momentum today.
Valuation premium
Intrinsic value (DCF)
-30.1% downside vs price
Profitability
Risk (Beta)
0.92 — in line vol
Earnings & growth
BullzEye Analysis
Our composite tilts Hold on technicals (e.g. RSI, ADX, trend), fundamentals, sentiment, sector and index context, and risk.
Composite Signal
Supporting (Buy):
Analyst grade: B+ · 3M vs S&P 500: +69.2% · 3M vs Technology sector: +44.8%
Pressures (Sell):
DCF 30.1% downside vs price · Sentiment weakening (2 downgrades)
Not financial advice. For education and research only; do your own research and consider a financial advisor before investing.
Key Stats
About
Ratings & Grades at a Glance
Overall rating: B+. Recent institutional grades: majority downgrades. Current institutional positions: Buy: 6, Equal Weight: 2, Hold: 1, In Line: 1, Market Perform: 2, Neutral: 6, Outperform: 1, Sector Perform: 4, Underperform: 3, Underweight: 4.
Valuation & Ratios
Valuation, liquidity, and profitability metrics are consolidated here (including ratios that previously appeared in the Financials story). Trailing (TTM) vs forward-looking (e.g. DCF) is noted on each line where it matters.
DCF vs price: DCF estimate is $96.39; current price is $137.97. That’s a -30.1% gap. When the gap is large (e.g. >20%), that’s divergence; when they’re close, that’s convergence. Differences can reflect growth expectations, sector premiums, or conservative vs. optimistic assumptions. Use DCF as one input alongside technicals and sentiment.
| Metric | Value |
|---|---|
| Valuation | |
| P/E (TTM) | 52.43 |
| DCF value (model) | $96.39 (-30.1% vs price) |
| PEG (TTM) | 13.1 |
| P/B (TTM) | 102.99 |
| P/S (TTM) | 14.22 |
| P/FCF (TTM) | 41.5 |
| Liquidity & enterprise | |
| Current Ratio (TTM) | 1.15 |
| Quick Ratio (TTM) | 1.07 |
| Cash Ratio (TTM) | 0.48 |
| Profitability | |
| ROE (TTM) | N/A |
| ROA (TTM) | N/A |
| Revenue growth (YoY) | N/A |
| Net margin (TTM) | 27.49% |
| Gross margin (TTM) | 80.67% |
| Operating margin (TTM) | 31.06% |
| Debt to equity (TTM) | N/A |
Latest News
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Price Target, Ratings & Grades
Analyst price targets, consensus, rating snapshot, and institutional grades for FTNT.
Analyst Sentiment at a Glance
Stock Grades (Institutions)
| Institution | Action | Previous Grade | New Grade | Date |
|---|---|---|---|---|
| BTIG | maintain | Buy | Buy | 2026-05-26 |
| Barclays | maintain | Equal Weight | Equal Weight | 2026-05-08 |
| Susquehanna | maintain | Neutral | Neutral | 2026-05-08 |
| Citigroup | maintain | Neutral | Neutral | 2026-05-08 |
| Wells Fargo | maintain | Underweight | Underweight | 2026-05-07 |
| Stephens & Co. | maintain | Equal Weight | Equal Weight | 2026-05-07 |
| Truist Securities | maintain | Buy | Buy | 2026-05-07 |
| TD Cowen | maintain | Buy | Buy | 2026-05-07 |
| JP Morgan | maintain | Underweight | Underweight | 2026-05-07 |
| Rosenblatt | maintain | Buy | Buy | 2026-05-07 |
| BTIG | upgrade | Neutral | Buy | 2026-05-07 |
| Piper Sandler | maintain | Neutral | Neutral | 2026-05-07 |
| Mizuho | maintain | Underperform | Underperform | 2026-05-07 |
| UBS | maintain | Neutral | Neutral | 2026-05-07 |
| RBC Capital | maintain | Sector Perform | Sector Perform | 2026-05-07 |
| Scotiabank | maintain | Sector Perform | Sector Perform | 2026-05-07 |
| Evercore ISI Group | maintain | In Line | In Line | 2026-05-07 |
| BMO Capital | maintain | Market Perform | Market Perform | 2026-05-04 |
| Cantor Fitzgerald | maintain | Neutral | Neutral | 2026-04-21 |
| Mizuho | maintain | Underperform | Underperform | 2026-04-14 |
| Freedom Broker | downgrade | Buy | Hold | 2026-02-17 |
| BMO Capital | maintain | Market Perform | Market Perform | 2026-02-09 |
| Citigroup | maintain | Neutral | Neutral | 2026-02-09 |
| JP Morgan | maintain | Underweight | Underweight | 2026-02-06 |
| Rosenblatt | maintain | Buy | Buy | 2026-02-06 |
| Wedbush | maintain | Outperform | Outperform | 2026-02-06 |
| RBC Capital | maintain | Sector Perform | Sector Perform | 2026-02-06 |
| Mizuho | maintain | Underperform | Underperform | 2026-02-06 |
| Scotiabank | downgrade | Sector Outperform | Sector Perform | 2026-02-02 |
| JP Morgan | maintain | Underweight | Underweight | 2026-01-30 |