$79.64
+0.94 (+1.19%)
Last updated: Apr 16, 2026 00:43
Fundamentals Overview
Fortinet, Inc. is near the low of its 52-week range with premium valuation, trading relatively flat today.
Valuation premium
Intrinsic value (DCF)
+19.1% upside vs price
Profitability
Risk (Beta)
1 — 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):
DCF +19.1% upside vs price · Analyst grade: B
Pressures (Sell):
Sentiment weakening (5 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: 4, Equal Weight: 1, Hold: 3, Market Perform: 1, Mixed: 1, Neutral: 9, Outperform: 1, Sector Perform: 3, Underperform: 2, Underweight: 5.
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 $94.81; current price is $79.64. That’s a +19.1% 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) | 32.14 |
| DCF value (model) | $94.81 (19.1% upside) |
| PEG (TTM) | 5.18 |
| P/B (TTM) | 47.82 |
| P/S (TTM) | 8.71 |
| P/FCF (TTM) | 26.61 |
| Liquidity & enterprise | |
| Current Ratio (TTM) | 1.17 |
| Quick Ratio (TTM) | 1.09 |
| Cash Ratio (TTM) | 0.5 |
| Profitability | |
| ROE (TTM) | N/A |
| ROA (TTM) | N/A |
| Revenue growth (YoY) | N/A |
| Net margin (TTM) | 27.26% |
| Gross margin (TTM) | 80.84% |
| Operating margin (TTM) | 30.62% |
| 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 |
|---|---|---|---|---|
| Freedom Broker | downgrade | Buy | Hold | 2026-02-17 |
| Citigroup | maintain | Neutral | Neutral | 2026-02-09 |
| BMO Capital | maintain | Market Perform | Market Perform | 2026-02-09 |
| Rosenblatt | maintain | Buy | Buy | 2026-02-06 |
| Mizuho | maintain | Underperform | Underperform | 2026-02-06 |
| JP Morgan | maintain | Underweight | Underweight | 2026-02-06 |
| RBC Capital | maintain | Sector Perform | Sector Perform | 2026-02-06 |
| Wedbush | maintain | Outperform | Outperform | 2026-02-06 |
| Scotiabank | downgrade | Sector Outperform | Sector Perform | 2026-02-02 |
| JP Morgan | maintain | Underweight | Underweight | 2026-01-30 |
| Rosenblatt | upgrade | Neutral | Buy | 2026-01-29 |
| TD Cowen | upgrade | Hold | Buy | 2026-01-23 |
| Citigroup | maintain | Neutral | Neutral | 2026-01-13 |
| Piper Sandler | maintain | Neutral | Neutral | 2026-01-05 |
| Morgan Stanley | maintain | Underweight | Underweight | 2025-12-18 |
| JP Morgan | downgrade | Neutral | Underweight | 2025-12-17 |
| Freedom Broker | maintain | Buy | Buy | 2025-11-14 |
| Rosenblatt | maintain | Neutral | Neutral | 2025-11-06 |
| TD Cowen | maintain | Hold | Hold | 2025-11-06 |
| UBS | maintain | Neutral | Neutral | 2025-11-06 |
| Mizuho | maintain | Underperform | Underperform | 2025-11-06 |
| RBC Capital | maintain | Sector Perform | Sector Perform | 2025-11-06 |
| Jefferies | maintain | Hold | Hold | 2025-11-06 |
| Barclays | maintain | Equal Weight | Equal Weight | 2025-11-06 |
| Baird | maintain | Neutral | Neutral | 2025-11-06 |
| Piper Sandler | maintain | Neutral | Neutral | 2025-11-06 |
| JP Morgan | maintain | Neutral | Neutral | 2025-11-06 |
| BWG Global | downgrade | Positive | Mixed | 2025-10-20 |
| Morgan Stanley | downgrade | Equal Weight | Underweight | 2025-09-02 |
| Citigroup | maintain | Neutral | Neutral | 2025-08-18 |