1.61%
6.10%
28.18%
75.53%
51.30%
69.77%
326.40%
AI Spotlight on FTNT
Company Description
Fortinet, Inc.provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration.
The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products.It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection.It provides security subscription, technical support, professional, and training services.
It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries.It has strategic alliance with Linksys.Fortinet, Inc.
was incorporated in 2000 and is headquartered in Sunnyvale, California.
Market Data
| Last Price | 100.93 |
| Change Percentage | 1.61% |
| Open | 100.41 |
| Previous Close | 99.33 |
| Market Cap ( Millions) | 77358 |
| Volume | 4115356 |
| Year High | 102.17 |
| Year Low | 54.57 |
| M A 50 | 95.86 |
| M A 200 | 75.45 |
Financial Ratios
| FCF Yield | 2.15% |
| Dividend Yield | 0.00% |
| ROE | 1027.81% |
| Debt / Equity | 109.44% |
| Net Debt / EBIDTA | -79.15% |
| Price To Book | 85.03 |
| Price Earnings Ratio | 50.47 |
| Price To FCF | 46.49 |
| Price To sales | 13.55 |
| EV / EBITDA | 40.15 |
News
- Jan -29 - Fortinet (FTNT) Declines More Than Market: Some Information for Investors
- Jan -27 - Fortinet Stock Soars 69% in 6 Months: Is it a Good Time to Invest?
- Jan -23 - Fortinet: Solid Growth, Strong Margins, And A Clear Path Forward
- Jan -22 - Why Fortinet (FTNT) Outpaced the Stock Market Today
- Jan -21 - Cybersecurity's Outlook & TikTok's "Double-Edged Sword"
- Jan -19 - Prediction: 1 Stock That Will Be Worth More Than Palo Alto Networks 1 Year From Now
- Jan -13 - Fortinet (FTNT) Stock Drops Despite Market Gains: Important Facts to Note
- Jan -13 - Fortinet Partners With Steelers: Time to Add This Security Leader?
- Jan -10 - AI Leader Hits Highs As Data Centers Seek Fortresslike Security Against Breaches
- Jan -08 - 2 Breakout Growth Stocks You Can Buy and Hold for the Next Decade
- Jan -02 - Analysts' Favorite Cybersecurity Stocks: 3 Top Picks
- Jan -02 - Fortinet to Announce Fourth Quarter and Full Year 2024 Financial Results
- Dec -30 - 5 High ROE Stocks to Buy With Markets Likely to Wrap Up on a High
- Dec -28 - S&P 500 Winners Fortinet, Boston Scientific Lead 5 Stocks Near Buy Points
- Dec -27 - Big Money Locking Up Fortinet Shares
- Dec -24 - Fortinet (FTNT) Beats Stock Market Upswing: What Investors Need to Know
- Dec -24 - 5 Momentum Stocks Investors Can Add to Boost Portfolio Returns in 2025
- Dec -19 - Fortinet (FTNT) Rises As Market Takes a Dip: Key Facts
- Dec -19 - Firewall Leader Soars 60% Wearing Two AI Hats; Strong Sales Outlook Gives Boost
- Dec -19 - Fortinet: Solid Growth But Overvalued After Recent Run
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Network Security Appliance
Expected Growth : 12 %
What the company do ?
Fortinet's Network Security Appliance is a comprehensive security solution that integrates firewall, VPN, antivirus, and intrusion prevention to protect networks from cyber threats.
Why we expect these perspectives ?
Fortinet's Network Security Appliance growth is driven by increasing cyber threats, digital transformation, and cloud adoption. Rising demand for secure SD-WAN, NGFW, and UTM solutions, as well as growing need for threat intelligence and incident response, contribute to the 12% growth. Additionally, Fortinet's strong channel partnerships, expanding product portfolio, and increasing adoption in emerging markets further fuel growth.
Segment n°2 -> Security Subscription
Expected Growth : 16 %
What the company do ?
Fortinet's Security Subscription provides real-time threat intelligence, antivirus, and IPS updates, ensuring FortiGate appliances stay protected against emerging threats.
Why we expect these perspectives ?
Fortinet's Security Subscription growth is driven by increasing demand for cloud-based security solutions, expansion into new markets, and growing adoption of its SD-WAN offerings. Additionally, the rise of remote work and digital transformation initiatives have fueled the need for robust security measures, contributing to the 16% growth.
Segment n°3 -> Technical Support and Other
Expected Growth : 10 %
What the company do ?
Technical Support and Other from Fortinet, Inc. provides assistance and services for Fortinet's cybersecurity products, including maintenance, troubleshooting, and training.
Why we expect these perspectives ?
Fortinet's Technical Support and Other segment growth is driven by increasing demand for cybersecurity services, expansion of existing customer relationships, and growing adoption of FortiCare and FortiGuard services. Additionally, the company's strategic partnerships and investments in emerging technologies such as cloud security and SD-WAN contribute to this 10% growth.
Fortinet, Inc. Products
| Product Range | What is it ? |
|---|---|
| FortiGate | A series of network security appliances that provide firewall, VPN, antivirus, and intrusion prevention capabilities. |
| FortiWeb | A web application firewall that protects web applications from attacks and data breaches. |
| FortiMail | An email security solution that protects against spam, phishing, and malware. |
| FortiClient | An endpoint security solution that provides antivirus, VPN, and vulnerability management capabilities. |
| FortiSandbox | An advanced threat protection solution that detects and prevents unknown threats. |
| FortiAnalyzer | A log analytics and reporting solution that provides visibility and insights into network security. |
| FortiManager | A network security management solution that provides centralized management and automation. |
Fortinet, Inc.'s Porter Forces
Threat Of Substitutes
Fortinet's products and services are highly specialized, making it difficult for substitutes to emerge. However, the increasing adoption of cloud-based security solutions poses a moderate threat.
Bargaining Power Of Customers
Fortinet's customers are largely enterprises and governments, which have limited bargaining power due to their dependence on Fortinet's security solutions.
Bargaining Power Of Suppliers
Fortinet has a diversified supply chain, and its suppliers have limited bargaining power due to the company's strong market position.
Threat Of New Entrants
The network security market has high barriers to entry, including significant R&D investments and regulatory hurdles, making it difficult for new entrants to compete with Fortinet.
Intensity Of Rivalry
The network security market is highly competitive, with established players like Cisco, Juniper, and Palo Alto competing fiercely with Fortinet for market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 182.41% |
| Debt Cost | 3.95% |
| Equity Weight | -82.41% |
| Equity Cost | 9.37% |
| WACC | -0.53% |
| Leverage | -221.34% |
Fortinet, Inc. : Quality Control
Fortinet, Inc. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ZS | Zscaler, Inc. operates as a cloud security company worldwide. The company provides Zscaler Internet Access solution that provides users, servers, operational technology, Internet of Things device secure access to externally … |
| ORCL | Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud … |
| PLTR | Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company provides palantir gotham, a software … |
| ADBE | Adobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and … |
| CRWD | CrowdStrike Holdings, Inc. provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Fortinet
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Oracle
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Adobe
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Palantir
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CrowdStrike
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