XNAS · Software - Infrastructure
Last stored close · Sep 18, 2026
Close · Sep 18, 2026
$169.84-1.59%
Model Target
available with Pro
Implied upside
vs the model target
Valuation methods
the methods behind the target
TickerWhale Score
69/100
Positive
Score components
TickerWhale View
Fortinet scores 69 out of 100 overall, which we rate positive. Technical is its strongest area and Valuation its weakest.
What helps
- Technical
- Quality & growth
- Risk
What to watch
- Valuation
Quality & growth
30%94Strong
- Revenue growth 18.8%
- EPS growth 13.2%
Valuation
25%17Weak
- P/E 59.3
- EV/Sales 16.4
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
#97 by market cap in our coverage · ~15,472 employees · Listed 2009-11-18 · www.fortinet.com
Price history
Intraday to five-year windows are free with an account
Members switch between 1D, 1M, 6M, 1Y, 2Y and 5Y and see the live price. Signed out, this is the one-year stored series the technicals below are computed from.
Market intelligence
Peer position
#19 / 207sector rank by TickerWhale Score
TickerWhale Score 69 vs sector average 53.5 (+15.5)
Revenue growth (industry)Top 55%
Gross margin (industry)Top 25%
Return on equity (industry)Top 5%
P/E (industry)Pricier than 60%
Technical analysis
our read · what classic indicators sayTickerWhale technical read
99/100Strong vs universe
Ranks 99th of 100 covered names on our technical composite — the composite itself scores 82/100 · 25% of the TickerWhale Score
Classic chart indicators
Buy
3 buy · 1 sell · 4 neutral of 8 votes
TickerWhale rates FTNT's technical setup strong — 99th percentile of the covered universe. Classic chart indicators lean buy, pointing the same way.
Moving averages
9 / 9constructive
- vs 200-day+49.1%
- vs 50-day+6.0%
Momentum
Mixed
- RSI (14)58 · neutral
- Stochasticsell
- CCIneutral
- Williams %Rneutral
Trend
Mixed
- ADX (14) trend strength18· weak trend
- MACD (12,26,9)buy(histogram 1.315)
How the classic verdict is reached
Moving averages (9) agree on buy — 9 buy vs 0 sell — and carry one vote between them.
Oscillators (7) vote individually: 2 buy · 1 sell · 4 neutral.
Result — 3 buy vs 1 sell of 8 votes = Buy. Neutral votes never decide the verdict.
Fundamentals & valuation
2026-09-18 · revised_latestValuation multiples
- P/E (TTM)59.3
- P/S (TTM)16.7
- P/B81.0
- EV/EBITDA—
- EV/Sales16.4
- PEG4.51
Profitability & returns
- Gross margin80.2%
- Net margin28.2%
- ROE166.9%
- Debt/Equity0.32
Growth
- Revenue growth (YoY)18.8%
- EPS growth (YoY)13.2%
Green favourable · red stretched — multiples and D/E vs industry peers, margins and growth vs absolute thresholds.
Market capitalisation — $125.7B
Fundamentals history
Reported statement totals across recent periods.
Fundamentals are stored revised/latest (ADR-009): each period reflects the most recent vendor refresh, NOT point-in-time as-reported values. Do not use this series to claim what was known on a past date.
Model Target
Model Target is a Pro feature
Scores, factors and technicals stay free. The model's price target is part of TickerWhale Pro.
The Model Target is a TickerWhale Pro feature
A target exists for this name — the model priced it in the latest nightly run. Pro members see the target, its range and the methods behind it; one name's target is free every trading day.
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Peers
| Company | Score | Pulse | P/E | P/E fwd | P/B | EV/Sales | Price | Chg | Estimate | Upside | Rev. gr. |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FTNTCurrentFortinet | 69 | 82 | 59.3 | — | 81.0 | 16.4 | $169.84 | -1.59% | +18.8% | ||
| MSFTMicrosoft | 79 | 67 | 27.5 | — | 8.3 | 11.1 | $493.78 | -0.80% | +17.8% | ||
| MUMicron Technology | 77 | 57 | 23.0 | — | 11.5 | 12.7 | $1,015.80 | +3.92% | +167.0% | ||
| NVDANVIDIA | 77 | 68 | 28.0 | — | 23.6 | 17.9 | $222.27 | +1.34% | +83.4% | ||
| NTNXNutanix Inc - | 76 | 73 | 13.6 | — | 29.1 | 7.4 | $69.80 | -0.24% | +12.4% | ||
| DUOLDuolingo Inc - | 75 | 50 | 17.3 | — | 5.0 | 5.2 | $141.90 | -3.54% | +29.4% |
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