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Forecast

The analysts' average price target is €146.03 (+19.65%). The median is €147.25 (+20.65%).

Buy
  29
Hold
  34
Sell
  6

  • Fortinet reports 20% revenue growth and high margins despite 20% stock slide

    In Q3/2026 Fortinet increased revenue by about 20% to $2.08 billion, billings rose 29% to $2.34 billion, and product revenue grew 37%. Adjusted operating margin was around 38%, net income was $636 million and free cash flow was $865 million; the buyback program was expanded by $1.2 billion. For 2026 the company expects revenue of $8.125–8.215 billion and billings of $9.568–9.718 billion. Strategically, Fortinet is doubling down on AI security (FortiGuard Inline AI) and expanded Unified-SASE offerings, while high expectations make the stock vulnerable to sharp price reactions. » More on finanzen.net


  • Fortinet results: revenue and EPS beat expectations, services weaker – stock plunge triggers sector reaction

    Fortinet reported third-quarter 2026 revenue of $2.08 billion and adjusted EPS of $0.91, both above expectations. Billings were $2.336 billion, slightly ahead of the forecast, while the services business missed estimates with $1.31 billion and its full-year outlook for that area was lowered. Product growth slowed markedly, prompting a sharp share drop that briefly put other cybersecurity stocks under pressure. Analysts view the sell-off as an overreaction, noting that AI-driven demand supports the industry’s long-term outlook. » More on deraktionaer.de


  • Fortinet as frontrunner for the next level of cybersecurity amid AI-driven risks

    Fortinet is portrayed as a leading provider for the upcoming phase of cybersecurity, in which AI may increasingly act autonomously and operate tools itself. Industry calls for slowed development, more extensive testing and independent security testers are gaining traction after incidents like the one at Hugging Face served as a warning. The debate over stronger controls and security mechanisms is likely to boost demand for specialized security solutions. » More on finanzen.net

Historical dividends Dividends

All dividend metrics All metrics
In 2022, Fortinet has already paid €0.26 in dividends. The last payout was in March 2022.

Financials

In the last quarter, Fortinet had revenue of €1.83B and net profit of €561.05M
(EUR) September 2026
YoY
Revenue 1.83B 24.84%
Gross profit 1.45B 20.89%
Net profit 561.05M 38.93%
EBITDA 703.98M 29.25%

Fundamentals

Metric Value
Market capitalization
€113.98B
Number of shares
733.71M
52-week high/low
€175.92 - €65.64
Dividends No
Beta
1.04
P/E ratio
56.15
PEG ratio
2.12
P/B ratio
56.89
P/S ratio
16.21

Company profile

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.

Name
Fortinet
CEO
Ken Xie
Headquarters Sunnyvale, ca
USA
Website
Sector
Information Technology
Industry
Software
IPO
11/18/2009
Employees 15,472

Ticker symbols

Exchange Symbol
NASDAQ
FTNT
London Stock Exchange
0IR9.L
Frankfurt
FO8.F
Düsseldorf
FO8.DU
London
0IR9.L
SIX
FO8.SW
München
FO8.MU
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