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Fortinet Inc FTNT Stock Quote

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Last close prices updated as of Jan 27, 2023, 3:45 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 53.21
  • Sector Technology
  • Industry Software - Infrastructure
  • Investment Style Large Growth
  • Day Range 51.71  –  53.06
  • Year Range 42.61  –  71.52
  • Market Cap 41.3743 Bil
  • Volume / Avg 3.3 Mil /  5.3 Mil
  • Price / Sales 10.60
  • Price / Book 231.83
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis FTNT

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Economic Moat


Capital Allocation


Wide-Moat Fortinet Is at the Forefront of the Convergence of Networking and Security

Business Strategy and Outlook

| Malik Ahmed Khan |

We see Fortinet at the forefront of the convergence of networking and security. We believe the firm stands to materially benefit as secular tailwinds in network security and vendor consolidation increase Fortinet’s value proposition to its clients. In our view, the firm’s established customer switching costs, buttressed by its increasingly potent network effect, will allow Fortinet to continuously gain and expand the number of clients and has already enabled it to build a wide economic moat around its business.

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Key Statistics FTNT

Company Profile FTNT

Business Description

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 500,000 customers across the world.

899 Kifer Road
Sunnyvale, CA, 94086
Industry Software - Infrastructure
Employees 12,091

Related Articles FTNT

FAQs for Fortinet Inc Stock

No. FTNT does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

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FTNT’s market cap is 41.37 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

FTNT’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

FTNT’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare FTNT’s historical performance against its industry peers and the overall market.