FTNT Fortinet, Inc.
Nasdaq · Information Technology · Computer Peripheral Equipment, NEC · Market cap $134.1B · $180.95 on 2026-10-02
Above StickerTier BDetailed (TTM)
Price moves
1 week4%
1 month16%
3 months16%
6 months119%
YTD128%
1 year111%
Off 52w high-1%
52w range$74–$183
Price history
Show year-end values
| Year | Price |
|---|---|
| 2016 | $6.02 |
| 2017 | $8.74 |
| 2018 | $14.09 |
| 2019 | $21.35 |
| 2020 | $29.71 |
| 2021 | $71.88 |
| 2022 | $48.89 |
| 2023 | $58.53 |
| 2024 | $94.48 |
| 2025 | $79.41 |
| 2026-10-02 (latest) | $180.95 |
Ten Cap
$42
$42
Buy (MOS)
$42
$42
Payback Time
$66
$66
Sticker
$85
$85
Price
$181
$181
Analyst consensus 36 analysts · as of 2026-10-09 · the street vs Rule #1
Both cautious Targets $104 low · $164 mean · $220 high (-9% to the mean)
Above Sticker, and the street is cautious too.
Low
$104
$104
Mean
$164
$164
High
$220
$220
Buy (MOS)
$42
$42
Sticker
$85
$85
Price
$181
$181
Average rating 2.8 of 5 (1 = strong buy, 5 = sell) · hold · EPS growth next year 10% vs windage 15.0%
- 2026-10-08 Amerx initiated Overweight, target $240
A price target is a 12-month price opinion, not a valuation. Rule #1 treats analysts as a lead and their growth as a ceiling (077, 093). Source: Yahoo Finance consensus.
Valuation
| Buy (MOS) 50% of Sticker | $42.45 | -77% |
|---|---|---|
| Ten Cap 10× owner earnings − net debt | $42.05 | -77% |
| Payback Time 8-year FCF payback | $66.38 | -63% |
| Sticker Rule #1 intrinsic value | $84.90 | -53% |
| Methods agree price under how many of Ten Cap, Payback, MOS | 0 of 3 | |
| Windage growth g | 15.0% | |
| Future P/E (min 2g, 10y median) | 30.0× | |
| P/E · 10y median | 63.9× | 49.4× |
| EPS TTM 2026-06-30 | $2.83 | |
| FCF yield | 2.3% | |
| Dividend (TTM) · yield | – | – |
| Total return per year, dividends reinvested · 5y · 10y | 24.9% | 40.9% |
| Revenue · net income last FY | $6.8B | $1.9B |
Big Five 11/15 tests ≥10%
| 10y | 5y | 1y | |
|---|---|---|---|
| ROIC | 65% | 107% | 97% |
| Sales growth | 21% | 21% | 14% |
| EPS growth | 73% | 33% | 7% |
| BVPS growth | 7% | 10% | -16% |
| OCF growth | 25% | 19% | 15% |
| Debt payoff (yrs of FCF) | 0.2 |
Events
next report ~2026-10-29
Next report ≈ 2026-10-29 · SEC filings ·Yahoo Finance