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FTNT:NASDAQFortinet, Inc. Analysis

Data as of 2026-09-01 - not real-time

$161.85

Latest Price

5/10Risk

Risk Level: Medium

Executive Summary

Fortinet, Inc. trades at $161.85, with its short-term moving averages stacked above the longer-term ones — a bullish trend structure. Over a rolling month the price has gained 2.4%. With RSI at 52.1 the momentum picture is neutral, alongside a bullish MACD signal. The recent range runs from support at $148.25 up to resistance at $173.89.
Multiples put this in overvalued territory: 57.0 times earnings against the sector's 35.3. Revenue is growing at 25.6% on a 28.2% profit margin.
Risk comes out at 5 of a possible 10, a moderate reading. With 30-day volatility of 48.0%, a beta of 1.01 and a maximum drawdown of 14.3%, position sizing matters here. The wider market backdrop reads extreme greed at 92 on the fear-greed composite.
This one splits by horizon — buy in the near term, hold further out, at 2/10 long-term conviction.

Top Market Events

Fortinet, Inc. FTNT has given investors fresh reason to pay attention after raising its full-year 2026 guidance on the...Exceeds high end of second quarter guidance on revenue and profitability Raises 2026 revenue guidance to 19% year over...Yahoo Finance28dFortinet FTNT Is Up 8.8% After Raising 2026 Revenue Guidance And Launching New AI-Focused Firewall -...

Market Outlook

Short Term

< 1 year
Positive
Model confidence: 5/10

Key Factors

  • Short-term moving averages stacked above long-term ones
  • Trading above the 200-day average of 108.95
  • MACD momentum is positive

Medium Term

1–3 years
Neutral
Model confidence: 3/10

Key Factors

  • Short-term moving averages stacked above long-term ones
  • P/E of 57.0 versus sector average of 35.3
  • Trading above the 200-day average of 108.95

Long Term

> 3 years
Neutral
Model confidence: 2/10

Key Factors

  • P/E of 57.0 versus sector average of 35.3
  • Profit margin of 28.2% is healthy
  • Revenue growth of +25.6%

Key Metrics & Analysis

Financial Health

Revenue Growth25.60%
Profit Margin28.17%
P/E Ratio57.0
ROE117.44%
ROA14.17%
Debt/Equity36.19
P/B Ratio76.6
Op. Cash Flow$3.4B
Free Cash Flow$2.3B
Industry P/E35.3

Technical Analysis

TrendBullish
RSI52.1
Support$148.25
Resistance$173.89
MA 20$160.10
MA 50$158.30
MA 200$108.95
MACDBullish
VolumeStable
Fear & Greed Index92.25

Valuation

Fair Value$111.65
Target Price$160.86
Upside/Downside-0.61%
GradeOvervalued
TypeGrowth

Risk Assessment

Beta1.01
Volatility48.02%
Sector RiskHigh
Reg. RiskMedium
Geo RiskLow
Currency RiskLow
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.