Fortinet Inc. logo

Fortinet Inc. share price today

(FTNT)

Fortinet Inc. share price is $98.19 & ₹8,316.59

$98.19

2.9

(3.04%)

Market is closed - opens 8 PM, 05 Dec 2024

View live Fortinet Inc. share price in Dollar and Rupees. Guide to invest in Fortinet Inc. from India. Also see the sentimental analysis on Indian investors investing in Fortinet Inc.. Get details on the Indian mutual funds that are investing in Fortinet Inc.. Get Analyst recommendations and forecasts along with all the Fortinet Inc.'s financials.

Fortinet Inc. share price movements

  • $96.15
    $98.48

    Day's Volatility :2.37%

  • $50.65
    $100.59

    52 Weeks Volatility :49.65%

Fortinet Inc. Returns

PeriodFortinet Inc.Sector (Technology)Index (NASDAQ Composite)
3 Months
25.75%
12.7%
13.7%
6 Months
59.53%
9.3%
13.3%
1 Year
83.91%
27.9%
36.9%
3 Years
63.2%
42.9%
29.1%

Fortinet Inc. Key Statistics

in dollars & INR

Market Capitalization
$72.2B
Revenue TTM
$5.7B
EBITDA
$1.7B
Earnings Per Share (EPS)
$1.94
PE Ratio
47.36
Profit Margin
26.79%
Quarterly Earnings Growth YOY
0.71%
Return On Equity TTM
31.15%

How to invest in Fortinet Inc. from India?

It is very easy for Indian residents to invest directly in Fortinet Inc. from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Fortinet Inc. stock in both rupees (INR) and dollars (USD). Search for Fortinet Inc. or FTNT on INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Fortinet Inc. or Rupee/ Dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Fortinet Inc. shares which would translate to 0.009 fractional shares of Fortinet Inc. as of today. Learn more about fractional investing here.

Indians via INDmoney can now also, easily transfer and add their money to the US stocks account via INDmoney App. Click here for step by step process for the same

Indian investors sentiment towards Fortinet Inc.

25.21%

Period: Sep 5, 2024 to Dec 4, 2024. Change in 30 Days versus previous period

Investment in Fortinet Inc. from India has grown in the last 30 days as on Dec 5, 2024. 25.21% more purchase transactions for Fortinet Inc. in the last 30 days versus the previous period.

72%

Period: Sep 5, 2024 to Dec 4, 2024. Change in 30 Days versus previous period

Search volume for Fortinet Inc. on INDmoney from India has grown in the last 30 days as on Dec 5, 2024. 72% more investors are searching Fortinet Inc. in the last 30 days versus the previous period.

Indian Mutual Funds that own Fortinet Inc.

Global Institutional Holdings in Fortinet Inc.

  • Vanguard Group Inc

    8.80%

  • BlackRock Inc

    7.21%

  • T. Rowe Price Associates, Inc.

    3.79%

  • State Street Corp

    3.46%

  • Bank of New York Mellon Corp

    2.34%

  • Morgan Stanley - Brokerage Accounts

    2.27%

Analyst Recommendation on Fortinet Inc.

Hold

    44%Buy

    52%Hold

    4%Sell

Based on 50 Wall street analysts offering stock ratings for Fortinet Inc.(by analysts ranked 0 to 5 stars)

Based on 50 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
22
20
21
Hold
26
27
27
Sell
2
2
0

Analyst Forecast on Fortinet Inc.

What analysts predicted

Downside of 8.04%

Current:

$98.19

Target:

$90.29

Insights on Fortinet Inc.

  • Increasing Revenue

    Fortinet Inc. has shown positive revenue growth over the last three quarters. The company's revenue increased from $1.35 billion to $1.50 billion, representing an average growth of 5.3% each quarter.
  • Increasing Net Profit

    Fortinet Inc. has shown strong profit performance over the last three quarters. The net profit increased from $299.3 million to $539.9 million, with an average growth rate of 25.4% each quarter.
  • Vs PLTR

    In the last 1 year, Palantir Technologies Inc has given 262.8% return, outperforming this stock by 181.3%
  • Vs PLTR

    In the last 3 years, Palantir Technologies Inc has given 249.8% return, outperforming this stock by 192.4%

Fortinet Inc. Financials in INR & Dollars

FY18Y/Y Change
Revenue
$1.8B
↑ 20.49%
Net Income
$332.2M
↑ 958.0%
Net Profit Margin
18.44%
↑ 16.34%
FY19Y/Y Change
Revenue
$2.2B
↑ 19.71%
Net Income
$326.5M
↓ 1.72%
Net Profit Margin
15.14%
↓ 3.3%
FY20Y/Y Change
Revenue
$2.6B
↑ 20.32%
Net Income
$488.5M
↑ 49.62%
Net Profit Margin
18.83%
↑ 3.69%
FY21Y/Y Change
Revenue
$3.3B
↑ 28.82%
Net Income
$606.8M
↑ 24.22%
Net Profit Margin
18.16%
↓ 0.67%
FY22Y/Y Change
Revenue
$4.4B
↑ 32.17%
Net Income
$857.3M
↑ 41.28%
Net Profit Margin
19.41%
↑ 1.25%
FY23Y/Y Change
Revenue
$5.3B
↑ 20.09%
Net Income
$1.1B
↑ 33.89%
Net Profit Margin
21.64%
↑ 2.23%
Q2 FY23Q/Q Change
Revenue
$1.3B
↑ 2.42%
Net Income
$266.3M
↑ 7.51%
Net Profit Margin
20.6%
↑ 0.98%
Q3 FY23Q/Q Change
Revenue
$1.3B
↑ 3.23%
Net Income
$322.9M
↑ 21.25%
Net Profit Margin
24.19%
↑ 3.59%
Q4 FY23Q/Q Change
Revenue
$1.4B
↑ 6.03%
Net Income
$310.9M
↓ 3.72%
Net Profit Margin
21.97%
↓ 2.22%
Q1 FY24Q/Q Change
Revenue
$1.4B
↓ 4.37%
Net Income
$299.3M
↓ 3.73%
Net Profit Margin
22.12%
↑ 0.15%
Q2 FY24Q/Q Change
Revenue
$1.4B
↑ 5.99%
Net Income
$379.8M
↑ 26.9%
Net Profit Margin
26.48%
↑ 4.36%
Q3 FY24Q/Q Change
Revenue
$1.5B
↑ 5.15%
Net Income
$539.9M
↑ 42.15%
Net Profit Margin
35.8%
↑ 9.32%
FY18Y/Y Change
Total Assets
$3.1B
↑ 36.32%
Total Liabilities
$2.1B
↑ 23.93%
FY19Y/Y Change
Total Assets
$3.9B
↑ 26.23%
Total Liabilities
$2.6B
↑ 23.98%
FY20Y/Y Change
Total Assets
$4.0B
↑ 4.09%
Total Liabilities
$3.2B
↑ 24.38%
FY21Y/Y Change
Total Assets
$5.9B
↑ 46.35%
Total Liabilities
$5.1B
↑ 60.6%
FY22Y/Y Change
Total Assets
$6.2B
↑ 5.22%
Total Liabilities
$6.5B
↑ 27.12%
FY23Y/Y Change
Total Assets
$7.3B
↑ 16.55%
Total Liabilities
$7.7B
↑ 18.63%
Q2 FY23Q/Q Change
Total Assets
$7.5B
↑ 9.57%
Total Liabilities
$7.2B
↑ 5.04%
Q3 FY23Q/Q Change
Total Assets
$7.5B
↓ 0.09%
Total Liabilities
$7.4B
↑ 3.35%
Q4 FY23Q/Q Change
Total Assets
$7.3B
↓ 2.95%
Total Liabilities
$7.7B
↑ 4.28%
Q1 FY24Q/Q Change
Total Assets
$7.7B
↑ 5.55%
Total Liabilities
$7.8B
↑ 1.0%
Q2 FY24Q/Q Change
Total Assets
$8.1B
↑ 5.1%
Total Liabilities
$7.8B
↓ 0.45%
Q3 FY24Q/Q Change
Total Assets
$8.9B
↑ 9.92%
Total Liabilities
$7.9B
↑ 2.31%
FY18Y/Y Change
Operating Cash Flow
$638.9M
↑ 7.49%
Investing Cash Flow
$-134.9M
↑ 75.64%
Financing Cash Flow
$-202.6M
↓ 51.25%
FY19Y/Y Change
Operating Cash Flow
$808.0M
↑ 26.47%
Investing Cash Flow
$-502.3M
↑ 272.35%
Financing Cash Flow
$-195.6M
↓ 3.46%
FY20Y/Y Change
Operating Cash Flow
$1.1B
↑ 34.12%
Investing Cash Flow
$-72.8M
↓ 85.51%
Financing Cash Flow
$-1.2B
↑ 498.98%
FY21Y/Y Change
Operating Cash Flow
$1.5B
↑ 38.39%
Investing Cash Flow
$-1.3B
↑ 1720.19%
Financing Cash Flow
$82.8M
↓ 107.07%
FY22Y/Y Change
Operating Cash Flow
$1.7B
↑ 15.4%
Investing Cash Flow
$763.9M
↓ 157.65%
Financing Cash Flow
$-2.1B
↓ 2672.83%
Q2 FY23Q/Q Change
Operating Cash Flow
$515.1M
↓ 23.97%
Investing Cash Flow
$-424.1M
↑ 900.24%
Financing Cash Flow
$-17.7M
↑ 29.2%
Q3 FY23Q/Q Change
Operating Cash Flow
$551.2M
↑ 7.01%
Investing Cash Flow
$-111.2M
↓ 73.78%
Financing Cash Flow
$-628.9M
↑ 3453.11%

Fortinet Inc. Technicals Summary

Sell

Neutral

Buy

Fortinet Inc. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Fortinet Inc. Vs Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Fortinet Inc.
22.33%
59.53%
83.91%
63.2%
358.93%
Microsoft Corporation
5.51%
1.52%
16.86%
32.13%
184.74%
Palantir Technologies Inc
29.85%
179.07%
287.57%
253.14%
598.84%
Palo Alto Networks, Inc.
6.52%
31.85%
35.85%
133.53%
418.25%
Adobe Systems Inc.
6.12%
12.68%
-13.35%
-17.01%
68.12%
Oracle Corp.
5.61%
46.89%
61.93%
103.97%
227.99%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Fortinet Inc.
47.36
47.36
1.64
2.25
0.31
0.12
NA
1.19
Microsoft Corporation
34.97
34.97
2.24
11.8
0.36
0.15
0.01
38.69
Palantir Technologies Inc
335.4
335.4
3.0
0.38
0.12
0.05
NA
1.98
Palo Alto Networks, Inc.
50.24
50.24
2.79
5.57
0.75
0.03
NA
15.9
Adobe Systems Inc.
43.5
43.5
1.66
18.27
0.35
0.16
NA
32.69
Oracle Corp.
47.64
47.64
1.95
5.59
1.56
0.07
0.01
3.9
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Fortinet Inc.
Hold
$72.2B
358.93%
47.36
26.79%
Microsoft Corporation
Buy
$3.1T
184.74%
34.97
35.61%
Palantir Technologies Inc
Hold
$150.5B
598.84%
335.4
18.01%
Palo Alto Networks, Inc.
Buy
$127.2B
418.25%
50.24
32.11%
Adobe Systems Inc.
Buy
$226.1B
68.12%
43.5
25.59%
Oracle Corp.
Buy
$512.2B
227.99%
47.64
20.4%

About Fortinet Inc.

Fortinet, Inc. was founded in 2000 and is located in Sunnyvale, California. It delivers comprehensive, integrated, and automated cybersecurity solutions across the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Enterprises, communication service providers, government entities, and small businesses are among Fortinet’s clients who have adopted its cyber security solutions. The following are some of the company's business products: FortiGate is a company that sells security and networking hardware and software licences. It Provides secure switching solutions for clients’ end devices. It specialises in providing secure wireless networking solutions. FortiManager, a central and scalable management solution; FortiExtender, a hardware appliance; FortiAnalyzer, a centralized network logging and reporting solution; and FortiExtender, a hardware appliance. Web application firewall solutions are provided by the FortiWeb product family. FortiMail, FortiSandbox, FortiClient, FortiToken, FortiAuthenticator, and FortiEDR/XDR are some of its other products. Fortinet was able to raise $90 million in capital four years after its founding. It went public five years later, raising an additional $156 million. The stock of Fortinet, Inc. is listed on the NASDAQ under the symbol FTNT. Since its founding, Fortinet has acquired over ten firms, including organisations from various nations. XDN, an app hosting service provider, and Coyote Point Systems, a manufacturer of computer systems equipment, were two notable purchases. FTNT announced the acquisition of Meru Networks in 2015, and the transaction was finalized at $44 million. This was the largest acquisition ever made by the company since its inception. Microsoft's Commercial Marketing Partner of the Year award was given to Fortinet Inc. in 2020. In the same year, the company ranked 16th on Fortune's list of the 100 fastest-growing companies. Currently Fortinet Inc. has a market cap of $58.34 Billion. It has a P.E ratio of 44.44. The shares of Fortinet Inc. are trading at $95.32. .
Organization
Fortinet Inc.
Employees
13986
CEO
Mr. Ken Xie
Industry
Electronic Technology

Important FAQs about investing in Fortinet Inc. from India :

What is Fortinet Inc. share price today?

Fortinet Inc. (FTNT) share price today is $98.19.

Can Indians buy Fortinet Inc. shares?

Yes, Indians can invest in the Fortinet Inc. (FTNT) from India.

With INDmoney, you can buy Fortinet Inc. at 0 brokerage. The step-by-step process is as follows:

  • Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
  • Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
  • Once funds are transferred successfully, you can buy Fortinet Inc. at zero transaction cost.

How can I buy Fortinet Inc. shares from India?

It is very easy to buy Fortinet Inc. from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Fortinet Inc. be purchased?

Yes, you can buy fractional shares of Fortinet Inc. with INDmoney app.

What are the documents required to start investing in Fortinet Inc. stocks?

To start investing in Fortinet Inc., You will need the following documents:

  • Proof of Identification (PAN, Aadhaar etc)
  • Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.

What are today’s High and Low prices of Fortinet Inc.

Today’s highest price of Fortinet Inc. (FTNT) is $98.48.

Today’s lowest price of Fortinet Inc. (FTNT) is $96.15.

What is today's market capitalisation of Fortinet Inc.

Today's market capitalisation of Fortinet Inc. FTNT is 72.2B

What is the 52 Week High and Low Range of Fortinet Inc.

  • 52 Week High

    $100.59

  • 52 Week Low

    $50.65

How much percentage Fortinet Inc. is down from its 52 Week High?

Fortinet Inc. (FTNT) share price is $98.19. It is down by 99% from its 52 Week High price of $100.59.

How much percentage Fortinet Inc. is up from its 52 Week low?

Fortinet Inc. (FTNT) share price is $98.19. It is up by 1% from its 52 Week Low price of $50.65.

What are the historical returns of Fortinet Inc.?

  • 1 Month Returns

    22.33%

  • 3 Months Returns

    59.53%

  • 1 Year Returns

    83.91%

  • 5 Years Returns

    358.93%

Who is the Chief Executive Officer (CEO) of Fortinet Inc.

Mr. Ken Xie is the current Chief Executive Officer (CEO) of Fortinet Inc..