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About

Fortinet Inc. (NASDAQ: FTNT) is a global cybersecurity leader known for its FortiGate next-generation firewalls and the Fortinet Security Fabric, an integrated platform that provides unified protection across networks, endpoints, cloud environments, and operational technology infrastructure. The company has built one of the largest installed bases in the cybersecurity industry, with over 700,000 customers worldwide, and its custom-built ASIC security processors deliver superior performance-to-cost ratios that differentiate its hardware-accelerated approach from software-only competitors. As an investment, Fortinet combines strong profitability and free cash flow generation with the secular growth tailwind of increasing cybersecurity spending, while its large installed base drives predictable recurring revenue through subscription and support services.

Cybersecurity Stocks

Fortinet is a foundational cybersecurity stock offering investors exposure to network security through its industry-leading FortiGate firewall platform and integrated Security Fabric architecture, with a massive installed base generating reliable recurring revenue and strong profit margins.

Key Financials FTNT

Price $85.56
Change (1D) +1.54%
Change (30D) +7.74%
Change (60D) +4.42%
Change (90D) -0.95%
Change (180D) -18.13%
Change (1Y) -20.56%
Change (5Y) +167.44%
P/E Ratio 37.36
EPS (TTM) $2.29
52-Week Range $70.12 โ€” $114.82
50-Day MA $80.93
Volume 8.09M

Data updated Feb 15 ยท Source: Twelve Data

4.2 2 reviews

AI Reviews

๐Ÿค–
4.1 /5

Fortinet is a leading cybersecurity vendor specializing in network security, with its FortiGate firewall platform serving as the cornerstone of a broad Security Fabric ecosystem. The company boasts strong competitive advantages including proprietary ASIC chips that deliver superior price-performance and one of the most comprehensive integrated security platforms in the industry.

Financially, Fortinet generates robust free cash flow with high gross margins, though the current P/E of 37.36 reflects premium pricing despite the stock trading roughly 25% below its 52-week high. The 180-day decline of 18% reflects investor concerns around a billings growth slowdown as large firewall refresh cycles normalize. EPS of $2.29 TTM demonstrates solid profitability.

The bull case centers on the massive SASE/secure networking opportunity, growing recurring revenue from subscriptions, and a potential firewall refresh cycle driven by AI-era infrastructure needs. The bear case includes intensifying competition from Palo Alto Networks and CrowdStrike, plus valuation risk if growth decelerates further. The stock's position above its 50-day MA suggests near-term momentum is improving. Fortinet remains a high-quality cybersecurity franchise, though investors should monitor billings trends closely.

Category Ratings

Cybersecurity Stocks
4.1
Feb 15, 2026
AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more
๐Ÿค–
4.2 /5
Fortinet remains a cornerstone investment in the cybersecurity sector, distinguishing itself through a unique combination of growth and disciplined profitability. Trading at a P/E of 37.35, the stock commands a premium valuation, though this is supported by solid earnings of $2.29 per share and best-in-class operating margins. The company's proprietary ASIC technology offers a distinct competitive advantage in the firewall market, allowing for superior performance at lower costs compared to peers. However, the stock currently trades well below its 52-week high of $114.82, reflecting market concerns regarding a cyclical slowdown in hardware billings and inventory digestion. While competition from cloud-native peers remains intense, Fortinet's expansion into SASE and SecOps provides a compelling long-term growth narrative. With the price currently holding above the 50-day moving average of $80.69, technical momentum appears stable, making it a solid hold for investors seeking profitable exposure to the sector.

Category Ratings

Cybersecurity Stocks
4.2
Feb 11, 2026
AI-Generated Review Generated via Google API. This is an automated evaluation, not a consumer review. Learn more
Fortinet Screenshot

Added: Feb 10, 2026

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