At the time of writing, Fortinet Inc [FTNT] stock is trading at $88.15, up 0.17%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FTNT shares have lost -8.81% over the last week, with a monthly amount drifted -8.22%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Fortinet Inc [NASDAQ: FTNT] stock has seen the most recent analyst activity on April 01, 2025, when Stephens initiated its Equal-Weight rating and assigned the stock a price target of $108. Robert W. Baird downgraded its rating to a Neutral and increased its price target to $112 on February 03, 2025. Raymond James downgraded its rating to a Mkt Perform. Piper Sandler upgraded its rating to Overweight for this stock on January 06, 2025, and upped its price target to $120. In a note dated December 19, 2024, KeyBanc Capital Markets upgraded an Overweight rating on this stock but restated the target price of $115.
For the past year, the stock price of Fortinet Inc fluctuated between $54.57 and $114.82. Currently, Wall Street analysts expect the stock to reach $97.56 within the next 12 months. Fortinet Inc [NASDAQ: FTNT] shares were valued at $88.15 at the most recent close of the market. An investor can expect a potential return of 10.67% based on the average FTNT price forecast.
Analyzing the FTNT fundamentals
According to Fortinet Inc [NASDAQ:FTNT], the company’s sales were 5.96B for trailing twelve months, which represents an 17.31% jump. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.35%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 2.73 and Total Capital is 0.32. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.67.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 86.01 points at the first support level, and at 83.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.11, and for the 2nd resistance point, it is at 94.06.
Ratios To Look Out For
It is important to note that Fortinet Inc [NASDAQ:FTNT] has a current ratio of 1.47. Further, the Quick Ratio stands at 1.39, while the Cash Ratio is 0.71. Considering the valuation of this stock, the price to sales ratio is 11.38, the price to book ratio is 45.26 and price to earnings (TTM) ratio is 39.00.
Transactions by insiders
Recent insider trading involved GOLDMAN KENNETH A, Director, that happened on Mar 12 ’25 when 2000.0 shares were sold. VP, ENGINEERING & CTO, Xie Michael completed a deal on Mar 11 ’25 to sell 0.33 million shares. Meanwhile, Director GOLDMAN KENNETH A sold 1000.0 shares on Mar 10 ’25.
