Fortinet Inc [FTNT] stock prices are up 1.53% to $104.21 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FTNT shares have gain 10.43% over the last week, with a monthly amount glided 7.88%, and 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 23, 2025, when Roth Capital initiated its Neutral rating and assigned the stock a price target of $103. Previously, Stephens started tracking the stock with Equal-Weight rating on April 01, 2025, and set its price target to $108. Robert W. Baird downgraded its rating to a Neutral and raised its price target to $112 on February 03, 2025. Raymond James downgraded its rating to Mkt Perform for this stock on January 14, 2025. In a note dated January 06, 2025, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $100 to $120.
The stock price of Fortinet Inc [FTNT] has been fluctuating between $54.57 and $114.82 over the past year. Currently, Wall Street analysts expect the stock to reach $103.5 within the next 12 months. Fortinet Inc [NASDAQ: FTNT] shares were valued at $104.21 at the most recent close of the market. An investor can expect a potential drop of -0.68% based on the average FTNT price forecast.
Analyzing the FTNT fundamentals
The Fortinet Inc [NASDAQ:FTNT] reported sales of 5.96B for trailing twelve months, representing a surge of 17.31%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.67.
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 102.61 points at the first support level, and at 101.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 105.17, and for the 2nd resistance point, it is at 106.14.
Ratios To Look Out For
It’s worth pointing out that Fortinet Inc [NASDAQ:FTNT]’s Current Ratio is 1.47. In addition, the Quick Ratio stands at 1.39 and the Cash Ratio stands at 0.71. Considering the valuation of this stock, the price to sales ratio is 13.45, the price to book ratio is 53.51 and price to earnings (TTM) ratio is 46.11.
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.
