A share price of Fortinet Inc [FTNT] is currently trading at $108.69, up 2.36%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FTNT shares have gain 5.89% over the last week, with a monthly amount glided 21.52%, 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.
Fortinet Inc experienced fluctuations in its stock price throughout the past year between $54.57 and $114.82. Currently, Wall Street analysts expect the stock to reach $106.14 within the next 12 months. Fortinet Inc [NASDAQ: FTNT] shares were valued at $108.69 at the most recent close of the market. An investor can expect a potential drop of -2.35% based on the average FTNT price forecast.
Analyzing the FTNT fundamentals
Trailing Twelve Months sales for Fortinet Inc [NASDAQ:FTNT] were 5.96B which represents 17.31% growth. 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 105.66 points at the first support level, and at 102.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 110.53, and for the 2nd resistance point, it is at 112.36.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Fortinet Inc [NASDAQ:FTNT] is 1.47. As well, the Quick Ratio is 1.39, while the Cash Ratio is 0.71. Considering the valuation of this stock, the price to sales ratio is 14.03, the price to book ratio is 55.81 and price to earnings (TTM) ratio is 48.09.
Transactions by insiders
Recent insider trading involved Xie Michael, VP, ENGINEERING & CTO, that happened on May 02 ’25 when 3546.0 shares were sold. PRESIDENT & CEO, Xie Ken completed a deal on May 02 ’25 to sell 0.16 million shares. Meanwhile, Director MICHAEL XIE bought 3546.0 shares on May 02 ’25.
