Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Fortinet (FTNT) stocks

Learn how to easily invest in Fortinet stocks.

Fortinet is a software-infrastructure business based in the US. Fortinet stocks (FTNT.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $53.845 – an increase of 0.57% over the previous week. Fortinet employs 12,091 staff and has a trailing 12-month revenue of around $4.1 billion.

How to buy Fortinet stock

  1. Open a stock trading account. Use our comparison table or choose from our Top Picks.
  2. Confirm your payment details. Fund your account with a bank transfer, debit card or credit card and take advantage of any signup bonuses.
  3. Search for the stock by name or ticker symbol – FTNT. It's that simple.

Best for Lowest Commissions

Finder Award

Interactive Brokers


  • Access to international stock exchanges
  • Low margin rates
  • Powerful research tools

Promoted for RRSP accounts

Scotia iTRADE


  • Earn between $50 - $2,000 cashback
  • Active trader discount
  • Access to advanced trading tools

Promoted for Beginners

CIBC Investor's Edge


  • Easy to use platform
  • Low fees
  • Student and young investor discounts

Fortinet stock price (NASDAQ:FTNT)

Use our graph to track the performance of FTNT stocks over time.

Fortinet shares at a glance

Information last updated 2023-02-01.
Latest market close$53.00
52-week range$42.61 - $71.52
50-day moving average $50.99
200-day moving average $54.19
Wall St. target price$64.17
PE ratio 58.1556
Dividend yield $0 (0%)
Earnings per share (TTM) $0.90

Compare stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 6 of 6
Name Product Finder Rating Stock Trading Fee Account Fee Available Asset Types Offer
Interactive Brokers
Finder Rating:
★★★★★
4.1 / 5
min $1.00, max 0.5%
$0
Stocks, Bonds, Options, ETFs, Currencies, Futures
OFFER
Scotia iTRADE
Finder Rating:
★★★★★
3.8 / 5
$4.99–$9.99
$0
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, IPOs
Get up to $2,000 cash and $6.99 stock and ETF commission pricing. Conditions apply.
OFFER
CIBC Investor's Edge
Finder Rating:
★★★★★
4 / 5
$4.95–$6.95
$0 if conditions met, or $100
Stocks, Bonds, Options, Mutual Funds, ETFs
Get 100 free online stock or ETF trades and up to $3,000 cash back. Conditions apply.
FREE TRADES
National Bank Direct Brokerage
Finder Rating:
★★★★★
4.1 / 5
$0
$0 if conditions met, or $100
Stocks, Bonds, Options, Mutual Funds, GICs
$0 commission on all transactions for Finder investors.
Questrade
Finder Rating:
★★★★★
4.2 / 5
$4.95 - $9.95
$0
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
Get $50 in free trades when you fund your account with a minimum of $1,000.
OFFER
Qtrade Direct Investing
Finder Rating:
★★★★★
4.1 / 5
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
Get up to $2,000 cashback + a $50 bonus on sign up. Use promo code CASHBONUS2023. Conditions apply. Ends March 1, 2023.
loading

Compare up to 4 providers

Is it a good time to buy Fortinet stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Fortinet price performance over time

Historical closes compared with the close of $53 from 2023-02-03

1 week (2023-01-27) 0.57%
1 month (2023-01-04) 9.73%
3 months (2022-11-04) 12.53%
6 months (2022-08-04) 0.74%
1 year (2022-02-04) -83.14%
2 years (2021-02-04) -66.24%
3 years (2020-02-04) 120.08
5 years (2018-02-02) 17.94%

Is Fortinet under- or over-valued?

Valuing Fortinet stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Fortinet's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Fortinet's P/E ratio

Fortinet's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 58x. In other words, Fortinet shares trade at around 58x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Fortinet's PEG ratio

Fortinet's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.9857. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Fortinet's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Fortinet's EBITDA

Fortinet's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $924.4 million.

The EBITDA is a measure of a Fortinet's overall financial performance and is widely used to measure a its profitability.

Fortinet financials

Revenue TTM $4.1 billion
Operating margin TTM 20.06%
Gross profit TTM $2.6 billion
Return on assets TTM 9.09%
Return on equity TTM 289.24%
Profit margin 18.12%
Book value $-0.81
Market capitalisation $40.9 billion

TTM: trailing 12 months

Fortinet's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Fortinet.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Fortinet's total ESG risk score

Total ESG risk: 22.91

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Fortinet's overall score of 22.91 (as at 01/01/2019) is pretty good – landing it in it in the 26th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Fortinet is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Fortinet's environmental score

Environmental score: 0.36/100

Fortinet's environmental score of 0.36 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Fortinet is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Fortinet's social score

Social score: 14.43/100

Fortinet's social score of 14.43 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Fortinet is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Fortinet's governance score

Governance score: 7.12/100

Fortinet's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Fortinet is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Fortinet's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Fortinet scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Fortinet has, for the most part, managed to keep its nose clean.

Fortinet share dividends

We're not expecting Fortinet to pay a dividend over the next 12 months.

Have Fortinet's shares ever split?

Fortinet's shares were split on a 5:1 basis on 23 June 2022. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Fortinet shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for Fortinet shares which in turn could have impacted Fortinet's share price.

Fortinet share price volatility

Over the last 12 months, Fortinet's shares have ranged in value from as little as $42.61 up to $71.516. A popular way to gauge a stock's volatility is its "beta".

FTNT.US volatility(beta: 1.14)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Fortinet's is 1.1423. This would suggest that Fortinet's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Fortinet overview

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries.

Frequently asked questions


Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site