Fortinet Inc (FTNT) concluded trading on Thursday at a closing price of $102.04, with 4.73 million shares of worth about $482.7 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.99% during that period and on May 29, 2025 the price saw a loss of about -2.36%. Currently the company’s common shares owned by public are about 769.20M shares, out of which, 635.50M shares are available for trading.
Stock saw a price change of -0.78% in past 5 days and over the past one month there was a price change of -2.08%. Year-to-date (YTD), FTNT shares are showing a performance of 8.00% which increased to 66.32% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $54.57 but also hit the highest price of $114.82 during that period. The average intraday trading volume for Fortinet Inc shares is 5.14 million. The stock is currently trading -1.70% below its 20-day simple moving average (SMA20), while that difference is up 2.22% for SMA50 and it goes to 10.21% higher than SMA200.
Fortinet Inc (NASDAQ: FTNT) currently have 769.20M outstanding shares and institutions hold larger chunk of about 69.35% of that.
The stock has a current market capitalization of $78.10B and its 3Y-monthly beta is at 1.08. PE ratio of stock for trailing 12 months is 42.00, while it has posted earnings per share of $2.43 in the same period. Its PEG reads 4.22 and has Quick Ratio of 1.29 while making debt-to-equity ratio of 0.51. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FTNT, volatility over the week remained 1.60% while standing at 2.70% over the month.
Stock’s fiscal year EPS is expected to rise by 4.28% while it is estimated to increase by 12.07% in next year. EPS is likely to shrink at an annualized rate of 9.96% for next 5-years, compared to annual growth of 42.92% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on May 08, 2025 offering a Market perform rating for the stock and assigned a target price range of between $122 and $110 to it. Coverage by DZ Bank stated Fortinet Inc (FTNT) stock as a Sell in their note to investors on May 06, 2025, suggesting a price target of $95 for the stock. On April 23, 2025, Roth Capital Initiated their recommendations, while on April 01, 2025, Stephens Initiated their ratings for the stock with a price target of $108. Stock get an Overweight rating from Morgan Stanley on March 18, 2025.
