Fortinet Inc
General ticker "FTNT" information:
- Sector: Information Technology
- Industry: Software
- Capitalization: $60.3B (TTM average)
Fortinet Inc follows the US Stock Market performance with the rate: 65.6%.
Estimated limits based on current volatility of 3.1%: low 94.93$, high 100.95$
Factors to consider:
- Company included in S&P500 list
- US accounted for 29.8% of revenue in the fiscal year ended 2024-12-31
- Price in estimated range
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [83.58$, 128.00$]
- 2025-12-31 to 2026-12-31 estimated range: [86.04$, 131.32$]
Financial Metrics affecting the FTNT estimates:
- Positive: Non-GAAP EPS, $ of 2.37 > 2.19
- Negative: Shareholder equity ratio, % of 15.30 <= 22.52
- Negative: Industry earnings per price (median), % of 1.17 <= 3.66
- Positive: Operating profit margin, % of 30.26 > 18.46
- Negative: Industry operating cash flow per share per price (median), % of 1.92 <= 2.82
- Negative: negative Industry operating income (median)
- Negative: Operating cash flow per share per price, % of 3.05 <= 7.09
Short-term FTNT quotes
Long-term FTNT plot with estimates
Financial data
YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
---|---|---|---|
Operating Revenue | $4,422.00MM | $5,309.40MM | $5,960.40MM |
Operating Expenses | $3,452.40MM | $4,068.30MM | $4,157.00MM |
Operating Income | $969.60MM | $1,241.10MM | $1,803.40MM |
Non-Operating Income | $-14.10MM | $92.60MM | $255.10MM |
Interest Expense | $18.00MM | $21.00MM | $20.00MM |
R&D Expense | $512.40MM | $613.80MM | $716.80MM |
Income(Loss) | $955.50MM | $1,333.70MM | $2,058.50MM |
Taxes | $30.80MM | $143.80MM | $283.90MM |
Other Income(Loss) | $-68.10MM | $-42.10MM | $-29.40MM |
Profit(Loss)* | $857.30MM | $1,105.70MM | $1,715.80MM |
Stockholders Equity | $-281.60MM | $-463.40MM | $1,493.80MM |
Inventory | $264.60MM | $484.80MM | $315.50MM |
Assets | $6,228.00MM | $7,258.90MM | $9,763.10MM |
Operating Cash Flow | $1,730.60MM | $1,935.50MM | $2,258.10MM |
Capital expenditure | $281.20MM | $204.10MM | $378.90MM |
Investing Cash Flow | $763.90MM | $-649.30MM | $-727.40MM |
Financing Cash Flow | $-2,130.30MM | $-1,570.40MM | $-50.10MM |
Earnings Per Share** | $1.08 | $1.42 | $2.24 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.