Fortinet Inc (NASDAQ:FTNT) currently has a daily average trading volume of 5.13M but it saw 2791155 shares traded in last market. With a market cap of 79.37B USD, the company’s current market price of $103.69 came falling about -0.70 while comparing to the previous closing price of $104.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $114.82 and as low as $54.57. In the recent trading on the day, stock has struck highest price mark of $103.521 while lowest mark touched by it was $105.79.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BMO Capital Markets which reiterated the stock as “Market Perform” in its note to investors issued on May 08, 2025, recommending a price target of between $122 and $110 for it. DZ Bank downgraded its recommendation for the stock as a “Sell” from “Hold” on May 06, 2025 while assigning a price target of $95. Roth Capital issued its recommendations for the stock as it initiated the price target for the stock is $103.
Over the week, FTNT’s stock price is moving 0.79% up while it is 0.51% when we observe its performance for the past one month. Year-to-date it is 77.07% up and over the past year, the stock is showing an upside performance of 9.75%.
Currently, Fortinet Inc’s total number of outstanding shares is 769.20M. Company’s return on investment (ROI) stands at 76.42% and return on equity (ROE) at 205.91%. It has a price to earnings ratio (P/E ratio) of 42.68 while having a 37.38 of forward P/E ratio. Stock’s beta reads 1.07. Stock has a price to book (P/B) ratio of 40.63 while price to sale or P/S ratio amounts to 12.92. Its return on asset (ROA) is 20.80% on average.
