Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
FTNT
Strong BuyPremium GrowerFLAGFortinet, Inc. · Technology · United States · $121.8B · Avg Vol: $785M/d
Fortinet has strong quality Q79 and momentum M74 with a buyback on file, but value at V22 is below the calibrated floor, so stage one fails. Insider selling is separately adverse.
COMPANY DESCRIPTION
Fortinet, Inc. is a global provider of high-performance cybersecurity solutions, offering an integrated platform encompassing firewalls, endpoint security, and secure access products, most notably its FortiGate network security platform. The company's competitive edge lies in its proprietary Security Fabric architecture, which delivers comprehensive, high-performance protection and simplified management across diverse IT environments. Fortinet holds a strong market position as a leader in network security appliances for enterprise clients.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.4B | 5.3B | 6.0B | 6.8B | 15.5% | 7.5B | 8.1B | 9.0B | 15.3% |
| EPS | 1.08 | 1.47 | 2.28 | 2.45 | 31.4% | 2.83 | 3.06 | 3.35 | 16.9% |
| Shares | 781.5M | 761.0M | 767.0M | 743.0M | -4.9% | 733.7M | — | — | — |
| Debt | 990.4M | 992.3M | 994.3M | 996.3M | 0.2% | 561.4M | — | — | — |
| Equity | -281.6M | -463.4M | 1.5B | 1.2B | -17.2% | — | — | — | — |
| Op CF | 1.7B | 1.9B | 2.3B | 2.6B | 14.4% | 3.4B | — | — | — |
| Inv CF | 763.9M | -649.3M | -727.4M | -599.1M | — | — | — | — | — |
| Fin CF | -2.1B | -1.6B | -50.1M | -2.4B | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of FTNT are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| FTNT | Fortinet, Inc.(you) | $121.8B | 81 | Strong Buy |
| XYZ | Block, Inc. | $50.2B | 76 | Buy |
| PLTR | Palantir Technologies Inc. | $447.7B | 78 | Buy |
| TWLO | Twilio Inc. | $36.5B | 76 | Buy |
| OKTA | Okta, Inc. | $29.1B | 77 | Buy |
| VRSN | VeriSign, Inc. | $26.4B | 85 | Strong Buy |
| CPAY | Corpay, Inc. | $26.8B | 76 | Buy |
| NTAP | NetApp, Inc. | $36.7B | 94 | Strong Buy |
| FFIV | F5, Inc. | $22.3B | 87 | Strong Buy |
| TOST | Toast, Inc. | $20.3B | 85 | Strong Buy |
Peer medians: ROE 7.6% · P/E 28.3x · Gross margin 32.4%