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FTNT · Fortinet, Inc.

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$160.01 -5.43 (-3.28%) At close · Aug 14
Market Cap
$117.40B
Shares
733.71M

Price & Indicators

Indicators
Price
Panels
Event markers
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$160.01 Open$165.75 Day$159.10–165.75 52W close$75.23–168.29 Avg vol 30d5.2M Short int14.4M · 2.0% float · 2.5d Short vol44% Last earningsJul 29, 2026 DataJun 2022–Aug 2026 Filing10-Q · Jul 30

Raw chart and full-history price indicators begin at the captured split on Jun 23, 2022; bars on opposite sides are not compared.

Up next

Next earnings call
Oct 28, 2026 Est · unconfirmed · in 11 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
Latest filing: 10-Q
filed Jul 30, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Buy
      SellHoldBuy
      Technical Buy Momentum Very Strong Sentiment Bullish Fundamentals Excellent Quant / Vol Moderate
      Market backdrop VIX 14.3 · calm Equity put/call 0.52
      Technical
      price trend
      Buy
      50 / 200-day cross No cross
      Price vs 200-day avg +53%
      above
      Price vs 50-day avg +3%
      above
      RSI (14) 52
      neutral
      MACD trend Negative
      52-week position 91%
      near high
      Momentum
      relative strength
      Very Strong
      1-month return −1%
      trailing
      6-month return +112%
      trailing
      YTD return +102%
      this year
      Relative strength +98%
      vs S&P · 6-mo
      Sentiment
      smart money
      Bullish
      Trend (MA cross) No cross
      50d $155 › 200d $104 — 50d above 200d
      Institutional flow Accumulating
      +16% holders QoQ · +353 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      1.96% of float · ▼ -0.7% MoM · 2.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,544 holders — near 3-yr high, broad support
      Squeeze score 51
      elevated · 0–100
      Fundamentals
      Excellent
      Revenue growth +14%
      Y/Y
      Gross margin 80%
      contracting
      EPS growth +7%
      Y/Y
      Valuation P/E 56.5
      in line
      Buyback $765.8M
      remaining
      Balance sheet $1.5B
      net cash
      Quant / Vol
      risk profile
      Moderate
      Volatility 40%
      annualized · 1-yr
      Max drawdown −14%
      past year
      ATR 4.2%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Beat or met 2 of last 2
      Latest guidance · from the 8-K filed Jul 29, 2026
      third quarter of 2026
      Revenue $2.01B – $2.1B
      Non-GAAP gross margin Non-GAAP 79% – 81%
      Billings $2.25B – $2.35B
      Diluted non-GAAP net income per share Non-GAAP $0.83 – $0.87
      Non-GAAP operating margin Non-GAAP 35% – 37%
      fiscal year 2026
      Revenue $8.02B – $8.18B
      Service revenue $5.18B – $5.22B
      Billings $9.35B – $9.55B
      Non-GAAP operating margin Non-GAAP 35% – 37%
      Diluted non-GAAP net income per share Non-GAAP $3.41 – $3.47
      Non-GAAP gross margin Non-GAAP 79% – 81%
      Prior guidance period ended · from the 8-K filed May 6, 2026
      Revenue · second quarter of 2026 $1.83B – $1.93B
      Billings · second quarter of 2026 $2.09B – $2.19B
      Non-GAAP gross margin · second quarter of 2026 79.5% – 80.5%
      Non-GAAP operating margin · second quarter of 2026 33% – 35%
      Diluted non-GAAP net income per share · second quarter of 2026 $0.72 – $0.76
      Guided vs delivered · last 2 settled
      Revenue fourth quarter of 2025
      guided $1.83B – $1.89B
      $1.91B Beat +2.7%
      Revenue fiscal year 2025
      guided $6.72B – $6.78B
      $6.8B Beat +0.7%

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Buy
      1 · 2 · 3
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +53% Bullish
      Price vs 50-day avg
      +3% Bullish
      RSI (14)
      52 Neutral
      MACD trend
      Negative Bearish
      52-week position
      91% Bullish
      Market signals — smart money & positioning
      Bullish · 3 of 6
      Trend (MA cross) No cross
      50d $155 › 200d $104 — 50d above 200d
      Institutional flow Accumulating
      +16% holders QoQ · +353 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      1.96% of float · ▼ -0.7% MoM · 2.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,544 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      Range low $75 Now $160 · 91% Range high $168
      vs 200-day avg +53% vs 50-day avg +3%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      GAAP → non-GAAP reconciliation
      GAAP Net cash provided by operating activities 1.04B
      -78M Purchases of property and equipment
      = Free cash flow 965.6M
      Unified SASE & SecOps billings 24% full year 2025 —
      Unified SASE billings 40% the fourth quarter —

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Software - Infrastructure — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      FTNT
      Fortinet, Inc.
      this stock
      		$117.40B +101.5% +14.2% 56.5 2.0%
      MSFT
      Microsoft Corp
      		 $3.66T +2.4% +6.9% 27.4 1.1%
      ORCL
      Oracle Corp
      		 $441.52B -22.8% +17.3% 26.3 1.7%
      PLTR
      Palantir Technologies Inc.
      		 $411.02B -2.1% +56.2% 146.2 2.8%
      PANW
      Palo Alto Networks Inc
      		 $315.41B +108.6% +29.0% 317.2 2.6%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      1,544
      % held
      70.4%
      Net QoQ
      +25.1M sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      1,247
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      14.4M
      Days to cover
      2.5d
      Change
      -108.1K sh
      View
      Short Volume
      Short vol %
      44%
      As of
      Aug 14, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      100
      Value
      $15.8K
      As of
      Jul 13, 2026
      View
      Off-Exchange
      Off-exchange %
      40.5%
      Week of
      Jul 6, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Sell
      Member
      Dan Newhouse
      Amount
      $1.0K–$15.0K
      Traded
      Jul 10, 2026
      View
      Financials
      Financials
      Revenue (FY)
      $6.8B
      Net income (FY)
      $1.9B
      EPS diluted
      $2.42
      View
      Buybacks
      Authorized
      $10.3B
      Remaining
      $765.8M
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      10-Q
      Filed
      Jul 30, 2026
      This year
      8
      View
      Proposed Sales
      Value
      $63.2K
      Shares
      387
      Filed
      Aug 4, 2026
      View
      Earnings & Events
      Earnings Calls Upcoming
      Next call
      Oct 6, 2026
      Last call
      Jul 29, 2026
      View
      Investor Relations
      Upcoming events
      15
      View

      Performance

      Raw-price comparisons begin at the captured split on Jun 23, 2022; windows that need an earlier baseline remain unavailable.

      5D 20D 120D MTD YTD
      FTNT +0.2% -1.0% +111.7% -1.2% +101.5%
      SPY +0.4% +4.5% +13.8% +3.9% +13.9%
      vs SPY -0.2% -5.4% +97.9% -5.1% +87.7%

      Capital returns

      Buyback program · as of Jun 30, 2026
      Authorized
      $10.25B
      Spent (derived)
      $9.48B
      Remaining
      $765.80M
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1262039 CUSIP 34959E109 13F (30d) 1407 filings 1374 filers Visit website Investor relations

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