The stock price of Fortinet Inc (NASDAQ: FTNT) has dropped by -0.88 compared to previous close of 107.14. Despite this, the company has seen a gain of 2.35% in its stock price over the last five trading days. globenewswire.com reported 2025-05-07 that New FortiGate series delivers scalable, high-performance security for the modern campus, now enhanced with FortiOS post-quantum capabilities and FortiAI-Protect for advanced threat detection and GenAI risk mitigation New FortiGate series delivers scalable, high-performance security for the modern campus, now enhanced with FortiOS post-quantum capabilities and FortiAI-Protect for advanced threat detection and GenAI risk mitigation
Is It Worth Investing in Fortinet Inc (NASDAQ: FTNT) Right Now?
Fortinet Inc (NASDAQ: FTNT) has a price-to-earnings ratio of 46.99x that is above its average ratio. Additionally, the 36-month beta value for FTNT is 1.11. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 8 rating it as “overweight,” 26 rating it as “hold,” and 2 rating it as “sell.”
The public float for FTNT is 638.47M and currently, short sellers hold a 3.02% ratio of that float. The average trading volume of FTNT on May 07, 2025 was 5.12M shares.
FTNT’s Market Performance
FTNT’s stock has seen a 2.35% increase for the week, with a 20.68% rise in the past month and a 1.08% gain in the past quarter. The volatility ratio for the week is 3.06%, and the volatility levels for the past 30 days are at 4.40% for Fortinet Inc. The simple moving average for the past 20 days is 5.57% for FTNT’s stock, with a 18.87% simple moving average for the past 200 days.
Analysts’ Opinion of FTNT
Many brokerage firms have already submitted their reports for FTNT stocks, with DZ Bank repeating the rating for FTNT by listing it as a “Sell.” The predicted price for FTNT in the upcoming period, according to DZ Bank is $95 based on the research report published on May 06, 2025 of the current year 2025.
Roth Capital, on the other hand, stated in their research note that they expect to see FTNT reach a price target of $103. The rating they have provided for FTNT stocks is “Neutral” according to the report published on April 23rd, 2025.
Stephens gave a rating of “Equal-Weight” to FTNT, setting the target price at $108 in the report published on April 01st of the current year.
FTNT Trading at 6.84% from the 50-Day Moving Average
After a stumble in the market that brought FTNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.51% of loss for the given period.
Volatility was left at 4.40%, however, over the last 30 days, the volatility rate increased by 3.06%, as shares surge +20.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.44% lower at present.
During the last 5 trading sessions, FTNT rose by +2.65%, which changed the moving average for the period of 200-days by +82.13% in comparison to the 20-day moving average, which settled at $100.61. In addition, Fortinet Inc saw 12.40% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FTNT starting from Xie Michael, who sale 3,546 shares at the price of $106.11 back on May 02 ’25. After this action, Xie Michael now owns 11,000,068 shares of Fortinet Inc, valued at $376,274 using the latest closing price.
Xie Ken, the PRESIDENT & CEO of Fortinet Inc, sale 158,488 shares at $106.10 during a trade that took place back on May 02 ’25, which means that Xie Ken is holding 51,391,879 shares at $16,814,799 based on the most recent closing price.
Stock Fundamentals for FTNT
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.81 for the gross margin
The net margin for Fortinet Inc stands at 0.29. The total capital return value is set at 0.32. Equity return is now at value 338.74, with 20.51 for asset returns.
Based on Fortinet Inc (FTNT), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 2.27. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 90.06.
Currently, EBITDA for the company is 1.8 billion with net debt to EBITDA at -0.92. When we switch over and look at the enterprise to sales, we see a ratio of 13.43. The receivables turnover for the company is 4.07for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.
Conclusion
In conclusion, Fortinet Inc (FTNT) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
