Nama's AI scorecard currently rates Fortinet Buy (8.1 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is FTNT's P/E ratio?

Fortinet trades at a trailing price-to-earnings ratio of 34.5.

When does FTNT report earnings?

Fortinet's next scheduled report is on Feb 4, 2027. Analysts expect EPS of $0.94.

What is the FTNT price target?

The median analyst price target from 37 analysts is $142.00, with a range of $110.00 – $190.00.

Is FTNT Shariah compliant?

Nama's AAOIFI-style screen reads Fortinet as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.

Nama Insights

Fortinet (FTNT)

Technology · Software Infrastructure · NASDAQ

S&P 500Nasdaq-100

Fortinet (FTNT) is a Technology company in the Software Infrastructure industry. It has a market capitalization of $87.31B, a trailing price-to-earnings ratio of 34.5 and a free-cash-flow yield of 2.5%. Over the most recent reported fiscal year, revenue grew 14.2% and free cash flow per share grew 19.6%. Nama's AI scorecard rates it Buy, 8.1 out of 10. On 12-month momentum it ranks in the leading band of its market.

AI scorecard

Buy · 8.1/10

Clearly positive, short of the top band. As of Nov 7, 2026.

Momentum

Leading · +135.0% over 12 months ex. last

Top 20% of its market on the past year's steady rise.

Shariah screen

Shariah Compliant

Passes our debt, cash and income screen; not a scholar's ruling.

Off its high

-39.7%

How far the last close sits under the highest price of the past five years.

Market cap	$87.31B
Trailing P/E	34.5
Price / book	56.1
Price / sales	11.1
FCF yield	2.5%
Dividend yield	—
Gross margin	80.2%
Operating margin	32.4%
Net margin	28.2%
Revenue growth (YoY)	+14.2%
Revenue growth (3-yr annual)	+15.5%
EPS growth (YoY)	+16.9%
FCF/share growth (YoY)	+19.6%
Beta	1.0
Exchange	NASDAQ
Sector	Technology
Industry	Software Infrastructure

FTNT earnings

Next report: Feb 4, 2027 (Q4 2026, EPS estimate $0.94). Beat the EPS estimate in 4 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q3 2026	Oct 28, 2026	$0.91	$0.86	+5.8%	$2.08B
Q2 2026	Jul 29, 2026	$0.90	$0.75	+20.0%	$2.05B
Q1 2026	May 6, 2026	$0.82	$0.62	+32.3%	$1.85B
Q4 2025	Feb 5, 2026	$0.81	$0.74	+9.5%	$1.91B

FTNT analyst price target

Median target $142.00 from 37 analysts, ranging $110.00 – $190.00.

Software Infrastructure peers

Ticker	Company	Market cap	P/E
MSFT	Microsoft	$3.94T	29.4
PLTR	Palantir Technologies	$386.44B	112.2
ORCL	Oracle	$361.97B	14.4
PANW	Palo Alto Networks	$256.86B	81.9
CRWD	CrowdStrike	$222.09B	195.4
NET	Cloudflare	$95.70B	224.0
SNPS	Synopsys	$86.32B	32.3
XYZ	Block	$51.67B	23.4

Explore live FTNT data on Nama Insights →

Recent Congressional trades

Fortinet trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member	Chamber	Trade	Amount	Disclosed
Alan Armstrong	Senate	Buy	$1,001 - $15,000	Jul 21, 2026
Dan Newhouse	House	Sell	$1,001 - $15,000	Jul 17, 2026
Gilbert Cisneros	House	Sell	$1,001 - $15,000	May 8, 2026
Gilbert Cisneros	House	Buy	$1,001 - $15,000	Apr 7, 2026
Lisa McClain	House	Sell	$1,001 - $15,000	Nov 21, 2025
Lisa McClain	House	Buy	$1,001 - $15,000	Nov 21, 2025
Byron Donalds	House	Buy	$1,001 - $15,000	Nov 18, 2025
Byron Donalds	House	Buy	$1,001 - $15,000	Nov 18, 2025
Byron Donalds	House	Sell	$1,001 - $15,000	Oct 7, 2025
Byron Donalds	House	Sell	$1,001 - $15,000	Oct 7, 2025
Lisa McClain	House	Buy	$1,001 - $15,000	Sep 12, 2025
Jefferson Shreve	House	Sell	$15,001 - $50,000	Jun 22, 2025

FTNT FAQ

Is FTNT a buy?: Nama's AI scorecard currently rates Fortinet Buy (8.1 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is FTNT's P/E ratio?: Fortinet trades at a trailing price-to-earnings ratio of 34.5.
When does FTNT report earnings?: Fortinet's next scheduled report is on Feb 4, 2027. Analysts expect EPS of $0.94.
What is the FTNT price target?: The median analyst price target from 37 analysts is $142.00, with a range of $110.00 – $190.00.
Is FTNT Shariah compliant?: Nama's AAOIFI-style screen reads Fortinet as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.