Fortinet, Inc.
FTNTTechnologyNASDAQSoftware - Infrastructure
Scan Results
Daily timeframeFortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. Valued at $132.06B, FTNT is a large-cap name in its sector. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains.
Market Cap
$132.06B
Beta
1.04
P/E (TTM)
63.60
P/E (Fwd)
47.47
EPS (TTM)
$2.83
EPS (Fwd)
$3.79
ROE
117.4%
ROA
14.2%
Cash
$4.07B
Total Debt
$561.4M
Free CF
$2.27B
52W Change
111.0%
Annual Financials
Cash vs Debt
Where FTNT stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, FTNT finished 23.49% above its 150-day moving average ($138.88) and 37.94% above its 200-day moving average ($124.33). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is FTNT overbought or oversold?
At the October 20, 2026 close, FTNT's RSI(14) was 45.6, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
With $4.07B in cash and $561.4M in debt, FTNT maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Annual free cash flow of $2.27B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 117.4% points to exceptionally high capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 14.2% further supports the picture of efficient asset utilization. Revenue has grown from $4.42B (2022) to $6.80B (2025), reflecting a 54% increase over the period.
The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. No single metric tells the full story. Reviewing FTNT's risk profile alongside its fundamentals and technical indicators provides a more complete picture.