Fortinet, Inc.
FTNTTechnologyNASDAQSoftware - Infrastructure · Last scanned Sep 8, 2026
Scan Results
Daily timeframeFortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company carries a $115.54B market cap, placing it firmly in the large-cap category. 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
$115.54B
Beta
1.06
P/E (TTM)
55.64
P/E (Fwd)
41.76
EPS (TTM)
$2.83
EPS (Fwd)
$3.77
ROE
117.4%
ROA
14.2%
Cash
$4.07B
Total Debt
$561.4M
Free CF
$2.27B
52W Change
96.6%
Annual Financials
Cash vs Debt
Where FTNT stands vs its 150-day and 200-day moving averages
As of the September 1, 2026 close, FTNT finished 44.93% above its 150-day moving average ($117.94) and 57.47% above its 200-day moving average ($108.55). 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 September 1, 2026 close, FTNT's RSI(14) was 57.4, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Fortinet, Inc. holds $4.07B in cash against $561.4M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Annual free cash flow of $2.27B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 117.4%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. 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.
With cash comfortably exceeding debt, FTNT has financial flexibility that may help navigate uncertain periods. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Fortinet, Inc.'s trajectory.