Fortinet
FTNT · NASDAQ · Technology
$178.74
+$3.57 (+2.00%) today
Market Cap
$131.14B
24h Volume
$609.2M
P/E Ratio
63.4
52w High
$178.74
52w Low
$75.23
Est. AI Revenue
20%
7-Day Sparkline (Static)
Company facts
Performance
About Fortinet
Fortinet is a cybersecurity company. It sells firewalls and the security subscriptions that keep them current, protecting enterprise networks from threats. Revenue comes from hardware, software, and recurring security services across its Security Fabric platform.
AI and machine learning run throughout that platform: FortiAI applies AI to threat detection and response, FortiGuard AI powers its threat intelligence services, FortiNDR detects network threats using machine learning, and its AI-powered SOC tools help security teams respond faster.
Founded in 2000 and headquartered in Sunnyvale, California, Fortinet trades on the NASDAQ and employs roughly 15,500 people.
Fortinet in the AI buildout
Fortinet sits in the Cybersecurity AI layer of the buildout. AI is embedded technology across its Security Fabric, from FortiAI detection to machine-learning-driven threat intelligence, making its products smarter without changing what customers are buying. Growth follows enterprise network security spending rather than AI infrastructure demand, which is why Supercycle scores its AI exposure at 25 out of 100.
FTNT is tracked in Cybersecurity AI, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
FTNT trades at $178.74, 100% of the way up its 52-week range of $75.23 to $178.74.
Market cap
Market capitalization is $131.14B, with an AI Exposure Score of 25 out of 100.
Valuation vs peers
Its P/E ratio of 63.4 is above the Cybersecurity AI category median of 36.0.
Next earnings
Fortinet is next expected to report earnings on November 4, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Fortinet do?
Fortinet sells firewalls and security subscriptions that protect enterprise networks. Revenue comes from hardware, software, and recurring threat intelligence services across its Security Fabric platform.
How is Fortinet exposed to AI?
AI is embedded across its threat detection and response products, but growth follows network security spending rather than AI infrastructure demand. Supercycle rates its AI Exposure Score at 25 out of 100.
What are Fortinet's main AI products?
FortiAI for AI-driven threat detection and response, FortiGuard AI threat intelligence, FortiNDR for network detection using machine learning, and AI-powered SOC tools for security teams.
Is FTNT a pure play AI stock?
No. Fortinet is a network security vendor where AI is embedded product technology. Its score of 25 out of 100 reflects AI as capability rather than the demand driver.
Where is Fortinet based and who leads it?
Fortinet is headquartered in Sunnyvale, California, and is led by co-founder and CEO Ken Xie. Founded in 2000, it employs roughly 15,500 people and trades on the NASDAQ.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.