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FTNT
FORTINET INC
Information Technology · Systems Software
$83.15
-0.25%
Vol: 0.1M
Araverus Market Read
Thursday, March 19, 2026
Fortinet edges lower in pre-market despite cybersecurity strength from FortiOS 8.0 launch.
Fortinet (FTNT) closed at $83.67 and declined $0.37 (-0.44%) in pre-market to $84.05, despite strengthening cybersecurity position with FortiOS 8.0 launch and 40% billings increase in Unified SASE platform. Average analyst price target stands at $89.06 with 10 Buy and 4 Sell ratings (Neutral consensus). Competitive pressures persist amid mixed analyst sentiment on the $64-$120 price range.
Price 50d 200d
Previous Market Reads
2 of 2 daysSector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| NVDANVIDIA | $178.50 | -1.18% | -3.5% | 16.1x | 2.38 | $4.34T |
| AAPLAPPLE | $248.91 | -0.51% | -5.7% | 26.7x | 1.12 | $3.66T |
| MSFTMICROSOFT | $389.28 | -0.64% | -1.8% | 20.6x | 1.11 | $2.89T |
| AVGOBROADCOM | $319.77 | +1.12% | -3.8% | 18.1x | 1.26 | $1.52T |
| MUMICRON | $444.60 | -3.71% | +11.1% | 4.7x | 1.54 | $500.0B |
| ORCLORACLE | $155.66 | +1.81% | +1.0% | 19.5x | 1.65 | $447.3B |
| PLTRPALANTIR | $155.70 | +1.88% | +17.0% | 83.4x | 1.74 | $372.3B |
| AMDADVANCED | $205.36 | +2.96% | +1.1% | 19.1x | 2.02 | $334.7B |
| CSCOCISCO | $78.50 | +1.06% | +2.2% | 17.4x | 0.83 | $310.2B |
Fundamentals
Market Cap$61.8B
P/E (TTM)34.4
Forward P/E25.1
Beta1.04
Div Yield—
Prev Close$83.36
RSI (14-Day)
67Neutral
0305070100
52-Week Range
$70.12$83.15$109.33
From High-23.9%
From Low+18.6%
Moving Averages
50d SMA
$81.00+2.7%
200d SMA
$86.27-3.6%
Price below 200d MA — bearish structure.
Returns
1W
-1.5%
1M
+3.0%
3M
+0.8%
6M
+3.6%
1Y
-14.2%
YTD
+6.8%
Volume
Today133K
20d Avg5.9M
Ratio0.02x