Fortinet, Inc.FTNT

Technology
Bullish

ASignal's systematic analysis rates FTNT as Bullish. Fortinet, Inc. has a market cap of $118.82B, a P/E of 57.23, a 28.2% net margin, and 25.6% year-over-year revenue growth.

Reflects the latest available analysis · analyzed Aug 1, 2026

The case on FTNT

Bull vs bear, surfaced by ASignal's framework agents from public market data. The precise verdict: ASignal Rank, confidence, and price targets - is in the app.

Bull case
  • Strong revenue growth (25.6% YoY)
  • High operating and gross margins (33.6%, 80.2%)
  • Exceptional return on equity (117.44%)
  • Strong free cash flow ($2.26B)
  • Low debt-to-equity ratio (0.32x)
  • Positive earnings growth (43.9% YoY)
VS
Bear case
  • Overvalued based on P/E (57.23x) and PEG (3.58x)
  • MACD below signal line indicating weakening momentum
  • Price near upper Bollinger Band with RSI at 51.7 suggests limited near-term upside
  • Low Reddit mentions indicating limited retail interest

Key facts

Sector
Technology
Market cap
$118.82B
P/E ratio
57.23
Gross margin
80.2%
Net margin
28.2%
Rev growth YoY
25.6%
Price (Aug 1, 2026)
$161.95

Peers

Clustered with FTNT by analysis-profile similarity.

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See the full verdict on FTNT

ASignal Rank (1-4), confidence score, Buffett / Ackman / Dalio grades, price targets, and the full reasoning behind the call.

How ASignal analyzes FTNT

Most investors never get a second opinion, let alone several. ASignal runs FTNT past a panel of specialized investor-framework agents, each calibrated on a distinct school of investing: Warren Buffett's value discipline, Bill Ackman's activist lens, and Ray Dalio's macro view. They don't just score in isolation, they argue: a dedicated Challenger agent pushes back on every conclusion until the panel settles on a reasoned consensus, weighing fundamentals, macro conditions, market sentiment, and price action together. The kind of cross-examined read that takes a research desk hours, ASignal delivers in under two minutes, refreshed every cycle.

The signal direction and the bull and bear case above are free. The precise read, ASignal Rank, framework grades, price targets, and full reasoning, stays with subscribers.

Fortinet, Inc. (FTNT) Stock Analysis - ASignal rates it Bullish