$ 78.83
Key Takeaways
Risk factor
Very vulnerable to price shocks
Profitability factor
Strong growth
About
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company...
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'expensive' o
Target Price
The average target price of FTNT is 92 and suggests 16% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase