$ 86.29
Key Takeaways
Risk factor
Strong trading liquidity
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. Specifically, the stock is fairly valued on P/E, overvalued on EV/E
Target Price
The average target price of FTNT is 89 and suggests 4% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation sug