Are Things Looking Up For Fortinet Inc (NASDAQ: FTNT)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NASDAQ and operates within the Software – Infrastructure industry segment. The current market capitalization of Fortinet Inc is $82.39B. A total of 4.77 million shares were traded on the day, compared to an average of 5.16M shares.

In the most recent transaction, Xie Michael sold 3,546 shares of FTNT for 106.11 per share on May 02 ’25. After the transaction, the VP, ENGINEERING & CTO now owns 11,000,068 company shares. In a previous transaction on May 02 ’25, Xie Ken sold 158,488 shares at 106.10 per share. FTNT shares that PRESIDENT & CEO owns now total 51,391,879.

Among the insiders who bought shares, MICHAEL XIE acquired of 3,546 shares on May 02 ’25 at a per-share price of $104.21. In another insider transaction, KEN QING XIE bought 158,488 shares at $104.21 per share on May 02 ’25.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, FTNT has a high of $114.82 and a low of $54.57.

As of this writing, FTNT has an earnings estimate of $0.53 per share for the current quarter. EPS was calculated based on a consensus of 36.0 estimates, with a high estimate of $0.6 per share and a lower estimate of $0.52.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. FTNT’s latest balance sheet shows that the firm has $2.55B in Cash & Short Term Investments as of fiscal 2021. There were $988.40M in debt and $2.32B in liabilities at the time. Its Book Value Per Share was $1.95, while its Total Shareholder’s Equity was $798.40M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FTNT is Buy with a score of 3.55.

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