Added to YB: 2025-02-24
Pitch date: 2025-02-20
FTNT [neutral]
Fortinet, Inc.
+13.61%
current return
Author Info
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Company Info
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide.
Market Cap
$86.2B
Pitch Price
$113.95
Price Target
90.00 (-30%)
Dividend
N/A
EV/EBITDA
34.28
P/E
45.63
EV/Sales
11.74
Sector
Software
Category
growth
10-Minute Breakdown: Is Fortinet Worth Buying Right Now?
FTNT (overvalued): Cybersecurity leader w/ 12.3% rev growth to $5.96B in 2024. Strong margins (30.5% GAAP op), high ROIC (22%), ROCE (36.6%). AI-driven solutions, SASE focus. Risks: competition, IT spend slowdown. Overvalued by ~20% at current price; fair value $83.80-$90/share. Watch for better entry.
Read full article (10 min)