Fortinet (FTNT) Projected to Post Earnings on Thursday

Fortinet (NASDAQ:FTNT) is anticipated to announce its Q4 2025 results after the market closes on Thursday, February 5th. Analysts expect Fortinet to post earnings of $0.74 per share and revenue of $1.8597 billion for the quarter. Fortinet has set its FY 2025 guidance at 2.660-2.700 EPS and its Q4 2025 guidance at 0.730-0.750 EPS. Parties can check the company’s upcoming Q4 2025 earning summary page for the latest details on the call scheduled for Thursday, February 5, 2026 at 4:30 PM ET.

Fortinet (NASDAQ:FTNT) last posted its quarterly earnings results on Wednesday, November 5th. The software maker reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.11. The business had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.70 billion. Fortinet had a return on equity of 118.27% and a net margin of 28.58%.The business’s revenue was up 14.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.63 earnings per share. On average, analysts expect Fortinet to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Fortinet Stock Performance

NASDAQ FTNT opened at $82.08 on Thursday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.94 and a current ratio of 1.03. The stock’s fifty day moving average is $80.24 and its two-hundred day moving average is $83.90. The firm has a market capitalization of $61.04 billion, a P/E ratio of 33.78, a price-to-earnings-growth ratio of 2.85 and a beta of 1.07. Fortinet has a fifty-two week low of $70.12 and a fifty-two week high of $114.82.

Wall Street Analyst Weigh In

FTNT has been the subject of several recent analyst reports. Jefferies Financial Group cut their price objective on shares of Fortinet from $85.00 to $80.00 and set a “hold” rating for the company in a research report on Thursday, November 6th. UBS Group reduced their price target on shares of Fortinet from $90.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Oppenheimer reissued a “market perform” rating on shares of Fortinet in a research note on Friday, January 23rd. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $75.00 price target (down from $85.00) on shares of Fortinet in a report on Wednesday, December 17th. Finally, Daiwa Capital Markets lowered shares of Fortinet from an “outperform” rating to a “neutral” rating and set a $86.00 price objective on the stock. in a report on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, twenty-four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $90.04.

Insider Buying and Selling

In related news, VP Michael Xie sold 3,546 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $86.53, for a total transaction of $306,835.38. Following the sale, the vice president directly owned 10,492,018 shares of the company’s stock, valued at $907,874,317.54. This represents a 0.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ken Xie sold 158,485 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $86.51, for a total transaction of $13,710,537.35. Following the sale, the chief executive officer owned 51,391,879 shares in the company, valued at approximately $4,445,911,452.29. This trade represents a 0.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 18.00% of the company’s stock.

Hedge Funds Weigh In On Fortinet

Institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in Fortinet by 2.2% in the fourth quarter. Brighton Jones LLC now owns 10,327 shares of the software maker’s stock worth $976,000 after acquiring an additional 221 shares during the last quarter. Bison Wealth LLC purchased a new stake in shares of Fortinet during the 4th quarter worth $585,000. HUB Investment Partners LLC grew its stake in shares of Fortinet by 29.1% during the second quarter. HUB Investment Partners LLC now owns 5,299 shares of the software maker’s stock worth $560,000 after purchasing an additional 1,193 shares in the last quarter. Diversify Advisory Services LLC purchased a new position in Fortinet in the second quarter valued at $1,136,000. Finally, Quantinno Capital Management LP raised its stake in Fortinet by 27.4% in the second quarter. Quantinno Capital Management LP now owns 144,989 shares of the software maker’s stock valued at $15,328,000 after buying an additional 31,202 shares in the last quarter. 83.71% of the stock is owned by institutional investors and hedge funds.

Fortinet Company Profile

Fortinet, Inc (NASDAQ: FTNT) is a multinational cybersecurity company that develops and delivers integrated security solutions for enterprise, service provider and government customers worldwide. Founded in 2000 and headquartered in Sunnyvale, California, the company was co‑founded by Ken Xie and Michael Xie. Ken Xie serves as chairman and chief executive officer, and the company operates through a global sales, channel and services organization to support customers across the Americas, EMEA and Asia‑Pacific.

Fortinet’s product portfolio centers on network security appliances and software, with its FortiGate next‑generation firewalls and the FortiOS operating system forming a core platform.