NasdaqGS - Delayed Quote • USD
Fortinet, Inc. (FTNT)
At close: April 18 at 4:00 PM EDT
Pre-Market: 4:57 AM EDT
Earnings Estimate
CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
---|---|---|---|---|
No. of Analysts | 33 | 33 | 39 | 39 |
Avg. Estimate | 0.38 | 0.39 | 1.71 | 1.94 |
Low Estimate | 0.37 | 0.37 | 1.65 | 1.77 |
High Estimate | 0.41 | 0.41 | 2.14 | 2.93 |
Year Ago EPS | 0.34 | 0.38 | 1.63 | 1.71 |
Revenue Estimate
CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
---|---|---|---|---|
No. of Analysts | 33 | 33 | 40 | 40 |
Avg. Estimate | 1.34B | 1.39B | 5.78B | 6.56B |
Low Estimate | 1.33B | 1.37B | 5.72B | 6.25B |
High Estimate | 1.36B | 1.44B | 5.96B | 7.19B |
Year Ago Sales | 1.26B | 1.29B | 5.3B | 5.78B |
Sales Growth (year/est) | 6.00% | 7.80% | 9.00% | 13.50% |
Earnings History
CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
---|---|---|---|---|
EPS Est. | 0.29 | 0.34 | 0.36 | 0.43 |
EPS Actual | 0.34 | 0.38 | 0.41 | 0.51 |
Difference | 0.05 | 0.04 | 0.05 | 0.08 |
Surprise % | 17.20% | 11.80% | 13.90% | 18.60% |
EPS Trend
CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
---|---|---|---|---|
Current Estimate | 0.38 | 0.39 | 1.71 | 1.94 |
7 Days Ago | 0.38 | 0.39 | 1.71 | 1.94 |
30 Days Ago | 0.38 | 0.39 | 1.71 | 1.94 |
60 Days Ago | 0.38 | 0.39 | 1.71 | 1.94 |
90 Days Ago | 0.37 | 0.39 | 1.68 | 1.95 |
EPS Revisions
CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
---|---|---|---|---|
Up Last 7 Days | -- | -- | -- | 1 |
Up Last 30 Days | -- | -- | -- | 1 |
Down Last 7 Days | -- | -- | -- | -- |
Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
CURRENCY IN USD | FTNT | Industry | Sector | S&P 500 |
---|---|---|---|---|
Current Qtr. | 11.80% | -- | -- | 0.80% |
Next Qtr. | 2.60% | -- | -- | 9.60% |
Current Year | 4.90% | -- | -- | 4.50% |
Next Year | 13.50% | -- | -- | 13.30% |
Next 5 Years (per annum) | 14.62% | -- | -- | 11.09% |
Past 5 Years (per annum) | 34.54% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
Earnings
Upgrades & Downgrades
Maintains | Jefferies: Hold to Hold | 4/18/2024 |
Reiterates | Cantor Fitzgerald: Neutral to Neutral | 4/17/2024 |
Maintains | Piper Sandler: Neutral to Neutral | 4/3/2024 |
Maintains | Susquehanna: Neutral to Neutral | 4/3/2024 |
Maintains | Rosenblatt: Buy to Buy | 4/3/2024 |
Maintains | Cantor Fitzgerald: Neutral to Neutral | 2/12/2024 |
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