Calculated
DCF
Free cash flow, growth, discount rate, and terminal growth form an intrinsic value range.
80.88 USD136.21 USD191.85 USD
-37.71%
136.21 USDCurrent price is 37.7% below the base model value.
F
TechnologySoftware - InfrastructureUnited States
FTNT.US · Fortinet, Inc.
NMS · US · USD
Latest price84.85 USD
30D-1.24%
Vs. base value+13.3%
Research summary
FTNT.US latest organized financial period shows revenue grew +14.17% YoY and net income grew +6.2% YoY. Current price is about 84.85 USD, while the model base case is about 74.92 USD; the current price sits +13.3% versus the base case. This summary is intended for public-information research and model review.
Key financial trend
Annual financial metrics with switchable views. · Unit: USD
Revenue7B USD
Net income2B USD
Free cash flow3B USD
Operating cash flow3B USD
Price trend
Price date: 2026/04/28 · Updated: 2026/04/29 07:21
Valuation model range
Hover each model row to inspect formulas and inputs.
Current price84.85 USD
Base value74.92 USD
Vs. base+13.3%
Price date2026/04/28
46.61 USD74.92 USD97.33 USD
+13.25%
Calculated
Owner Earnings
Uses recent net income as an owner-earnings proxy and discounts scenario growth.
46.61 USD74.92 USD97.33 USD
+13.25%
74.92 USDCurrent price is 13.3% above the base model value.
Calculated
Reverse DCF
Solves the forward FCF growth rate implied by the current price.
Implied growth9.1%
Current price implies roughly 9.1% annualized FCF growth.
9.1%Current price implies roughly 9.1% annualized FCF growth.
Calculated
Earnings Power Value
Estimates earnings power value without assuming growth.
18.56 USD18.56 USD18.56 USD
+357%
18.56 USDCurrent price is 357.1% above the base model value.
Updated: 2026/04/29 07:21
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Quarterly and annual financial table
Financial DetailsShowing latest 5 / 10
| Period | Type | Revenue | Net Income | Free Cash Flow | Diluted EPS |
|---|---|---|---|---|---|
| 2025/12/30 | Annual | 7B USD | 2B USD | 3B USD | 2.42 |
| 2024/12/30 | Annual | 6B USD | 2B USD | 2B USD | 2.26 |
| 2023/12/30 | Annual | 5B USD | 1B USD | 2B USD | 1.46 |
| 2022/12/30 | Annual | 4B USD | 857M USD | 2B USD | 1.06 |
| 2021/12/30 | Annual | 3B USD | 607M USD | 1B USD | 3.63 |
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