Fortinet (FTNT) Projected to Post Quarterly Earnings on Wednesday

Fortinet (NASDAQ:FTNT) is projected to issue its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.61 per share and revenue of $1.7332 billion for the quarter. Fortinet has set its Q1 2026 guidance at 0.590-0.630 EPS and its FY 2026 guidance at 2.940-3.000 EPS. Parties can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 4:30 PM ET.

Fortinet (NASDAQ:FTNT) last posted its quarterly earnings results on Thursday, February 5th. The software maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.07. Fortinet had a return on equity of 124.21% and a net margin of 27.26%.The business had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same period last year, the company earned $0.74 EPS. The firm’s revenue was up 14.8% on a year-over-year basis. On average, analysts expect Fortinet to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Fortinet Price Performance

NASDAQ:FTNT opened at $86.29 on Monday. Fortinet has a 12-month low of $70.12 and a 12-month high of $109.33. The company has a quick ratio of 1.09, a current ratio of 1.17 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $63.17 billion, a P/E ratio of 35.51, a P/E/G ratio of 2.96 and a beta of 0.92. The stock’s fifty day simple moving average is $81.83 and its 200-day simple moving average is $81.72.

Analysts Set New Price Targets

FTNT has been the topic of several recent research reports. Wells Fargo & Company initiated coverage on Fortinet in a research report on Tuesday, March 3rd. They issued an “underweight” rating and a $64.00 price target on the stock. Stifel Nicolaus set a $85.00 price objective on Fortinet in a research note on Wednesday, March 11th. Arete Research set a $104.00 price objective on Fortinet and gave the stock a “buy” rating in a research note on Monday, April 27th. Mizuho dropped their price objective on Fortinet from $74.00 to $70.00 and set an “underperform” rating on the stock in a research note on Tuesday, April 14th. Finally, Evercore set a $80.00 price objective on Fortinet in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, twenty-one have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $87.72.

Institutional Trading of Fortinet

Several hedge funds and other institutional investors have recently modified their holdings of FTNT. Wexford Capital LP acquired a new stake in shares of Fortinet in the 3rd quarter valued at about $25,000. Palisade Asset Management LLC acquired a new stake in shares of Fortinet in the 3rd quarter valued at about $28,000. Quarry LP acquired a new stake in shares of Fortinet in the 3rd quarter valued at about $33,000. Swiss RE Ltd. acquired a new stake in shares of Fortinet in the 4th quarter valued at about $38,000. Finally, GW&K Investment Management LLC grew its holdings in shares of Fortinet by 31.4% in the 4th quarter. GW&K Investment Management LLC now owns 515 shares of the software maker’s stock valued at $41,000 after acquiring an additional 123 shares in the last quarter. Institutional investors and hedge funds own 83.71% of the company’s stock.

About Fortinet

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.