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Fortinet, Inc.

FTNT · Technology · · USD
117.69 USD
+0.00 (3.35%)
● Updated 2026-05-14 12:47 Saudi Time ↻ Refresh
Short-term Mid-term Long-term

Fahodi Score BUY Long-term (Investment)

70
/ 100
Technical 80
Trend & RS 97
Momentum 100
Fundamental 67
Macro 72
Liquidity 52
ComponentScoreWeight
Technical 80.0 10%
Trend & RS 96.8 10%
Momentum 100.0 5%
Fundamental 66.7 40%
Macro 71.8 15%
Liquidity 51.7 20%

Trade Setup

Entry 117.69
Stop Loss 108.87 (7.5%)
Target 1 (1:1) 126.51 (+7.5%)
Target 2 (2:1) 135.33 (+15.0%)
ATR(14) 4.41 (3.8%)
Risk per Share 8.82
Reward:Risk 2:1

ATR-based levels. Adjust for support/resistance zones.

Factor Profile

Factor Score Z Bar
Value 4.9 -1.81
Momentum 100.0 +2.00
Quality 64.5 +0.58
Composite 56.5

Quality Scores

Piotroski F-Score 6 /9 — Average
✓ ✓ ✗ ✗ ✓ ✗ ✓ ✓ ✓
1. Positive Net Income 2. Positive Roa 3. Positive Cfo 4. Quality Earnings 5. Lower Leverage 6. Higher Liquidity 7. No Dilution 8. Higher Gross Margin 9. Higher Asset Turnover
Altman Z-Score Insufficient Data

Valuation vs Peers Overvalued

MetricStockSectorvs Peers
P/E Ratio 45.6 28.0 +63% above
P/B Ratio 87.3 6.0 Above

Comparing against Technology median multiples.

Trading at a premium to sector peers — verify growth justifies premium.

Intrinsic Value (DCF) Significantly Overvalued

Intrinsic Value
66.79
vs
Market Price
117.69
Upside
-43.2%
Margin of Safety -76.2%
Stage 1 PV (5yr FCF)10,209,414,878
Terminal Value PV38,725,616,568
Total Enterprise Value48,935,031,446

Assumptions

Base FCF1,512,186,251
Growth Rate (5yr)20.1%
Terminal Growth2.5%
Discount Rate (WACC)9.0%

2-stage DCF: 5yr projected FCF + Gordon Growth terminal value. Estimates only — adjust growth and WACC for your own assumptions.

Position Sizing — Kelly Criterion

4.5%
Recommended Size
46.04%
Full Kelly
23.02%
Half Kelly
5.0%
Max Cap (Moderate)

Kelly inputs derived from quant score 70/100. Estimated win rate 61%, avg win 9.2%, avg loss 3.6%. Position was capped at the moderate risk maximum. This is analytical output, not a recommendation to trade.

BEAR Regime: BEAR (20% confidence) — position size reduced 10%

Signal Summary STRONG BUY

4
Bullish Signals
1
Bearish Signals
83.26
RSI(14)
8.3113
MACD

Relative Strength (RS) STRONG RS

91
/ 99
RS Rating
✓ O'Neil PASS (≥80)
RS vs SPY ↑ RISING (+26.4% vs SPY 3M)
RS vs Sector INLINE (Technology)
RS New High ✓ RS at 3-month high Institutional accumulation signal
Sector Outperformance +2.3% (3M)
RS Line — stock / SPY (90 bars)
← older newer →
RS vs SPY 50-day SMA of RS
STRONG RS: Top performer — outperforming the market and making new relative highs. Institutional accumulation likely.

Technical Indicators

IndicatorValueSignal
Rsi 83.26 OVERBOUGHT
Macd 8.3113 BULLISH
Ma Cross 86.14 / 83.11 GOLDEN CROSS
Trend Short ABOVE SMA50
Trend Long ABOVE SMA200
Bollinger MIDDLE
Volume 0.87x NORMAL

Key Levels

LevelPrice
52-Week High117.84
Bollinger Upper118.34
SMA(200)83.11
SMA(50)86.14
SMA(20)92.63
Current Price117.69
Bollinger Lower66.91
52-Week Low70.12
ATR(14)4.41

Advanced Technical Analysis

Click to expand

Wyckoff Phase & Volume Spread Analysis

Wyckoff Phase

MARKUP Confidence
100%
Sign of Strength
Acc: 0.0  |  Dist: 0.0  |  Markup: 3.5  |  Markdown: 0.0

Volume Spread Analysis (last 5 bars)

DateSignalVolDescription
2026-05-07 Normal 3.01x Normal bar — no special VSA pattern
2026-05-08 Normal 1.65x Normal bar — no special VSA pattern
2026-05-11 Normal 1.12x Normal bar — no special VSA pattern
2026-05-12 Normal 0.82x Normal bar — no special VSA pattern
2026-05-13 Normal 0.87x Normal bar — no special VSA pattern

Ichimoku Cloud BULLISH

LineValueStatus
Tenkan-sen (9) 101.41 Above Kijun
Kijun-sen (26) 96.93 Base line
Senkou A 99.17 Leading span A
Senkou B 96.93 Leading span B
Cloud 96.93 – 99.17 Bullish (Green)
Price vs Cloud 117.69 Above Cloud
Chikou Span 83.51 Bullish
Alignment Score 4/4 BULLISH

TTM Squeeze & Divergences

TTM Squeeze

SQUEEZE OFF No squeeze Momentum: BULLISH
BB: 66.91 – 118.34  |  KC: 86.28 – 98.97

Divergences (last 60 bars)

No significant divergences detected in the last 60 bars.

Anchored VWAP

VWAP: 81.92 Anchor: 2025-08-07 (52w Low) ABOVE AVWAP +43.7%

Heikin-Ashi Trend

BULLISH Full data via /api/advanced/FTNT

Valuation

MetricValue
Market Cap86.23B
P/E (TTM)45.62
Forward P/EN/A
P/B87.31
EPS2.58

Financial Health

MetricValue
Revenue Growth20.1%
Profit Margin27.5%
ROE1.3%
Debt/Equity57.31
Current Ratio1.15
Dividend YieldN/A
Payout RatioN/A
Beta0.92

Trading Data

117.69
Open
117.69
Day High
117.69
Day Low
5.23M
Volume (0.8x avg)

Recent News (8)

$100 Invested In Fortinet 10 Years Ago Would Be Worth This Much Today
Benzinga · 2026-05-13
NVIDIA Targets Secure Enterprise AI Scale With Fortinet And Red Hat Partnerships
Simply Wall St. · 2026-05-13
Fortinet NVIDIA Alliance Puts AI Cybersecurity And Valuation Expectations In Focus
Simply Wall St. · 2026-05-12
OpenAI Launches Daybreak in Effort to Woo Pentagon Away From Mythos
Moby · 2026-05-12
AI Rally May Have Gone Too Far With Some Stocks Up 70% in a Month
24/7 Wall St. · 2026-05-12
Fortinet (FTNT) Could Be A Stock Part Of The AI ‘Endgame’
Insider Monkey · 2026-05-11
Zscaler Stock Soars 24% in a Month: Hold Tight or Book Profits?
Zacks · 2026-05-11
Fortinet, Inc. (FTNT) Hits Fresh High: Is There Still Room to Run?
Zacks · 2026-05-11

Price Chart (90 Days)

Candlesticks (green=up, red=down) SMA 20 SMA 50 Bollinger Bands (upper/lower) Volume (green=buying, red=selling)
Powered by Fahodi Methodology. This is analytical output, not financial advice. Always do your own due diligence.  ·  Pipeline status  ·  Data: —