Fortinet (FTNT) stock: Winston Score and insider trades
Fortinet makes cybersecurity products that protect computer networks from hackers and online threats. Its flagship product is the FortiGate firewall, which monitors and filters internet traffic for businesses, governments, schools, and hospitals. Fortinet is one of the largest network security companies in the world and sells a broad suite of tools — including firewalls, antivirus software, and cloud security — all under its unified "Security Fabric" platform. Fortinet earns money two ways: selling hardware appliances like physical firewall boxes, and charging recurring fees for software subscriptions and support services. It operates globally, with customers in over 180 countries, and generates roughly $6 billion in annual revenue. Its main competitive advantage is that its security chips are custom-built in-house, making its products faster and cheaper to run than many rivals. The key growth driver is the ongoing shift of customers from hardware to higher-margin cloud and subscription services, though slowing enterprise IT spending remains a near-term risk.
Winston Score: 82 out of 100, Strong
A high-quality business with solid fundamentals.
- Quality: Exceptional (30/30)
- Growth: Strong (14/20)
- Cash Flow: Exceptional (10/10)
- Stability: Exceptional (9/10)
- Valuation: Good (5/10)
- Ownership: Good (10/15)
Key Facts
Price: $169.13
Market Cap: $124.1B
Sector: Technology
Industry: Software - Infrastructure
Exchange: NASDAQ
Editorial rules set and reviewed by Felix Prehn, Economist and Editor. Figures are refreshed daily from Financial Modeling Prep and company filings; last refreshed 2026-10-16.



