FTNT Earnings
Wednesday, May 06 2026
EPS Estimate
$0.62
$0.60 – $0.67
Revenue Estimate
$1.7B
Current Price
$82.60
Our Position
bullishFTNT beats estimates, outpaces tech on relative strength
structured data
est. revisions stable
(+0.2pp / 30d)
Fortinet's relative outperformance in a weakening sector reflects sustained confidence in its SAS billings growth story. The beat validates near-term execution, but the equity's recovery trajectory depends on whether Q1 billings and service revenue acceleration can sustain the guidance momentum.
Watch: Q1 2026 service revenue and bookings trends will determine if the guidance raise sticks or deflates under demand pressure.
Data Signal Summary
1 bullish
2 bearish
Insider selling cluster
Put/call 0.1 (bullish skew)
Price downtrend
Key Context
Analyst Consensus
mixed
Insider Activity
selling
Price Trend
downtrend
From 52w High
-1.3%
P/E Ratio
34.1
Est. Revisions (30d)
+0.0% 2up/1dn
Analyst Target (mean)
$89 $64–$120 +8%
Options P/C Ratio
0.09 1C/0P unusual
Est. Dispersion
11% 39 analysts
Insider Cluster
strong sell
Fund Convergence
strong Citadel, Two Sigma, Renaissance, Bridgewater, D.E. Shaw
Recent Activity
insider trades
115 transactions
Other
·
HSIEH MING (Director)
·1,129 shares
Other
·
WHITTLE JOHN (Chief Operating Officer)
·34,627 shares
Other
·
SIM JUDITH KOON LIEN (Director)
·1,130 shares
Other
·
STAVRIDIS JAMES G (Director)
·1,130 shares
Other
·
GOLDMAN KENNETH ALLEN (Director)
·1,130 shares
110 more
Other
·
HSIEH MING
·1,130 shr
Other
·
NAPOLITANO JANET ANN
·1,677 shr
Other
·
SIM JUDITH KOON LIEN
·649 shr
Other
·
STAVRIDIS JAMES G
·649 shr
Other
·
GOLDMAN KENNETH ALLEN
·649 shr
Other
·
HSIEH MING
·649 shr
Other
·
NAPOLITANO JANET ANN
·649 shr
Other
·
HU JEAN X
·649 shr
Sell
·
OHLGART CHRISTIANE MARGRIT
·507 shr
·$40,930
Exercise
·
XIE KENNETH QING
·222,928 shr
·$2,279,202
Sell
·
XIE MICHAEL
·343,106 shr
·$27,935,333
Exercise
·
XIE MICHAEL
·365,345 shr
·$5,479,768
Sell
·
XIE KENNETH QING
·175,737 shr
·$14,308,447
Other
·
WHITTLE JOHN
·29,132 shr
Other
·
OHLGART CHRISTIANE MARGRIT
·3,285 shr
Other
·
XIE MICHAEL
·245,000 shr
Sell
·
OHLGART CHRISTIANE MARGRIT
·110 shr
·$9,515
Sell
·
XIE MICHAEL
·3,546 shr
·$306,825
Sell
·
XIE KENNETH QING
·158,485 shr
·$13,710,381
Exercise
·
XIE KENNETH QING
·166,832 shr
·$2,534,700
Other
·
XIE MICHAEL
·7,035 shr
Other
·
WHITTLE JOHN
·4,615 shr
Other
·
OHLGART CHRISTIANE MARGRIT
·685 shr
Other
·
XIE MICHAEL
·35,000 shr
Sell
·
OHLGART CHRISTIANE MARGRIT
·110 shr
·$10,830
Sell
·
XIE MICHAEL
·476,596 shr
·$46,936,043
Sell
·
XIE KENNETH QING
·158,486 shr
·$15,607,891
Exercise
·
XIE KENNETH QING
·166,833 shr
·$2,534,700
Other
·
XIE MICHAEL
·7,035 shr
Other
·
WHITTLE JOHN
·4,616 shr
Other
·
OHLGART CHRISTIANE MARGRIT
·684 shr
Other
·
NEUKOM WILLIAM H
·1,130 shr
Other
·
WILDEROTTER MARY AGNES
·1,130 shr
Buy
·
NEUKOM WILLIAM H
·335 shr
·$34,912
Sell
·
OHLGART CHRISTIANE MARGRIT
·1,164 shr
·$121,883
Other
·
XIE MICHAEL
·3,853,124 shr
Sell
·
XIE MICHAEL
·3,546 shr
·$376,274
Sell
·
XIE KENNETH QING
·158,488 shr
·$16,814,799
Exercise
·
XIE KENNETH QING
·166,837 shr
·$2,534,700
Other
·
XIE MICHAEL
·7,036 shr
Other
·
WHITTLE JOHN
·4,614 shr
Other
·
OHLGART CHRISTIANE MARGRIT
·7,120 shr
Other
·
JENSEN KEITH FRANKLIN
·6,289 shr
Sell
·
GOLDMAN KENNETH ALLEN
·2,000 shr
·$200,000
Sell
·
XIE MICHAEL
·326,784 shr
·$32,079,517
Sell
·
GOLDMAN KENNETH ALLEN
·1,000 shr
·$99,320
Sell
·
XIE KENNETH QING
·206,000 shr
·$19,967,936
Exercise
·
XIE KENNETH QING
·150,000 shr
·$2,534,700
Buy
·
NEUKOM WILLIAM H
·328 shr
·$34,878
Sell
·
JENSEN KEITH FRANKLIN
·17,660 shr
·$1,928,064
Exercise
·
JENSEN KEITH FRANKLIN
·17,660 shr
·$764,579
Sell
·
JENSEN KEITH FRANKLIN
·23,500 shr
·$2,668,563
Exercise
·
XIE MICHAEL
·473,050 shr
·$4,641,567
Sell
·
XIE KENNETH QING
·45,421 shr
·$4,891,067
Exercise
·
XIE KENNETH QING
·83,334 shr
·$817,673
Other
·
XIE KENNETH QING
·3,883,866 shr
Other
·
XIE MICHAEL
·50,351 shr
Other
·
JENSEN KEITH FRANKLIN
·43,921 shr
Other
·
XIE KENNETH QING
·111,072 shr
Sell
·
XIE KENNETH QING
·46,057 shr
·$4,273,793
Exercise
·
XIE KENNETH QING
·83,333 shr
·$817,663
Sell
·
XIE KENNETH QING
·45,844 shr
·$4,432,990
Buy
·
NEUKOM WILLIAM H
·355 shr
·$34,968
Other
·
XIE MICHAEL
·40,000 shr
Sell
·
JENSEN KEITH FRANKLIN
·17,650 shr
·$1,688,337
Exercise
·
JENSEN KEITH FRANKLIN
·17,650 shr
·$764,097
Sell
·
JENSEN KEITH FRANKLIN
·4,250 shr
·$386,013
Sell
·
XIE KENNETH QING
·45,834 shr
·$4,527,749
Sell
·
WHITTLE JOHN
·38,495 shr
·$3,293,666
Exercise
·
WHITTLE JOHN
·38,495 shr
·$650,489
Sell
·
JENSEN KEITH FRANKLIN
·56,705 shr
·$4,840,490
Exercise
·
JENSEN KEITH FRANKLIN
·56,705 shr
·$3,521,834
Sell
·
XIE MICHAEL
·24,712 shr
·$1,948,883
Other
·
XIE MICHAEL
·9,349 shr
Other
·
WHITTLE JOHN
·5,333 shr
Other
·
JENSEN KEITH FRANKLIN
·8,458 shr
Other
·
XIE KENNETH QING
·23,610 shr
Sell
·
XIE KENNETH QING
·46,609 shr
·$3,834,222
Other
·
NEUKOM WILLIAM H
·1,129 shr
Other
·
WILDEROTTER MARY AGNES
·1,129 shr
Other
·
SIM JUDITH KOON LIEN
·1,129 shr
Other
·
STAVRIDIS JAMES G
·1,129 shr
Other
·
GOLDMAN KENNETH ALLEN
·1,129 shr
Other
·
HU JEAN X
·1,130 shr
Other
·
HU JEAN X
·1,129 shr
Sell
·
XIE KENNETH QING
·47,049 shr
·$3,544,807
Sell
·
JENSEN KEITH FRANKLIN
·11,985 shr
·$905,465
Exercise
·
JENSEN KEITH FRANKLIN
·11,985 shr
·$412,116
Sell
·
WHITTLE JOHN
·103,325 shr
·$7,770,774
Exercise
·
WHITTLE JOHN
·103,325 shr
·$1,013,825
Sell
·
JENSEN KEITH FRANKLIN
·4,250 shr
·$321,636
Sell
·
XIE KENNETH QING
·47,432 shr
·$3,418,118
Sell
·
XIE MICHAEL
·24,712 shr
·$1,386,707
Other
·
XIE MICHAEL
·9,348 shr
Other
·
WHITTLE JOHN
·5,328 shr
Other
·
XIE KENNETH QING
·23,615 shr
Sell
·
XIE KENNETH QING
·48,513 shr
·$2,902,950
Other
·
NEUKOM WILLIAM H
·827 shr
Other
·
WILDEROTTER MARY AGNES
·550 shr
Other
·
SIM JUDITH KOON LIEN
·827 shr
Other
·
STAVRIDIS JAMES G
·827 shr
Other
·
GOLDMAN KENNETH ALLEN
·827 shr
Other
·
HSIEH MING
·827 shr
Other
·
HU JEAN X
·827 shr
Sell
·
XIE KENNETH QING
·48,491 shr
·$2,903,577
Buy
·
NEUKOM WILLIAM H
·586 shr
·$34,898
Sell
·
JENSEN KEITH FRANKLIN
·57,750 shr
·$3,428,621
Exercise
·
JENSEN KEITH FRANKLIN
·36,700 shr
·$1,115,641
Sell
·
XIE KENNETH QING
·48,492 shr
·$2,932,562
Sell
·
XIE MICHAEL
·24,710 shr
·$1,593,183
analyst ratings
2 ratings
Cantor Fitzgerald
→Neutral
13h ago
Mizuho
→Underperform
7d ago
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