Fortinet stock trades at EUR 152.58 ahead of October 28 results

Published on 10/20/2026 at 11:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fortinet stock costs EUR 152.58 on October 20, 2026 at Lang & Schwarz. Second-quarter revenue rose 25.60 percent to USD 2.05 billion.

Results and product expansion

Fortinet completed the Virtue AI acquisition on August 17, 2026.
Third-quarter revenue guidance spans USD 2.010 billion to USD 2.100 billion.
Fortinet stock was trading at EUR 152.58 at 11:16 a.m. CEST at Lang & Schwarz on October 20, 2026.

NASDAQ-Börsenparkett mit Händlern und großen Bildschirmen mit Tech-Cybersecurity-Sektorkursen — Fortinet Inc. NASDAQ Börsen Parkett mit Händlern und Cyber Sicherheits Sektor Kursen ISIN US34959E1091, Illustration mit AI erstellt.

Fortinet Inc. (ISIN US34959E1091) was trading at EUR 152.58 at Lang & Schwarz on October 20, 2026 at 11:16 a.m. CEST. The next company-specific test is the third-quarter report scheduled for October 28, 2026, according to Simply Wall St.

Recent results set the bar

Fortinet reported second-quarter revenue of USD 2.05 billion on July 29, 2026, up 25.60 percent from the prior year. According to MarketBeat, adjusted earnings per share reached USD 0.90 against a USD 0.75 consensus estimate, while the prior-year figure was USD 0.64.

The company also guided for third-quarter revenue of USD 2.010 billion to USD 2.100 billion and earnings per share of USD 0.830 to USD 0.870. That range gives the October 28 report a clear numerical benchmark rather than a broad growth narrative.

What changed before October 28?

Fortinet acquired Virtue AI on August 17, 2026, a transaction listed by Simply Wall St. The deal adds an AI security angle to the product portfolio, but the next report will show whether that strategy is translating into the guided revenue range.

Three dated company markers

On July 29, 2026, Fortinet reported USD 2.05 billion in quarterly revenue, according to MarketBeat. On August 17, 2026, it completed the Virtue AI acquisition, according to Simply Wall St. On October 2, 2026, Fortinet announced its October 28 results date, also reported by Simply Wall St.

Analyst targets remain divided

On October 15, 2026, Mizuho raised its Fortinet target from USD 138 to USD 160 while retaining an Underperform rating, according to Markets Insider. Wells Fargo raised its target from USD 135 to USD 160 while keeping an Underweight rating, according to MarketBeat. The split view makes the October 28 revenue and earnings figures more important than any single target.

Upcoming dates for Fortinet

Fortinet is scheduled to report third-quarter results on October 28, 2026, at 4:00 p.m. Eastern Time, according to Simply Wall St. Fortinet also lists its Security Operations Summit for November 4, 2026, on its corporate website at Fortinet.

Stock price and investor context

Fortinet's primary listing is Nasdaq under ticker FTNT, as identified by MarketBeat. The finance quote showed a USD 125.8 billion market capitalization, with a 52-week range of USD 73.55 to USD 197.13 as of October 19, 2026. The price therefore sits below the reported yearly high, while the upcoming report supplies the next concrete test of the valuation.

The stock was trading at EUR 152.58 at Lang & Schwarz on October 20, 2026 at 11:16 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Fortinet stock.