Stock AnalizFortinet (FTNT) earnings for the quarter ended September 2026: EPS beats estimates
Fortinet reported results for the quarter ended September 2026 on October 28, 2026. Adjusted earnings per share came in at $0.91 against the analysts’ average forecast of $0.86, a beat of 6.0%.
Revenue for the quarter was $2.08 billion, up 20.5% from $1.72 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 24.8% on the first trading day after the report.
The last four quarters
Fortinet has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $0.91 | $0.86 | +6.0% | +20% | −24.8% |
| Jun 2026 | $0.90 | $0.75 | +20.5% | +26% | +2.9% |
| Mar 2026 | $0.82 | $0.62 | +32.6% | +20% | +20.1% |
| Dec 2025 | $0.81 | $0.74 | +8.9% | +15% | +2.0% |
What comes next
Analysts expect EPS of $0.94 for the next quarter on average and $3.56 for the fiscal year ending December 31, 2026.
The average analyst price target is $145.03, 14% above the current price of $127.22.
Valuation and score
Fortinet scores 3.6 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 41.4, and its intrinsic value under moderate assumptions is about 22% below the current market value. Full Fortinet analysis with 10 years of financials
Frequently asked questions
What was Fortinet’s EPS for the quarter ended September 2026?
$0.91 adjusted per share, against an analyst consensus of $0.86.
How much revenue did Fortinet report?
$2.08 billion, up 20.5% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.