FTNT

Stock

Fortinet, Inc.

One email when a drop — in price or in valuation — is historically rare for FTNT. Otherwise we stay quiet.

At all-time high

Nothing to see here.

Fortinet, Inc. is at — or within a whisker of — its all-time high. Nothing to measure; go live your life, we're watching.

Price $166.83 · as of Jul 14, 2026All-time high $166.83Drawdown 0.0%Severity Score™ 0.0
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At All-Time High

Current Drawdown

0.0%

Days in Drawdown

0

Avg Max Drawdown

5.7%

Avg Length

39

Drawdown Severity Score™

0.0

FTNT - Price & High Water Mark

FTNT - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 12, 2026 · updated daily

Where today's valuation sits within FTNT's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

16.5xSeverity Score 0.0 · In or above its typical range
Low: 4.2xMedian: 8.4xHigh: 19.7x

Fortinet, Inc. has been cheaper on this measure only about 96% of the time in 17 years of daily history.

16.5% below its highest Price to Sales reading · high date December 27, 2021

Price to Sales history

EV to EBITDA

46.9xSeverity Score 0.6 · In or above its typical range
Low: 24.3xMedian: 44.5xHigh: 133.2x

Fortinet, Inc. has been cheaper on this measure only about 57% of the time in 17 years of daily history.

64.8% below its highest EV to EBITDA reading · high date September 7, 2016

EV to EBITDA history · log scale

How we measure valuation

Fortinet, Inc. (FTNT) Analysis: Current Drawdown Insights

Fortinet, Inc. is currently at or near its all-time high. As of 2026-07-14, the stock is trading at $166.83, which matches its all-time high of $166.83. There is no current drawdown to report.

Based on its full tracked price history, Fortinet, Inc. typically experiences drawdowns averaging 5.7% in depth, with an average duration of 39 days. Fortinet, Inc. has gone through 148 total drawdown events in its tracked history. The largest drawdown on record for Fortinet, Inc. was 51.2%, beginning in 2015. The longest drawdown duration on record was 983 days.

The Drawdown Severity Score™ for Fortinet, Inc. currently stands at 0.00. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. With the stock at all-time highs, there is no drawdown to measure.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Fortinet, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Showing the most recent and the deepest of 148 tracked pullbacks (64 listed). Each row shows when a drawdown started, how deep it went, and how long recovery took.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-07-022026-07-065 days-1.7%$158.98$156.25$162.35
2026-06-302026-07-012 days-1.2%$155.42$153.62$158.98
2026-06-052026-06-2521 days-7.5%$149.67$138.39$149.93
2026-06-032026-06-042 days-1.6%$148.86$146.48$149.67
2026-05-272026-05-293 days-4.5%$133.96$127.93$137.97
2026-05-212026-05-222 days-0.4%$130.00$129.46$133.93
2026-05-122026-05-132 days-1.4%$115.44$113.87$117.69
2025-02-202026-05-11445 days-35.1%$114.57$74.39$115.44
2025-02-112025-02-133 days-1.7%$109.55$107.70$109.98
2025-02-062025-02-072 days-0.3%$105.07$104.72$107.66
2025-01-312025-02-045 days-0.0%$100.93$100.88$102.78
2025-01-292025-01-302 days-0.5%$99.83$99.33$100.93
2024-12-092025-01-2851 days-6.8%$99.21$92.49$99.83
2024-11-132024-12-0624 days-8.4%$99.15$90.79$99.21
2024-10-142024-11-0725 days-6.0%$82.87$77.92$83.68
2023-07-182024-10-09450 days-38.3%$80.28$49.52$80.33
2023-07-122023-07-143 days-2.0%$78.32$76.72$78.92
2023-07-032023-07-108 days-1.7%$75.59$74.31$77.86
2023-06-162023-06-2712 days-3.4%$73.59$71.06$73.66
2021-12-282023-06-15534 days-37.5%$73.53$45.93$73.59
2021-11-092021-12-2749 days-16.8%$70.24$58.41$73.53
2021-11-012021-11-044 days-3.6%$67.27$64.82$67.68
2021-10-252021-10-295 days-4.4%$67.06$64.12$67.27
2021-09-072021-10-1842 days-10.1%$64.04$57.58$65.35
2021-08-312021-09-034 days-3.4%$63.88$61.69$64.04
2021-08-162021-08-2611 days-5.4%$61.87$58.54$62.03
2021-08-052021-08-128 days-1.8%$60.80$59.73$61.13
2021-07-262021-08-028 days-1.7%$55.14$54.23$56.92
2021-07-192021-07-202 days-0.7%$51.69$51.33$52.77
2021-07-142021-07-163 days-0.5%$51.41$51.17$51.69
2021-07-122021-07-132 days-0.4%$51.36$51.16$51.41
2021-07-082021-07-092 days-0.2%$50.67$50.59$51.36
2021-06-292021-07-024 days-3.6%$49.41$47.64$49.61
2021-06-232021-06-253 days-0.8%$48.38$48.00$48.41
2021-06-182021-06-214 days-1.4%$47.40$46.73$47.58
2021-06-152021-06-173 days-0.6%$46.29$46.01$47.40
2021-06-112021-06-144 days-0.0%$45.79$45.79$46.29
2021-06-092021-06-102 days-0.8%$45.47$45.10$45.79
2021-06-012021-06-044 days-1.6%$43.71$43.00$44.35
2021-05-212021-05-244 days-0.7%$42.46$42.17$42.61
2021-05-102021-05-2011 days-7.0%$42.35$39.41$42.46
2021-05-062021-05-072 days-1.4%$41.88$41.30$42.35
2021-04-202021-05-0415 days-5.2%$41.23$39.09$41.36
2021-04-142021-04-152 days-0.4%$40.01$39.86$41.11
2021-04-122021-04-132 days-0.3%$39.52$39.42$40.01
2021-04-072021-04-082 days-1.0%$38.94$38.57$39.32
2021-03-162021-04-0622 days-10.8%$38.41$34.25$38.94
2021-03-032021-03-097 days-5.4%$34.67$32.79$35.15
2021-02-222021-03-018 days-2.3%$34.39$33.60$34.65
2021-02-052021-02-084 days-1.0%$31.40$31.10$31.89
2020-07-102020-12-22166 days-26.2%$29.92$22.07$30.43
2020-05-212020-07-0849 days-10.5%$29.12$26.07$29.27
2020-02-072020-05-0790 days-37.6%$24.27$15.14$27.02
2019-04-162019-11-08207 days-26.9%$19.04$13.93$19.25
2018-10-022019-04-12193 days-29.0%$18.46$13.10$18.54
2015-08-062018-02-15925 days-51.2%$9.77$4.77$9.86
2015-01-282015-02-1115 days-10.0%$6.49$5.84$6.56
2012-04-092014-12-17983 days-41.9%$5.69$3.31$5.70
2011-07-072012-04-02271 days-42.3%$5.63$3.25$5.68
2011-06-022011-06-2322 days-10.2%$4.97$4.46$5.02
2011-05-022011-06-0131 days-9.3%$4.87$4.42$4.97
2011-04-062011-04-2823 days-14.9%$4.45$3.79$4.78
2011-01-182011-01-269 days-9.2%$3.74$3.39$3.96
2010-01-112010-08-31232 days-25.4%$2.01$1.50$2.04

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Fortinet, Inc. (FTNT) is trading at $166.83 as of Jul 14, 2026. It is at its high of $166.83. The drawdown has lasted 0 days. Severity score: 0.0 (At All-Time High).

FTNT Price History and Drawdown Data

Latest price

$166.83

High-water mark

$166.83

Current drawdown

0.0%

Days in drawdown

0

This FTNT page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Fortinet, Inc. drawdowns.

What History Says About FTNT

Fortinet, Inc. has dropped 30%+ from its high 7 times in its tracked history. These events lasted an average of 528 days with an average max drop of -40.6%.

PeriodMax DropDuration
Aug 2015 to Feb 2018-51.2%925 days
Jul 2011 to Apr 2012-42.3%271 days
Apr 2012 to Dec 2014-41.9%983 days
Jul 2023 to Oct 2024-38.3%450 days
Feb 2020 to May 2020-37.6%90 days
Dec 2021 to Jun 2023-37.5%534 days

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