Fortinet Up 100% YTD from AI Demand

FTNT offers cybersecurity solutions and services to enterprises, communication service providers, governments, and small to medium-sized businesses, with heavy demand currently for its AI offerings. The company’s first-quarter fiscal 2026 earnings report showed $1.85 billion in quarterly revenue (a 20% year-over-year jump), non-GAAP per-share earnings of $0.82 (a 41.4% rise), and full-year guidance calling for up to $7.87 billion in revenue.

It’s no wonder FTNT shares are up 100% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.

Fortinet Attracting Inflows

Institutional volumes reveal plenty. In the last year, FTNT has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in FTNT shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with Fortinet.

Fortinet Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, FTNT has had strong sales and earnings growth:

• 3-year sales growth rate (+15.5%)
• 3-year EPS growth rate (+32.7%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +8.5%.

Now it makes sense why the stock has been generating Big Money interest. FTNT has a track record of strong financial performance.

Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term.

Fortinet has been a top-rated stock at MoneyFlows. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s generated 116 outlier inflow signals since 2010 and is up 7,651% since the first one. The blue bars below show when FTNT was a top pick on the Outlier 20 report in the last decade…Big Money remains a buyer:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

Fortinet Price Prediction

The FTNT action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in FTNT at the time of publication.

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