Shares of Fortinet, Inc. (FTNT) gain 5,853% since institutions first bought big in 2010.
FTNT offers cybersecurity solutions to enterprises, communication service providers, governments, and small to medium-sized businesses, and it’s experiencing heavy demand related to its AI offerings. Its first-quarter fiscal 2026 earnings report showed $1.85 billion in quarterly revenue (a 20% year-over-year jump), per-share earnings of $0.72 (a 29% rise), and full-year guidance calling for up to $7.87 billion in revenue.
It’s no wonder FTNT shares are up 53% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.
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.
Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, FTNT has had strong sales and earnings growth:
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 recently became 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 111 outlier inflow signals since 2010 and is up 5,853% since the first one. The blue bars below show when FTNT was a top pick on the Outlier 20 report…this is an institutional cornerstone:
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.
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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Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.