MEDIUM confidence: 100% data completeness, but the composite (58) sits in the indecisive 30–70 range — strong-buy and short calls require a more decisive composite. What does confidence mean?
Technical context for active traders — derived from price, the 50/200-day moving averages, the 52-week range, and recent volume. Not part of the QScore.
Fama-French 5-factor (2×3) + Momentum, monthly OLS with Newey-West errors. Bars show signed factor betas; faded bars/figures aren't statistically significant.
Dated events from the market calendar; the “also watch” items are AI-generated observations from QScoring data. Informational only — not investment advice, and dates can change.
AI classification of policy/regulatory sensitivity from the company's sector, industry, and business description. Exposure/sensitivity only — not a political opinion, a prediction of government action, or investment advice. As of 2026-07-10.
Avg target $163 (last qtr, 28 analysts) → $164 (last mo, 24) (+1.0%).
Buy-rated share 24% → 25% over ~3 months (+1pp).
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jul 2026 | $0.75 | $0.90 | +20.6% |
| May 2026 | $0.62 | $0.82 | +32.5% |
| Feb 2026 | $0.74 | $0.81 | +9.0% |
| Nov 2025 | $0.63 | $0.74 | +17.3% |
| Aug 2025 | $0.59 | $0.64 | +8.5% |
| May 2025 | $0.53 | $0.58 | +9.2% |
| Feb 2025 | $0.60 | $0.74 | +23.3% |
| Nov 2024 | $0.52 | $0.63 | +21.2% |
| Metric (USD) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $3.3B— | $4.4B+32.2% | $5.3B+20.1% | $6.0B+12.3% | $6.8B+14.2% |
| EPS (dil.) | $0.73— | $1.06+45.2% | $1.46+37.7% | $2.26+54.8% | $2.43+7.5% |
| Free Cash Flow | $1.2B— | $1.4B+20.4% | $1.7B+19.5% | $1.9B+8.5% | $2.2B+18.4% |
| Gross Margin | 76.6% | 75.4%-1.1pp | 76.7%+1.2pp | 80.6%+3.9pp | 80.8%+0.3pp |
| Operating Margin | 19.5% | 21.9%+2.5pp | 23.4%+1.4pp | 30.3%+6.9pp | 30.6%+0.3pp |
| Net Margin | 18.2% | 19.4%+1.3pp | 21.6%+2.2pp | 29.3%+7.7pp | 27.3%-2.0pp |
Absolute figures with year-over-year change. Margins show the level with the change in percentage points (pp). “n/m” = not meaningful (prior ≤ 0); ⚠ marks a large percentage off a small base — read the dollar figure.
Net buyback (repurchases less issuance) ÷ market cap, plus trailing dividend yield.
Net insider -$69.8M over 180 days (0 open-market buys, 32 sells). Insider buying is the informative signal; routine selling is normal.
Short interest, days-to-cover, and institutional-ownership change require a data-plan upgrade (not yet available).
Forward-return IC, quintile spread & hit rate publish on /performance as the tracking panel accrues enough no-look-ahead history.
Working the DCF backward: holding the assumptions below, this is the free-cash-flow growth today's price implies over the next 10 years. It is a read on the price's embedded expectations — not a fair-value or target price.
The price implies FCF growth above the analyst consensus of 10.8%/yr (revenue basis).
Base free cash flow $1.9B (avg FY2023–FY2025; latest year $2.2B) · equity value $119.5B · levered FCF discounted at the cost of equity. Reverse DCF is illustrative, not advice.
The QScore of 58 for FTNT suggests a moderately favorable outlook, driven by strong momentum and profitability scores of 62 and 68, respectively. The stock's high return on equity near 188% and gross margin of 80.4% contribute to its strong profitability. However, its value score of 36 is a drag, due to a P/E of 57.0 and P/B of 77.3, indicating the stock trades at a premium. The short-term score is slightly higher than the long-term score, at 61 versus 56.