capital · May 20, 2026

Fortinet Shares Reach New 12-Month High of $126.61 on May 19, 2026

Fortinet shares hit a new 12-month high of $126.61 on May 19, 2026, closing at $126.50 with volume exceeding 5.6 million shares. The company reported first-quarter 2026 earnings per share of $0.82 on revenue of $1.85 billion, both ahead of analyst forecasts of $0.62 and $1.73 billion respectively. Fortinet raised its full-year 2026 diluted non-GAAP earnings per share guidance to $3.100 to $3.160. Chief Executive Officer Ken Xie sold 5,355 shares for $476,000 and Vice President Michael Xie sold 2,478 shares for $220,000 under Rule 10b5-1 tax-withholding plans in May 2026.