Fortinet, Inc. (LON: 0IR9)

London flag London · Delayed Price · Currency is GBP · Price in USD
98.03
+3.33 (3.52%)
Dec 23, 2024, 7:32 AM BST
70.67%
Market Cap 59.25B
Revenue (ttm) 4.26B
Net Income (ttm) 1.14B
Shares Out n/a
EPS (ttm) 1.49
PE Ratio 51.91
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 38
Open 98.03
Previous Close 94.70
Day's Range 98.03 - 98.03
52-Week Range 43.64 - 98.03
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Feb 6, 2025

About Fortinet

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products... [Read more]

Industry Software - Services
Sector Technology
Founded 2000
Employees 13,568
Stock Exchange London Stock Exchange
Ticker Symbol 0IR9
Full Company Profile

Financial Performance

In 2023, Fortinet's revenue was $5.30 billion, an increase of 20.09% compared to the previous year's $4.42 billion. Earnings were $1.15 billion, an increase of 33.89%.

Financial numbers in USD Financial Statements

News

Firewall Leader Soars 60% Wearing Two AI Hats; Strong Sales Outlook Gives Boost

Firewall and cybersecurity tools provider Fortinet is near an all-time high and buy point. Shares have rallied 60% this year.

3 days ago - Investor's Business Daily

Okta, Fortinet, C3.ai in focus as KeyBanc switches ratings

Okta (OKTA), Fortinet (FTNT) and C3.ai (AI) were in focus on Thursday as investment firm KeyBanc Capital Markets upgraded the first two and downgraded the third. Read for more.

4 days ago - Seeking Alpha

Fortinet, IBD Stock Of The Day, Leads Cybersecurity Industry Group Amid 70% Rally

Fortinet stock has rallied 70% this year and is a top-ranked stock in IBD's cybersecurity category.

5 days ago - Investor's Business Daily

Inquiry Into Microsoft's Competitor Dynamics In Software Industry

Amidst today's fast-paced and highly competitive business environment, it is crucial for investors and industry enthusiasts to conduct comprehensive company evaluations. In this article, we will delve...

5 days ago - Benzinga

S&P 500 Banking Giant Leads Five Stocks To Watch Amid Market Rally

Goldman Sachs and Fortinet are among the stocks investors should keep tabs on as the stock market rally holds up.

9 days ago - Investor's Business Daily

Comparing Microsoft With Industry Competitors In Software Industry

In today's fast-paced and highly competitive business world, it is crucial for investors and industry followers to conduct comprehensive company evaluations. In this article, we will delve into an ext...

11 days ago - Benzinga

Local cyber industry grows rapidly

The cybersecurity industry in Thailand continues to grow, though a skills shortage is leading to cyber breaches, says industry firm Fortinet.

13 days ago - Bangkok Post

In-Depth Analysis: Microsoft Versus Competitors In Software Industry

In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a comprehensive...

13 days ago - Benzinga

Analyzing Microsoft In Comparison To Competitors In Software Industry

In today's rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct comprehensive company evaluations. In this article, we will undert...

17 days ago - Benzinga

Fortinet Inc (FTNT) Achieves "AAA" Rating for FortiSASE in Cybersecurity Testing

Fortinet Inc (FTNT) Achieves "AAA" Rating for FortiSASE in Cybersecurity Testing

18 days ago - GuruFocus

Fortinet Achieves the Highest Possible “AAA” Rating on the Industry's Only Independent, Third-Party Security Service Edge Test

FortiSASE earned high scores in all four test categories, highlighting its ability to deliver robust, cloud-delivered security while ensuring efficient network performance FortiSASE earned high scores...

19 days ago - GlobeNewsWire

Fortinet Inc (FTNT) Launches FortiAppSec Cloud for Enhanced Web Application Security

Fortinet Inc (FTNT) Launches FortiAppSec Cloud for Enhanced Web Application Security

19 days ago - GuruFocus

Fortinet Inc (FTNT) Partners with Vancouver Canucks to Enhance Cybersecurity Infrastructure

Fortinet Inc (FTNT) Partners with Vancouver Canucks to Enhance Cybersecurity Infrastructure

21 days ago - GuruFocus

Vancouver Canucks Hockey Team Announces Fortinet as Its “Preferred Partner,” Selects Fortinet Security Fabric Platform and Secure SD-WAN

Fortinet's industry-leading solutions will enable Canucks Sports & Entertainment to protect its data center, securely connect its facilities, and detect and resolve network and security issues Fortine...

21 days ago - GlobeNewsWire

Cybersecurity Stocks To Watch: Zscaler, Okta, SentinelOne Earnings Due

Cybersecurity stocks rank No. 77 out of 197 IBD industry groups. Fortinet stock has gained 62% in 2024, CrowdStrike 35% and Palo Alto 31%.

21 days ago - Investor's Business Daily

Industry Comparison: Evaluating Microsoft Against Competitors In Software Industry

In today's rapidly changing and highly competitive business world, it is imperative for investors and industry observers to carefully assess companies before making investment choices. In this article...

24 days ago - Benzinga

Fortinet Targets 45% Growth-Margin Combo, $450 Million Refresh Boost: Analysts See Big Upside

On November 7, Fortinet reported third-quarter revenue of $1.51 billion, up 13%, topping the consensus estimate of $1.48 billion. Product revenue was up 1.7% to $473.9 million.

4 weeks ago - Benzinga

Fortinet, Inc. (FTNT) Needham Security, Networking, & Communications Conference (Transcript)

Fortinet, Inc. (NASDAQ:FTNT) Needham Security, Networking, & Communications Conference November 19, 2024 9:30 AM ET Company Participants Keith Jensen - CFO John Whittle - COO Christiane Ohlgart - Chi...

4 weeks ago - Seeking Alpha

Fortinet Expands Global Presence with New Company-Owned Innovation Hub in Atlanta

Newly acquired 10-story building will be transformed into newest Innovation Hub from Fortinet, including FortiCloud Point of Presence, Executive Briefing Center, Training Facility, and Support Center ...

5 weeks ago - GlobeNewsWire

The Underdog Breaks Through: Maintaining Fortinet With A Buy

Fortinet's stock dipped post-earnings due to reduced guidance but rebounded as it beat revenue and EPS consensus, showing resilience and investor confidence. I maintain a buy rating on FTNT, driven by...

5 weeks ago - Seeking Alpha