Fortinet, Inc. (LON: 0IR9)
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]
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 StatementsNews
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.
Fortinet: Solid Growth But Overvalued After Recent Run
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.
Okta and Fortinet Stocks Catch Upgrades. Why This AI Name Was Downgraded.
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.
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...
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.
Fortinet: Cybersecurity Could Be A Critical Theme In 2025 And I Am Still Bullish
Fortinet, Inc. (FTNT) Barclays 22nd Annual Global Technology Conference (Transcript)
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...
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.
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...
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...
Fortinet Inc (FTNT) Achieves "AAA" Rating for FortiSASE in Cybersecurity Testing
Fortinet Inc (FTNT) Achieves "AAA" Rating for FortiSASE in Cybersecurity Testing
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...
Fortinet Inc (FTNT) Launches FortiAppSec Cloud for Enhanced Web Application Security
Fortinet Inc (FTNT) Launches FortiAppSec Cloud for Enhanced Web Application Security
Best ranking and performing Cybersecurity stocks: FSLY, NET, FTNT
Fortinet Inc (FTNT) Partners with Vancouver Canucks to Enhance Cybersecurity Infrastructure
Fortinet Inc (FTNT) Partners with Vancouver Canucks to Enhance Cybersecurity Infrastructure
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...
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%.
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...
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.
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...
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 ...
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...