Fortinet, Inc. (LON: 0IR9)

London flag London · Delayed Price · Currency is GBP · Price in USD
98.02
+0.45 (0.46%)
Jan 23, 2025, 8:01 AM BST
60.95%
Market Cap 61.14B
Revenue (ttm) 4.26B
Net Income (ttm) 1.14B
Shares Out n/a
EPS (ttm) 1.49
PE Ratio 53.56
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 109
Average Volume 10,905
Open 98.02
Previous Close 97.57
Day's Range 98.02 - 98.02
52-Week Range 43.64 - 98.02
Beta 1.00
RSI 59.06
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

Prediction: 1 Stock That Will Be Worth More Than Palo Alto Networks 1 Year From Now

Fortinet's lower valuation might make it a better buy than Palo Alto.

3 days ago - The Motley Fool

Understanding Microsoft's Position In Software Industry Compared To Competitors

In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry o...

7 days ago - Benzinga

Hackers are exploiting a new Fortinet firewall bug to breach company networks

Security researchers say "tens" of Fortinet devices have been compromised so far as part of the weeks-long hacking campaign. © 2024 TechCrunch. All rights reserved. For personal use only.

8 days ago - TechCrunch

Fortinet Inc (FTNT) Strengthens Partnership with Pittsburgh Steelers for Enhanced Network Security

Fortinet Inc (FTNT) Strengthens Partnership with Pittsburgh Steelers for Enhanced Network Security

13 days ago - GuruFocus

Cybercrime Surge Fuels Demand For Cybersecurity ETFs

China-linked Salt Typhoon hackers breached nine companies, Russian-backed groups targeted Ukrainian military devices via Starlink, and Cyberhaven’s browser extension fell victim to hijacking. These he...

16 days ago - Benzinga

Fortinet gets rating upgrade, among top picks for 2025 at Piper Sandler

Fortinet's (FTNT) stock rose about 3% premarket on Monday after Piper Sandler upgraded the shares to Overweight from Neutral.

16 days ago - Seeking Alpha

Fortinet warns cybercrime-as-a-service groups getting more sophisticated

GLOBAL cybersecurity provider Fortinet recently warned that Cybercrime-as-a-Service (CaaS) groups are becoming increasingly specialized, and attackers are adopting playbooks that blend digital and phy...

19 days ago - BusinessMirror

Fortinet Inc (FTNT) Announces Upcoming Financial Results Conference Call

Fortinet Inc (FTNT) Announces Upcoming Financial Results Conference Call

20 days ago - GuruFocus

Fortinet to Announce Fourth Quarter and Full Year 2024 Financial Results

SUNNYVALE, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) -- News Summary  Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will ...

20 days ago - GlobeNewsWire

Industry Comparison: Evaluating Microsoft Against Competitors In Software Industry

In the dynamic and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry compar...

21 days ago - Benzinga

S&P 500 Winners Fortinet, Boston Scientific Lead 5 Stocks Near Buy Points

S&P 500 components Fortinet and Boston Scientific are among five stocks to watch near buy points as 2024 comes to a close.

25 days ago - Investor's Business Daily

Big Money Locking Up Fortinet Shares

Cybersecurity firm Fortinet, Inc. (FTNT) is expanding around the world while drawing Big Money inflows.

26 days ago - FX Empire

Competitor Analysis: Evaluating Microsoft And Competitors In Software Industry

In today's fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we...

4 weeks ago - Benzinga

Market Analysis: Microsoft And Competitors In Software Industry

In the fast-paced and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry com...

4 weeks ago - Benzinga

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.

4 weeks 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 weeks 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 weeks 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 weeks 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.

5 weeks 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...

6 weeks ago - Benzinga