Fortinet, Inc. (FTNT)
|Net Income (ttm)||674.00M|
|Day's Range||52.32 - 54.27|
|52-Week Range||48.73 - 74.35|
|Price Target||73.24 (+38.4%)|
|Earnings Date||Aug 3, 2022|
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end... [Read more...]
In 2021, Fortinet's revenue was $3.34 billion, an increase of 28.82% compared to the previous year's $2.59 billion. Earnings were $606.80 million, an increase of 24.22%.Financial Statements
According to 34 analysts, the average rating for FTNT stock is "Buy." The 12-month stock price forecast is 73.24, which is an increase of 38.45% from the latest price.
Fortinet is the Fastest Growing ZTNA Vendor, Customers Highlight the Benefits of Fortinet Universal ZTNA
According to the Gartner® Market Share report, Fortinet is ranked amongst the first five ZTNA vendors with the fastest growing revenue quarter-over-quarter and year-over-year According to the Gartner® M...
Fortinet is a leader in defending against growing cybersecurity threats.
Fortinet Inc. stock (NASDAQ: FTNT) is down 11% in the past week (five trading days), performing much worse than the S&P 500 which was up 0.5% over this period.
Fortinet (FTNT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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Fortinet's weak guidance causes sell-off among cybersecurity stocks, while MercadoLibre shares are rocketing higher after stellar quarterly results.
Fortinet's (FTNT) second-quarter results reflect gains from stellar growth in Fortinet Security Fabric, cloud and SD-WAN offerings.
Despite strong quarterly results delivered after the bell Wednesday, investors latched onto management's slightly disappointing revenue guidance.
Fortinet Inc. FTNT, -15.91% shares were on track for their worst day in nearly seven years Thursday after the cybersecurity company reported a slight beat on earnings and an unimpressive outlook. Fortin...
The software company lowers its fiscal-year forecast for service revenue to $2.62 billion to $2.67 billion, down from previous expectations of $2.64 billion to $2.7 billion.
Fortinet (FTNT) delivered earnings and revenue surprises of 9.09% and 0.43%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Fortinet Inc. FTNT, +4.16% shares fell in the extended session Wednesday after some of the cybersecurity company's outlook slipped below the Wall Street consensus following a slight beat. Fortinet share...
Fortinet reported second-quarter earnings, revenue and billings that topped estimates but revenue guidance came in below expectations. The post Fortinet Stock Falls On Weaker-Than-Expected Revenue Outlo...
Second Quarter 2022 Highlights
Fortinet Introduces the World's Fastest Compact Firewall for Hyperscale Data Centers and 5G Networks
New FortiGate 4800F series of hyperscale firewalls enables enterprises and MNOs to concurrently run more applications while reducing their physical footprint and more effectively securing their networks...
Fortinet (FTNT) possesses solid growth attributes, which could help it handily outperform the market.
Comcast Business Partners with Fortinet to Secure Enterprise Application Access with New SASE and SSE Solutions
PHILADELPHIA--(BUSINESS WIRE)--Comcast Business today announced a strategic partnership with Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, to deli...
Recently, Zacks.com users have been paying close attention to Fortinet (FTNT). This makes it worthwhile to examine what the stock has in store.
Fortinet Empowers Teams to Proactively Manage Cloud Risk with New Cloud-native Protection Offering, Available Now on AWS
FortiCNP simplifies cloud security, accelerates risk management, and delivers near-real-time threat protection with zero-permission malware detection capabilities FortiCNP simplifies cloud security, acc...
Cybersecurity is a rapidly growing industry, and these two leaders are poised to take advantage of that expansion.