Fortinet, Inc. (FTNT)
|Net Income (ttm)||488.50M|
|Trading Day||February 25|
|Day's Range||165.87 - 170.58|
|52-Week Range||70.20 - 172.41|
Impressive top-line growth and improving margins can send this cybersecurity play higher.
Fortinet Inc (NASDAQ: FTNT) priced $500 million 1% notes due 2026 and $500 million 2.2% notes due 2031 in a debt offering. The offering is expected to close on March 5, 2021.
SUNNYVALE, Calif., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Fortinet, Inc. (Nasdaq: FTNT) announced today that it has priced its underwritten, registered public offering of $1.0 billion aggregate pri...
Let's check out the fourth-quarter results of some of the cyber security firms that have the largest allocation to the ETFs in this niche area of the technology sector.
Technology was a big 2020 winner and has started 2021 out the same way. Many top software stocks have had an outstanding start to the year.
The market itself is sitting at lofty valuations, but several S&P 500 stocks are extremely overheated. Consider giving these 10 picks a little time to cool off.
The cybersecurity firm is outpacing average industry growth by a wide margin.
With the trading day about halfway over, the broad markets were trading sideways into the weekend.
Fortinet's (FTNT) fourth-quarter 2020 results reflect gains from stellar growth in Fortinet Security Fabric, cloud and SD-WAN offerings.
Fortinet (FTNT) delivered earnings and revenue surprises of 10.42% and 3.55%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Fortinet (NASDAQ:FTNT) rose in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 39.47% over the past year to $1.06, which beat...
Fourth Quarter 2020 Highlights
Fortinet's (FTNT) Q4 results are likely to reflect a robust product portfolio and increased demand for IT security. However, high capex is likely to have been a headwind.
Fortinet (FTNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
FortiXDR is the Only Extended Detection and Response Solution That Can Autonomously Manage Cyber Incidents From Identification to Remediation
With the trading day about half over, the broad markets were sliding into the weekend.
FortiGate 200F is Fortinet's Latest SD-WAN ASIC-powered Appliance, Expands SD-WAN Anywhere, Supports Large and Complex WAN Deployments
Fortinet Customers Realize 100% ROI in Five Years with Fortinet Secure SD-WAN Fortinet Customers Realize 100% ROI in Five Years with Fortinet Secure SD-WAN
These three tech names have a lot going for them in the new year.
In the latest trading session, Fortinet (FTNT) closed at $148.17, marking a +0.02% move from the previous day.
These best tech stocks to buy are all coming off solid performances in 2020. The new year promises to keep their winning streaks going.
Technology was a big 2020 winner, and many of the top software stocks had an outstanding year.
Fortinet Extends Availability of Free Self-Paced NSE Cybersecurity Training Courses to Further Build Industry's Workforce
In Response to Widening Cybersecurity Skills Gap and Strong Demand, Fortinet to Continue Offering Entire Catalogue of Self-paced Network Security Expert Training at No Cost for the Foreseeable...
Fortinet (FTNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Two "reopening of the economy" big tech stocks and a cybersecurity play top my list this month.
Here we discuss three stocks -- QLYS, FTNT, FEYE -- that have witnessed a remarkable run this year and are well poised to generate double-digit returns in 2021 as well.
Fortinet (FTNT) closed the most recent trading day at $148.02, moving +0.33% from the previous trading session.
In five years, the cybersecurity industry is expected to nearly triple. So, there's a lot of growth ahead.
We discuss four disruptive stocks, NVDA, BRKS, QCOM and FTNT, which are poised to perform well in 2021 on technological advancement and strong fundamentals.
Fortinet: An Alternative Play On The SASE Narrative - ASIC Powers Multiple Catalysts, $200 Target Price
Market-leading growth & margin momentum to deliver short-term upside as expectations are comfortably exceeded. SASE progress and edge decentralization not currently priced in.
There has been a higher level of activity among IT Security plays during the last week in the stock market. This follows the hacking of SolarWinds' network management software and using the br...
Fortinet (FTNT) closed at $145.78 in the latest trading session, marking a -0.05% move from the prior day.
Cybersecurity stocks will see further acceleration in 2021 as more companies ramp up protection following the SolarWinds hack, says Wedbush
Wedbush's Dan Ives was already anticipating an acceleration of cybersecurity spending for 2021 as more governments and businesses work from home and adopt cloud technology. Now, following the...
These are the cybersecurity stocks with the best value, fastest growth, and most momentum for Q1 2021.
These tech companies could be promising plays in 2021 and beyond.
Fortinet (FTNT) closed at $128.36 in the latest trading session, marking a +0.63% move from the prior day.
Fortinet (FTNT) recently acquired Panopta, a SaaS platform innovator, to build a comprehensive network and security operations management solution for enterprises and services providers.
3 Security Stocks to Watch in a Challenging Industry
Fortinet Collaborates with AWS to Deliver an Integrated Next-Generation Firewall Solution to Protect Customer Workloads on AWS
Fortinet Continues to Build Cybersecurity Solutions with AWS Services, including AWS Gateway Load Balancer, AWS Outpost s , AWS Network Firewall and AWS Transit Gateway
Fortinet Announces Industry's First Secure SD-WAN Appliances for Operational Technology Environments
FortiGate Rugged 60F Next-generation Firewalls Bring Easy-to-Deploy SD-WAN and Integrated Advanced Security to OT Networks FortiGate Rugged 60F Next-generation Firewalls Bring Easy-to-Deploy S...
Eleventh Consecutive Year Fortinet Recognized in Gartner Magic Quadrant for Network Firewalls Eleventh Consecutive Year Fortinet Recognized in Gartner Magic Quadrant for Network Firewalls
Fortinet Recognized as a Visionary in the 2020 Gartner Magic Quadrant for Wired and Wireless LAN Access Infrastructure
Fortinet is the Only Company to Converge Network Security and the LAN Edge Fortinet is the Only Company to Converge Network Security and the LAN Edge
Top Tier Academic Institutions Join Forces with Fortinet to Prepare Students for a Career in Cybersecurity Top Tier Academic Institutions Join Forces with Fortinet to Prepare Students for a Ca...
Another strong quarter of sales growth was complemented by even better profitability.
A sharp pullback following a strong earnings report looks like an opportunity to go long.
Malicious actors have attempted to undermine the U.S. democracy in the past, and as the final votes are cast in the presidential election Tuesday, cyber threats in the form of disruption and m...
The cybersecurity veteran delivered a strong third-quarter report and impressive guidance for the next quarter, but the stock still got a haircut on a brutal day for tech stocks overall.
Fortinet's (FTNT) third-quarter 2020 results reflect gains from solid growth in Fortinet Security Fabric, cloud and SD-WAN offerings.
Fortinet, Inc. (FTNT) CEO Ken Xie on Q3 2020 Results - Earnings Call Transcript
Fortinet (FTNT) delivered earnings and revenue surprises of 12.82% and 1.92%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Fortinet topped Q3 earnings and revenue estimates, while also guiding higher for Q4. The cybersecurity stock rose.
Fortinet provides broad, integrated, and automated cybersecurity solutions worldwide. 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 (WAN) acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers end devices; FortiAP product family, which provides secure wireless ne... [Read more...]
|IPO Date |
Nov 18, 2009
|Stock Exchange |
|Ticker Symbol |
In 2020, Fortinet's revenue was $2.59 billion, an increase of 19.94% compared to the previous year's $2.16 billion. Earnings were $488.50 million, an increase of 47.27%.
According to 30 analysts, the average rating for Fortinet stock is "Buy." The 12-month stock price forecast is 168.29, which is an increase of 0.04% from the latest price.