Summary
82.64 -0.19(-0.23%)10/15/2024
Fortinet Inc (FTNT)
Fortinet Inc (FTNT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.27 | 6.26 | 8.23 | 38.12 | 27.62 | 39.74 | 425.03 | 4,878.31 |
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| Trading Data | ||
| Close | 82.64 | |
| Open | 82.66 | |
| High | 82.99 | |
| Low | 82.18 | |
| Volume | 3,151,657 | |
| Change | -0.22 | |
| Change % | -0.27 | |
| Avg Volume (20 Days) | 2,909,289 | |
| Volume/Avg Volume (20 Days) Ratio | 1.08 | |
| 52 Week Range | 44.12 - 83.77 | |
| Price vs 52 Week High | -1.35% | |
| Price vs 52 Week Low | 87.31% | |
| Range | -0.02 | |
| Gap Up/Down | -1.11 | |
Fundamentals | ||
| Market Capitalization (Mln) | 59,059 | |
| EBIDTA | 1,398,800,000 | |
| PE Ratio | 37.7662 | |
| PEG Ratio | 1.7891 | |
| WallStreet Target Price | 71.10 | |
| Book Value | -0.1800 | |
| Earnings Per Share | 1.5400 | |
| EPS Estimate Current Quarter | 0.3800 | |
| EPS Estimate Next Quarter | 0.3900 | |
| EPS Estimate Current Year | 1.7700 | |
| EPS Estimate Next Year | 1.9600 | |
| Diluted EPS (TTM) | 1.5400 | |
| Revenues | ||
| Profit Marging | 0.2223 | |
| Operating Marging (TTM) | 0.2365 | |
| Return on asset (TTM) | 0.1108 | |
| Return on equity (TTM) | 0.7899 | |
| Revenue TTM | 5,395,800,064 | |
| Revenue per share TTM | 6.9770 | |
| Quarterly Revenue Growth (YOY) | 0.0720 | |
| Quarterly Earnings Growth (YOY) | 0.2580 | |
| Gross Profit (TTM) | 3,332,500,000 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 37.7662 | |
| Forward PE | 39.0625 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 699.2019 | |
| Revenue Enterprise Value | 9.2894 | |
| EBITDA Enterprise Value | 33.5660 | |
| Shares | ||
| Shares Outstanding | 763,937,984 | |
| Shares Float | 641,906,551 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.03 | |
| Insider (%) | 17.49 | |
| Institutions (%) | 69.76 | |
10/15 09:00 EST - globenewswire.com
Fortinet FortiGuard Labs Observes Darknet Activity Targeting the 2024 United States Presidential Election
Phishing scams aimed at voters, malicious domain registrations impersonating candidates, and other threat activity designed to exploit unassuming victims take center stage as the U.S. election approaches Phishing scams aimed at voters, malicious domain registrations impersonating candidates, and other threat activity designed to exploit unassuming victims take center stage as the U.S. election approaches
Fortinet FortiGuard Labs Observes Darknet Activity Targeting the 2024 United States Presidential Election
Phishing scams aimed at voters, malicious domain registrations impersonating candidates, and other threat activity designed to exploit unassuming victims take center stage as the U.S. election approaches Phishing scams aimed at voters, malicious domain registrations impersonating candidates, and other threat activity designed to exploit unassuming victims take center stage as the U.S. election approaches
10/13 08:18 EST - seekingalpha.com
Fortinet: Leading Profitability In The Cybersecurity Industry
Fortinet has achieved a 34.5% return since my last recommendation, and I believe it can continue to offer good returns due to its strong fundamentals. Despite cyclical hardware sales, Fortinet's ecosystem effect and cross-selling opportunities make it a compelling investment, with services showing consistent growth. Fortinet's profitability is unmatched in the industry, with minimal stock-based compensation dilution and strategic share repurchases enhancing shareholder value.
Fortinet: Leading Profitability In The Cybersecurity Industry
Fortinet has achieved a 34.5% return since my last recommendation, and I believe it can continue to offer good returns due to its strong fundamentals. Despite cyclical hardware sales, Fortinet's ecosystem effect and cross-selling opportunities make it a compelling investment, with services showing consistent growth. Fortinet's profitability is unmatched in the industry, with minimal stock-based compensation dilution and strategic share repurchases enhancing shareholder value.
10/10 08:40 EST - seekingalpha.com
Fortinet: On The Road To Recovery (Rating Upgrade)
Fortinet's share price rebounded to near all-time highs after Q2 earnings, driven by easing hardware demand headwinds and improving margins. Despite potential short-term service revenue headwinds, Fortinet's SASE and SecOps solutions position it for long-term growth. While Fortinet's valuation may appear high, the company's strong competitive position and high margins justify this.
Fortinet: On The Road To Recovery (Rating Upgrade)
Fortinet's share price rebounded to near all-time highs after Q2 earnings, driven by easing hardware demand headwinds and improving margins. Despite potential short-term service revenue headwinds, Fortinet's SASE and SecOps solutions position it for long-term growth. While Fortinet's valuation may appear high, the company's strong competitive position and high margins justify this.
10/07 14:41 EST - zacks.com
S&P 500 Major Bull Pattern: 3 Stocks Breaking Out Now
Listen to too much financial news media and you might think the stock market was struggling this year. The unfortunate reality of most investing news is that a bearish narrative drives more views and clicks, benefiting the publishers but not the investors.
S&P 500 Major Bull Pattern: 3 Stocks Breaking Out Now
Listen to too much financial news media and you might think the stock market was struggling this year. The unfortunate reality of most investing news is that a bearish narrative drives more views and clicks, benefiting the publishers but not the investors.
10/04 11:00 EST - globenewswire.com
Fortinet is the Only Leader Positioned as Highest in Ability to Execute for the Fourth Consecutive Year in the 2024 Gartner® Magic Quadrant™ for SD-WAN
Fortinet named a Leader in the 2024 Gartner Magic Quadrant for SD-WAN for the fifth year in a row Fortinet named a Leader in the 2024 Gartner Magic Quadrant for SD-WAN for the fifth year in a row
Fortinet is the Only Leader Positioned as Highest in Ability to Execute for the Fourth Consecutive Year in the 2024 Gartner® Magic Quadrant™ for SD-WAN
Fortinet named a Leader in the 2024 Gartner Magic Quadrant for SD-WAN for the fifth year in a row Fortinet named a Leader in the 2024 Gartner Magic Quadrant for SD-WAN for the fifth year in a row
10/03 10:46 EST - zacks.com
Are Computer and Technology Stocks Lagging Fortinet (FTNT) This Year?
Here is how Fortinet (FTNT) and Fujifilm Holdings Corp. (FUJIY) have performed compared to their sector so far this year.
Are Computer and Technology Stocks Lagging Fortinet (FTNT) This Year?
Here is how Fortinet (FTNT) and Fujifilm Holdings Corp. (FUJIY) have performed compared to their sector so far this year.
10/02 09:00 EST - globenewswire.com
Fortinet to Announce Third Quarter 2024 Financial Results
SUNNYVALE, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its third quarter 2024 financial results on Thursday, November 7, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).
Fortinet to Announce Third Quarter 2024 Financial Results
SUNNYVALE, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its third quarter 2024 financial results on Thursday, November 7, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).
10/01 18:56 EST - zacks.com
Fortinet (FTNT) Suffers a Larger Drop Than the General Market: Key Insights
Fortinet (FTNT) reachead $76.49 at the closing of the latest trading day, reflecting a -1.37% change compared to its last close.
Fortinet (FTNT) Suffers a Larger Drop Than the General Market: Key Insights
Fortinet (FTNT) reachead $76.49 at the closing of the latest trading day, reflecting a -1.37% change compared to its last close.
10/01 16:24 EST - globenewswire.com
Strategic Partnership Announcement: Laurentide Controls announces partnership with Fortinet to enhance the security of industrial operations technologies (OT)
KIRKLAND, Quebec, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Laurentide Controls, a leader in the industrial automation, reliability and digitization sector in Eastern Canada, is proud to announce a strategic partnership with Fortinet, the global cybersecurity leader driving the convergence of networking and security. The aim of this partnership is to provide leading-edge security solutions to protect the critical infrastructures and industrial operations technologies (OT) of the industries we serve.
Strategic Partnership Announcement: Laurentide Controls announces partnership with Fortinet to enhance the security of industrial operations technologies (OT)
KIRKLAND, Quebec, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Laurentide Controls, a leader in the industrial automation, reliability and digitization sector in Eastern Canada, is proud to announce a strategic partnership with Fortinet, the global cybersecurity leader driving the convergence of networking and security. The aim of this partnership is to provide leading-edge security solutions to protect the critical infrastructures and industrial operations technologies (OT) of the industries we serve.
10/01 15:02 EST - zacks.com
5 Momentum Stocks for October After a Surprisingly Strong September
Five momentum stocks for October are: FTNT, GOLD, OKTA, PGR, NCLH.
5 Momentum Stocks for October After a Surprisingly Strong September
Five momentum stocks for October are: FTNT, GOLD, OKTA, PGR, NCLH.
09/30 12:30 EST - zacks.com
Fortinet Cyber Skills Program on Track: Time to Buy the Stock Now?
FTNT's ability to monetize its educational initiatives and cutting-edge cybersecurity solutions make the stock worth buying despite fierce competition.
Fortinet Cyber Skills Program on Track: Time to Buy the Stock Now?
FTNT's ability to monetize its educational initiatives and cutting-edge cybersecurity solutions make the stock worth buying despite fierce competition.
09/29 08:00 EST - fool.com
2 Cybersecurity Stocks You Can Buy and Hold for the Next Decade
Cybersecurity is in high demand as companies become more reliant on technology. Palo Alto Networks and Fortinet are investing in artificial intelligence for the next generation of online security.
2 Cybersecurity Stocks You Can Buy and Hold for the Next Decade
Cybersecurity is in high demand as companies become more reliant on technology. Palo Alto Networks and Fortinet are investing in artificial intelligence for the next generation of online security.
09/26 12:01 EST - investors.com
Cybersecurity Stock Extends Buying Opportunity After Massive Move
This cybersecurity stock has been in a buy zone for seven weeks. The company ranks first in its industry group.
Cybersecurity Stock Extends Buying Opportunity After Massive Move
This cybersecurity stock has been in a buy zone for seven weeks. The company ranks first in its industry group.
09/25 18:55 EST - zacks.com
Fortinet (FTNT) Falls More Steeply Than Broader Market: What Investors Need to Know
Fortinet (FTNT) reachead $76.61 at the closing of the latest trading day, reflecting a -1.1% change compared to its last close.
Fortinet (FTNT) Falls More Steeply Than Broader Market: What Investors Need to Know
Fortinet (FTNT) reachead $76.61 at the closing of the latest trading day, reflecting a -1.1% change compared to its last close.
09/25 15:00 EST - zacks.com
S&P 500 Hits New All-Time High on Tech Rally: 5 Stocks Set to Gain
Tech stocks like APH, ANSS, ANET, FTNT and IBM are poised to benefit from the ongoing tech rally.
S&P 500 Hits New All-Time High on Tech Rally: 5 Stocks Set to Gain
Tech stocks like APH, ANSS, ANET, FTNT and IBM are poised to benefit from the ongoing tech rally.
09/25 09:26 EST - zacks.com
Cloud Computing Dependency on the Rise: Buy 4 Stocks With Upside
The surging demand for cloud computing is helping stocks like DDOG, NTAP, IBM and FTNT.
Cloud Computing Dependency on the Rise: Buy 4 Stocks With Upside
The surging demand for cloud computing is helping stocks like DDOG, NTAP, IBM and FTNT.
09/20 16:06 EST - zacks.com
Stocks Make Record Highs: 3 Top Buys for the Next Bull Run
As the stock market reaches new record highs, investors are searching for the next set of winners to ride the wave of momentum into the next bull run. With a combination of strong fundamentals, top Zacks Ranks, and solid growth potential, a few stocks stand out from the crowd.
Stocks Make Record Highs: 3 Top Buys for the Next Bull Run
As the stock market reaches new record highs, investors are searching for the next set of winners to ride the wave of momentum into the next bull run. With a combination of strong fundamentals, top Zacks Ranks, and solid growth potential, a few stocks stand out from the crowd.
09/20 09:00 EST - globenewswire.com
Fortinet Honored as Winner of the 2024 SC Awards for Best Professional Certification Program
SUNNYVALE, Calif., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has been named a winner in the prestigious 2024 SC Awards. Fortinet has been recognized in the Best Professional Certification Program category, for its Network Security Expert (NSE) Certification Program, which plays a crucial role in addressing the widening cybersecurity talent gap.
Fortinet Honored as Winner of the 2024 SC Awards for Best Professional Certification Program
SUNNYVALE, Calif., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has been named a winner in the prestigious 2024 SC Awards. Fortinet has been recognized in the Best Professional Certification Program category, for its Network Security Expert (NSE) Certification Program, which plays a crucial role in addressing the widening cybersecurity talent gap.
09/19 18:56 EST - zacks.com
Here's Why Fortinet (FTNT) Gained But Lagged the Market Today
In the closing of the recent trading day, Fortinet (FTNT) stood at $75.66, denoting a +1.31% change from the preceding trading day.
Here's Why Fortinet (FTNT) Gained But Lagged the Market Today
In the closing of the recent trading day, Fortinet (FTNT) stood at $75.66, denoting a +1.31% change from the preceding trading day.
09/16 10:47 EST - zacks.com
Here's Why Fortinet (FTNT) is a Strong Growth Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Here's Why Fortinet (FTNT) is a Strong Growth Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.