Fortinet Inc FTNT

$172.06 +2.93 (1.73%)

Valuation

Market cap
124,093,048,000
Revenue TTM
$6,799,600,000
Net income TTM
$1,853,400,000
PE ratio
62.73
Forward PE
58.74
Profit margin
27.26%
Debt to equity
0.32

Trading

Volume
2,361,773
Avg volume
4,095,718
Day's range
$169.42 – $173.31
Shares out
733,714,000
Stochastic %K
8%
Beta
1.03
Analysts
Sell
Price target
$172.31

Price

Company profile

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Sec...

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Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Industry
Software - Infrastructure
Sector
Technology
Phone
408 235 7700
Website
https://www.fortinet.com
Address
909 Kifer Road, Sunnyvale, United States

Latest news

Stocktwits

NeverFadeTheOracle Oct 19, 2:56 PM
Software And Mag 7 Monday Again Feels like we will close positive But will see after 12:50 PM $CRWD $NTAP $AMZN $FTNT
0 replies
RichardMuller Oct 19, 8:23 AM
$FTNT FTNT Consolidation hitting downside Cloud Chart support targets. Looking out for rebound potential in and around the Cloud Chart support zones at Cloud Span A&B support zones! Critical week ahead for a potential support rebound. FTNT digging into the base to test support!
0 replies
AlphaBull_10M Oct 16, 5:00 PM
No rotation beween chips and software today as both are falling together. $MDB $FTNT $PANW $IOT $PLTR are leading the software loss.
1 replies
Chickenstick1 Oct 16, 3:59 PM
$PANW $CRWD $FTNT $NET $S extremely low volume selling.
2 replies
Chickenstick1 Oct 16, 3:15 PM
$PANW $FTNT $CSCO Stick to these if you're buying cyber security into the pullback.
0 replies
Treadwater Oct 16, 2:14 PM
$CRWD $PANW $FTNT All these Guys are at Or near the Buy Zone
0 replies
bananabrainz Oct 16, 3:36 AM
$PANW $FTNT $CRWD Disgusting how much insider selling is happening ... in fact how is this amount of compensation even justified. 'Analyst' targets don't mean sh*t
1 replies
ImRonBurgundy Oct 15, 9:31 PM
$FTNT Snagged 100 at 180.85 for IRA account.
0 replies