Fortinet Inc FTNT

$174.08 -10.92 (-5.90%)

Valuation

Market cap
124,613,984,000
Revenue TTM
$6,799,600,000
Net income TTM
$1,853,400,000
PE ratio
59.51
Forward PE
58.12
Profit margin
27.26%
Debt to equity
0.32

Trading

Volume
11,029,800
Avg volume
4,173,696
Day's range
$173.02 – $185.13
Shares out
733,714,000
Stochastic %K
39%
Beta
1.06
Analysts
Sell
Price target
$173.89

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

wallstreet63 Oct 29, 8:53 AM
$FTNT I thought I bought cheap at 137.50,instead I still was pounded in the ass with no vaseline
0 replies
AStrokeOfLuck Oct 29, 8:44 AM 0 replies
masterbrucewayne Oct 29, 8:29 AM
$FTNT really disgusting what wallstreet is cooking here. They feed this like a pig and then one day gutted and butchered
0 replies
Dutchman77 Oct 29, 5:38 AM
$FTNT $S maybe S can buy them out… that would be a surprise 😅
0 replies
donutfish Oct 29, 4:51 AM
$FTNT oh no, now it's only up 80% ytd
0 replies
judgeyoung2 Oct 29, 4:25 AM
$FTNT guess what the closing price tomorrow will be. Closest guess gets a cookie.
2 replies
Tormentor2023 Oct 29, 4:17 AM
$FTNT ouch .. what happened here .. someone fill me in plz
1 replies
Akisawada Oct 29, 4:15 AM
$FTNT The stock market is designed to fool most people most of the time. And this applies to all the markets in the world. No matter where they are.
0 replies