Fortinet Inc FTNT

$118.84 -3.67 (-3.00%)

Valuation

Market cap
90,009,328,000
Revenue TTM
$6,799,600,000
Net income TTM
$1,853,400,000
P/E (trailing)
41.60
P/E (forward)
40.34
Profit margin
27.26%
Debt to equity
0.32

Trading

Volume
8,026,200
Avg volume
4,883,266
Day's range
$118.62 – $126.46
Shares out
734,710,000
Stochastic %K
0%
Beta
1.04
Analysts
Hold
Price target
$147.67

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...

Show more

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

shoc24 Nov 6, 10:55 PM
$FTNT is ranked #3 in technology quality with a score of 93. I posted these rankings yesterday, but I think they're worth sharing again. I bought yesterday because money is made when the markets are down. I used Stock Meadow's scoring model to find what I'm buying.
0 replies
Chickenstick1 Nov 6, 8:47 PM
$FTNT Cheapest cyber name in the group, trading with an ACTUAL earnings multiple.
0 replies
Chickenstick1 Nov 6, 8:45 PM
$FTNT Back in Buying this ... the market doesnt understand the mix. On chip is the future.
0 replies
SaladMan00 Nov 6, 8:41 PM
$FTNT Why is this going down? I thought Fortnite was popular, it should go up?
0 replies
thatsolardude365 Nov 6, 8:23 PM
$FTNT renewals from old networks are the quiet base. seems like ai budgets ate the refresh money first, and when the refresh slips a year the growth story slips with it, no breach needed
0 replies
F_I_R_E_ Nov 6, 6:09 PM
$FTNT any take no more. Better chances betting on Elon $SPCX
0 replies
StockHunter75 Nov 6, 5:22 PM
$FTNT Bullish
0 replies
chartistmind Nov 6, 4:42 PM
$FTNT starter
0 replies