Fortinet Inc FTNT

$189.28 -1.99 (-1.04%)

Valuation

Market cap
140,337,472,000
Revenue TTM
$6,799,600,000
Net income TTM
$1,853,400,000
PE ratio
63.49
Forward PE
59.45
Profit margin
27.26%
Debt to equity
0.32

Trading

Volume
3,859,000
Avg volume
4,620,360
Day's range
$188.04 – $192.23
Shares out
733,714,000
Stochastic %K
86%
Beta
1.03
Analysts
Sell
Price target
$166.34

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

TalkMarkets Oct 8, 2:49 PM
CrowdStrike Vs. Fortinet: Which Cybersecurity Stock Is Poised For Higher Highs? $CRWD $FTNT https://talkmarkets.com/article/crowdstrike-vs-fortinet-which-cybersecurity-stock-is-poised-for-higher-highs
0 replies
Xen_TorpedoCapital Oct 8, 7:46 AM
$FTNT watch
0 replies
Pope_of_Profit Oct 7, 7:41 PM
$FTNT I already know this will be an island reversal, too. gaps after after a 5-week run usually only have one meaning: exhaustion
0 replies
meatpuppets Oct 7, 2:40 PM
$AKAM daddy best not wear out his welcome. this is not an expensive stock. and the security aspect is reasonable based on $CRWD $FTNT valuations.
0 replies
BigAllergies Oct 7, 7:41 AM
Up 123% over 12 months, Fortinet is now a $131.1B company. $FTNT
0 replies
Albino_Trader123 Oct 7, 4:02 AM
$FTNT 2nd Leg up in full force
0 replies
Techdamentals Oct 6, 8:01 PM
Reuters says cybersecurity names led this year's software recovery. $FTNT still sells physical firewall hardware alongside subscriptions. I ran it through the Techdamentals IV Calculator. What is it worth? 👇 https://techdamentals.com/v/FTNT?ref=st Educational, not advice.
0 replies
Stocktwits52wHighs Oct 6, 4:46 PM
$FTNT printed a new 52-week high today
0 replies