Fortinet Inc FTNT

$191.27 +7.14 (3.88%)

Valuation

Market cap
132,765,536,000
Revenue TTM
$6,799,600,000
Net income TTM
$1,853,400,000
PE ratio
61.63
Forward PE
58.15
Profit margin
27.26%
Debt to equity
0.32

Trading

Volume
4,244,900
Avg volume
4,674,602
Day's range
$186.50 – $192.41
Shares out
733,714,000
Stochastic %K
97%
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

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
Arunavijaya888 Oct 6, 4:22 PM
$FTNT https://www.stocktitan.net/sec-filings/ASNS/8-k-actelis-networks-inc-reports-material-event-846eae5f779b.html
0 replies
InItToWinIt100 Oct 6, 2:11 PM 0 replies
Albino_Trader123 Oct 6, 5:11 AM
$FTNT Cybersecurity continues to show strength. Looks 2nd leg move up starting
0 replies
Techdamentals Oct 6, 3:16 AM
$FTNT still sells physical firewall hardware alongside subscriptions, a different mix from the pure-software names. I ran it through the Techdamentals IV Calculator. What is it worth? 👇 https://techdamentals.com/v/FTNT?ref=st Educational, not advice.
0 replies
ChartsandChirps Oct 5, 11:10 PM
Breakouts that clear a level on light volume are still unfinished business. $TSM, $NVDA, and $FTNT all pushed through the spots I was watching today, but volume stayed about average or lighter. I'd rather wait for the next push with real buying than treat a quiet break as the all-clear.
1 replies
Ro_Patel Oct 5, 3:56 PM
BofA Securities global quant strategist's Contenders List of stocks - screen for lowest PE stocks w/ above average earnings momentum & price momentum: “Inexpensive momentum strategies continue to marginally outperform globally. Performance of inexpensive momentum is stronger in Asia. Last month, the Global Contenders (down -2.7%) outperformed the Defenders (down -3.7%) by -1.0% but underperformed the MSCI AC World index (down -1.3%) by negative -1.4% The 12-month performance spread b/n the Global Contenders & Defenders is +22%. In Asia last month, the Asia Pac Contenders (up +2.6%) outperformed the Defenders (down -0.8%) by +3.3% & the MSCI APxJ Index by +3.8%, extending the 12-month performance spread to +56.6%. The new Global Contenders this month are Standard Bank, $FTNT & Gen Digital. The longest standing Contender is $C (24 months). The other Global Contenders are Hana Financial, Kia, United Microelectronics, Wiwynn, AerCap, Anheuser-Busch, Bayer, BNP Paribas, Mitsui O.S.K. Lines, $GOOGL $AVGO Bunge, Cummins, CVS Health Corp, GM, Halliburton, Jabil, KLA, Live Nation, Magna Int’l, $MU Royalty Pharma A, Seagate Tech, State Street, Steel Dynamics, & Vertiv”
0 replies