Fortinet Inc FTNT

$128.11 +1.90 (1.51%)

Valuation

Market cap
92,602,040,000
Revenue TTM
$6,799,600,000
Net income TTM
$1,853,400,000
P/E (trailing)
43.76
P/E (forward)
42.72
Profit margin
27.26%
Debt to equity
0.32

Trading

Volume
5,973,700
Avg volume
4,723,530
Day's range
$126.86 – $130.76
Shares out
733,714,000
Stochastic %K
4%
Beta
1.04
Analysts
Hold
Price target
$152.00

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

thatsolardude365 Nov 4, 12:45 PM
$FTNT firewalls were the must buy before the ai line existed in the budget. seems like must buy gets re-ranked when the new must buy is a gpu cluster, and security renewals get bid down hard
0 replies
thatsolardude365 Nov 3, 10:13 PM
$FTNT refresh cycles get stretched when budgets tighten. seems like a firewall that still works is the easiest purchase to defer, and deferred hardware is revenue that just vanishes into next year
0 replies
Idonno Nov 3, 9:24 PM
$FTNT With AI threats all cyber security is needed.
0 replies
Hognose Nov 3, 6:23 PM
$FTNT worth grabbing some here
0 replies
Techdamentals Nov 3, 5:05 PM
Fortinet $FTNT reports billings alongside revenue, because billings lead revenue in a subscription business. Different companies choose different forward measures, and the choice matters: billings, bookings, backlog, RPO and remaining deal value are not interchangeable, and only one of them is defined by an accounting standard. Video: https://youtu.be/oAWDaNENvHE Written version: https://techdamentals.com/newsletter/palantir-beat-earnings-on-96-growth-raised-forecast-but-fell-heres-why?ref=st What is it worth? 👇 https://techdamentals.com/v/FTNT?ref=st Educational, not advice.
0 replies
tste9 Nov 3, 3:01 PM
$FTNT q What happened
0 replies
F_I_R_E_ Nov 3, 12:59 PM
$FTNT typical investment for me. I’m usually down 25% first week after entering a new position. No more add to what I have only.
0 replies
tste9 Nov 3, 10:25 AM
$FTNT why nice pm $.
0 replies