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...

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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 7, 2:57 PM
$FTNT security budgets were already spent before ai got stapled to the pitch. seems like relabeling the firewall ai ready does not expand the wallet, it just renames the same line the cfo already capped
0 replies
thatsolardude365 Nov 7, 10:44 AM
$FTNT a firewall refresh can wait a year when cash gets tight. seems like protection priced as urgent in the boom gets treated as optional in the bust, and optional is a bad place to live
0 replies
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