Fortinet Inc FTNT

$183.72 +3.73 (2.07%)

Valuation

Market cap
132,061,184,000
Revenue TTM
$6,799,600,000
Net income TTM
$1,853,400,000
PE ratio
59.65
Forward PE
55.85
Profit margin
27.26%
Debt to equity
0.32

Trading

Volume
1,776,385
Avg volume
4,030,460
Day's range
$178.29 – $184.76
Shares out
733,714,000
Stochastic %K
45%
Beta
1.03
Analysts
Sell
Price target
$173.75

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

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Stocktwits

shoc24 Oct 26, 3:53 PM
$FTNT Fresh technology momentum scores for today from stockmeadow.com. FTNT ranks number 2 in my technology momentum model.
0 replies
AlphaBull_10M Oct 26, 12:50 PM
$MSFT $GOOGL $AMZN $INTC $FTNT can start that post midterm election rally early with earnings this week!
0 replies
AlphaBull_10M Oct 26, 12:19 PM 1 replies
Techdamentals Oct 26, 4:11 AM
$FTNT rose 6.42% last week to $179.99 as security stocks rallied after warnings about critical website code flaws. It is expected to report third-quarter earnings on Wednesday Oct 28 after the close. Estimates of what a company is worth get redone each time it reports earnings (its quarterly profit report). Here is the Techdamentals IV Calculator range. What is it worth? 👇 https://techdamentals.com/v/FTNT?ref=st Educational, not advice.
0 replies
KryptonResearch14 Oct 25, 3:04 PM
$FTNT reports Wednesday after the close. Zacks consensus is 0.86 dollars a share on 2.06 billion dollars of revenue, up 16.2% and 19.6%. That is inside the company's own Q3 guide, 0.83 to 0.87 dollars and 2.01 to 2.10 billion dollars. Billings look like the tighter test. The Q3 guide is 2.25 to 2.35 billion dollars, actually below the 2.37 billion dollars Fortinet billed in Q2.
0 replies
LewisIntegrated Oct 23, 7:27 PM
If you’ve ever wanted to catch a short squeeze early instead of watching it rip after the fact, this group is built for that. Sharing momentum, setups, and what we’re watching as it develops, not when it’s already gone. Click link and join for Free ⭐ $GM $DDOG $FTNT ××
0 replies
oghowie Oct 23, 3:35 PM
$CRWD $PANW $S $ZS $FTNT All the fear is good for business.
0 replies
AlphaBull_10M Oct 23, 3:22 PM
Cyber security software continues to be a solid investment. $PANW $CRWD $FTNT $SPY $QQQ
0 replies