Fortinet Inc FTNT

$180.95 +2.23 (1.25%)

Valuation

Market cap
131,129,368,000
Revenue TTM
$6,799,600,000
Net income TTM
$1,853,400,000
PE ratio
61.64
Forward PE
58.16
Profit margin
27.26%
Debt to equity
0.32

Trading

Volume
3,412,300
Avg volume
4,669,692
Day's range
$180.04 – $183.09
Shares out
733,714,000
Stochastic %K
84%
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

GettnFibbywIT Oct 2, 3:50 PM
$FTNT $HACK $SPY $QQQ Fortinet (FTNT)- Weekly The simultaneous improvement in the relative strength of FTNT/HACK, FTNT/SPY, FTNT/QQQ, and HACK/SPY (post below) beginning in early April suggested improving sponsorship - AT BOTH the stock and industry-group level. That relative-strength improvement preceded FTNT's mid-May breakout above structural resistance, providing an example of how relative-strength trends can sometimes lead absolute price confirmation.
0 replies
Stocktwits52wHighs Oct 2, 3:46 PM
$FTNT printed a new 52-week high today
0 replies
bananabrainz Oct 2, 3:20 PM
$PANW $CRWD $FTNT Forced price target upgrades by analysts ... They don't really want to but have to ... LOL
2 replies
StockConsultant Oct 2, 1:20 PM
Before the open, breakout stocks to watch Strong pre market for stocks, quick screen for breakouts and found a few good setups : $DDOG $FROG $FTNT $MGNI and $PI at https://www.stockconsultant.com/?DDOG
0 replies
bananabrainz Oct 1, 8:26 PM
$PANW $CRWD $ZS $CIBR $FTNT buy buy buy ... But then who's gonna buy from you? 😅🤔
0 replies
Baazigar123 Oct 1, 4:07 PM
$FTNT MU WDC
0 replies
StocktwitsNews Sep 30, 3:27 PM
PANW Hits Record High As AI Safety Debate Continues To Boost Cybersecurity Stocks — Analysts See Cyber Spending Upside $PANW $CRWD $OKTA $CIBR $FTNT https://stocktwits.com/news/equity/markets/panw-hits-record-high-as-ai-safety-debate-continues-to-boost-cybersecurity-stocks-analysts-see-cyber-spending-upside/cZMFfLbRBLb
0 replies
Yingtrader7 Sep 30, 3:06 PM
$NSYS Cyber Security stocks on FIRE $OKTA $FTNT $TENB
1 replies