Fortinet Inc FTNT

$173.46 -5.21 (-2.92%)

Valuation

Market cap
131,092,680,000
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
2,508,100
Avg volume
4,856,208
Day's range
$172.83 – $177.78
Shares out
733,714,000
Stochastic %K
48%
Beta
1.06
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

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Stocktwits

Techdamentals Sep 26, 2:36 AM
Fortinet is the odd one in security because it still sells hardware. Physical firewalls, real inventory, actual cost of goods. That makes the margin structure behave completely differently from a pure software name. Lower gross margin, but also a moat that involves ripping a box out of a rack rather than cancelling a subscription. Two different businesses that get lumped into the same sector. Educational tool, not advice. What it's worth: techdamentals.com/v/FTNT?ref=st $FTNT
0 replies
TiJr Sep 25, 9:19 PM
$CYCU Everyone take a deep breath and step away from the 1-minute chart. 🧘‍♂️ Yes, waiting on the Nasdaq panel decision feels like waiting for a text back from a crush.But let’s look at real cybersecurity history: Back in 2012, Qualys ($QLYS) was a volatile new IPO trying to find its footing, and Fortinet ($FTNT) had to fight through years of extreme market skepticism early on before becoming absolute giants. Turning a lean cyber ship around takes time, and reading corporate updates always feels a bit like reading a lawyer's diary before the glory days hit. 📜The big picture is still intact for what Cycurion can actually scale into:• New advanced cyber tools are rolling out in the near term. 💻• Management is hunting down market manipulators in court like cybersecurity Batman. 🦇The float is incredibly tight. We are just enduring the classic micro-cap waiting room right now. Grab a coffee and let the process play out. ☕🚀 #Cycurion #Cybersecurity #KeepItChill #Bullish
0 replies
Badinvestor50 Sep 25, 7:57 PM
$CRWD $FTNT $PANW $S $ZS Yup. Crwd has one bad day and we’re down over double. Just awesome. Who could’ve seen this coming?
0 replies
StocktwitsNews Sep 25, 4:24 PM
Cybersecurity Stocks Pare Early-Week Gains — Analysts See AI Security Demand Building, But Valuations Raise The Bar $CRWD $PANW $ZS $FTNT $OKTA https://stocktwits.com/news/equity/markets/cybersecurity-stocks-pare-early-week-gains-analysts-see-ai-security-demand-building-but-valuations-raise-the-bar/cZMOWeyRBOf
0 replies
Baazigar123 Sep 25, 2:17 PM
$FTNT few more
0 replies
lanka2024 Sep 25, 6:47 AM 0 replies
PanicSeller8 Sep 24, 3:22 PM
$FTNT When do I open up a short position here?
1 replies
Wizardof0z Sep 24, 2:19 PM
$FTNT beauty
0 replies