Fortinet Inc FTNT

$136.08 -3.02 (-2.17%)

Valuation

Market cap
127,724,928,000
Revenue TTM
$6,799,600,000
Net income TTM
$1,853,400,000
PE ratio
63.79
Forward PE
59.74
Profit margin
27.26%
Debt to equity
0.32

Trading

Volume
8,676,199
Avg volume
4,444,672
Day's range
$134.40 – $138.79
Shares out
733,714,000
Stochastic %K
20%
Beta
1.03
Analysts
Sell
Price target
$173.89

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...

Show more

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

GlobalTradersAcademy Oct 30, 11:14 PM
$30M just went into $FTNT puts. That makes it one of the largest unusual options trades in the market in the latest session. It's down about 24% from a week ago, at its lowest level in a month. $SPY $QQQ Worth a read for the biggest contracts behind the flow and where the money is leaning. Anyone else watching this flow on $FTNT? Full story: https://globaltradersacademy.com/articles/unusual-options-activity-30m-bet-on-ftnt-puts-expiring-oct-30?utm_source=stocktwits&utm_medium=social Free 14-day trial: https://globaltradersacademy.com/start-trial?a=stocktwits&sym=FTNT&tool=options
0 replies
noccers Oct 30, 10:29 PM 0 replies
Idonno Oct 30, 9:30 PM
$FTNT This market is a scam. How do all tech sell off at once? Its improbable.
0 replies
KryptonResearch14 Oct 30, 7:05 PM
$FTNT raw materials doubled to 123.6 million dollars at Sep 30, from 61.9 million dollars at year end. Finished goods rose to 464.3 million dollars from 334.6 million, and total inventory hit 591.2 million dollars vs 399.5 million at year end.
0 replies
YourfrenPepe420 Oct 30, 6:57 PM
$RBRK $CRWD $ZS $FTNT 🔥🔥🔥🔥
0 replies
BuyHighSellLowGER Oct 30, 5:59 PM
$NOW $FTNT $AMD $INTC $SNDK Everything tech up in flames this second half of the week - no matter if you're into SaaS, IT security, AI and chips...
0 replies
muskegbaymomentum Oct 30, 5:25 PM
$FTNT should pop nicely after the markets turn around
0 replies
tste9 Oct 30, 5:09 PM
$FTNT Wow Just bought . What I thought was good deal. I buy smore.
0 replies