Fortinet Inc FTNT

$194.16 +5.06 (2.68%)

Valuation

Market cap
138,877,376,000
Revenue TTM
$6,799,600,000
Net income TTM
$1,853,400,000
PE ratio
65.96
Forward PE
61.76
Profit margin
27.26%
Debt to equity
0.32

Trading

Volume
777,349
Avg volume
4,461,874
Day's range
$189.92 – $194.30
Shares out
733,714,000
Stochastic %K
86%
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...

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

MM1988 Oct 9, 3:01 PM
$PANW $FTNT $CRWD What do you think about this sector? MAJOR structural tailwind for cybersecurity due to AI security risks, but valuations are extremely high here.
1 replies
Stocktwits52wHighs Oct 9, 2:46 PM
$FTNT printed a new 52-week high today
0 replies
PredictionFLO1 Oct 8, 11:27 PM
$FTNT 180-182 will be tested soon, if it fails to hold we get a deeper pullback. Above 195 it’s clear skies again. In general, valuation is way past fundamentals but momentum is crazy strong. Eventually we hit the 200 day SMA.
0 replies
PredictionFLO1 Oct 8, 5:35 PM
$FTNT Everytime the 3 drive pattern shows up on the daily, we get a monster move. Yes, it has showed up again and I bought January puts with extreme urgency at the ask.
0 replies
TalkMarkets Oct 8, 2:49 PM
CrowdStrike Vs. Fortinet: Which Cybersecurity Stock Is Poised For Higher Highs? $CRWD $FTNT https://talkmarkets.com/article/crowdstrike-vs-fortinet-which-cybersecurity-stock-is-poised-for-higher-highs
0 replies
Xen_TorpedoCapital Oct 8, 7:46 AM
$FTNT watch
0 replies
Pope_of_Profit Oct 7, 7:41 PM
$FTNT I already know this will be an island reversal, too. gaps after after a 5-week run usually only have one meaning: exhaustion
0 replies
meatpuppets Oct 7, 2:40 PM
$AKAM daddy best not wear out his welcome. this is not an expensive stock. and the security aspect is reasonable based on $CRWD $FTNT valuations.
0 replies