Fortinet Inc FTNT

$175.96 -0.37 (-0.21%)

Valuation

Market cap
129,375,792,000
Revenue TTM
$6,799,600,000
Net income TTM
$1,853,400,000
PE ratio
59.81
Forward PE
56.44
Profit margin
27.26%
Debt to equity
0.32

Trading

Volume
2,488,600
Avg volume
4,774,092
Day's range
$172.42 – $176.65
Shares out
733,714,000
Stochastic %K
65%
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

Latest news

Stocktwits

GreekSpartanStrategies Sep 29, 8:40 PM
$FTNT $MRVL $SNDK $SPCX $WDC Rates will do an intra day reversal imo when they touch 5.5%. Here is a monthly chart on a 10 year bond.
0 replies
GettnFibbywIT Sep 29, 7:57 PM 0 replies
MacroHard26 Sep 29, 7:41 PM 1 replies
Pearl_Power Sep 29, 6:47 PM
$PANW candle constellation from thursday to today tells me we have a reversal. they're all the same $CRWD $FTNT $NET
1 replies
Cousin_Vinny Sep 28, 6:48 PM
$PANW $PANW $OKTA $ZS $CRWD $FTNT trading them LIVE into the close https://youtube.com/live/X5mno42jcBY
0 replies
Cousin_Vinny Sep 28, 6:20 PM
$PANW $OKTA $FTNT $CRWD $ZS aka security stocks in play PANW- Bullish Engulfing @Spotgamma chart analysis ]Immediate Resistance ($394.00 - $395.00): Session high ($394.00) aligns with intraday price action overhead rejection. Key Gamma Resistance ($390.00 Strike): Currently trading directly above the Key Gamma Strike ($390), making $390 the immediate pivot/gamma pin zone. Major Overhead Target : Call Wall ($400) represents the primary structural options resistance level and heavy call open interest ceiling. Secondary Resistance ($406.31): Upper Bollinger Band on the daily timeframe. Key Downside Support: Hedge Wall at $360 and Put Wall at $350. Not investment advice: this is what I am doing. Currently long $ZS
0 replies
JFDI Sep 28, 5:22 PM 0 replies
Copperheads Sep 28, 5:18 PM
$FTNT will be back to 180 by end of week
0 replies