Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
18 November 2009Website:
http://www.fortinet.comNext earnings report:
06 February 2025Last dividends:
N/ANext dividends:
N/APrice
regular market | 6 min agoDividend
Analysts recommendations
Institutional Ownership
FTNT Latest News
Fortinet Stock Review: Should You Buy, Sell, or Hold?
Investors have noticed that this cybersecurity stock has shown impressive earnings growth in the last few quarters.
A recently purchased 10-story building will be turned into Fortinet's latest Innovation Hub. This hub will feature a FortiCloud Point of Presence, an Executive Briefing Center, a Training Facility, and a Support Center, all aimed at enhancing customer experiences in the Atlanta area.
Is Fortinet (FTNT) a strong choice for momentum investors? Let's take a closer look.
Fortinet (FTNT) has strong growth characteristics that may enable it to significantly surpass market performance.
FTNT's impressive profit margins, 13% increase in revenue, and advancements in AI make it an attractive investment. The strong momentum in SASE and a growing security portfolio set the company up for continued growth.
On November 13, 2024, TOST, FTNT, and PAYO were included in the Zacks Rank #1 (Strong Buy) list of momentum stocks.
Fortinet (FTNT) has reached its highest point in 52 weeks, but can investors expect further increases? We will examine the company's fundamentals for insights.
SUNNYVALE, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Ken Xie, the Founder, Chairman, and CEO of Fortinet, stated, "As we mark the 15th anniversary of our IPO, we reflect on Fortinet's significant impact on the evolution of cybersecurity. For over 20 years, innovation has been at our core, and by focusing on our customers, we have built a top-notch team, created a leading range of integrated solutions, and established strong partnerships to enhance global cyber resilience. Looking forward, we are dedicated to continuing innovation, building trust, and providing lasting value for our customers, partners, and shareholders."
FTNT's results for the third quarter show strong demand from big business clients and an increase in the company's security subscription services.
What type of business is Fortinet?
Fortinet Inc. is a market leader in unified threat management and a global manufacturer of multi-functional network security devices, providing comprehensive protection against constantly emerging threats. Fortinet protects the most valuable data of the largest companies, service providers, and government agencies worldwide. Fast and reliable Fortinet solutions provide comprehensive protection against dynamic threats to the IT infrastructure of enterprises of any scale. The unique security architecture of Fortinet Security Fabric offers integration and automation of the entire infrastructure, providing unparalleled protection and transparency for every network segment and device. The company was founded in 2000 and is headquartered in Sunnyvale, California.
What sector is Fortinet in?
Fortinet is in the Technology sector
What industry is Fortinet in?
Fortinet is in the Software Infrastructure industry
What country is Fortinet from?
Fortinet is headquartered in United States
When did Fortinet go public?
Fortinet initial public offering (IPO) was on 18 November 2009
What is Fortinet website?
https://www.fortinet.com
Is Fortinet in the S&P 500?
Yes, Fortinet is included in the S&P 500 index
Is Fortinet in the NASDAQ 100?
Yes, Fortinet is included in the NASDAQ 100 index
Is Fortinet in the Dow Jones?
No, Fortinet is not included in the Dow Jones index
When was Fortinet the previous earnings report?
No data
When does Fortinet earnings report?
The next expected earnings date for Fortinet is 06 February 2025