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Fortinet (FTNT) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

18 November 2009

Description:

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.

Key Details

Price

$94.06

Annual Revenue

$5.30 B(+20.09% YoY)

Annual EPS

$1.46(+37.74% YoY)

PE Ratio

47.51(+28.20% YoY)

Annual ROE

-247.69%

Beta

0.71

Events Calendar

Earnings

Next earnings date:

Feb 06, 2025

Recent quarterly earnings:

Nov 07, 2024

Recent annual earnings:

Feb 06, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

June 23, 2022

Analyst ratings

Recent major analysts updates

22 Nov '24 Needham
Hold
20 Nov '24 Truist Securities
Buy
20 Nov '24 Scotiabank
Sector Outperform
20 Nov '24 Rosenblatt
Buy
19 Nov '24 Wells Fargo
Equal-Weight
19 Nov '24 Wedbush
Outperform
19 Nov '24 TD Cowen
Buy
19 Nov '24 Stifel
Hold
19 Nov '24 RBC Capital
Sector Perform
19 Nov '24 Piper Sandler
Neutral

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Institutional Ownership

Is Fortinet (FTNT) Outperforming Other Computer and Technology Stocks This Year?
Is Fortinet (FTNT) Outperforming Other Computer and Technology Stocks This Year?
Is Fortinet (FTNT) Outperforming Other Computer and Technology Stocks This Year?
FTNT
zacks.com22 November 2024

This is a comparison of how Fortinet (FTNT) and Innovid Corp. (CTV) have done in relation to their industry this year.

Fortinet Stock Analysis: Buy, Sell, or Hold?
Fortinet Stock Analysis: Buy, Sell, or Hold?
Fortinet Stock Analysis: Buy, Sell, or Hold?
FTNT
fool.com19 November 2024

Fortinet Stock Review: Should You Buy, Sell, or Hold?

This Supercharged Stock Has Jumped 70% Since August, but Can It Sustain Its Magnificent Rally?
This Supercharged Stock Has Jumped 70% Since August, but Can It Sustain Its Magnificent Rally?
This Supercharged Stock Has Jumped 70% Since August, but Can It Sustain Its Magnificent Rally?
FTNT
fool.com16 November 2024

Investors have noticed that this cybersecurity stock has shown impressive earnings growth in the last few quarters.

Fortinet Expands Global Presence with New Company-Owned Innovation Hub in Atlanta
Fortinet Expands Global Presence with New Company-Owned Innovation Hub in Atlanta
Fortinet Expands Global Presence with New Company-Owned Innovation Hub in Atlanta
FTNT
globenewswire.com15 November 2024

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.

What Makes Fortinet (FTNT) a Strong Momentum Stock: Buy Now?
What Makes Fortinet (FTNT) a Strong Momentum Stock: Buy Now?
What Makes Fortinet (FTNT) a Strong Momentum Stock: Buy Now?
FTNT
zacks.com14 November 2024

Is Fortinet (FTNT) a strong choice for momentum investors? Let's take a closer look.

Fortinet (FTNT) is an Incredible Growth Stock: 3 Reasons Why
Fortinet (FTNT) is an Incredible Growth Stock: 3 Reasons Why
Fortinet (FTNT) is an Incredible Growth Stock: 3 Reasons Why
FTNT
zacks.com13 November 2024

Fortinet (FTNT) has strong growth characteristics that may enable it to significantly surpass market performance.

Fortinet Surges 18.5% Since Q3 Results: Time to Buy the Stock?
Fortinet Surges 18.5% Since Q3 Results: Time to Buy the Stock?
Fortinet Surges 18.5% Since Q3 Results: Time to Buy the Stock?
FTNT
zacks.com13 November 2024

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.

Best Momentum Stocks to Buy for November 13th
Best Momentum Stocks to Buy for November 13th
Best Momentum Stocks to Buy for November 13th
FTNT
zacks.com13 November 2024

On November 13, 2024, TOST, FTNT, and PAYO were included in the Zacks Rank #1 (Strong Buy) list of momentum stocks.

Fortinet, Inc. (FTNT) Hits Fresh High: Is There Still Room to Run?
Fortinet, Inc. (FTNT) Hits Fresh High: Is There Still Room to Run?
Fortinet, Inc. (FTNT) Hits Fresh High: Is There Still Room to Run?
FTNT
zacks.com12 November 2024

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.

Fortinet to Host Analyst Day on its 15-Year IPO Anniversary
Fortinet to Host Analyst Day on its 15-Year IPO Anniversary
Fortinet to Host Analyst Day on its 15-Year IPO Anniversary
FTNT
globenewswire.com11 November 2024

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."

FAQ

  • What is the primary business of Fortinet?
  • What is the ticker symbol for Fortinet?
  • Does Fortinet pay dividends?
  • What sector is Fortinet in?
  • What industry is Fortinet in?
  • What country is Fortinet based in?
  • When did Fortinet go public?
  • Is Fortinet in the S&P 500?
  • Is Fortinet in the NASDAQ 100?
  • Is Fortinet in the Dow Jones?
  • When was Fortinet's last earnings report?
  • When does Fortinet report earnings?
  • Should I buy Fortinet stock now?

What is the primary business of 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 is the ticker symbol for Fortinet?

The ticker symbol for Fortinet is NASDAQ:FTNT

Does Fortinet pay dividends?

No, Fortinet does not pay dividends

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 based in?

Fortinet is headquartered in United States

When did Fortinet go public?

Fortinet's initial public offering (IPO) was on 18 November 2009

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's last earnings report?

Fortinet's most recent earnings report was on 7 November 2024

When does Fortinet report earnings?

The next expected earnings date for Fortinet is 6 February 2025

Should I buy Fortinet stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions