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Fortinet, Inc.

(FTNT)

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61.43 USD -0.20

Closed: 17 May, 3:55 pm

Symbol	FTNT
Market Cap	46.9B
Price	61.43
Open	61.04
52-wk High	81.24
50 Day Avg	65.70
Earnings Announcement	2024-08-01
Website	https://www.fortinet.com

Name	Fortinet, Inc.
Shares Outstanding	763,938,000
Change %	0.3103%
Low	60.78
52-wk Low	44.12
200 Day Avg	61.35
Last Dividend	0.00

Exchange	NASDAQ
Volume	2,798,710
Previous Close	61.24
High	61.86
EPS	1.54
PE	39.89
Avg Volume	5,456,061
CUSIP	34959E109

Fortinet, Inc. Outlook

Description	Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Currency	USD
ISIN	US34959E1091

Industry	Software - Infrastructure
Changes	0.19
CUSIP	34959E109

Range	44.12 - 81.24
Beta	1.09
CIK	0001262039

16-May-2024 2:26 PM

Cybersecurity Champions: 3 Stocks to Hack-Proof Your Portfolio

It's no secret that companies are ramping up security spending to combat rising threats. The cybersecurity market is projected to reach $183 billion globally this year, presenting major growth opportunities in cybersecurity stocks.

15-May-2024 9:15 AM

DGR Systems Achieves Top Fortinet Service Program Designation - EPSP

TAMPA, Fla. , May 15, 2024 /PRNewswire/ -- DGR Systems (DGR), a next generation technology solutions integrator, announced today they have been named a Fortinet Engage Preferred Services Partner (EPSP).

14-May-2024 6:00 AM

3 Cybersecurity Stocks to Profit From the Rise in Digital Dangers

While we celebrate grand innovations such as artificial intelligence, technology carries a dark side, which brings us to cybersecurity stocks to buy. As digitalization moves forward, so too will efforts to exploit vulnerabilities for personal or financial gain.

11-May-2024 3:20 AM

Is This Top Cybersecurity Stock Now Dead Money?

Fortinet stock has looked like a losing proposition

10-May-2024 10:30 AM

Cybersecurity Stocks at an Intriguing Entry Point

At first glance, cybersecurity is a fruitful growth sector for investors to dig into. Because cyber threats are ubiquitous, a cybersecurity's clientele can range from brick-and-mortar restaurants to a government defense contractor. Data breaches can happen to any anything with an internet connection; that's why the global cybersecurity workforce contains roughly 4.7 million people. Malware, ransomware, and cloud intrusions all increased by sizable margins year-over-year. Factor in the proliferation of generative artificial intelligence (AI), and it's all but certain cybersecurity will be on the bleeding edge of the tech sector for years to come.

10-May-2024 10:00 AM

Fortinet, Inc. (FTNT) Is a Trending Stock: Facts to Know Before Betting on It

Zacks.com users have recently been watching Fortinet (FTNT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

08-May-2024 4:20 AM

Fortinet: Market Overreaction Seems Unwarranted

07-May-2024 6:05 PM

Fortinet Reaffirms Its Commitment to Secure Product Development Processes and Responsible Vulnerability Disclosure Policies

As one of the first cybersecurity vendors to sign CISA's Secure by Design pledge, Fortinet furthers its dedication to a culture of responsible radical transparency with the safety of customers top of mind As one of the first cybersecurity vendors to sign CISA's Secure by Design pledge, Fortinet furthers its dedication to a culture of responsible radical transparency with the safety of customers top of mind

07-May-2024 12:31 PM

Fortinet, Inc. Outlook

Fortinet, Inc. News