Fortinet, Inc.

FTNT

US34959E1091

Fortinet, Inc. specializes in the creation, development and marketing of integrated cybersecurity software and equipment for the protection of networks and information systems infrastructures as well as for the protection of company and government data. Net sales break down by revenue source into sales of services (59.7%) and products (40.3%). Net sales are distributed geographically as follows: the United States (30%), Americas (10.4%), Europe/Middle East/Africa (38.3%) and Asia/Pacific (21.3%).

Sector

Software

Calendar

2024-08-06 - Q2 2024 Earnings Release

Related indices

S&P 500

More about the company

Income Statement Evolution

More financial data

Ratings for Fortinet, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

59.9 USD

Average target price

71.43 USD

Spread / Average Target

+19.24%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Security Software

	1st Jan change	Capi.
FORTINET, INC.	+2.34%	45.76B
PALO ALTO NETWORKS, INC.	+15.61%	110B
CHECK POINT SOFTWARE TECHNOLOGIES LTD.	+12.61%	19.43B
GEN DIGITAL INC.	+11.13%	15.88B
CYBERARK SOFTWARE LTD.	+25.68%	11.88B
DARKTRACE PLC	+57.35%	4.82B
SANGFOR TECHNOLOGIES INC.	-33.66%	2.76B
BLACKBERRY LIMITED	-27.23%	1.48B
HANGZHOU DPTECH TECHNOLOGIES CO.,LTD.	-24.49%	973M
RADWARE LTD.	+10.01%	767M

Security Software

Market Closed - Nasdaq Other stock markets 16:00:00 2024-07-15 EDT			5-day change	1st Jan Change
59.9 ^USD	+0.59%		-0.35%	+2.34%

07-15	Google to Become Cloud Security Leader With Potential Wiz Deal, Oppenheimer Says	MT
07-11	Barclays Adjusts Price Target on Fortinet to $70 From $75, Maintains Equalweight Rating	MT

Google to Become Cloud Security Leader With Potential Wiz Deal, Oppenheimer Says	07-15	MT
Barclays Adjusts Price Target on Fortinet to $70 From $75, Maintains Equalweight Rating	07-11	MT
Capital One Securities Adjusts Fortinet's Price Target to $63 From $65, Keeps Equalweight Rating	07-11	MT
KDDI Selects Fortinet for New Global Managed SASE Service	07-10	CI
Fortinet, Inc.(NasdaqGS:FTNT) added to Russell Top 200 Value Index	06-30	CI
Fortinet, Inc.(NasdaqGS:FTNT) added to Russell 3000 Value Index	06-30	CI
Fortinet, Inc.(NasdaqGS:FTNT) added to Russell 1000 Value Index	06-30	CI
Fortinet, Inc.(NasdaqGS:FTNT) added to Russell 3000E Value Index	06-30	CI
Cloud Computing Adoption Spurs Cybersecurity Risks, Driving Growth for Cloud-Native Application Protection Platform Market, BofA Says	06-26	MT
Fortinet Insider Sold Shares Worth $2,903,577, According to a Recent SEC Filing	06-13	MT
Fortinet Agrees to Acquire Cloud Security Firm Lacework	06-10	MT
Fortinet, Inc. signed a definitive agreement to acquire Lacework, Inc.	06-09	CI
Fortinet Insider Sold Shares Worth $3,428,621, According to a Recent SEC Filing	06-06	MT
Transcript : Fortinet, Inc. Presents at BofA Securities 2024 Global Technology Conference, Jun-05-2024 10:40 AM	06-05
Nvidia Isn't the Only Way to Play AI	05-31	MT
Nvidia Isn't the Only Way to Play AI	05-31	MT
Fortinet Picked by FC Barcelona as Cybersecurity Partner for Future Camp Nou	05-23	MT
FC Barcelona Selects Fortinet as Its Official Cybersecurity Partner for the Future Spotify Camp Nou	05-23	CI
Transcript : Fortinet, Inc. Presents at The 52nd J.P. Morgan Annual Global Technology, Media & Communications Conference, May-21-2024 10:50 AM	05-21
The latest transactions by star managers	05-21
Fortinet Insider Sold Shares Worth $2,932,562, According to a Recent SEC Filing	05-16	MT
Daiwa Securities Adjusts Fortinet Price Target to $67 From $75	05-07	MT
Tranche Update on Fortinet, Inc.'s Equity Buyback Plan announced on January 28, 2016.	05-06	CI
Susquehanna Adjusts Price Target on Fortinet to $65 From $80	05-06	MT
UBS Adjusts Price Target on Fortinet to $69 From $76, Maintains Neutral Rating	05-03	MT