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    FTNT   US34959E1091

FORTINET, INC.

(FTNT)
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Accurate Analysis Matters: Fortinet Secure SD-WAN Cyber Threat Assessment Can Help

07/30/2021 | 12:29pm EDT

Customers continue to shift to SD-WAN architectures so they can realize all the benefits that a WAN Edge solution can bring to their networks. The SD-WAN market is expected to surpass the branch router market this year. Globally, managed SD-WAN services are gaining traction while in North America organizations tend to take more of a Do-It-Yourself (DIY) approach to SD-WAN. At the same time, MPLS is slowly eroding in favor of Internet. Advanced SD-WAN techniques ensure quality of experience is achieved regardless of latency, jitter, or packet loss.

The big question that remains is 'how should customers go about designing their networks based on application type, location, and security?' Most organizations run hundreds if not thousands of applications and these applications can reside anywhere. Some applications are consumed as a service (SaaS) such as Office 365. Some critical business applications are kept on-premise for different reasons. Some applications are migrating to the cloud or even born in the cloud.

Disclaimer

Fortinet Inc. published this content on 30 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2021 16:28:09 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2021 3 239 M - -
Net income 2021 534 M - -
Net cash 2021 2 648 M - -
P/E ratio 2021 94,6x
Yield 2021 -
Capitalization 48 913 M 48 913 M -
EV / Sales 2021 14,3x
EV / Sales 2022 11,9x
Nbr of Employees 9 043
Free-Float 81,8%
Chart FORTINET, INC.
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Fortinet, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends FORTINET, INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 27
Last Close Price 299,49 $
Average target price 299,80 $
Spread / Average Target 0,10%
EPS Revisions
Managers and Directors
Ken Xie Chairman & Chief Executive Officer
Michael Xie President, Director & Chief Technology Officer
Keith Franklin Jensen CFO, Chief Accounting Officer & Controller
Phil Quade Chief Information Security Officer
William H. Neukom Lead Independent Director
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