Fortinet, Inc.

FTNT

US34959E1091

Software

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
64.03 ^USD	-2.17%		0.00%	+9.40%

Apr. 18	Jefferies Adjusts Fortinet's Price Target to $70 From $75, Keeps Hold Rating	MT
Apr. 18	Fortinet Insider Sold Shares Worth $3,110,740, According to a Recent SEC Filing	MT

Linksys USA, Inc. announced that it has received funding from Fortinet, Inc.

September 24, 2021

On September 25, 2021, Linksys USA, Inc. closed the transaction. The company received its final tranche on the same day. Post closing of the transaction, FIT Hon Teng Limited holds 49.21% stake in the company.

Latest news about Fortinet, Inc.

Jefferies Adjusts Fortinet's Price Target to $70 From $75, Keeps Hold Rating	Apr. 18	MT
Fortinet Insider Sold Shares Worth $3,110,740, According to a Recent SEC Filing	Apr. 18	MT
Fortinet, Inc. Announces the Latest Version of Its FortiOS Operating System and Other Major Enhancements to the Cybersecurity Platform, the Fortinet Security Fabric	Apr. 02	CI
Fortinet Insider Sold Shares Worth $3,368,416, According to a Recent SEC Filing	Mar. 14	MT
Wall St set to open higher after Powell's remarks, private payrolls data	Mar. 06	RE
North American Morning Briefing : Stock Futures Rise Ahead of Powell's Testimony	Mar. 06	DJ
CrowdStrike stock jumps as forecast signals strong cybersecurity demand	Mar. 06	RE
Transcript : Fortinet, Inc. Presents at Morgan Stanley?s Technology, Media & Telecom Conference 2024, Mar-05-2024 02:05 PM	Mar. 05
CrowdStrike forecasts upbeat annual results on resilient cybersecurity spend	Mar. 05	RE
Fortinet Appoints Maggie Wilderotter to the Board of Directors	Feb. 22	CI
Equities down again on caution ahead of Nvidia earnings	Feb. 21	RE
Nasdaq tumbles ahead of AI-darling Nvidia's results, Fed minutes	Feb. 21	RE
Wall St set to retreat ahead of AI-darling Nvidia's results, Fed minutes	Feb. 21	RE
Futures dip ahead of high-stakes Nvidia results, Fed minutes	Feb. 21	RE
ANALYST RECOMMENDATIONS : Coinbase, Fortinet, Nike, Chipotle, Nvidia...	Feb. 16
Fortinet Insider Sold Shares Worth $6,435,769, According to a Recent SEC Filing	Feb. 15	MT
Akamai Technologies misses quarterly revenue estimates on weak security demand	Feb. 13	RE
Fortinet Insider Sold Shares Worth $3,080,917, According to a Recent SEC Filing	Feb. 13	MT
Wait... Not so fast!	Feb. 13
Daiwa Securities Upgrades Fortinet to Outperform From Neutral, Price Target is $75	Feb. 13	MT
ANALYST RECOMMENDATIONS : PayPal, United Airlines, Nvidia, Home Depot, Wizz Air...	Feb. 13
Cantor Fitzgerald Adjusts Price Target on Fortinet to $65 From $75, Maintains Neutral Rating	Feb. 12	MT
North American Morning Briefing : Stock Futures -2-	Feb. 09	DJ
Goldman Sachs Raises Price Target on Fortinet to $85 From $60, Maintains Buy Rating	Feb. 08	MT
DZ Bank Downgrades Fortinet to Sell From Hold, Raises Price Target to $60 From $55	Feb. 08	MT

Chart Fortinet, Inc.

Duration

Period

More charts

Company Profile

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

2024-05-02 - Q1 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

64.03 USD

Average target price

76.29 USD

Spread / Average Target

+19.15%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Security Software

	1st Jan change	Capi.
FORTINET, INC.	+9.40%	49.94B
PALO ALTO NETWORKS, INC.	-2.07%	94.82B
GEN DIGITAL INC.	-9.95%	13.27B
CYBERARK SOFTWARE LTD.	+11.88%	10.35B
DARKTRACE PLC	+40.99%	4.15B
SANGFOR TECHNOLOGIES INC.	-23.79%	3.23B
BLACKBERRY LIMITED	-19.15%	1.7B
HANGZHOU DPTECH TECHNOLOGIES CO.,LTD.	-21.79%	991M
ASIAINFO SECURITY TECHNOLOGIES CO.,LTD.	-26.06%	765M
RADWARE LTD.	+3.12%	728M

Security Software

Fortinet, Inc.

Equities

FTNT

US34959E1091

Software

Linksys USA, Inc. announced that it has received funding from Fortinet, Inc.

EPS Revisions