Fortinet

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About FTNT

Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers, government organizations, and small to medium-sized businesses. Its product portfolio includes network security, secure access service edge, enterprise networking, security operations, application security, and operational technology. 

CEO
Ken Xie
CEOKen Xie
Employees
13,568
Employees13,568
Headquarters
Sunnyvale, California
HeadquartersSunnyvale, California
Founded
2000
Founded2000
Employees
13,568
Employees13,568

FTNT Key Statistics

Market cap
44.93B
Market cap44.93B
Price-Earnings ratio
42.47
Price-Earnings ratio42.47
Dividend yield
Dividend yield
Average volume
5.65M
Average volume5.65M
High today
$62.49
High today$62.49
Low today
$58.79
Low today$58.79
Open price
$61.86
Open price$61.86
Volume
15.90M
Volume15.90M
52 Week high
$81.24
52 Week high$81.24
52 Week low
$44.12
52 Week low$44.12

FTNT News

Simply Wall St 2h
Fortinet First Quarter 2024 Earnings: Beats Expectations

Fortinet (NASDAQ:FTNT) First Quarter 2024 Results Key Financial Results Revenue: US$1.35b (up 7.2% from 1Q 2023). Net income: US$299.3m (up 21% from 1Q 2023)...

Fortinet First Quarter 2024 Earnings: Beats Expectations
Barron's 22h
Fortinet and Cloudflare Stocks Are Sinking. ‘Uncertainty Is Up’ in Cybersecurity.

Apple bumper stock-buyback announcement is dominating the tech news, but don’t overlook the trouble in cybersecurity highlighted by Fortinet and Cloudflare earn...

Fortinet and Cloudflare Stocks Are Sinking. ‘Uncertainty Is Up’ in Cybersecurity.
Yahoo Finance 24h
Fortinet, Inc. Q1 2024 Earnings Call Transcript - Yahoo Finance

Fortinet, Inc. (NASDAQ:FTNT) Q1 2024 Earnings Call Transcript May 2, 2024 Fortinet, Inc. beats earnings expectations. Reported EPS is $0.43, expectations were...

Fortinet, Inc. Q1 2024 Earnings Call Transcript - Yahoo Finance

Analyst ratings

63%

of 40 ratings
Buy
35%
Hold
62.5%
Sell
2.5%

More FTNT News

Investor's Business Daily 24h
Firewall Market Blues: Fortinet Earnings Top Views While Billings Miss

Shares in Fortinet (FTNT) fell Friday after the cybersecurity firm reported March-quarter earnings and revenue that topped analyst estimates. First quarter bill...

Firewall Market Blues: Fortinet Earnings Top Views While Billings Miss
TipRanks 1d
Fortinet price target lowered to $68 from $71 at RBC Capital

RBC Capital lowered the firm’s price target on Fortinet to $68 from $71 and keeps a Sector Perform rating on the shares. The company’s Q1 results and outlook we...

Seeking Alpha 1d
Fortinet dips amid mixed Q1 with billings miss but Wall Street positive on future growth

Fortinet's (NASDAQ:FTNT) stock fell about 8% premarket on Friday following its first quarter results, but KeyBanc Capital Markets, Raymond James and Wedbush mai...

Fortinet dips amid mixed Q1 with billings miss but Wall Street positive on future growth
Yahoo Finance 1d
Fortinet Q1 Earnings Beat Expectations, Sales Rise Y/Y - Yahoo Finance

Fortinet Inc. FTNT reported strong first-quarter 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and improved year over...

Fortinet Q1 Earnings Beat Expectations, Sales Rise Y/Y - Yahoo Finance
Yahoo Finance 2d
Fortinet Q1 Earnings: How Key Metrics Compare to Wall Street Estimates - Yahoo Finance

For the quarter ended March 2024, Fortinet (FTNT) reported revenue of $1.35 billion, up 7.2% over the same period last year. EPS came in at $0.43, compared to $...

Fortinet Q1 Earnings: How Key Metrics Compare to Wall Street Estimates - Yahoo Finance
Yahoo Finance 2d
Fortinet Inc Q1 2024 Earnings: Aligns with EPS Projections, Surpasses Revenue Estimates - Yahoo Finance

Revenue: $1.35 billion, up 7% year-over-year, slightly above estimates of $1.34 billion. Net Income: GAAP net income of $299.3 million, up from $247.7 million...

Fortinet Inc Q1 2024 Earnings: Aligns with EPS Projections, Surpasses Revenue Estimates - Yahoo Finance
Benzinga 2d
Cybersecurity Firm Fortinet Q1 Earnings: Product Revenue Falls, Billings Fall, Robust Outlook

Loading... Loading... Fortinet, Inc. FTNT reported its first-quarter financial results after the bell on Thursday. Here are the highlights. Fortinet reported...

Cybersecurity Firm Fortinet Q1 Earnings: Product Revenue Falls, Billings Fall, Robust Outlook
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