Yahoo Finance • 16 days ago

Cybersecurity Firm Fortinet Earnings Top Wall Street Targets. Billings Guidance Light.

Cybersecurity firm Fortinet reported Q3 earnings and revenue that topped Wall Street analyst estimates while billings guidance came in below expectations. Continue reading View comments... Full story

Yahoo Finance • last month

Fortinet Inc. (FTNT): This High Growth Software Stock Is Profitable In 2024

We recently compiled a list of the 8 High Growth Software Stocks That Are Profitable In 2024.In this article, we are going to take a look at where Fortinet Inc. (NASDAQ:FTNT) stands against the other high growth software stocks. The Softw... Full story

Yahoo Finance • last month

KeyBanc raises price targets on cyber stocks after VAR survey

Investing.com -- KeyBanc Capital Markets has lifted price targets for several key cybersecurity stocks following positive findings from its 3Q24 value-added reseller (VAR) survey. The survey’s findings revealed improved performance and ou... Full story

Yahoo Finance • last month

Fortinet FortiGuard Labs Observes Darknet Activity Targeting the 2024 United States Presidential Election

Fortinet, Inc. Phishing scams aimed at voters, malicious domain registrations impersonating candidates, and other threat activity designed to exploit unassuming victims take center stage as the U.S. election approaches SUNNYVALE, Calif.,... Full story

Yahoo Finance • last month

Is Fortinet Inc. (FTNT) the Most Profitable NASDAQ Stock to Invest In?

We recently compiled a list of the 10 Most Profitable NASDAQ Stocks To Invest In.In this article, we are going to take a look at where Fortinet Inc. (NASDAQ:FTNT) stands against the other profitable NASDAQ stocks. Is the Market Sentiment... Full story

Yahoo Finance • last month

Mexico faces over half of Latin American cybercrimes due largely to US ties

By Aida Pelaez-Fernandez MEXICO CITY (Reuters) - Mexico accounted for just over half of all cyber threats reported in Latin America in the first half of 2024, cybersecurity firm Fortinet said in a study. WHY IT'S IMPORTANT As Mexico und... Full story

Yahoo Finance • 2 months ago

Fortinet is the Only Leader Positioned as Highest in Ability to Execute for the Fourth Consecutive Year in the 2024 Gartner® Magic Quadrant™ for SD-WAN

Fortinet, Inc. Fortinet named a Leader in the 2024 Gartner Magic Quadrant for SD-WAN for the fifth year in a row SUNNYVALE, Calif., Oct. 04, 2024 (GLOBE NEWSWIRE) -- John Maddison, Chief Marketing Officer at Fortinet "Fortinet has once... Full story

Yahoo Finance • 2 months ago

Is It Time To Consider Buying Fortinet, Inc. (NASDAQ:FTNT)?

Today we're going to take a look at the well-established Fortinet, Inc. (NASDAQ:FTNT). The company's stock saw a significant share price rise of 40% in the past couple of months on the NASDAQGS. The recent jump in the share price has meant... Full story

Yahoo Finance • 2 months ago

Fortinet, Inc. (NASDAQ:FTNT) is favoured by institutional owners who hold 70% of the company

Key Insights Institutions' substantial holdings in Fortinet implies that they have significant influence over the company's share price The top 14 shareholders own 50% of the company Insiders own 16% of Fortinet To get a sense of who is... Full story

Yahoo Finance • 2 months ago

Fortinet, Inc.'s (NASDAQ:FTNT) Intrinsic Value Is Potentially 60% Above Its Share Price

Key Insights The projected fair value for Fortinet is US$124 based on 2 Stage Free Cash Flow to Equity Fortinet's US$77.44 share price signals that it might be 37% undervalued The US$73.75 analyst price target for FTNT is 40% less than ou... Full story

Yahoo Finance • 2 months ago

Fortinet Opens New Company-Owned Innovation Hub in Chicago, Deepening its Global Reach and Commitment to Elevating Enterprise Customer Experiences Worldwide

Fortinet, Inc. Latest Fortinet-owned facility will include an R&D Center, Fortinet Cloud Point of Presence, Executive Briefing Center, Training Facility, and Support Center to Drive Innovation, Collaboration, and Growth in the Region CHI... Full story

Yahoo Finance • 2 months ago

Fortinet, Inc. (FTNT): Among the Unrivaled Stocks of the Next 10 Years

We recently compiled a list of the 10 Unrivaled Stocks of the Next 10 Years. In this article, we are going to take a look at where Fortinet, Inc. (NASDAQ:FTNT) stands against the other unrivaled stocks of the next 10 years. Growing a busi... Full story

Yahoo Finance • 3 months ago

Better Cybersecurity Stock: Fortinet vs. Zscaler

Fortinet(NASDAQ: FTNT) and Zscaler(NASDAQ: ZS) represent two different ways to invest in the expanding cybersecurity market. Fortinet provides a wide range of endpoint security services for on-premises, cloud-based, and Internet of Things... Full story

Yahoo Finance • 3 months ago

FTNT, CRWD, or PANW: Which Cybersecurity Stock Is the Best Pick?

Cyber attacks have been rising amid growing digitization and geopolitical tensions. Moreover, the sophistication of these attacks has increased, with cyber criminals leveraging advanced technologies and artificial intelligence (AI). As per... Full story

Yahoo Finance • 3 months ago

Is Now The Time To Put Fortinet (NASDAQ:FTNT) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Unfortunately, these high risk investments often... Full story

Yahoo Finance • 3 months ago

Unimpressed by Big Tech in Q3? Now's the time to try these top value plays instead

Investing.com — For the first time in years, staying long on the Mag 7 hasn't quite paid off as expected. Since the start of H2, the Roundhill Magnificent Seven ETF (NASDAQ:MAGS) has shed -1.05%, while the S&P 500 gained a solid 3.44% duri... Full story

Yahoo Finance • 3 months ago

This Tech Stock Has Gone Parabolic, and You Should Consider Buying It Before It Soars Even Higher

Fortinet(NASDAQ: FTNT) released its second-quarter 2024 results on Aug. 6, and the stock has witnessed a massive surge of 35% since then thanks to impressive growth in its revenue and earnings that were enough to help it beat Wall Street's... Full story

Yahoo Finance • 3 months ago

Is There Now An Opportunity In Fortinet, Inc. (NASDAQ:FTNT)?

Today we're going to take a look at the well-established Fortinet, Inc. (NASDAQ:FTNT). The company's stock led the NASDAQGS gainers with a relatively large price hike in the past couple of weeks. The recent jump in the share price has mean... Full story

Yahoo Finance • 3 months ago

With 70% ownership, Fortinet, Inc. (NASDAQ:FTNT) boasts of strong institutional backing

Key Insights Institutions' substantial holdings in Fortinet implies that they have significant influence over the company's share price 50% of the business is held by the top 14 shareholders Insiders own 16% of Fortinet A look at the sha... Full story

Yahoo Finance • 3 months ago

Juventus Football Club Announces Fortinet as Its Official Cybersecurity Partner

Fortinet, Inc. Juventus selects Fortinet’s Security Fabric platform and Secure Networking portfolio to simplify management and help detect and resolve network and security issues across its world-renowned facilities SUNNYVALE, Calif., Au... Full story