The Underdog Breaks Through: Maintaining Fortinet With A Buy
Fortinet's stock dipped post-earnings due to reduced guidance but rebounded as it beat revenue and EPS consensus, showing resilience and investor confidence. I maintain a buy rating on FTNT, driven by AI-driven SecOps, product revenue rebound, and easing macro headwinds, and I expect continued high double-digit growth into 2025. I herein share my positive sentiment on Fortinet stock and why I see green shoots into 2025.
Fortinet (FTNT) is an Incredible Growth Stock: 3 Reasons Why
Fortinet (FTNT) possesses solid growth attributes, which could help it handily outperform the market.
Fortinet Surges 18.5% Since Q3 Results: Time to Buy the Stock?
FTNT's record margins, 13% revenue growth and AI innovation make it a compelling buy. Solid SASE momentum & expanding security portfolio position it for sustained growth.
Best Momentum Stocks to Buy for November 13th
TOST, FTNT and PAYO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 13, 2024.
Fortinet (FTNT) is a Top-Ranked Growth Stock: Should You Buy?
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Fortinet, Inc. (FTNT) Hits Fresh High: Is There Still Room to Run?
Fortinet (FTNT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Don't Overlook Fortinet (FTNT) International Revenue Trends While Assessing the Stock
Review Fortinet's (FTNT) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
Fortinet Q3 Earnings Surpass Estimates, Sales Increase Y/Y
FTNT's third-quarter results reflect strength in demand from large enterprise customers and growth in the company's security subscriptions.
Fortinet, Inc. (FTNT) Q3 2024 Earnings Call Transcript
Fortinet, Inc. (NASDAQ:FTNT ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Aaron Ovadia - Director of Investor Relations Ken Xie - Founder, Chairman & Chief Executive Officer Keith Jensen - Chief Financial Officer Christian Agard - Sales Operations Leader John Whittle - Chief Operating Officer Conference Call Participants Hamza Fodderwala - Morgan Stanley Brian Essex - JPMorgan Fatima Boolani - Citi Saket Kalia - Barclays Gabriela Borges - Goldman Sachs Shaul Eyal - TD Cowen Rob Owens - Piper Sandler Catharine Trebnick - Rosenblatt Adam Borg - Stifel Joseph Gallo - Jefferies Keith Bachman - BMO Capital Markets Gray Powell - BTIG Operator Good day and thank you for standing by. Welcome to the Fortinet Q3 2024 Earnings Conference Call.
Fortinet (FTNT) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Fortinet (FTNT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Fortinet (FTNT) Surpasses Q3 Earnings and Revenue Estimates
Fortinet (FTNT) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.41 per share a year ago.
Fortinet's quarterly revenue forecast disappoints, shares fall
Cybersecurity firm Fortinet's fourth-quarter revenue forecast failed to impress investors on Thursday, sending its shares down over 8% in extended trading.
