Glenmede Investment Management LP trimmed its position in Fortinet, Inc. (NASDAQ: FTNT) by 3.9% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 508,525 shares of the software maker's stock after selling 20,518 shares during the quarter. Glenmede Investment Management LP owned
Fortinet (FTNT) reached $83.44 at the closing of the latest trading day, reflecting a -1.14% change compared to its last close.
CreativeOne Wealth LLC cut its holdings in shares of Fortinet, Inc. (NASDAQ: FTNT) by 63.3% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,309 shares of the software maker's stock after selling 12,611 shares during the period. CreativeOne Wealth
Fortinet (FTNT) concluded the recent trading session at $84.4, signifying a +1.1% move from its prior day's close.
With shares priced at approximately $84.20, Fortinet (FTNT) is trading roughly 23% lower than its 52-week high.
Fortinet, Inc. (FTNT) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
A popular name in the Cybersecurity world, Fortinet ( NASDAQ:FTNT ) shares are trading at $77 as of February 25, down 28% from a year ago, and it should go without saying that the business case for optimism is harder to dismiss than the stock chart suggests.
Fortinet (NASDAQ:FTNT) is not just another entity in the cybersecurity realm; its recent financial outcomes depict a convincing narrative of ongoing growth and profitability within a swiftly advancing market. In the complete fiscal year 2025, the firm reported revenues of $6.80 billion, reflecting a 14% increase from the previous year, while billings rose 16% to $7.55 billion.
Fortinet delivered 13% sales growth in a transitional year, maintaining leadership in firewalls and expanding Unified SASE revenue by 40%. Despite product growth outpacing services, FTNT preserved strong margins and improved working capital, with FCF/share up 19.6% and inventory days down to 98. Guidance calls for 11% service revenue growth and non-GAAP EPS of $2.94–$3, with acceleration expected in 2026 as product sales drive future services.
Factors are aligning that suggest Fortinet NASDAQ: FTNT stock will rebound in 2026, with a 15% to 30% gain. They include technical setup, results, analyst trends, and institutional activity, collectively providing support and a tailwind for price action.
Explore Fortinet's (FTNT) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Palo Alto leads in market share and recurring revenue diversification but faces slowing subscription growth amid intensifying competition. Fortinet is favored for robust profitability, strong revenue growth, and a significant hardware refresh cycle opportunity. Both companies face rising competition from Microsoft and CrowdStrike and could see challenges in maintaining market share.