Despite FTNT's solid growth, competitive pressures and macro headwinds suggest investors may benefit from awaiting a more attractive entry point in 2025.
Fortinet (FTNT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
As digital transformation speeds up and cyber threats intensify, cybersecurity stocks are poised to deliver market-beating returns.
Recently, Zacks.com users have been paying close attention to Fortinet (FTNT). This makes it worthwhile to examine what the stock has in store.
Fortinet (FTNT) closed the most recent trading day at $96.13, moving +0.06% from the previous trading session.
Cybersecurity companies are unlikely to face severe negative impacts from increased tariffs.
Fortinet (FTNT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Fortinet (FTNT) concluded the recent trading session at $88.15, signifying a +0.17% move from its prior day's close.
Many tech stocks plummeted this month after the Trump administration imposed its "Liberation Day" tariffs on most of the country's top trading partners. Higher tariffs against China, Taiwan, South Korea, Thailand, Vietnam, and India raised bright red flags for American tech companies, which were tightly tethered to those countries.
Over the past 52 weeks, a seemingly unlikely winner has emerged among cybersecurity stocks. That stock is Fortinet NASDAQ: FTNT.
Fortinet (FTNT) closed at $99.79 in the latest trading session, marking a +1.16% move from the prior day.
FTNT's FortiEDR innovations drive growth, while its unified security approach positions the stock as a compelling cybersecurity buy for 2025.