FTNT's cutting-edge cybersecurity solutions, including next-gen firewalls and AI capabilities, make the stock worth buying despite fierce competition.
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Cybersecurity stock Fortinet Inc. FTNT has been on a bullish tear, with the stock up 31.48% year-to-date, 29.42% over the past year, and an impressive 32.37% in the last month alone. The cybersecurity powerhouse continues to flex its muscles, outperforming market expectations and delivering robust financial results.
Fortinet (FTNT) announces that it has been chosen as the official cybersecurity partner for Juventus Football Club for the next two seasons.
As of Aug 16, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Last year, hackers stayed busy, launching 2,365 cyberattacks and resulting in more than 343 million victims. This wake-up call has made cybersecurity stocks more important than ever, turning them into a hotbed for investors.
Here is how Fortinet (FTNT) and PAR Technology (PAR) have performed compared to their sector so far this year.
The cybersecurity industry has been in greater focus since the outage caused by CrowdStrike.
This cybersecurity stock is adding to its earnings gap-up gains. Profit grew 50% in its most recent quarter.
Explore how Fortinet's (FTNT) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
Global cybersecurity leader Fortinet Inc. NASDAQ: FTNT stock has been surging following its robust Q2 2024 earnings top and bottom line beats. The company went ahead and raised its full-year 2024 guidance as a sweet cherry on top.
Fortinet's share price surged ~25% post 2Q24 earnings beat with revenue at $1.43 billion and EPS at $0.57, achieving record margins. Fortinet's market leadership, strong financials, and promising indicators makes it a good long-term buy. Fortinet's consistent product leadership is an indicator for long-term success.