Fortinet (FTNT) concluded the recent trading session at $57.39, signifying a +0.68% move from its prior day's close.
The cybersecurity company's shares are roughy flat since Guggenheim's upgrade almost a year ago
Fortinet (FTNT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Fortinet (FTNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Fortinet (NASDAQ: FTNT ) stock is among the cybersecurity shares investors will want to keep an eye on Friday alongside the CrowdStrike (NASDAQ: CRWD ) outage. What appears to be a bad update from CrowdStrike has taken out machines running Microsoft's (NASDAQ: MSFT ) Windows operating systems around the world.
CrowdStrike Holdings, Inc.'s CRWD pain has become a gain for its cybersecurity peers and the latter as a group are seen advancing strongly in premarket trading on Friday.
The challenges of our time are not always related to basic issues such as food, medicine, education or construction. In the era of intensifying technological development, millions of users need ways to protect their digital presence.
Investors weren't happy with Fortinet's billings decline in the first quarter. The company is still a cybersecurity leader and growing new services.
In the most recent trading session, Fortinet (FTNT) closed at $58.79, indicating a -1.34% shift from the previous trading day.
Fortinet (FTNT) announces that its Unified SASE platform has been chosen by KDDI, utilizing FTNT's solution as the key product for the latter's Global platform.
Fortinet has a huge addressable market, and it's tapping into fast-growing verticals within cybersecurity. The company's subscription business has also been growing at a healthy pace.
Cybersecurity market expected to double to $128.99 billion by 2030. Fortinet has potential for growth despite recent decline in stock price. FTNT operates high-margin business with strong profitability, undervalued compared to competitors.