The cybersecurity industry enjoys robust growth, with remote work, cloud, and AI providing strong tailwinds for Fortinet. Fortinet is led by its founders, who have a proven track record and a substantial stake in the company. Margin expansion, strong revenue growth, and high ROIC highlight Fortinet's focus on profitability versus peers.
In the latest trading session, Fortinet (FTNT) closed at $105.72, marking a +2.53% move from the previous day.
FortiGate continues to power FTNT's growth with mid-teens hardware gains and new launches like the 700G series for enterprises.
Fortinet's unified SASE strategy fuels growth, but premium valuation and fierce competition keep the stock in hold territory.
Fortinet (FTNT) concluded the recent trading session at $104.44, signifying a +1.25% move from its prior day's close.
Fortinet (FTNT) concluded the recent trading session at $100.84, signifying a -1.98% move from its prior day's close.
Fortinet (FTNT) reached $101.95 at the closing of the latest trading day, reflecting a +1.11% change compared to its last close.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
FTNT leans into FortiGuard AI to drive growth, as services now make up 70% of revenues and power key product innovations.
Fortinet (FTNT) reported earnings 30 days ago. What's next for the stock?
Fortinet, Inc. (NASDAQ:FTNT ) Bank of America Global Technology Conference June 3, 2025 12:20 PM ET Company Participants Ken Xie - CEO Christiane Ohlgart - CFO Conference Call Participants Tal Liani - BAML Tal Liani [Call Started Abruptly] I wanted to get your perspective. Christiane Ohlgart Yes.
Fortinet (FTNT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).