FTNT - Fortinet, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
72.65
+0.31 (+0.43%)
At close: 4:00PM EST

72.64 -0.01 (-0.01%)
After hours: 5:26PM EST

Stock chart is not supported by your current browser
Previous Close72.34
Open71.94
Bid72.64 x 1000
Ask72.88 x 900
Day's Range71.75 - 73.32
52 Week Range43.55 - 94.37
Volume1,084,470
Avg. Volume2,214,411
Market Cap12.377B
Beta (3Y Monthly)1.13
PE Ratio (TTM)104.83
EPS (TTM)0.69
Earnings DateFeb 6, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est82.85
Trade prices are not sourced from all markets
  • Is Fortinet (FTNT) Outperforming Other Computer and Technology Stocks This Year?
    Zacks2 days ago

    Is Fortinet (FTNT) Outperforming Other Computer and Technology Stocks This Year?

    Is (FTNT) Outperforming Other Computer and Technology Stocks This Year?

  • FANG Stocks, Cyclicals Lead Nasdaq, Dow Jones Up; This Sector Is Poised To Rally More
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  • Markit3 days ago

    See what the IHS Markit Score report has to say about Fortinet Inc.

    # Fortinet Inc ### NASDAQ/NGS:FTNT View full report here! ## Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is low for FTNT with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $4.38 billion over the last one-month into ETFs that hold FTNT are among the highest of the last year, but the rate of growth is slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • InvestorPlace3 days ago

    Are the Analysts Right About Palo Alto Stock?

    Palo Alto Networks (NYSE:PANW) was quite a story when it hit the markets a little over six years ago. By the time its first year was over, PANW stock was on its way. Since its IPO, it's up more than 260%, or more than 45% a year for more than half a decade. But 2018 was a tough year for PANW for a couple of reasons. First, it got caught up in the big tech selloff. That wasn't something it could control, but that didn't really matter. It happened all the same. InvestorPlace - Stock Market News, Stock Advice & Trading Tips However, in the past 12 months the stock is up 27%, so it wasn't a disaster. And sales of upgrades for its current product line was up 30%. The numbers were solid, but there has been concern in the sector that a slowing economy may hamper enterprises' desire to prioritize cybersecurity in their budgets. ### Leadership Changes for PANW Stock Second and more specific to PANW is the shift in leadership in the company and what's in store for the future of the company. * 10 A-Rated Stocks the Smart Money Is Piling Into Last year, PANW got a new CEO in Nikesh Arora, a former executive at Japanese tech conglomerate SoftBank. Later in the year, Amit Singh was brought on board as president. He is a former VP of business and operations in emerging computing platforms at Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). First, analysts were concerned that neither of these two leaders had strong cybersecurity backgrounds. And then there was the issue with shareholders voicing their disdain for the $125 million pay package offered to Arora for a mere 39 business days of work in 2018. There was also some concern that Arora's pay package is built around PANW stock price, and that meant there may be significant M&A activity to spike the potential value of shares. But Arora and his management team have been reaching out to large shareholders and analysts to explain what their real plans are. This has helped calm some of the consternation that was showing up in PANW's stock price. There was also concern that PANW was going to have to enter the cloud security market after significantly disrupting the firewall enterprise market. This transition is another point of concern for analysts. However, PANW has already spent $500 million in the sector to beef up its offerings, so this is more a matter of executing than it is buying more cloud security assets. But a similar sized competitor -- Fortinet (NASDAQ:FTNT) -- is also going through the same transition. What's more, Palo Alto is also looking to move into the telecom sector, where FTNT is already positioned. Any market share PANW stock can get is a win for the company. As for the M&A concerns, Palo Alto leadership has said it's not looking for blockbuster deals, but rather small deals that will help it transition into the new markets it wants to enter. Ultimately this is more a pivot than a restructuring of the company, and the new leadership has a new skill set as well as holding onto the core cybersecurity talent it has built over the years. Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors * 7 Stocks at Risk of the Global Smartphone Slowdown * 7 Pharmaceutical Stocks That Just Raised Prices This Year Compare Brokers The post Are the Analysts Right About Palo Alto Stock? appeared first on InvestorPlace.

  • GlobeNewswire10 days ago

    Echoenergia adopts Fortinet operational technology security solutions to revolutionize the Brazilian renewable energy market

    Fortinet® (FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced that Echoenergia, a company that implements and operates projects for electricity generation from renewable sources, has chosen the Fortinet Security Fabric to optimize infrastructure, safety, reliability, and security for its growing customer base. Echoenergia’s relationship with Fortinet started at the company’s inception when FortiGate Next-Generation Firewalls were deployed in the first two wind farms acquired in May 2017, the company’s founding year. “The initial experience was so positive that 100 percent of our network environment is now protected with Fortinet technology in all our locations, including our headquarters,” stated Andre Spina, IT Manager at Echoenergia.

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    Top 5 Information Technology Stocks of 2018 by Performance

    Information Technology has faced a period of heightened volatility this year after nearly a decade of leading the market expansion since March 2009 lows. Concerns regarding slowing corporate earnings growth, inflated stock valuations, heightened regulatory pressure, and sector-specific headwinds like a downturn in the once red-hot chip industry, have dragged many IT stocks into correction territory.

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  • Fortinet (FTNT) Stock Sinks As Market Gains: What You Should Know
    Zacks13 days ago

    Fortinet (FTNT) Stock Sinks As Market Gains: What You Should Know

    Fortinet (FTNT) closed at $66.91 in the latest trading session, marking a -0.98% move from the prior day.

  • Federal Government Shutdown Could Hit These Tech Stocks But Spare Security
    Investor's Business Daily13 days ago

    Federal Government Shutdown Could Hit These Tech Stocks But Spare Security

    The partial federal government shutdown could impact the revenue of technology companies, while cybersecurity software providers seem better positioned to weather any spending cuts.

  • InvestorPlace13 days ago

    FTNT News: Why Fortinet Stock Is Lower Today

    Fortinet stock (NASDAQ:FTNT) is declining more than 1% on Friday as the company received a downgrade from an analyst at a major firm to end the week on a sour note. Goldman Sachs analyst Gabriela Borges changed her rating on cybersecurity software company, lowering it to a sell from a buy. Additionally, the analyst said that she has slashed her price target on the company to a Wall Street low of $59, a considerable drop from her previous price target of $95. The Goldman Sachs worker noted that Fortinet's stock price is expected to decline on "heightened cyclical risk," as well as a valuation that is higher than what the reality of the company's situation suggests. Borges added that she foresees a deceleration in the company's product revenue over the next two years. InvestorPlace - Stock Market News, Stock Advice & Trading Tips On a more positive note, the company has been named as a founding partner of the World Economic Forum's Center for Cybersecurity, which is in support of international efforts to create a collaboration between industry, academia, government and civil society with the goal of battling cyber crime. Fortinet added that founder, chairman and CEO Ken Xie will be a member of the center's advisory board, while also serving as a discussion leader for the upcoming cyber workforce session that is set to take place on Jan. 22 as part of the WEF Annual Meeting in Davos, Switzerland. FTNT stock is down about 1.1% on Friday. ### More From InvestorPlace * 7 A-Rated Tech Stocks That Will Power Innovation in 2019 * 10 Stocks That Won Big In 2018 * 10 Hot Companies Going Public in 2019 Compare Brokers The post FTNT News: Why Fortinet Stock Is Lower Today appeared first on InvestorPlace.

  • Benzinga13 days ago

    Goldman Sachs Downgrades Fortinet To Sell

    Fortinet Inc (NASDAQ: FTNT ) investors missed out on the market rally on Friday after the stock got a high-profile Wall Street downgrade. The Analyst Goldman Sachs analyst Gabriela Borges downgraded Fortinet ...

  • TripAdvisor in 2018: Fourth-Best Performer in the S&P 500
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  • Here's Why You Should Hold on to Symantec (SYMC) Stock Now
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  • GlobeNewswire16 days ago

    Fortinet to Announce Fourth Quarter 2018 Financial Results

    SUNNYVALE, Calif., Jan. 02, 2019 -- Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced that it will hold a.

  • Which Security Stock Could be the Fortinet (FTNT) of 2019?
    Zacks21 days ago

    Which Security Stock Could be the Fortinet (FTNT) of 2019?

    Here we present four cyber-security stocks that look well poised to give strong competition to Fortinet.

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  • Market Realist25 days ago

    How Symantec’s Cloud Security Product Became the Best

    On December 20, Symantec (SYMC) announced that its Cloud Workload Protection (or CWP) product won the “product of the year” award in the cloud security category. According to the press release, CRN named Symantec the winner of this award. Let’s understand what CWP is all about.

  • How Does Fortinet, Inc.’s (NASDAQ:FTNT) Earnings Growth Stack Up Against Industry Performance?
    Simply Wall St.26 days ago

    How Does Fortinet, Inc.’s (NASDAQ:FTNT) Earnings Growth Stack Up Against Industry Performance?

    Increase in profitability and industry-beating performance can be essential considerations in a stock for some investors. In this article, I will take a look at Fortinet, Inc.'s (NASDAQ:FTNT) track record Read More...

  • Amid Palo Alto Stock Angst, CEO Says No Major Acquisitions Coming
    Investor's Business Daily27 days ago

    Amid Palo Alto Stock Angst, CEO Says No Major Acquisitions Coming

    Palo Alto Network's new chief executive has met with Wall Street analysts aiming to ease worries over the firm's acquisition strategy. Palo Alto stock is down 26% from an all-time high.

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  • Unisys' (UIS) Stealth Wins Another Award for Cybersecurity
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  • GlobeNewswire29 days ago

    Fortinet’s Security-First Approach to SD-WAN Continues to Gain Momentum

    SUNNYVALE, Calif., Dec. 20, 2018 -- John Maddison, SVP of products and solutions at Fortinet“In today’s threat landscape, security can never be an afterthought in any network.