FTNT - Fortinet, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
82.48
+1.13 (+1.39%)
As of 10:02AM EDT. Market open.
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Previous Close81.35
Open82.44
Bid82.60 x 900
Ask82.70 x 800
Day's Range82.19 - 82.88
52 Week Range58.10 - 96.96
Volume77,215
Avg. Volume1,704,709
Market Cap14.084B
Beta (3Y Monthly)1.09
PE Ratio (TTM)41.12
EPS (TTM)2.01
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est92.08
Trade prices are not sourced from all markets
  • GlobeNewswire1 hour ago

    Cyber Adversaries Flock to Apps Where the Users Are and When Users Are Online

    Fortinet® (FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, today announced the findings of its latest quarterly Global Threat Landscape Report. The research reveals that cybercriminals continue to evolve the sophistication of their attack methods, from tailored ransomware and custom coding for some attacks, to living-off-the-land (LoTL) or sharing infrastructure to maximize their opportunities.

  • Top 5 Information Technology Stocks of 2018 by Performance
    Investopedia22 hours ago

    Top 5 Information Technology Stocks of 2018 by Performance

    These top information technology (IT) stocks have outperformed the rest amid a period of heightened volatility in the tech sector for 2018.

  • Zacks.com featured highlights include: IAC/InterActiveCorp, Tactile Systems Technology, Martin Marietta Materials, Fortinet and Intuit
    Zacksyesterday

    Zacks.com featured highlights include: IAC/InterActiveCorp, Tactile Systems Technology, Martin Marietta Materials, Fortinet and Intuit

    Zacks.com featured highlights include: IAC/InterActiveCorp, Tactile Systems Technology, Martin Marietta Materials, Fortinet and Intuit

  • Do Fortinet's (NASDAQ:FTNT) Earnings Warrant Your Attention?
    Simply Wall St.yesterday

    Do Fortinet's (NASDAQ:FTNT) Earnings Warrant Your Attention?

    Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...

  • These 5 Top Stocks May Surprise You With an Earnings Beat
    Zacks4 days ago

    These 5 Top Stocks May Surprise You With an Earnings Beat

    These top-ranked stocks are likely to beat on the bottom line in their next releases.

  • GlobeNewswire8 days ago

    Fortinet to Provide Strategic Cyber Insight to Global Leaders

    SUNNYVALE, Calif. and BOGOTÁ, Colombia, May 13, 2019 -- Phil Quade, CISO at Fortinet“I look forward to collaborating with global leaders to deliver a response to the.

  • Why Fortinet Stock Gained 11.3% in April
    Motley Fool12 days ago

    Why Fortinet Stock Gained 11.3% in April

    The cybersecurity stock continues to be volatile but posted big gains over the last year.

  • A Look at Fortinet’s Stock Returns and Valuation
    Market Realist14 days ago

    A Look at Fortinet’s Stock Returns and Valuation

    How Have Cybersecurity Stocks Been Performing Recently?(Continued from Prior Part)Stock returnsFortinet is one of the major players in the cybersecurity space. Fortinet (FTNT) has gained just over 2% since the start of April 2019. The stock though

  • Markit14 days ago

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

    Fortinet Inc NASDAQ/NGS:FTNTView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort 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 flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $4.16 billion over the last one-month into ETFs that hold FTNT are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NeutralAccording 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. Credit worthinessCredit default swapCDS 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.

  • Why Fortinet Stock Fell Over 6% on May 3
    Market Realist15 days ago

    Why Fortinet Stock Fell Over 6% on May 3

    These Tech Stocks Lost Big on May 3(Continued from Prior Part)Stock returnsFortinet (FTNT) fell 6% on May 3 to close trading at $85.96. The stock has now declined 8% this month. Fortinet’s stock though has still returned 22% in 2019 despite the

  • Symantec (SYMC) to Report Q4 Earnings: What's in Store?
    Zacks15 days ago

    Symantec (SYMC) to Report Q4 Earnings: What's in Store?

    Symantec's (SYMC) fiscal Q4 results may benefit from improvement in Enterprise Security segment. However, decline in the Consumer business is a concern.

  • GlobeNewswire15 days ago

    Fortinet Continues to Expand its Global Network Security Academy Program to Develop Cybersecurity Talent Worldwide

    “For years Fortinet has been committed to closing the cybersecurity skills gap through our training and education initiatives. The Fortinet Network Security Academy program partners with academic institutions, non-profits and veteran programs to equip participants with the skills necessary for a career in cybersecurity. SUNNYVALE, Calif., May 06, 2019 (GLOBE NEWSWIRE) -- Fortinet®, a global leader in broad, integrated and automated cybersecurity solutions, today announced new additions to its Fortinet Network Security Academy (FNSA) program, including The Institute of Technical Education (ITE) in Singapore, NTUC LearningHub in Singapore and Faculdade de Tecnologia FIAP in Brazil.

  • 3 Reasons Why Fortinet (FTNT) Is a Great Growth Stock
    Zacks15 days ago

    3 Reasons Why Fortinet (FTNT) Is a Great Growth Stock

    Fortinet (FTNT) could produce exceptional returns because of its solid growth attributes.

  • Fortinet Expects Another Solid Year
    Motley Fool18 days ago

    Fortinet Expects Another Solid Year

    The company isn't feeling some of the headwinds other companies are facing.

  • MarketWatch18 days ago

    Fortinet stock falls after Citi downgrades to sell

    Citi Research analyst Walter Pritchard downgraded shares of cybersecurity company Fortinet Inc. to sell from neutral on Friday after the company beat earnings expectations with its first-quarter report a day earlier. Pritchard worries if the company is pursuing the wrong strategy given industry trends. "Fortinet is doubling down on integrating security with network, and network products have helped drive incremental product growth over the last 18 months," he wrote. This strategy is more in line with Cisco Systems Inc.'s strengths, he said, but even Cisco's success with it has been "underwhelming," in his view. "We contrast strategy with peers Palo Alto Networks and, more recently Check Point Software Technologies , focused on maintaining relevance as customers look to secure cloud, where Fortinet lags," he wrote. Pritchard also saw "weak product trends" in the first quarter and said that this is the area of the business where problems would normally show up first. He cut his target price to $78 from $84 in conjunction with the downgrade. Fortinet shares are down 6.5% in Friday trading, though several other analysts raised their price targets. The stock has gained 21% so far this year, as the S&P 500 has risen 17%.

  • Is Fortinet, Inc. (NASDAQ:FTNT) Potentially Underrated?
    Simply Wall St.18 days ago

    Is Fortinet, Inc. (NASDAQ:FTNT) Potentially Underrated?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Building up an investment case requires looking at a stock holistically. Today I've chosen t...

  • Thomson Reuters StreetEvents18 days ago

    Edited Transcript of FTNT earnings conference call or presentation 2-May-19 8:30pm GMT

    Q1 2019 Fortinet Inc Earnings Call

  • MarketWatch18 days ago

    Fortinet stock falls after earnings, but analysts are boosting their targets

    Shares of cybersecurity company Fortinet Inc. are down more than 7% in Friday morning trading, after the company reported an earnings beat but delivered in-line sales in its March-quarter report. William Blair analyst Jonathan Ho said that the company's revised forecast might have been more conservative than analysts had been projecting, but he said that such conservatism is typical toward the beginning of the fiscal year. Ho rates the stock at outperform. Other analysts hiked their price targets, including Wedbush's Daniel Ives, who raised his target to $105 from $100. "In our view, the company's shift to more of a platform story over the next few years is a linchpin that materially broadens its opportunity set and should allow for growth to sustain for a longer period especially with 5G around the corner as another potential catalyst," he wrote. Ives rates the stock at outperform. Piper Jaffray's Andrew Nowinski increased his target to $100 from $92, writing that Fortinet's raised outlook for the full year suggests that the company "continues to gain momentum and is capturing market share." He has an overweight rating on shares, which have gained 20% so far this year, as the S&P 500 has risen 17%.

  • Fortinet Inc (FTNT) Q1 2019 Earnings Call Transcript
    Motley Fool18 days ago

    Fortinet Inc (FTNT) Q1 2019 Earnings Call Transcript

    FTNT earnings call for the period ending March 31, 2019.

  • Fortinet's (FTNT) Q1 Earnings & Revenues Beat Estimates
    Zacks18 days ago

    Fortinet's (FTNT) Q1 Earnings & Revenues Beat Estimates

    Fortinet's (FTNT) first-quarter results benefit from strength across all its segments.

  • Dow Jones Futures: Stock Market Rally Turns To Jobs Report; 8 Big Movers On Earnings
    Investor's Business Daily18 days ago

    Dow Jones Futures: Stock Market Rally Turns To Jobs Report; 8 Big Movers On Earnings

    Dow Jones futures: The current stock market rally awaits the April jobs report. Acacia, Arista Networks, Shake Shack, Planet Fitness, MercadoLibre and Fortinet were earnings movers overnight.

  • Fortinet Earnings, Revenue Guidance Meet Expectations; Stock Falls
    Investor's Business Daily19 days ago

    Fortinet Earnings, Revenue Guidance Meet Expectations; Stock Falls

    Fortinet earnings and revenue for the first quarter beat estimates, but its June-quarter outlook only met Wall Street targets. Fortinet stock fell in late action after the close Thursday.

  • Associated Press19 days ago

    Fortinet: 1Q Earnings Snapshot

    On a per-share basis, the Sunnyvale, California-based company said it had profit of 34 cents. Earnings, adjusted for one-time gains and costs, came to 46 cents per share. The results beat Wall Street expectations. ...

  • MarketWatch19 days ago

    Fortinet shares fall even as earnings, outlook top Street view

    Fortinet Inc. shares declined in the extended session Thursday even after the cybersecurity company's results and guidance topped Wall Street estimates. Fortinet shares fell 4.6% after hours, following a 0.4% decline to close the regular session at $91.51. The company reported first-quarter net income of $58.8 million, or 34 cents a share, compared with $41.6 million, or 24 cents a share, in the year-ago period. Adjusted earnings were 46 cents a share. Revenue rose to $472.6 million from $399 million in the year-ago quarter, and billings were $551.6 million. Analysts surveyed by FactSet had forecast earnings of 39 cents a share on revenue of $472 million, and billings of $528.3 million. Fortinet expects earnings of 49 cents to 51 cents a share on revenue of $505 million to $515 million, and billings of $585 million to $605 million for the second quarter, and $2.10 to $2.15 a share on revenue of $2.07 billion to $2.1 billion, and billings of $2.47 billion to $2.52 billion for the year. Analysts had earnings of 49 cents a share on revenue of $510.3 million with billings of $599.7 million for the second quarter, and earnings of $2.08 a share on revenue of $2.08 billion with billings of $2.48 billion for the year.