FTNT - Fortinet, Inc.
56.95 +0.21 (0.38%)
After hours: 4:13PM EDT
| Previous Close | 57.15 |
| Open | 57.57 |
| Bid | 56.12 x 300 |
| Ask | 57.80 x 1000 |
| Day's Range | 56.68 - 57.82 |
| 52 Week Range | 35.44 - 57.98 |
| Volume | 1,079,413 |
| Avg. Volume | 1,646,414 |
| Market Cap | 9.534B |
| Beta | 0.50 |
| PE Ratio (TTM) | 315.22 |
| EPS (TTM) | 0.18 |
| Earnings Date | May 3, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 52.48 |
Market Realist•2 days agoUS Markets Dominate Palo Alto Networks’ Business Growth
For Palo Alto Networks (PANW), US markets comprise ~70% of total revenue. Over the last five quarters, US revenue has grown at a compound annual rate of 6%, supported by a strong sales team and channel partners. In the last five quarters, revenue has grown at a compound annual rate of 6%.
- Market Realist•2 days ago
Evaluating Palo Alto Networks’ Product Business
Palo Alto Networks’ (PANW) product business has continued to report strong revenue growth over the last few quarters, buoyed by the launch of advanced security products. Digital transition and cybersecurity threats have boosted demand for security products.
- GlobeNewswire•3 days ago
Analysis: Positioning to Benefit within Team, Fortinet, Rockwell Collins, Franklin Street Properties, Akorn, and Targa Resources — Research Highlights Growth, Revenue, and Consolidated Results
NEW YORK, April 20, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Market Realist•4 days agoPalo Alto Networks’ Subscriptions and Support Business
Palo Alto Networks’ (PANW) subscriptions and support, which contribute more than 60% of its overall revenue, have maintained strong double-digit revenue growth. This solid performance is mainly due to higher customer retention and additions.
- Market Realist•4 days ago
How Juniper’s Security Segment Could Do in 1Q18
Although Juniper Networks’ (JNPR) security business revenue fell ~13% YoY (year-over-year) in fiscal 2017, its revenue rose 8% in 4Q17. Juniper’s security revenue fell for several quarters prior to 4Q17 as the company struggled to compete with niche players such as Palo Alto Networks (PANW), FireEye (FEYE), and Fortinet (FTNT), and tech giants such as Cisco (CSCO). Last year, Juniper announced that it would revamp its security product portfolio to attract customers, and revenue growth in 4Q17 was driven by sales across financial services, telecom, and government verticals.
- Zacks•5 days ago
Fortinet, IBM Partner Again, Ink Threat Management Deal
Fortinet's (FTNT) partnership with IBM X-Force Threat Management Services strengthens its relationship with the tech giant.
- GlobeNewswire•6 days ago
Fortinet Receives Recommended Rating in NSS Labs Latest Advanced Endpoint Protection Test Report
SUNNYVALE, Calif., April 17, 2018--. John Maddison, senior vice president of products and solutions, Fortinet“ As organizations aggressively adopt a digital business model, endpoint devices and applications ...
- GlobeNewswire•6 days ago
Fortinet Now Part of IBM Security’s New X-Force Threat Management Services
Extends Collaboration with Integrated and Automated Security Operations. John Maddison, senior vice president of Products and Solutions at Fortinet“ Fortinet and IBM have a long-standing relationship, ...
- Investor's Business Daily•7 days ago
Proofpoint, Security Stocks Up Amid RSA Conference, Merger Talk
Proofpoint and other cybersecurity stocks rallied as the RSA Security Conference kicked off in San Francisco and analysts pondered further industry consolidation.
- GlobeNewswire•7 days ago
Fortinet Delivers Integrated NOC-SOC Solution to Automate IT Processes and Security Response
SAN FRANCISCO, April 16, 2018-- RSA Conference 2018. John Maddison, senior vice president of Products and Solutions at Fortinet“ Both security and IT teams are challenged by resource constraints, yet workloads ...
- Investor's Business Daily•10 days ago
How Cybersecurity Firms Palo Alto, Okta Can Capitalize On Blockchain
Palo Alto Networks, Fortinet, Okta and CyberArk Software are among network security firms that could prosper from utilizing blockchain technology, says an Oppenheimer report.
- Zacks•10 days ago
Zacks.com featured highlights include: Archer Daniels, AMN, Fluor, Fortinet and National General
Zacks.com featured highlights include: Archer Daniels, AMN, Fluor, Fortinet and National General
Market Realist•10 days agoWhat’s Driving Fortinet’s Deferred Revenues?
Fortinet (FTNT) continues to witness strong growth in deferred revenue mainly due to huge contract wins. Increased security threats across different organizations have led to growing demand for security-related products. Fortinet’s FortiGate family of security products was already available on Amazon’s (AMZN) AWS cloud and Microsoft’s (MSFT) Azure cloud platform.
- Zacks•11 days ago
4 Tech Stocks Set to Beat Estimates This Earnings Season
Four technology stocks likely to beat on earnings in the soon-to-be-reported quarter.
- Market Realist•11 days ago
What’s Driving Fortinet’s High-Value Client Growth?
Growing cyber-terrorism threats have boosted Fortinet’s (FTNT) growth. The company continues to cater its security products to different customer segments. Furthermore, bundled product offerings also helped the company boost its ticket size.
- Zacks•11 days ago
5 Stocks Near 52-Week High With More Upside in Store
These stocks have passed through a screen we ran to find those that are trading near their 52-week high levels and still have plenty of upside left.
- Market Realist•11 days ago
How Fortinet’s Business Regions Performed
The American segment of Fortinet (FTNT) contributes around 43% to the company’s total revenue. Geography-wise, the American region is the IT (information technology) hub, which leads to a huge demand for security products and services.
- Market Realist•11 days ago
Fortinet’s Product Segment Maintains Stable Growth
Fortinet’s (FTNT) Product segment, which contributes around 40% of the company’s total revenue, maintained stable business growth in the last five quarters. The growth in product revenues was mainly triggered by higher sales in high-end and mid-range product groups for large enterprise customers. The company’s high-end product categories continue to dominate the overall products for Fortinet.
- MarketWatch•12 days ago
Fortinet stock falls after Morgan Stanley says Palo Alto Networks, Cisco are better positioned
Shares of Fortinet Inc. are down 0.9% in Wednesday trading after Morgan Stanley analysts downgraded the stock to equal-weight from overweight. "While Fortinet is not expensive at 14x CY19 FCF, we ...
- Benzinga•12 days ago
Cloud Competition: Morgan Stanley Downgrades Fortinet, Raises Palo Alto Networks' Price Target
Public cloud stocks have underperformed the broader market in recent years, and the market is only pricing in 5-percent topline growth through the end of the decade, according to an industrywide Morgan ...
- Market Realist•12 days ago
Growing Demand for Security Products Drives Fortinet
The huge demand for security products has helped Fortinet (FTNT) maintain strong business growth. The graph above shows that the company’s total revenue has been in an uptrend for the last five quarters. During the period, Fortinet’s revenues have improved at a CAGR (compound annual growth rate) of 3.5%.
Market Realist•12 days agoCan Fortinet’s Service Segment Maintain Double-Digit Growth?
Higher demand for security across various industries has allowed Fortinet (FTNT) to maintain strong revenue growth. The growing threat of cyberterrorism has prompted many financial institutions to install the company’s security products. Service revenue includes business from the FortiGuard security subscription and FortiCare technical support services, as well as professional and training services.
- GlobeNewswire•12 days ago
Media Advisory: Fortinet to Showcase the Third and the Latest Generation of Network Security with the Evolution of its Security Fabric at RSA Conference 2018
SUNNYVALE, Calif., April 11, 2018--. John Maddison, senior vice president of Products and Solutions at Fortinet“ In 2016, we unveiled our technology vision of the Fortinet Security Fabric, which marked ...
- GlobeNewswire•12 days ago
Arista Networks Joins Fortinet Fabric-Ready Partner Program to Advance Security Automation Across Data Center and Cloud Networks
SUNNYVALE, Calif., April 11, 2018--. John Maddison, senior vice president Products and Solutions, Fortinet“ As data center network speeds rapidly increase, security needs to seamlessly scale to match throughput ...
