FTNT - Fortinet, Inc. Summary, Stock Quote and News

77.58 1.3 (1.7%)

Data as of Oct 22, 2019

Prev. Close 76.28
Price Open 76.46
Volume 90,534
Day's Range 76.33 - 77.66
52 Wk Range 64.41 - 96.96
50 Day Moving Avg. 78.98
PE Ratio 35.812207
Shares Outstanding 170.99M
Market Cap 13.27B

Trade FTNT stock with recommended broker Ally Invest. Commissions as low as $3.95.

Analyst Rating View All Ratings

Date	Research Firm	Action	Current	Target
8/02/19	Morgan Stanley	Maintains	Equal-Weight	79.0
8/02/19	Citi	Maintains	Sell	80.0
8/02/19	Bank of America	Upgrades	NeutralBuy

Shares of several software companies are trading lower. The sector has been weak over the past two days following a bearish Morgan Stanley report, in which the firm said it sees risk in high-multiple names. Other analysts also expressed valuation concerns. There have also been concerns over slowing growth in Workday's Human Capital Management software. Benzinga NewsdeskFri, 18 Oct 2019 10:54:47 -0400
Shares of several software companies are trading lower after Morgan Stanley issued a bearish stance on the sector as they "still see risk in high multiple names." CIO survey growth expectations are also decelerating. Benzinga NewsdeskWed, 16 Oct 2019 10:07:15 -0400
Shares of several software companies are trading lower as optimism around the upcoming U.S.-China trade talks waned. A report says China is toning down its expectations of the meeting. The U.S. expanded its trade blacklist, and scheduled an increase in tariffs on $250 billion worth of Chinese goods from 25% to 30% on Oct. 15, which will go into effect if no progress is made. Benzinga NewsdeskTue, 08 Oct 2019 10:56:05 -0400
Shares of several software companies are trading higher as investors are optimistic of a trade deal with China that can potentially be reached after President Trump said a Chinese delegation is set to come to the U.S. next week for continued trade talks. Benzinga NewsdeskThu, 03 Oct 2019 14:03:14 -0400
Shares of several software companies are trading lower on continued fears of a recession amid a weak ADP jobs report. There is also uncertainty in the market over the upcoming U.S.-China meeting next week. Benzinga NewsdeskWed, 02 Oct 2019 10:05:16 -0400
Shares of several software companies are trading lower following reports indicating the White House is considering setting limits on US flows to China, delisting Chinese company's from US stock exchanges. Benzinga NewsdeskFri, 27 Sep 2019 12:00:51 -0400
Shares of several software companies are trading lower despite no industry-wide news. The sector has been highly sensitive to volatility in US markets over the past few months. Benzinga NewsdeskWed, 25 Sep 2019 10:29:37 -0400
Shares of several cybersecurity stocks trading higher amid concerns of geopolitical risk following attacks on a Saudi oil facilities. As geopolitical risk increases, investors may consider more defensive-positioned investments. Benzinga NewsdeskMon, 16 Sep 2019 11:43:24 -0400
Comcast Reports Collaborations With Fortinet, Akamai For Strategic Cybersecurity Initiatives Benzinga NewsdeskThu, 05 Sep 2019 09:31:42 -0400
Fortinet shares are potentially trading lower after B2B software company Autodesk forcasted worse-than-expected Q3 financial results. Benzinga NewsdeskWed, 28 Aug 2019 10:21:05 -0400
{{ story.title }} {{ story.author }}{{ story.created }}

Show more Loading articles...

Marvell CFO Jean Hu Joins Fortinet Board of Directors Globe Newswire1 hour ago
Fortinet to Announce Third Quarter 2019 Financial Results Globe NewswireOct 01, 2019
Fortinet Ranked in Top Three by Gartner for SD-WAN Equipment Market Share by Revenue Globe NewswireOct 01, 2019
IndiGo Airlines Relies on Fortinet's Secure SD-WAN Solution to Provide the Best User Experience for Business Critical Applications Globe NewswireSep 24, 2019
Fortinet Recognized as a Leader in the Gartner Magic Quadrant for Network Firewalls Globe NewswireSep 19, 2019
Telenor Selects Fortinet to Deliver One of the Nordic Region's First Secure SD-WAN Services Globe NewswireSep 10, 2019
The Digital Big Bang: A Must-Read for CISOs Leading Security Innovation in the Digital Age Globe NewswireSep 05, 2019
Fortinet Extends Support for VMware NSX-T to Further Advance Security in Software Defined Data Centers and the Cloud Globe NewswireAug 26, 2019
New Forbes Insights Report Shows CISOs Believe Capabilities of Attackers are Outpacing their Ability to Defend their Organizations Globe NewswireAug 20, 2019
Fortinet Sweeps Three Categories in CRN's 2019 Annual Report Card Awards Globe NewswireAug 12, 2019
{{ story.title }} {{ story.author }}{{ story.created }}

Show more Loading articles...

Fortinet adds Marvell exec to board Seeking Alpha33 min ago
Symantec Boosts Endpoint Security Portfolio With New Upgrade Zacks5 days ago
Fortinet (FTNT) Gains As Market Dips: What You Should Know ZacksOct 14, 2019
Fortinet (FTNT) Gains As Market Dips: What You Should Know ZacksOct 07, 2019
Barclays sees beat-and-raise coming for Microsoft, techs Seeking AlphaOct 07, 2019
Shorting Overvalued Cybersecurity Stocks Seeking AlphaOct 07, 2019
Has Fortinet (FTNT) Outpaced Other Computer and Technology Stocks This Year? ZacksSep 30, 2019
Software Coiling TalkMarketsSep 27, 2019
Fortinet Secure SD-WAN to Protect IndiGo's Branch Network ZacksSep 26, 2019
How To Protect Your Portfolio Against Security Cloud FOMO ZacksSep 24, 2019
{{ story.title }} {{ story.author }}{{ story.created }}

Show more Loading articles...

Earnings View Earnings

Q2 2019	EST	Actual	Surprise
EPS:	0.500	0.580	0.0800
Rev:	511.14M	521.70M	10.56M

Q3 2019	EST	Actual	Surprise
EPS:	Expected 2019-10-31
Rev:	Expected 2019-10-31

Company Profile

Fortinet is a pure-play cybersecurity vendor that sells products, support, and services to small and midsize businesses, enterprises, and government entities. Its products include unified threat management appliances, firewalls, network security, and its security platform, Security Fabric. Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2018, products were 37% of revenue and services were 63% of sales. The California-based company sells products worldwide, with the Americas representing 42% of sales in 2018.

Visit company website

Brokerage Center

Compare All Online Brokerages

Market Overview

Fortinet, Inc. FTNT:NASDAQ

Analyst Rating View All Ratings

Earnings View Earnings

Company Profile

Brokerage Center

Popular Channels

Tools & Features

About Benzinga

Benzinga Partners

Membership is Free

What are you waiting for? Sign up now!

Free Account Login

Market Overview

Tickers

Articles

Keywords

Fortinet, Inc. FTNT:NASDAQ

Analyst Rating View All Ratings

Earnings View Earnings

Company Profile

Brokerage Center

Popular Channels

Tools & Features

About Benzinga

Benzinga Partners