Fortinet, Inc.

FTNT

US34959E1091

Fortinet, Inc. specializes in the creation, development and marketing of integrated cybersecurity software and equipment for the protection of networks and information systems infrastructures as well as for the protection of company and government data. Net sales break down by revenue source into sales of services (59.7%) and products (40.3%). Net sales are distributed geographically as follows: the United States (30%), Americas (10.4%), Europe/Middle East/Africa (38.3%) and Asia/Pacific (21.3%).

Sector

Software

Calendar

14/06/2024 - Annual General Meeting

Related indices

S&P 500

More about the company

Income Statement Evolution

More financial data

Ratings for Fortinet, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

65.2 USD

Average target price

75.44 USD

Spread / Average Target

+15.70%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Security Software

	1st Jan change	Capi.
FORTINET, INC.	+11.46%	49.77B
PALO ALTO NETWORKS, INC.	+0.15%	95.3B
GEN DIGITAL INC.	-13.76%	12.53B
CYBERARK SOFTWARE LTD.	+6.61%	9.88B
DARKTRACE PLC	+64.17%	4.84B
SANGFOR TECHNOLOGIES INC.	-24.28%	3.16B
BLACKBERRY LIMITED	-15.11%	1.72B
HANGZHOU DPTECH TECHNOLOGIES CO.,LTD.	-5.35%	1.22B
ASIAINFO SECURITY TECHNOLOGIES CO.,LTD.	-20.07%	810M
RADWARE LTD.	+1.08%	705M

Security Software

Market Closed - Nasdaq Other stock markets 01:30:00 03/05/2024 am IST			5-day change	1st Jan Change
65.24 ^USD	+2.69%		+1.89%	+11.46%

12:54pm	Evercore ISI Adjusts Price Target on Fortinet to $67 From $72, Keeps In Line Rating	MT
12:51pm	JPMorgan Adjusts Price Target on Fortinet to $63 From $67, Keeps Neutral Rating	MT

Evercore ISI Adjusts Price Target on Fortinet to $67 From $72, Keeps In Line Rating	04:24pm	MT
JPMorgan Adjusts Price Target on Fortinet to $63 From $67, Keeps Neutral Rating	04:21pm	MT
Barclays Adjusts Price Target on Fortinet to $75 From $80, Keeps Equalweight Rating	04:21pm	MT
Jefferies Adjusts Price Target on Fortinet to $65 From $70, Keeps Hold Rating	04:20pm	MT
Cantor Fitzgerald Adjusts Price Target on Fortinet to $55 From $65, Keeps Neutral Rating	04:19pm	MT
Morgan Stanley Adjusts Price Target on Fortinet to $73 From $81, Keeps Overweight Rating	04:18pm	MT
RBC Capital Adjusts Price Target on Fortinet to $68 From $71	04:17pm	MT
Bernstein Adjusts Price Target on Fortinet to $67 From $76	04:17pm	MT
Deutsche Bank Adjusts Price Target on Fortinet to $71 From $78	04:13pm	MT
HSBC Adjusts Price Target on Fortinet to $54 From $57	04:13pm	MT
Mizuho Adjusts Price Target on Fortinet to $66 From $70	04:13pm	MT
Wells Fargo Adjusts Price Target on Fortinet to $62 From $70	04:08pm	MT
Baird Adjusts Price Target on Fortinet to $75 From $81	04:08pm	MT
Stifel Adjusts Price Target on Fortinet to $70 From $78	04:05pm	MT
Truist Securities Adjusts Price Target on Fortinet to $70 From $80	04:05pm	MT
Piper Sandler Adjusts Price Target on Fortinet to $70 From $75	04:05pm	MT
Capital One Adjusts Price Target on Fortinet to $65 From $77	04:05pm	MT
BMO Capital Adjusts Price Target on Fortinet to $70 From $82	04:04pm	MT
Scotiabank Adjusts Price Target on Fortinet to $80 From $90, Keeps Sector Outperform Rating	03:59pm	MT
North American Morning Briefing : Apple, Amgen Boost Stock Futures; All Eyes on Jobs Report	03:38pm	DJ
Fortinet Insider Sold Shares Worth $1,593,183, According to a Recent SEC Filing	03/05	MT
Earnings Flash (FTNT) FORTINET Reports Q1 Revenue $1.35B, vs. Street Est of $1.34B	03/05	MT
Earnings Flash (FTNT) FORTINET Reports Q1 EPS $0.43	03/05	MT
Fortinet Q1 Non-GAAP Earnings, Revenue Rise; Full-Year Guidance Raised -- Shares Fall After Hours	03/05	MT
Earnings Flash (FTNT) FORTINET Reports Q1 Revenue $1.35B, vs. Street Est of $1.34B	03/05	MT