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.	+5.14%	49.77B
PALO ALTO NETWORKS, INC.	-0.98%	95.3B
CHECK POINT SOFTWARE TECHNOLOGIES LTD.	-2.21%	16.88B
GEN DIGITAL INC.	-13.12%	12.53B
CYBERARK SOFTWARE LTD.	+7.50%	9.88B
DARKTRACE PLC	+64.28%	4.84B
SANGFOR TECHNOLOGIES INC.	-24.28%	3.16B
BLACKBERRY LIMITED	-14.26%	1.72B
HANGZHOU DPTECH TECHNOLOGIES CO.,LTD.	-5.35%	1.22B
ASIAINFO SECURITY TECHNOLOGIES CO.,LTD.	-20.07%	810M

Security Software

Real-time Estimate Cboe BZX Other stock markets 14:49:25 03/05/2024 BST			5-day change	1st Jan Change
60.42 ^USD	-7.34%		-4.11%	+5.14%

02:58pm	Wall St set to open sharply higher on soft jobs data	RE
02:27pm	Wedbush Lowers Fortinet's PT to $78 From $86 After Mixed Q1 Results With Billings Miss, Keeps Outperform Rating	MT

Wall St set to open sharply higher on soft jobs data	01:58pm	RE
Wedbush Lowers Fortinet's PT to $78 From $86 After Mixed Q1 Results With Billings Miss, Keeps Outperform Rating	01:27pm	MT
Evercore ISI Adjusts Price Target on Fortinet to $67 From $72, Keeps In Line Rating	11:54am	MT
JPMorgan Adjusts Price Target on Fortinet to $63 From $67, Keeps Neutral Rating	11:51am	MT
Barclays Adjusts Price Target on Fortinet to $75 From $80, Keeps Equalweight Rating	11:51am	MT
Jefferies Adjusts Price Target on Fortinet to $65 From $70, Keeps Hold Rating	11:50am	MT
Cantor Fitzgerald Adjusts Price Target on Fortinet to $55 From $65, Keeps Neutral Rating	11:49am	MT
Morgan Stanley Adjusts Price Target on Fortinet to $73 From $81, Keeps Overweight Rating	11:48am	MT
RBC Capital Adjusts Price Target on Fortinet to $68 From $71	11:47am	MT
Bernstein Adjusts Price Target on Fortinet to $67 From $76	11:47am	MT
Deutsche Bank Adjusts Price Target on Fortinet to $71 From $78	11:43am	MT
HSBC Adjusts Price Target on Fortinet to $54 From $57	11:43am	MT
Mizuho Adjusts Price Target on Fortinet to $66 From $70	11:43am	MT
Wells Fargo Adjusts Price Target on Fortinet to $62 From $70	11:38am	MT
Baird Adjusts Price Target on Fortinet to $75 From $81	11:38am	MT
Stifel Adjusts Price Target on Fortinet to $70 From $78	11:35am	MT
Truist Securities Adjusts Price Target on Fortinet to $70 From $80	11:35am	MT
Piper Sandler Adjusts Price Target on Fortinet to $70 From $75	11:35am	MT
Capital One Adjusts Price Target on Fortinet to $65 From $77	11:35am	MT
BMO Capital Adjusts Price Target on Fortinet to $70 From $82	11:34am	MT
Scotiabank Adjusts Price Target on Fortinet to $80 From $90, Keeps Sector Outperform Rating	11:29am	MT
North American Morning Briefing : Apple, Amgen Boost Stock Futures; All Eyes on Jobs Report	11:08am	DJ
Fortinet Insider Sold Shares Worth $1,593,183, According to a Recent SEC Filing	05-02	MT
Earnings Flash (FTNT) FORTINET Reports Q1 Revenue $1.35B, vs. Street Est of $1.34B	05-02	MT
Earnings Flash (FTNT) FORTINET Reports Q1 EPS $0.43	05-02	MT