Fortinet, Inc.
FTNT · Nasdaq
$164.13+$82.3695.85%
$164.10-$0.030.02%
FTNT · Nasdaq
Fortinet sells cybersecurity and secure-networking solutions, including firewall, SASE Firewall, artificial-intelligence security and operational-technology security offerings. It makes money through product sales and associated services, while the supplied evidence does not quantify contributions by segment. Its customers are organizations deploying protection across networks, cloud environments and connected infrastructure. Fortinet’s current growth is being driven by platform adoption, AI infrastructure demand and SASE expansion. The company reported $6.8 billion of FY2025 revenue and $1.9 billion of net income, compared with $6.0 billion and $1.7 billion, respectively, in FY2024.
Fortinet rose $18.31, or 12.21%, from $149.98 to $168.29 over the period. The main catalyst was its second-quarter report, which exceeded the high end of guidance: billings increased 33% year over year to $2.37 billion and revenue rose 26% to $2.05 billion, with AI infrastructure, SASE and OT security demand supporting results. Management also raised its 2026 outlook, while commentary highlighted expanding SASE Firewall and AI-security momentum. The stock advanced from $153.22 on July 29 to $161.95 on July 31 and continued higher to $168.29 on August 4, without a material reversal. Broader technology strength helped, including a 3.32% Nasdaq 100 gain on Tuesday, although reported ETF outflows included FTNT.
What Makes Fortinet (FTNT) a Strong Momentum Stock: Buy Now?
