Fortinet, Inc. (FTNT) Institutional Holders & Insider Trades

Fortinet, Inc.

FTNT · NASDAQ-GS

Symbol: FTNT
Type: Stock
Sector: Technology
Industry: Computer peripheral equipment
Country: North America
Exchange: NASDAQ-GS

Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams ('CERTs'), government entities, and academia, is a fundamental aspect of Fortinet's commitment to enhance cyber resilience globally.

Key Issues

Bullish view

The second-quarter call highlighted SASE Firewall growth, and Zacks cited expanding SASE momentum as a driver of the stronger outlook. That suggests Fortinet’s platform strategy is broadening demand beyond its traditional firewall business.

Bearish view

The evidence confirms recent SASE growth but does not establish how much of the acceleration is durable or how large the business has become. A slowdown in enterprise technology spending could make the latest growth rate difficult to sustain.

Analyst Consensus

See all

Hold

38 analysts

$166

Current

$133

Low

$170

Average

$133

High

Average target implies +2.58% versus the current price.

Earnings History

BeatMissNo estimate

Peers

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