Fortinet FTNT is scheduled to report third-quarter 2024 results on Nov. 7, after market close. The cybersecurity firm projects revenues between $1.445 billion and $1.505 billion. The Zacks Consensus ...
Fortinet (FTNT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
US Bancorp DE lessened its stake in shares of Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 2.8% in the 3rd quarter, according to the company in its most recent filing with the Securities ...
Finally, I will conduct a valuation to approximate the company's intrinsic value. The main market concern that caused the drop in Fortinet's stock price was seeing that billings began to slow ...
Several other analysts also recently issued reports on the company. Morgan Stanley decreased their price target on Fortinet from $73.00 to $69.00 and set an “overweight” rating for the company ...
FortiDLP’s unified approach to data protection enables enterprise organisations to anticipate and prevent accidental and malicious data loss across cloud deployments, applications, and managed and ...
While Fortinet's valuation may appear high, the company's strong competitive position and high margins justify this. Fortinet's (NASDAQ:FTNT) share price rebounded to near all-time highs after its ...
This stolen information can be used to learn about and target FortiGate devices to gain initial access to corporate networks or MSPs downstream clients. The company also confirms there is no ...
The firm notes that Fortinet's revenue growth has slowed compared to previous years. The company saw revenue growth of 32% in 2022, but that has dropped to an estimated 10-11% for 2024. Similarly ...