Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. The company provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. The company was founded in 2000 and is headquartered in Sunnyvale, California.
IPO Year: 2009
Exchange: NASDAQ
Website: fortinet.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/19/2026 | $125.00 | Buy → Hold | DZ Bank |
| 5/7/2026 | $125.00 | Neutral → Buy | BTIG Research |
| 5/7/2026 | $100.00 → $117.00 | Market Perform | BMO Capital Markets |
| 5/4/2026 | $95.00 → $100.00 | Market Perform | BMO Capital Markets |
| 4/27/2026 | $104.00 | Neutral → Buy | Arete |
| 3/3/2026 | $64.00 | Underweight | Wells Fargo |
| 2/9/2026 | $90.00 → $95.00 | Market Perform | BMO Capital Markets |
| 2/2/2026 | $85.00 | Sector Outperform → Sector Perform | Scotiabank |
| 1/29/2026 | $100.00 | Neutral → Buy | Rosenblatt |
| 1/23/2026 | $100.00 | Hold → Buy | TD Cowen |
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4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
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SCHEDULE 13G/A - Fortinet, Inc. (0001262039) (Subject)
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SCHEDULE 13G/A - Fortinet, Inc. (0001262039) (Subject)
8-K - Fortinet, Inc. (0001262039) (Filer)
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
DZ Bank downgraded Fortinet from Buy to Hold and set a new price target of $125.00
BTIG Research upgraded Fortinet from Neutral to Buy and set a new price target of $125.00
BMO Capital Markets reiterated coverage of Fortinet with a rating of Market Perform and set a new price target of $117.00 from $100.00 previously
BMO Capital Markets reiterated coverage of Fortinet with a rating of Market Perform and set a new price target of $100.00 from $95.00 previously
Arete upgraded Fortinet from Neutral to Buy and set a new price target of $104.00
Wells Fargo initiated coverage of Fortinet with a rating of Underweight and set a new price target of $64.00
BMO Capital Markets reiterated coverage of Fortinet with a rating of Market Perform and set a new price target of $95.00 from $90.00 previously
Scotiabank downgraded Fortinet from Sector Outperform to Sector Perform and set a new price target of $85.00
Rosenblatt upgraded Fortinet from Neutral to Buy and set a new price target of $100.00
TD Cowen upgraded Fortinet from Hold to Buy and set a new price target of $100.00
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Issued on behalf of QSE — Quantum Secure Encryption Corp.From NIST FIPS standards to NSA's CNSA 2.0 framework to municipal pilot programs — QPA v2 lands at the operational gap between regulatory deadline and enterprise executionVANCOUVER, BC, May 14, 2026 /CNW/ -- Equity Insider News Commentary — Regulatory deadlines have a way of clarifying conversations that have meandered for years. The post-quantum cryptography conversation is one of them. For most of the last decade, "quantum risk" was a category the largest enterprises and government agencies acknowledged in strategy documents but kept several quarters away from any operational workstream. Then, in August 2024, the National Institute o
SUNNYVALE, Calif., May 12, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that it is accelerating the FortiAIGate solution with NVIDIA's AI platforms and software technologies. The joint solution protects AI workloads, data, and autonomous agents in real time in data centers and the cloud, enabling organizations monitor AI usage, and securely build, deploy, and scale agentic AI without compromising performance or governance. The solution's inline deployment provides visibility while supporting data sovereignty requirements, delivering high-performance protection with minimal latency. "En
Exceeds high end of first quarter guidance on revenue and profitability Raises 2026 revenue guidance to 15% year over year growth Highlights Revenue grew 20% year over year to $1.85 billion Product revenue grew 41% year over year to $645 millionBillings grew 31% year over year to $2.09 billion1GAAP operating margin of 31%Non-GAAP operating margin of 36%1GAAP earnings per share grew 29% year over year to $0.72Non-GAAP earnings per share grew 41% year over year to $0.821Record operating cash flow of $1.08 billionRecord free cash flow of $1.01 billion1 SUNNYVALE, Calif., May 06, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), a global cybersecurity leader driving the convergence of netwo
SUNNYVALE, Calif., May 06, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced new additions to its FortiGate G series portfolio, designed to help organizations secure and scale modern enterprise networks. The FortiGate 3500G and FortiGate 400G deliver high-performance security that keeps pace with growing encrypted traffic, AI-driven workloads, and distributed environments, enabling organizations to strengthen protection, maintain performance, and simplify operations across hybrid infrastructures. Powered by Fortinet's NP7 and SP5 processors and the FortiOS operating system, the new series co
SUNNYVALE, Calif., April 30, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today released the 2026 Global Threat Landscape Report from FortiGuard Labs. Derived exclusively from FortiGuard Labs telemetry, the latest annual report is a snapshot of the active threat landscape and trends from 2025, including a comprehensive analysis across all tactics used in cyberattacks, as outlined in the MITRE ATT&CK framework. The data reveals that cybercrime no longer functions as a series of isolated campaigns—it operates as a system, with malicious hackers operating across an end-to-end life cycle and compressing
SUNNYVALE, Calif., April 21, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has received the 2026 Google Cloud Partner of the Year Award for Workload Security. Fortinet is being recognized for its achievements in the Google Cloud ecosystem, helping joint customers secure modern workloads with the Fortinet cloud-native application protection platform (CNAPP) across hybrid and multi-cloud environments while promoting the safe adoption of cloud-native technologies. "The Google Cloud Partner Awards honor the strategic innovation and measurable value our partners bring to customers," sai
Issued on behalf of Quantum Secure Encryption Corp.VANCOUVER, BC, April 10, 2026 /CNW/ -- USANewsGroup.com News Commentary — The most powerful cyber weapon ever built was exposed by a rookie mistake. In late March, a basic configuration error at Anthropic leaked internal documents revealing Claude Mythos[1], a frontier AI model that can autonomously find and exploit zero-day vulnerabilities across every major operating system and browser. The cybersecurity sector dropped hard[2]: CrowdStrike fell 7%, Fortinet lost 3%, and the Global X Cybersecurity ETF hit its lowest point since late 2023. On April 7, Anthropic launched Project Glasswing, handing restricted Mythos access to a defensive coali
SUNNYVALE, Calif., April 02, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its first quarter 2026 financial results on Wednesday, May 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO's and CFO's prepared remarks, supplemental slides, and a call replay will be accessible fro
SUNNYVALE, Calif. and LAS VEGAS, March 10, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced FortiOS 8.0, the latest release of the operating system that powers the Fortinet Security Fabric. Introduced as part of Fortinet's Secure Networking innovation at Fortinet Accelerate 2026, FortiOS 8.0 delivers powerful new AI-driven security, next-generation SASE, and quantum-safe capabilities to help organizations simplify their security architectures while delivering consistent protection and performance across the entire digital infrastructure. "FortiOS 8.0 reflects more than 25 years of contin
SUNNYVALE, Calif. and LAS VEGAS, March 10, 2026 (GLOBE NEWSWIRE) -- Accelerate 2026 -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced major innovations across the Fortinet Security Operations (SecOps) platform at Fortinet Accelerate 2026. Updates feature next-generation SecOps advancements, including expanded agentic AI capabilities, a preview of FortiSOC, managed services, and endpoint security enhancements delivered through FortiEndpoint. As attackers weaponize AI to accelerate reconnaissance, exploit development, and social engineering, security operations must function with the same speed and coordination. F
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Live Leadership Updates
SUNNYVALE, Calif. and DAYTONA BEACH, Fla., Aug. 26, 2025 (GLOBE NEWSWIRE) -- The LPGA Tour and Fortinet, Inc. (NASDAQ:FTNT) today announced a multiyear deal where Fortinet, the global cybersecurity leader driving the convergence of networking and security, will be the title partner of the Founders Cup. The 2026 event will be played March 19-22 with a $3 million purse, up from $2 million in 2025. "We're fired up to welcome Fortinet as the title partner of the Founders Cup and grateful for their commitment to elevating this historic event," said LPGA Commissioner Craig Kessler. "The Founders Cup is about honoring the 13 women who built the LPGA from the ground up, and there's no better stag
SUNNYVALE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the addition of Janet Napolitano to the company's board of directors, adding further national security and public policy expertise to the board. Appointing Janet to the board of directors builds on Fortinet's ongoing commitment to advancing cybersecurity for society at large through its product development principles and strategic partnerships. Janet will help advance Fortinet's public and private sector initiatives, advise on the company's ongoing efforts related to CISA's Secure by Design Pledge, and strengthen
SUNNYVALE, Calif., July 10, 2024 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that KDDI leveraged Fortinet Unified SASE as a new managed secure access service edge (SASE) service. The service from KDDI utilizes Fortinet's industry-leading Unified SASE solution as the core product for its Global SASE Platform Service by Fortinet offering. The Global SASE Platform Service by Fortinet unifies and centrally manages different security policies and standards, simplifying complex networks that require highly secure hybrid work environments from any location globally. In addition, by
SUNNYVALE, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- RSA Conference 2024 Jim Richberg, Head of Cyber Policy and Global Field CISO at Fortinet "At Fortinet, we have a long-standing commitment to being a role model in ethical and responsible product development and vulnerability disclosure. As part of this dedication, Fortinet has proactively aligned to international and industry best practices and upholds the highest security standards in every aspect of our business. We applaud CISA's continued call to the industry to follow suit and appreciate CISA's willingness to collaborate with Fortinet on the development of these important goals. We strongly encourage others in the technology communi
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Exceeds high end of first quarter guidance on revenue and profitability Raises 2026 revenue guidance to 15% year over year growth Highlights Revenue grew 20% year over year to $1.85 billion Product revenue grew 41% year over year to $645 millionBillings grew 31% year over year to $2.09 billion1GAAP operating margin of 31%Non-GAAP operating margin of 36%1GAAP earnings per share grew 29% year over year to $0.72Non-GAAP earnings per share grew 41% year over year to $0.821Record operating cash flow of $1.08 billionRecord free cash flow of $1.01 billion1 SUNNYVALE, Calif., May 06, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), a global cybersecurity leader driving the convergence of netwo
SUNNYVALE, Calif., April 02, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its first quarter 2026 financial results on Wednesday, May 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO's and CFO's prepared remarks, supplemental slides, and a call replay will be accessible fro
Fourth Quarter 2025 Highlights Revenue grew 15% year over year to $1.91 billionProduct revenue grew 20% year over year to $691 millionBillings grew 18% to $2.37 billion1Unified SASE billings grew 40%GAAP operating margin of 33% Non-GAAP operating margin of 37%1 Full Year 2025 Highlights Revenue grew 14% year over year to $6.80 billionProduct revenue grew 16% year over year to $2.22 billionBillings grew 16% to $7.55 billion1Unified SASE & SecOps billings grew 24%GAAP operating margin of 31%Non-GAAP operating margin of 35%1Free cash flow of $2.21 billion1Exceeded the ‘Rule of 45' for the sixth consecutive year2 SUNNYVALE, Calif., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT),
SUNNYVALE, Calif., Jan. 05, 2026 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its fourth quarter and full year 2025 financial results on Thursday, February 5, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO and CFO's prepared remarks, supplemental slides and a call
Highlights Revenue grew 14% year over year to $1.72 billion Product revenue grew 18% year over year to $559.3 millionBillings grew 14% year over year to $1.81 billion1Record third quarter GAAP operating margin of 32%Record third quarter Non-GAAP operating margin of 37%1 SUNNYVALE, Calif., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), a global cybersecurity leader driving the convergence of networking and security, today announced financial results for the third quarter ended September 30, 2025. "We are pleased with our excellent third quarter results, driven by our leading innovation and customer-first culture resulting in broad-based demand for our solutions across organiz
SUNNYVALE, Calif., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its third quarter 2025 financial results on Wednesday, November 5, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO and CFO's prepared remarks, supplemental slides and a call replay will be accessible fr
SUNNYVALE, Calif., Aug. 15, 2025 (GLOBE NEWSWIRE) -- News SummaryFortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Ken Xie, Founder, Chairman and Chief Executive Officer, and Christiane Ohlgart, Chief Financial Officer, will participate in a virtual fireside chat hosted by Goldman Sachs on Monday, August 25, 2025 at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time). A live webcast of the conference call will be accessible from the Investor Relations page of Fortinet's website at https://investor.fortinet.com and a replay will be archived and accessible at https://investor.fortinet.com/events-and-presentation
Highlights Revenue grew 14% year over year to $1.63 billion Billings grew 15% year over year to $1.78 billion1Unified SASE ARR up 22% and Security Operations ARR up 35%, year over year2GAAP operating margin of 28%Non-GAAP operating margin of 33%1Raised 2025 full year billings guidance midpoint by $100 million SUNNYVALE, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), a global cybersecurity leader driving the convergence of networking and security, today announced financial results for the second quarter ended June 30, 2025. "Our strong second quarter performance and consistent track record of growth are a direct result of our continued innovation and customer-fi
SUNNYVALE, Calif., July 02, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its second quarter 2025 financial results on Wednesday, August 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO and CFO's prepared remarks, supplemental slides and a call replay w
Highlights Total revenue of $1.54 billion, up 14% year over yearProduct revenue of $459 million, up 12% year over yearBillings of $1.60 billion, up 14% year over year1Unified SASE ARR2 up 26% and Security Operations ARR2 up 30%, year over yearRecord first quarter GAAP operating margin of 29%Record first quarter Non-GAAP operating margin of 34%1Record Cash flow from operations of $863 millionRecord Free cash flow of $783 million1 SUNNYVALE, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), a global cybersecurity leader driving the convergence of networking and security, today announced financial results for the first quarter ended March 31, 2025. "We are pleased to report