Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Fortinet, Inc. and its officers or directors following disappointing financial results and a significant stock price drop [1][3]. Financial Performance - On August 6, 2025, Fortinet reported disappointing second quarter 2025 financial results, leading to confusion among investors regarding the company's performance [3]. - The company indicated that 40% to 50% of its accelerated firewall refresh, estimated at a $450 million opportunity, was completed, yet product revenue growth and billings did not meet expectations [3]. - Following the announcement, Fortinet's stock price fell by $21.28 per share, or 22.03%, closing at $75.30 per share on August 7, 2025 [3]. Legal Investigation - Pomerantz LLP is actively investigating claims on behalf of Fortinet investors, suggesting potential securities fraud or other unlawful practices by the company and its leadership [1].

Key Takeaways FTNT's Unified SASE billings rose 21% Y/Y and SecOps billings jumped 31% in Q2 2025.Deals above $1 million grew over 50% in value, showing strong multi-product adoption.Fortinet lifted its billings outlook midpoint by $100M, citing robust enterprise demand.Fortinet (FTNT) is capitalizing on surging demand for Unified SASE (Secure Access Service Edge) and SecOps (Security Operations), which are rapidly reshaping its growth trajectory. In the second quarter of 2025, Unified SASE billings climbed ...

Key Takeaways Fortinet emerges as superior investment with laser-focused strategy and consistent double-digit growth.FTNT trades at 8.09X forward P/S versus CSCO 4.49X, justified by 13.29% projected revenue growth in 2025.Network security market expanding from $24.95B in 2025 to $42.93B by 2030 at 11.47% annual growth rate.In the rapidly evolving landscape of cybersecurity, Fortinet (FTNT) and Cisco Systems (CSCO) stand as two titans competing for dominance in the network security market. Both companies off ...

LOS ANGELES, Sept. 04, 2025 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz continues its investigation of Fortinet, Inc. (“Fortinet” or the “Company”) (NASDAQ: FTNT) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FORTINET, INC. (FTNT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On August 6, 2025, Fortinet released its second quarter 2025 financi ...

LOS ANGELES, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Fortinet, Inc. (“Fortinet” or the “Company”) (NASDAQ: FTNT) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FORTINET, INC. (FTNT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On August 6, 2025, Fortinet released its s ...

BENSALEM, Pa., Sept. 03, 2025 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith continues its investigation on behalf of Fortinet, Inc. (“Fortinet” or the “Company”) (NASDAQ: FTNT) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FORTINET, INC. (FTNT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by emai ...

Core Viewpoint - Morgan Stanley downgraded Fortinet (FTNT.US) from "Hold" to "Underweight" and reduced the target price from $78 to $67 due to disappointing performance in firewall updates [1] Group 1: Company Performance - Morgan Stanley's analyst team, led by Meta Marshall, believes that Fortinet's strategy to add more products to its installed customer base will still be successful, but the smaller-than-expected scale of firewall updates may necessitate downward revisions of earnings forecasts for fiscal years 2026 and 2027, negatively impacting the stock price [1] - The analyst noted that despite the downgrade, Fortinet's free cash flow multiple remains in the low 20s, and after product updates, growth is expected to reach high single digits, indicating an unfavorable risk-reward ratio in the short term [1] Group 2: Management and Investor Sentiment - Investors are optimistic about the new management's ability to accelerate revenue growth, but this expectation has not yet been reflected in forecasts, and there remains uncertainty in the short term [1] - The new CEO took office at the end of last year, which may lead investors to grant some leeway in the short term [1] Group 3: Competitor Analysis - Despite downgrading Fortinet, Morgan Stanley maintains a "Hold" rating on its competitor Check Point Software Technologies (CHKP.US) [1]

Core Insights - Fortinet has been recognized as a Leader in the 2025 Gartner Magic Quadrant for Hybrid Mesh Firewall, achieving the highest position for Ability to Execute [1][2][3] Company Overview - Fortinet is a global leader in cybersecurity, focusing on the convergence of networking and security, and has been acknowledged in 12 different Gartner Magic Quadrant reports [2][12] - The company offers a comprehensive cybersecurity portfolio with over 50 enterprise-grade products, serving more than half a million customers [12] Product and Technology Highlights - Fortinet's solutions are powered by custom-built ASICs for enhanced performance and utilize FortiOS, a unified operating system for both hardware and virtual deployments [2][3] - The Fortinet Security Fabric integrates FortiOS, FortiGuard Labs intelligence, and AI-driven security, reducing complexity and operational overhead while enhancing threat detection and response [6] - Innovations such as FortiAI-Assist leverage AI technologies to improve network operations and response times, while early adoption of post-quantum cryptography ensures future-proof data protection [6] Strategic Vision - Fortinet's recognition in both the Gartner Magic Quadrant for Hybrid Mesh Firewalls and SASE Platforms reflects its vision for a new-generation SASE firewall that simplifies operations and reduces costs [4] - The company aims to provide consistent, hybrid secure access across various environments, including data centers, cloud, and remote edges, to keep pace with evolving network complexities [4] Licensing and Flexibility - The FortiFlex licensing model offers usage-based security licensing, allowing customers to transition seamlessly between hardware, virtual, and cloud firewall options, optimizing costs and accelerating time to value [6]

Core Insights - Bragar Eagel & Squire, P.C. is investigating potential claims against Fortinet, Inc. regarding possible violations of federal securities laws and unlawful business practices [2] - Fortinet reported disappointing second quarter 2025 financial results, leading to confusion among investors about its product revenue growth [3] Financial Performance - On August 6, 2025, Fortinet announced second quarter results that did not meet investor expectations, resulting in a significant stock price drop [3] - The company's stock price fell by $21.28 per share, or 22.03%, closing at $75.30 per share on August 7, 2025 [3] Market Reaction - Analyst Jonathan Ho from William Blair noted that confusion arose from Fortinet's statement regarding the completion of 40% to 50% of its accelerated firewall refresh, which is estimated to be a $450 million opportunity [3]

I have been covering Fortinet (NASDAQ: FTNT ) practically since I started as an analyst at Seeking Alpha. Since then, I have seen sentiment toward the company change direction several times, usually very abruptly, both for betterI am an investor who relies on the fundamental aspects of companies. I enjoy being the owner of the world's best businesses with strong long-term projections. To achieve this, I conduct thorough research on the companies I invest in, placing significant importance on the sector, com ...