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Fortinet Named a Challenger in the 2024 Gartner® Magic Quadrant™ for Single-Vendor SASE
Newsfilter· 2024-07-09 15:08
SUNNYVALE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- John Maddison, Chief Marketing Officer at Fortinet "Fortinet Unified SASE embodies our longstanding commitment to converging networking and security to deliver integrated solutions to our customers. Like most offerings across the Fortinet Security Fabric, our Unified SASE solution is powered by a single operating system and AI-powered security services that enable consistent security and user experience no matter where users are. We continue to see stro ...
Fortinet Named a Challenger in the 2024 Gartner® Magic Quadrant™ for Single-Vendor SASE
GlobeNewswire News Room· 2024-07-09 15:08
SUNNYVALE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- John Maddison, Chief Marketing Officer at Fortinet “Fortinet Unified SASE embodies our longstanding commitment to converging networking and security to deliver integrated solutions to our customers. Like most offerings across the Fortinet Security Fabric, our Unified SASE solution is powered by a single operating system and AI-powered security services that enable consistent security and user experience no matter where users are. We continue to see stro ...
3 Cybersecurity Stocks to Sell in July Before They Crash & Burn
Investor Place· 2024-07-02 20:45
It’s been a tumultuous first half of 2024 for cybersecurity stocks as early optimism was handed a reality check amid challenging first-quarter earnings for leading industry players like Cloudflare and Fortinet (NASDAQ:FTNT). With worse-than-expected billings shortfalls pushing cybersecurity stocks lower, the complex state of the industry has been laid bare for investors. There’s little doubt that the cybersecurity industry is full of potential, and projections of market revenue to reach $185.70bn in 2024 un ...
Fortinet: An Undervalued Cybersecurity Stock Worth Owning
MarketBeat· 2024-07-02 11:12
Fortinet TodayFTNTFortinet$59.85 -0.42 (-0.70%) 52-Week Range$44.12▼$81.24P/E Ratio39.12Price Target$70.03Add to WatchlistLeading cybersecurity provider Fortinet Inc. NASDAQ: FTNT stock has been lagging behind its peers and the benchmark indexes, trading up just 3.8% year-to-date (YTD). The company offers security-as-a-service (SaaS) through the cloud, primarily billing through a subscription model. The end of its growth normalization cycle may be near. Fortinet has over 650,000 customers, including Alibaba ...
2 Top Tech Stocks to Buy Right Now
The Motley Fool· 2024-06-30 11:04
These stocks may not get the headlines, but they could be highlights in your portfolio.The stock market has been on a good run lately. The S&P 500 is up 14% year to date, and the Nasdaq Composite has risen by 17%. A lot of this performance has been driven by the large, well-known tech companies in the news almost daily. However, some wonderful tech businesses don't get as much media coverage but are worth considering as investments.Here are two great tech stocks to buy right now. Each company has been repor ...
Fortinet Annual Skills Gap Report Reveals Growing Connection Between Cybersecurity Breaches and Skills Shortages
Newsfilter· 2024-06-26 13:00
SUNNYVALE, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- John Maddison, Chief Marketing Officer at Fortinet"The results from our latest Global Cybersecurity Skills Gap Report highlight the critical need for a collaborative, multi-faceted approach to closing the skills gap. To effectively mitigate risk and combat today's complex threats, organizations must employ a strategic combination of leveraging the right security technology, upskilling existing security professionals through training and certifications, a ...
Fortinet (FTNT) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-06-21 22:55
The most recent trading session ended with Fortinet (FTNT) standing at $58.56, reflecting a +1.07% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.16%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq lost 0.18%.Heading into today, shares of the network security company had lost 4.91% over the past month, lagging the Computer and Technology sector's gain of 6.77% and the S&P 500's gain of 3.15% in that time.Investors will be ...
Fortinet Report: Threat Actors Are Increasingly Targeting OT Organizations
GlobeNewswire News Room· 2024-06-18 13:00
SUNNYVALE, Calif., June 18, 2024 (GLOBE NEWSWIRE) -- John Maddison, Chief Marketing Officer at Fortinet“Fortinet’s 2024 State of Operational Technology and Cybersecurity Report shows that while OT organizations are making progress in strengthening their security posture, teams still face significant challenges in securing converged IT/OT environments. Adopting essential tools and capabilities to enhance visibility and protections across the entire network will be vital for these organizations when it comes ...
Fortinet (FTNT) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-06-14 22:50
Fortinet (FTNT) closed at $60.78 in the latest trading session, marking a +0.91% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.04%. Elsewhere, the Dow lost 0.15%, while the tech-heavy Nasdaq added 0.12%.Heading into today, shares of the network security company had lost 1.65% over the past month, outpacing the Computer and Technology sector's loss of 2.27% and lagging the S&P 500's gain of 4.15% in that time.Market participants will be closely following the financial results of F ...
Fortinet (FTNT) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-06-13 23:12
Fortinet (FTNT) closed the latest trading day at $60.23, indicating a -0.64% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.23%. Meanwhile, the Dow lost 0.17%, and the Nasdaq, a tech-heavy index, added 0.34%.Heading into today, shares of the network security company had lost 0.18% over the past month, outpacing the Computer and Technology sector's loss of 2.01% and lagging the S&P 500's gain of 3.96% in that time.The investment community will be paying close attention ...