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Does Fortinet's (FTNT) Cybersecurity Strength Make It a Buy?
ZACKS· 2024-06-11 15:16
Fortinet (FTNT) has emerged as a leading cybersecurity company, offering a comprehensive suite of solutions to protect organizations from the ever-evolving threat landscape.The cybersecurity market is projected to continue to grow at a rapid pace, driven by the increasing frequency and sophistication of cyber threats.According to a report by MarketsandMarkets, the global cybersecurity market is expected to reach $308.8 billion by 2024, at a growth rate of 10% year over year.Higher IT spending on cybersecuri ...
Better Cybersecurity Stock: Palo Alto Networks vs. Fortinet
The Motley Fool· 2024-06-11 11:30
Which of these cybersecurity giants has a brighter future?Palo Alto Networks (PANW 2.37%) and Fortinet (FTNT 0.62%) are two of the largest cybersecurity companies in the world. Both originally developed next-gen firewalls (NGFWs), which upgraded traditional firewalls with more robust network filtering tools, and they subsequently expanded their ecosystems with additional security services.Palo Alto Networks now operates three ecosystems: Strata for its NGFW and on-site networking tools, Prisma for its cloud ...
Down 27% From Its 52-Week High, Is Now the Time to Buy Fortinet Stock?
The Motley Fool· 2024-06-09 07:50
This cybersecurity leader is down but not out.Shares of Fortinet (FTNT -0.05%) are down 27% from their 52-week high. The sell-off stems from a string of weaker-than-expected results and slowing sales over the past year.Despite the recent volatility, investors shouldn't dismiss this cybersecurity leader that maintains a positive outlook. Let's explore why Fortinet shares could be poised for a rebound.The business is in a transitional yearFortinet's first-quarter earnings report released in early May (for the ...
Fortinet, Inc. (FTNT) Bank of America Global Technology Conference (Transcript)
Seeking Alpha· 2024-06-05 20:37
Fortinet, Inc. (NASDAQ:FTNT) Bank of America Global Technology Conference June 5, 2024 1:40 PM ET Company Participants Keith Jensen - Chief Financial Officer John Maddison - Chief Marketing Officer Conference Call Participants Tal Liani - Bank of America Tal Liani So I want to welcome John Maddison, Chief Marketing Officer, and Keith Jensen, CFO. I've known both of them for many years, and we have a lot of discussion, a lot of topics to discuss. Before we start, I think you need to read us something from h ...
Fortinet, Inc. (FTNT) Bank of America Global Technology Conference (Transcript)
2024-06-05 20:37
Fortinet, Inc. (NASDAQ:FTNT) Bank of America Global Technology Conference June 5, 2024 1:40 PM ET Company Participants Keith Jensen - Chief Financial Officer John Maddison - Chief Marketing Officer Conference Call Participants Tal Liani - Bank of America Tal Liani So I want to welcome John Maddison, Chief Marketing Officer, and Keith Jensen, CFO. I've known both of them for many years, and we have a lot of discussion, a lot of topics to discuss. Before we start, I think you need to read us something from h ...
Why Fortinet (FTNT) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-06-03 14:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed along ...
Does Fortinet's (FTNT) Strong Portfolio Make it Worth Buying?
zacks.com· 2024-05-24 16:41
Fortinet (FTNT) has been benefiting from the growing demand for integration of AI in Secure Networking and the strong deployment of security solutions.Fortinet’s solutions are suitable for addressing the increasing cyber threats and the growing need for secure networks. Its latest next-generation firewall appliance is designed to provide top-tier security and networking performance, which is essential for modern campus infrastructure. These capabilities allow institutions to effectively manage and secure th ...
FC Barcelona Selects Fortinet as its Official Cybersecurity Partner for the Future Spotify Camp Nou
Newsfilter· 2024-05-23 15:00
BARCELONA, Spain and SUNNYVALE, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- FC Barcelona and Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, have signed a sponsorship agreement through which Fortinet becomes Espai Barça's new Official Cybersecurity Partner for the next three seasons, until 30 June 2028. As part of the agreement, FC Barcelona will enable a secure digital environment for its Spotify Camp Nou facilities leveraging Fortinet's industry-le ...
FC Barcelona Selects Fortinet as its Official Cybersecurity Partner for the Future Spotify Camp Nou
globenewswire.com· 2024-05-23 15:00
BARCELONA, Spain and SUNNYVALE, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- FC Barcelona and Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, have signed a sponsorship agreement through which Fortinet becomes Espai Barça's new Official Cybersecurity Partner for the next three seasons, until 30 June 2028. As part of the agreement, FC Barcelona will enable a secure digital environment for its Spotify Camp Nou facilities leveraging Fortinet’s industry-l ...
Here's Why Fortinet (FTNT) is a Strong Growth Stock
zacks.com· 2024-05-22 14:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are t ...