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Fortinet Surges 65% YTD: A Prime Cybersecurity Buy for 2025?
ZACKS· 2024-12-11 15:40
Fortinet's (FTNT) impressive 65.1% surge year to date, outpacing the Zacks Computer and Technology sector’s return of 32.4% and many of its tech sector peers, underscores its strengthening position in the cybersecurity sector. The cybersecurity market continues to expand as digital transformation accelerates globally. Fortinet's integrated approach to security and networking positions it favorably to capture this growth. The company's strong product portfolio, strategic expansions and focus on innovation pr ...
Zacks Industry Outlook Fortinet, Zoom Communications and Twilio
ZACKS· 2024-12-11 08:16
For Immediate ReleaseChicago, IL – December 11, 2024 – Today, Zacks Equity Research Fortinet (FTNT) , Zoom Communications (ZM) and Twilio (TWLO) .Industry: Internet SoftwareLink: https://www.zacks.com/commentary/2381372/3-internet-software-stocks-to-buy-from-a-prospering-industryThe Zacks Internet Software industry is benefiting from accelerated demand for digital transformation and the ongoing shift to the cloud. The high demand for Software as a Service or SaaS-based solutions due to the increasing need f ...
Fortinet Achieves the Highest Possible “AAA” Rating on the Industry's Only Independent, Third-Party Security Service Edge Test
GlobeNewswire News Room· 2024-12-04 14:15
SUNNYVALE, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- News Summary   Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced its Security Service Edge (SSE) offering, FortiSASE, received a “AAA” rating from CyberRatings.org, the industry’s only independent third-party cybersecurity testing nonprofit. “SSE is growing in importance as more organizations embrace Unified SASE to protect all devices, edges, and users within their hybrid networ ...
Is Fortinet (FTNT) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-11-29 18:51
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy wit ...
Is Fortinet (FTNT) Outperforming Other Computer and Technology Stocks This Year?
ZACKS· 2024-11-22 15:45
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Fortinet (FTNT) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.Fortinet is a member of our Computer and Technology group, which includes 619 different companies and currently sits at #2 in the Zacks Sector Rank. The Z ...
Fortinet, Inc. (FTNT) Needham Security, Networking, & Communications Conference (Transcript)
Seeking Alpha· 2024-11-19 18:23
Fortinet, Inc. (NASDAQ:FTNT) Needham Security, Networking, & Communications Conference November 19, 2024 9:30 AM ET Company Participants Keith Jensen - CFO John Whittle - COO Christiane Ohlgart - Chief Accounting Officer Conference Call Participants Matt Dezort - Needham Matt Dezort Good morning. And welcome, everyone, to Needham Tech Week. My name is Matt Dezort, senior security analyst here at Needham. It's my pleasure to welcome next to the virtual stage the management team of Fortinet. We've been joined ...
Fortinet, Inc. (FTNT) Needham Security, Networking, & Communications Conference (Transcript)
2024-11-19 18:23
Fortinet, Inc. (NASDAQ:FTNT) Needham Security, Networking, & Communications Conference November 19, 2024 9:30 AM ET Company Participants Keith Jensen - CFO John Whittle - COO Christiane Ohlgart - Chief Accounting Officer Conference Call Participants Matt Dezort - Needham Matt Dezort Good morning. And welcome, everyone, to Needham Tech Week. My name is Matt Dezort, senior security analyst here at Needham. It's my pleasure to welcome next to the virtual stage the management team of Fortinet. We've been joined ...
Fortinet Stock Analysis: Buy, Sell, or Hold?
The Motley Fool· 2024-11-19 10:15
The cybersecurity industry is forecast to grow meaningfully over the next several decades.*Stock prices used were the afternoon prices of Nov. 15, 2024. The video was published on Nov. 17, 2024. ...
This Supercharged Stock Has Jumped 70% Since August, but Can It Sustain Its Magnificent Rally?
The Motley Fool· 2024-11-16 10:10
Investors have seen this cybersecurity stock deliver outstanding earnings growth in recent quarters.Shares of Fortinet (FTNT -0.28%) have embarked on a remarkable bull run since the beginning of August 2024, jumping nearly 70% since then as of this writing. The move comes on the heels of a string of solid quarterly results that have supercharged the cybersecurity specialist's fortunes on the stock market.When Fortinet released third-quarter 2024 results in early August, the better-than-expected numbers sent ...
Fortinet Expands Global Presence with New Company-Owned Innovation Hub in Atlanta
GlobeNewswire News Room· 2024-11-15 14:00
ATLANTA, Nov. 15, 2024 (GLOBE NEWSWIRE) -- John Whittle, Chief Operating Officer at Fortinet "With our new space in Atlanta set to become one of our global Innovation Hubs, we'll be able to better serve our growing customer base in this region as we build on the partnerships created across industries in Georgia over the past 24 years. Through our global Innovation Hubs, Fortinet is committed to enhancing our infrastructure and innovation to continue to deliver unmatched experiences and solutions to customer ...