Fortinet Inc (NASDAQ:FTNT) stock is up 2% at $68.06 at last check, as it trades within one standard deviation of its 50-day moving average, a historically bullish trendline that has provided tailwinds in the past. The shares already boast a 16% lead for 2024, and could soon make another run at a ceiling at the $74 level.  Per Schaeffer's Senior Quantitative Analyst Rocky White's data, the security saw at least two similar signals in the last three years, defined for this study as having traded north of this ...

According to Statista, the cybersecurity industry was worth just shy of $300 billion in 2022 and is projected to approach $540 billion by the decade's end. This underlines how serious corporations have become about protecting themselves and their data against hackers and malicious actors.It's an opportunity no long-term investor should skip past. The companies providing next-generation security solutions could grow for years to come.Palo Alto Networks (PANW -1.88%), SentinelOne (S -5.15%), and Fortinet (FTN ...

SUNNYVALE, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- John Maddison, Chief Marketing Officer at Fortinet"The industry is finally realizing that networking and security need to be converged. Traditional networking products try and bolt security on top; Fortinet builds secure WLAN/LAN products with security built in from the ground up. Even with thin edge applications, we've integrated our cloud-based security, FortiSASE, to drive seamless, secure connectivity. Further, we are heavily investing in AIOps to r ...

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Windstream Enterprise (WE), a leading IT managed services provider, today unveiled Secure Flex Premium, a comprehensive suite of advanced technology solutions powered by Fortinet® (NASDAQ: FTNT) that provides a fully customizable cybersecurity infrastructure aimed to address the current and future network security needs of each unique customer. Through a bespoke technology package built upon one’s existing on-premises, hybrid or cloud environment, Secure Flex Premium prov ...

It has been about a month since the last earnings report for Fortinet (FTNT) . Shares have added about 1.8% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Fortinet due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Fortinet Q4 Earnings Beat Estimates, Sales Rise Y/Y ...

Fortinet, Inc. (NASDAQ:FTNT) Management presents at Morgan Stanley's Technology, Media & Telecom Conference March 5, 2023 5:05 PM ET Company Participants Ken Xie - Chairman and CEO Keith Jensen - CFO Conference Call Participants Hamza - Cybersecurity analyst at Morgan Stanley Hamza Fodderwala All right. Good afternoon, everybody. Thank you for joining us. My name is Hamza. I'm the cybersecurity analyst here at Morgan Stanley. And with me, I'm really excited to have the team from Fortinet here. We have Ken X ...

Fortinet, Inc. (NASDAQ:FTNT) Management presents at Morgan Stanley's Technology, Media & Telecom Conference March 5, 2023 5:05 PM ET Company Participants Ken Xie - Chairman and CEO Keith Jensen - CFO Conference Call Participants Hamza - Cybersecurity analyst at Morgan Stanley Hamza Fodderwala All right. Good afternoon, everybody. Thank you for joining us. My name is Hamza. I'm the cybersecurity analyst here at Morgan Stanley. And with me, I'm really excited to have the team from Fortinet here. We have Ken X ...

SUNNYVALE, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Rob Rashotte, Vice President of Global Training and Global Field Enablement at Fortinet "Fortinet is committed to making cybersecurity education and training accessible to all to address the global talent shortage; public-private partnerships play a vital role in this effort. Our collaboration with the European Commission's Cybersecurity Skills Academy is aligned with our goal of providing cybersecurity training to 1 million people globally by 2026. We ...

Cybersecurity stocks had a rough week after Palo Alto Networks (NASDAQ:PANW) reported significant growth deceleration. Total billings are expected to range from 2% to 4% in the fiscal third quarter of 2024, and a sudden shift in strategy didn’t do the corporation any favors.Many cybersecurity stocks proceeded to lose ground after the earnings report came out. While the sector has experienced some pushback due to high valuations and decelerating revenue growth, some cybersecurity stocks will likely continue ...

Fortinet (FTNT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this network security company have returned +2.3% over the past month versus the Zacks S&P 500 composite's +4.7% change. The Zacks Internet - Software industry, to which Fortinet belongs, has gained 11.1% over this period. Now the key question is: Where could the stock be headed in the near t ...