The cybersecurity industry has a $2 trillion market opportunity. As the record number of ransomware attacks showed last year, threats are rising, and businesses need to bolster their defenses. In such a backdrop, cybersecurity stocks are a top industry to invest in.Several tailwinds underpin spending on cyber defense. First, rising threat levels make cybersecurity a priority for organizations. Otherwise, neglecting this area might lead to financial losses and a tarnished brand in case of a breach.Secondly, ...

Fortinet (FTNT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this network security company have returned +11.3%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Internet - Software industry, which Fortinet falls in, has gained 5.2%. The key question now is: What could be the stock's future direction?While me ...

SUNNYVALE, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the industry's only comprehensive secure networking solution integrated with Wi-Fi 7. Fortinet's first Wi-Fi 7 access point, FortiAP 441K, delivers increased speed and capacity, and the new FortiSwitch T1024 is purpose-built with 10 Gigabit Ethernet (GE) access and 90W Power over Ethernet (PoE) technology to support Wi-Fi 7 bandwidt ...

Fortinet (FTNT) closed at $62.25 in the latest trading session, marking a +1.43% move from the prior day. This move outpaced the S&P 500's daily loss of 0.07%.Coming into today, shares of the network security company had gained 10.88% in the past month. In that same time, the Computer and Technology sector gained 2.5%, while the S&P 500 gained 3.98%.Analysts and investors alike will be keeping a close eye on the performance of Fortinet in its upcoming earnings disclosure. The company's earnings report is se ...

SUNNYVALE, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Ken Xie, Founder, Chairman of the Board, and CEO at Fortinet"As cybersecurity challenges emerge at an unprecedented pace, public-private partnerships play an increasingly important role in effectively mitigating cyberthreats and bolstering our collective cyber resilience. The World Economic Forum's Annual Meeting brings together global leaders to engage in open and constructive dialogue and collaborate on solutions to solve critical cybersecurity challen ...

The most recent trading session ended with Fortinet (FTNT) standing at $57.85, reflecting a +0.12% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.8%. Elsewhere, the Dow saw a downswing of 0.76%, while the tech-heavy Nasdaq depreciated by 1.18%.Shares of the network security company witnessed a gain of 10.02% over the previous month, beating the performance of the Computer and Technology sector with its gain of 2.11% and the S&P 500's ga ...

Fortinet (FTNT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this network security company have returned +10%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Internet - Software industry, which Fortinet falls in, has gained 4.5%. The key question now is: What could be the stock's future direction?While media ...

SUNNYVALE, Calif., Jan. 02, 2024 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its fourth quarter and Full Year 2023 financial results on Tuesday, February 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://inves ...

Start Time: 15:45 January 1, 0000 4:15 PM ET Fortinet, Inc. (NASDAQ:FTNT) Barclays Global Technology Conference December 06, 2023, 15:45 PM ET Company Participants Michael Xie - Founder and Chief Technology Officer Peter Salkowski - SVP of Finance and IR Conference Call Participants Saket Kalia - Barclays Operator Saket Kalia Good afternoon, everyone. Welcome to day one of the Barclays Tech Conference. My name is Saket Kalia. I cover software here at Barclays. I'm honored to have the team with us here from ...

Fortinet, Inc. (NASDAQ:FTNT) Wells Fargo 7th Annual TMT Summit Conference November 28, 2023 3:45 PM ET Company Participants Keith Jensen - CFO Conference Call Participants Andy Nowinski - Wells Fargo Andy Nowinski Okay, everyone, thank you very much for joining us today. My name is Andy Nowinski, software analyst at Wells Fargo. And it's my pleasure to introduce you to Keith Jensen, CFO of Fortinet. I think we have a full room and we're webcasting this session. So I know Keith has a safe harbor statement he ...