Core Insights - Fortinet is enhancing its cloud-first, AI-driven growth model by expanding FortiCloud with new offerings like FortiIdentity, FortiDrive, and FortiConnect, aiming to create a unified ecosystem that boosts automation and recurring revenue streams [1][9] - The integration of AI into FortiCloud is emphasized through the expansion of the FortiAI suite, which includes tools designed to secure AI infrastructure and improve operational efficiency [2] - Fortinet's strategy supports a long-term shift towards subscription-based, high-margin cloud services, with management projecting sustained billings momentum backed by significant infrastructure investments [3] Financial Projections - Fortinet's total revenues are expected to grow by 13% in 2025 and 10% in 2026, reflecting the positive impact of the FortiCloud evolution [4] - The Zacks Consensus Estimate for Fortinet's earnings is projected at $2.52 per share for 2025 and $2.77 per share for 2026, indicating year-over-year earnings growth of 6.33% for 2025 and 9.83% for 2026 [14][15] Competitive Landscape - Fortinet faces competition from Zscaler, which excels in cloud-native security with its SaaS-based platforms, and Palo Alto Networks, which offers advanced security solutions across hybrid and multi-cloud environments [5][6] - Zscaler's agility and scalability in cloud-first environments contrast with Fortinet's hybrid hardware-cloud model, which appeals to enterprises needing deeper on-prem integration [5] - Palo Alto Networks' comprehensive solutions command higher costs but deliver superior security performance, making them a preferred choice for large organizations [6] Valuation and Market Performance - Fortinet shares have declined by 12.1% year to date, underperforming the Zacks Security industry's 23.2% rally and the broader Computer and Technology sector's 22.8% growth [7] - The company appears overvalued with a forward 12-month price-to-sales ratio of 8.8, compared to the sector's average of 6.9, and carries a Value Score of D [11]

CyberArk (CYBR) closed at $491.30 in the latest trading session, marking a -2.52% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.16%. On the other hand, the Dow registered a gain of 0.44%, and the technology-centric Nasdaq decreased by 0.76%. Shares of the maker of software that detects attacks on privileged accounts witnessed a gain of 5.9% over the previous month, beating the performance of the Computer and Technology sector with its gain of 3.34%, and the S&P 5 ...

Okta (OKTA) closed the most recent trading day at $89.08, moving -1.18% from the previous trading session. This move lagged the S&P 500's daily loss of 0.16%. Elsewhere, the Dow saw an upswing of 0.44%, while the tech-heavy Nasdaq depreciated by 0.76%. Shares of the cloud identity management company witnessed a loss of 0.85% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 3.34%, and the S&P 500's gain of 1.14%.The investment community will be closely ...

Key Takeaways CrowdStrike is leveraging strategic alliances to accelerate growth and expand its Falcon platform.New partnerships with NVIDIA, KPMG, Salesforce, and Meta enhance AI and security capabilities.These collaborations aim to propel CRWD toward its $10B ARR goal and strengthen market presence.CrowdStrike ((CRWD) is rapidly expanding through strategic partnerships to strengthen its growth outlook. In the second quarter of fiscal 2026, about 60% of new business came through partners, showing the impor ...

Key Takeaways Palo Alto Networks ended fiscal 2025 with strong momentum in its large platform deals.Customers with more than $20M in NGS ARR jumped 80%, showing robust enterprise adoption.The Q4 platform wins topped $100M, supporting PANW's 14% FY26 revenue growth outlook.Palo Alto Networks (PANW) finished fiscal 2025 with strong results, helped by more customers choosing its platforms. In the fourth quarter of fiscal 2025, the company saw a record number of large platform deals.The platformization strategy ...

Key TakeawaysJPMorgan (JPM) has announced a significant commitment to steer $1.5 trillion towards US security industries, highlighting a major financial focus on the defense sector.Joel Mokyr, Philippe Aghion, and Peter Howitt have been jointly awarded the Nobel Prize in Economic Sciences for their groundbreaking work.Goldman Sachs (GS) analysts project that US consumers will bear more than half the cost of potential new Trump tariffs, indicating looming inflationary pressures on households.The French gover ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Palo Alto Networks (PANW) ended the recent trading session at $215.17, demonstrating a -1.2% change from the preceding day's closing price. This change lagged the S&P 500's 0.28% loss on the day. At the same time, the Dow lost 0.52%, and the tech-heavy Nasdaq lost 0.08%. Shares of the security software maker have appreciated by 10.37% over the course of the past month, outperforming the Computer and Technology sector's gain of 7.19%, and the S&P 500's gain of 4.03%.Analysts and investors alike will be keepi ...

Key Takeaways Palo Alto Networks shares are up 19.5% YTD, underperforming the Security industry's 20.6% growth.Revenues and NGS ARR growth are slowing, with fiscal 2026 sales projected to rise about 14%.AI innovations like Cortex XSIAM, Prisma AIRS and a planned CyberArk deal support long-term growth.Palo Alto Networks, Inc. ((PANW) shares have gained 19.5% year to date, underperforming the Zacks Security industry’s growth of 20.6%. The stock has also underperformed its industry peers and competitors, inclu ...

Core Insights - The Group's sales revenue for Q3 2025 reached 232.7 million euros, a 1.5% increase year-on-year, while the nine-month total was 680.4 million euros, down 1.1% from the previous year [1][2] - The Group's pre-tax profit for Q3 2025 was 8.1 million euros, a decrease of 5.7% compared to the same period last year, with a nine-month pre-tax profit of 16.0 million euros, down 28.1% year-on-year [1][2] Sales Performance - Sales revenue growth was observed across nearly all business segments, with the exception of the security segment, which saw a decline due to reliance on one-off projects [2] - The car segment's sales revenue for the first nine months was 9.6% lower than the previous year, primarily due to a 40.5% contraction in the Estonian new car market [2][20] - The supermarket segment reported a 0.9% increase in Q3 sales revenue, totaling 150.9 million euros, and a 1.9% increase for the first nine months [6][8] Profitability - The supermarket segment's pre-tax profit for Q3 2025 was 4.7 million euros, a decrease from the previous year, with a nine-month pre-tax profit of 8.7 million euros, down 2.8 million euros year-on-year [6][9] - The overall decline in profit margins was attributed to increased promotional activities and rising input costs, despite maintaining operational cost efficiency [9][12] Segment Analysis - The department stores segment achieved a 3.8% increase in Q3 sales revenue, totaling 22.4 million euros, but reported a pre-tax loss of 1.0 million euros [15][16] - The real estate segment saw a 12.1% increase in Q3 sales revenue, reaching 1.9 million euros, with a pre-tax profit of 2.4 million euros, up 45.4% [24][25] - The security segment's sales revenue decreased by 15.4% in Q3, totaling 4.8 million euros, with a pre-tax profit of 0.2 million euros [22][23] Customer Engagement - The number of loyal customers exceeded 750,000, representing a 1.4% increase year-on-year, with 85.9% of the Group's turnover attributed to these customers [5] - The Partner Card mobile app has gained popularity, with over 323,000 users by the end of the quarter [5] Future Developments - The Group is focusing on optimizing product assortment and processes, including the introduction of the First Price brand to enhance competitive pricing [10][11] - Renovation projects are underway to improve store energy efficiency and align with current business needs, including the upcoming Jõgeva Selver store renovation [13][26]