Core Insights - Fortinet's Total Economic Impact study reveals a 308% return on investment (ROI) and payback period of less than six months for organizations deploying Fortinet Secure LAN Edge [1][5] - The study indicates a 60% reduction in the risk of breaches from external attacks and a 50% increase in network operations efficiency [1][5] Financial Metrics - The composite organization achieved benefits of $13.1 million over three years against costs of $3.2 million, resulting in a net present value of $9.9 million [5] - The reduction in exposure to costly material breaches is estimated at $1.6 million due to enhanced network perimeter protection [5] Operational Efficiency - Organizations reported a 50% increase in network operations efficiency, translating to $1.3 million in operational savings [5] - The consolidation of management into a single interface eliminated redundant tasks and accelerated troubleshooting [5] Cost Savings - Customers experienced a 20% reduction in networking and security technology costs, leading to an additional profit of $2.6 million from improved availability [5] - Improved network security response time was reduced by 75%, valued at $653,000 for the composite organization [5] Security Enhancements - Fortinet Secure LAN Edge provides protection at the point of connection, effectively catching issues before they impact critical infrastructure [2][5] - The unified platform, powered by AI-driven operations, delivers measurable efficiency gains and stronger protection across all connection points [2][3]

Accessibility StatementSkip Navigation NEW YORK, Nov. 6, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Fortinet, Inc. (NASDAQ: FTNT) between November 8, 2024 and August 6, 2025, both dates inclusive (the "Class Period"), of the important November 21, 2025 lead plaintiff deadline. So what: If you purchased Fortinet common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs t ...

Fortinet, Inc. ALERT: Kirby McInerney LLP Reminds Fortinet, Inc. Investors of Important Deadline in Class Action Lawsuit Share NEW YORK--(BUSINESS WIRE)--If you have suffered a loss on your Fortinet, Inc. ("Fortinet†or the "Company†) (NASDAQ:FTNT) investment, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost. Investors have until November 21, 202 ...

Information, statements and projections contained in these presentation slides and related conference call concerning Fortinet's business outlook, the fourth quarter and full year 2025 guidance, and future prospects and expectations are forward-looking statements that involve risks and uncertainties. These forward-looking statements include statements regarding any indications related to future growth and market share gains, our strategy going forward, and guidance and expectations around future financial r ...

Core Viewpoint - Fortinet, Inc. is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims that the company misled investors regarding its product upgrade cycle and revenue expectations [1][3]. Company Overview - Fortinet is described as a leader in cybersecurity, providing a range of hardware and software products, with its flagship product being the FortiGate firewall [2]. Allegations of the Lawsuit - The lawsuit alleges that Fortinet failed to disclose critical information about the forced upgrade cycle of its FortiGate firewalls, including: - The number of units subject to the upgrade was smaller and included more low-end units than represented [3]. - The age and cost of certain devices in the upgrade cohort would not significantly impact current revenues [3]. - Fortinet lacked necessary data on end users to assess the impact of the end-of-service event in 2026 [3]. - The 2026 forced upgrade cycle had progressed significantly during the second half of 2024 and the first half of 2025 [3]. - Without customer upgrades, Fortinet's reported product sales would have been flat or negative [3]. - The 2026 forced upgrade cycle would not be a meaningful growth driver for the second half of 2025 and 2026 [3]. Impact of the Allegations - On August 6, 2025, Fortinet disclosed that the 2026 forced upgrade cycle was already 40%-50% complete as of June 30, 2025, contradicting prior investor expectations [4]. - Following this revelation, Fortinet's stock price fell by more than 22% [4]. Legal Process - Investors who purchased Fortinet common stock during the class period can seek appointment as lead plaintiff in the lawsuit, which allows them to act on behalf of other class members [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is representing the plaintiffs and has a strong track record in prosecuting investor class actions, having recovered over $2.5 billion for investors in 2024 alone [7][8].

Core Insights - Fortinet, Inc. (NASDAQ:FTNT) is recognized as a stock to buy by billionaire Ray Dalio's Bridgewater Associates [1] - The company has expanded its partnership with Armis to integrate Armis Centrix into the Fortinet Security Fabric, aiming to enhance asset visibility and security operations [1][2] Group 1: Partnership and Integration - The extended collaboration with Armis will provide unified asset visibility, management, and automated policy enforcement [1] - Armis' technology offers deep contextual insights into network-connected assets, allowing Fortinet to provide targeted security recommendations [2] - The integration supports real-time risk assessment and faster incident response, addressing the complexity in cybersecurity tools [2][3] Group 2: Product Offerings - Fortinet develops and sells network security appliances, endpoint protection, and cloud-based security solutions, with key products including FortiGate firewalls [3] - The partnership enhances Fortinet's core security offerings, which now include monitoring for over 6.5 billion devices across various sectors [3]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fortinet, Inc. common stock between November 8, 2024, and August 6, 2025, of the upcoming lead plaintiff deadline on November 21, 2025, for a class action lawsuit related to misleading statements made by the company [1][2]. Group 1: Class Action Details - Investors who bought Fortinet stock during the specified period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2][6]. - The lead plaintiff must file a motion with the court by November 21, 2025, to represent other class members [2]. Group 2: Allegations Against Fortinet - The lawsuit claims that Fortinet made materially false and misleading statements regarding a "record" round of FortiGate unit upgrades, projecting $400 million to $450 million in product revenue for 2025 and 2026 [4]. - It is alleged that the company misrepresented the sustainability and impact of the refresh cycle, which was said to consist of old products that represented a "small percentage" of the company's business [5]. - The lawsuit contends that Fortinet concealed the true number of firewalls eligible for upgrades and misled investors about the momentum of the refresh cycle, which was pushed through more quickly than communicated [5].

Core Viewpoint - Fortinet, Inc. is facing a class action lawsuit due to alleged securities fraud related to misleading statements about its business performance and the sustainability of its firewall upgrade cycle, which led to significant stock price declines following disappointing financial results [2][3]. Financial Performance - On August 6, 2025, Fortinet reported its Q2 2025 financial results, indicating that it was only "approximately 40% to 50% of the way through the 2026 firewall upgrade cycle" [2]. - The company provided weaker than expected revenue guidance for Q3 2025, projecting revenue between $1.67 billion and $1.73 billion [2]. - Following this announcement, Fortinet's share price dropped by $21.28, or approximately 22%, from $96.58 to $75.30 [2]. Lawsuit Details - The lawsuit is on behalf of investors who purchased Fortinet securities from November 8, 2024, to August 6, 2025, alleging that the company made materially false and misleading statements regarding the impact of a "record" round of FortiGate unit upgrades [3]. - Defendants claimed that the upgrade cycle would generate "around $400 million to $450 million in product revenue" in 2025 and 2026, and that it would gain momentum in the second half of 2025 [3]. - The lawsuit contends that the actual refresh cycle was not as lucrative as represented, consisting of old products that were a "small percentage" of the company's business, and that Fortinet misrepresented the true number of upgradable FortiGate firewalls [3].

Core Insights - 87% of cybersecurity professionals believe AI will enhance their roles, providing efficiency and relief amid ongoing skill shortages [3][4] - The 2025 Global Cybersecurity Skills Gap Report highlights a critical shortage of over 4.7 million skilled professionals, leading to unfilled security roles and increased breach rates [2][4] - Organizations are increasingly adopting AI-enabled cybersecurity solutions, with 97% either using or planning to implement such technologies [4][5] Cybersecurity Skills Gap - The report indicates that 86% of organizations experienced at least one cyber breach in 2024, a rise from 80% in 2021, with 28% reporting five or more breaches [4] - More than 50% of respondents cited a lack of IT security skills and training as a leading cause of breaches [4] - Financial impacts of breaches are significant, with 52% of organizations reporting costs exceeding $1 million in 2024, up from 38% in 2021 [4] AI in Cybersecurity - While AI can alleviate pressure on security teams, nearly half (48%) of IT decision-makers identify a lack of staff with sufficient AI expertise as a major challenge [4][5] - 80% of surveyed professionals believe AI is making their teams more effective, but 76% of organizations that faced nine or more cyberattacks in 2024 had AI tools in place, indicating that mere adoption is insufficient without expertise [4][5] Board-Level Focus - Cybersecurity is increasingly recognized as a board-level priority, with 76% of boards increasing their focus on the issue in 2024 [9] - However, fewer than half (49%) of board members fully understand the risks associated with AI, highlighting a gap in awareness [9] Upskilling and Training - The report emphasizes the need for organizations to invest in training and upskilling to close the cybersecurity skills gap [5][6] - Fortinet aims to train 1 million people in cybersecurity globally by the end of 2026, reflecting a commitment to addressing the skills shortage [7]

Core Insights - Fortinet is participating in the World Economic Forum (WEF) Annual Meeting on Cybersecurity in Dubai from October 14-16, marking its fifth consecutive year at the event [1][2] - The company emphasizes the importance of public-private partnerships in enhancing global cyber resilience and addressing the evolving threat landscape influenced by AI [2][7] - Fortinet is actively involved in initiatives such as the Partnership Against Cybercrime and the Cybercrime Atlas, contributing to the development of frameworks for collaboration and intelligence sharing [3][10] Company Initiatives - Fortinet's Chief Security Strategist, Derek Manky, will participate in a panel discussion titled "Scaling Disruption: The Next Chapter in Cybercrime Collaboration," focusing on leveraging private sector expertise to combat cybercrime [2][6] - The Cybercrime Atlas, launched in 2024, aims to coordinate efforts across sectors to map and disrupt cybercriminal activities, with contributors sharing over 10,000 actionable data points in its first year [3][12] - Fortinet is a founding partner of the WEF Centre for Cybersecurity and has contributed to the Strategic Cybersecurity Talent Framework and AI and Cyber Initiative [2][3] Industry Context - According to the WEF's Global Cybersecurity Outlook 2025 report, over 70% of global leaders perceive rising cybersecurity risks, highlighting the need for collaboration and interdisciplinary approaches to strengthen defenses [7][8] - The Annual Meeting on Cybersecurity is being held alongside the Annual Meeting of the Global Future Councils 2025, aiming to leverage insights from various stakeholders to address cybersecurity challenges [8]