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Fortinet's SASE category accounts for nearly 25% of its revenue, and it's expanding rapidly. The company reported 24% year-over-year growth in service revenue last quarter, and it's forecasting 18 ...
Fortinet, Inc. is a cybersecurity company with headquarters in Sunnyvale, California. The company develops and sells security solutions like firewalls, endpoint security and intrusion detection systems. Fortinet has offices located all over the world. Brothers Ken Xie and Michael Xie founded Fortinet in 2000.
Fortinet's adjusted EPS rose 37% in 2023, but it expects just 6%-10% growth in 2024 as it ramps up its spending on its development of new ASIC chips. Palo Alto Networks trades at 48 times forward ...
Before you buy stock in Fortinet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Fortinet wasn ...
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average). The index includes about 80 percent of the American equity market by capitalization.
Nasdaq-100. The Nasdaq-100 ( ^NDX [2]) is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence ...
After a massive growth cycle during the pandemic, Fortinet's hardware sales are now in a down cycle. Product sales fell 18% year over year in Q1 to $409 million. But these days, Fortinet's ...
Fortinet's (FTNT) first-quarter 2021 results reflect gains from stellar growth in Fortinet Security Fabric, cloud and SD-WAN offerings. Fortinet (FTNT) Stock Gains on Q1 Earnings Beat, Upbeat Guidance