Fortinet, Inc. (FTNT) News

Fortinet, Inc. (FTNT)

Today's Latest Price: $130.38 USD

2.22 (1.73%)

Updated Oct 23 4:00pm

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Ranked of 23 in Software - Security

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Latest FTNT News From Around the Web

Below are the latest news stories about Fortinet Inc that investors may wish to consider to help them evaluate FTNT as an investment opportunity.

Fortinet's Soft Billing Presents An Opportunity To Invest

Fortinet, Inc. (FTNT) provides a broad offering of network and cyber-security products and services, including security-driven networking, infrastructure, and cloud security, and is one of my top digital transformation picks for the current market conditions. This company achieved revenue growth of 18% in Q2 2020 while boasting a huge free...

Steve Auger on Seeking Alpha | September 16, 2020

Fortinet: Leading Cybersecurity Provider Benefiting From Growing SD-WAN Market

With new threats to internet security popping up everyday, leading cybersecurity company Fortinet (FTNT) already has a thriving business. Relatively new and still emerging technologies such as cloud computing, 5G, and software-defined wide-area networking (SD-WANs) are providing excellent growth potential and could drive customer demand going forward. Earnings Fortinet announced...

Michael Fitzsimmons on Seeking Alpha | September 9, 2020

Fortinet price target raised at UBS on improved positioning

Citing meetings with the company's CFO, UBS raises its Fortinet (FTNT) price target from $134 to $140.Analyst Fatima Boolani walked away seeing Fortinet's "improved secular positioning" and work from home opportunity, which have "expanded market share grab and thus growth runway."Boolani was also "encouraged by the margin leverage from this momentum."UBS...

Seeking Alpha | August 26, 2020

BrandPost: Report Reveals How Enterprises Must Adapt to Secure Remote Work at Scale

The COVID-19 pandemic and the shift to contactless commerce is driving major changes in business models and forcing business leaders to re-think the way they operate – particularly as local governments require or recommend employees work from home. Under normal circumstances, businesses would make this shift over an extended period of time to ensure a seamless transition. However, the pandemic forced a sudden and massive shift to work-from-home which added more stress to already stretched IT teams, and often creating new security challenges. In the new 2020 Remote Workforce Cybersecurity Report , Fortinet explores the challenges of remote working and how organizations of all sizes are planning to support the new normal. In fact, nearly a third of businesses who moved to a remote work mo...

CSOonline | August 24, 2020

Fortinet Commended by Frost & Sullivan for Achieving the Highest Growth Rate in the Global Network Access Control Market

Fortinet's growth is the result of its focus on Zero Trust Architecture and the convergence of NAC and Internet of Things SANTA CLARA, Calif., Aug. 24, 2020 /PRNewswire/ -- Based on its recent analysis of the global network access control (NAC) market, Frost & Sullivan recognizes Fortinet…

PR Newswire | August 24, 2020

Fortinet Partners with IBM for New Training Program

IBM and Fortinet team up to provide new cybersecurity skills training program

Infosecurity Group | August 18, 2020

Schneider Electric Partners with Fortinet to Secure the Digital Transformation

BOSTON, Aug. 11, 2020 /PRNewswire/ -- Schneider Electric, the leader in digital transformation of energy management and automation, and Fortinet, a global leader in broad, integrated and automated cybersecurity solutions, have joined in a strategic partnership to provide cybersecurity…

PR Newswire | August 11, 2020

Fortinet dips on soft Q2 billings

Fortinet (FTNT) beat top and bottom line estimates for the second quarter, driven by SD-WAN demand and the work from home trend. Revenue was up 18% Y/Y to $615.5M with Product sales of $211.9M (+12%).Billings totaled $711.5M, slightly below the $712M consensus and the midpoint of the $700-725M guidance.Deferred revenue rose...

Seeking Alpha | August 7, 2020

Fortinet, Inc. 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Fortinet, Inc. in conjunction with their 2020 Q2 earnings call....

SA Transcripts on Seeking Alpha | August 7, 2020

Fortinet launches 4400F hyperscale data center, 5G firewall | ZDNet

The FortiGate 4400F highlights how the company is leveraging its NP7 network processor to expand its portfolio.

ZDNet | August 6, 2020

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