Fortinet FTNT is scheduled to report third-quarter 2024 results on Nov. 7, after market close. The cybersecurity firm projects revenues between $1.445 billion and $1.505 billion. The Zacks Consensus ...

Wednesday, November 6, 2024 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Shopify ...

Finally, I will conduct a valuation to approximate the company's intrinsic value. The main market concern that caused the drop in Fortinet's stock price was seeing that billings began to slow ...

US Bancorp DE lessened its stake in shares of Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 2.8% in the 3rd quarter, according to the company in its most recent filing with the Securities ...

The bug, tracked as CVE-2024-47575, has been assigned a CVSS score of 9.8 out of 10, and is described as a “missing ...

FortiDLP’s unified approach to data protection enables enterprise organisations to anticipate and prevent accidental and malicious data loss across cloud deployments, applications, and managed and ...

While Fortinet's valuation may appear high, the company's strong competitive position and high margins justify this. Fortinet's (NASDAQ:FTNT) share price rebounded to near all-time highs after its ...

Wedbush reissued an outperform rating and set a $78.00 price objective on shares of Fortinet in a report on Wednesday, August 7th. Needham & Company LLC restated a hold rating on shares of ...

This stolen information can be used to learn about and target FortiGate devices to gain initial access to corporate networks or MSPs downstream clients. The company also confirms there is no ...

The firm notes that Fortinet's revenue growth has slowed compared to previous years. The company saw revenue growth of 32% in 2022, but that has dropped to an estimated 10-11% for 2024. Similarly ...

Fortinet is addressing this gap through its commitment to train 1 million individuals in cybersecurity by the end of 2026. At the halfway point of this five-year pledge, the company has already ...

As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector. Net Margin: Fortinet's net margin ...