The company caters to more than 450,000 customers worldwide that includes most of the Fortune 100 companies. Fortinet reported revenues of $5.3 billion in 2023, which increased 20.1% from 2022.
Rosenblatt raised the firm’s price target on Fortinet (FTNT) to $90 from $85 and keeps a Buy rating on the shares. The firm says the ...
Barclays analyst Saket Kalia raised the firm’s price target on Fortinet (FTNT) to $95 from $85 and keeps an Equal Weight rating on the shares. The company reported better Q3 billings but guided down ...
And 99/100 is considered very good. Let's take a look. Fortinet's revenue grows steadily at 10 year CAGR of 24.7% per year and 5 year CAGR of 27%, from $534 million in 2012 to $5.3 billion in 2023.
As you can see, only 10% of Fortinet's operating cash flow comes directly from SBCs, while in other companies it exceeds 50% and approaches almost 100%, which means that if they had paid that ...
Fortinet has strengthened Lacework's solution in areas like automated remediation and the blocking of active threats. Lacework reportedly has around 100 million USD ARR and nearly 1,000 customers.
Get a deeper insight into the potential performance of Fortinet (FTNT) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates ...
Rocket Lab (RKLB) is high risk. The CrowdStrike and Fortinet partnership enhances network and endpoint security while simplifying operations and improving threat detection and response.
The latest trading session saw Fortinet (FTNT) ending at $82.07, denoting a +1.23% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.18%. Elsewhere ...
Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers, government organizations, and small to medium-sized businesses.