Fortinet reported stronger-than-expected financial results for its first quarter of 2026, driven by accelerating enterprise spending on cybersecurity solutions as organizations seek to counter sophisticated AI-driven digital threats. Total revenue increased 20% year over year to $1.85 billion, surpassing the upper end of the company's...
Fortinet Inc. reported a robust second quarter in 2026, delivering USD 2.05 billion in revenue which represented a 26 percent year-over-year increase. Billings for the period rose even more sharply by 33 percent to reach USD 2.37 billion, signaling strong underlying demand for the company's...
Fortinet (NASDAQ:FTNT) is approaching its Q2 earnings report on July 29, entering the period with a track record of 24 consecutive quarters without an earnings miss. The company recently reported record free cash flow of $1.006 billion, a 26.32% year-over-year increase, which has funded significant...
Fortinet reported strong first quarter 2026 financial results, with revenue growing 20% year over year to $1.85 billion and billings increasing 31% to $2.09 billion. Product revenue surged 41% to $645 million, while GAAP earnings per share rose 29% to $0.72 and non-GAAP earnings per...
Fortinet reported strong first quarter fiscal 2026 financial results, exceeding the high end of its revenue and profitability guidance. The company posted significant growth with billings increasing by 31% year over year, driven by the convergence of networking and security as well as heightened demand...
Fortinet Inc. shares jumped more than 15% in late trading after the cybersecurity firm reported a strong first-quarter fiscal 2026 earnings beat and raised its full-year outlook. The company posted adjusted earnings per share of 82 cents, significantly surpassing analyst expectations of 61 cents, while...
Fortinet Inc. reported robust financial performance for the second quarter of fiscal 2026, generating USD 2.05 billion in revenue, which represents a 26 percent year-over-year increase. The company's billings rose even more sharply by 33 percent to reach USD 2.37 billion, while product revenue specifically...
Fortinet Inc. (FTNT) shares gained momentum on September 9, 2026, trading near $157.47 following a robust Q2 2026 performance where billings surged 33% year over year and revenue climbed 26%. The company demonstrated exceptional cash conversion capabilities with a free cash flow margin nearing 49%,...
Fortinet (NASDAQ: FTNT) announced the acquisition of Virtue AI, a specialist in AI runtime protection and automated validation for autonomous systems. This strategic move is designed to advance Fortinet's broader Security for AI strategy, specifically targeting the emerging needs of the 'agentic enterprise' where attack...
Morgan Stanley has adjusted its ratings on several cybersecurity stocks ahead of the earnings season. The firm upgraded Fortinet (FTNT) from Underweight to Equal-weight and increased its price target, citing improved hardware demand and positive near-term catalysts despite high valuations. Conversely, Rapid7 (RPD) was downgraded...
California Public Employees Retirement System increased its stake in Fortinet, Inc. (NASDAQ:FTNT) by 9.1% during the first quarter, purchasing an additional 104,047 shares to hold a total of 1,252,611 shares valued at $102.36 million. This represents a 0.17% ownership stake in the software maker. Several...
Fortinet (NASDAQ:FTNT) received a 'Buy' rating upgrade from Wall Street Zen, shifting its previous stance to 'Hold'. This move adds to a mixed analyst landscape where other firms like Citigroup raised price targets while maintaining neutral ratings, and Rosenblatt Securities also upgraded the stock. The...
Fortinet (NASDAQ: FTNT) released its 2026 Global Threat Landscape Report, driven by FortiGuard Labs telemetry from 2025, which details a dramatic escalation in AI-enabled cybercrime. The report indicates that malicious actors are transitioning from isolated campaigns to functioning as semi-autonomous enterprises supported by shadow agents...
Fortinet Inc. (FTNT) stock consolidated near its 52-week high of $172.78, closing at $169.41 on September 18, 2026, after a 1.84% decline. The cybersecurity giant maintains a market capitalization of approximately $124.61 billion as investors weigh the company's rich valuation against growing demand for AI-driven...
Fortinet Inc. (FTNT) shares gained momentum on September 9, 2026, trading near $157.47 following a robust Q2 2026 performance where billings surged 33% year over year and revenue climbed 26%. The company demonstrated exceptional cash conversion capabilities with a free cash flow margin nearing 49%,...
Fortinet, Inc. (NASDAQ: FTNT) shares surged more than 70% in May following the release of strong fiscal Q1 2026 earnings on May 6. The company reported revenue of $1.85 billion, representing a 20% year-over-year increase that significantly exceeded Wall Street's guidance of $1.73 billion. This...
Fortinet (FTNT) shares rose 5.9% on August 27, 2026, driven primarily by a sector-wide cybersecurity rally following strong quarterly results and upbeat outlooks from major peers on August 26. The price movement was reinforced by Fortinet's own positive momentum stemming from its robust second-quarter performance...
Fortinet (NASDAQ:FTNT) reported a quarterly performance that surpassed market expectations, driven by resilient demand for its cybersecurity solutions and improved operational execution. The company's revenue came in ahead of forecasts, while adjusted profitability also exceeded analyst predictions, signaling strong underlying business health despite a competitive...
Fortinet (NASDAQ:FTNT) received a mixed analyst outlook following a downgrade to 'Hold' by Wall Street Zen, though other major firms like BTIG and Rosenblatt maintained or raised their buy ratings and price targets. The consensus average rating is currently 'Hold' with an average target price...
Fortinet (FTNT) shares have surged approximately 90% since March 2026, trading at $155 despite Wall Street price targets averaging $114, implying a 27% downside. The company reported strong Q1 2026 results with product revenue jumping 41% year-over-year to $645 million, driven by AI data center...
