Fortinet FTNT, a leading cybersecurity firm, has seen its stock surge an impressive 30.3% year to date, outpacing the Zacks Computer and Technology sector’s return of 20.2% and many of its tech sector ...
Shares of Fortinet Inc. fell more than 16% in late trading today after the cybersecurity company posted reasonable second-quarter results but issued cautious guidance, raising investor concerns about ...
Fortinet remains a Buy for me—recurring revenue, strong cash flow, and expanding cloud/AI offerings outweigh short-term volatility and cautious guidance. Profitability and margins are industry-leading ...