Fortinet, Inc. Stock News

Fortinet named a Leader in the 2024 Gartner Magic Quadrant for SD-WAN for the fifth year in a row Fortinet named a Leader in the 2024 Gartner Magic Quadrant for SD-WAN for the fifth year in a row

SUNNYVALE, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its third quarter 2024 financial results on Thursday, November 7, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

KIRKLAND, Quebec, Oct. 01, 2024 (GLOBE NEWSWIRE) --  Laurentide Controls, a leader in the industrial automation, reliability and digitization sector in Eastern Canada, is proud to announce a strategic partnership with Fortinet, the global cybersecurity leader driving the convergence of networking and security. The aim of this partnership is to provide leading-edge security solutions to protect ...

Cybersecurity is in high demand as companies become more reliant on technology. Palo Alto Networks and Fortinet are investing in artificial intelligence for the next generation of online security.

This cybersecurity stock has been in a buy zone for seven weeks. The company ranks first in its industry group.

SUNNYVALE, Calif., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has been named a winner in the prestigious 2024 SC Awards. Fortinet has been recognized in the Best Professional Certification Program category, for its Network Security Expert (NSE) Certification Program, which pl...

Fortinet's second quarter 2024 earnings showed reaccelerating revenue growth and significant margin expansion, leading to a 25% stock price increase. The company's strategy of combining traditional networking with cloud security may be perfect for the hybrid computing era. Industry analysts consider it one of the best cybersecurity companies.

I maintain my buy rating on Fortinet after I called the bottom before 2Q24 earnings. I believe that when the refresh cycle comes around in 2025 and firewall growth recovery takes off, Fortinet will be better positioned for outperformance. Fortinet's acquisitions of Lacework and Next DLP should also expand market share and drive top-line growth, particularly in the GGNAT and DLP markets, for FY25.