Fortinet, Inc. (FTNT)
Fortinet, Inc. (FTNT) is a cybersecurity company that provides broad, integrated, and high-performance security solutions to protect networks, data, and users. Founded in 2000, it is known for its network security appliances and software, including firewalls, antivirus, intrusion prevention, and secure access solutions. Fortinet serves a wide range of industries, including government, service providers, and enterprise organizations.
Company News
Arctic Wolf's 2025 Security Operations Report highlights increasing cybersecurity challenges, with 51% of security alerts occurring outside business hours and attackers exploiting identity and timing vulnerabilities across multiple industries.
Five stocks in the S&P 500 experienced significant drops in August following their quarterly financial results, including companies from adtech, cryptocurrency, and cybersecurity sectors. Each stock fell for unique reasons, with performance ranging from 19% to 37% declines.
As quantum computing threatens cybersecurity, companies are developing quantum-resistant technologies to protect digital infrastructure, with projections showing significant market growth in post-quantum cryptography and cybersecurity solutions.
Two major cybersecurity stocks, Fortinet and Palo Alto Networks, are showing potential breakout signals after periods of consolidation, with upcoming earnings and potential M&A activity driving investor interest.
Fortinet has been selected by KDDI to provide its Unified SASE solution as the core product for KDDI's new Global SASE Platform Service. This partnership will help KDDI offer various cloud and Internet services to secure applications, networks, and users globally.
