Fortinet, Inc.
FTNTFortinet, 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
The 2026 SANS Institute survey reveals rapid AI adoption in cybersecurity (50% to 78% in one year), but governance and workforce structures have not kept pace. While 78% of organizations report AI-enabled attacks and red teaming adoption jumped to 61%, 63% of practitioners report significant AI shortcomings in threat detection. The report highlig...
Fortinet announced it will hold a conference call on July 29, 2026, at 1:30 p.m. Pacific Time to discuss its second quarter 2026 financial results. The call will be broadcast live on the company's investor relations website, with prepared remarks, supplemental slides, and a replay available afterward.
Cloudflare's underperformance relative to competitors CrowdStrike and Fortinet is justified due to persistent profitability concerns. Despite solid 34% revenue growth and a strong customer base, the company posted a net operating loss of $62 million in Q1. Trading at over 33x sales with decelerating guidance and no GAAP profitability outlook, Clo...
Fortinet has surged 74% since April, driven by accelerating revenue growth (20% YoY in Q1) and strong tailwinds from AI infrastructure expansion. The cybersecurity company is benefiting from growing attack surfaces created by AI adoption, partnerships with AI leaders, and its unique custom security chips. With over $700 billion expected in big te...
Rising AI-enabled cyberattacks are driving unprecedented demand for cybersecurity solutions. The global cybersecurity market is projected to grow from $272 billion in 2025 to $663 billion by 2033 (11.9% CAGR). The Amplify Cybersecurity ETF (HACK) has surged 49% since February 2026, benefiting from increased enterprise security spending as organiz...
