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 DDoS protection market is projected to grow from USD 5.84 billion in 2025 to USD 17.15 billion by 2033, driven by increasing cyberattack complexity and the expansion of internet-connected devices across various industries.
Fortinet reported strong Q3 results with 14% sales growth and earnings beating estimates, but investors reacted negatively to lower-than-expected Q4 sales guidance, causing the stock to drop.
The article analyzes three top cybersecurity stocks - CrowdStrike, Palo Alto Networks, and Fortinet - highlighting their potential for growth in the evolving AI and cloud security landscape, with CrowdStrike emerging as the most promising investment.
Goldman Sachs predicts potential stock gains when interest rates fall, highlighting companies with high floating rate debt that could benefit from lower borrowing costs, with an optimistic S&P 500 target of 7,200.
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.
