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 global ICS security market is projected to grow from USD 22.26 billion in 2025 to USD 41.82 billion by 2033 at a CAGR of 8.21%, driven by escalating cyberattacks on critical infrastructure and increased IT-OT convergence. The U.S. market specifically is expected to expand from USD 5.39 billion to USD 9.93 billion over the same period. Identit...
Broadcom shares fell 5.40% after Chinese regulators instructed domestic companies to phase out cybersecurity software from U.S. and Israeli firms, including Broadcom-owned VMware, Palo Alto Networks, Fortinet, and Check Point Software, citing national security concerns over potential data collection.
The global endpoint security market is expected to grow from USD 21.90 billion in 2025 to USD 65.04 billion by 2035 at a CAGR of 11.5%, driven by escalating cyber threats (161 billion annually), workforce shortages, and enterprise adoption of AI-driven autonomous platforms and unified XDR solutions. Software solutions dominate with over 60% marke...
The global quantum-safe SD-WAN market is experiencing rapid growth, expanding from $1.0 billion in 2024 to $1.28 billion in 2025, with projections reaching $3.44 billion by 2029 at a 28% CAGR. Growth is driven by increasing demand for secure networking solutions, quantum-resistant encryption adoption, cloud infrastructure expansion, and zero-trus...
CrowdStrike demonstrates strong operational fundamentals with 22% revenue growth, 23% ARR growth, and accelerating net-new ARR of 265 million dollars (73% YoY increase). However, the stock trades at premium valuations (23x FY26 revenue, 18.8x FY27 revenue) roughly double peer multiples, leaving little room for error. While the company benefits fr...
