Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. The company provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. The company was founded in 2000 and is headquartered in Sunnyvale, California.
IPO Year: 2009
Exchange: NASDAQ
Website: fortinet.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/2/2026 | $85.00 | Sector Outperform → Sector Perform | Scotiabank |
| 1/29/2026 | $100.00 | Neutral → Buy | Rosenblatt |
| 1/23/2026 | $100.00 | Hold → Buy | TD Cowen |
| 12/17/2025 | $75.00 | Neutral → Underweight | Analyst |
| 11/12/2025 | $86.00 | Outperform → Neutral | Daiwa Securities |
| 9/2/2025 | $67.00 | Equal-Weight → Underweight | Morgan Stanley |
| 8/14/2025 | Buy → Hold | Erste Group | |
| 8/8/2025 | $85.00 | Hold → Buy | DZ Bank |
| 8/7/2025 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 8/7/2025 | $90.00 | Overweight → Neutral | Piper Sandler |
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4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
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Issued on behalf of QSE - Quantum Secure Encryption Corp. VANCOUVER, BC, Jan. 29, 2026 /PRNewswire/ -- Equity Insider News Commentary – The global Zero Trust security market is on track to reach $190.27 billion by 2035[1]. Organizations are moving fast to systems that verify every identity instead of just guarding the perimeter. This shift comes as data control rules get tighter in over 100 countries, with new EU laws requiring firms to prove they have full control over their own data and systems[2]. This is forcing companies to find platforms that can protect data and adapt to new threats at the same time. This trend is putting the focus on Quantum Secure Encryption Corp. (QSE) (CSE:QSE) (O
SUNNYVALE, Calif., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Fortinet®, the global cybersecurity leader driving the convergence of networking and security, today announced new enhancements to FortiCNAPP that help organizations better understand and prioritize cloud risk beyond what is possible with many CNAPP solutions today. By correlating cloud configuration, identity exposure, vulnerabilities, network enforcement, data sensitivity, and runtime behavior in a single workflow, FortiCNAPP enables security teams to focus on the risks that matter most. "Cloud security teams aren't struggling because they lack data. They're struggling because growing complexity, limited resources, and skills gaps mak
SUNNYVALE, Calif., Jan. 14, 2026 (GLOBE NEWSWIRE) -- Fortinet®, the global cybersecurity leader driving the convergence of networking and security, today announced its return to the World Economic Forum Annual Meeting in Davos-Klosters, Switzerland, from January 19–23, 2026. Fortinet is a founding member of the forum's Centre for Cybersecurity and a member of the Centre's board. Each year, the forum's Annual Meeting welcomes governments, major international organizations, the forum's partner companies, civil society leaders, young changemakers, and social entrepreneurs to discuss and identify solutions regarding critical global and regional challenges. As part of the forum's Annual Meet
SUNNYVALE, Calif., Jan. 05, 2026 (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 fourth quarter and full year 2025 financial results on Thursday, February 5, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO and CFO's prepared remarks, supplemental slides and a call
SUNNYVALE, Calif., Dec. 17, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced a Secure AI Data Center solution, built in close collaboration with leading technology partner Arista Networks, deployed at Monolithic Power Systems (MPS). This solution unites best-of-breed networking and security to deliver a validated, scalable, zero-trust architecture for the AI data center. "AI infrastructure is advancing faster than most organizations can secure or operationalize it," said Nirav Shah, Senior Vice President of Products and Solutions at Fortinet. "By collaborating with industry leader Arista N
SUNNYVALE, Calif. and SANTA CLARA, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced an integrated solution featuring FortiGate VM, Fortinet's virtual cloud firewall, running directly on the NVIDIA BlueField-3 data processing unit (DPU). This integration embeds networking and brings isolated infrastructure acceleration into the AI Factory, allowing core security functions to run on BlueField instead of the host. By moving protection into the data center infrastructure itself, the solution helps enterprises secure high-performance private cloud and AI environments without s
EATONTOWN, N.J., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Climb, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ:CLMB) announced the launch of their partnership with Fortinet, the global cybersecurity leader driving the convergence of networking and security. This strategic partnership marks a major advancement in Climb's cybersecurity solution stack and a powerful opportunity for its reseller ecosystem. Fortinet's proven, enterprise-grade security solutions—providing deep automation and real-time protection across devices, data, and applications—will now be available to Climb's partners, enabling them to deliver trusted prote
TORONTO, Nov. 25, 2025 /CNW/ - TERAGO Inc. ("TERAGO" or the "Company") (TSX:TGO) (www.terago.ca), Canada's 91% mmWave spectrum holder and a leading provider of Managed Fixed Wireless Internet, 5G Private Wireless Networks and SD-WAN secure solutions, today announced a strategic partnership with Fortinet, Inc. ("Fortinet") (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, as a major network service partner, to deliver enhanced, secure networking services tailored for businesses across Canada. This collaboration marks a significant step forward in setting new standards for secure and efficient business networks in Canada. Fortinet's SD-WAN solu
SUNNYVALE, Calif., Nov. 18, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, and Crime Stoppers International (CSI), the world's only global crime reporting platform, today announced the launch of a global partnership and pioneering Cybercrime Bounty program. The partnership with CSI introduces a collaborative program to allow more expansive action against cybercrime, including converged crime. The initial output of the partnership is the Cybercrime Bounty, an initiative designed to encourage individuals worldwide to safely and anonymously report cybercriminal activity, thereby strengtheni
SUNNYVALE, Calif., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the results of a new Total Economic Impact™ (TEI) study, conducted by Forrester Consulting and commissioned by Fortinet. The study found that organizations deploying Fortinet Secure LAN Edge achieved a 308% return on investment (ROI) with payback in less than six months. The study also found that organizations boosted network operations efficiency by 50%, reduced the risk of breaches from external attacks by 60%, and recouped 70 hours of unplanned downtime over three years by converging wired and wireless netwo
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Scotiabank downgraded Fortinet from Sector Outperform to Sector Perform and set a new price target of $85.00
Rosenblatt upgraded Fortinet from Neutral to Buy and set a new price target of $100.00
TD Cowen upgraded Fortinet from Hold to Buy and set a new price target of $100.00
Analyst downgraded Fortinet from Neutral to Underweight and set a new price target of $75.00
Daiwa Securities downgraded Fortinet from Outperform to Neutral and set a new price target of $86.00
Morgan Stanley downgraded Fortinet from Equal-Weight to Underweight and set a new price target of $67.00
Erste Group downgraded Fortinet from Buy to Hold
DZ Bank upgraded Fortinet from Hold to Buy and set a new price target of $85.00
KeyBanc Capital Markets downgraded Fortinet from Overweight to Sector Weight
Piper Sandler downgraded Fortinet from Overweight to Neutral and set a new price target of $90.00
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4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
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SUNNYVALE, Calif. and DAYTONA BEACH, Fla., Aug. 26, 2025 (GLOBE NEWSWIRE) -- The LPGA Tour and Fortinet, Inc. (NASDAQ:FTNT) today announced a multiyear deal where Fortinet, the global cybersecurity leader driving the convergence of networking and security, will be the title partner of the Founders Cup. The 2026 event will be played March 19-22 with a $3 million purse, up from $2 million in 2025. "We're fired up to welcome Fortinet as the title partner of the Founders Cup and grateful for their commitment to elevating this historic event," said LPGA Commissioner Craig Kessler. "The Founders Cup is about honoring the 13 women who built the LPGA from the ground up, and there's no better stag
SUNNYVALE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the addition of Janet Napolitano to the company's board of directors, adding further national security and public policy expertise to the board. Appointing Janet to the board of directors builds on Fortinet's ongoing commitment to advancing cybersecurity for society at large through its product development principles and strategic partnerships. Janet will help advance Fortinet's public and private sector initiatives, advise on the company's ongoing efforts related to CISA's Secure by Design Pledge, and strengthen
SUNNYVALE, Calif., July 10, 2024 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that KDDI leveraged Fortinet Unified SASE as a new managed secure access service edge (SASE) service. The service from KDDI utilizes Fortinet's industry-leading Unified SASE solution as the core product for its Global SASE Platform Service by Fortinet offering. The Global SASE Platform Service by Fortinet unifies and centrally manages different security policies and standards, simplifying complex networks that require highly secure hybrid work environments from any location globally. In addition, by
SUNNYVALE, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- RSA Conference 2024 Jim Richberg, Head of Cyber Policy and Global Field CISO at Fortinet "At Fortinet, we have a long-standing commitment to being a role model in ethical and responsible product development and vulnerability disclosure. As part of this dedication, Fortinet has proactively aligned to international and industry best practices and upholds the highest security standards in every aspect of our business. We applaud CISA's continued call to the industry to follow suit and appreciate CISA's willingness to collaborate with Fortinet on the development of these important goals. We strongly encourage others in the technology communi
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SUNNYVALE, Calif., Jan. 05, 2026 (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 fourth quarter and full year 2025 financial results on Thursday, February 5, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO and CFO's prepared remarks, supplemental slides and a call
Highlights Revenue grew 14% year over year to $1.72 billion Product revenue grew 18% year over year to $559.3 millionBillings grew 14% year over year to $1.81 billion1Record third quarter GAAP operating margin of 32%Record third quarter Non-GAAP operating margin of 37%1 SUNNYVALE, Calif., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), a global cybersecurity leader driving the convergence of networking and security, today announced financial results for the third quarter ended September 30, 2025. "We are pleased with our excellent third quarter results, driven by our leading innovation and customer-first culture resulting in broad-based demand for our solutions across organiz
SUNNYVALE, Calif., Oct. 02, 2025 (GLOBE NEWSWIRE) -- 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 2025 financial results on Wednesday, November 5, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO and CFO's prepared remarks, supplemental slides and a call replay will be accessible fr
SUNNYVALE, Calif., Aug. 15, 2025 (GLOBE NEWSWIRE) -- News SummaryFortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Ken Xie, Founder, Chairman and Chief Executive Officer, and Christiane Ohlgart, Chief Financial Officer, will participate in a virtual fireside chat hosted by Goldman Sachs on Monday, August 25, 2025 at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time). A live webcast of the conference call will be accessible from the Investor Relations page of Fortinet's website at https://investor.fortinet.com and a replay will be archived and accessible at https://investor.fortinet.com/events-and-presentation
Highlights Revenue grew 14% year over year to $1.63 billion Billings grew 15% year over year to $1.78 billion1Unified SASE ARR up 22% and Security Operations ARR up 35%, year over year2GAAP operating margin of 28%Non-GAAP operating margin of 33%1Raised 2025 full year billings guidance midpoint by $100 million SUNNYVALE, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), a global cybersecurity leader driving the convergence of networking and security, today announced financial results for the second quarter ended June 30, 2025. "Our strong second quarter performance and consistent track record of growth are a direct result of our continued innovation and customer-fi
SUNNYVALE, Calif., July 02, 2025 (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 second quarter 2025 financial results on Wednesday, August 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO and CFO's prepared remarks, supplemental slides and a call replay w
Highlights Total revenue of $1.54 billion, up 14% year over yearProduct revenue of $459 million, up 12% year over yearBillings of $1.60 billion, up 14% year over year1Unified SASE ARR2 up 26% and Security Operations ARR2 up 30%, year over yearRecord first quarter GAAP operating margin of 29%Record first quarter Non-GAAP operating margin of 34%1Record Cash flow from operations of $863 millionRecord Free cash flow of $783 million1 SUNNYVALE, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), a global cybersecurity leader driving the convergence of networking and security, today announced financial results for the first quarter ended March 31, 2025. "We are pleased to report
SUNNYVALE, Calif., April 02, 2025 (GLOBE NEWSWIRE) -- 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 first quarter 2025 financial results on Wednesday, May 7, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO and CFO's prepared remarks, supplemental slides and a call replay will be accessible fr
Fourth Quarter 2024 Highlights Total revenue of $1.66 billion, up 17% year over yearProduct revenue of $574 million, up 18% year over yearBillings of $2.00 billion, up 7% year over year1Record GAAP operating margin of 35% Record Non-GAAP operating margin of 39%1Unified SASE ARR2 up 28% and Security Operations ARR2 up 32%, year over yearRanked #7 on the Forbes Most Trusted Companies in America 2025 list, the only cybersecurity company in the top 50 Full Year 2024 Highlights Total revenue of $5.96 billion, up 12% year over yearService revenue of $4.05 billion, up 20% year over yearRecord GAAP operating margin of 30%Record Non-GAAP operating margin of 35%1Remaining performance obligati
SUNNYVALE, Calif., Jan. 02, 2025 (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 fourth quarter and full year 2024 financial results on Thursday, February 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company's investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO and CFO's prepared remarks, supplemental slides and a call