Fortinet downgraded by Morgan Stanley with a new price target
$FTNT
Computer peripheral equipment
Technology
Morgan Stanley downgraded Fortinet from Overweight to Equal-Weight and set a new price target of $78.00
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| Date | Price Target | Rating | 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 |
| 8/7/2025 | $78.00 | Overweight → Equal-Weight | Morgan Stanley |
| 8/7/2025 | $105.00 | Buy → Hold | TD Cowen |
10-Q - Fortinet, Inc. (0001262039) (Filer)
8-K - Fortinet, Inc. (0001262039) (Filer)
SCHEDULE 13G/A - Fortinet, Inc. (0001262039) (Subject)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
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
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
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
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
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
SC 13G/A - Fortinet, Inc. (0001262039) (Subject)
SC 13G/A - Fortinet, Inc. (0001262039) (Subject)
SC 13G/A - Fortinet, Inc. (0001262039) (Subject)