Roth Capital initiated coverage on Fortinet with a new price target
$FTNT
Computer peripheral equipment
Technology
Roth Capital initiated coverage of Fortinet with a rating of Neutral and set a new price target of $103.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/8/2025 | $122.00 → $110.00 | Market Perform | BMO Capital Markets |
| 5/6/2025 | $95.00 | Hold → Sell | DZ Bank |
| 4/23/2025 | $103.00 | Neutral | Roth Capital |
| 4/1/2025 | $108.00 | Equal-Weight | Stephens |
| 3/18/2025 | Overweight | Morgan Stanley | |
| 2/26/2025 | Buy | Deutsche Bank | |
| 2/3/2025 | $105.00 → $112.00 | Outperform → Neutral | Robert W. Baird |
| 1/14/2025 | Outperform → Mkt Perform | Raymond James |
BMO Capital Markets reiterated coverage of Fortinet with a rating of Market Perform and set a new price target of $110.00 from $122.00 previously
DZ Bank downgraded Fortinet from Hold to Sell and set a new price target of $95.00
Roth Capital initiated coverage of Fortinet with a rating of Neutral and set a new price target of $103.00
8-K - Fortinet, Inc. (0001262039) (Filer)
SD - Fortinet, Inc. (0001262039) (Filer)
144 - Fortinet, Inc. (0001262039) (Subject)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
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
SUNNYVALE, Calif., July 01, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Westlands Advisory, a leading OT security industry analysis and strategy firm, has once again named Fortinet as the Overall Leader in the IT/OT Network Protection Platform Navigator 2025 report, earning the top ranking in both strategic direction and capability for IT/OT. Since its inception and for the third time in a row, the latest report from Westlands Advisory highlights Fortinet's extensive OT network security experience, noting that "OT cybersecurity has been a key strategic pillar" fo
SUNNYVALE, Calif., June 30, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has been recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure for the second year in a row. Fortinet believes this recognition reflects the strength of its industry-leading secure LAN edge portfolio, including secure networking solutions such as FortiSwitch and FortiAP. The portfolio is fully integrated with the Fortinet Security Fabric and powered by a single operating system, FortiOS, to deliver converged networking and security.
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
4 - Fortinet, Inc. (0001262039) (Issuer)
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
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
SC 13G/A - Fortinet, Inc. (0001262039) (Subject)
SC 13G/A - Fortinet, Inc. (0001262039) (Subject)
SC 13G/A - Fortinet, Inc. (0001262039) (Subject)