What are the products and services of Fortinet?
Its products include unified threat management appliances, firewalls, network security, and its security platform, Security Fabric. Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2019, products were 37% of revenue and services were 63% of sal
What is Fortinet Security Fabric?
Together with it network of Fabric-Ready Partners, the Fortinet Security Fabric platform enables disparate security devices to work together as an integrated, automated and collaborative solution.
What percentage of FortiGuard revenue is from services?
Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2019, products were 37% of revenue and services were 63% of sal es. The California-based company sells products worldwide, with the Americas representing 43% of sales in 2019.
Is Ftnt stock a buy?
The consensus among 14 Wall Street analysts covering (NASDAQ: FTNT) stock is to Strong Buy FTNT stock.
Why is Fortinet dropping?
Fortinet's stock tumbled after it suspended its Russian operations. It generates less than 3% of its revenue from Russia. Fortinet can probably make up that lost revenue from other markets.
Is Fortinet publicly traded?
Fortinet's common stock is traded on the Nasdaq Global Market under the symbol "FTNT."
Is fortinet a buy Zacks?
How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return2Buy18.15%3Hold9.70%4Sell5.35%5Strong Sell2.45%2 more rows
Is Fortinet overvalued?
Considering this, Fortinet is overvalued since its fair value is $241 while it is currently trading at $280. The high multiples have affected the consideration of such a high margin of safety.
Will FTNT stock go up?
Fortinet Inc (NASDAQ:FTNT) The 22 analysts offering 12-month price forecasts for Fortinet Inc have a median target of 70.80, with a high estimate of 85.00 and a low estimate of 60.00. The median estimate represents a +22.06% increase from the last price of 58.01.
Is Fortinet a Chinese company?
Fortinet is an American multinational corporation headquartered in Sunnyvale, California. The company develops and sells cybersecurity solutions, such as physical firewalls, antivirus software, intrusion prevention systems, and endpoint security components. Fortinet, Inc. U.S.
Is Fortinet a Fortune 500 company?
Fortinet has been listed in the inaugural Fortune Future 50 list, a new ranking of elite companies best positioned for breakout growth.
Who is Fortinet owned by?
Ken XieKen Xie. A cybersecurity expert and successful entrepreneur, Ken Xie is Founder, Chairman and CEO of Fortinet, the global cybersecurity leader.
Is fortinet a buy or sell?
Based on this, we derive a target share price of $420, with an IRR of 17%. This is based on healthy growth in cash flows over the coming period. Our assessment suggests that Fortinet is overvalued today but if held during the growth ahead, a strong return is expected for investors.
Is Crwd a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return2Buy18.15%3Hold9.70%4Sell5.35%5Strong Sell2.45%2 more rows
What is a VGM Score?
We also produce the VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual Style Scores into one score. This is perfectly suited for those who want their stocks to have the best scores across the board. Value Score A. Growth Score A.
Is Fortinet stock a Buy, Sell or Hold?
Fortinet stock has received a consensus rating of buy. The average rating score is and is based on 38 buy ratings, 33 hold ratings, and 3 sell rati...
What was the 52-week low for Fortinet stock?
The low in the last 52 weeks of Fortinet stock was 223.80. According to the current price, Fortinet is 136.65% away from the 52-week low.
What was the 52-week high for Fortinet stock?
The high in the last 52 weeks of Fortinet stock was 370.57. According to the current price, Fortinet is 82.53% away from the 52-week high.
What are analysts forecasts for Fortinet stock?
The 74 analysts offering price forecasts for Fortinet have a median target of 252.78, with a high estimate of 400.00 and a low estimate of 102.00....
Where is Fortinet located?
Who is the founder of Fortinet?
Fortinet is an American multinational corporation headquartered in Sunnyvale, California. It develops and sells cybersecurity solutions, including but not limited to physical products such as firewalls, plus software and services such as anti-virus protection, intrusion prevention systems and endpoint security components.
What is Fortinet security?
Fortinet was founded in 2000 by brothers Ken Xie and Michael Xie. The company's first and main product was FortiGate, a physical firewall. The company later added wireless access points, sandboxing, and messaging security. By 2004, Fortinet had raised over $90 million in funding.
What time do you trade in the pre market?
Fortinet is a cybersecurity vendor that sells products, support, and services to small and midsize businesses, enterprises, and government entities. Its products include unified threat management appliances, firewalls, network security, and its security platform, Security Fabric. Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2019, products were 37% of revenue and services were 63% of sal
Nasdaq Global Select
Investors may trade in the Pre-Market (4:00-9:30 a.m. ET) and the After Hours Market (4:00-8:00 p.m. ET). Participation from Market Makers and ECNs is strictly voluntary and as a result, these sessions may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment.
Environmental, Social, and Governance Rating
Fortinet Inc is provider of network security solutions that are designed to address the fundamental problems of an increasingly bandwidth-intensive network environment and a more sophisticated information technology threat landscape.
Business Summary
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
Where is Fortinet located?
Fortinet Inc is provider of network security solutions that are designed to address the fundamental problems of an increasingly bandwidth-intensive network environment and a more sophisticated information technology threat landscape.
Is ZacksTrade a separate company?
Headquartered in Sunnyvale, CA , Fortinet, Inc. is a provider of network security appliances and Unified Threat Management (UTM) network security solutions to enterprises, service providers and government entities worldwide.
