Fortinet, Inc.
Ticker
FTNT
ISIN
US34959E1091
Price
USD 94.46
Change Today
-3.42 / -3.494 %
Price 1 year ago
50.82 / 85.872 %
Market Capitalization
7,509,555,200.00
52 Week Low
50.42
52 Week High
99.15
200 Day Moving Average
68.84
50-day Moving Average
80.38
Price evolution
Yearly Returns
Peers
Peers
Company information
Summary
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. It 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. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Sector
Technology
Industry
Software—Infrastructure
Country
United States
Exchange
NMS
Earnings Per Share
2.956
P/E Ratio
15.537889
Debt/Equity Ratio
424.057
Beta
1.180928
Ebitda
767,800,000.00
Ebitda Margins
0.21
Enterprise to Ebitda
60.88
Enterprise Value
46,740,017,152.00
Target Price
71.80
Estimated Price
-
Book Value
6.01
Expected Growth
-
Balance sheet
Income statement
Sustainability
Correlation
Company | Name | Correlation |
---|---|---|
STNE | StoneCo Ltd. | -0.60 |
PATH | UiPath, Inc. | -0.58 |
HOOD | Robinhood Markets, Inc. | -0.58 |
MQ | Marqeta, Inc. | -0.57 |
HUBC | Hub Cyber Security Ltd. | -0.54 |
SQ | Block, Inc. | -0.52 |
TOST | Toast, Inc. | -0.52 |
AFRM | Affirm Holdings, Inc. | -0.49 |
PIL.AX | PEPPERMINT FPO | -0.48 |
300085.SZ | SHENZHEN INFOGEM T | -0.45 |
BB | BlackBerry Limited | -0.45 |
ALGEC.PA | GECI INTL | -0.44 |
NET.AX | NETLINKZ FPO | -0.40 |
SEE.L | SEEING MACHINES LIMITED | -0.34 |
PLTR | Palantir Technologies Inc. | -0.29 |
300383.SZ | BEIJING SINNET TEC | -0.20 |
300378.SZ | DIGIWIN SOFTWARE C | -0.06 |
601360.SS | 360 SECURITY TECHN | 0.09 |
CIEL3.SA | CIELO ON NM | 0.21 |
300017.SZ | WANGSU SCIENCE AND | 0.24 |
300369.SZ | NSFOCUS TECHNOLOGI | 0.32 |
300352.SZ | BEIJING VRV SOFTWA | 0.47 |
300377.SZ | SHENZHEN YSSTECH I | 0.57 |
600571.SS | SUNYARD TECHNOLOGY CO LTD | 0.67 |
600602.SS | INESA INTELLIGENT TECH INC | 0.69 |
ORCL | Oracle Corporation | 0.75 |
MSFT | Microsoft Corporation | 0.78 |
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CIEL3.SA | CIELO ON NM | Barueri | Brazil | BRL | SAO | 0.97 | 7.74 | https://www.cielo.com.br | |
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300377.SZ | SHENZHEN YSSTECH I | Shenzhen | China | CNY | SHZ | 0.28 | 177.25 | 4088 | https://www.ysstech.com |
300369.SZ | NSFOCUS TECHNOLOGI | Beijing | China | CNY | SHZ | 0.27 | 54.34 | 4422 | https://nsfocusglobal.com |
HOOD | Robinhood Markets, Inc. | Menlo Park | United States | USD | NMS | 3900 | https://robinhood.com | ||
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KVYO | Klaviyo, Inc. Series A | Boston | United States | USD | NYQ | -2998.84 | 1544 | https://www.klaviyo.com | |
ORCL | Oracle Corporation | Austin | United States | USD | NYQ | 0.84 | 14.36 | 143000 | https://www.oracle.com |
600571.SS | SUNYARD TECHNOLOGY CO LTD | Hangzhou | China | CNY | SHH | 0.40 | -613.67 | https://www.sunyard.com | |
BB | BlackBerry Limited | Waterloo | Canada | USD | NYQ | 1.19 | -34.56 | 3325 | https://www.blackberry.com |
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HUBC | Hub Cyber Security Ltd. | Tel Aviv | Israel | USD | NGM | -7.04 | 548 | https://hubsecurity.com | |
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OKTA | Okta, Inc. | San Francisco | United States | USD | NMS | 1.05 | -20.83 | 3542 | https://www.okta.com |
SPX.AX | SPENDA FPO | North Sydney | Australia | AUD | ASX | 2.95 | -2.38 | https://www.spenda.co | |
INFIBEAM.NS | INFIBEAM AVENUES L | Gandhinagar | India | INR | NSI | 1.57 | 25.17 | https://www.ia.ooo | |
STEM | Stem, Inc. | San Francisco | United States | USD | NYQ | -26.06 | 213 | https://www.stem.com |
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Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.