Fortinet (NASDAQ:FTNT), a leading cybersecurity provider, has garnered significant investor attention. The company's stock has seen a 10.5% gain in the past six months, thanks to the booming cybersecurity market. It has outperformed other computer and technology peers and achieved a dual leadership position in both SASE and SD-WAN markets as per Gartner reports. However, despite the market gains, Fortinet’s stock has witnessed some dips. Still, it continues to present itself as a strong growth stock and has received a 'buy' rating by Morgan Stanley, setting its price target at $110.
FortiGate continues to be a core driver of product growth and the overall company’s growth. Moving to cloud security, Fortinet launched the powerful
FortiCNAPP on AWS, which promotes strategic momentum amid the volatile market. The company is set to announce its
Q2 2025 earnings on August 6, holding positive expectations due to its robust financials. Moreover, Fortinet’s
AIT-driven cybersecurity growth in H2 2025 looks promising, pitting it as a prime pick alongside Palo Alto and CrowdStrike. The continued institutional interest in the company, with a 70% institutional ownership, further adds to its credibility and potential for future growth.
Fortinet FTNT News Analytics from Fri, 22 Nov 2024 08:00:00 GMT to Sat, 19 Jul 2025 14:57:35 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor 4
