Amidst market fluctuations, both investment and management firms appear engaged with Fortinet, Inc. (FTNT). Multiple companies such as Caxton Associates, Empowered Funds, UniSuper Management, and Jones Financial Companies, among others, have increased their holdings or established new positions in FTNT. However, there have been concerns over the company's growth story, with analysts downgrades and legal scrutiny being cited. Despite investor skepticism, several management firms and institutions such as Geneos Wealth Management, Intech Investment Management, and Gotham Asset Management continued to buy shares, signalling that several industry players remain bullish on FTNT. High-profile market commentator, Jim Cramer, however, described FTNT as one of the 'weakest' cybersecurity stocks.
Share buyback programs, enterprise deals and international revenues may potentially drive Fortinet's long-term revenue growth. However, the company faced a downgrade when firewall refresh fell short of expectations. The potential existence of a securities fraud has urged investors who suffered significant losses to contact certain law firms. Nonetheless, Fortinet’s Q2 results are said to have exceeded guidance with impressive billings and operating margins.
Fortinet FTNT News Analytics from Sat, 09 Aug 2025 07:00:00 GMT to Sun, 14 Sep 2025 00:41:46 GMT - Rating -3 - Innovation 7 - Information 8 - Rumor -6
