The Latest Breaking News from FTNT

Fortinet (NASDAQ:FTNT) has outperformed the market over the past 10 years by 17.96% on an annualized basis producing an average annual return of 30.26%. Currently, Fortinet has a market capitalization of $46.90 billion.

Growing investments in cybersecurity solutions to protect the increasingly digitalized infrastructure of businesses from cyberattacks have casued the industry to thrive over the past couple of years. Despite losing momentum lately due to the tech sell-offs, the industry’s solid growth prospects should allow prominent players in this space, Fortinet (FTNT)…

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Fortinet Inc (NASDAQ: FTNT) shares are trading higher in Wednesday's after-hours session after the 

Fortinet stock rose as March-quarter earnings, revenue and billings topped analyst estimates while profit guidance came in below expectations.

Fortinet (NASDAQ:FTNT) has outperformed the market over the past 10 years by 15.61% on an annualized basis producing an average annual return of 27.65%. Currently, Fortinet has a market capitalization of $45.88 billion.

Someone with a lot of money to spend has taken a bearish stance on Fortinet (NASDAQ:FTNT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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Growing concerns over large-scale data breaches and cyberattacks have propelled cybersecurity stocks higher since the onset of the pandemic. The speculated cyberattacks from Russia because of the increasing sanctions on the nation further boosted the demand for cybersecurity solutions. Therefore, prominent cybersecurity stocks Check Point Software (CHKP) and Fortinet (FTNT)…

Fortinet is the IBD Stock of the Day as the cybersecurity software company nears a buy point and FTNT stock has formed a handle.

With earnings due May 4, cybersecurity leader Fortinet is looking to secure a breakout after joining the IBD Long-Term Leaders list.