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FTNT
Fortinet, Inc.
+1192%
+29.2% per year

Past performance does not guarantee future results. The data presented is indicative and may not be updated in real-time.

Country US
Exchange NASDAQ
Industry Software - Infrastructure
Sector Technology
Market Cap $75.07B
CEO Mr. Ken Xie

Fortinet, Inc. is a company that helps protect businesses from cyber threats, like hackers and viruses. They create tools, both hardware and software, that act like security guards for computers and networks. Some of their main products include firewalls to block unwanted access, secure email systems to keep messages safe, and safe Wi-Fi solutions for connecting devices. Fortinet serves various industries, such as healthcare, finance, and education, ensuring that their customers' information stays secure and private.

Streams of revenue

Service: 41%
Security Subscription: 23%
Product: 19%
Technical Support and Other: 17%

Geographic Distribution

Americas: 87%
Other Americas: 14%

Core Products

🌐
FortiWeb Web app firewall
🛡️
FortiGate Network firewall
💻
FortiClient Endpoint protection
🖥️
FortiManager Network management
📊
FortiAnalyzer Security analytics

Business Type

B2B Business to Business

Competitive Advantages

🚀
Innovative Technology Continuous investment in research and development leads to advanced threat detection and prevention capabilities.
🤝
Strategic Partnerships Collaborations with key industry players enhance product offerings and expand market reach.
🌟
Strong Brand Reputation Established credibility and trust in the cybersecurity space, enhancing customer loyalty and attracting new clients.
🛡️
Comprehensive Product Suite Fortinet offers a wide range of integrated cybersecurity solutions, creating a one-stop-shop for customers' security needs.
⚙️
Scalability and Flexibility Fortinet's solutions can easily scale to meet the needs of businesses of all sizes, making them suitable for diverse industries.

Key Business Risks

⚔️
Market Competition Intense competition from other cybersecurity firms may erode market share and pricing power.
📜
Regulatory Compliance Failure to comply with evolving cybersecurity regulations can result in fines and damage to reputation.
🔒
Cyber Threat Landscape Increasing sophistication of cyber threats poses a constant risk to the effectiveness of Fortinet's solutions.
🚧
Supply Chain Disruptions Disruptions in the supply chain can affect the availability of hardware and software components.
💻
Technological Obsolescence Rapid technological advancements may render current products less effective or obsolete.

Meeting Expectations

10 /10

Higher values indicate better execution and credibility

Recent Results

Beat earnings 2025-02-06
Beat earnings 2024-11-07
Beat earnings 2024-08-06
Beat earnings 2024-05-02
Beat earnings 2024-02-06
Beat earnings 2023-11-02
Beat earnings 2023-08-03
Beat earnings 2023-05-04
Beat earnings 2023-02-07
Beat earnings 2022-11-02

Takeaways

Fortinet has a robust business model with a comprehensive suite of cybersecurity solutions, strong market positioning, and effective management, but faces competitive pressures and evolving industry threats.

Historical data shows an impressive CAGR compared with the USA stock market average, reflecting a strong market position.

Yearly Return 10Y annualized return is excellent at 29.2% per year
Earnings Expectations FTNT has met or exceeded earnings expectations in all recent quarters (10/10)

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