Latest news with #FTNT
Yahoo
4 days ago
- Business
- Yahoo
Fortinet (FTNT) Launches New AI-Powered Workspace Security Suite and Powerful FortiDLP Upgrades
We recently published a list of . In this article, we are going to take a look at where Fortinet, Inc. (NASDAQ:FTNT) stands against other buzzing AI stocks on latest news and ratings. On June 4th, Fortinet, Inc. (NASDAQ:FTNT) announced a new AI-powered Workspace Security Suite, the FortiMail Workspace Security, along with powerful FortiDLP upgrades, aiming to better protect modern businesses. The new capabilities allow FortiMail to be recognized as one of the broadest and most customizable email security platforms, protecting beyond email to incorporate browser and collaboration security. Together with new features in FortiDLP, Fortinet's next-generation data loss prevention (DLP) and insider risk management solution, users will be able to avail a unified, AI-powered approach to safeguarding users and sensitive data across today's dynamic work environments. A close-up of a user authenticating into a secure network using a two-factor authentication process. By integrating artificial intelligence with integrated email, browser, collaboration, and data security, the company aims to offer better protection for security teams so that they can turn complexity into clarity and threats into easier tasks handled. 'In today's evolving threat landscape, securing user productivity and sensitive data requires a unified strategy that considers both outsider threats and insider risks. Cybercriminals are aiming their efforts right at users and increasingly leveraging tools like FraudGPT, BlackmailerV3, and ElevenLabs to automate the creation of malware, deepfake videos, phishing websites, and synthetic voices—making attacks more scalable, convincing, and difficult to detect. With our expanded AI-powered FortiMail Workspace Security suite and FortiDLP solutions, Fortinet empowers organizations to stay ahead of threat actors and insider risks while ensuring users, data, and productivity remain secure.' Fortinet, Inc. (NASDAQ:FTNT), a cybersecurity company, provides enterprise-level next-generation firewalls and network security solutions, leveraging artificial intelligence across its cybersecurity products. Overall, FTNT ranks 9th on our list of buzzing AI stocks on latest news and ratings. While we acknowledge the potential of FTNT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
4 days ago
- Business
- Yahoo
Fortinet (FTNT) Launches New AI-Powered Workspace Security Suite and Powerful FortiDLP Upgrades
We recently published a list of . In this article, we are going to take a look at where Fortinet, Inc. (NASDAQ:FTNT) stands against other buzzing AI stocks on latest news and ratings. On June 4th, Fortinet, Inc. (NASDAQ:FTNT) announced a new AI-powered Workspace Security Suite, the FortiMail Workspace Security, along with powerful FortiDLP upgrades, aiming to better protect modern businesses. The new capabilities allow FortiMail to be recognized as one of the broadest and most customizable email security platforms, protecting beyond email to incorporate browser and collaboration security. Together with new features in FortiDLP, Fortinet's next-generation data loss prevention (DLP) and insider risk management solution, users will be able to avail a unified, AI-powered approach to safeguarding users and sensitive data across today's dynamic work environments. A close-up of a user authenticating into a secure network using a two-factor authentication process. By integrating artificial intelligence with integrated email, browser, collaboration, and data security, the company aims to offer better protection for security teams so that they can turn complexity into clarity and threats into easier tasks handled. 'In today's evolving threat landscape, securing user productivity and sensitive data requires a unified strategy that considers both outsider threats and insider risks. Cybercriminals are aiming their efforts right at users and increasingly leveraging tools like FraudGPT, BlackmailerV3, and ElevenLabs to automate the creation of malware, deepfake videos, phishing websites, and synthetic voices—making attacks more scalable, convincing, and difficult to detect. With our expanded AI-powered FortiMail Workspace Security suite and FortiDLP solutions, Fortinet empowers organizations to stay ahead of threat actors and insider risks while ensuring users, data, and productivity remain secure.' Fortinet, Inc. (NASDAQ:FTNT), a cybersecurity company, provides enterprise-level next-generation firewalls and network security solutions, leveraging artificial intelligence across its cybersecurity products. Overall, FTNT ranks 9th on our list of buzzing AI stocks on latest news and ratings. While we acknowledge the potential of FTNT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
30-05-2025
- Business
- Yahoo
Here's Why Fortinet (FTNT) is a Strong Growth Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term. For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time. Headquartered in Sunnyvale, CA, Fortinet, Inc. is a provider of network security appliances and Unified Threat Management (UTM) network security solutions to enterprises, service providers and government entities worldwide. FTNT sits at a Zacks Rank #2 (Buy), holds a Growth Style Score of A, and has a VGM Score of B. Earnings and sales are forecasted to increase 4.2% and 13.4% year-over-year, respectively. 14 analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.02 to $2.47 per share. FTNT also boasts an average earnings surprise of 23.8%. Looking at cash flow, Fortinet is expected to report cash flow growth of 31.7% this year; FTNT has generated cash flow growth of 31.8% over the past three to five years. Investors should take the time to consider FTNT for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fortinet, Inc. (FTNT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
29-05-2025
- Business
- Globe and Mail
3 Key Reasons to Buy Fortinet Stock Beyond its 11% Year-to-Date Rise
Fortinet FTNT shares have gained 10.6% in the year-to-date (YTD) period, outperforming the Zacks Computer and Technology sector and the S&P 500 index's decline of 1.7% and 0.4%, respectively. FTNT's outperformance can be attributed to strong execution across key growth areas like SASE, AI-driven security operations and OT security. Record margins, robust free cash flow and rising enterprise adoption have reinforced investor confidence, positioning Fortinet as a resilient, high-growth player in an otherwise cautious tech environment. Fortinet's rally does not tell the whole story. Let's break down three key strengths that reveal why the stock is a compelling investment in 2025. FTNT Outperforms Sector in YTD FTNT's Q1 Shows Profitable Growth in a Tough Market The U.S. tariff landscape continues to evolve, but based on current conditions, there's no material impact expected on FTNT in the near term. Despite broader geopolitical uncertainties, Fortinet is still seeing strong demand for its cybersecurity offerings. The company's pipeline remains healthy, with stable close rates and sales cycles that are well within historical norms. Total revenues in the first quarter of 2025 rose 14% year over year to $1.54 billion. Product revenues reached $459 million, up 12% year over year, supported by double-digit growth in both hardware and software solutions. FortiGate hardware performed particularly well across low-end and high-end models, while time-based software licenses grew more than 30%. Total billings grew 14% year over year to $1.6 billion, with unified SASE and AI-driven SecOps contributing 18% and 29% growth, respectively. Gross margin expanded 380 basis points to 81.9%, and operating margin reached a record 34.2% in the first quarter. Fortinet also added more than 6,300 new customers during the quarter, up 14% from the prior year, signaling continued momentum despite broader market headwinds. FTNT's Unified Approach Gives it a Competitive Edge The cybersecurity market is extremely competitive and characterized by rapid technological change. Among others, Fortinet's competitors include Palo Alto Networks PANW, Cisco Systems CSCO and CrowdStrike CRWD. Shares of Palo Alto Networks, Cisco Systems and CrowdStrike have returned 3.2%, 7% and 37%, respectively, YTD. Palo Alto Networks has partnered with NVIDIA to build AI-driven private 5G security solutions, reflecting its commitment to next-generation technologies. Cisco Systems has also deepened its collaboration with NVIDIA, aiming to deliver AI-ready data center networking solutions, which has been a game changer for the company. Meanwhile, CrowdStrike is seeing strong momentum with its Falcon platform, promoted as an 'AI-native SOC,' with growing adoption of its Charlotte AI for detection, triage, workflows, and response. Fortinet differentiates itself from these competitors with its single, organically developed FortiOS, including its firewall, SD-WAN, secure web gateway, CASB and DLP. This unified design drove 18% growth in SASE billings and 26% in SASE ARR in the first quarter of 2025, with enterprise penetration reaching 11%, up nearly 10% sequentially. FTNT's approach reduces complexity and cost, enabling faster adoption and stronger performance. As demand shifts toward integrated, scalable platforms, Fortinet is gaining ground across secure networking, SASE and AI-driven SecOps. FTNT Strengthens its Lead in AI and Firewall Solutions Fortinet continues to strengthen its long-term position in AI and firewall solutions. The company now holds over 500 issued and pending AI patents, more than any peer, and has integrated AI into a dozen products, including FortiAI Assist and FortiAI Protect. Recently, Fortinet introduced the FortiGate 700G, a high-performance firewall for mid-size enterprises, delivering up to 10x performance gains over competitors via proprietary ASIC technology, while supporting a hybrid mesh firewall architecture through its unified FortiOS platform. This launch enhances Fortinet's competitive positioning in secure networking and is expected to drive further adoption among performance-focused enterprise customers. FTNT's Guidance for Q2 2025 Fortinet expects revenues for the second quarter of 2025 in the range of $1.59 billion to $1.65 billion, which represents growth of 13% at the midpoint. It anticipates non-GAAP earnings per share in the band of 58-60 cents. The Zacks Consensus Estimate for second-quarter 2025 revenues is pegged at $1.62 billion, suggesting 12.96% year-over-year growth. The consensus mark for second-quarter 2025 earnings is pegged at 59 cents per share, which has been revised upward by a penny over the past 30 days, indicating 3.51% year-over-year growth. Fortinet's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 23.83%. Although the company's Price/Book ratio of 40.72X is ahead of the Zacks Security industry average of 23.64X, the premium valuation is justified by Fortinet's strong market position, its fully integrated platform strategy and customer expansion across all its segments, all of which signal long-term growth and sustained competitive advantage. FTNT's Price/Book Ratio Conclusion: Buy FTNT Stock Now Fortinet's YTD gains reflect strong execution and a clear focus on long-term growth. The company is steadily expanding its customer base and delivering consistent results, even in an uncertain macro environment. New product introductions, like the FortiGate 700G, highlight its commitment to performance and innovation. Operating margins remain strong, and free cash flow continues to support its financial stability. While the stock trades at a premium, that pricing aligns with Fortinet's leadership in the cybersecurity space and its growth potential. FTNT currently carries a Zacks Rank #2 (Buy) and has a Growth Score of A, a favorable combination that offers a strong investment opportunity, per the Zacks proprietary methodology. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cisco Systems, Inc. (CSCO): Free Stock Analysis Report Fortinet, Inc. (FTNT): Free Stock Analysis Report Palo Alto Networks, Inc. (PANW): Free Stock Analysis Report CrowdStrike (CRWD): Free Stock Analysis Report
Yahoo
14-05-2025
- Business
- Yahoo
Fortinet (FTNT) is a Top-Ranked Momentum Stock: Should You Buy?
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. Headquartered in Sunnyvale, CA, Fortinet, Inc. is a provider of network security appliances and Unified Threat Management (UTM) network security solutions to enterprises, service providers and government entities worldwide. FTNT sits at a Zacks Rank #2 (Buy), holds a Momentum Style Score of A, and has a VGM Score of B. The stock is down 2% and up 5.9% over the past one-week and four-week period, respectively, and Fortinet has gained 74.5% in the last one-year period as well. Additionally, an average of 4,915,057 shares were traded over the last 20 trading sessions. A company's earnings performance is important for momentum investors as well. For fiscal 2025, 13 analysts revised their earnings estimate higher in the last 60 days for FTNT, while the Zacks Consensus Estimate has increased $0.03 to $2.47 per share. FTNT also boasts an average earnings surprise of 23.8%. FTNT should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fortinet, Inc. (FTNT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
