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Fortinet (FTNT)

(Real Time Quote from BATS)

$82.33 USD

82.33
428,194

-0.54 (-0.65%)

Updated Oct 14, 2024 10:38 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value B Growth C Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 31% (78 out of 250)

Industry: Internet - Software

Better trading starts here.

Zacks News

KLA's (KLAC) Earnings and Revenues Beat Estimates in Q1

KLA's (KLAC) fiscal Q1 results reflect gains from increased customer demand across major product groups. Also, strong performance of the Patterning systems business remains a tailwind.

Teradyne (TER) Q3 Earnings Top Estimates, Revenues Fall Y/Y

Teradyne's (TER) third-quarter 2022 results reflect the impact of declining Test and Industrial Automation revenues.

Lattice (LSCC) to Report Q3 Earnings: What's in the Offing?

Lattice Semiconductor's (LSCC) Q3 results are likely to reflect gains from the rising adoption of Nexus and Avant platforms. Yet, softness in the consumer electronics end market might have been a woe.

What's in Store for NXP Semiconductors' (NXPI) Q3 Earnings?

NXP Semiconductors' (NXPI) Q3 results are likely to reflect gains from robust products, strong customer demand and growing design wins. However, supply-chain disturbances might have been a bane.

SONY Gears Up to Report Q2 Earnings: Here's What to Expect

SONY's Q2 top line is likely to have benefited from sales growth in the Music and Pictures segments. However, supply chain woes and weak global macroeconomic conditions are likely to have acted as dampeners.

Fortinet (FTNT) Earnings Expected to Grow: Should You Buy?

Fortinet (FTNT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Fortinet (FTNT) Outpaces Stock Market Gains: What You Should Know

Fortinet (FTNT) closed the most recent trading day at $55.92, moving +1.86% from the previous trading session.

Carrier (CARR) to Report Q3 Earnings: What's in the Cards?

Carrier Global's (CARR) Q3 results are likely to reflect growing momentum across the core, aftermarket and digital offerings. However, supply-chain disturbances might have remained a headwind.

KLA (KLAC) to Report Q1 Earnings: What's in the Offing?

KLA's (KLAC) fiscal Q1 results are likely to reflect gains from strong customer demand in each of its major product groups. Yet, supply-chain constraints might have persisted.

What's in the Offing for Check Point (CHKP) in Q3 Earnings?

Check Point's (CHKP) Q3 performance is likely to have benefited from the increased demand for network security solutions amid the growing hybrid working trend.

Garmin (GRMN) to Report Q3 Earnings: What's in the Cards?

Garmin's (GRMN) Q322 results are likely to reflect strength across the marine, aviation and outdoor segments. However, sluggishness in the fitness and automotive segments might have been a concern.

What's in the Offing for Tyler (TYL) This Earnings Season?

Delays in procurement processes and lengthening sales cycles amid ongoing macroeconomic uncertainties are likely to have hurt Tyler's (TYL) revenues in the third quarter of 2022.

Teradyne (TER) to Report Q3 Earnings: What's in the Cards?

Teradyne (TER) is likely to have benefited from strong momentum in the automotive and industrial end markets during Q3. However, the ongoing geopolitical tensions might have hurt its performance.

MaxLinear (MXL) to Report Q3 Earnings: What's in the Cards?

MaxLinear's (MXL) Q322 results are likely to reflect solid demand across its robust product portfolio. However, the ongoing geopolitical tensions are likely to have hurt its performance.

What's in the Offing for Texas Instruments (TXN) Q3 Earnings?

Texas Instruments' (TXN) third-quarter 2022 results are likely to reflect solid momentum across Analog and Embedded processing segments amid supply-chain woes.

Logitech (LOGI) to Report Q2 Earnings: What's in Store?

The declining demand for PCs is likely to have hurt Logitech's (LOGI) peripheral sales in the second quarter of fiscal 2023.

What's in the Offing for NCR Corporation (NCR) in Q3 Earnings?

NCR Corporation's (NCR) Q3 performance is likely to have benefited from the strong demand for its software and service solutions across the banking, retail and hospitality industries.

Fortinet (FTNT) Gains As Market Dips: What You Should Know

Fortinet (FTNT) closed the most recent trading day at $51.79, moving +0.45% from the previous trading session.

Does Fortinet (FTNT) Have the Potential to Rally 37% as Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 37.4% in Fortinet (FTNT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Fortinet (FTNT) Upgrades Single-Vendor FortiSASE Solution

Fortinet's (FTNT) latest upgrade to the FortiSASE solution comprises enhanced support for secure private access and secure SaaS access use cases, offering advanced solutions to remote users.

The Zacks Analyst Blog Highlights Splunk, Fortinet, Palo Alto Networks and Mettler-Toledo

Splunk, Fortinet, Palo Alto Networks and Mettler-Toledo are included in this Analyst Blog.

The Zacks Analyst Blog Highlights The Southern Company, Valero Energy and Fortinet

The Southern Company, Valero Energy and Fortinet are included in this Analyst Blog.

John Blank headshot

Entering Q3 Earnings Season: Global Week Ahead

Third-quarter U.S. earnings season heats up as companies report results in the throes of a difficult operating environment given a strengthening dollar and surging inflation.

Anirudha Bhagat headshot

4 Oversold Growth Tech Stocks to Buy Before They Rebound

Investors may consider adding oversold tech stocks like SPLK, FTNT, PANW and MTD to their portfolio amid the current stock market uncertainties and gain from their upside potential once the broader market rebounds.

Best Growth Stocks to Buy for October 17th

JBL, LW and FTNT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 17, 2022.