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Fortinet (FTNT)

(Delayed Data from NSDQ)

$59.59 USD

59.59
3,902,865

-0.69 (-1.14%)

Updated Jul 10, 2024 04:00 PM ET

After-Market: $59.53 -0.06 (-0.10%) 7:58 PM 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

Zacks Rank Education - Learn about the Zacks Rank

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3-Hold of 5     3    

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value A Growth A Momentum A 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 36% (90 out of 250)

Industry: Internet - Software

Better trading starts here.

Zacks News

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Invest in 5 Internet Software Stocks for Sparkling Returns

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Shopify's (SHOP) Q2 Earnings to Gain From Strong Merchant Base

Shopify's (SHOP) second-quarter 2023 performance is expected to have benefited from an expanding merchant base.

Fortinet (FTNT) to Report Q2 Earnings: What's in the Offing?

Fortinet's (FTNT) second-quarter 2023 earnings are likely to have been aided by the strong adoption of Security Fabric, cloud and SD-WAN offerings.

ServiceNow (NOW) Q2 Earnings Beat Estimates, Revenues Up Y/Y

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Meta Platforms' (META) Q2 Earnings Beat, Revenues Up Y/Y

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Plexus (PLXS) Surpasses Q3 Earnings Estimates

Plexus (PLXS) delivered earnings and revenue surprises of 14.78% and 0.37%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Amphenol's (APH) Q2 Earnings Beat Estimates, Revenues Down Y/Y

Amphenol's (APH) Q2 results reflect sluggish IT datacom, mobile networks and mobile devices end markets, which hurt top-line growth.

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3 Internet Software Stocks to Buy From a Prospering Industry

The Zacks Internet software industry participants like Meta (META), Fortinet (FTNT) and Palo Alto Networks (PANW) are benefiting from high demand for SaaS due to the increasing need for remote working, learning and diagnosis software, as well as cybersecurity applications.

F5 (FFIV) Q3 Earnings Show Positive Signs in Software Demand

F5's (FFIV) whopping 32% sequential increase in third-quarter Software revenues is mainly driven by the acceleration in BIG-IP and NGINX subscription software deals.

Logitech (LOGI) Q1 Earnings Hurt by Soft PC Peripheral Demand

While the softened demand hurts Logitech's (LOGI) Q1 top line, lower revenues, along with an unfavorable product mix and foreign exchange pressure, weigh on the bottom line.

Will Higher Ad Revenues Aid Meta Platforms (META) Q2 Earnings?

Meta Platforms' (META) second-quarter 2023 results are expected to reflect the benefits of improving advertising business.

Is Angi (ANGI) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how Angi (ANGI) and Fortinet (FTNT) have performed compared to their sector so far this year.

F5 (FFIV) Soars 11% on Q3 Earnings Beat, Impressive Guidance

F5's (FFIV) robust Q3 earnings growth reflects the benefits of higher revenues, price realization and easing supply-chain constraints and related costs.

Soft Product Demand to Hurt Logitech's (LOGI) Q1 Earnings

Logitech's (LOGI) Q1 results are likely to be negatively impacted by soft IT spending, which is hurting the demand for its PC peripheral products, including keyboards, PC webcams, video collaboration and pointing devices.

Recovery in Systems Category to Aid F5 (FFIV) Q3 Earnings

Recovery in the Systems product category, driven by rapid backlog clearance, is likely to have aided F5's (FFIV) overall performance in the third quarter of fiscal 2023.

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

Fortinet (FTNT) closed the most recent trading day at $78.69, moving -1.93% from the previous trading session.

Synopsys (SNPS) Up 45% YTD: Will the Rally Extend Further?

Synopsys' (SNPS) stock is likely to sustain the upward momentum, driven by a robust product portfolio and the growing demand for advanced technology, design, IP and security solutions.

Ribbon (RBBN) Expands Clientele With InfiniVAN Addition

Ribbon (RBBN) is expanding its clientele with the addition of InfiniVAN, which selected its IP Wave solutions.

Fortinet (FTNT) Surges 64% YTD: Will the Momentum Continue?

Fortinet (FTNT) rides high on the increasing adoption of its networking and security platforms amid the growing hybrid working trend.

Here's How Much a $1000 Investment in Fortinet Made 10 Years Ago Would Be Worth Today

Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.

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

In the latest trading session, Fortinet (FTNT) closed at $78.25, marking a +1.99% move from the previous day.

Fortinet, Inc. (FTNT) Is a Trending Stock: Facts to Know Before Betting on It

Fortinet (FTNT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.