Fortinet, Inc.

FTNT

US34959E1091

Software

Market Closed - Nasdaq Other stock markets 04:00:00 2024-07-12 pm EDT			5-day change	1st Jan Change
59.55 ^USD	+1.29%		-2.52%	+1.74%

Jul. 11	Barclays Adjusts Price Target on Fortinet to $70 From $75, Maintains Equalweight Rating	MT
Jul. 11	Capital One Securities Adjusts Fortinet's Price Target to $63 From $65, Keeps Equalweight Rating	MT

Fortinet Inc. acquired XDN, Inc. from Storm Ventures LLC, Canaan Partners, and others for $0.5 million.

January 08, 2013 at 11:00 pm EST

Fortinet Inc. (NasdaqGS:FTNT) acquired XDN, Inc. from Storm Ventures LLC, Canaan Partners, and others for $0.5 million on December 7, 2012.

Fortinet Inc. (NasdaqGS:FTNT) completed the acquisition of XDN, Inc. from Storm Ventures LLC, Canaan Partners, and others on December 7, 2012.

Latest news about Fortinet, Inc.

Barclays Adjusts Price Target on Fortinet to $70 From $75, Maintains Equalweight Rating	Jul. 11	MT
Capital One Securities Adjusts Fortinet's Price Target to $63 From $65, Keeps Equalweight Rating	Jul. 11	MT
KDDI Selects Fortinet for New Global Managed SASE Service	Jul. 10	CI
Fortinet, Inc.(NasdaqGS:FTNT) added to Russell Top 200 Value Index	Jun. 30	CI
Fortinet, Inc.(NasdaqGS:FTNT) added to Russell 3000 Value Index	Jun. 30	CI
Fortinet, Inc.(NasdaqGS:FTNT) added to Russell 1000 Value Index	Jun. 30	CI
Fortinet, Inc.(NasdaqGS:FTNT) added to Russell 3000E Value Index	Jun. 30	CI
Cloud Computing Adoption Spurs Cybersecurity Risks, Driving Growth for Cloud-Native Application Protection Platform Market, BofA Says	Jun. 26	MT
Fortinet Insider Sold Shares Worth $2,903,577, According to a Recent SEC Filing	Jun. 13	MT
Fortinet Agrees to Acquire Cloud Security Firm Lacework	Jun. 10	MT
Fortinet, Inc. signed a definitive agreement to acquire Lacework, Inc.	Jun. 09	CI
Fortinet Insider Sold Shares Worth $3,428,621, According to a Recent SEC Filing	Jun. 06	MT
Transcript : Fortinet, Inc. Presents at BofA Securities 2024 Global Technology Conference, Jun-05-2024 10:40 AM	Jun. 05
Nvidia Isn't the Only Way to Play AI	May. 31	MT
Nvidia Isn't the Only Way to Play AI	May. 31	MT
Fortinet Picked by FC Barcelona as Cybersecurity Partner for Future Camp Nou	May. 23	MT
FC Barcelona Selects Fortinet as Its Official Cybersecurity Partner for the Future Spotify Camp Nou	May. 23	CI
Transcript : Fortinet, Inc. Presents at The 52nd J.P. Morgan Annual Global Technology, Media & Communications Conference, May-21-2024 10:50 AM	May. 21
The latest transactions by star managers	May. 21
Fortinet Insider Sold Shares Worth $2,932,562, According to a Recent SEC Filing	May. 16	MT
Daiwa Securities Adjusts Fortinet Price Target to $67 From $75	May. 07	MT
Susquehanna Adjusts Price Target on Fortinet to $65 From $80	May. 06	MT
UBS Adjusts Price Target on Fortinet to $69 From $76, Maintains Neutral Rating	May. 03	MT
Goldman Sachs Adjusts Price Target on Fortinet to $77 From $85	May. 03	MT
Truist Lowers Fortinet's Price Target to $70 From $80 After Mixed Q1 Results, Keeps Buy Rating	May. 03	MT

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Company Profile

Fortinet, Inc. specializes in the creation, development and marketing of integrated cybersecurity software and equipment for the protection of networks and information systems infrastructures as well as for the protection of company and government data. Net sales break down by revenue source into sales of services (59.7%) and products (40.3%). Net sales are distributed geographically as follows: the United States (30%), Americas (10.4%), Europe/Middle East/Africa (38.3%) and Asia/Pacific (21.3%).

Sector

Software

Calendar

2024-08-06 - Q2 2024 Earnings Release

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S&P 500

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Ratings for Fortinet, Inc.

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

59.55 USD

Average target price

71.43 USD

Spread / Average Target

+19.94%

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Company calendar

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Security Software

Fortinet, Inc.

Equities

FTNT

US34959E1091

Software

Fortinet Inc. acquired XDN, Inc. from Storm Ventures LLC, Canaan Partners, and others for $0.5 million.

EPS Revisions