Company Overview
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Company Information
- CEO
- Ken Xie
- Sector
- Technology
- Industry
- Software - Infrastructure
- Employees
- 14556
Contact Information
- Website
- https://www.fortinet.com
- Address
- 899 Kifer Road
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Technology leader with 57.64B market capitalization
- Trading Volume: 47.34M shares traded today
- Price Range: 52-week range of $67.97 - $114.82
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for Fortinet, Inc.
Fortinet, Inc. (FTNT) operates in the Software - Infrastructure industry within the Technology sector. With a current market capitalization of 57.64B, the company represents a significant player in its market. The stock is currently trading at $75.30 with a negativedaily change of 22.03%.
The company's 14556 employee base and presence on the NASDAQ Global Selectexchange position it as a Technology sector leader. Investors should consider the stock's P/E ratio of 39.63, beta of 1.08, and 52-week price range from $67.97 to $114.82when evaluating investment opportunities.
Why Invest in Fortinet, Inc.?
Strengths
- • Established market presence in Technology
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Ken Xie
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Technology Sector
The Technology sector includes companies that develop and provide technology products and services, including software, hardware, and digital solutions.