Fortinet Inc
NASDAQ:FTNT
US |
Fubotv Inc
NYSE:FUBO
|
Media
|
|
US |
Bank of America Corp
NYSE:BAC
|
Banking
|
|
US |
Palantir Technologies Inc
NYSE:PLTR
|
Technology
|
|
US |
Uber Technologies Inc
NYSE:UBER
|
Road & Rail
|
|
CN |
NIO Inc
NYSE:NIO
|
Automobiles
|
|
US |
Fluor Corp
NYSE:FLR
|
Construction
|
|
US |
Jacobs Engineering Group Inc
NYSE:J
|
Professional Services
|
|
US |
TopBuild Corp
NYSE:BLD
|
Consumer products
|
|
US |
Abbott Laboratories
NYSE:ABT
|
Health Care
|
|
US |
Chevron Corp
NYSE:CVX
|
Energy
|
|
US |
Occidental Petroleum Corp
NYSE:OXY
|
Energy
|
|
US |
Matrix Service Co
NASDAQ:MTRX
|
Construction
|
|
US |
Automatic Data Processing Inc
NASDAQ:ADP
|
Technology
|
|
US |
Qualcomm Inc
NASDAQ:QCOM
|
Semiconductors
|
|
US |
PayPal Holdings Inc
NASDAQ:PYPL
|
Technology
|
|
US |
Ambarella Inc
NASDAQ:AMBA
|
Semiconductors
|
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
52 Week Range |
49.52
82.87
|
Price Target |
|
We'll email you a reminder when the closing price reaches USD.
Choose the stock you wish to monitor with a price alert.
Fubotv Inc
NYSE:FUBO
|
US | |
Bank of America Corp
NYSE:BAC
|
US | |
Palantir Technologies Inc
NYSE:PLTR
|
US | |
Uber Technologies Inc
NYSE:UBER
|
US | |
NIO Inc
NYSE:NIO
|
CN | |
Fluor Corp
NYSE:FLR
|
US | |
Jacobs Engineering Group Inc
NYSE:J
|
US | |
TopBuild Corp
NYSE:BLD
|
US | |
Abbott Laboratories
NYSE:ABT
|
US | |
Chevron Corp
NYSE:CVX
|
US | |
Occidental Petroleum Corp
NYSE:OXY
|
US | |
Matrix Service Co
NASDAQ:MTRX
|
US | |
Automatic Data Processing Inc
NASDAQ:ADP
|
US | |
Qualcomm Inc
NASDAQ:QCOM
|
US | |
PayPal Holdings Inc
NASDAQ:PYPL
|
US | |
Ambarella Inc
NASDAQ:AMBA
|
US |
This alert will be permanently deleted.
Intrinsic Value
The intrinsic value of one FTNT stock under the Base Case scenario is hidden USD. Compared to the current market price of 78.74 USD, Fortinet Inc is hidden .
The Intrinsic Value is calculated as the average of DCF and Relative values:
Valuation Backtest
Fortinet Inc
Uncover deeper insights with the Valuation Backtest. Learn how current stock valuations stack up against historical averages to gauge true investment potential.
Start backtest now and learn if your stock is truly undervalued or overvalued!
Stock is trading at its lowest valuation over the past 5 years.
To access the results of this valuation backtest, please register an account with us. Registration is quick and gives you instant access to insights on 3 stocks per week for free.
The backtest for FTNT cannot be conducted due to limitations such as insufficient data or other constraints. Please select a different stock or adjust your settings.
Fundamental Analysis
Sign up to unlock intrinsic valuation and risk & rewards analysis.
Select up to 3 indicators:
Select up to 3 indicators:
Months
Months
Months
Months
Select up to 2 periods:
Fortinet Inc. is a leading cybersecurity company that has carved out a significant niche in protecting digital assets from evolving threats. Founded in 2000 by brothers Ken and Michael Xie, Fortinet's innovative approach combines high-performance hardware and software solutions to deliver comprehensive security services for enterprises of all sizes. The company’s flagship product, FortiGate, is a next-generation firewall that seamlessly integrates intrusion prevention, VPN, and antivirus capabilities. With the rise of remote work and an increasingly interconnected world, Fortinet's solutions have become essential for businesses looking to safeguard sensitive data against cybercriminals who e...
Revenue & Expenses Breakdown
Fortinet Inc
Balance Sheet Decomposition
Fortinet Inc
Current Assets | 4.9B |
Cash & Short-Term Investments | 3.3B |
Receivables | 1.1B |
Other Current Assets | 496.6m |
Non-Current Assets | 3.1B |
PP&E | 1.2B |
Intangibles | 158.1m |
Other Non-Current Assets | 1.7B |
Current Liabilities | 3.7B |
Accounts Payable | 132.1m |
Accrued Liabilities | 617.9m |
Other Current Liabilities | 3B |
Non-Current Liabilities | 4B |
Long-Term Debt | 993.3m |
Other Non-Current Liabilities | 3B |
Earnings Waterfall
Fortinet Inc
Revenue
|
5.5B
USD
|
Cost of Revenue
|
-1.2B
USD
|
Gross Profit
|
4.3B
USD
|
Operating Expenses
|
-2.9B
USD
|
Operating Income
|
1.4B
USD
|
Other Expenses
|
-129.5m
USD
|
Net Income
|
1.3B
USD
|
Free Cash Flow Analysis
Fortinet Inc
USD | |
Free Cash Flow | USD |
In Q2 2024, Fortinet saw impressive growth, achieving record operating margins of 35.1%, up by 820 basis points. Revenue grew 11% to $1.434 billion, driven by a 20% rise in service revenue. Notably, the Unified SASE accounted for 23% of total billings, showing solid performance. Guidance for the third quarter projects billings of $1.530 to $1.600 billion and revenue of $1.445 to $1.505 billion. Full-year 2024 guidance estimates revenue between $5.800 and $5.900 billion, with operating margins projected at 30% to 31.5%. Significant wins included deals with an international government agency and a large utility company, each emphasizing Fortinet's robust security solutions.
What is Earnings Call?
FTNT Profitability Score
Profitability Due Diligence
Fortinet Inc's profitability score is hidden . The higher the profitability score, the more profitable the company is.
Score
Fortinet Inc's profitability score is hidden . The higher the profitability score, the more profitable the company is.
FTNT Solvency Score
Solvency Due Diligence
Fortinet Inc's solvency score is hidden . The higher the solvency score, the more solvent the company is.
Score
Fortinet Inc's solvency score is hidden . The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
FTNT Price Targets Summary
Fortinet Inc
According to Wall Street analysts, the average 1-year price target for FTNT is 77.3 USD with a low forecast of 62.62 USD and a high forecast of 110.25 USD.
Dividends
Current shareholder yield for FTNT is hidden .
Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?
Ownership
FTNT Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
---|---|---|---|
3 Months |
|
|
|
6 Months |
|
|
|
9 Months |
|
|
|
12 Months |
|
|
|
Profile
Country
Industry
Market Cap
Dividend Yield
Description
Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers and small businesses. The company is headquartered in Sunnyvale, California and currently employs 10,195 full-time employees. The company went IPO on 2009-11-18. The firm provides cyber security solutions to a variety of organizations, including enterprises, communication service providers, government organizations and small businesses. Its network security appliances are managed by its FortiOS network operating system. Its Cloud Security portfolio also includes securing applications, including email and Web. Its cloud security offerings are available for deployment in public and private cloud environments, including Amazon Web Services, Microsoft Azure, Google Cloud, Oracle Cloud, Alibaba Cloud, IBM Cloud and VMWare Cloud. The company also offers managed intrusion prevention system and Web application firewall rules delivered by FortiGuard Labs as an overlay service to native security offerings offered by Amazon Web Services. Its public and private cloud security solutions, including virtual appliances and hosted solutions, cover the capabilities of the Fortinet Security Fabric platform.
Contact
IPO
Employees
Officers
The intrinsic value of one FTNT stock under the Base Case scenario is hidden USD.
Compared to the current market price of 78.74 USD, Fortinet Inc is hidden .