Can Fortinet's Large Enterprise Deals Drive Long-Term Revenue Growth?
FTNT's $1M+ enterprise deals rise over 50% year over year, reshaping growth with recurring revenues and multi-product adoption.
| Ticker |
FTNT
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| CIK | 0001262039 |
| SIC | 3577 |
| Sector | Manufacturing |
| Industry Category | Computer Hardware |
| Industry Group | Computer & Office Equipment |
| Address | 909 KIFER ROAD, SUNNYVALE, CA, 94086 |
| Website | fortinet.com |
| Phone | 408-235-7700 |
| CEO | Ken Xie |
| Employees | 12,600 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Can Fortinet's Large Enterprise Deals Drive Long-Term Revenue Growth?FTNT's $1M+ enterprise deals rise over 50% year over year, reshaping growth with recurring revenues and multi-product adoption. PANW's SASE ARR Hits $1.3B: Is Prisma Browser the Key Driver?Palo Alto Networks' SASE ARR surges 35% to $1.3B, fueled by rapid Prisma Browser adoption. Palo Alto Networks Rises 16% in a Month: Time to Hold or Book Profits?PANW shares jumped 16% in a month on AI-driven security momentum, but slowing sales growth and premium valuation cloud the outlook. Fortinet (FTNT) Valuation in Focus After Morgan Stanley Downgrade and Cautious Revenue GuidanceFortinet (FTNT) investors had a lot to process after Morgan Stanley downgraded the cybersecurity company to Sell, despite Fortinet having just posted earnings that topped expectations. The investment bank's rationale centered on concerns that the company’s long-running firewall refresh cycle is winding down, which could mean less room for the kind of growth shareholders have come to expect. The downgrade, paired with cautious third-quarter revenue guidance, created a new set of questions for... Fortinet (FTNT) Downgraded as Firewall Refresh Falls Short of ExpectationsFortinet, Inc. (NASDAQ:FTNT) is one of the AI Stocks Analysts Are Backing Right Now. On September 2, Morgan Stanley analyst Meta Marshall downgraded the stock from Equalweight to Underweight with a price target of $67.00 (from $78.00). According to the firm, Fortinet’s consensus estimates for FY26/27 would likely come under pressure as the company may not […] |