FTNT: A Captura Security Co to run for 3-6mo, then reverse.Monitor monthly to begin recycling of buy and sell for long-term.
However, is this company a morale company? Are they a b-Corp? No?
Key facts today
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
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2.00 USD
1.15 B USD
5.30 B USD
632.35 M
About Fortinet, Inc.
Sector
Industry
CEO
Ken Xie
Website
Headquarters
Sunnyvale
Founded
2000
FIGI
BBG000BCMBG4
Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers, government organizations, and small to medium-sized businesses. Its product portfolio includes network security, secure access service edge, enterprise networking, security operations, application security, and operational technology. The company was founded by Ken Xie and Michael Xie in October 2000 and is headquartered in Sunnyvale, CA.
Is the Next Cybersecurity Giant Already Hiding in Plain Sight?At a time when most tech companies are navigating turbulent markets, Fortinet's remarkable Q3 performance tells a story that goes beyond mere numbers. With a 13% revenue surge to $1.51 billion and service revenue climbing 19.1% to $1.03 billion, the company isn't just growing – it's redefining what'
FTNT eyes on $ 77.55: Golden Genesis fib to DIP or to Break?FTNT popped it into a Golden Genesis fib.
This might start a pullback for long entries.
Or we may get a Break-n-Retest entry above.
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FTNT - pullback coming aim to buy at USD60Short-term bearish for the next 2-3 mths as pullback is coming, but long term bullish on FTNT and aim to buy at USD60
FTNT Pulling back with a Nice SetupNASDAQ:FTNT pulling back to confluence of support on top of its previous breakout level and 50 moving average line.
Up down volume and OBV line held up well during this pullback.
Earnings in 2 days to add some spices to the setup.
$FTNT at top of my listWith the market under pressure, this stock is up and very close to all time highs. This shows strength in buying. Some basing pattern or pullback would be nice but this is my top pick to start a position soon.
Fortinet (FTNT) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | Weekly Time Frame
- General
FTNT - A potential setup for a swing tradeRemain vigilant for daily reversal candles occurring near the support area. In the event of a daily closing breach of the support levels (red lines), there is a possibility of further downward movement, emphasizing the importance of implementing risk management strategies.
Fortinet hanging on by a threadFortinet is very close to breaking the neckline of a head and shoulders pattern on the weekly chart. If it breaks below the 0.382 Fibonacci level, it will break down quite heavily. Cybersecurity is a crowded trade and with upcoming earnings of Crowdstrike and Zscaler, if the earnings and outlook com
FTNT potential Buy setupReasons for bullish bias:
- Positive earnings
- Daily and weekly support
- Weekly trendline
- Daily bullish engulfing
- 0.5 Fib level
Here are the recommended trading levels:
Entry Level(CMP): 58.99
Stop Loss Level: 56.48
Take Profit Level 1: 65.06
Take Profit Level 2: Open
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Frequently Asked Questions
The current price of FTNT is 97.19 USD — it has increased by 1.59% in the past 24 hours. Watch Fortinet, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Fortinet, Inc. stocks are traded under the ticker FTNT.
FTNT stock has fallen by −1.96% compared to the previous week, the month change is a 5.54% rise, over the last year Fortinet, Inc. has showed a 68.24% increase.
We've gathered analysts' opinions on Fortinet, Inc. future price: according to them, FTNT price has a max estimate of 115.00 USD and a min estimate of 72.00 USD. Watch FTNT chart and read a more detailed Fortinet, Inc. stock forecast: see what analysts think of Fortinet, Inc. and suggest that you do with its stocks.
FTNT reached its all-time high on Nov 13, 2024 with the price of 100.59 USD, and its all-time low was 1.47 USD and was reached on Jul 13, 2010. View more price dynamics on FTNT chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
FTNT stock is 4.79% volatile and has beta coefficient of 1.20. Track Fortinet, Inc. stock price on the chart and check out the list of the most volatile stocks — is Fortinet, Inc. there?
Today Fortinet, Inc. has the market capitalization of 74.49 B, it has decreased by −0.43% over the last week.
Yes, you can track Fortinet, Inc. financials in yearly and quarterly reports right on TradingView.
Fortinet, Inc. is going to release the next earnings report on Feb 11, 2025. Keep track of upcoming events with our Earnings Calendar.
FTNT earnings for the last quarter are 0.63 USD per share, whereas the estimation was 0.52 USD resulting in a 21.64% surprise. The estimated earnings for the next quarter are 0.61 USD per share. See more details about Fortinet, Inc. earnings.
Fortinet, Inc. revenue for the last quarter amounts to 1.51 B USD, despite the estimated figure of 1.48 B USD. In the next quarter, revenue is expected to reach 1.59 B USD.
FTNT net income for the last quarter is 539.90 M USD, while the quarter before that showed 379.80 M USD of net income which accounts for 42.15% change. Track more Fortinet, Inc. financial stats to get the full picture.
No, FTNT doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Dec 21, 2024, the company has 13.57 K employees. See our rating of the largest employees — is Fortinet, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Fortinet, Inc. EBITDA is 1.73 B USD, and current EBITDA margin is 25.45%. See more stats in Fortinet, Inc. financial statements.
Like other stocks, FTNT shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Fortinet, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Fortinet, Inc. technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Fortinet, Inc. stock shows the buy signal. See more of Fortinet, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.