3 Internet Software Stocks to Buy From a Prospering Industry [Yahoo! Finance]
Fortinet, Inc. (FTNT)
Last fortinet, inc. earnings: 2/6 04:05 pm
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US:NASDAQ Investor Relations:
investor.fortinet.com
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Source: Yahoo! Finance
The high demand for Software as a Service or SaaS-based solutions due to the increasing need for remote working, learning and diagnosis software has been a major driver for industry players. The growing demand for solutions that support hybrid operating environments is a key catalyst. The increasing deployment of AI and generative AI is driving prospects. The growing proliferation of Augmented and Virtual Reality devices is noteworthy. Increasingly sophisticated cyber-attacks are driving cybersecurity application demand. Fortinet FTNT, Zoom Communications ZM and Twilio TWLO are benefiting from these trends. However, heightened geopolitical risks, persistent inflation and high interest rates are major headwinds. Industry Description The Zacks Internet Software industry comprises companies offering application performance monitoring, infrastructure and application software, DevOps deployment and Security software. Industry participants offer online payment solutions, asset optimizat
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News
- TitanHQ Achieves Outstanding Results in Latest Virus Bulletin Email Security Test, Outperforming All Competitors [Yahoo! Finance]Yahoo! Finance
- Fortinet (FTNT) Rises As Market Takes a Dip: Key Facts [Yahoo! Finance]Yahoo! Finance
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Jefferies Financial Group Inc. from $95.00 to $105.00. They now have a "hold" rating on the stock.MarketBeat
- Okta, Fortinet, C3.ai in focus as KeyBanc switches ratings [Seeking Alpha]Seeking Alpha
- Fortinet, Inc. (NASDAQ: FTNT) was upgraded by analysts at KeyCorp from a "sector weight" rating to an "overweight" rating. They now have a $115.00 price target on the stock.MarketBeat
FTNT
Earnings
- 11/7/24 - Beat
FTNT
Sec Filings
- 12/19/24 - Form 4
- 12/18/24 - Form 144
- 12/17/24 - Form 144
- FTNT's page on the SEC website