The Underdog Breaks Through: Maintaining Fortinet With A Buy [Seeking Alpha]
Fortinet, Inc. (FTNT)
Last fortinet, inc. earnings: 2/6 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.fortinet.com
Company Research
Source: Seeking Alpha
Summary Fortinet's stock dipped post-earnings due to reduced guidance but rebounded as it beat revenue and EPS consensus, showing resilience and investor confidence. I maintain a buy rating on FTNT, driven by AI-driven SecOps, product revenue rebound, and easing macro headwinds, and I expect continued high double-digit growth into 2025. I herein share my positive sentiment on Fortinet stock and why I see green shoots into 2025. mihneasim/iStock via Getty Images Fortinet ( NASDAQ: FTNT ) reported 3Q24 earnings, and the stock dipped 5% in early post-market trading on Thursday as the company cut its full-year billings guidance to $6.43 billion- $6.53 billion, below the prior range of $6.4 billion- $6.6 billion. The market disgusted the bad news quickly, and the This article was written by The Techie Follower s Follow I'm a retired Wall Street PM specializing in TMT; my educational background is a bachelor's in Finance and Economics, and an MBA from Columbia, after wh
Show less
Read more
Impact Snapshot
Event Time:
FTNT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FTNT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FTNT alerts
High impacting Fortinet, Inc. news events
Weekly update
A roundup of the hottest topics
FTNT
News
- What Makes Fortinet (FTNT) a Strong Momentum Stock: Buy Now? [Yahoo! Finance]Yahoo! Finance
- Pentera Labs Researchers Discover Zero-Day CVE in Fortinet's FortiClient VPN Service [Yahoo! Finance]Yahoo! Finance
- Fortinet (FTNT) is an Incredible Growth Stock: 3 Reasons Why [Yahoo! Finance]Yahoo! Finance
- Anteriad Grows Global Customer Base with Over 100 New Clients Across Key Markets [Yahoo! Finance]Yahoo! Finance
- Looking for Computer and Technology Stocks? The Zacks Rank Can Help You Find Winners [Yahoo! Finance]Yahoo! Finance
FTNT
Earnings
- 11/7/24 - Beat
FTNT
Sec Filings
- 11/14/24 - Form 4
- 11/13/24 - Form 144
- 11/12/24 - Form 144
- FTNT's page on the SEC website