Fortinet Stock: Analyst Estimates & Ratings

Sunnyvale, California-based Fortinet, Inc. (FTNT) is a cybersecurity company that provides a broad range of security solutions, including next-generation firewalls, endpoint protection, intrusion prevention, and cloud security. Valued at a market cap of $64.5 billion, the company is known for its strong presence in network security and growing focus on cloud and software-based services. 

This cybersecurity company has lagged behind the broader market over the past 52 weeks. Shares of Fortinet have gained 6.9% over this time frame, while the broader S&P 500 Index ($SPX) has soared 17.4%. Moreover, on a YTD basis, the stock is down 10.9%, compared to SPX’s 16% surge.