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The forecast for the next five years is also bright, with Fortinet expected to clock an annual earnings growth rate of 15%. ... its stock price could jump to $119 (based on the projected earnings ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Fortinet wasn’t one of them. The 10 stocks that made the cut ...
Fortinet's second-quarter revenue rose 11% year over year, landing at $1.43 billion. Product sales decreased by 4.4% while service revenues jumped 19.8% higher. On the bottom line, adjusted ...
At $157 a share, its stock still looks pretty expensive at 55 times the midpoint of that gloomy forecast. Analysts had previously expected its adjusted EPS to rise 4% in fiscal 2025 and 23% in ...
Fortinet, Inc. is a cybersecurity company with headquarters in Sunnyvale, California. The company develops and sells security solutions like firewalls, endpoint security and intrusion detection systems. Fortinet has offices located all over the world. Brothers Ken Xie and Michael Xie founded Fortinet in 2000.
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Stock market prediction. Stock market prediction is the act of trying to determine the future value of a company stock or other financial instrument traded on an exchange. The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available ...
Fool.com contributor Parkev Tatevosian determines whether Fortinet (NASDAQ: FTNT) stock is a buy at current valuations. *Stock prices used were the afternoon prices of Aug. 9, 2024. The video was ...