Palo Alto vs. Fortinet The cybersecurity business is growing 9% annually. Palo is moving towards a higher-margin subscription business, which translates into 25% earnings growth each year. A concern though is that Palo became profitable only in the last quarter. So, he prefers Fortinet which has been profitable since 2016.

Unlock the latest expert's opinion. Its free

Create a FREE account to see the latest opinions & get alerts about when to buy, sell or hold stocks

Unlock the latest opinion & get signals
Today, an analyst overweight call with a target of $76 They re-affirmed their guidance to grow 20% over 5 years, and have huge free cash flow while margins are 36%. It's in a really important industry, cybersecurity, and is relatively cheap though none in this space is cheap.
Cybersecurity space has been the place to be this year. Integrated, automated cybersecurity around the world. Lots of competition. See his Top Picks. (Analysts’ price target is $69.75)
It trades at 12x price to sales which is reasonable. They projects their billings by 2025 to reach $10 billion while the street sees $8.5 billion. It's in a rapidly growing space.
Need to scale in to. A favourite in cybersecurity. Broad and integrated cybersecurity solutions. Global. Hardware and software licenses. Market's moved down, but this one hasn't come off a lot. 12-month target of $345. Average analyst target of $415. Buy some here around $270, but leave room to buy rest at $250 and 225. No dividend. (Analysts’ price target is $357.00)
Among the 10 top performers on the S&P of 2021 #4, up 142%. This did well because of cybersecurity demand. It's not cheap at 72c earnings. He prefers Crowstrike, Cloudflare or Palo Alto. Also, Fortinet isn't that proprietary and he doesn't expect them to repeat 2021's performance.
(A Top Pick Jun 21/21, Up 53%) Look at their upcoming earnings report closely; see if they maintain revenue growth and grab more market share in cybersecurity. After a fantastic run, the valuation is getting a little rich. Don't buy it here. Wait and see about earnings. If those disappoint, take some profits.

He owns a little bit of FTNT still. A cyber security company that has been aggressive on the sales and marketing side. However, in this space he would prefer CYBR.

Showing 1 to 8 of 8 entries
  • «
  • 1
  • »

Fortinet Inc(FTNT-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Fortinet Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Fortinet Inc(FTNT-Q) Frequently Asked Questions

What is Fortinet Inc stock symbol?

Fortinet Inc is a American stock, trading under the symbol FTNT-Q on the NASDAQ (FTNT). It is usually referred to as NASDAQ:FTNT or FTNT-Q

Is Fortinet Inc a buy or a sell?

In the last year, 4 stock analysts published opinions about FTNT-Q. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Fortinet Inc.

Is Fortinet Inc a good investment or a top pick?

Fortinet Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Fortinet Inc.

Why is Fortinet Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Fortinet Inc worth watching?

4 stock analysts on Stockchase covered Fortinet Inc In the last year. It is a trending stock that is worth watching.

What is Fortinet Inc stock price?

On 2022-12-02, Fortinet Inc (FTNT-Q) stock closed at a price of $53.58.