Fortinet Reports Fourth Quarter and Full Year 2021 Financial Results

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Fortinet (FTNT) PT Raised to $365 at BMO Capital

February 4, 2022 6:48 AM EST

BMO Capital analyst Keith Bachman raised the price target on Fortinet (NASDAQ: FTNT) to $365.00 (from $353.00) while maintaining a Market Perform rating.

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Fortinet (FTNT) Tops Q4 EPS by 8c, FY22 Guidance Tops Consensus

February 3, 2022 4:17 PM EST

Fortinet (NASDAQ: FTNT) reported Q4 EPS of $1.23, $0.08 better than the analyst estimate of $1.15. Revenue for the quarter came in at $963.6 million versus the consensus estimate of $960.46 million.

GUIDANCE:

Fortinet sees Q1 2022 EPS of $0.75-$0.80, versus the consensus of $0.93. Fortinet sees... More