Fortinet (FTNT) PT Lowered to $78 at Evercore ISI
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Fortinet Reports Second Quarter 2025 Financial Results
August 6, 2025 4:05 PM EDTHighlights
Revenue grew 14% year over year to $1.63 billion Billings grew 15% year over year to $1.78 billion1Unified SASE ARR up 22% and Security Operations ARR up 35%, year over year2GAAP operating margin of 28%Non-GAAP operating margin of 33%1Raised 2025 full year billings guidance midpoint by $100 millionSUNNYVALE, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Fortinet® (Nasdaq: FTNT), a global... More
Fortinet Expands FortiCloud with Identity, Secure Storage, and Communication Services to Power the Modern Enterprise
August 6, 2025 9:00 AM EDTNew services enhance identity management, secure file storage and recovery, and communication, advancing the Fortinet Security Fabric and global cloud network vision
SUNNYVALE, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) --
News Summary
Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced a major expansion of FortiCloud, its global cloud infrastructure. The latest release... More
