Added to YB: 2024-03-18
Pitch date: 2024-03-18
FTNT [bullish]
Fortinet, Inc.
+22.48%
current return
Author Info
Sleep Well Investments shares deep dives into time-tested businesses with high reinvestment potential. Get their premium stock pitches for 20% off.
Company Info
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide.
Market Cap
$61.7B
Pitch Price
$67.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
26.62
P/E
34.13
EV/Sales
9.10
Sector
Software
Category
growth
Fortinet (FTNT) The Most Sleep Well Investment In Cyber Security
FTNT: Cybersecurity leader with resilient biz. 50% FY22 global firewall appliance market share. Essential network security drives 15%+ growth. Expanding to SASE/SecOps adds 20%+ growth runway. High margins, FCF+, 11% buyback since 2020. Sleep-well pick but PANW is threat.
Read full article (23 min)