Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

NASDAQ:FTNT

Fortinet Inc (FTNT)

144.51
-0.22 (0.15%)
as of Jun 18, 2026, 10:47:17 pm Market Open.
5 watching
0
BUY
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.
BUY
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.
COMMENT
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)
BUY
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.
TOP PICK
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)
COMMENT
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.
PAST TOP PICK
(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.
COMMENT

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 16 to 23 of 23 entries