Which of these resilient cybersecurity specialists is the better buy right now?Zscaler (ZS 0.73%) and Fortinet (FTNT 2.43%) are both leading cybersecurity companies, but they operate very different business models. Zscaler specializes in "zero trust" services, which treat everyone -- including a business's CEO -- as a potential threat. Instead of installing cumbersome appliances, it provides all of its tools as cloud-native services, which are stickier and easier to scale as a company grows.Fortinet is an o ...

Fortinet (FTNT) has announced the latest version of its FortiOS operating system, alongside significant enhancements to its cybersecurity platform, the Fortinet Security Fabric.FortiOS 7.6 brings a myriad of enhancements aimed at empowering customers to mitigate risk, reduce complexity and enhance user experience across their entire network. These enhancements span various critical areas, including Secure SD-WAN, secure access service edge (SASE), zero-trust network access (ZTNA), automation, provisioning, ...

SUNNYVALE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its first quarter 2024 financial results on Thursday, May 2, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.fortinet.com. ...

The use of artificial intelligence (AI) systems in the cybersecurity industry is growing at a nice clip. Last year, AI-focused cybersecurity spending stood at an estimated $24 billion, but this figure is expected to be nearly $134 billion in 2030, according to a forecast by Statista.As such, now would be a good time for investors to buy shares of cybersecurity companies that are aggressively integrating AI tools into their platforms. Fortinet (FTNT 1.55%) is one such company, leveraging AI to drive stronger ...

Fortinet (FTNT) closed the latest trading day at $67.55, indicating a +1.24% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.63%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.82%.The the stock of network security company has fallen by 2.57% in the past month, lagging the Computer and Technology sector's gain of 1.16% and the S&P 500's gain of 1.76%.The upcoming earnings release of Fortin ...

Fortinet Inc (NASDAQ:FTNT) stock is up 2% at $68.06 at last check, as it trades within one standard deviation of its 50-day moving average, a historically bullish trendline that has provided tailwinds in the past. The shares already boast a 16% lead for 2024, and could soon make another run at a ceiling at the $74 level.  Per Schaeffer's Senior Quantitative Analyst Rocky White's data, the security saw at least two similar signals in the last three years, defined for this study as having traded north of this ...

According to Statista, the cybersecurity industry was worth just shy of $300 billion in 2022 and is projected to approach $540 billion by the decade's end. This underlines how serious corporations have become about protecting themselves and their data against hackers and malicious actors.It's an opportunity no long-term investor should skip past. The companies providing next-generation security solutions could grow for years to come.Palo Alto Networks (PANW -1.88%), SentinelOne (S -5.15%), and Fortinet (FTN ...

SUNNYVALE, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- John Maddison, Chief Marketing Officer at Fortinet"The industry is finally realizing that networking and security need to be converged. Traditional networking products try and bolt security on top; Fortinet builds secure WLAN/LAN products with security built in from the ground up. Even with thin edge applications, we've integrated our cloud-based security, FortiSASE, to drive seamless, secure connectivity. Further, we are heavily investing in AIOps to r ...

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Windstream Enterprise (WE), a leading IT managed services provider, today unveiled Secure Flex Premium, a comprehensive suite of advanced technology solutions powered by Fortinet® (NASDAQ: FTNT) that provides a fully customizable cybersecurity infrastructure aimed to address the current and future network security needs of each unique customer. Through a bespoke technology package built upon one’s existing on-premises, hybrid or cloud environment, Secure Flex Premium prov ...

It has been about a month since the last earnings report for Fortinet (FTNT) . Shares have added about 1.8% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Fortinet due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Fortinet Q4 Earnings Beat Estimates, Sales Rise Y/Y ...