Fortinet: An Undervalued Cybersecurity Stock Worth Owning
Fortinet(FTNT) MarketBeat·2024-07-02 19:12
Fortinet TodayFTNTFortinet$59.85 -0.42 (-0.70%) 52-Week Range$44.12▼$81.24P/E Ratio39.12Price Target$70.03Add to WatchlistLeading cybersecurity provider Fortinet Inc. NASDAQ: FTNT stock has been lagging behind its peers and the benchmark indexes, trading up just 3.8% year-to-date (YTD). The company offers security-as-a-service (SaaS) through the cloud, primarily billing through a subscription model. The end of its growth normalization cycle may be near. Fortinet has over 650,000 customers, including Alibaba ...