C
Fortinet, Inc.
FTNT
$63.40
-$0.63-0.98%
C
Hold
2/9/2024Upgraded
Fortinet, Inc. (FTNT) was upgraded to C+ from C on 2/9/2024 due to an increase in the total return index.
Fortinet, Inc. (FTNT) was upgraded to C+ from C on 2/9/2024 due to an increase in the total return index.
C
Hold
12/6/2023Downgrade
Fortinet, Inc. (FTNT) was downgraded to C from C+ on 12/6/2023 due to a noticeable decline in the solvency index, total return index and volatility index. Debt to equity increased from 3.09 to 13.38, and the quick ratio declined from 1.25 to 1.15.
Fortinet, Inc. (FTNT) was downgraded to C from C+ on 12/6/2023 due to a noticeable decline in the solvency index, total return index and volatility index. Debt to equity increased from 3.09 to 13.38, and the quick ratio declined from 1.25 to 1.15.
C
Hold
10/26/2023Downgrade
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 10/26/2023 due to a noticeable decline in the total return index and volatility index.
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 10/26/2023 due to a noticeable decline in the total return index and volatility index.
B
Buy
8/8/2023Downgrade
Fortinet, Inc. (FTNT) was downgraded to B- from B on 8/8/2023 due to a large decline in the total return index, growth index and volatility index. Operating cash flow declined 23.97% from $677.5M to $515.1M.
Fortinet, Inc. (FTNT) was downgraded to B- from B on 8/8/2023 due to a large decline in the total return index, growth index and volatility index. Operating cash flow declined 23.97% from $677.5M to $515.1M.
B
Buy
8/2/2023Upgraded
Fortinet, Inc. (FTNT) was upgraded to B from B- on 8/2/2023 due to an increase in the growth index and volatility index.
Fortinet, Inc. (FTNT) was upgraded to B from B- on 8/2/2023 due to an increase in the growth index and volatility index.
B
Buy
6/26/2023Downgrade
Fortinet, Inc. (FTNT) was downgraded to B- from B on 6/26/2023 due to a decline in the valuation index and total return index.
Fortinet, Inc. (FTNT) was downgraded to B- from B on 6/26/2023 due to a decline in the valuation index and total return index.
B
Buy
5/31/2023Upgraded
Fortinet, Inc. (FTNT) was upgraded to B from B- on 5/31/2023 due to a noticeable increase in the total return index and volatility index.
Fortinet, Inc. (FTNT) was upgraded to B from B- on 5/31/2023 due to a noticeable increase in the total return index and volatility index.
B
Buy
5/16/2023Downgrade
Fortinet, Inc. (FTNT) was downgraded to B- from B on 5/16/2023 due to a large decline in the valuation index and growth index. EBIT declined 23.64% from $356.6M to $272.3M, earnings per share declined from $0.3928 to $0.31, and total revenue declined 1.61% from $1.28B to $1.26B.
Fortinet, Inc. (FTNT) was downgraded to B- from B on 5/16/2023 due to a large decline in the valuation index and growth index. EBIT declined 23.64% from $356.6M to $272.3M, earnings per share declined from $0.3928 to $0.31, and total revenue declined 1.61% from $1.28B to $1.26B.
B
Buy
5/10/2023Upgraded
Fortinet, Inc. (FTNT) was upgraded to B from B- on 5/10/2023 due to a noticeable increase in the total return index and volatility index.
Fortinet, Inc. (FTNT) was upgraded to B from B- on 5/10/2023 due to a noticeable increase in the total return index and volatility index.
B
Buy
3/8/2023Upgraded
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 3/8/2023 due to a noticeable increase in the valuation index, solvency index and growth index. Debt to equity declined from -1.56 to -3.63, earnings per share increased from $0.29 to $0.3928, and EBIT increased 34.87% from $264.4M to $356.6M.
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 3/8/2023 due to a noticeable increase in the valuation index, solvency index and growth index. Debt to equity declined from -1.56 to -3.63, earnings per share increased from $0.29 to $0.3928, and EBIT increased 34.87% from $264.4M to $356.6M.
C
Hold
11/2/2022Downgrade
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 11/2/2022 due to a decline in the valuation index, volatility index and total return index.
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 11/2/2022 due to a decline in the valuation index, volatility index and total return index.
B
Buy
10/18/2022Upgraded
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 10/18/2022 due to an increase in the total return index and valuation index.
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 10/18/2022 due to an increase in the total return index and valuation index.
C
Hold
9/22/2022Downgrade
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 9/22/2022 due to a decline in the total return index and volatility index.
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 9/22/2022 due to a decline in the total return index and volatility index.
B
Buy
8/8/2022Upgraded
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 8/8/2022 due to a large increase in the valuation index and total return index.
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 8/8/2022 due to a large increase in the valuation index and total return index.
C
Hold
3/21/2022Downgrade
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 3/21/2022 due to a large decline in the total return index and volatility index.
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 3/21/2022 due to a large decline in the total return index and volatility index.
B
Buy
3/4/2022Upgraded
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 3/4/2022 due to a noticeable increase in the total return index, growth index and valuation index. EBIT increased 29.28% from $165.3M to $213.7M, earnings per share increased from $0.97 to $1.1907, and total revenue increased 11.12% from $867.2M to $963.6M.
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 3/4/2022 due to a noticeable increase in the total return index, growth index and valuation index. EBIT increased 29.28% from $165.3M to $213.7M, earnings per share increased from $0.97 to $1.1907, and total revenue increased 11.12% from $867.2M to $963.6M.
C
Hold
1/19/2022Downgrade
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 1/19/2022 due to a noticeable decline in the total return index.
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 1/19/2022 due to a noticeable decline in the total return index.
B
Buy
1/14/2022Downgrade
Fortinet, Inc. (FTNT) was downgraded to B- from B on 1/14/2022 due to a large decline in the total return index, growth index and valuation index. Operating cash flow declined 4.64% from $418.2M to $398.8M.
Fortinet, Inc. (FTNT) was downgraded to B- from B on 1/14/2022 due to a large decline in the total return index, growth index and valuation index. Operating cash flow declined 4.64% from $418.2M to $398.8M.
B
Buy
8/4/2021Upgraded
Fortinet, Inc. (FTNT) was upgraded to B from B- on 8/4/2021 due to a noticeable increase in the growth index, total return index and solvency index. Operating cash flow increased 32.38% from $315.9M to $418.2M, earnings per share increased from $0.64 to $0.82, and EBIT increased 21.41% from $120.5M to $146.3M.
Fortinet, Inc. (FTNT) was upgraded to B from B- on 8/4/2021 due to a noticeable increase in the growth index, total return index and solvency index. Operating cash flow increased 32.38% from $315.9M to $418.2M, earnings per share increased from $0.64 to $0.82, and EBIT increased 21.41% from $120.5M to $146.3M.
B
Buy
8/2/2021Downgrade
Fortinet, Inc. (FTNT) was downgraded to B- from B on 8/2/2021 due to a noticeable decline in the valuation index and growth index. EBIT declined 28.36% from $168.2M to $120.5M, earnings per share declined from $0.8831 to $0.64, and total revenue declined 5.04% from $748M to $710.3M.
Fortinet, Inc. (FTNT) was downgraded to B- from B on 8/2/2021 due to a noticeable decline in the valuation index and growth index. EBIT declined 28.36% from $168.2M to $120.5M, earnings per share declined from $0.8831 to $0.64, and total revenue declined 5.04% from $748M to $710.3M.
B
Buy
3/12/2021Upgraded
Fortinet, Inc. (FTNT) was upgraded to B from B- on 3/12/2021 due to a large increase in the total return index.
Fortinet, Inc. (FTNT) was upgraded to B from B- on 3/12/2021 due to a large increase in the total return index.
B
Buy
2/25/2021Downgrade
Fortinet, Inc. (FTNT) was downgraded to B- from B on 2/25/2021 due to a large decline in the total return index and solvency index.
Fortinet, Inc. (FTNT) was downgraded to B- from B on 2/25/2021 due to a large decline in the total return index and solvency index.
B
Buy
2/8/2021Upgraded
Fortinet, Inc. (FTNT) was upgraded to B from B- on 2/8/2021 due to a substantial increase in the total return index and solvency index. Debt to equity declined from 0.03 to 0.02, and the quick ratio increased from 1.26 to 1.34.
Fortinet, Inc. (FTNT) was upgraded to B from B- on 2/8/2021 due to a substantial increase in the total return index and solvency index. Debt to equity declined from 0.03 to 0.02, and the quick ratio increased from 1.26 to 1.34.
B
Buy
9/8/2020Downgrade
Fortinet, Inc. (FTNT) was downgraded to B- from B on 9/8/2020 due to a substantial decline in the total return index.
Fortinet, Inc. (FTNT) was downgraded to B- from B on 9/8/2020 due to a substantial decline in the total return index.
B
Buy
8/7/2020Upgraded
Fortinet, Inc. (FTNT) was upgraded to B from B- on 8/7/2020 due to a noticeable increase in the total return index, growth index and valuation index. EBIT increased 46.14% from $79.1M to $115.6M, earnings per share increased from $0.6 to $0.68, and total revenue increased 6.69% from $576.9M to $615.5M.
Fortinet, Inc. (FTNT) was upgraded to B from B- on 8/7/2020 due to a noticeable increase in the total return index, growth index and valuation index. EBIT increased 46.14% from $79.1M to $115.6M, earnings per share increased from $0.6 to $0.68, and total revenue increased 6.69% from $576.9M to $615.5M.
B
Buy
6/5/2020Upgraded
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 6/5/2020 due to a major increase in the total return index and volatility index.
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 6/5/2020 due to a major increase in the total return index and volatility index.
C
Hold
5/11/2020Downgrade
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 5/11/2020 due to a noticeable decline in the solvency index, growth index and total return index. Debt to equity increased from 0.01 to 0.03, EBIT declined 33.19% from $118.4M to $79.1M, and the quick ratio declined from 1.77 to 1.22.
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 5/11/2020 due to a noticeable decline in the solvency index, growth index and total return index. Debt to equity increased from 0.01 to 0.03, EBIT declined 33.19% from $118.4M to $79.1M, and the quick ratio declined from 1.77 to 1.22.
B
Buy
5/5/2020Downgrade
Fortinet, Inc. (FTNT) was downgraded to B- from B on 5/5/2020 due to a major decline in the total return index.
Fortinet, Inc. (FTNT) was downgraded to B- from B on 5/5/2020 due to a major decline in the total return index.
B
Buy
4/20/2020Upgraded
Fortinet, Inc. (FTNT) was upgraded to B from B- on 4/20/2020 due to an increase in the total return index and solvency index.
Fortinet, Inc. (FTNT) was upgraded to B from B- on 4/20/2020 due to an increase in the total return index and solvency index.
B
Buy
3/9/2020Downgrade
Fortinet, Inc. (FTNT) was downgraded to B- from B on 3/9/2020 due to a large decline in the valuation index, growth index and solvency index. Operating cash flow declined 13.92% from $221.2M to $190.4M.
Fortinet, Inc. (FTNT) was downgraded to B- from B on 3/9/2020 due to a large decline in the valuation index, growth index and solvency index. Operating cash flow declined 13.92% from $221.2M to $190.4M.
B
Buy
8/2/2019Upgraded
Fortinet, Inc. (FTNT) was upgraded to B from B- on 8/2/2019 due to a large increase in the growth index, efficiency index and volatility index. EBIT increased 48.62% from $50.6M to $75.2M, net income increased 23.64% from $58.8M to $72.7M, and earnings per share increased from $0.34 to $0.42.
Fortinet, Inc. (FTNT) was upgraded to B from B- on 8/2/2019 due to a large increase in the growth index, efficiency index and volatility index. EBIT increased 48.62% from $50.6M to $75.2M, net income increased 23.64% from $58.8M to $72.7M, and earnings per share increased from $0.34 to $0.42.
B
Buy
6/10/2019Downgrade
Fortinet, Inc. (FTNT) was downgraded to B- from B on 6/10/2019 due to a major decline in the growth index, total return index and solvency index. Earnings per share declined from $1.0429 to $0.34, EBIT declined 40.54% from $85.1M to $50.6M, and total revenue declined 6.79% from $507M to $472.6M.
Fortinet, Inc. (FTNT) was downgraded to B- from B on 6/10/2019 due to a major decline in the growth index, total return index and solvency index. Earnings per share declined from $1.0429 to $0.34, EBIT declined 40.54% from $85.1M to $50.6M, and total revenue declined 6.79% from $507M to $472.6M.
B
Buy
3/29/2019Upgraded
Fortinet, Inc. (FTNT) was upgraded to B from B- on 3/29/2019 due to a major increase in the total return index and valuation index.
Fortinet, Inc. (FTNT) was upgraded to B from B- on 3/29/2019 due to a major increase in the total return index and valuation index.
B
Buy
3/4/2019Upgraded
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 3/4/2019 due to a major increase in the valuation index, efficiency index and volatility index. Net income increased 211.07% from $58.7M to $182.6M, and total capital increased 13.3% from $891.6M to $1.01B.
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 3/4/2019 due to a major increase in the valuation index, efficiency index and volatility index. Net income increased 211.07% from $58.7M to $182.6M, and total capital increased 13.3% from $891.6M to $1.01B.
C
Hold
1/3/2019Downgrade
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 1/3/2019 due to a significant decline in the total return index and growth index.
Fortinet, Inc. (FTNT) was downgraded to C+ from B- on 1/3/2019 due to a significant decline in the total return index and growth index.
B
Buy
11/8/2018Downgrade
Fortinet, Inc. (FTNT) was downgraded to B- from B on 11/8/2018 due to a decline in the total return index.
Fortinet, Inc. (FTNT) was downgraded to B- from B on 11/8/2018 due to a decline in the total return index.
B
Buy
10/24/2018Upgraded
Fortinet, Inc. (FTNT) was upgraded to B from B- on 10/24/2018 due to an increase in the total return index, volatility index and solvency index.
Fortinet, Inc. (FTNT) was upgraded to B from B- on 10/24/2018 due to an increase in the total return index, volatility index and solvency index.
B
Buy
8/9/2018Upgraded
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 8/9/2018 due to a large increase in the growth index, solvency index and efficiency index. EBIT increased 56.48% from $32.4M to $50.7M, net income increased 18.51% from $41.6M to $49.3M, and earnings per share increased from $0.24 to $0.28.
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 8/9/2018 due to a large increase in the growth index, solvency index and efficiency index. EBIT increased 56.48% from $32.4M to $50.7M, net income increased 18.51% from $41.6M to $49.3M, and earnings per share increased from $0.24 to $0.28.
C
Hold
5/10/2018Upgraded
Fortinet, Inc. (FTNT) was upgraded to C+ from C on 5/10/2018 due to a significant increase in the growth index, valuation index and efficiency index. Net income increased 243.64% from -$28.96M to $41.6M, earnings per share increased from -$0.1688 to $0.24, and total capital increased 17.67% from $589.38M to $693.5M.
Fortinet, Inc. (FTNT) was upgraded to C+ from C on 5/10/2018 due to a significant increase in the growth index, valuation index and efficiency index. Net income increased 243.64% from -$28.96M to $41.6M, earnings per share increased from -$0.1688 to $0.24, and total capital increased 17.67% from $589.38M to $693.5M.
C
Hold
3/1/2018Downgrade
Fortinet, Inc. (FTNT) was downgraded to C from B- on 3/1/2018 due to a significant decline in the growth index, valuation index and solvency index. Earnings per share declined from $0.15 to -$0.1688, the quick ratio declined from 1.68 to 1.56, and operating cash flow declined 2.96% from $162.34M to $157.54M.
Fortinet, Inc. (FTNT) was downgraded to C from B- on 3/1/2018 due to a significant decline in the growth index, valuation index and solvency index. Earnings per share declined from $0.15 to -$0.1688, the quick ratio declined from 1.68 to 1.56, and operating cash flow declined 2.96% from $162.34M to $157.54M.
B
Buy
2/13/2018Downgrade
Fortinet, Inc. (FTNT) was downgraded to B- from B on 2/13/2018 due to a decline in the total return index, volatility index and valuation index.
Fortinet, Inc. (FTNT) was downgraded to B- from B on 2/13/2018 due to a decline in the total return index, volatility index and valuation index.
B
Buy
1/29/2018Upgraded
Fortinet, Inc. (FTNT) was upgraded to B from B- on 1/29/2018 due to a major increase in the total return index and volatility index.
Fortinet, Inc. (FTNT) was upgraded to B from B- on 1/29/2018 due to a major increase in the total return index and volatility index.
B
Buy
12/22/2017Upgraded
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 12/22/2017 due to a large increase in the total return index and volatility index.
Fortinet, Inc. (FTNT) was upgraded to B- from C+ on 12/22/2017 due to a large increase in the total return index and volatility index.
C
Hold
11/13/2017Upgraded
Fortinet, Inc. (FTNT) was upgraded to C+ from C on 11/13/2017 due to a significant increase in the growth index, valuation index and efficiency index. EBIT increased 20.01% from $28.41M to $34.1M, net income increased 15.53% from $23.03M to $26.61M, and earnings per share increased from $0.13 to $0.15.
Fortinet, Inc. (FTNT) was upgraded to C+ from C on 11/13/2017 due to a significant increase in the growth index, valuation index and efficiency index. EBIT increased 20.01% from $28.41M to $34.1M, net income increased 15.53% from $23.03M to $26.61M, and earnings per share increased from $0.13 to $0.15.
C
Hold
5/10/2017Downgrade
Fortinet, Inc. (FTNT) was downgraded to C from C+ on 5/10/2017 due to a large decline in the growth index. EBIT declined 87.09% from $46.03M to $5.94M, earnings per share declined from $0.1398 to $0.06, and total revenue declined 6.13% from $362.83M to $340.58M.
Fortinet, Inc. (FTNT) was downgraded to C from C+ on 5/10/2017 due to a large decline in the growth index. EBIT declined 87.09% from $46.03M to $5.94M, earnings per share declined from $0.1398 to $0.06, and total revenue declined 6.13% from $362.83M to $340.58M.
C
Hold
4/3/2017Upgraded
Fortinet, Inc. (FTNT) was upgraded to C+ from C on 4/3/2017 due to a substantial increase in the total return index.
Fortinet, Inc. (FTNT) was upgraded to C+ from C on 4/3/2017 due to a substantial increase in the total return index.
C
Hold
3/3/2017Upgraded
Fortinet, Inc. (FTNT) was upgraded to C from C- on 3/3/2017 due to a significant increase in the growth index, efficiency index and total return index. EBIT increased 492.28% from $7.77M to $46.03M, net income increased 300.03% from $6.29M to $25.17M, and earnings per share increased from $0.0363 to $0.1398.
Fortinet, Inc. (FTNT) was upgraded to C from C- on 3/3/2017 due to a significant increase in the growth index, efficiency index and total return index. EBIT increased 492.28% from $7.77M to $46.03M, net income increased 300.03% from $6.29M to $25.17M, and earnings per share increased from $0.0363 to $0.1398.
C
Hold
1/27/2017Upgraded
Fortinet, Inc. (FTNT) was upgraded to C- from D+ on 1/27/2017 due to an increase in the total return index.
Fortinet, Inc. (FTNT) was upgraded to C- from D+ on 1/27/2017 due to an increase in the total return index.
D
Sell
1/12/2017Downgrade
Fortinet, Inc. (FTNT) was downgraded to D+ from C- on 1/12/2017 due to a decline in the total return index.
Fortinet, Inc. (FTNT) was downgraded to D+ from C- on 1/12/2017 due to a decline in the total return index.
C
Hold
11/11/2016Upgraded
Fortinet Inc. (FTNT) was upgraded to C- from D+ on 11/11/2016 due to a noticeable increase in the growth index and volatility index. Earnings per share increased from -$0.01 to $0.0363, EBIT increased 343.45% from -$3.19M to $7.77M, and operating cash flow increased 12.07% from $67.94M to $76.14M.
Fortinet Inc. (FTNT) was upgraded to C- from D+ on 11/11/2016 due to a noticeable increase in the growth index and volatility index. Earnings per share increased from -$0.01 to $0.0363, EBIT increased 343.45% from -$3.19M to $7.77M, and operating cash flow increased 12.07% from $67.94M to $76.14M.
D
Sell
5/6/2016Downgrade
Fortinet Inc. (FTNT) was downgraded to D+ from C- on 5/6/2016 due to a decline in the efficiency index. Net income declined 35.32% from -$2.53M to -$3.43M, and total capital declined 1.72% from $755.38M to $742.4M.
Fortinet Inc. (FTNT) was downgraded to D+ from C- on 5/6/2016 due to a decline in the efficiency index. Net income declined 35.32% from -$2.53M to -$3.43M, and total capital declined 1.72% from $755.38M to $742.4M.
C
Hold
4/25/2016Upgraded
Fortinet Inc. (FTNT) was upgraded to C- from D+ on 4/25/2016 due to an increase in the total return index and volatility index.
Fortinet Inc. (FTNT) was upgraded to C- from D+ on 4/25/2016 due to an increase in the total return index and volatility index.
D
Sell
3/11/2016Downgrade
Fortinet Inc. (FTNT) was downgraded to D+ from C- on 3/11/2016 due to a noticeable decline in the volatility index, total return index and solvency index.
Fortinet Inc. (FTNT) was downgraded to D+ from C- on 3/11/2016 due to a noticeable decline in the volatility index, total return index and solvency index.
C
Hold
3/1/2016Downgrade
Fortinet Inc. (FTNT) was downgraded to C- from C on 3/1/2016 due to a substantial decline in the volatility index, efficiency index and valuation index. Net income declined 131.02% from $8.17M to -$2.53M, and total capital declined 5.03% from $795.39M to $755.38M.
Fortinet Inc. (FTNT) was downgraded to C- from C on 3/1/2016 due to a substantial decline in the volatility index, efficiency index and valuation index. Net income declined 131.02% from $8.17M to -$2.53M, and total capital declined 5.03% from $795.39M to $755.38M.
NASDAQ
04/19/2024 4:00PM Eastern
Quotes delayed
