|Company name||Fortinet Inc|
|Live stock price||[stckqut]FTNT[/stckqut]|
|P/E compared to competitors||Fair|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$121.58|
|Target stock price (averages with growth)||$44.39|
|Target stock price (averages with no growth)||$111.78|
|Target stock price (manual assumptions)||$109.85|
The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/ftnt
Fortinet, Inc., incorporated on November 28, 2000, is a network security company. The Company provides cyber security solutions to a range of enterprises, service providers and government organizations across the world. It provides protection against cyber-attacks and the technology to take on security performance requirements of the network. It offers a range of security products and solutions, providing customers with an integrated network security architecture and a source of threat intelligence to identify and minimize security gaps. The Company's network security solution consists of FortiGate physical, software and cloud solutions, which are deployable in the business environments of enterprises, service providers and small and medium-sized businesses, as well as government organizations. These platforms provide a range of integrated security and networking functions to help protect data, applications and users from network- and content-level security threats.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Fortinet Inc as long as the indicators that I describe in my book The Confident Investor are favorable.
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How was this analysis of Fortinet Inc calculated?
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