Fortinet Stock Fair Value Calculation – Upgrade Alert: Fortinet Crashes to 1-Year Low – Time to Invest!

November 21, 2023

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Fortinet ($NASDAQ:FTNT), a leading cybersecurity solutions provider, has recently hit a one-year low in its stock price. This presents an ideal opportunity for investors to take advantage of the lower pricing and upgrade their rating of the company. Their award-winning FortiGuard Labs threat intelligence and research team continuously monitors and identifies malicious activity across a variety of platforms in real-time. This helps organizations of all sizes protect their networks from increasingly complex digital threats. The company’s advanced security solutions are designed to help customers protect data and privacy, enhance compliance, and reduce the cost and complexity of managing IT infrastructure and operations.

Fortinet offers a comprehensive suite of security products, including firewalls, endpoint security, web filtering, anti-virus, VPNs, and more. Now is the perfect time to take advantage of Fortinet’s one-year low and upgrade your rating of the company. Investing in Fortinet’s superior security solutions can help you protect your assets and ensure the safety of your business or organization. Don’t miss out on this great opportunity – upgrade your rating of Fortinet today!

Share Price

Monday was a shocking day for FORTINET stock, with shares crashing to their lowest point in over a year. Despite opening at $51.6, the stock ended the day at only $51.9, up by a mere 1.3% from its previous closing price of 51.3. These figures indicate that investors are beginning to lose confidence in FORTINET despite its strong performance in the past. This crash in the stock suggests that it may be a good time for investors to start investing in FORTINET, as there are plenty of opportunities for growth in the near future. With the current low prices, it is possible for investors to take advantage of a bargain and pick up some shares while prices are still low.

In addition, FORTINET’s recent innovations and strong partnerships with other tech companies could make now the perfect time to invest in the company. Overall, Monday’s performance of FORTINET’s stock was a great indication of its potential for future growth. With prices at a 1-year low, now is the time for investors to take advantage of a good investment opportunity and invest in FORTINET before prices start to rise again. Fortinet_Crashes_to_1-Year_Low_-_Time_to_Invest”>Live Quote…

About the Company

  • Fortinet_Crashes_to_1-Year_Low_-_Time_to_Invest”>Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Fortinet. More…

    Total Revenues Net Income Net Margin
    5.17k 1.15k 22.2%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Fortinet. More…

    Operations Investing Financing
    2.27k -360.3 -687.7
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Fortinet. More…

    Total Assets Total Liabilities Book Value Per Share
    7.48k 7.41k 0.09
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Fortinet are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    28.2% 40.2% 25.3%
    FCF Margin ROE ROA
    39.9% 413.1% 10.9%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Fortinet Stock Fair Value Calculation

    GoodWhale has conducted an in-depth analysis of FORTINET’s financials. After careful consideration, our proprietary Valuation Line has determined that the intrinsic value of FORTINET’s share is around $76.3. However, the current market value of FORTINET stock is only $51.9, meaning it is undervalued by a staggering 31.9%. This presents a great opportunity for potential investors who are looking to take advantage of this undervaluation and make a profit in the long run. Fortinet_Crashes_to_1-Year_Low_-_Time_to_Invest”>More…

  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    There is fierce competition among Fortinet Inc and its competitors: SecureWorks Corp, DBAPPSecurity Co Ltd, Mandiant Inc. All four companies offer products and services that help organizations secure their networks and data from cyber threats. Fortinet Inc has a strong market share in the network security space, but its competitors are gaining ground. Each company has its own strengths and weaknesses, and it is up to the customer to decide which one is the best fit for their needs.

    – SecureWorks Corp ($NASDAQ:SCWX)

    SecureWorks Corp is a publicly traded company with a market capitalization of 687.41 million as of 2022. The company has a return on equity of -9.05%. SecureWorks Corp is a provider of cybersecurity solutions and services. The company’s solutions and services are designed to help organizations protect their data and defend against cyber threats.

    – DBAPPSecurity Co Ltd ($SHSE:688023)

    DBApps Security Co Ltd has a market cap of 13.74B as of 2022, a Return on Equity of -5.12%. DBApps Security Co Ltd is a provider of online security solutions. The company offers a range of products and services including online security, anti-virus protection and online privacy protection.


    Fortinet (FTNT), a leading provider of cybersecurity solutions, has seen its stock price take a significant drop recently, leaving it at a one-year low. This presents an attractive opportunity for investors looking to add the company to their portfolio. Analysts have upgraded their outlook on Fortinet, citing improved financial performance and strategic positioning. The company has seen a strong increase in sales and profits, driven by its expanding product line and services as well as its commitment to innovation.

    Fortinet’s suite of cyber security solutions has enabled it to quickly address customer needs and help them protect their networks from emerging threats. The company’s strategic partnerships with other leading companies have also enriched its product and service offerings. With a valuation that is well below its peers, Fortinet is an intriguing investment opportunity for investors looking for potential upside in this sector.

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