Fortinet rises on upbeat annual revenue forecast

Fortinet

05/02/2026 22:11

** Shares of cybersecurity firm Fortinet FTNT.O up ~6% at $83.40 after the bell

** Co forecasts annual revenue largely above Wall Street expectations, signaling strong enterprise spending on its cybersecurity services

** Expects annual revenue between $7.5 billion and $7.7 billion, compared with estimates of $7.51 billion, per data compiled by LSEG

** Sees annual adjusted EPS between $2.94 and $3.00, compared with estimates of $2.94

** Q4 revenue of $1.91 billion, beating estimates of $1.86 billion

** Stock fell ~16% in 2025

(Reporting by Koyena Das in Bengaluru)

((koyena.das@thomsonreuters.com))