Fortinet

In Q3/2026 Fortinet increased revenue by about 20% to $2.08 billion, billings rose 29% to $2.34 billion, and product revenue grew 37%. Adjusted operating margin was around 38%, net income was $636 million and free cash flow was $865 million; the buyback program was expanded by $1.2 billion. For 2026 the company expects revenue of $8.125–8.215 billion and billings of $9.568–9.718 billion. Strategically, Fortinet is doubling down on AI security (FortiGuard Inline AI) and expanded Unified-SASE offerings, while high expectations make the stock vulnerable to sharp price reactions. » Mere på finanzen.net

Fortinet reported third-quarter 2026 revenue of $2.08 billion and adjusted EPS of $0.91, both above expectations. Billings were $2.336 billion, slightly ahead of the forecast, while the services business missed estimates with $1.31 billion and its full-year outlook for that area was lowered. Product growth slowed markedly, prompting a sharp share drop that briefly put other cybersecurity stocks under pressure. Analysts view the sell-off as an overreaction, noting that AI-driven demand supports the industry’s long-term outlook. » Mere på deraktionaer.de

Fortinet is portrayed as a leading provider for the upcoming phase of cybersecurity, in which AI may increasingly act autonomously and operate tools itself. Industry calls for slowed development, more extensive testing and independent security testers are gaining traction after incidents like the one at Hugging Face served as a warning. The debate over stronger controls and security mechanisms is likely to boost demand for specialized security solutions. » Mere på finanzen.net

At the Goldman Sachs conference, Fortinet outlined a strategy focused on AI security, sovereign SASE, OT security and quantum encryption. Product revenues recently rose 52% year‑on‑year, driven by higher unit volumes and improved pricing, while services revenues are being expanded through new bundles such as an SD‑WAN service package. Management still expects a strong demand environment but warns product growth should slow due to tougher comparables and normalizing prices. Fortinet stresses its data advantage, is investing in its own AI models and GPU infrastructure, and sees further potential particularly with Neocloud providers and sovereign on‑premise solutions. » Mere på de.investing.com

More than 100 major technology and financial companies warn of a significant increase in agentic AI cyberattacks in the coming months and call for stronger defensive measures from firms and governments. An incident at Hugging Face recently highlighted the risk. Providers such as Fortinet and Okta are seen as potential winners, as demand for their security solutions is likely to rise. » Mere på finanzen.net