Is Fortinet Stock a Buy Now?
(NASDAQ: FTNT) stock has been in scintillating form on the stock market over the past six months, rising a remarkable 55% as of this writing on the back of solid quarterly reports that point toward an improvement in the cybersecurity specialist's growth profile.
Shares of the company received another shot in the arm after the release of its fourth-quarter 2024 results on Feb. 6. Fortinet stock was up nearly 3% following this report as revenue and earnings were well ahead of what analysts were anticipating. The guidance was the icing on the cake as Fortinet's 2025 outlook also exceeded consensus estimates.
Should investors consider buying Fortinet stock right now following its recent rally in anticipation of more upside? Let's find out.
Source Fool.com
Fortinet Inc. Aktie
Leichte Community-Bevorzugung: Fortinet Inc. mit mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 97 € für Fortinet Inc. weist auf eine Steigerung von über 50% gegenüber dem aktuellen Kurs von 64.48 € hin.
