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Fortinet Inc. buy skatcup

Start price
€60.32
18.07.22 / 80%
Target price
€90.00
18.07.23
Performance (%)
-1.33%
End price
€59.52
23.07.22
Summary
This prediction ended on 23.07.22 with a price of €59.52. With a performance of -1.33%, the BUY prediction by skatcup finished with a loss. skatcup has 80% into this prediction

Fortinet (Symbol: FTNT) is a multinational cybersecurity company, headquartered in Sunnyvale, California, renowned for its cutting-edge solutions that help protect organizations of varied sizes from cyber threats. The company is a pioneer in the development of innovative products like firewalls, endpoint security software, antivirus solutions, as well as a comprehensive range of unified threat management (UTM) solutions. With its market capitalization standing at approximately $44 billion, Fortinet is committed to maintaining high standards of protection, seizing a sizable market share in the cybersecurity sector as businesses across the globe continue to rely on their top-notch services and technologies to shield against emerging and evolving threats.

Performance without dividends (%)
Name 1w 1m 1y
Fortinet Inc. -8.953% -8.953% -6.857%
iShares Core DAX® 0.476% -0.039% 13.342%
iShares Nasdaq 100 1.290% 0.504% 40.099%
iShares Nikkei 225® 1.300% -2.135% 19.861%
iShares S&P 500 0.829% 0.193% 29.756%

According to skatcup what are the pros and cons of Fortinet Inc. for the foreseeable future?

Pros
Could be worthwhile Investment >10% per year
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Fair valuation
Standard Investments for future growth
ROE higher than 10% per year
Innovative
Some uniques
Differentiated customer and product portfolio
Growths faster than the competition
Top 10 in its market
Small cyclical dependencies
Known brand
Future proof or reliable business model
Cons

Comments by skatcup for this prediction

In the thread Fortinet Inc. diskutieren
Prediction Buy
Perf. (%) -1.33%
Target price 90.000
Change
Ends at 18.07.23

Buy mit Kursziel 90,0

In the thread Trading Fortinet Inc.
Prediction Buy
Perf. (%) -1.33%
Target price 90.000
Change
Ends at 18.07.23

Einschätzung wurde nach dem Ende von Catch the Monkey automatisch beendet.