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Fortinet Inc. sell nvestor

Start price
€52.48
05.08.23 / 50%
Target price
€25.00
05.08.24
Performance (%)
1.20%
End price
€53.11
19.08.23
Summary
This prediction ended on 19.08.23 with a price of €53.11. The SELL prediction by nvestor shows the price for Fortinet Inc. slightly increased by 1.20% during the runtime of the prediction. nvestor has 50% 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
Fortinet Inc. -6.250% -6.250%
iShares Core DAX® 3.178% 0.980%
iShares Nasdaq 100 2.972% 0.925%
iShares Nikkei 225® 0.545% -4.556%
iShares S&P 500 2.367% 0.833%

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

Pros
Cons
Probably not worthwhile Investment
Revenue decline/stagnation expected
EBIT decline/stagnation expected
Lower EBIT Margin than peer group
Low dividend yield expected
negative Cash Flow expected
High valuation
Risky balance sheet
ROE lower than 10% per year
Increased challenges to pay loans and raise capital
Bad culture
Dependend from some customers or products
Sustainability is little important
high free float
Higher risks for its business
Below average Marketposition
Significant cyclical dependencies
Little known brand
Business model of the past or high risk
Bad rating
Little Investments for future growth
Below average Management
Little innovation
Few uniques
Growths slower than the competition

Comments by nvestor for this prediction

In the thread Fortinet Inc. diskutieren
Prediction Sell
Perf. (%) 1.20%
Target price 25.000
Change
Ends at

Sell mit Kursziel 25,0

In the thread Trading Fortinet Inc.
Prediction Sell
Perf. (%) 1.20%
Target price 25.000
Change
Ends at 05.08.24

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