Fortinet awarded Google Cloud Partner of the Year for 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 08 2025
0mins
Should l Buy FTNT?
Source: Globenewswire
Fortinet Inc's stock fell by 5.00% as it crossed below the 5-day SMA, reflecting a challenging trading environment. The company has been recognized as the 2026 Google Cloud Partner of the Year for its contributions to workload security, highlighting its leadership in cybersecurity. This award underscores Fortinet's strategic collaboration with Google Cloud, enhancing its cloud security solutions and potentially driving future growth.
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Analyst Views on FTNT
Wall Street analysts forecast FTNT stock price to fall
24 Analyst Rating
3 Buy
18 Hold
3 Sell
Hold
Current: 107.970
Low
70.00
Averages
84.18
High
100.00
Current: 107.970
Low
70.00
Averages
84.18
High
100.00
About FTNT
Fortinet, Inc. is engaged in cybersecurity, driving the convergence of networking and security. The Company’s integrated platform, Fortinet Security Fabric, spans secure networking, unified Secure Access Service Edge (SASE) and artificial intelligence (AI)-driven security operations (SecOps). Its products and services include FortiOS, FortiASIC, FortiCloud, FortiAI, FortiEndpoint, and OT Security. The FortiGuard Labs is a cybersecurity threat intelligence and research organization comprised of experienced threat hunters, researchers, analysts, engineers and data scientists who develop and utilize machine learning and AI technologies. FortiGuard and Other Security Services are a suite of AI-powered security capabilities that are integrated as part of the Fortinet Security Fabric to deliver coordinated detection and enforcement across the entire attack surface. FortiCare Technical Support Service is a per-device technical support service. It also operates Fortinet Training Institute.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Robust Product Sales: Product revenue surged 41% year-over-year, significantly exceeding Susquehanna's estimate by 21%, reflecting the positive impact of technology upgrades and customers expanding into new use cases, further solidifying Fortinet's market position.
- Strategic Outlook: While analysts maintain a Neutral rating, they highlight that the growth of AI data centers and the convergence of networking and security needs present new market opportunities for the company, suggesting a balanced risk-reward profile moving forward.
See More
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- Revenue Exceeds Expectations: The company's total revenue reached $1.85 billion, a 20% increase from the previous year, surpassing earlier guidance of $1.7 billion to $1.76 billion, indicating strong growth in customer demand and market share.
- Optimistic Full-Year Outlook: Fortinet raised its full-year revenue growth forecast to a range of $7.71 billion to $7.87 billion, up from the previous estimate of $7.5 billion to $7.7 billion, reflecting management's confidence in future performance.
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- Jobs Report Anticipation: The market is set to receive a new jobs report, with analysts expecting it to provide crucial signals regarding economic recovery, which could further influence investor decisions and market trends.
See More
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