Fortinet Stock Analysis: Buy, Sell, or Hold?

By Parkev Tatevosian, CFA – Sep 21, 2023 at 5:15AM

NASDAQ: FTNT

Fortinet

Market Cap

$49B

Today's Change

(0.23%) $0.15

Current Price

$64.18

Price as of April 26, 2024, 4:00 p.m. ET

The cybersecurity company plans to launch new products to meet rapidly changing market demands.

Fool.com contributor Parkev Tatevosian evaluates Fortinet (FTNT 0.23%) stock to answer if the stock is a bargain at current prices.

*Stock prices used were the afternoon prices of Sept. 18, 2023. The video was published on Sept. 20, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Fortinet. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.