Should You Buy Fortinet Stock Right Now?

By Parkev Tatevosian, CFA – Jun 1, 2024 at 9:16AM

NASDAQ: FTNT

Fortinet

Market Cap

$80B

Today's Change

(1.92%) $1.97

Current Price

$104.53

Price as of May 16, 2025, 3:58 p.m. ET

Fortinet is experiencing headwinds as cybersecurity industry growth slows.

Fool.com contributor Parkev Tatevosian answers whether Fortinet (FTNT 1.92%) makes an excellent long-term investment at current valuations.

*Stock prices used were the afternoon prices of May 29, 2024. The video was published on May 31, 2024.

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.

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