Track market-moving stories before they get noisy

Fortinet (FTNT - Free Report) closed the most recent trading day at $158.10, moving -1.41% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.89%. Elsewhere, the Dow saw an upswing of 0.74%, while the tech-heavy Nasdaq appreciated by 1.29%.

Shares of the network security company witnessed a gain of 10.3% over the previous month, beating the performance of the Computer and Technology sector with its loss of 6.6%, and the S&P 500's loss of 0.63%.

Analysts and investors alike will be keeping a close eye on the performance of Fortinet in its upcoming earnings disclosure. The company's earnings report is set to go public on July 29, 2026. It is anticipated that the company will report an EPS of $0.75, marking a 17.19% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $1.88 billion, indicating a 15.44% growth compared to the corresponding quarter of the prior year.

For the full year, the Zacks Consensus Estimates project earnings of $3.15 per share and a revenue of $7.8 billion, demonstrating changes of +14.13% and +14.67%, respectively, from the preceding year.

Investors should also note any recent changes to analyst estimates for Fortinet. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.68% higher. At present, Fortinet boasts a Zacks Rank of #1 (Strong Buy).

In terms of valuation, Fortinet is presently being traded at a Forward P/E ratio of 50.85. This expresses no noticeable deviation compared to the average Forward P/E of 50.85 of its industry.

We can additionally observe that FTNT currently boasts a PEG ratio of 3.87. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Security industry stood at 3.24 at the close of the market yesterday.

The Security industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 40, finds itself in the top 17% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

SUNNYVALE, Calif., July 14, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced new capabilities for its unified endpoint platform, FortiEndpoint, designed to help organizations securely adopt AI, protect sensitive data, and reduce risk. By bringing AI visibility and control, native data security, endpoint risk scoring, and FortiAI-assisted operations into FortiEndpoint, Fortinet enables security teams to better govern AI usage, reduce sensitive data exposure, enforce risk-aware access, and simplify security operations across distributed environments.

“Organizations need a simpler and more effective way to manage security as their environments become more complex and AI-enabled,” said Michael Xie, Founder, President, and CTO at Fortinet. “The Fortinet Security Fabric is designed to converge critical security and networking functions across the enterprise, helping customers reduce complexity, improve visibility, and strengthen protection. With FortiEndpoint, we are extending that strategy by consolidating security, secure access, data security, AI visibility, and assisted operations in a unified endpoint platform, delivered through one agent, one console, and one license.”

A Platform Approach to AI-Era Endpoint Security
As agents and AI-enabled applications become embedded in everyday work, organizations need better visibility, stronger governance, and integrated protection to securely enable AI while reducing endpoint risk and protecting sensitive data. These needs are even more urgent as threat actors move faster and use increasingly sophisticated techniques to exploit gaps across users, devices, applications, and data. The pressure security teams are facing is compounded by fragmented tools across protection, detection and response, secure access, and data security, which can slow security teams and limit visibility.

FortiEndpoint builds on the consolidation strategy previewed at Fortinet Accelerate 2026 by bringing AI visibility and governance, endpoint protection, detection and response, secure remote access, native data security, and FortiAI-assisted operations together through one agent, one console, and one license. Through integration with the Fortinet Security Fabric, endpoint telemetry and risk context can inform connected security controls, strengthening adaptive access, policy enforcement, and enterprise-wide visibility.

These capabilities help define Fortinet’s approach to endpoint security for the AI era, advanced through three key areas of innovation:

Securing AI Use at the Endpoint
FortiEndpoint provides centralized visibility and control over sanctioned and unsanctioned AI application and agent usage across endpoints, including installed AI apps, agents, and web-based tools. From a single view, organizations can identify agents and applications in use, monitor adoption, and understand user activity to help surface shadow AI, unmanaged applications, and unauthorized tool usage.

With granular guardrail policies, security teams can allow, restrict, monitor, or block applications based on corporate security, compliance, and data security requirements. This supports responsible AI adoption while reducing the risk of unsanctioned tools, sensitive data exposure, and policy violations.

Reducing AI-Driven Data Exposure and Insider Risk
FortiEndpoint now natively supports DLP to help secure AI interactions and reduce insider risk by automatically inspecting sensitive data exchanged with AI applications, agents, and web services. Built-in user coaching provides real-time policy guidance to help users understand acceptable AI usage and reduce risky behaviors without impacting productivity.

This helps prevent the leakage of sensitive data such as personally identifiable information, intellectual property, and financial information directly at the endpoint. By integrating DLP into FortiEndpoint, organizations can safely adopt AI while maintaining stronger data security and compliance controls without adding another point product or management layer.

Unifying Endpoint Security, Access, Data Security and AI-Assisted Operations
FortiAI-Assist is built into FortiEndpoint to simplify administration and accelerate day-to-day operations. Security teams can use natural language to investigate events, visualize findings, generate investigation summaries, identify high-risk devices, and troubleshoot issues. It also provides contextual insights, policy recommendations, and risk guidance to help analysts strengthen governance, prioritize threats, scale threat hunting, and improve efficiency through a unified management experience.

These assisted workflows are complemented by adaptive zero-trust capabilities with dynamic risk and compliance scoring. By continuously assessing endpoint health, compliance status, and risk posture, FortiEndpoint helps organizations make access decisions based on real-time context, so access to AI applications and protected resources can be adjusted as risk changes. This helps organizations reduce exposure, enforce more consistent policy, and safely support AI-enabled work.

Industry analysts are also recognizing the importance of this integrated approach as organizations look for practical ways to govern AI use without adding more tools and complexity.

“Fortinet is addressing what many CISOs need now: visibility into AI usage, control over sanctioned and unsanctioned tools, protection against sensitive data leakage, and real-time coaching to help employees use AI responsibly,” said Chris DePuy, Technology Analyst at 650 Group. “Delivering these capabilities through FortiEndpoint gives customers a practical way to manage AI risk with the same agent and license they already rely on for endpoint security.”

Read the blog and listen to the webinar for more detail on how FortiEndpoint helps organizations securely adopt AI, protect sensitive data, reduce risk, and simplify security operations. 

Availability
The new FortiEndpoint enhancements are expected to be available in Q3 2026. For more information, visit here.

Additional Resources

Read more about FortiEndpoint.Read more about the Fortinet Security Fabric.Learn about the Fortinet Open Ecosystem.Visit fortinet.com/trust to learn about Fortinet innovation, collaboration partners, product security processes, and enterprise-grade products.Read about how Fortinet customers are securing their organizations.Learn about Fortinet’s commitment to product security and integrity, including its responsible product development and vulnerability disclosure approach and policies.Follow Fortinet on X, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube. About Fortinet 

Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

Copyright © 2026 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiCore, FortiMail, FortiSandbox, FortiADC, FortiAgent, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAppSec, FortiAuthenticator, FortiBranchSASE, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCART, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiDAST, FortiDATA, FortiDB, FortiDevice, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevice, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiEndpoint, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex, FortiFone, FortiGSLB, FortiGuest, FortiHSM, FortiHypervisor, FortiIdentity, FortiInsight, FortiIsolator, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPhish, FortiPoint, FortiPoints, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSAT, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiSOC, FortiSRA, FortiSwitch, FortiTelemetry, FortiTester, FortiTIP, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR, Lacework FortiCNAPP, Linksys, Intelligent Mesh, Velop, Max-Stream, Performance Perfected and SECURITY FABRIC. 

Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

Key Takeaways FTNT launches FortiSOC, an AI-driven SecOps platform integrating 6 security functions into one SaaS console.FTNT posted Q1 revenues of $1.85B, up 20%, with billings rising 31% and EPS climbing 41% to 82 cents.Fortinet raised 2026 revenue outlook to $7.71B-$7.87B, citing AI-driven demand and platform innovation. Fortinet (FTNT - Free Report) is further leaning into artificial intelligence as a growth lever, having launched FortiSOC, a unified, cloud-delivered security operations center platform powered by agentic AI. The move raises the question of whether this AI-driven push can translate into sustained stock momentum. FortiSOC consolidates six security operations functions, including SIEM, SOAR, behavioral analytics, threat intelligence and identity threat detection, into a single SaaS console. Its centerpiece, FortiAI-Assist, autonomously investigates and correlates alerts, generates playbooks and coordinates response actions across thousands of multivendor tools using Model Context Protocol-based agent coordination, while keeping human analysts in oversight roles. The launch builds on AI-focused SecOps innovations previewed at the company's Accelerate 2026 event, positioning Fortinet to compete in the expanding market for AI-assisted threat detection as attackers themselves increasingly weaponize AI.

This AI expansion follows a financially strong first quarter wherein revenues reached $1.85 billion, up 20% year over year, while product revenues jumped 41% to $645 million. Billings, an indicator of forward demand, rose 31% to $2.09 billion. Profitability metrics were equally robust: non-GAAP operating margin hit a first-quarter record of 35.8%, non-GAAP earnings per share grew 41% to 82 cents, and the company generated record operating cash flow of $1.08 billion and free cash flow of $1.01 billion. An increasingly complex threat environment, intensified by AI, alongside new platform differentiators like FortiOS 8.0 and FortiASIC technology, were cited as demand drivers behind this growth.

On the back of this performance, Fortinet raised its full-year 2026 guidance, now projecting revenues between $7.71 billion and $7.87 billion and non-GAAP operating margin of 33% to 36%. Whether FortiSOC converts into durable subscription growth, however, remains to be tested against execution risk, AI-related competitive pressure and the company's ability to turn previewed innovations into sustained billings momentum in the coming quarters.

Microsoft and Palo Alto Networks Push Their Own Agentic AI BetsFortinet is not alone in racing toward agentic AI security. Microsoft (MSFT - Free Report) has built Security Copilot into an agentic SOC layer across Defender, Sentinel and Purview, alongside Agent 365, a control plane to govern AI agents that became generally available last month. Palo Alto Networks (PANW - Free Report) has taken a similar path through Prisma AIRS 3.0, designed to secure the full agentic AI lifecycle, reinforced by its 2026 acquisitions of Portkey and Koi to govern and protect autonomous agents. While Microsoft leans on platform-wide integration and Palo Alto Networks emphasizes lifecycle and identity security, both illustrate how agentic AI has become a central competitive battleground alongside Fortinet in cybersecurity.

FTNT’s Share Price Performance, Valuation & EstimatesFortinet shares have lost 20.4% in the past six-month period, underperforming the Zacks Security industry’s 9.8% decline and the broader Computer and Technology sector’s 22.1% growth.

FTNT’s 6-Month Price Performance
Image Source: Zacks Investment Research

From a valuation standpoint, FTNT appears overvalued, trading at a price-to-book ratio of 84.98, higher than the sector's average of 21.7. The company carries a Value Score of D.

FTNT’s Valuation
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Fortinet’s earnings is pegged at $2.69 per share for 2026, which implies year-over-year growth of 13.5%.

Fortinet currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.