Fortinet reported a strong third quarter in 2026 with revenue up 20% year-over-year to $2.08 billion and product revenue growing 37%. The company raised its full-year 2026 revenue guidance to $8.125-$8.215 billion, driven by demand in AI-related cybersecurity solutions. Fortinet also announced new AI security services and partnerships with NVIDIA, Oracle, and Microsoft, reinforcing its leadership in securing AI infrastructure. The company expects continued growth in Q4 with revenue projected between $2.155 billion and $2.245 billion.
As of Oct 29, 2026 03:25 WIB, Fortinet (FTNT) shares are priced at USD 136.00 on Pluang, showing a sharp 26.49% decline in one day despite the company's strong third quarter results and raised revenue guidance. The stock has a market capitalization of $135.74 billion and an enterprise value of $132.16 billion. Notably, Pluang investors are fully buying FTNT shares, with 100% buy order activity at this time.
