FTNT Fortinet Inc

$FTNT Lowest recorded volume since July 2025. We can safely ignore this shitty price action today.

$FTNT Fresh 52-week high Friday, closed at 194.75, up about 3%. The street is not keeping up: the average analyst target is 152.79, roughly 21% below where the stock trades (MarketBeat). Of 36 analysts, 12 rate it a Buy or better. The newest note is Yorkville Ives initiating Outperform with a 225 target on Oct 7. Friday was an AI-threat tailwind day for the group, and Fortinet was the laggard of the bunch: $PANW +5.1%, $CRWD +4.6% on the same tape.

$FTNT I already know this will be an island reversal, too. gaps after after a 5-week run usually only have one meaning: exhaustion

$FTNT Insanely strong combination of fundamentals AND technicals. It came up on the scanner

$FTNT If you disrespect the mothly bollinger band, the market will disrespect your portfolio.

$FTNT When the volume disappears, the trend reverses soon. Volume was less than christmas eve which is a half trading session. Surely, no sellers here but clear buyer exhaustion. We got an exhaustion gap up. Once sellers show up, it will drop like a rock.

BofA Securities global quant strategist's Contenders List of stocks - screen for lowest PE stocks w/ above average earnings momentum & price momentum: “Inexpensive momentum strategies continue to marginally outperform globally. Performance of inexpensive momentum is stronger in Asia. Last month, the Global Contenders (down -2.7%) outperformed the Defenders (down -3.7%) by -1.0% but underperformed the MSCI AC World index (down -1.3%) by negative -1.4% The 12-month performance spread b/n the Global Contenders & Defenders is +22%. In Asia last month, the Asia Pac Contenders (up +2.6%) outperformed the Defenders (down -0.8%) by +3.3% & the MSCI APxJ Index by +3.8%, extending the 12-month performance spread to +56.6%. The new Global Contenders this month are Standard Bank, $FTNT & Gen Digital. The longest standing Contender is $C (24 months). The other Global Contenders are Hana Financial, Kia, United Microelectronics, Wiwynn, AerCap, Anheuser-Busch, Bayer, BNP Paribas, Mitsui O.S.K. Lines, $GOOGL $AVGO Bunge, Cummins, CVS Health Corp, GM, Halliburton, Jabil, KLA, Live Nation, Magna Int’l, $MU Royalty Pharma A, Seagate Tech, State Street, Steel Dynamics, & Vertiv”

$FTNT closed at a record 180.95 Friday, tagging an all-time high of 183.09, and the climb into those highs came on lighter-than-average volume. That's a quiet tighten, not a chase. I want the next push to show heavier buying, not just another quiet tick up.

$FTNT is pricing like the security layer of the AI economy. YTD +118%. Cap $127B. Month high $181. Q2 billings $2.37B (+33%). Revenue $2.05B (+26%). Product +52%. FCF $966M, more than 3x. FY26 rev $8.02B to $8.18B, about 19% growth. AI speeds the attack. Boards want one platform for IT and OT, not ten vendors. That is the Fortinet bid. $PANW $CRWD #Cybersecurity #AI #SecurityFabric

Cybersecurity stocks remained in focus ahead of Thursday’s session after Australian Prime Minister Anthony Albanese said OpenAI breached a government website in June. CrowdStrike, Fortinet, SentinelOne and Cloudflare all reached highs, while Palo Alto Networks traded near its peak. CrowdStrike is up 10% in three days and 37% over the past month, while Cloudflare has gained 20%, Palo Alto Networks about 10%, SentinelOne nearly 14% and Fortinet 16%. Investors will also watch China as President Xi Jinping is scheduled to meet U.S. President Donald Trump at the White House. Major China ETFs remain below their 2025 highs, while the S&P 500 is up more than 12% in 2026. U.S. jobless claims are due at 8:30 a.m. ET, with the Dow Jones consensus at 201,000. Treasury yields remain elevated, with the 30-year at 5.397%, 10-year at 5.11%, 2-year at 4.897% and 1-year at 4.453%. Several Federal Reserve officials, including John Williams , are scheduled to speak Thursday. $FTNT $NET $CRWD $S $PANW