Fortinet Stock Plunges on Disappointing Revenue Guidance

Fortinet's stock dropped nearly 13% in late trading after the cybersecurity company reported a miss on revenue in its fiscal 2025 and projected quarterly revenue below estimates. Despite beating earnings expectations, the soft outlook and growth concerns led to a significant decline in share price. The company's forward guidance for the second quarter fell short of analyst estimates, reflecting challenges in the cybersecurity industry and slower demand for its services.

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05-08
BUZZ-Fortinet falls on weak Q2 revenue forecast
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05-08
Stock Track | Fortinet Plummets 10.81% as Q2 Revenue Forecast Disappoints and Analysts Cut Price Targets
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05-08
Fortinet Shares Down 11.6% After Co Forecasts Q2 Revenue Below Estimates
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05-08
Stock Track | Fortinet Plunges 10.74% Pre-market on Weak Q2 Revenue Guidance and Growth Concerns
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05-08
Cybersecurity Company Fortinet Stock Slips as Earnings Beat Is Overshadowed by Soft Outlook
Cybersecurity Company Fortinet Stock Slips as Earnings Beat Is Overshadowed by Soft Outlook
05-08
Stock Track | Fortinet Plunges 12.85% as Q2 Revenue Guidance Disappoints, Growth Concerns Emerge
Stock Track | Fortinet Plunges 12.85% as Q2 Revenue Guidance Disappoints, Growth Concerns Emerge
05-08
Fortinet 预计季度收入低于预期,股价下跌
Fortinet 预计季度收入低于预期,股价下跌
05-08
Fortinet projects quarterly revenue below estimates, shares fall
Fortinet projects quarterly revenue below estimates, shares fall

User Discussion

$Fortinet(FTNT)$   Fortinet just took a heavy hit, dropping over 3% in a single day. This is after a brutal slide from its 52-week high of $114.82. The stock now sits around $72.89, flirting with its 52-week low of $67.98. What happened? The cybersecurity giant delivered results that could not live up to the lofty expectations baked into its price. Forward guidance came in soft and investors are questioning whether Fortinet can sustain its growth pace in a competitive, fast-evolving market. At a P/E near 29 and a P/B over 27, the valuation is still not “cheap” by any stretch. This means the market was pricing in near-flawless execution and the latest earnings call just cracked that perfection narrative. Yes, For