Fortinet, Inc (FTNT) Set for Growth: AI-Driven Cybersecurity and a Promising Price Target

Insider Monkey11-20 03:10

We recently published a list of 15 AI News and Ratings You Should Not Miss. In this article, we are going to take a look at where Fortinet, Inc. (NASDAQ:FTNT) stands against other AI news and ratings ...

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In this article, we are going to take a look at where Fortinet, Inc. (NASDAQ:FTNT) stands against other AI news and ratings ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fortinet-inc-ftnt-set-growth-191056500.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FTNT","symbol_name":"飞塔信息","start_time":0,"source_url":"https://finance.yahoo.com/news/fortinet-inc-ftnt-set-growth-191056500.html","article_id":"2484741139","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/kDzmxFAffslJ._rSiKc7eg--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/9280a08e4457e7153160f7967879bfc9"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484741139","pubTimestamp":1732043456,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently published a list of15 AI News and Ratings You Should Not Miss. In this article, we are going to take a look at where Fortinet, Inc.  stands against other AI news and ratings you should not miss.AI technology has forced businesses worldwide to reconsider their money making models. This revolutionary change is now making its way into the government sector as well. According to a report from news agency Reuters, Mothibi Ramusi, the chief of the communications regulator in South Africa, recently said that the information and communications technology sector needs policy and regulatory changes to keep up with emerging technologies. The country is also debating new regulations for mobile virtual networks and spectrum sharing. The regulator has initiated an inquiry into the licensing framework for satellite-internet providers to provide clear rules for potential operators in the country.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"FTNT":"飞塔信息"},"translate_title":"Fortinet,Inc(FTNT)将实现增长：人工智能驱动的网络安全和有希望的价格目标","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FTNT":1},"content_text":"We recently published a list of 15 AI News and Ratings You Should Not Miss. In this article, we are going to take a look at where Fortinet, Inc. (NASDAQ:FTNT) stands against other AI news and ratings you should not miss.\nAI technology has forced businesses worldwide to reconsider their money making models. This revolutionary change is now making its way into the government sector as well. According to a report from news agency Reuters, Mothibi Ramusi, the chief of the communications regulator in South Africa, recently said that the information and communications technology sector needs policy and regulatory changes to keep up with emerging technologies. The country is also debating new regulations for mobile virtual networks and spectrum sharing. The regulator has initiated an inquiry into the licensing framework for satellite-internet providers to provide clear rules for potential operators in the country.\nRead more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.\nIn Japan, multinational conglomerate Softbank has partnered with chipmaker NVIDIA in a partnership that aims to turn communication base stations from cost centers into AI revenue-producing assets. The latter claims that traditional telco networks are built to handle peak loads and usually use only about one-third of their capacity. With AI-RAN, a new communications tech, they can expect to monetize the remaining two-thirds of the capacity for AI inference services. Softbank estimates a return of up to 219% for every AI-RAN server it adds to its infrastructure.\nREAD ALSO:\n30 Most Important AI Stocks According to BlackRock and \nBeyond the Tech Giants: 35 Non-Tech AI Opportunities\n.\nFor this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.\nWhy are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A close-up of a user authenticating into a secure network using a two-factor authentication process. \nFortinet, Inc. (NASDAQ:FTNT)\nMarket Capitalization: $72 Billion \nFortinet, Inc. (NASDAQ:FTNT) provides cybersecurity and convergence of networking and security solutions worldwide. The Fortinet SecOps platform offers the broadest range of sensors that utilize AI and other advanced analytics to continuously assess cyberthreats. On November 13, investment advisory Citi raised the price target on the stock to $100 from $76, noting that there is a decisive refresh coming in 2025 and 2026, including an end-of-service catalyst for some of its software that should surprise investors. The company has also benefited from a more robust operating expense leverage to cash conversion than its peers, Citi added.\nOverall, FTNT ranks 11th on our list of AI news and ratings you should not miss. While we acknowledge the potential of FTNT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FTNT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock\nDisclosure: None. This article is originally published at Insider Monkey.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484741139"}