Fortinet (NASDAQ: FTNT) shares reached a new 52-week high of $116.46 on May 13, 2026.
The rally follows a deepened integration with NVIDIA to secure enterprise AI workloads. This partnership positions Fortinet to capture rising demand in AI-driven cybersecurity spending.
On May 6, the company reported first-quarter earnings that exceeded analyst estimates. Management also raised financial guidance for the second quarter and the full 2026 fiscal year.
Separately, Fortinet patched two critical vulnerabilities in its FortiSandbox and FortiAuthenticator products on May 13. These security updates addressed flaws that could have permitted remote code execution.