Fortinet is trading 4.5% up at $159.50 after delivering a strong second-quarter earnings beat and raising its full-year 2026 revenue outlook.
- The stock is reacting to 26% revenue growth and 33% billings acceleration, driven by a major firewall refresh cycle and surging AI-driven security demand.
- Product revenue grew 52% year-over-year, contributing to forward guidance that came in well above market consensus.