FTNT is trading at $109.81 (+22.08%) following a massive Q1 2026 earnings beat and an upward revision to its full-year outlook.
- Fortinet reported revenue of $1.85B (+20% YoY) and non-GAAP EPS of $0.82 (+41% YoY), both significantly exceeding analyst expectations.
- Billings growth accelerated to 31% YoY, far outpacing mid-teens estimates and signaling a powerful hardware refresh cycle and SASE momentum.
- Management raised full-year 2026 revenue guidance to a range of $7.71B–$7.8B, confirming strong strategic positioning in security infrastructure.