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Why Is Fortinet (FTNT) Up 5.9% Since Last Earnings Report?
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It has been about a month since the last earnings report for Fortinet (FTNT - Free Report) . Shares have added about 5.9% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Fortinet due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision have trended upward during the past month.
VGM Scores
At this time, Fortinet has a strong Growth Score of A, a grade with the same score on the momentum front. However, the stock was allocated a grade of F on the value side, putting it in the bottom 20% quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Fortinet has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
Fortinet belongs to the Zacks Security industry. Another stock from the same industry, Check Point Software (CHKP - Free Report) , has gained 4.7% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.
Check Point reported revenues of $637.8 million in the last reported quarter, representing a year-over-year change of +6.5%. EPS of $2.21 for the same period compares with $2.04 a year ago.
For the current quarter, Check Point is expected to post earnings of $2.36 per share, indicating a change of +8.8% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
Check Point has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C.
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Why Is Fortinet (FTNT) Up 5.9% Since Last Earnings Report?
It has been about a month since the last earnings report for Fortinet (FTNT - Free Report) . Shares have added about 5.9% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Fortinet due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision have trended upward during the past month.
VGM Scores
At this time, Fortinet has a strong Growth Score of A, a grade with the same score on the momentum front. However, the stock was allocated a grade of F on the value side, putting it in the bottom 20% quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Fortinet has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
Fortinet belongs to the Zacks Security industry. Another stock from the same industry, Check Point Software (CHKP - Free Report) , has gained 4.7% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.
Check Point reported revenues of $637.8 million in the last reported quarter, representing a year-over-year change of +6.5%. EPS of $2.21 for the same period compares with $2.04 a year ago.
For the current quarter, Check Point is expected to post earnings of $2.36 per share, indicating a change of +8.8% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
Check Point has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C.