If you are wondering whether Fortinet shares are priced attractively today, it helps to step back and separate short term noise from what the business might be worth over time.
The stock closed at US$78.05 most recently, with a 1.7% decline over the last 7 days, a 6.5% decline over 30 days, a roughly flat 0.2% return year to date, and longer term returns of an 18.7% decline over 1 year, 61.3% over 3 years and 164.5% over 5 years.
Recent price moves have played out against a backdrop of ongoing attention on cybersecurity spending and how customers prioritise network security solutions. News flow has often focused on how security vendors are positioning their platforms and services. This helps frame how investors think about Fortinet’s…
