Fortinet Inc.’s stock value plummeted 26% after the company revealed it was 40-50% through its 2026 firewall refresh cycle, exceeding analysts’ expectations and sparking concerns about its future revenue streams.

Fortinet’s stock price plummeted 26% after Q2 results revealed the company is ahead of schedule on its 2026 firewall refresh cycle, prompting analyst downgrades and investor concerns.

Fortinet Inc. reported a 14% year-over-year revenue growth in Q2 2025, driven by strong performance in its Unified Secure Access Service Edge and Security Operations segments.

Fortinet’s stock has plummeted despite strong quarterly earnings, leaving investors and analysts puzzled by the company’s cautious outlook and mixed market reactions.

Fortinet’s stock has plummeted despite strong quarterly results, raising concerns about the company’s growth prospects and investor confidence.

Fortinet, a leading cybersecurity company, is navigating the rapidly evolving cybersecurity landscape with AI-powered defenses and a strong financial outlook, positioning it for continued growth and success.