logo
#

Latest news with #FortiGate700G

FTNT vs. CHKP: Which Network Security Stock is the Better Pick?
FTNT vs. CHKP: Which Network Security Stock is the Better Pick?

Yahoo

time09-07-2025

  • Business
  • Yahoo

FTNT vs. CHKP: Which Network Security Stock is the Better Pick?

The cybersecurity landscape continues to evolve rapidly, with network security remaining a critical priority for enterprises worldwide. Two industry stalwarts, Fortinet FTNT and Check Point Software Technologies CHKP, have established themselves as leading providers of network security solutions, each offering comprehensive platforms designed to protect organizations from increasingly sophisticated companies operate in the competitive network security space, providing firewall solutions, secure access service edge (SASE) platforms, and AI-driven security operations. Their recent quarterly results showcase different trajectories, with Fortinet demonstrating accelerated growth momentum while Check Point focuses on strategic transformation under new leadership. The timing for comparison is particularly relevant as both firms navigate macro uncertainties while positioning themselves for the next phase of cybersecurity delve deep and closely compare the fundamentals of the two stocks to determine which one is a better investment now. Fortinet's recent performance demonstrates exceptional momentum across multiple business segments, positioning the company for sustained growth throughout 2025. The company's unified SASE strategy is gaining significant traction, with security service building growth exceeding 110% and unified SASE now representing 25% of total business. This remarkable expansion reflects strong market demand for Fortinet's integrated approach to secure company's Quantum Force appliances continue to drive impressive results, with product revenues growing 14% year over year. Fortinet's leadership in SD-WAN adoption is particularly noteworthy, with 73% of large enterprise customers having adopted their SD-WAN solution, creating a natural pathway for FortiSASE expansion. The FortiSASE penetration among large enterprises increased nearly 10% quarter over quarter to 11%, indicating robust adoption AI-driven secure operations segment grew 29%, accounting for 10% of business, while maintaining strong operational efficiency with a record first-quarter operating margin of 34%. The company's financial performance is equally compelling, with a record free cash flow of $783 million and a margin of 51%. Looking ahead, Fortinet is well-positioned to benefit from the anticipated firewall refresh cycle gaining momentum in the second half of 2025, supported by its recently announced FortiGate 700G series delivering superior price-performance advantages over Zacks Consensus Estimate for 2025 earnings is pegged at $2.48 per share, indicating 4.64% growth year-over-year. Fortinet, Inc. price-consensus-chart | Fortinet, Inc. Quote Find the latest earnings estimates and surprises on Zacks Earnings Calendar. Check Point presents a solid foundation with steady performance and strategic initiatives aimed at reinvigorating growth. The company's Quantum Force appliances showed continued strong demand, driving revenues above the midpoint of guidance ranges. Check Point's Infinity platform demonstrated healthy momentum, with revenues exceeding 15% of total revenues and strong double-digit growth year over new CEO Nadav Zafrir's leadership, the company is implementing a comprehensive transformation strategy focused on accelerating growth and enhancing go-to-market capabilities. The strategic partnership with Wiz represents a pragmatic approach to cloud security, allowing Check Point to focus resources on core competencies like SASE while leveraging best-of-breed partnerships. Check Point's SASE strategy emphasizes a hybrid approach, potentially offering advantages in enterprise environments requiring both on-premises and cloud flexibility. The company maintains strong operational metrics with an 88% gross margin and 41% operating margin, demonstrating efficient business operations. However, revenue growth of 7% lags industry peers, and the company faces execution challenges in scaling newer growth initiatives. The formation of a new workforce division targeting SaaS solutions shows promise, though results remain to be proven in the coming Zacks Consensus Estimate for 2025 earnings is pegged at $9.91 per share, indicating 8.91% growth year-over-year. Check Point Software Technologies Ltd. price-consensus-chart | Check Point Software Technologies Ltd. Quote Fortinet has demonstrated superior stock performance with shares gaining 11.6% in three months, outperforming CHKP's growth of 5.8%. Both stocks have underperformed the broader Zacks Computer and Technology sector. Image Source: Zacks Investment Research Both stocks trade at premium valuations reflecting their market-leading positions in network security. Fortinet commands a significant valuation premium with a price-to-sales ratio of 11.5x compared to CHKP's 8.91x multiple. Fortinet's valuation premium appears more justified given its superior growth trajectory and expanding market opportunities in SASE and AI-driven security operations. Check Point's valuation reflects market confidence in the new leadership's transformation strategy, though execution risks remain elevated during this transition period. Image Source: Zacks Investment Research Fortinet emerges as the superior investment choice for 2025, offering stronger revenue growth momentum, a better-positioned SASE strategy, and clearer catalysts, including the firewall refresh cycle. The company's unified platform approach, superior financial performance, and expanding market share in key growth segments provide compelling upside potential. While Check Point offers stability and transformation potential under new leadership, execution risks and a slower growth trajectory suggest that investors should consider holding existing positions or waiting for more attractive entry points. Fortinet's operational excellence, strategic positioning, and growth acceleration make it the preferred pick for investors seeking cybersecurity exposure in the current environment. FTNT currently carries a Zacks Rank #2 (Buy), whereas CHKP has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Check Point Software Technologies Ltd. (CHKP) : Free Stock Analysis Report Fortinet, Inc. (FTNT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio

Fortinet Launches FortiGate 700G Series Firewalls For Campus Networks
Fortinet Launches FortiGate 700G Series Firewalls For Campus Networks

Channel Post MEA

time21-05-2025

  • Business
  • Channel Post MEA

Fortinet Launches FortiGate 700G Series Firewalls For Campus Networks

Fortinet has announced the FortiGate 700G series, a next-generation firewall (NGFW) purpose-built for the modern campus. Powered by Fortinet's proprietary Network Processor 7 (NP7), Security Processor 5 (SP5) ASIC, and FortiOS, Fortinet's unified operating system, the FortiGate 700G series delivers up to 7x higher firewall throughput, 4x better threat protection, and 7x lower power consumption than competitor offerings. With support for advanced networking, FortiGuard AI-Powered Security Services, and new FortiOS enhancements, including post-quantum cryptography readiness, FortiAI-Protect for AI-driven threat detection, and generative AI (GenAI) risk assessment, the FortiGate 700G helps organizations reduce risk, optimize performance, and future-proof hybrid IT environments. 'With the FortiGate 700G series, we're delivering more than just industry-leading performance that customers have come to expect from Fortinet—we're equipping organizations with advanced capabilities to stay ahead of current and emerging cyberthreats,' said Nirav Shah, Senior Vice President, Products and Solutions, at Fortinet. 'From AI-powered threat detection and GenAI risk mitigation with FortiAI-Protect to post-quantum cryptography readiness built into FortiOS, this new next-generation firewall series helps our customers consolidate infrastructure, reduce cyber risk, and confidently build for the future.' FortiGate 700G: Industry-leading Performance with AI-Powered Security Today's enterprises are under pressure to scale operations, secure expanding attack surfaces, and manage increasingly sophisticated cyberthreats while reducing costs and maintaining efficiency. The FortiGate 700G series is engineered to meet these demands, offering: Unmatched performance and security: Delivering 7x higher firewall throughput (164 Gbps) and 4x better threat protection (26 Gbps) than the industry average, the FortiGate 700G series ensures businesses maintain high-speed, secure operations. Delivering 7x higher firewall throughput (164 Gbps) and 4x better threat protection (26 Gbps) than the industry average, the FortiGate 700G series ensures businesses maintain high-speed, secure operations. Energy resilience through ultra-efficient design: The FortiGate 700G series enables continuous security even in energy-constrained or sustainability-focused environments. Consuming 7x fewer watts per Gbps than the industry average, the FortiGate 700G series sets the standard for energy efficiency and significantly reduces operational costs. The FortiGate 700G series enables continuous security even in energy-constrained or sustainability-focused environments. Consuming 7x fewer watts per Gbps than the industry average, the FortiGate 700G series sets the standard for energy efficiency and significantly reduces operational costs. Enhanced threat detection and response with AI-powered security: As attackers increasingly weaponize AI and automate cyberattacks, FortiGuard AI-Powered Security Services, enhanced by FortiAI-Protect, enables organizations to detect and block emerging, unknown, and increasingly sophisticated threats. FortiAI-Protect also delivers contextual risk assessments and enforces access controls for third-party GenAI applications, providing visibility into shadow AI usage across business groups and helping improve the overall data security posture of organizations. As attackers increasingly weaponize AI and automate cyberattacks, FortiGuard AI-Powered Security Services, enhanced by FortiAI-Protect, enables organizations to detect and block emerging, unknown, and increasingly sophisticated threats. FortiAI-Protect also delivers contextual risk assessments and enforces access controls for third-party GenAI applications, providing visibility into shadow AI usage across business groups and helping improve the overall data security posture of organizations. Post-quantum cryptography readiness: New FortiOS capabilities help protect sensitive data against quantum-era threats by enabling quantum-resistant encryption, algorithm stacking for enhanced protection, and a seamless transition to post-quantum security, ideal for organizations in finance, healthcare, government, and other sectors handling long-term sensitive information. New FortiOS capabilities help protect sensitive data against quantum-era threats by enabling quantum-resistant encryption, algorithm stacking for enhanced protection, and a seamless transition to post-quantum security, ideal for organizations in finance, healthcare, government, and other sectors handling long-term sensitive information. Support for a wide range of network interfaces, ranging from 5GE to 25GE: Ensuring the flexibility to connect various devices and topologies, the FortiGate 700G series enables organizations to seamlessly adapt to developing technologies and accommodate future upgrades without costly overhauls. Ensuring the flexibility to connect various devices and topologies, the FortiGate 700G series enables organizations to seamlessly adapt to developing technologies and accommodate future upgrades without costly overhauls. Deeper protections for critical system files: FortiSentry is a unique out-of-band hardware module that provides continuous, non-intrusive file-system monitoring, adding another layer of protection to detect and prevent unauthorized access to critical system files. 0 0

Fortinet Expands Hybrid Mesh Firewall Portfolio with FortiGate 700G
Fortinet Expands Hybrid Mesh Firewall Portfolio with FortiGate 700G

Yahoo

time07-05-2025

  • Business
  • Yahoo

Fortinet Expands Hybrid Mesh Firewall Portfolio with FortiGate 700G

Fortinet, Inc. New FortiGate series delivers scalable, high-performance security for the modern campus, now enhanced with FortiOS post-quantum capabilities and FortiAI-Protect for advanced threat detection and GenAI risk mitigation SUNNYVALE, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the FortiGate 700G series, a next-generation firewall (NGFW) purpose-built for the modern campus. Powered by Fortinet's proprietary Network Processor 7 (NP7), Security Processor 5 (SP5) ASIC, and FortiOS, Fortinet's unified operating system, the FortiGate 700G series delivers up to 7x higher firewall throughput, 4x better threat protection, and 7x lower power consumption than competitor offerings. With support for advanced networking, FortiGuard AI-Powered Security Services, and new FortiOS enhancements, including post-quantum cryptography readiness, FortiAI-Protect for AI-driven threat detection, and generative AI (GenAI) risk assessment, the FortiGate 700G helps organizations reduce risk, optimize performance, and future-proof hybrid IT environments. 'With the FortiGate 700G series, we're delivering more than just industry-leading performance that customers have come to expect from Fortinet—we're equipping organizations with advanced capabilities to stay ahead of current and emerging cyberthreats,' said Nirav Shah, Senior Vice President, Products and Solutions, at Fortinet. 'From AI-powered threat detection and GenAI risk mitigation with FortiAI-Protect to post-quantum cryptography readiness built into FortiOS, this new next-generation firewall series helps our customers consolidate infrastructure, reduce cyber risk, and confidently build for the future.' FortiGate 700G: Industry-leading Performance with AI-Powered Security Today's enterprises are under pressure to scale operations, secure expanding attack surfaces, and manage increasingly sophisticated cyberthreats while reducing costs and maintaining efficiency. The FortiGate 700G series is engineered to meet these demands, offering:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store