Fortinet drags down cybersecurity stocks as the company's service revenue forecast misses estimates
Published . Updated .
This report is about cybersecurity.
Directly affected
- FTNT Fortinet+1.0% 30d
Named in this report.
Indirectly affected
- CIBR First Trust NASDAQ Cybersecurity ETF+6.1% 30d
First Trust NASDAQ Cybersecurity ETF: it holds cybersecurity firms. Linked by “cybersecurity” (cybersecurity) in this story.
- CRWD CrowdStrike Holdings+19.4% 15d
CrowdStrike Holdings (prepackaged software): hacks and breaches raise demand for security software. Linked by “cybersecurity” (cybersecurity) in this story.
- PANW Palo Alto Networks+5.2% 30d
Palo Alto Networks (computer peripheral equipment): hacks and breaches raise demand for security software. Linked by “cybersecurity” (cybersecurity) in this story.
- XLK Technology Select Sector SPDR+9.1% 16d
Technology Select Sector SPDR holds the technology sector that Fortinet belongs to, so it often moves with news about it.
- LOGI Logitech International S.A-2.1% 18d
Logitech International S.A is a peer of Fortinet in computer peripheral equipment; rivals often move on the same news.
- AAPL Apple+2.0% 30d
Apple is a large technology company like Fortinet; big names in a sector often move together.
- CSCO Cisco Systems+0.1% 30d
Cisco Systems is a large technology company like Fortinet; big names in a sector often move together.
- DELL Dell Technologies-16.1% 30d
Dell Technologies is a large technology company like Fortinet; big names in a sector often move together.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| FTNT | -0.71% | +5.24% | base | after close | after close | after close | after close |
| CIBRNo price data for this ticker | — | — | — | — | — | — | — |
| CRWDNo price data for this ticker | — | — | — | — | — | — | — |
| PANWNo price data for this ticker | — | — | — | — | — | — | — |
| XLKNo price data for this ticker | — | — | — | — | — | — | — |
| LOGINo price data for this ticker | — | — | — | — | — | — | — |
| AAPLNo price data for this ticker | — | — | — | — | — | — | — |
| CSCONo price data for this ticker | — | — | — | — | — | — | — |
| DELLNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Fortinet drags down cybersecurity stocks as the company's service revenue forecast misses estimates Yahoo Finance
Source: Yahoo Finance
This story
| Company | When | Move | Status |
|---|---|---|---|
| FTNT | three days earlier | +5.24% | final price |
| FTNT | five days earlier | -0.71% | final price |
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, sold Fortinet (FTNT), worth $500,001 - $1,000,000 on 21 Aug 2026. That is 69 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold CrowdStrike Holdings (CRWD), worth $100,001 - $250,000 on 21 Aug 2026. That is 69 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought CrowdStrike Holdings (CRWD), worth $1,001 - $15,000 on 7 Aug 2026. That is 83 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Palo Alto Networks (PANW), worth $15,001 - $50,000 on 28 Aug 2026. That is 62 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Palo Alto Networks (PANW), worth $500,001 - $1,000,000 on 21 Aug 2026. That is 69 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. John J McGuire III sold Palo Alto Networks (PANW) (held by a spouse), worth $1,001 - $15,000 on 31 Jul 2026. That is 90 days before publication. Filed 10 Aug 2026. View the filing.
- Rep. Pete Sessions sold Apple (AAPL) (held by a spouse), worth $100,001 - $250,000 on 22 Sep 2026. That is 37 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Cleo Fields bought Apple (AAPL), worth $1,001 - $15,000 on 8 Sep 2026. That is 51 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Kevin Hern sold Apple (AAPL) (held by a dependent child), worth $1,001 - $15,000 on 8 Sep 2026. That is 51 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Cisco Systems (CSCO) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 34 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Cisco Systems (CSCO), worth $15,001 - $50,000 on 24 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Cisco Systems (CSCO), worth $1,001 - $15,000 on 24 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Fortinet drags down cybersecurity stocks as the company's service revenue forecast misses estimates” scores 12 out of 100. The score uses 1 sources.