Fortinet: 3 Key Takeaways for Long-Term Investors

Fortinet raised its full-year 2026 billings guidance following strong Q3 earnings, driven by accelerating large enterprise deals (51% growth for deals over $1M), expanding SASE platform adoption (31% YoY growth), and surging operational technology billings (nearly 40% growth). The company is positioned to benefit from growing AI-driven cybersecurity threats and expects 2027 revenue growth to outpace its addressable market.