Fortinet Launches FortiGate 1200G with ASIC-Accelerated Threat Protection, Available Q3
FTNT has more than doubled off its 52-week low of $70.12.
Summary
Fortinet unveiled the FortiGate 1200G with FortiSASE Outpost, featuring ASIC-accelerated threat protection and centralized policy across on-prem, edge, and cloud environments. The new appliance, equipped with 10/25/100G ports, will be available in Q3 2026. This launch follows the company's strong Q2 earnings beat and raised full-year guidance reported last week, reinforcing its product momentum in the high-performance firewall market. The 1200G targets large enterprises and service providers, potentially expanding Fortinet's addressable market and supporting its 19% revenue growth outlook.
At the time of this announcement, FTNT was trading at $165.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $118.8B. The 52-week trading range was $70.12 to $170.35. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.