CRWDOct 29, 2026

Fortinet Tumbles 20% as Service Revenue Forecast Cut Overshadows Beat; Palo Alto Drops 5%, CrowdStrike Falls 4%

A lowered service revenue forecast is overshadowing an earnings beat and a higher billings outlook at Fortinet (NASDAQ:FTNT | FTNT Price Prediction), and the selloff after a big run is pulling the rest of cybersecurity down with it.

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Fortinet Tumbles 20% as Service Revenue Forecast Cut Overshadows Beat; Palo Alto Drops 5%, CrowdStrike Falls 4% | SharesLocker