Vi e w p o i n t | 22 Jul 2026 00:15:34 ET │ 25 pages Fortinet, Inc. (FTNT.O) C2Q26 Preview: A lot at Stake Here; Decomposing Detailed Bull/Bear Views CITI'S TAKE FTNT doubling YTD makes it the best-performing cyber (and top-decile- performing software) stock, which against peak valuation for a perceived cyclical hardware business at/near perceived peak trends, and low conviction on accelerating software trajectory is galvanizing bears. Into results (7/29) and what we believe is mixed investor sentiment/pos ...