Fortinet launched new FortiGate G series firewalls, enhancing cybersecurity with advanced performance, AI capabilities, and energy efficiency.
Quiver AI Summary
Fortinet has launched a new series of next-generation firewalls, the FortiGate 70G, 50G, and 30G, designed to enhance cybersecurity for distributed enterprises. These firewalls incorporate Fortinet's proprietary ASIC technology and the FortiOS operating system, delivering top-tier security along with exceptional performance. With features like AI-powered security services for real-time threat detection and automated cybersecurity operations assistance via FortiAI, the G series aims to help businesses scale their operations while reducing the risk of cyberattacks and minimizing operational costs and environmental impact. The company emphasizes its commitment to converging networking and security, ensuring that these firewalls integrate seamlessly into the Fortinet Security Fabric, ultimately empowering organizations to strengthen their cybersecurity strategies.
Potential Positives
- Fortinet has launched the new FortiGate G series next-generation firewalls, which provide industry-leading security and performance, addressing the growing technology and business demands of distributed enterprises.
- The FortiGate 70G model offers up to 11x higher IPsec VPN and 7x higher firewall throughput than the industry average, significantly enhancing operational efficiency for customers.
- Integration of AI-Powered Security Services allows for real-time threat detection and automated responses, improving the cybersecurity posture of customers against advanced cyber threats.
- The G series is designed with energy efficiency in mind, consuming significantly fewer watts per Gbps, which aligns with environmental sustainability goals and reduces operational costs for users.
Potential Negatives
- Despite introducing new technologies, the press release lacks specific information on the competitive landscape and how the FortiGate G series will differentiate itself in terms of pricing, which could raise concerns about market acceptance.
- The release does not address any potential vulnerabilities or security breaches associated with the new products, which may lead to skepticism regarding their reliability and robustness in the market.
- Failure to mention customer feedback or case studies can imply a lack of real-world validation, which is significant for prospective buyers assessing the reliability and effectiveness of the new firewall series.
FAQ
What are the new FortiGate G series firewalls?
The FortiGate G series includes FortiGate 70G, 50G, and 30G, designed for distributed enterprises' cybersecurity needs.
How does the FortiGate G series enhance cybersecurity?
The G series features AI-powered security, advanced networking, and superior performance to combat sophisticated cyberthreats.
What is unique about FortiAI in the G series?
FortiAI automates cybersecurity tasks, providing insights for threat detection and incident remediation to enhance security operations.
How does the G series reduce operational costs?
The G series minimizes power consumption while providing high throughput, which helps reduce overall operational costs.
What benefits does Fortinet's Security Fabric offer?
Fortinet's Security Fabric ensures end-to-end visibility and unified management, enhancing cybersecurity measures across all operations.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FTNT Insider Trading Activity
$FTNT insiders have traded $FTNT stock on the open market 49 times in the past 6 months. Of those trades, 2 have been purchases and 47 have been sales.
Here’s a breakdown of recent trading of $FTNT stock by insiders over the last 6 months:
- KEN XIE (PRESIDENT & CEO) has made 0 purchases and 30 sales selling 278,825 shares for an estimated $24,031,680.
- JOHN WHITTLE (CHIEF OPERATING OFFICER) has made 0 purchases and 3 sales selling 141,820 shares for an estimated $11,064,440.
- KEITH JENSEN (Chief Financial Officer) has made 0 purchases and 12 sales selling 94,840 shares for an estimated $8,141,940.
- MICHAEL XIE (VP, ENGINEERING & CTO) has made 0 purchases and 2 sales selling 24,712 shares for an estimated $1,948,883.
- WILLIAM H. NEUKOM has made 2 purchases buying 814 shares for an estimated $69,934 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$FTNT Hedge Fund Activity
We have seen 602 institutional investors add shares of $FTNT stock to their portfolio, and 505 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ removed 16,906,341 shares (-58.3%) from their portfolio in Q3 2024, for an estimated $1,311,086,744
- D. E. SHAW & CO., INC. added 4,136,381 shares (+205.6%) to their portfolio in Q3 2024, for an estimated $320,776,346
- MARSHALL WACE, LLP removed 3,479,120 shares (-55.8%) from their portfolio in Q3 2024, for an estimated $269,805,756
- JACOBS LEVY EQUITY MANAGEMENT, INC removed 3,231,567 shares (-75.5%) from their portfolio in Q3 2024, for an estimated $250,608,020
- FMR LLC added 2,705,767 shares (+276.3%) to their portfolio in Q3 2024, for an estimated $209,832,230
- BARCLAYS PLC removed 2,360,730 shares (-25.7%) from their portfolio in Q3 2024, for an estimated $183,074,611
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Full Release
News Summary
SUNNYVALE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Fortinet ® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the FortiGate 70G, FortiGate 50G, and FortiGate 30G , the latest G series next-generation firewalls (NGFWs) designed to meet the evolving technology and business demands of today’s distributed enterprises. Powered by Fortinet’s proprietary ASIC technology and the unified Fortinet operating system, FortiOS , the FortiGate G series delivers industry-leading security with unmatched performance. These features, combined with advanced networking support and FortiGuard AI-Powered Security Services , reduce the risk of successful cyberattacks and allow customers to future-proof IT infrastructure while minimizing operational costs and environmental impact.
“For nearly 25 years, we have set the standard for fortifying enterprise networks,” said Nirav Shah, Senior Vice President, Products and Solutions at Fortinet. “By completing the FortiGate G series with the latest ASIC and FortiOS innovation, we give distributed enterprises cutting-edge tools like AI-powered security services and GenAI for network and security operations centers without compromising performance or sustainability needs. Our customers trust that Fortinet will continue redefining the standard for next-generation firewalls by delivering superior security effectiveness, greater energy efficiency, and unmatched performance for years to come.”
FortiGate G Series: Industry-Leading Performance with AI-Powered Security
Today’s enterprises are under pressure to scale operations, secure expanding attack surfaces, and manage increasingly sophisticated cyberthreats while reducing costs and maintaining efficiency. The FortiGate G series is engineered to meet these demands, offering:
- Cutting-edge security with unmatched power efficiency: The FortiGate G series delivers superior protection without compromising performance. For example , the new FortiGate 70G delivers up to 11x higher IPsec VPN and 7x higher firewall throughput than the industry average while consuming 62x fewer watts per Gbps of IPsec VPN throughput and 42x fewer watts per Gbps of firewall throughput.
- Faster identification, containment, and mitigation of threats : FortiGuard AI-Powered Security Services provides real-time, automated threat detection and response to defend against advanced ransomware, malware, and zero-day exploits.
-
FortiAI for enhanced cybersecurity operations
: FortiAI, the Fortinet generative AI assistant, helps automate tasks, provides actionable insights, and improves threat detection. FortiGate customers can use FortiAI to support incident analysis, threat remediation, and playbook creation, empowering them to streamline security processes and strengthen their cybersecurity posture.
The power of the new FortiGate G series and FortiGuard AI-Powered Security Services is showcased in the below Security Compute Rating tables, which compare the top firewalls on the market against the target performance numbers of the FortiGate 70G, FortiGate 50G, and FortiGate 30G:
FortiGate 70G
Specification |
FortiGate
70G |
Security Compute Rating | Competitor Average | Check Point 1555 |
Cisco Meraki
MX68 |
Juniper
SRX 300 |
Palo Alto Networks
PA-410 |
Firewall (Gbps) | 10.0 | 7x | 1.5 | 2.0 | 0.7 | 1.9 | 1.4 |
IPsec VPN (Gbps) | 7.1 | 11x | 0.7 | 1.3 | 0.4 | 0.3 | 0.7 |
Threat Protection (Gbps) | 1.3 | 3x | 0.5 | 0.6 | 0.4 | 0.2 | 0.8 |
Concurrent Sessions | 1.4M | 4x | 376K | 1M | - | 64K | 64K |
Connections per Second | 100K | 10x | 10K | 14K | - | 5K | 11K |
Power Efficiency
|
FortiGate
70G |
Energy Savings | Competitor Average | Check Point 1555 |
Cisco Meraki
MX68 |
Juniper
SRX 300 |
Palo Alto Networks
PA-410 |
Max Power Consumption (Watts) | 8.9 | 4x | 35.0 | 17.9 | 79.0 | 24.9 | 18.0 |
Watts/Gbps Firewall Throughput | 0.9 | 42x | 36.9 | 9.0 | 112.9 | 13.1 | 12.9 |
Watts/Gbps IPsec VPN Throughput | 1.3 | 62x | 78.1 | 13.8 | 197.5 | 73.2 | 27.7 |
FortiGate 50G
Specification |
FortiGate
50G |
Security Compute Rating | Competitor Average |
Check Point
1535 |
Cisco Meraki
MX67 |
Juniper
SRX 300 |
Palo Alto Network PA-410 |
Firewall (Gbps) | 5.0 | 3x | 1.5 | 2.0 | 0.7 | 1.9 | 1.4 |
IPsec VPN (Gbps) | 4.5 | 8x | 0.6 | 1.0 | 0.4 | 0.3 | 0.7 |
Threat Protection (Gbps) | 1.1 | 2x | 0.5 | 0.4 | 0.4 | 0.2 | 0.8 |
Concurrent Sessions | 720K | 2x | 376K | 1M | - | 64K | 64K |
Connections per Second | 85K | 10x | 8.8K | 10.5K | - | 5K | 11K |
Power Efficiency
|
FortiGate
50G |
Energy Savings | Competitor Average |
Check Point
1535 |
Cisco Meraki
MX67 |
Juniper
SRX 300 |
Palo Alto Networks
PA-410 |
Max Power Consumption (Watts) | 8.9 | 2x | 18.7 | 17.9 | 14.0 | 24.9 | 18.0 |
Watts/Gbps Firewall Throughput | 1.8 | 8x | 13.7 | 9.0 | 20.0 | 13.1 | 12.9 |
Watts/Gbps IPsec VPN Throughput | 2.0 | 20x | 38.6 | 18.5 | 35.0 | 73.2 | 27.7 |
FortiGate 30G
Specification | FortiGate 30G | Security Compute Rating | Competitor Average | Barracudas F12 |
Cisco Meraki
Z4 |
SonicWall
TZ270 |
Watch Guard NV5 |
Firewall (Gbps) | 4.0 | 4x | 1.0 | 1.2 | 0.5 | 2.0 | 0.4 |
IPsec VPN (Gbps) | 3.5 | 10x | 0.4 | 0.2 | 0.3 | 0.8 | 0.2 |
Threat Protection (Gbps) | 0.5 | 1x | 0.4 | 0.2 | 0.3 | 0.8 | - |
Concurrent Sessions | 600K | 2x | 301K | 80K | - | 750K | 73K |
Connections per Second | 30K | 4x | 7.5K | 8K | - | 6K | 8.5K |
Power Efficiency
|
FortiGate 30G | Energy Savings | Competitor Average | Barracudas F12 |
Cisco Meraki
Z4 |
SonicWall
TZ270 |
Watch Guard NV5 |
Max Power Consumption (Watts) | 8.2 | 4x | 29.5 | 45.0 | 42.0 | 18.9 | 12.0 |
Watts/Gbps Firewall Throughput | 2.3 | 41x | 96.6 | 204.5 | - | 25.2 | 60.0 |
Watts/Gbps IPsec VPN Throughput | 16.4 | 7x | 120.3 | 195.7 | 140.0 | 25.2 | - |
- Threat protection performance is measured with firewall, IPS, application control and malware protection, and logging enabled.
- The numbers for competitive solutions are based on publicly available sources. Other vendors may have different testing methodologies.
- All power consumption values are taken from external data sheets and hardware system guides using maximum power consumption.
- Performance information is sourced from vendor datasheets published as of February 5, 2025.
Building a Strong Cybersecurity Platform Starts with the Firewall
Fortinet was founded on the principle of converging networking and security into a unified cybersecurity platform anchored by a single operating system. The
Fortinet Security Fabric
is the result of more than two decades of relentless focus on the company’s platform vision to provide customers with end-to-end visibility, unified management, and automated threat intelligence sharing. All FortiGate NGFWs, including the FortiGate G series, seamlessly integrate into the Fortinet Security Fabric so customers can build a secure foundation to advance their overall security measures from adopting secure access service edge (SASE) solutions to enhancing security operations with FortiAI. Fortinet empowers organizations to evolve their cybersecurity strategy, ensuring comprehensive protection and operational efficiency at every stage of their journey.
Additional Resources
- Learn more about the FortiGate G series.
- Read more about the Fortinet Security Fabric .
- Visit fortinet.com/trust to learn about Fortinet innovation, collaboration partners, product security processes, and enterprise-grade products.
- Read about how Fortinet customers are securing their organizations.
- Learn about Fortinet’s commitment to product security and integrity , including its responsible product development and vulnerability disclosure approach and policies.
- Follow Fortinet on X , LinkedIn , Facebook , and Instagram . Subscribe to Fortinet on our blog or YouTube .
About Fortinet
Fortinet
(Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The
Fortinet Training Institute
, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with
esteemed organizations
from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally.
FortiGuard Labs
, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at
https://www.fortinet.com
, the
Fortinet Blog
, and
FortiGuard Labs
.
Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.
Media Contact: | Investor Contact: | Analyst Contact: | |
Margaret Reeb
Fortinet, Inc. 408-235-7700 [email protected] |
Aaron Ovadia
Fortinet, Inc. 408-235-7700 [email protected] |
Brian Greenberg
Fortinet, Inc. 408-235-7700 [email protected] |