AI Sales Push Fortinet Shares to New Heights

Fortinet's shares have soared to new heights due to strong AI sales, according to the company's Q2 fiscal 2026 earnings report. Net revenue rose 26% year-over-year to $2.05 billion, with AI-related business growing 25%. Non-GAAP per-share earnings increased 41% to $0.90. Looking ahead, the company forecasts up to $8.18 billion in annual revenue, a 19% gain.

This surge in demand for AI solutions has caught the attention of institutional investors, as evidenced by strong trading volumes. MoneyFlows data shows that Big Money investors are once again pouring resources into the stock. The company's fundamentals are robust, with a history of strong financial performance, making it a compelling investment option.

While Big Money buying isn't unprecedented for Fortinet, the combination of strong sales, healthy fundamentals, and growing institutional support makes this stock a notable pick for diversification.