Fortinet stock took a sharp downturn on October 29, 2026. Financial projections were disappointing, and revenue growth was stagnant. Service sales grew by 13%, the weakest in several years. This led to a big two-day drop in the stock price. Investing.com Canada all reported the decline. BofA Securities cut its rating for Fortinet, adding to concerns. The stock's drop shows tough times in the software sector. Other companies like ServiceNow are also experiencing challenges.