FTNT - Fortinet - Stock Forecast

Technology - Sector

Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

FTNT is currently covered by 30 analysts with an average price target of $96.83. This is a potential upside of $3.61 (3.87%) from yesterday's end of day stock price of $93.22.

Fortinet's activity chart (see below) currently has 538 price targets and 489 ratings on display. The stock rating distribution of FTNT is 59.04% BUY, 38.83% HOLD and 2.13% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 94.32% with an average time for these price targets to be met of 185.79 days.

Highest price target for FTNT is $111, Lowest price target is $64, average price target is $96.83.

Most recent stock forecast was given by STEPHEN BERSEY from HSBC on 11-Nov-2024. First documented stock forecast 11-Apr-2013.

Overview

Fortinet provides a range of integrated and automated cybersecurity solutions.

Products

Fortinet’s flagship product is the FortiGate firewall, which offers a wide range of security and networking functions, including intrusion prevention, anti-malware, virtual private network (VPN), application control, web filtering, anti-spam, and wide area network (WAN) acceleration.

The FortiGate platform provides a unified approach to security, allowing organizations to manage their network security and connectivity needs.

Fortinet also offers a range of other security products, including:

FortiAP product family for secure wireless networking solutions.
FortiExtender hardware appliance for remote access solutions.
FortiAnalyzer product family for centralized network logging, analyzing, and reporting solutions.
FortiManager product family for central and scalable management of its FortiGate products.

Fortinet’s FortiWeb product family provides web application firewall solutions:

FortiMail product family offers secure email gateway solutions.
FortiSandbox technology delivers proactive detection and mitigation services.
FortiClient provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall.
FortiToken and FortiAuthenticator product families offer multi-factor authentication to safeguard systems, assets, and data.
FortiEDR/XDR provides an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection.

Services

Fortinet provides security subscription, technical support, professional, and training services.

Fortinet has formed strategic alliances with other technology companies to provide integrated security solutions. For example, the company has a strategic alliance with Linksys, which enables the two companies to deliver integrated security solutions for small and medium-sized businesses.