FTNT - Fortinet - Stock Forecast

Technology - Sector
Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

FTNT is currently covered by 29 analysts with an average price target of $111.27. This is a potential upside of $6.52 (6.22%) from yesterday's end of day stock price of $104.75.

Fortinet's activity chart (see below) currently has 621 price targets and 586 ratings on display. The stock rating distribution of FTNT is 50.51% BUY, 46.97% HOLD and 2.53% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 93.88% with an average time for these price targets to be met of 176.05 days.

Highest price target for FTNT is $135, Lowest price target is $78, average price target is $100.63.

Most recent stock forecast was given by DAN BERGSTROM from RBC on 08-May-2025. 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.

History

Fortinet was founded in 2000 and is headquartered in Sunnyvale, California.

Currently out of the existing stock ratings of FTNT, 100 are a BUY (50.51%), 93 are a HOLD (46.97%), 5 are a SELL (2.53%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Hold

$105

$0.41 (0.39%)

$115

11 days ago
(08-May-2025)

21/22 (95.45%)

$7.26 (7.43%)

54

Hold

$105

$0.41 (0.39%)

$83

11 days ago
(08-May-2025)

5/6 (83.33%)

$7.26 (7.43%)

65

Hold

$110

$5.41 (5.17%)

$100

11 days ago
(08-May-2025)

28/29 (96.55%)

$12.26 (12.54%)

111

Buy

$115

$10.41 (9.95%)

$135

11 days ago
(08-May-2025)

20/24 (83.33%)

$17.26 (17.66%)

139

Hold

$95

$-9.59 (-9.17%)

$115

11 days ago
(08-May-2025)

7/9 (77.78%)

$-2.74 (-2.80%)

102

Show more analysts

To gain access for the analyst/ stock price target chart please use a computer

What is FTNT (Fortinet) average time for price targets to be met?

On average it took 176.05 days on average for the stock forecasts to be realized with a an average price target met ratio 93.88

Which analyst has the current highest performing score on FTNT (Fortinet) with a proven track record?

PETER SAZEL

Which analyst has the most public recommendations on FTNT (Fortinet)?

Peter Sazel works at ATLANTIC EQUITIES and has 4 price targets and 2 ratings on FTNT

Which analyst is the currently most bullish on FTNT (Fortinet)?

Rob Owens with highest potential upside - $30.41

Which analyst is the currently most reserved on FTNT (Fortinet)?

Jayson Noland with lowest potential downside - -$99.64

Fortinet in the News

Fortinet price target lowered to $115 from $135 at Scotiabank

Scotiabank lowered the firm’s price target on Fortinet (FTNT) to $115 from $135 and keeps an Outperform rating on the shares. The company reported a “solid” Q1 billings performance, with management stating the U.S.-China tariffs did not impact fundamentals this quarter, the analyst tells investors. The firm continues to favor the company as a high-quality...

Fortinet, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Last week, you might have seen that Fortinet, Inc. (NASDAQ:FTNT) released its first-quarter result to the market. The early response was not positive, with shares down 6.2% to US$97.74 in the past week. Revenues were US$1.5b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at US$0.56,...
Show more

To continue looking at which analysts cover the stock please register to the basic or advanced membership

What is AnaChart?