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Fortinet

FTNTNASDAQ
Logo brought to you by Benzinga Data
$94.23
0.180.19%
At close: -
$94.51
0.280.30%
After Hours: Jan 17, 7:59 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$120.00
Lowest Price Target1
$60.00
Consensus Price Target1
$96.48

Fortinet (NASDAQ:FTNT) Stock, Analyst Ratings, Price Targets, Forecasts

Fortinet Inc has a consensus price target of $96.48 based on the ratings of 32 analysts. The high is $120 issued by Piper Sandler on January 6, 2025. The low is $60 issued by DZ Bank on February 8, 2024. The 3 most-recent analyst ratings were released by Citigroup, Piper Sandler, and Goldman Sachs on January 17, 2025, January 6, 2025, and January 2, 2025, respectively. With an average price target of $111.67 between Citigroup, Piper Sandler, and Goldman Sachs, there's an implied 18.15% upside for Fortinet Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Sep 24
3
2
1
Oct 24
13
7
Nov 24
1
1
1
Dec 24
2
2
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
Piper Sandler
Goldman Sachs
Jefferies
Keybanc

1calculated from analyst ratings

Analyst Ratings for Fortinet

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Fortinet (FTNT) stock?

A

The latest price target for Fortinet (NASDAQ:FTNT) was reported by Citigroup on January 17, 2025. The analyst firm set a price target for $101.00 expecting FTNT to rise to within 12 months (a possible 6.87% upside). 100 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Fortinet (FTNT)?

A

The latest analyst rating for Fortinet (NASDAQ:FTNT) was provided by Citigroup, and Fortinet maintained their neutral rating.

Q

When was the last upgrade for Fortinet (FTNT)?

A

The last upgrade for Fortinet Inc happened on January 6, 2025 when Piper Sandler raised their price target to $120. Piper Sandler previously had a neutral for Fortinet Inc.

Q

When was the last downgrade for Fortinet (FTNT)?

A

The last downgrade for Fortinet Inc happened on January 14, 2025 when Raymond James changed their price target from N/A to N/A for Fortinet Inc.

Q

When is the next analyst rating going to be posted or updated for Fortinet (FTNT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fortinet, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fortinet was filed on January 17, 2025 so you should expect the next rating to be made available sometime around January 17, 2026.

Q

Is the Analyst Rating Fortinet (FTNT) correct?

A

While ratings are subjective and will change, the latest Fortinet (FTNT) rating was a maintained with a price target of $100.00 to $101.00. The current price Fortinet (FTNT) is trading at is $94.51, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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