Comments
Loading...

Fortinet

FTNTNASDAQ
Logo brought to you by Benzinga Data
$93.80
1.351.46%
Pre-Market: 9:06 AM EDT
Consensus Rating1
Neutral
Highest Price Target1
$111.00
Lowest Price Target1
$60.00
Consensus Price Target1
$89.70

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

Fortinet Inc has a consensus price target of $89.7 based on the ratings of 33 analysts. The high is $111 issued by HSBC on November 11, 2024. The low is $60 issued by DZ Bank on February 8, 2024. The 3 most-recent analyst ratings were released by Truist Securities, Scotiabank, and Rosenblatt on November 20, 2024, respectively. With an average price target of $105 between Truist Securities, Scotiabank, and Rosenblatt, there's an implied 11.94% upside for Fortinet Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
3
Jul
4
7
Aug
1
Sep
3
2
1
Oct
13
7
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.7
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
Scotiabank
Rosenblatt
B of A Securities
Wedbush

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 Truist Securities on November 20, 2024. The analyst firm set a price target for $105.00 expecting FTNT to rise to within 12 months (a possible 11.94% 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 Truist Securities, and Fortinet reiterated their buy rating.

Q

When was the last upgrade for Fortinet (FTNT)?

A

The last upgrade for Fortinet Inc happened on November 11, 2024 when HSBC raised their price target to $111. HSBC previously had a hold for Fortinet Inc.

Q

When was the last downgrade for Fortinet (FTNT)?

A

The last downgrade for Fortinet Inc happened on October 17, 2024 when Mizuho changed their price target from $68 to $68 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 November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.

Q

Is the Analyst Rating Fortinet (FTNT) correct?

A

While ratings are subjective and will change, the latest Fortinet (FTNT) rating was a reiterated with a price target of $85.00 to $105.00. The current price Fortinet (FTNT) is trading at is $93.80, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch