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Quote.Descriptions.analyst-ratings.
1calculated from analyst ratings
The latest price target for Fortinet (NASDAQ:FTNT) was reported by Baird on November 13, 2024. The analyst firm set a price target for $95.00 expecting FTNT to rise to within 12 months (a possible 0.26% upside). 87 analyst firms have reported ratings in the last year.
The latest analyst rating for Fortinet (NASDAQ:FTNT) was provided by Baird, and Fortinet maintained their outperform rating.
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.
The last downgrade for Fortinet Inc happened on October 17, 2024 when Mizuho changed their price target from $68 to $68 for Fortinet Inc.
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 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.
While ratings are subjective and will change, the latest Fortinet (FTNT) rating was a maintained with a price target of $88.00 to $95.00. The current price Fortinet (FTNT) is trading at is $94.75, which is within the analyst’s predicted range.
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