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$88.00
3.293.88%
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$88.50
0.500.57%
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Fortinet Analyst Ratings and Price Targets | NASDAQ:FTNT | Benzinga
Fortinet Inc has a consensus price target of $105.72 based on the ratings of 32 analysts. The high is $135 issued by Scotiabank on February 7, 2025. The low is $67 issued by Evercore ISI Group on May 3, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., Jefferies, and Morgan Stanley on April 1, 2025, March 31, 2025, and March 18, 2025, respectively. With an average price target of $112 between Stephens & Co., Jefferies, and Morgan Stanley, there's an implied 26.55% upside for Fortinet Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Stephens & Co.
Jefferies
Morgan Stanley
Susquehanna
RBC Capital
1calculated from analyst ratings
Analyst Ratings for Fortinet
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 04/01/2025 | Buy Now | 22.03% | Stephens & Co. | Todd Weller 21% | → $108 | Initiates | → Equal-Weight | Get Alert |
| 03/31/2025 | Buy Now | 18.64% | Jefferies | Joseph Gallo68% | $115 → $105 | Maintains | Hold | Get Alert |
| 03/18/2025 | Buy Now | 38.98% | Morgan Stanley | Hamza Fodderwala74% | $113 → $123 | Maintains | Overweight | Get Alert |
| 02/10/2025 | Buy Now | 24.29% | Susquehanna | Shyam Patil65% | $90 → $110 | Maintains | Neutral | Get Alert |
| 02/07/2025 | Buy Now | 29.94% | RBC Capital | Dan Bergstrom40% | $97 → $115 | Maintains | Sector Perform | Get Alert |
| 02/07/2025 | Buy Now | 29.94% | Cantor Fitzgerald | Jonathan Ruykhaver67% | $110 → $115 | Maintains | Neutral | Get Alert |
| 02/07/2025 | Buy Now | 46.89% | Goldman Sachs | Gabriela Borges61% | $114 → $130 | Maintains | Buy | Get Alert |
| 02/07/2025 | Buy Now | 52.54% | Scotiabank | Patrick Colville53% | $115 → $135 | Maintains | Sector Outperform | Get Alert |
| 02/07/2025 | Buy Now | — | Guggenheim | John Difucci65% | — | Reiterates | Neutral → Neutral | Get Alert |
| 02/07/2025 | Buy Now | 29.94% | Stifel | Adam Borg68% | $103 → $115 | Maintains | Hold | Get Alert |
| 02/07/2025 | Buy Now | 18.64% | Wells Fargo | Andrew Nowinski62% | $85 → $105 | Maintains | Equal-Weight | Get Alert |
| 02/07/2025 | Buy Now | 52.54% | Piper Sandler | Rob Owens81% | $120 → $135 | Reiterates | Overweight → Overweight | Get Alert |
| 02/07/2025 | Buy Now | 41.24% | Rosenblatt | Catharine Trebnick65% | $115 → $125 | Maintains | Buy | Get Alert |
| 02/07/2025 | Buy Now | — | Needham | Matt Dezort22% | — | Reiterates | Hold → Hold | Get Alert |
| 02/04/2025 | Buy Now | 24.29% | Cantor Fitzgerald | Jonathan Ruykhaver67% | $95 → $110 | Maintains | Neutral | Get Alert |
| 02/03/2025 | Buy Now | 26.55% | Baird | Shrenik Kothari71% | $105 → $112 | Downgrade | Outperform → Neutral | Get Alert |
| 01/24/2025 | Buy Now | — | Guggenheim | John Difucci65% | — | Reiterates | Neutral → Neutral | Get Alert |
| 01/21/2025 | Buy Now | 29.94% | Rosenblatt | Catharine Trebnick65% | $100 → $115 | Maintains | Buy | Get Alert |
| 01/21/2025 | Buy Now | 29.94% | Scotiabank | Patrick Colville53% | $110 → $115 | Maintains | Sector Outperform | Get Alert |
| 01/17/2025 | Buy Now | 14.12% | Citigroup | Fatima Boolani71% | $100 → $101 | Maintains | Neutral | Get Alert |
| 01/14/2025 | Buy Now | — | Raymond James | Adam Tindle67% | — | Downgrade | Outperform → Market Perform | Get Alert |
| 01/06/2025 | Buy Now | 35.59% | Piper Sandler | Rob Owens81% | $100 → $120 | Upgrade | Neutral → Overweight | Get Alert |
| 01/02/2025 | Buy Now | 28.81% | Goldman Sachs | Gabriela Borges61% | $100 → $114 | Maintains | Buy | Get Alert |
| 12/19/2024 | Buy Now | 18.64% | Jefferies | Joseph Gallo68% | $95 → $105 | Maintains | Hold | Get Alert |
| 12/19/2024 | Buy Now | 29.94% | Keybanc | Eric Heath56% | → $115 | Upgrade | Sector Weight → Overweight | Get Alert |
| 12/18/2024 | Buy Now | 16.38% | Stifel | Adam Borg68% | $90 → $103 | Maintains | Hold | Get Alert |
| 12/16/2024 | Buy Now | 18.64% | JP Morgan | Brian Essex65% | $99 → $105 | Maintains | Neutral | Get Alert |
| 12/13/2024 | Buy Now | -11.86% | Mizuho | Gregg Moskowitz68% | $68 → $78 | Maintains | Underperform | Get Alert |
| 11/22/2024 | Buy Now | — | Needham | Matt Dezort22% | — | Reiterates | → Hold | Get Alert |
| 11/20/2024 | Buy Now | 18.64% | Truist Securities | Joel Fishbein72% | $85 → $105 | Reiterates | Buy → Buy | Get Alert |
| 11/20/2024 | Buy Now | 24.29% | Scotiabank | Patrick Colville53% | $85 → $110 | Maintains | Sector Outperform | Get Alert |
| 11/20/2024 | Buy Now | 12.99% | Rosenblatt | Catharine Trebnick65% | $90 → $100 | Maintains | Buy | Get Alert |
| 11/19/2024 | Buy Now | 17.51% | B of A Securities | Tal Liani74% | $87 → $104 | Maintains | Buy | Get Alert |
| 11/19/2024 | Buy Now | 18.64% | Wedbush | Daniel Ives78% | $90 → $105 | Maintains | Outperform | Get Alert |
| 11/19/2024 | Buy Now | 12.99% | Piper Sandler | Rob Owens81% | $80 → $100 | Maintains | Neutral | Get Alert |
| 11/19/2024 | Buy Now | 18.64% | TD Cowen | Shaul Eyal77% | $90 → $105 | Maintains | Buy | Get Alert |
| 11/19/2024 | Buy Now | 12.99% | BMO Capital | Keith Bachman79% | $88 → $100 | Reiterates | Market Perform → Market Perform | Get Alert |
| 11/19/2024 | Buy Now | 9.6% | RBC Capital | Dan Bergstrom40% | $82 → $97 | Maintains | Sector Perform | Get Alert |
| 11/19/2024 | Buy Now | -3.95% | Wells Fargo | Andrew Nowinski62% | $80 → $85 | Maintains | Equal-Weight | Get Alert |
| 11/19/2024 | Buy Now | 1.69% | Stifel | Adam Borg68% | $84 → $90 | Maintains | Hold | Get Alert |
| 11/19/2024 | Buy Now | 7.34% | Cantor Fitzgerald | Jonathan Ruykhaver67% | $88 → $95 | Maintains | Neutral | Get Alert |
| 11/19/2024 | Buy Now | 12.99% | Baird | Shrenik Kothari71% | $95 → $100 | Maintains | Outperform | Get Alert |
| 11/19/2024 | Buy Now | 19.77% | Morgan Stanley | Hamza Fodderwala74% | $105 → $106 | Maintains | Overweight | Get Alert |
| 11/19/2024 | Buy Now | 1.69% | Deutsche Bank | Brad Zelnick69% | $77 → $90 | Maintains | Hold | Get Alert |
| 11/13/2024 | Buy Now | 7.34% | Baird | Shrenik Kothari71% | $88 → $95 | Maintains | Outperform | Get Alert |
| 11/11/2024 | Buy Now | 25.42% | HSBC | Stephen Bersey62% | $83 → $111 | Upgrade | Hold → Buy | Get Alert |
| 11/11/2024 | Buy Now | — | Needham | Matt Dezort22% | — | Reiterates | → Hold | Get Alert |
| 11/08/2024 | Buy Now | 1.69% | Rosenblatt | Catharine Trebnick65% | $85 → $90 | Maintains | Buy | Get Alert |
| 11/08/2024 | Buy Now | 7.34% | Barclays | Saket Kalia76% | $85 → $95 | Maintains | Equal-Weight | Get Alert |
| 11/08/2024 | Buy Now | 7.34% | Raymond James | Adam Tindle67% | $85 → $95 | Maintains | Outperform | Get Alert |
| 11/08/2024 | Buy Now | -6.21% | UBS | Roger Boyd66% | $70 → $83 | Maintains | Neutral | Get Alert |
| 11/08/2024 | Buy Now | 1.69% | Wedbush | Daniel Ives78% | $78 → $90 | Maintains | Outperform | Get Alert |
| 11/08/2024 | Buy Now | -3.95% | Scotiabank | Patrick Colville53% | $75 → $85 | Maintains | Sector Outperform | Get Alert |
| 11/08/2024 | Buy Now | -9.6% | Piper Sandler | Rob Owens81% | $70 → $80 | Maintains | Neutral | Get Alert |
| 11/08/2024 | Buy Now | -0.56% | Baird | Shrenik Kothari71% | $80 → $88 | Maintains | Outperform | Get Alert |
| 10/31/2024 | Buy Now | -3.95% | Rosenblatt | Catharine Trebnick65% | $72 → $85 | Maintains | Buy | Get Alert |
| 10/29/2024 | Buy Now | -0.56% | Cantor Fitzgerald | Yi Fu Lee77% | $65 → $88 | Maintains | Neutral | Get Alert |
| 10/23/2024 | Buy Now | -3.95% | Truist Securities | Joel Fishbein72% | $70 → $85 | Maintains | Buy | Get Alert |
| 10/17/2024 | Buy Now | -23.16% | Mizuho | Gregg Moskowitz68% | $68 → $68 | Downgrade | Neutral → Underperform | Get Alert |
| 10/09/2024 | Buy Now | 1.69% | TD Cowen | Shaul Eyal77% | $75 → $90 | Maintains | Buy | Get Alert |
| 10/07/2024 | Buy Now | -3.95% | Barclays | Saket Kalia76% | $74 → $85 | Maintains | Equal-Weight | Get Alert |
| 09/13/2024 | Buy Now | -14.12% | Citigroup | Fatima Boolani71% | $66 → $76 | Maintains | Neutral | Get Alert |
| 08/08/2024 | Buy Now | -20.9% | Susquehanna | Shyam Patil65% | $65 → $70 | Maintains | Neutral | Get Alert |
| 08/07/2024 | Buy Now | -25.42% | Citigroup | Fatima Boolani71% | $65 → $66 | Maintains | Neutral | Get Alert |
| 08/07/2024 | Buy Now | -15.25% | Scotiabank | Patrick Colville53% | $61 → $70 | Maintains | Sector Outperform | Get Alert |
| 08/07/2024 | Buy Now | -26.55% | Cantor Fitzgerald | Yi Fu Lee77% | $55 → $65 | Maintains | Neutral | Get Alert |
| 08/07/2024 | Buy Now | -15.25% | Deutsche Bank | Brad Zelnick69% | $71 → $75 | Maintains | Hold | Get Alert |
| 08/07/2024 | Buy Now | -20.9% | JP Morgan | Brian Essex65% | $63 → $70 | Maintains | Neutral | Get Alert |
| 08/07/2024 | Buy Now | -18.64% | RBC Capital | Dan Bergstrom40% | $68 → $72 | Maintains | Sector Perform | Get Alert |
| 08/07/2024 | Buy Now | -9.6% | Baird | Shrenik Kothari71% | $75 → $80 | Maintains | Outperform | Get Alert |
| 08/07/2024 | Buy Now | -11.86% | Wedbush | Daniel Ives78% | $78 → $78 | Reiterates | Outperform → Outperform | Get Alert |
| 08/07/2024 | Buy Now | -14.12% | BMO Capital | Keith Bachman79% | $70 → $76 | Maintains | Market Perform | Get Alert |
| 08/07/2024 | Buy Now | -20.9% | UBS | Roger Boyd66% | $69 → $70 | Maintains | Neutral | Get Alert |
| 08/07/2024 | Buy Now | -27.68% | Wells Fargo | Andrew Nowinski62% | $62 → $64 | Maintains | Equal-Weight | Get Alert |
| 08/07/2024 | Buy Now | -18.64% | Rosenblatt | Catharine Trebnick65% | $68 → $72 | Maintains | Buy | Get Alert |
| 08/07/2024 | Buy Now | — | Needham | Matt Dezort22% | — | Reiterates | → Hold | Get Alert |
| 08/05/2024 | Buy Now | -23.16% | Rosenblatt | Catharine Trebnick65% | $85 → $68 | Maintains | Buy | Get Alert |
| 07/30/2024 | Buy Now | -26.55% | Citigroup | Fatima Boolani71% | $68 → $65 | Maintains | Neutral | Get Alert |
| 07/29/2024 | Buy Now | — | Guggenheim | John Difucci65% | — | Downgrade | Buy → Neutral | Get Alert |
| 07/18/2024 | Buy Now | -15.25% | TD Cowen | Shaul Eyal77% | → $75 | Upgrade | Hold → Buy | Get Alert |
| 07/17/2024 | Buy Now | -22.03% | Morgan Stanley | Hamza Fodderwala74% | $73 → $69 | Maintains | Overweight | Get Alert |
| 07/11/2024 | Buy Now | -20.9% | Barclays | Saket Kalia76% | $75 → $70 | Maintains | Equal-Weight | Get Alert |
| 06/25/2024 | Buy Now | -8.47% | Guggenheim | Raymond McDonough66% | $81 → $81 | Reiterates | Buy → Buy | Get Alert |
| 06/11/2024 | Buy Now | -3.95% | Rosenblatt | Catharine Trebnick65% | $85 → $85 | Maintains | Buy | Get Alert |
| 06/11/2024 | Buy Now | — | Needham | Matt Dezort22% | — | Reiterates | → Hold | Get Alert |
| 05/22/2024 | Buy Now | -11.86% | Wedbush | Daniel Ives78% | $78 → $78 | Reiterates | Outperform → Outperform | Get Alert |
| 05/06/2024 | Buy Now | -26.55% | Susquehanna | Shyam Patil65% | $80 → $65 | Maintains | Neutral | Get Alert |
| 05/03/2024 | Buy Now | -9.6% | Scotiabank | Patrick Colville53% | $90 → $80 | Maintains | Sector Outperform | Get Alert |
| 05/03/2024 | Buy Now | -28.81% | JP Morgan | Brian Essex65% | $67 → $63 | Maintains | Neutral | Get Alert |
| 05/03/2024 | Buy Now | -38.98% | HSBC | Stephen Bersey62% | $57 → $54 | Maintains | Reduce | Get Alert |
| 05/03/2024 | Buy Now | -29.94% | Wells Fargo | Andrew Nowinski62% | $70 → $62 | Maintains | Equal-Weight | Get Alert |
| 05/03/2024 | Buy Now | -23.16% | RBC Capital | Dan Bergstrom40% | $71 → $68 | Maintains | Sector Perform | Get Alert |
| 05/03/2024 | Buy Now | -17.51% | Morgan Stanley | Hamza Fodderwala74% | $81 → $73 | Maintains | Overweight | Get Alert |
| 05/03/2024 | Buy Now | -24.29% | Evercore ISI Group | Amit Daryanani69% | $72 → $67 | Maintains | In-Line | Get Alert |
| 05/03/2024 | Buy Now | -20.9% | BMO Capital | Keith Bachman79% | $82 → $70 | Maintains | Market Perform | Get Alert |
| 05/03/2024 | Buy Now | -37.85% | Cantor Fitzgerald | Yi Fu Lee77% | $65 → $55 | Maintains | Neutral | Get Alert |
| 05/03/2024 | Buy Now | -11.86% | Wedbush | Daniel Ives78% | $86 → $78 | Maintains | Outperform | Get Alert |
| 05/03/2024 | Buy Now | -15.25% | Barclays | Saket Kalia76% | $80 → $75 | Maintains | Equal-Weight | Get Alert |
| 05/03/2024 | Buy Now | -20.9% | Truist Securities | Joel Fishbein72% | $80 → $70 | Maintains | Buy | Get Alert |
| 05/03/2024 | Buy Now | -20.9% | Piper Sandler | Rob Owens81% | $75 → $70 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Fortinet (FTNT) stock?
The latest price target for Fortinet (NASDAQ:FTNT) was reported by Stephens & Co. on April 1, 2025. The analyst firm set a price target for $108.00 expecting FTNT to rise to within 12 months (a possible 22.03% upside). 100 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Fortinet (FTNT)?
The latest analyst rating for Fortinet (NASDAQ:FTNT) was provided by Stephens & Co., and Fortinet initiated their equal-weight rating.
When was the last upgrade for Fortinet (FTNT)?
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.
When was the last downgrade for Fortinet (FTNT)?
The last downgrade for Fortinet Inc happened on February 3, 2025 when Baird changed their price target from $105 to $112 for Fortinet Inc.
When is the next analyst rating going to be posted or updated for Fortinet (FTNT)?
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 April 1, 2025 so you should expect the next rating to be made available sometime around April 1, 2026.
Is the Analyst Rating Fortinet (FTNT) correct?
While ratings are subjective and will change, the latest Fortinet (FTNT) rating was a initiated with a price target of $0.00 to $108.00. The current price Fortinet (FTNT) is trading at is $88.50, which is within the analyst’s predicted range.
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