NASDAQ:FTNT - Fortinet Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $185.90
  • Forecasted Upside: -18.80 %
  • Number of Analysts: 22
  • Breakdown:
  • 3 Sell Ratings
  • 9 Hold Ratings
  • 10 Buy Ratings
  • 0 Strong Buy Ratings
$228.94
▼ -0.01 (0.00%)
1 month | 3 months | 12 months
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Analyst Price Target for FTNT

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$185.90
▼ -18.80% Downside Potential
This price target is based on 22 analysts offering 12 month price targets for Fortinet in the last 3 months. The average price target is $185.90, with a high forecast of $240.00 and a low forecast of $104.00. The average price target represents a -18.80% upside from the last price of $228.94.

Hold

The current consensus among 22 investment analysts is to hold stock in Fortinet. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 11 buy ratings
  • 10 hold ratings
  • 2 sell ratings
12/21/2019
  • 0 strong buy ratings
  • 13 buy ratings
  • 11 hold ratings
  • 2 sell ratings
3/20/2020
  • 0 strong buy ratings
  • 13 buy ratings
  • 11 hold ratings
  • 2 sell ratings
6/18/2020
  • 0 strong buy ratings
  • 14 buy ratings
  • 11 hold ratings
  • 2 sell ratings
9/16/2020
  • 0 strong buy ratings
  • 14 buy ratings
  • 10 hold ratings
  • 2 sell ratings
12/15/2020
  • 0 strong buy ratings
  • 13 buy ratings
  • 10 hold ratings
  • 3 sell ratings
3/15/2021
  • 0 strong buy ratings
  • 10 buy ratings
  • 9 hold ratings
  • 3 sell ratings
5/14/2021
  • 0 strong buy ratings
  • 10 buy ratings
  • 9 hold ratings
  • 3 sell ratings
6/13/2021

Latest Recommendations

  • 0 strong buy ratings
  • 10 buy ratings
  • 9 hold ratings
  • 3 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/26/2021CowenInitiated CoverageOutperform$230.00Low
i
4/30/2021BMO Capital MarketsBoost Price TargetMarket Perform$214.00 ➝ $227.00High
i
4/30/2021Morgan StanleyBoost Price TargetEqual Weight$170.00 ➝ $187.00High
i
4/30/2021DA DavidsonBoost Price TargetBuy$200.00 ➝ $230.00High
i
Rating by A. Nowinski at DA Davidson
4/30/2021Raymond JamesBoost Price TargetOutperform$200.00 ➝ $225.00High
i
4/30/2021Royal Bank of CanadaBoost Price TargetSector Perform$175.00 ➝ $208.00High
i
4/30/2021MizuhoBoost Price TargetNeutral$180.00 ➝ $208.00High
i
4/29/2021KeyCorpBoost Price TargetOverweight$233.00 ➝ $240.00High
i
4/23/2021KeyCorpBoost Price TargetOverweight$195.00 ➝ $233.00Low
i
4/21/2021Monness Crespi & HardtBoost Price TargetBuy$195.00 ➝ $225.00Low
i
4/19/2021BTIG ResearchBoost Price TargetBuy$205.00 ➝ $240.00Low
i
4/16/2021BarclaysBoost Price TargetEqual Weight$202.00 ➝ $210.00Low
i
3/10/2021MizuhoBoost Price Target$167.00 ➝ $180.00Medium
i
3/10/2021BarclaysBoost Price TargetEqual Weight$173.00 ➝ $202.00Medium
i
3/10/2021BTIG ResearchBoost Price TargetBuy$183.00 ➝ $205.00Medium
i
3/10/2021DA DavidsonBoost Price TargetBuy$180.00 ➝ $200.00Medium
i
Rating by A. Nowinski at DA Davidson
3/10/2021BMO Capital MarketsBoost Price TargetMarket Perform$180.00 ➝ $195.00Medium
i
3/10/2021Royal Bank of CanadaBoost Price TargetSector Perform$162.00 ➝ $175.00Medium
i
3/10/2021Morgan StanleyBoost Price TargetEqual Weight$139.00 ➝ $170.00Low
i
3/10/2021Raymond JamesBoost Price TargetOutperform$175.00 ➝ $200.00High
i
3/10/2021Monness Crespi & HardtBoost Price TargetBuy$175.00 ➝ $195.00High
i
3/10/2021KeyCorpBoost Price TargetOverweight$185.00 ➝ $195.00High
i
3/10/2021Piper SandlerBoost Price TargetNeutral$150.00 ➝ $175.00High
i
2/11/2021OppenheimerReiterated RatingOutperform$190.00Low
i
2/5/2021CitigroupLower Price TargetSell$110.00 ➝ $104.00Low
i
2/5/2021Morgan StanleyBoost Price TargetEqual Weight$127.00 ➝ $139.00Medium
i
2/5/2021Monness Crespi & HardtBoost Price TargetBuy$155.00 ➝ $175.00Medium
i
2/5/2021Raymond JamesBoost Price TargetOutperform$155.00 ➝ $175.00Medium
i
2/5/2021Royal Bank of CanadaBoost Price TargetPositive ➝ Sector Perform$136.00 ➝ $162.00Medium
i
2/5/2021MizuhoBoost Price TargetNeutral$160.00 ➝ $167.00Medium
i
2/5/2021BarclaysBoost Price TargetEqual Weight$150.00 ➝ $173.00Medium
i
2/5/2021Pritchard CapitalLower Price TargetSell$110.00 ➝ $104.00Medium
i
1/22/2021BTIG ResearchUpgradeNeutral ➝ Buy$178.00Low
i
1/14/2021OTR GlobalUpgradePositiveLow
i
1/13/2021OppenheimerBoost Price TargetOutperform$160.00 ➝ $190.00High
i
Rating by Shaul Eyal at Oppenheimer Holdings Inc.
1/12/2021MizuhoBoost Price TargetNeutral$130.00 ➝ $160.00High
i
1/12/2021DA DavidsonUpgradeNeutral ➝ Buy$130.00 ➝ $170.00High
i
Rating by A. Nowinski at DA Davidson
1/8/2021The Goldman Sachs GroupBoost Price TargetBuy$152.00 ➝ $169.00High
i
1/4/2021Piper SandlerDowngradeOverweight ➝ Neutral$150.00N/A
i
12/16/2020MizuhoBoost Price TargetNeutral$130.00 ➝ $140.00Low
i
12/9/2020Edward JonesInitiated CoverageBuyMedium
i
12/9/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$140.00High
i
11/23/2020KeyCorpInitiated CoverageSector Weight ➝ Sector WeightHigh
i
10/30/2020Credit Suisse GroupBoost Price TargetNeutral$130.00 ➝ $135.00High
i
10/30/2020Morgan StanleyBoost Price TargetEqual Weight$124.00 ➝ $126.00High
i
10/20/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$143.00 ➝ $150.00Medium
i
10/15/2020MizuhoBoost Price TargetNeutral$123.00 ➝ $130.00High
i
Rating by Gregg Moskowitz at Mizuho
9/21/2020OppenheimerReiterated RatingBuy$160.00High
i
Rating by Shaul Eyal at Oppenheimer Holdings Inc.
8/26/2020UBS GroupBoost Price Target$134.00 ➝ $140.00Low
i
8/20/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$131.00High
i
8/11/2020OppenheimerInitiated CoverageBuy$160.00Low
i
Rating by Shaul Eyal at Oppenheimer Holdings Inc.
8/10/2020CitigroupBoost Price TargetSell$92.00 ➝ $102.00Medium
i
8/7/2020Credit Suisse GroupBoost Price TargetNeutral$110.00 ➝ $130.00High
i
8/7/2020UBS GroupBoost Price TargetIn-Line ➝ Neutral$122.00 ➝ $134.00Medium
i
7/21/2020OppenheimerReiterated RatingBuyMedium
i
7/15/2020OTR GlobalDowngradePositiveLow
i
7/15/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$129.00 ➝ $140.00Medium
i
7/14/2020Morgan StanleyBoost Price TargetEqual Weight$116.00 ➝ $124.00Medium
i
7/7/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$135.00Low
i
6/29/2020OppenheimerReiterated RatingBuy$160.00High
i
6/24/2020Monness Crespi & HardtBoost Price TargetBuy$140.00 ➝ $155.00High
i
6/16/2020Piper SandlerBoost Price TargetOverweight$125.00 ➝ $146.00Low
i
6/3/2020WedbushBoost Price TargetPositive ➝ Outperform$150.00 ➝ $170.00Medium
i
5/20/2020OppenheimerBoost Price TargetOutperform$145.00 ➝ $160.00Low
i
5/13/2020MizuhoReiterated RatingHold$123.00Low
i
Rating by Gregg Moskowitz at Mizuho
5/13/2020OppenheimerBoost Price TargetOutperform$135.00 ➝ $145.00Low
i
5/8/2020CitigroupBoost Price TargetSell$88.00 ➝ $92.00Low
i
5/7/2020MizuhoBoost Price TargetNeutral$116.00 ➝ $123.00Medium
i
5/7/2020Robert W. BairdBoost Price TargetNeutral$105.00 ➝ $120.00Medium
i
5/7/2020UBS GroupBoost Price TargetNeutral$115.00 ➝ $122.00Medium
i
5/7/2020Bank of AmericaReiterated RatingBuy$120.00 ➝ $140.00Medium
i
5/7/2020DA DavidsonBoost Price TargetNeutral$90.00 ➝ $110.00Medium
i
Rating by A. Nowinski at DA Davidson
5/7/2020BarclaysBoost Price TargetEqual Weight$122.00 ➝ $132.00High
i
5/7/2020Raymond JamesBoost Price TargetOutperform$115.00 ➝ $133.00High
i
Rating by Michael Turits at Raymond James
5/7/2020Credit Suisse GroupBoost Price TargetNeutral$100.00 ➝ $110.00High
i
Rating by Brad Zelnick at Credit Suisse Group AG
5/7/2020Morgan StanleyBoost Price TargetEqual Weight$100.00 ➝ $116.00High
i
5/7/2020Monness Crespi & HardtBoost Price TargetBuy$133.00 ➝ $140.00High
i
5/7/2020OppenheimerBoost Price TargetOutperform$115.00 ➝ $135.00High
i
5/7/2020Piper SandlerBoost Price TargetOverweight$110.00 ➝ $125.00High
i
5/4/2020Evercore ISIInitiated CoverageOutperform$128.00Medium
i
4/21/2020CowenLower Price TargetMarket Perform$115.00 ➝ $105.00High
i
4/14/2020BarclaysReiterated RatingHold$122.00Medium
i
Rating by Saket Kalia at Barclays PLC
4/3/2020Raymond JamesLower Price TargetOutperform$136.00 ➝ $115.00Medium
i
Rating by Michael Turits at Raymond James
3/27/2020BTIG ResearchInitiated CoverageNeutralLow
i
3/25/2020Morgan StanleyLower Price TargetEqual Weight$120.00 ➝ $100.00Medium
i
Rating by Melissa Franchi at Morgan Stanley
3/20/2020The Goldman Sachs GroupLower Price TargetBuy$135.00 ➝ $96.00Medium
i
3/17/2020DA DavidsonDowngradeBuy ➝ Neutral$140.00 ➝ $90.00High
i
Rating by A. Nowinski at DA Davidson
2/12/2020CfraBoost Price TargetHold$95.00 ➝ $125.00Low
i
2/7/2020Piper SandlerBoost Price TargetOverweight$126.00 ➝ $135.00Low
i
2/7/2020Morgan StanleyBoost Price TargetEqual Weight$111.00 ➝ $120.00Medium
i
Rating by Melissa Franchi at Morgan Stanley
2/7/2020Monness Crespi & HardtBoost Price TargetBuy$120.00 ➝ $133.00High
i
Rating by Ryan Flanagan at Monness Crespi & Hardt
2/7/2020WedbushBoost Price TargetBuy$130.00 ➝ $150.00High
i
2/7/2020Credit Suisse GroupBoost Price TargetNeutral$95.00 ➝ $115.00High
i
Rating by Brad Zelnick at Credit Suisse Group AG
2/3/2020Northland SecuritiesBoost Price TargetOutperform$100.00 ➝ $135.00Low
i
2/3/2020BMO Capital MarketsBoost Price TargetMarket Perform$115.00 ➝ $132.00Low
i
1/22/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$133.00Medium
i
1/13/2020DA DavidsonInitiated CoverageBuy$130.00Low
i
Rating by A. Nowinski at DA Davidson
1/13/2020OppenheimerBoost Price TargetOutperform$110.00 ➝ $130.00Medium
i
11/20/2019BMO Capital MarketsBoost Price TargetMarket Perform$115.00Low
i
11/19/2019Royal Bank of CanadaReiterated RatingSector Perform ➝ Neutral$100.00 ➝ $109.00Low
i
11/19/2019Morgan StanleyBoost Price TargetEqual Weight$82.00 ➝ $96.00Low
i
Rating by Melissa Franchi at Morgan Stanley
11/19/2019Monness Crespi & HardtBoost Price TargetBuy$110.00 ➝ $120.00Medium
i
Rating by Ryan Flanagan at Monness Crespi & Hardt
11/19/2019CowenBoost Price TargetMarket Perform$88.00 ➝ $105.00Medium
i
Rating by Nick Yako at Cowen Inc
11/19/2019WedbushBoost Price Target$110.00 ➝ $130.00Medium
i
11/19/2019MizuhoBoost Price TargetNeutral$92.00 ➝ $102.00Medium
i
11/19/2019BarclaysBoost Price TargetEqual Weight$105.00 ➝ $118.00Medium
i
Rating by Saket Kalia at Barclays PLC
11/18/2019FBN SecuritiesReiterated RatingOutperformMedium
i
Rating by Shebly Seyrafi at FBN Securities
11/15/2019Credit Suisse GroupUpgradeUnderperform ➝ Neutral$79.00 ➝ $95.00Low
i
11/12/2019The Goldman Sachs GroupInitiated CoverageBuy$113.00Medium
i
11/8/2019Piper Jaffray CompaniesInitiated CoverageOverweight$116.00Low
i
11/4/2019Evercore ISISet Price TargetHold$90.00Medium
i
11/1/2019FBN SecuritiesSet Price TargetBuy$115.00N/A
i
Rating by Shebly Seyrafi at FBN Securities
11/1/2019BarclaysSet Price TargetHold$105.00N/A
i
Rating by Saket Kalia at Barclays PLC
11/1/2019JPMorgan Chase & Co.Set Price TargetBuy$108.00 ➝ $111.00Medium
i
11/1/2019Deutsche Bank AktiengesellschaftSet Price TargetHold$87.00 ➝ $97.00Medium
i
11/1/2019Morgan StanleySet Price TargetHold$79.00 ➝ $82.00Medium
i
11/1/2019Monness Crespi & HardtBoost Price TargetBuy$102.00 ➝ $110.00High
i
11/1/2019BMO Capital MarketsBoost Price TargetMarket Perform$100.00 ➝ $104.00High
i
11/1/2019MizuhoBoost Price TargetNeutral$86.00 ➝ $92.00High
i
9/15/2019Robert W. BairdSet Price TargetHold$100.00Medium
i
8/4/2019BarclaysReiterated RatingHold$99.00High
i
8/2/2019Morgan StanleyBoost Price TargetEqual Weight$77.00 ➝ $79.00Medium
i
8/2/2019CitigroupBoost Price TargetSell$78.00 ➝ $80.00Medium
i
8/2/2019Monness Crespi & HardtReiterated RatingBuy ➝ Buy$97.00 ➝ $102.00High
i
8/2/2019Bank of AmericaUpgradeNeutral ➝ BuyHigh
i
8/2/2019Robert W. BairdReiterated RatingHold$100.00High
i
6/24/2019JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$93.00High
i
6/11/2019Morgan StanleyLower Price TargetEqual Weight$84.00 ➝ $77.00Medium
i
5/23/2019CowenInitiated CoverageMarket Perform ➝ Market Perform$85.00High
i
5/7/2019Evercore ISIReiterated RatingHold$80.00High
i
5/3/2019Monness Crespi & HardtReiterated RatingBuy ➝ Buy$95.00 ➝ $97.00Medium
i
5/3/2019CitigroupDowngradeNeutral ➝ Sell$84.00 ➝ $78.00Medium
i
5/3/2019Northland SecuritiesReiterated RatingBuy$100.00High
i
4/16/2019Stifel NicolausBoost Price TargetHold ➝ Hold$85.00 ➝ $95.00Medium
i
4/15/2019OTR GlobalUpgradePositiveLow
i
3/26/2019MizuhoInitiated CoverageNeutral ➝ Neutral$90.00High
i
2/8/2019First AnalysisUpgradeNeutral ➝ Outperform$80.00 ➝ $92.00Medium
i
2/7/2019Credit Suisse GroupBoost Price TargetUnderperform$60.00 ➝ $70.00High
i
2/7/2019OppenheimerBoost Price TargetOutperform$88.00 ➝ $97.00High
i
2/7/2019GabelliDowngradeBuy ➝ HoldHigh
i
2/7/2019BMO Capital MarketsReiterated RatingMarket Perform ➝ Market Perform$78.00 ➝ $90.00High
i
1/22/2019BMO Capital MarketsDowngradeOutperform ➝ Market Perform$90.00 ➝ $78.00Medium
i
1/18/2019OTR GlobalDowngradePositiveLow
i
1/7/2019OppenheimerLower Price Target$97.00 ➝ $88.00Low
i
1/4/2019The Goldman Sachs GroupDowngradeBuy ➝ Sell$95.00 ➝ $59.00High
i
Rating by Gabriela Borges at The Goldman Sachs Group, Inc.
12/10/2018GuggenheimInitiated CoverageNeutral$72.00Low
i
11/26/2018Raymond JamesUpgradeMarket Perform ➝ OutperformHigh
i
11/20/2018Raymond JamesUpgradeMarket Perform ➝ OutperformMedium
i
11/5/2018Dougherty & CoUpgradeNeutral ➝ Buy$85.00Medium
i
11/4/2018BarclaysReiterated RatingHold$90.00Medium
i
11/2/2018JPMorgan Chase & Co.Boost Price TargetNeutral ➝ Neutral$76.00 ➝ $93.00Low
i
11/2/2018CitigroupBoost Price TargetNeutral ➝ Neutral$71.00 ➝ $84.00Low
i
11/2/2018BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$76.00 ➝ $90.00Low
i
11/2/2018Royal Bank of CanadaBoost Price TargetSector Perform$76.00High
i
11/2/2018Monness Crespi & HardtBoost Price TargetBuy ➝ Buy$76.00 ➝ $91.00High
i
10/18/2018WedbushInitiated CoverageOutperform ➝ Outperform$100.00Low
i
10/18/2018Robert W. BairdReiterated RatingNeutral ➝ NeutralLow
i
9/26/2018OppenheimerBoost Price TargetOutperform$82.00 ➝ $97.00High
i
9/25/2018The Goldman Sachs GroupSet Price TargetBuy$95.00Medium
i
Rating by Gabriela Borges at The Goldman Sachs Group, Inc.
9/20/2018Bank of AmericaDowngradeBuy ➝ Neutral$77.00 ➝ $95.00Low
i
9/18/2018UBS GroupDowngradeBuy ➝ Neutral$80.00 ➝ $90.00Medium
i
8/3/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Hold$55.00 ➝ $67.00Low
i
Rating by Melissa Franchi at Morgan Stanley
8/2/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$70.00 ➝ $77.00High
i
8/2/2018CitigroupBoost Price TargetNeutral ➝ Neutral$56.00 ➝ $71.00High
i
8/2/2018Piper Jaffray CompaniesBoost Price TargetOverweight$64.00 ➝ $80.00High
i
8/2/2018Susquehanna BancsharesBoost Price TargetNeutral ➝ Neutral$61.00 ➝ $68.00High
i
8/2/2018BarclaysBoost Price TargetEqual Weight ➝ Equal Weight$63.00 ➝ $75.00High
i
8/2/2018OppenheimerBoost Price TargetOutperform$70.00 ➝ $82.00High
i
8/2/2018Credit Suisse GroupBoost Price TargetUnderperform ➝ Underperform$43.00 ➝ $52.00High
i
8/2/2018Stifel NicolausBoost Price TargetHold ➝ Buy$60.00 ➝ $72.00High
i
8/2/2018Royal Bank of CanadaBoost Price TargetSector Perform$69.00High
i
8/2/2018JPMorgan Chase & Co.Boost Price TargetNeutral$76.00High
i
8/2/2018BMO Capital MarketsReiterated RatingOutperform ➝ Outperform$61.00 ➝ $76.00High
i
7/31/2018Monness Crespi & HardtBoost Price TargetBuy$64.00 ➝ $70.00Low
i
7/19/2018Cleveland ResearchUpgradeNeutral ➝ BuyLow
i
6/29/2018Cleveland ResearchInitiated CoverageNeutralLow
i
6/19/2018CowenDowngradeOutperform ➝ Market PerformLow
i
6/11/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$64.00 ➝ $70.00Low
i
5/21/2018UBS GroupBoost Price TargetBuy ➝ Buy$64.00 ➝ $67.00Low
i
5/4/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$63.00 ➝ $64.00Low
i
5/4/2018Morgan StanleySet Price TargetEqual Weight ➝ Hold$53.00 ➝ $55.00Low
i
Rating by Melissa Franchi at Morgan Stanley
5/4/2018Credit Suisse GroupBoost Price TargetUnderperform ➝ Underperform$37.00 ➝ $43.00Low
i
5/4/2018Deutsche Bank AktiengesellschaftBoost Price TargetHold ➝ Hold$47.00 ➝ $61.00Low
i
5/4/2018Stifel NicolausBoost Price TargetHold ➝ Hold$46.00 ➝ $60.00High
i
5/4/2018Monness Crespi & HardtBoost Price TargetBuy ➝ Buy$60.00 ➝ $64.00High
i
5/4/2018Piper Jaffray CompaniesReiterated RatingOverweight$64.00High
i
5/4/2018JPMorgan Chase & Co.Boost Price TargetNeutral$58.00High
i
5/4/2018BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$58.00 ➝ $61.00High
i
5/4/2018Evercore ISIReiterated RatingHold$53.00High
i
Rating by Kenneth Talanian at Evercore ISI
4/24/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$57.00 ➝ $63.00High
i
4/16/2018CitigroupBoost Price TargetNeutral ➝ Neutral$45.00 ➝ $56.00Low
i
4/11/2018Morgan StanleyDowngradeOverweight ➝ Equal Weight$53.00High
i
3/29/2018BMO Capital MarketsReiterated RatingOutperform ➝ Outperform$50.00 ➝ $58.00High
i
3/27/2018OppenheimerBoost Price TargetOutperform$55.00 ➝ $60.00High
i
3/22/2018KeyCorpReiterated RatingEqual WeightLow
i
3/21/2018UBS GroupBoost Price TargetBuy ➝ Buy$50.00 ➝ $62.00Medium
i
2/28/2018OppenheimerBoost Price TargetOutperform$50.00 ➝ $55.00Low
i
2/28/2018Monness Crespi & HardtReiterated RatingBuy ➝ Buy$50.00 ➝ $56.00High
i
2/28/2018Credit Suisse GroupReiterated RatingSell$37.00Medium
i
2/28/2018Piper Jaffray CompaniesReiterated RatingOverweight$57.00Medium
i
2/6/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$48.00 ➝ $49.00High
i
2/6/2018Morgan StanleyBoost Price TargetOverweight ➝ Overweight$51.00 ➝ $53.00High
i
2/6/2018Credit Suisse GroupBoost Price TargetUnderperform ➝ Underperform$33.00 ➝ $37.00High
i
2/6/2018Royal Bank of CanadaBoost Price TargetSector Perform$46.00High
i
2/6/2018CitigroupBoost Price TargetNeutral ➝ Neutral$41.00 ➝ $45.00High
i
2/6/2018BarclaysBoost Price TargetEqual Weight ➝ Equal Weight$48.00 ➝ $50.00High
i
2/6/2018Stifel NicolausBoost Price TargetHold ➝ Hold$42.00 ➝ $46.00High
i
2/6/2018BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$45.00 ➝ $50.00High
i
2/6/2018Robert W. BairdReiterated RatingBuy$56.00High
i
2/5/2018Evercore ISISet Price TargetHold$42.00High
i
Rating by Kenneth Talanian at Evercore ISI
2/1/2018Dougherty & CoDowngradeBuy ➝ NeutralLow
i
Rating by C. Trebnick at Dougherty & Co
1/26/2018JMP SecuritiesBoost Price TargetMarket Outperform ➝ Market Outperform$41.00 ➝ $54.00Low
i
1/26/2018Raymond JamesReiterated RatingOutperform ➝ Market PerformMedium
i
1/26/2018CitigroupDowngradeOutperform ➝ Market PerformLow
i
1/23/2018Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$46.00High
i
1/19/2018Monness Crespi & HardtReiterated RatingBuy ➝ Buy$45.00 ➝ $50.00Low
i
1/11/2018Robert W. BairdBoost Price TargetOutperform$50.00 ➝ $56.00Low
i
Rating by Jayson Noland at Robert W. Baird
1/9/2018BarclaysDowngradeOverweight ➝ Equal Weight$45.00 ➝ $48.00N/A
i
1/8/2018OppenheimerBoost Price TargetOutperform$45.00 ➝ $50.00Low
i
12/12/2017JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$50.00Low
i
10/27/2017UBS GroupBoost Price TargetBuy$46.00 ➝ $47.00N/A
i
10/27/2017BMO Capital MarketsLower Price TargetOutperform$46.00 ➝ $45.00N/A
i
10/27/2017Piper Jaffray CompaniesReiterated RatingBuy$46.00N/A
i
Rating by Andrew Nowinski at Piper Jaffray Companies
10/27/2017Evercore ISIReiterated RatingHold$38.00N/A
i
Rating by Kenneth Talanian at Evercore ISI
10/24/2017KeyCorpReiterated RatingBuy$46.00N/A
i
10/18/2017Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$36.00 ➝ $48.00N/A
i
10/12/2017Piper Jaffray CompaniesReiterated RatingBuy$50.00N/A
i
Rating by Andrew Nowinski at Piper Jaffray Companies
10/5/2017OppenheimerReiterated RatingBuy$45.00N/A
i
10/5/2017BMO Capital MarketsReiterated RatingBuy$46.00N/A
i
9/18/2017OppenheimerReiterated RatingBuy$45.00Low
i
9/12/2017Stifel NicolausReiterated RatingHold$42.00Low
i
9/8/2017CowenReiterated RatingBuy$43.00Low
i
9/5/2017Credit Suisse GroupInitiated CoverageUnderperform ➝ Underperform$33.00High
i
9/1/2017BMO Capital MarketsReiterated RatingBuy$46.00N/A
i
8/25/2017Piper Jaffray CompaniesSet Price TargetBuy$50.00Low
i
Rating by Andrew Nowinski at Piper Jaffray Companies
7/28/2017Royal Bank of CanadaReiterated RatingHold$42.00Medium
i
7/28/2017CowenReiterated RatingBuy$43.00High
i
7/27/2017Dougherty & CoBoost Price TargetBuy ➝ Buy$46.00 ➝ $48.00High
i
7/27/2017Robert W. BairdSet Price TargetBuy$50.00High
i
Rating by Jayson Noland at Robert W. Baird
7/27/2017Evercore ISISet Price TargetHold$38.00High
i
7/5/2017OTR GlobalUpgradePositiveLow
i
6/29/2017Northland SecuritiesInitiated CoverageOutperform$45.00Low
i
6/22/2017OppenheimerReiterated RatingOutperform$45.00Low
i
6/14/2017Monness Crespi & HardtInitiated CoverageBuy ➝ Buy$45.00Low
i
6/7/2017Susquehanna BancsharesInitiated CoverageNeutral ➝ Neutral$45.00Low
i
4/28/2017Robert W. BairdReiterated RatingBuyLow
i
Rating by Jayson Noland at Robert W. Baird
4/28/2017UBS GroupBoost Price TargetBuy ➝ Buy$42.00 ➝ $45.00N/A
i
4/28/2017Royal Bank of CanadaBoost Price TargetOutperform ➝ Outperform$35.00 ➝ $41.00High
i
4/21/2017Dougherty & CoBoost Price TargetBuy ➝ Buy$38.00 ➝ $46.00Medium
i
4/21/2017BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$44.00 ➝ $46.00High
i
4/17/2017OppenheimerReiterated RatingOutperform$45.00Low
i
4/17/2017Stifel NicolausBoost Price TargetHold ➝ Hold$36.00 ➝ $42.00Medium
i
3/29/2017Robert W. BairdUpgradeNeutral ➝ Outperform$38.00 ➝ $50.00High
i
Rating by Michael Hoffmann at Robert W. Baird
2/6/2017OppenheimerReiterated RatingMarket Perform$40.00 ➝ $42.00N/A
i
2/3/2017Royal Bank of CanadaReiterated RatingHold$30.00 ➝ $35.00N/A
i
2/3/2017Royal Bank of CanadaBoost Price TargetSector Perform$30.00 ➝ $35.00N/A
i
2/3/2017JMP SecuritiesBoost Price TargetOutperform$34.00 ➝ $41.00N/A
i
2/3/2017Piper Jaffray CompaniesUpgradeNeutral ➝ Overweight$43.00N/A
i
Rating by Andrew Nowinski at Piper Jaffray Companies
2/3/2017Robert W. BairdReiterated RatingNeutral$34.00 ➝ $38.00N/A
i
Rating by Michael Hoffmann at Robert W. Baird
1/12/2017OppenheimerReiterated RatingOutperform$40.00N/A
i
1/6/2017OTR GlobalDowngradePositiveN/A
i
1/5/2017BMO Capital MarketsInitiated CoverageMarket Perform$35.00N/A
i
12/12/2016GabelliReiterated RatingBuyN/A
i
Rating by Hendi Susanto at Gabelli
11/15/2016Morgan StanleyUpgradeEqual Weight ➝ Overweight$33.00 ➝ $39.00N/A
i
Rating by Melissa Gorham at Morgan Stanley
10/28/2016Needham & Company LLCLower Price TargetBuy$41.00 ➝ $36.00N/A
i
10/28/2016Robert W. BairdReiterated RatingHoldN/A
i
Rating by Michael Hoffmann at Robert W. Baird
10/21/2016First AnalysisInitiated CoverageEqual ➝ Equal Weight$32.00N/A
i
10/15/2016Deutsche Bank AktiengesellschaftReiterated RatingHoldN/A
i
10/13/2016Wells Fargo & CompanyReiterated RatingOutperform$43.50 ➝ $37.00N/A
i
10/12/2016Piper Jaffray CompaniesSet Price TargetHold$30.00N/A
i
Rating by Andrew Nowinski at Piper Jaffray Companies
10/12/2016Robert W. BairdSet Price TargetHold$38.00 ➝ $34.00N/A
i
Rating by Michael Hoffmann at Robert W. Baird
10/12/2016Needham & Company LLCReiterated RatingBuy$42.00 ➝ $41.00N/A
i
10/12/2016Royal Bank of CanadaReiterated RatingSector Perform$37.00 ➝ $30.00N/A
i
10/12/2016Dougherty & CoLower Price TargetBuy$40.00 ➝ $35.00N/A
i
10/12/2016JMP SecuritiesLower Price TargetMarket Outperform$40.00 ➝ $34.00N/A
i
10/12/2016Nomura SecuritiesLower Price TargetBuy$55.00 ➝ $47.00N/A
i
10/12/2016OppenheimerLower Price TargetOutperform$45.00 ➝ $40.00N/A
i
Rating by Shaul Eyal at Oppenheimer Holdings Inc.
10/12/2016BarclaysLower Price TargetOverweight$42.00 ➝ $34.00N/A
i
10/12/2016UBS GroupLower Price TargetBuy$42.00 ➝ $40.00N/A
i
Rating by steven fisher at UBS Group AG
10/12/2016CitigroupLower Price TargetNeutral$35.00 ➝ $31.00N/A
i
10/12/2016Morgan StanleySet Price TargetHold$35.00 ➝ $33.00N/A
i
Rating by Melissa Gorham at Morgan Stanley
10/12/2016WunderlichLower Price TargetBuy$45.00 ➝ $42.00N/A
i
10/12/2016StephensDowngradeOverweight ➝ Equal Weight$43.00 ➝ $32.00N/A
i
10/12/2016The Goldman Sachs GroupLower Price TargetConviction-Buy ➝ Buy$43.00 ➝ $36.00N/A
i
10/12/2016Royal Bank of CanadaLower Price TargetSector Perform$37.00 ➝ $30.00N/A
i
9/25/2016Wells Fargo & CompanyReiterated RatingBuyN/A
i
9/20/2016OppenheimerReiterated RatingOutperform$45.00N/A
i
Rating by Shaul Eyal at Oppenheimer Holdings Inc.
9/13/2016WunderlichInitiated CoverageBuy$42.00 ➝ $45.00N/A
i
8/30/2016Pacific CrestUpgradeSector Weight ➝ Overweight$47.00N/A
i
Rating by Rob Owens at Pacific Crest
8/22/2016UBS GroupReiterated RatingBuyN/A
i
Rating by steven fisher at UBS Group AG
8/1/2016OppenheimerReiterated RatingOutperform$50.00 ➝ $45.00N/A
i
Rating by Shaul Eyal at Oppenheimer Holdings Inc.
7/29/2016Pacific CrestReiterated RatingHoldN/A
i
Rating by Rob Owens at Pacific Crest
7/29/2016CitigroupLower Price TargetNeutral$37.00 ➝ $35.00N/A
i
7/15/2016OppenheimerReiterated RatingOutperform$50.00N/A
i
Rating by Shaul Eyal at Oppenheimer Holdings Inc.
(Data available from 6/14/2016 forward)
Fortinet logo
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. The company provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. The company was founded in 2000 and is headquartered in Sunnyvale, California.
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Today's Range

Now: $228.94
$227.22
$229.39

50 Day Range

MA: $207.80
$191.27
$228.95

52 Week Range

Now: $228.94
$106.75
$229.52

Volume

654,600 shs

Average Volume

1,154,431 shs

Market Capitalization

$37.39 billion

P/E Ratio

77.34

Dividend Yield

N/A

Beta

1.11

Frequently Asked Questions

What sell-side analysts currently cover shares of Fortinet?

The following Wall Street analysts have issued research reports on Fortinet in the last year: Barclays PLC, BMO Capital Markets, BTIG Research, Citigroup Inc., Cowen Inc, Credit Suisse Group AG, DA Davidson, Deutsche Bank Aktiengesellschaft, Edward Jones, JPMorgan Chase & Co., KeyCorp, Mizuho, Monness Crespi & Hardt, Morgan Stanley, Oppenheimer Holdings Inc., OTR Global, Piper Sandler, Pritchard Capital, Raymond James, Royal Bank of Canada, The Goldman Sachs Group, Inc., UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for FTNT.

What is the current price target for Fortinet?

20 Wall Street analysts have set twelve-month price targets for Fortinet in the last year. Their average twelve-month price target is $185.90, suggesting a possible downside of 18.8%. KeyCorp has the highest price target set, predicting FTNT will reach $240.00 in the next twelve months. Pritchard Capital has the lowest price target set, forecasting a price of $104.00 for Fortinet in the next year.
View the latest price targets for FTNT.

What is the current consensus analyst rating for Fortinet?

Fortinet currently has 3 sell ratings, 9 hold ratings and 10 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FTNT, but not buy more shares or sell existing shares.
View the latest ratings for FTNT.

What other companies compete with Fortinet?

How do I contact Fortinet's investor relations team?

Fortinet's physical mailing address is 899 KIFER ROAD, SUNNYVALE CA, 94086. The software maker's listed phone number is 408-235-7700 and its investor relations email address is [email protected] The official website for Fortinet is www.fortinet.com.