NASDAQ:FTNT - Fortinet Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $265.39
Forecasted Upside: -20.41 %
Number of Analysts: 25
Breakdown:
3 Sell Ratings
9 Hold Ratings
13 Buy Ratings
0 Strong Buy Ratings

^$333.45 As of 10/20/2021 01:00 AM ET

▲ +1.33 (0.40%)

1 month | 3 months | 12 months

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Analyst Price Target for FTNT

^$265.39

▼ -20.41% Downside Potential

This price target is based on 25 analysts offering 12 month price targets for Fortinet in the last 3 months. The average price target is $265.39, with a high forecast of $385.00 and a low forecast of $104.00. The average price target represents a -20.41% upside from the last price of $333.45.

Current Consensus is Hold

The current consensus among 25 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
12 buy ratings
11 hold ratings
2 sell ratings

Ratings as of

4/28/2020

0 strong buy ratings
13 buy ratings
12 hold ratings
2 sell ratings

Ratings as of

7/27/2020

0 strong buy ratings
13 buy ratings
12 hold ratings
2 sell ratings

Ratings as of

10/25/2020

0 strong buy ratings
13 buy ratings
11 hold ratings
2 sell ratings

Ratings as of

1/23/2021

0 strong buy ratings
11 buy ratings
11 hold ratings
3 sell ratings

Ratings as of

4/23/2021

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

Ratings as of

7/22/2021

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

Ratings as of

9/20/2021

0 strong buy ratings
13 buy ratings
9 hold ratings
3 sell ratings

Ratings as of

10/20/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
10/18/2021	Mizuho	Boost Price Target	Neutral	$290.00 ➝ $310.00	High
10/13/2021	Barclays	Boost Price Target	Equal Weight	$305.00 ➝ $320.00	Low
10/12/2021	Morgan Stanley	Boost Price Target	Equal Weight	$230.00 ➝ $295.00	Low
10/4/2021	Wells Fargo & Company	Initiated Coverage	Overweight	$380.00	High
9/28/2021	Cowen	Boost Price Target	Outperform	$335.00 ➝ $385.00	High
9/28/2021	The Goldman Sachs Group	Reiterated Rating	Buy		High
9/21/2021	Colliers Securities	Reiterated Rating	Buy	$350.00	Low
9/21/2021	Stifel Nicolaus	Initiated Coverage	Buy	$355.00	Low
9/16/2021	BMO Capital Markets	Boost Price Target	Market Perform	$300.00 ➝ $335.00	Low
9/15/2021	Mizuho	Boost Price Target	Neutral	$260.00 ➝ $290.00	Low
8/30/2021	Wedbush	Boost Price Target	Outperform	$310.00 ➝ $350.00	Low
8/13/2021	BTIG Research	Boost Price Target	Positive ➝ Buy	$305.00 ➝ $345.00	Low
7/30/2021	Morgan Stanley	Boost Price Target	Equal Weight	$187.00 ➝ $230.00	High
7/30/2021	Wedbush	Boost Price Target	Outperform	$240.00 ➝ $310.00	High
7/30/2021	BMO Capital Markets	Boost Price Target	Market Perform	$275.00 ➝ $300.00	High
7/30/2021	BTIG Research	Boost Price Target	Buy	$291.00 ➝ $305.00	High
7/30/2021	Cowen	Boost Price Target	Outperform	$305.00 ➝ $335.00	Low
7/30/2021	Raymond James	Boost Price Target	Outperform	$280.00 ➝ $295.00	Medium
7/30/2021	Royal Bank of Canada	Boost Price Target	Sector Perform	$208.00 ➝ $248.00	Low
7/30/2021	KeyCorp	Boost Price Target	Positive ➝ Overweight	$297.00 ➝ $324.00	Low
7/30/2021	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$242.00 ➝ $250.00	Low
7/30/2021	Mizuho	Boost Price Target	Neutral	$250.00 ➝ $260.00	Low
7/22/2021	Cowen	Boost Price Target	Outperform	$270.00 ➝ $305.00	Medium
7/22/2021	KeyCorp	Boost Price Target	Overweight	$240.00 ➝ $297.00	Medium
7/20/2021	BTIG Research	Boost Price Target	Positive ➝ Buy	$240.00 ➝ $291.00	Medium
7/19/2021	Raymond James	Boost Price Target	Outperform	$225.00 ➝ $280.00	Low
7/16/2021	Mizuho	Boost Price Target	Hold ➝ Neutral	$208.00 ➝ $250.00	Low
7/15/2021	Barclays	Boost Price Target	Equal Weight	$230.00 ➝ $260.00	Low
7/12/2021	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$190.00 ➝ $242.00	Low
7/9/2021	Piper Sandler	Boost Price Target	Neutral	$205.00 ➝ $265.00	Low
6/29/2021	Monness Crespi & Hardt	Downgrade	Buy ➝ Neutral		Low
6/21/2021	Cowen	Boost Price Target	Outperform	$250.00 ➝ $270.00	Low
5/26/2021	Cowen	Initiated Coverage	Outperform	$230.00	Low
4/30/2021	BMO Capital Markets	Boost Price Target	Market Perform	$214.00 ➝ $227.00	High
4/30/2021	Morgan Stanley	Boost Price Target	Equal Weight	$170.00 ➝ $187.00	High
4/30/2021	DA Davidson	Boost Price Target	Buy	$200.00 ➝ $230.00	High
4/30/2021	Raymond James	Boost Price Target	Outperform	$200.00 ➝ $225.00	High
4/30/2021	Royal Bank of Canada	Boost Price Target	Sector Perform	$175.00 ➝ $208.00	High
4/30/2021	Mizuho	Boost Price Target	Neutral	$180.00 ➝ $208.00	High
4/29/2021	KeyCorp	Boost Price Target	Overweight	$233.00 ➝ $240.00	High
4/23/2021	KeyCorp	Boost Price Target	Overweight	$195.00 ➝ $233.00	Low
4/21/2021	Monness Crespi & Hardt	Boost Price Target	Buy	$195.00 ➝ $225.00	Low
4/19/2021	BTIG Research	Boost Price Target	Buy	$205.00 ➝ $240.00	Low
4/16/2021	Barclays	Boost Price Target	Equal Weight	$202.00 ➝ $210.00	Low
3/10/2021	Mizuho	Boost Price Target		$167.00 ➝ $180.00	Medium
3/10/2021	Barclays	Boost Price Target	Equal Weight	$173.00 ➝ $202.00	Medium
3/10/2021	BTIG Research	Boost Price Target	Buy	$183.00 ➝ $205.00	Medium
3/10/2021	DA Davidson	Boost Price Target	Buy	$180.00 ➝ $200.00	Medium
3/10/2021	BMO Capital Markets	Boost Price Target	Market Perform	$180.00 ➝ $195.00	Medium
3/10/2021	Royal Bank of Canada	Boost Price Target	Sector Perform	$162.00 ➝ $175.00	Medium
3/10/2021	Morgan Stanley	Boost Price Target	Equal Weight	$139.00 ➝ $170.00	Low
3/10/2021	Raymond James	Boost Price Target	Outperform	$175.00 ➝ $200.00	High
3/10/2021	Monness Crespi & Hardt	Boost Price Target	Buy	$175.00 ➝ $195.00	High
3/10/2021	KeyCorp	Boost Price Target	Overweight	$185.00 ➝ $195.00	High
3/10/2021	Piper Sandler	Boost Price Target	Neutral	$150.00 ➝ $175.00	High
2/11/2021	Oppenheimer	Reiterated Rating	Outperform	$190.00	Low
2/5/2021	Citigroup	Lower Price Target	Sell	$110.00 ➝ $104.00	Low
2/5/2021	Morgan Stanley	Boost Price Target	Equal Weight	$127.00 ➝ $139.00	Medium
2/5/2021	Monness Crespi & Hardt	Boost Price Target	Buy	$155.00 ➝ $175.00	Medium
2/5/2021	Raymond James	Boost Price Target	Outperform	$155.00 ➝ $175.00	Medium
2/5/2021	Royal Bank of Canada	Boost Price Target	Positive ➝ Sector Perform	$136.00 ➝ $162.00	Medium
2/5/2021	Mizuho	Boost Price Target	Neutral	$160.00 ➝ $167.00	Medium
2/5/2021	Barclays	Boost Price Target	Equal Weight	$150.00 ➝ $173.00	Medium
2/5/2021	Pritchard Capital	Lower Price Target	Sell	$110.00 ➝ $104.00	Medium
1/22/2021	BTIG Research	Upgrade	Neutral ➝ Buy	$178.00	Low
1/14/2021	OTR Global	Upgrade	Positive		Low
1/13/2021	Oppenheimer	Boost Price Target	Outperform	$160.00 ➝ $190.00	High
1/12/2021	Mizuho	Boost Price Target	Neutral	$130.00 ➝ $160.00	High
1/12/2021	DA Davidson	Upgrade	Neutral ➝ Buy	$130.00 ➝ $170.00	High
1/8/2021	The Goldman Sachs Group	Boost Price Target	Buy	$152.00 ➝ $169.00	High
1/4/2021	Piper Sandler	Downgrade	Overweight ➝ Neutral	$150.00	N/A
12/16/2020	Mizuho	Boost Price Target	Neutral	$130.00 ➝ $140.00	Low
12/9/2020	Edward Jones	Initiated Coverage	Buy		Medium
12/9/2020	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$140.00	High
11/23/2020	KeyCorp	Initiated Coverage	Sector Weight ➝ Sector Weight		High
10/30/2020	Credit Suisse Group	Boost Price Target	Neutral	$130.00 ➝ $135.00	High
10/30/2020	Morgan Stanley	Boost Price Target	Equal Weight	$124.00 ➝ $126.00	High
10/20/2020	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$143.00 ➝ $150.00	Medium
10/15/2020	Mizuho	Boost Price Target	Neutral	$123.00 ➝ $130.00	High
9/21/2020	Oppenheimer	Reiterated Rating	Buy	$160.00	High
8/26/2020	UBS Group	Boost Price Target		$134.00 ➝ $140.00	Low
8/20/2020	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Hold	$131.00	High
8/11/2020	Oppenheimer	Initiated Coverage	Buy	$160.00	Low
8/10/2020	Citigroup	Boost Price Target	Sell	$92.00 ➝ $102.00	Medium
8/7/2020	Credit Suisse Group	Boost Price Target	Neutral	$110.00 ➝ $130.00	High
8/7/2020	UBS Group	Boost Price Target	In-Line ➝ Neutral	$122.00 ➝ $134.00	Medium
7/21/2020	Oppenheimer	Reiterated Rating	Buy		Medium
7/15/2020	OTR Global	Downgrade	Positive		Low
7/15/2020	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$129.00 ➝ $140.00	Medium
7/14/2020	Morgan Stanley	Boost Price Target	Equal Weight	$116.00 ➝ $124.00	Medium
7/7/2020	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$135.00	Low
6/29/2020	Oppenheimer	Reiterated Rating	Buy	$160.00	High
6/24/2020	Monness Crespi & Hardt	Boost Price Target	Buy	$140.00 ➝ $155.00	High
6/16/2020	Piper Sandler	Boost Price Target	Overweight	$125.00 ➝ $146.00	Low
6/3/2020	Wedbush	Boost Price Target	Positive ➝ Outperform	$150.00 ➝ $170.00	Medium
5/20/2020	Oppenheimer	Boost Price Target	Outperform	$145.00 ➝ $160.00	Low
5/13/2020	Mizuho	Reiterated Rating	Hold	$123.00	Low
5/13/2020	Oppenheimer	Boost Price Target	Outperform	$135.00 ➝ $145.00	Low
5/8/2020	Citigroup	Boost Price Target	Sell	$88.00 ➝ $92.00	Low
5/7/2020	Mizuho	Boost Price Target	Neutral	$116.00 ➝ $123.00	Medium
5/7/2020	Robert W. Baird	Boost Price Target	Neutral	$105.00 ➝ $120.00	Medium
5/7/2020	UBS Group	Boost Price Target	Neutral	$115.00 ➝ $122.00	Medium
5/7/2020	Bank of America	Reiterated Rating	Buy	$120.00 ➝ $140.00	Medium
5/7/2020	DA Davidson	Boost Price Target	Neutral	$90.00 ➝ $110.00	Medium
5/7/2020	Barclays	Boost Price Target	Equal Weight	$122.00 ➝ $132.00	High
5/7/2020	Raymond James	Boost Price Target	Outperform	$115.00 ➝ $133.00	High
5/7/2020	Credit Suisse Group	Boost Price Target	Neutral	$100.00 ➝ $110.00	High
5/7/2020	Morgan Stanley	Boost Price Target	Equal Weight	$100.00 ➝ $116.00	High
5/7/2020	Monness Crespi & Hardt	Boost Price Target	Buy	$133.00 ➝ $140.00	High
5/7/2020	Oppenheimer	Boost Price Target	Outperform	$115.00 ➝ $135.00	High
5/7/2020	Piper Sandler	Boost Price Target	Overweight	$110.00 ➝ $125.00	High
5/4/2020	Evercore ISI	Initiated Coverage	Outperform	$128.00	Medium
4/21/2020	Cowen	Lower Price Target	Market Perform	$115.00 ➝ $105.00	High
4/14/2020	Barclays	Reiterated Rating	Hold	$122.00	Medium
4/3/2020	Raymond James	Lower Price Target	Outperform	$136.00 ➝ $115.00	Medium
3/27/2020	BTIG Research	Initiated Coverage	Neutral		Low
3/25/2020	Morgan Stanley	Lower Price Target	Equal Weight	$120.00 ➝ $100.00	Medium
3/20/2020	The Goldman Sachs Group	Lower Price Target	Buy	$135.00 ➝ $96.00	Medium
3/17/2020	DA Davidson	Downgrade	Buy ➝ Neutral	$140.00 ➝ $90.00	High
2/12/2020	Cfra	Boost Price Target	Hold	$95.00 ➝ $125.00	Low
2/7/2020	Piper Sandler	Boost Price Target	Overweight	$126.00 ➝ $135.00	Low
2/7/2020	Morgan Stanley	Boost Price Target	Equal Weight	$111.00 ➝ $120.00	Medium
2/7/2020	Monness Crespi & Hardt	Boost Price Target	Buy	$120.00 ➝ $133.00	High
2/7/2020	Wedbush	Boost Price Target	Buy	$130.00 ➝ $150.00	High
2/7/2020	Credit Suisse Group	Boost Price Target	Neutral	$95.00 ➝ $115.00	High
2/3/2020	Northland Securities	Boost Price Target	Outperform	$100.00 ➝ $135.00	Low
2/3/2020	BMO Capital Markets	Boost Price Target	Market Perform	$115.00 ➝ $132.00	Low
1/22/2020	Raymond James	Upgrade	Market Perform ➝ Outperform	$133.00	Medium
1/13/2020	DA Davidson	Initiated Coverage	Buy	$130.00	Low
1/13/2020	Oppenheimer	Boost Price Target	Outperform	$110.00 ➝ $130.00	Medium
11/20/2019	BMO Capital Markets	Boost Price Target	Market Perform	$115.00	Low
11/19/2019	Royal Bank of Canada	Reiterated Rating	Sector Perform ➝ Neutral	$100.00 ➝ $109.00	Low
11/19/2019	Morgan Stanley	Boost Price Target	Equal Weight	$82.00 ➝ $96.00	Low
11/19/2019	Monness Crespi & Hardt	Boost Price Target	Buy	$110.00 ➝ $120.00	Medium
11/19/2019	Cowen	Boost Price Target	Market Perform	$88.00 ➝ $105.00	Medium
11/19/2019	Wedbush	Boost Price Target		$110.00 ➝ $130.00	Medium
11/19/2019	Mizuho	Boost Price Target	Neutral	$92.00 ➝ $102.00	Medium
11/19/2019	Barclays	Boost Price Target	Equal Weight	$105.00 ➝ $118.00	Medium
11/18/2019	FBN Securities	Reiterated Rating	Outperform		Medium
11/15/2019	Credit Suisse Group	Upgrade	Underperform ➝ Neutral	$79.00 ➝ $95.00	Low
11/12/2019	The Goldman Sachs Group	Initiated Coverage	Buy	$113.00	Medium
11/8/2019	Piper Jaffray Companies	Initiated Coverage	Overweight	$116.00	Low
11/4/2019	Evercore ISI	Set Price Target	Hold	$90.00	Medium
11/1/2019	FBN Securities	Set Price Target	Buy	$115.00	N/A
11/1/2019	Barclays	Set Price Target	Hold	$105.00	N/A
11/1/2019	JPMorgan Chase & Co.	Set Price Target	Buy	$108.00 ➝ $111.00	Medium
11/1/2019	Deutsche Bank Aktiengesellschaft	Set Price Target	Hold	$87.00 ➝ $97.00	Medium
11/1/2019	Morgan Stanley	Set Price Target	Hold	$79.00 ➝ $82.00	Medium
11/1/2019	Monness Crespi & Hardt	Boost Price Target	Buy	$102.00 ➝ $110.00	High
11/1/2019	BMO Capital Markets	Boost Price Target	Market Perform	$100.00 ➝ $104.00	High
11/1/2019	Mizuho	Boost Price Target	Neutral	$86.00 ➝ $92.00	High
9/15/2019	Robert W. Baird	Set Price Target	Hold	$100.00	Medium
8/4/2019	Barclays	Reiterated Rating	Hold	$99.00	High
8/2/2019	Morgan Stanley	Boost Price Target	Equal Weight	$77.00 ➝ $79.00	Medium
8/2/2019	Citigroup	Boost Price Target	Sell	$78.00 ➝ $80.00	Medium
8/2/2019	Monness Crespi & Hardt	Reiterated Rating	Buy ➝ Buy	$97.00 ➝ $102.00	High
8/2/2019	Bank of America	Upgrade	Neutral ➝ Buy		High
8/2/2019	Robert W. Baird	Reiterated Rating	Hold	$100.00	High
6/24/2019	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$93.00	High
6/11/2019	Morgan Stanley	Lower Price Target	Equal Weight	$84.00 ➝ $77.00	Medium
5/23/2019	Cowen	Initiated Coverage	Market Perform ➝ Market Perform	$85.00	High
5/7/2019	Evercore ISI	Reiterated Rating	Hold	$80.00	High
5/3/2019	Monness Crespi & Hardt	Reiterated Rating	Buy ➝ Buy	$95.00 ➝ $97.00	Medium
5/3/2019	Citigroup	Downgrade	Neutral ➝ Sell	$84.00 ➝ $78.00	Medium
5/3/2019	Northland Securities	Reiterated Rating	Buy	$100.00	High
4/16/2019	Stifel Nicolaus	Boost Price Target	Hold ➝ Hold	$85.00 ➝ $95.00	Medium
4/15/2019	OTR Global	Upgrade	Positive		Low
3/26/2019	Mizuho	Initiated Coverage	Neutral ➝ Neutral	$90.00	High
2/8/2019	First Analysis	Upgrade	Neutral ➝ Outperform	$80.00 ➝ $92.00	Medium
2/7/2019	Credit Suisse Group	Boost Price Target	Underperform	$60.00 ➝ $70.00	High
2/7/2019	Oppenheimer	Boost Price Target	Outperform	$88.00 ➝ $97.00	High
2/7/2019	Gabelli	Downgrade	Buy ➝ Hold		High
2/7/2019	BMO Capital Markets	Reiterated Rating	Market Perform ➝ Market Perform	$78.00 ➝ $90.00	High
1/22/2019	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform	$90.00 ➝ $78.00	Medium
1/18/2019	OTR Global	Downgrade	Positive		Low
1/7/2019	Oppenheimer	Lower Price Target		$97.00 ➝ $88.00	Low
1/4/2019	The Goldman Sachs Group	Downgrade	Buy ➝ Sell	$95.00 ➝ $59.00	High
12/10/2018	Guggenheim	Initiated Coverage	Neutral	$72.00	Low
11/26/2018	Raymond James	Upgrade	Market Perform ➝ Outperform		High
11/20/2018	Raymond James	Upgrade	Market Perform ➝ Outperform		Medium
11/5/2018	Dougherty & Co	Upgrade	Neutral ➝ Buy	$85.00	Medium
11/4/2018	Barclays	Reiterated Rating	Hold	$90.00	Medium
11/2/2018	JPMorgan Chase & Co.	Boost Price Target	Neutral ➝ Neutral	$76.00 ➝ $93.00	Low
11/2/2018	Citigroup	Boost Price Target	Neutral ➝ Neutral	$71.00 ➝ $84.00	Low
11/2/2018	BMO Capital Markets	Boost Price Target	Outperform ➝ Outperform	$76.00 ➝ $90.00	Low
11/2/2018	Royal Bank of Canada	Boost Price Target	Sector Perform	$76.00	High
11/2/2018	Monness Crespi & Hardt	Boost Price Target	Buy ➝ Buy	$76.00 ➝ $91.00	High
10/18/2018	Wedbush	Initiated Coverage	Outperform ➝ Outperform	$100.00	Low
10/18/2018	Robert W. Baird	Reiterated Rating	Neutral ➝ Neutral		Low
9/26/2018	Oppenheimer	Boost Price Target	Outperform	$82.00 ➝ $97.00	High
9/25/2018	The Goldman Sachs Group	Set Price Target	Buy	$95.00	Medium
9/20/2018	Bank of America	Downgrade	Buy ➝ Neutral	$77.00 ➝ $95.00	Low
9/18/2018	UBS Group	Downgrade	Buy ➝ Neutral	$80.00 ➝ $90.00	Medium
8/3/2018	Morgan Stanley	Boost Price Target	Equal Weight ➝ Hold	$55.00 ➝ $67.00	Low
8/2/2018	Bank of America	Boost Price Target	Buy ➝ Buy	$70.00 ➝ $77.00	High
8/2/2018	Citigroup	Boost Price Target	Neutral ➝ Neutral	$56.00 ➝ $71.00	High
8/2/2018	Piper Jaffray Companies	Boost Price Target	Overweight	$64.00 ➝ $80.00	High
8/2/2018	Susquehanna Bancshares	Boost Price Target	Neutral ➝ Neutral	$61.00 ➝ $68.00	High
8/2/2018	Barclays	Boost Price Target	Equal Weight ➝ Equal Weight	$63.00 ➝ $75.00	High
8/2/2018	Oppenheimer	Boost Price Target	Outperform	$70.00 ➝ $82.00	High
8/2/2018	Credit Suisse Group	Boost Price Target	Underperform ➝ Underperform	$43.00 ➝ $52.00	High
8/2/2018	Stifel Nicolaus	Boost Price Target	Hold ➝ Buy	$60.00 ➝ $72.00	High
8/2/2018	Royal Bank of Canada	Boost Price Target	Sector Perform	$69.00	High
8/2/2018	JPMorgan Chase & Co.	Boost Price Target	Neutral	$76.00	High
8/2/2018	BMO Capital Markets	Reiterated Rating	Outperform ➝ Outperform	$61.00 ➝ $76.00	High
7/31/2018	Monness Crespi & Hardt	Boost Price Target	Buy	$64.00 ➝ $70.00	Low
7/19/2018	Cleveland Research	Upgrade	Neutral ➝ Buy		Low
6/29/2018	Cleveland Research	Initiated Coverage	Neutral		Low
6/19/2018	Cowen	Downgrade	Outperform ➝ Market Perform		Low
6/11/2018	Bank of America	Boost Price Target	Buy ➝ Buy	$64.00 ➝ $70.00	Low
5/21/2018	UBS Group	Boost Price Target	Buy ➝ Buy	$64.00 ➝ $67.00	Low
5/4/2018	Bank of America	Boost Price Target	Buy ➝ Buy	$63.00 ➝ $64.00	Low
5/4/2018	Morgan Stanley	Set Price Target	Equal Weight ➝ Hold	$53.00 ➝ $55.00	Low
5/4/2018	Credit Suisse Group	Boost Price Target	Underperform ➝ Underperform	$37.00 ➝ $43.00	Low
5/4/2018	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold ➝ Hold	$47.00 ➝ $61.00	Low
5/4/2018	Stifel Nicolaus	Boost Price Target	Hold ➝ Hold	$46.00 ➝ $60.00	High
5/4/2018	Monness Crespi & Hardt	Boost Price Target	Buy ➝ Buy	$60.00 ➝ $64.00	High
5/4/2018	Piper Jaffray Companies	Reiterated Rating	Overweight	$64.00	High
5/4/2018	JPMorgan Chase & Co.	Boost Price Target	Neutral	$58.00	High
5/4/2018	BMO Capital Markets	Boost Price Target	Outperform ➝ Outperform	$58.00 ➝ $61.00	High
5/4/2018	Evercore ISI	Reiterated Rating	Hold	$53.00	High
4/24/2018	Bank of America	Boost Price Target	Buy ➝ Buy	$57.00 ➝ $63.00	High
4/16/2018	Citigroup	Boost Price Target	Neutral ➝ Neutral	$45.00 ➝ $56.00	Low
4/11/2018	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$53.00	High
3/29/2018	BMO Capital Markets	Reiterated Rating	Outperform ➝ Outperform	$50.00 ➝ $58.00	High
3/27/2018	Oppenheimer	Boost Price Target	Outperform	$55.00 ➝ $60.00	High
3/22/2018	KeyCorp	Reiterated Rating	Equal Weight		Low
3/21/2018	UBS Group	Boost Price Target	Buy ➝ Buy	$50.00 ➝ $62.00	Medium
2/28/2018	Oppenheimer	Boost Price Target	Outperform	$50.00 ➝ $55.00	Low
2/28/2018	Monness Crespi & Hardt	Reiterated Rating	Buy ➝ Buy	$50.00 ➝ $56.00	High
2/28/2018	Credit Suisse Group	Reiterated Rating	Sell	$37.00	Medium
2/28/2018	Piper Jaffray Companies	Reiterated Rating	Overweight	$57.00	Medium
2/6/2018	Bank of America	Boost Price Target	Buy ➝ Buy	$48.00 ➝ $49.00	High
2/6/2018	Morgan Stanley	Boost Price Target	Overweight ➝ Overweight	$51.00 ➝ $53.00	High
2/6/2018	Credit Suisse Group	Boost Price Target	Underperform ➝ Underperform	$33.00 ➝ $37.00	High
2/6/2018	Royal Bank of Canada	Boost Price Target	Sector Perform	$46.00	High
2/6/2018	Citigroup	Boost Price Target	Neutral ➝ Neutral	$41.00 ➝ $45.00	High
2/6/2018	Barclays	Boost Price Target	Equal Weight ➝ Equal Weight	$48.00 ➝ $50.00	High
2/6/2018	Stifel Nicolaus	Boost Price Target	Hold ➝ Hold	$42.00 ➝ $46.00	High
2/6/2018	BMO Capital Markets	Boost Price Target	Outperform ➝ Outperform	$45.00 ➝ $50.00	High
2/6/2018	Robert W. Baird	Reiterated Rating	Buy	$56.00	High
2/5/2018	Evercore ISI	Set Price Target	Hold	$42.00	High
2/1/2018	Dougherty & Co	Downgrade	Buy ➝ Neutral		Low
1/26/2018	JMP Securities	Boost Price Target	Market Outperform ➝ Market Outperform	$41.00 ➝ $54.00	Low
1/26/2018	Raymond James	Reiterated Rating	Outperform ➝ Market Perform		Medium
1/26/2018	Citigroup	Downgrade	Outperform ➝ Market Perform		Low
1/23/2018	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$46.00	High
1/19/2018	Monness Crespi & Hardt	Reiterated Rating	Buy ➝ Buy	$45.00 ➝ $50.00	Low
1/11/2018	Robert W. Baird	Boost Price Target	Outperform	$50.00 ➝ $56.00	Low
1/9/2018	Barclays	Downgrade	Overweight ➝ Equal Weight	$45.00 ➝ $48.00	N/A
1/8/2018	Oppenheimer	Boost Price Target	Outperform	$45.00 ➝ $50.00	Low
12/12/2017	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$50.00	Low
10/27/2017	UBS Group	Boost Price Target	Buy	$46.00 ➝ $47.00	N/A
10/27/2017	BMO Capital Markets	Lower Price Target	Outperform	$46.00 ➝ $45.00	N/A
10/27/2017	Piper Jaffray Companies	Reiterated Rating	Buy	$46.00	N/A
10/27/2017	Evercore ISI	Reiterated Rating	Hold	$38.00	N/A
10/24/2017	KeyCorp	Reiterated Rating	Buy	$46.00	N/A
10/18/2017	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$36.00 ➝ $48.00	N/A
10/12/2017	Piper Jaffray Companies	Reiterated Rating	Buy	$50.00	N/A
10/5/2017	Oppenheimer	Reiterated Rating	Buy	$45.00	N/A
10/5/2017	BMO Capital Markets	Reiterated Rating	Buy	$46.00	N/A
9/18/2017	Oppenheimer	Reiterated Rating	Buy	$45.00	Low
9/12/2017	Stifel Nicolaus	Reiterated Rating	Hold	$42.00	Low
9/8/2017	Cowen	Reiterated Rating	Buy	$43.00	Low
9/5/2017	Credit Suisse Group	Initiated Coverage	Underperform ➝ Underperform	$33.00	High
9/1/2017	BMO Capital Markets	Reiterated Rating	Buy	$46.00	N/A
8/25/2017	Piper Jaffray Companies	Set Price Target	Buy	$50.00	Low
7/28/2017	Royal Bank of Canada	Reiterated Rating	Hold	$42.00	Medium
7/28/2017	Cowen	Reiterated Rating	Buy	$43.00	High
7/27/2017	Dougherty & Co	Boost Price Target	Buy ➝ Buy	$46.00 ➝ $48.00	High
7/27/2017	Robert W. Baird	Set Price Target	Buy	$50.00	High
7/27/2017	Evercore ISI	Set Price Target	Hold	$38.00	High
7/5/2017	OTR Global	Upgrade	Positive		Low
6/29/2017	Northland Securities	Initiated Coverage	Outperform	$45.00	Low
6/22/2017	Oppenheimer	Reiterated Rating	Outperform	$45.00	Low
6/14/2017	Monness Crespi & Hardt	Initiated Coverage	Buy ➝ Buy	$45.00	Low
6/7/2017	Susquehanna Bancshares	Initiated Coverage	Neutral ➝ Neutral	$45.00	Low
4/28/2017	Robert W. Baird	Reiterated Rating	Buy		Low
4/28/2017	UBS Group	Boost Price Target	Buy ➝ Buy	$42.00 ➝ $45.00	N/A
4/28/2017	Royal Bank of Canada	Boost Price Target	Outperform ➝ Outperform	$35.00 ➝ $41.00	High
4/21/2017	Dougherty & Co	Boost Price Target	Buy ➝ Buy	$38.00 ➝ $46.00	Medium
4/21/2017	BMO Capital Markets	Upgrade	Market Perform ➝ Outperform	$44.00 ➝ $46.00	High
4/17/2017	Oppenheimer	Reiterated Rating	Outperform	$45.00	Low
4/17/2017	Stifel Nicolaus	Boost Price Target	Hold ➝ Hold	$36.00 ➝ $42.00	Medium
3/29/2017	Robert W. Baird	Upgrade	Neutral ➝ Outperform	$38.00 ➝ $50.00	High
2/6/2017	Oppenheimer	Reiterated Rating	Market Perform	$40.00 ➝ $42.00	N/A
2/3/2017	Royal Bank of Canada	Reiterated Rating	Hold	$30.00 ➝ $35.00	N/A
2/3/2017	Royal Bank of Canada	Boost Price Target	Sector Perform	$30.00 ➝ $35.00	N/A
2/3/2017	JMP Securities	Boost Price Target	Outperform	$34.00 ➝ $41.00	N/A
2/3/2017	Piper Jaffray Companies	Upgrade	Neutral ➝ Overweight	$43.00	N/A
2/3/2017	Robert W. Baird	Reiterated Rating	Neutral	$34.00 ➝ $38.00	N/A
1/12/2017	Oppenheimer	Reiterated Rating	Outperform	$40.00	N/A
1/6/2017	OTR Global	Downgrade	Positive		N/A
1/5/2017	BMO Capital Markets	Initiated Coverage	Market Perform	$35.00	N/A
12/12/2016	Gabelli	Reiterated Rating	Buy		N/A
11/15/2016	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$33.00 ➝ $39.00	N/A
10/28/2016	Needham & Company LLC	Lower Price Target	Buy	$41.00 ➝ $36.00	N/A
10/28/2016	Robert W. Baird	Reiterated Rating	Hold		N/A
10/21/2016	First Analysis	Initiated Coverage	Equal ➝ Equal Weight	$32.00	N/A

(Data available from 10/20/2016 forward)

News Sentiment Rating

0.36 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

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8 positive mentions
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3/24/2021

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4/23/2021

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5/23/2021

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6/22/2021

5 very positive mentions
15 positive mentions
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7/22/2021

12 very positive mentions
20 positive mentions
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8/21/2021

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9/20/2021

12 very positive mentions
30 positive mentions
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10/20/2021

Current Sentiment

Recent Stories by Sentiment

Fortinet, Inc. provides cybersecurity solutions to variety of business, such as enterprises, communication service providers and small businesses. It operates through the following segments: Network Security; Infrastructure Security; Cloud Security; and Endpoint Protection, Internet of Things and Operational Technology. The Network Security segment include majority of product sales from it FortiGate network security appliances. The Infrastructure Security segment provide platform which is an architectural approach that protects the entire digital attack surface, including network core, endpoints, applications, data centers and private and public cloud. Together with it network of Fabric-Ready Partners, the Fortinet Security Fabric platform enables disparate security devices to work together as an integrated, automated and collaborative solution. The Cloud Security segment provides help to the customers connect securely to and across their cloud environments by offering security through it virtual firewall and other software products in public and private cloud environments. The Endpoint Protection, Internet of Things and Operational Technology segment include the proliferation of I

Today's Range

Now: $333.45

$328.62

$336.61

50 Day Range

MA: $305.18

$287.88

$326.74

52 Week Range

Now: $333.45

$106.75

$336.61

Volume

706,449 shs

Average Volume

1,054,032 shs

Market Capitalization

$54.46 billion

P/E Ratio

107.56

Dividend Yield

N/A

Beta

1.12

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., Colliers Securities, 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, Stifel Nicolaus, The Goldman Sachs Group, Inc., Wedbush, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for FTNT.
What is the current price target for Fortinet?: 23 Wall Street analysts have set twelve-month price targets for Fortinet in the last year. Their average twelve-month price target is $265.39, suggesting a possible downside of 20.1%. Cowen Inc has the highest price target set, predicting FTNT will reach $385.00 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 13 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?: Other companies that are similar to Fortinet include Microsoft, Oracle, ServiceNow, VMware, Axon Enterprise, C3.ai, Qualys, Commvault Systems, Progress Software and FalconStor Software.
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.

NASDAQ:FTNT - Fortinet Stock Price Target and Predictions

Analyst Price Target for FTNT

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.36 (Hold)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Fortinet?

What is the current price target for Fortinet?

What is the current consensus analyst rating for Fortinet?

What other companies compete with Fortinet?

How do I contact Fortinet's investor relations team?