NASDAQ:FTNT - Fortinet Stock Price Target and Predictions

  • 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
▲ +1.33 (0.40%)

This chart shows the closing price for FTNT by one month, three months, or twelve months.

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Analyst Price Target for FTNT

Analyst Price Target is $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.

This chart shows the closing price for FTNT for the last year in relation to the current analyst high, average, and low pricetarget.

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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

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 12 buy ratings
  • 11 hold ratings
  • 2 sell ratings
4/28/2020
  • 0 strong buy ratings
  • 13 buy ratings
  • 12 hold ratings
  • 2 sell ratings
7/27/2020
  • 0 strong buy ratings
  • 13 buy ratings
  • 12 hold ratings
  • 2 sell ratings
10/25/2020
  • 0 strong buy ratings
  • 13 buy ratings
  • 11 hold ratings
  • 2 sell ratings
1/23/2021
  • 0 strong buy ratings
  • 11 buy ratings
  • 11 hold ratings
  • 3 sell ratings
4/23/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 10 hold ratings
  • 3 sell ratings
7/22/2021
  • 0 strong buy ratings
  • 10 buy ratings
  • 9 hold ratings
  • 3 sell ratings
9/20/2021
  • 0 strong buy ratings
  • 13 buy ratings
  • 9 hold ratings
  • 3 sell ratings
10/20/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/18/2021MizuhoBoost Price TargetNeutral$290.00 ➝ $310.00High
10/13/2021BarclaysBoost Price TargetEqual Weight$305.00 ➝ $320.00Low
10/12/2021Morgan StanleyBoost Price TargetEqual Weight$230.00 ➝ $295.00Low
10/4/2021Wells Fargo & CompanyInitiated CoverageOverweight$380.00High
9/28/2021CowenBoost Price TargetOutperform$335.00 ➝ $385.00High
9/28/2021The Goldman Sachs GroupReiterated RatingBuyHigh
9/21/2021Colliers SecuritiesReiterated RatingBuy$350.00Low
9/21/2021Stifel NicolausInitiated CoverageBuy$355.00Low
9/16/2021BMO Capital MarketsBoost Price TargetMarket Perform$300.00 ➝ $335.00Low
9/15/2021MizuhoBoost Price TargetNeutral$260.00 ➝ $290.00Low
8/30/2021WedbushBoost Price TargetOutperform$310.00 ➝ $350.00Low
8/13/2021BTIG ResearchBoost Price TargetPositive ➝ Buy$305.00 ➝ $345.00Low
7/30/2021Morgan StanleyBoost Price TargetEqual Weight$187.00 ➝ $230.00High
7/30/2021WedbushBoost Price TargetOutperform$240.00 ➝ $310.00High
7/30/2021BMO Capital MarketsBoost Price TargetMarket Perform$275.00 ➝ $300.00High
7/30/2021BTIG ResearchBoost Price TargetBuy$291.00 ➝ $305.00High
7/30/2021CowenBoost Price TargetOutperform$305.00 ➝ $335.00Low
7/30/2021Raymond JamesBoost Price TargetOutperform$280.00 ➝ $295.00Medium
7/30/2021Royal Bank of CanadaBoost Price TargetSector Perform$208.00 ➝ $248.00Low
7/30/2021KeyCorpBoost Price TargetPositive ➝ Overweight$297.00 ➝ $324.00Low
7/30/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$242.00 ➝ $250.00Low
7/30/2021MizuhoBoost Price TargetNeutral$250.00 ➝ $260.00Low
7/22/2021CowenBoost Price TargetOutperform$270.00 ➝ $305.00Medium
7/22/2021KeyCorpBoost Price TargetOverweight$240.00 ➝ $297.00Medium
7/20/2021BTIG ResearchBoost Price TargetPositive ➝ Buy$240.00 ➝ $291.00Medium
7/19/2021Raymond JamesBoost Price TargetOutperform$225.00 ➝ $280.00Low
7/16/2021MizuhoBoost Price TargetHold ➝ Neutral$208.00 ➝ $250.00Low
7/15/2021BarclaysBoost Price TargetEqual Weight$230.00 ➝ $260.00Low
7/12/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$190.00 ➝ $242.00Low
7/9/2021Piper SandlerBoost Price TargetNeutral$205.00 ➝ $265.00Low
6/29/2021Monness Crespi & HardtDowngradeBuy ➝ NeutralLow
6/21/2021CowenBoost Price TargetOutperform$250.00 ➝ $270.00Low
5/26/2021CowenInitiated CoverageOutperform$230.00Low
4/30/2021BMO Capital MarketsBoost Price TargetMarket Perform$214.00 ➝ $227.00High
4/30/2021Morgan StanleyBoost Price TargetEqual Weight$170.00 ➝ $187.00High
4/30/2021DA DavidsonBoost Price TargetBuy$200.00 ➝ $230.00High
4/30/2021Raymond JamesBoost Price TargetOutperform$200.00 ➝ $225.00High
4/30/2021Royal Bank of CanadaBoost Price TargetSector Perform$175.00 ➝ $208.00High
4/30/2021MizuhoBoost Price TargetNeutral$180.00 ➝ $208.00High
4/29/2021KeyCorpBoost Price TargetOverweight$233.00 ➝ $240.00High
4/23/2021KeyCorpBoost Price TargetOverweight$195.00 ➝ $233.00Low
4/21/2021Monness Crespi & HardtBoost Price TargetBuy$195.00 ➝ $225.00Low
4/19/2021BTIG ResearchBoost Price TargetBuy$205.00 ➝ $240.00Low
4/16/2021BarclaysBoost Price TargetEqual Weight$202.00 ➝ $210.00Low
3/10/2021MizuhoBoost Price Target$167.00 ➝ $180.00Medium
3/10/2021BarclaysBoost Price TargetEqual Weight$173.00 ➝ $202.00Medium
3/10/2021BTIG ResearchBoost Price TargetBuy$183.00 ➝ $205.00Medium
3/10/2021DA DavidsonBoost Price TargetBuy$180.00 ➝ $200.00Medium
3/10/2021BMO Capital MarketsBoost Price TargetMarket Perform$180.00 ➝ $195.00Medium
3/10/2021Royal Bank of CanadaBoost Price TargetSector Perform$162.00 ➝ $175.00Medium
3/10/2021Morgan StanleyBoost Price TargetEqual Weight$139.00 ➝ $170.00Low
3/10/2021Raymond JamesBoost Price TargetOutperform$175.00 ➝ $200.00High
3/10/2021Monness Crespi & HardtBoost Price TargetBuy$175.00 ➝ $195.00High
3/10/2021KeyCorpBoost Price TargetOverweight$185.00 ➝ $195.00High
3/10/2021Piper SandlerBoost Price TargetNeutral$150.00 ➝ $175.00High
2/11/2021OppenheimerReiterated RatingOutperform$190.00Low
2/5/2021CitigroupLower Price TargetSell$110.00 ➝ $104.00Low
2/5/2021Morgan StanleyBoost Price TargetEqual Weight$127.00 ➝ $139.00Medium
2/5/2021Monness Crespi & HardtBoost Price TargetBuy$155.00 ➝ $175.00Medium
2/5/2021Raymond JamesBoost Price TargetOutperform$155.00 ➝ $175.00Medium
2/5/2021Royal Bank of CanadaBoost Price TargetPositive ➝ Sector Perform$136.00 ➝ $162.00Medium
2/5/2021MizuhoBoost Price TargetNeutral$160.00 ➝ $167.00Medium
2/5/2021BarclaysBoost Price TargetEqual Weight$150.00 ➝ $173.00Medium
2/5/2021Pritchard CapitalLower Price TargetSell$110.00 ➝ $104.00Medium
1/22/2021BTIG ResearchUpgradeNeutral ➝ Buy$178.00Low
1/14/2021OTR GlobalUpgradePositiveLow
1/13/2021OppenheimerBoost Price TargetOutperform$160.00 ➝ $190.00High
1/12/2021MizuhoBoost Price TargetNeutral$130.00 ➝ $160.00High
1/12/2021DA DavidsonUpgradeNeutral ➝ Buy$130.00 ➝ $170.00High
1/8/2021The Goldman Sachs GroupBoost Price TargetBuy$152.00 ➝ $169.00High
1/4/2021Piper SandlerDowngradeOverweight ➝ Neutral$150.00N/A
12/16/2020MizuhoBoost Price TargetNeutral$130.00 ➝ $140.00Low
12/9/2020Edward JonesInitiated CoverageBuyMedium
12/9/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$140.00High
11/23/2020KeyCorpInitiated CoverageSector Weight ➝ Sector WeightHigh
10/30/2020Credit Suisse GroupBoost Price TargetNeutral$130.00 ➝ $135.00High
10/30/2020Morgan StanleyBoost Price TargetEqual Weight$124.00 ➝ $126.00High
10/20/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$143.00 ➝ $150.00Medium
10/15/2020MizuhoBoost Price TargetNeutral$123.00 ➝ $130.00High
9/21/2020OppenheimerReiterated RatingBuy$160.00High
8/26/2020UBS GroupBoost Price Target$134.00 ➝ $140.00Low
8/20/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$131.00High
8/11/2020OppenheimerInitiated CoverageBuy$160.00Low
8/10/2020CitigroupBoost Price TargetSell$92.00 ➝ $102.00Medium
8/7/2020Credit Suisse GroupBoost Price TargetNeutral$110.00 ➝ $130.00High
8/7/2020UBS GroupBoost Price TargetIn-Line ➝ Neutral$122.00 ➝ $134.00Medium
7/21/2020OppenheimerReiterated RatingBuyMedium
7/15/2020OTR GlobalDowngradePositiveLow
7/15/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$129.00 ➝ $140.00Medium
7/14/2020Morgan StanleyBoost Price TargetEqual Weight$116.00 ➝ $124.00Medium
7/7/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$135.00Low
6/29/2020OppenheimerReiterated RatingBuy$160.00High
6/24/2020Monness Crespi & HardtBoost Price TargetBuy$140.00 ➝ $155.00High
6/16/2020Piper SandlerBoost Price TargetOverweight$125.00 ➝ $146.00Low
6/3/2020WedbushBoost Price TargetPositive ➝ Outperform$150.00 ➝ $170.00Medium
5/20/2020OppenheimerBoost Price TargetOutperform$145.00 ➝ $160.00Low
5/13/2020MizuhoReiterated RatingHold$123.00Low
5/13/2020OppenheimerBoost Price TargetOutperform$135.00 ➝ $145.00Low
5/8/2020CitigroupBoost Price TargetSell$88.00 ➝ $92.00Low
5/7/2020MizuhoBoost Price TargetNeutral$116.00 ➝ $123.00Medium
5/7/2020Robert W. BairdBoost Price TargetNeutral$105.00 ➝ $120.00Medium
5/7/2020UBS GroupBoost Price TargetNeutral$115.00 ➝ $122.00Medium
5/7/2020Bank of AmericaReiterated RatingBuy$120.00 ➝ $140.00Medium
5/7/2020DA DavidsonBoost Price TargetNeutral$90.00 ➝ $110.00Medium
5/7/2020BarclaysBoost Price TargetEqual Weight$122.00 ➝ $132.00High
5/7/2020Raymond JamesBoost Price TargetOutperform$115.00 ➝ $133.00High
5/7/2020Credit Suisse GroupBoost Price TargetNeutral$100.00 ➝ $110.00High
5/7/2020Morgan StanleyBoost Price TargetEqual Weight$100.00 ➝ $116.00High
5/7/2020Monness Crespi & HardtBoost Price TargetBuy$133.00 ➝ $140.00High
5/7/2020OppenheimerBoost Price TargetOutperform$115.00 ➝ $135.00High
5/7/2020Piper SandlerBoost Price TargetOverweight$110.00 ➝ $125.00High
5/4/2020Evercore ISIInitiated CoverageOutperform$128.00Medium
4/21/2020CowenLower Price TargetMarket Perform$115.00 ➝ $105.00High
4/14/2020BarclaysReiterated RatingHold$122.00Medium
4/3/2020Raymond JamesLower Price TargetOutperform$136.00 ➝ $115.00Medium
3/27/2020BTIG ResearchInitiated CoverageNeutralLow
3/25/2020Morgan StanleyLower Price TargetEqual Weight$120.00 ➝ $100.00Medium
3/20/2020The Goldman Sachs GroupLower Price TargetBuy$135.00 ➝ $96.00Medium
3/17/2020DA DavidsonDowngradeBuy ➝ Neutral$140.00 ➝ $90.00High
2/12/2020CfraBoost Price TargetHold$95.00 ➝ $125.00Low
2/7/2020Piper SandlerBoost Price TargetOverweight$126.00 ➝ $135.00Low
2/7/2020Morgan StanleyBoost Price TargetEqual Weight$111.00 ➝ $120.00Medium
2/7/2020Monness Crespi & HardtBoost Price TargetBuy$120.00 ➝ $133.00High
2/7/2020WedbushBoost Price TargetBuy$130.00 ➝ $150.00High
2/7/2020Credit Suisse GroupBoost Price TargetNeutral$95.00 ➝ $115.00High
2/3/2020Northland SecuritiesBoost Price TargetOutperform$100.00 ➝ $135.00Low
2/3/2020BMO Capital MarketsBoost Price TargetMarket Perform$115.00 ➝ $132.00Low
1/22/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$133.00Medium
1/13/2020DA DavidsonInitiated CoverageBuy$130.00Low
1/13/2020OppenheimerBoost Price TargetOutperform$110.00 ➝ $130.00Medium
11/20/2019BMO Capital MarketsBoost Price TargetMarket Perform$115.00Low
11/19/2019Royal Bank of CanadaReiterated RatingSector Perform ➝ Neutral$100.00 ➝ $109.00Low
11/19/2019Morgan StanleyBoost Price TargetEqual Weight$82.00 ➝ $96.00Low
11/19/2019Monness Crespi & HardtBoost Price TargetBuy$110.00 ➝ $120.00Medium
11/19/2019CowenBoost Price TargetMarket Perform$88.00 ➝ $105.00Medium
11/19/2019WedbushBoost Price Target$110.00 ➝ $130.00Medium
11/19/2019MizuhoBoost Price TargetNeutral$92.00 ➝ $102.00Medium
11/19/2019BarclaysBoost Price TargetEqual Weight$105.00 ➝ $118.00Medium
11/18/2019FBN SecuritiesReiterated RatingOutperformMedium
11/15/2019Credit Suisse GroupUpgradeUnderperform ➝ Neutral$79.00 ➝ $95.00Low
11/12/2019The Goldman Sachs GroupInitiated CoverageBuy$113.00Medium
11/8/2019Piper Jaffray CompaniesInitiated CoverageOverweight$116.00Low
11/4/2019Evercore ISISet Price TargetHold$90.00Medium
11/1/2019FBN SecuritiesSet Price TargetBuy$115.00N/A
11/1/2019BarclaysSet Price TargetHold$105.00N/A
11/1/2019JPMorgan Chase & Co.Set Price TargetBuy$108.00 ➝ $111.00Medium
11/1/2019Deutsche Bank AktiengesellschaftSet Price TargetHold$87.00 ➝ $97.00Medium
11/1/2019Morgan StanleySet Price TargetHold$79.00 ➝ $82.00Medium
11/1/2019Monness Crespi & HardtBoost Price TargetBuy$102.00 ➝ $110.00High
11/1/2019BMO Capital MarketsBoost Price TargetMarket Perform$100.00 ➝ $104.00High
11/1/2019MizuhoBoost Price TargetNeutral$86.00 ➝ $92.00High
9/15/2019Robert W. BairdSet Price TargetHold$100.00Medium
8/4/2019BarclaysReiterated RatingHold$99.00High
8/2/2019Morgan StanleyBoost Price TargetEqual Weight$77.00 ➝ $79.00Medium
8/2/2019CitigroupBoost Price TargetSell$78.00 ➝ $80.00Medium
8/2/2019Monness Crespi & HardtReiterated RatingBuy ➝ Buy$97.00 ➝ $102.00High
8/2/2019Bank of AmericaUpgradeNeutral ➝ BuyHigh
8/2/2019Robert W. BairdReiterated RatingHold$100.00High
6/24/2019JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$93.00High
6/11/2019Morgan StanleyLower Price TargetEqual Weight$84.00 ➝ $77.00Medium
5/23/2019CowenInitiated CoverageMarket Perform ➝ Market Perform$85.00High
5/7/2019Evercore ISIReiterated RatingHold$80.00High
5/3/2019Monness Crespi & HardtReiterated RatingBuy ➝ Buy$95.00 ➝ $97.00Medium
5/3/2019CitigroupDowngradeNeutral ➝ Sell$84.00 ➝ $78.00Medium
5/3/2019Northland SecuritiesReiterated RatingBuy$100.00High
4/16/2019Stifel NicolausBoost Price TargetHold ➝ Hold$85.00 ➝ $95.00Medium
4/15/2019OTR GlobalUpgradePositiveLow
3/26/2019MizuhoInitiated CoverageNeutral ➝ Neutral$90.00High
2/8/2019First AnalysisUpgradeNeutral ➝ Outperform$80.00 ➝ $92.00Medium
2/7/2019Credit Suisse GroupBoost Price TargetUnderperform$60.00 ➝ $70.00High
2/7/2019OppenheimerBoost Price TargetOutperform$88.00 ➝ $97.00High
2/7/2019GabelliDowngradeBuy ➝ HoldHigh
2/7/2019BMO Capital MarketsReiterated RatingMarket Perform ➝ Market Perform$78.00 ➝ $90.00High
1/22/2019BMO Capital MarketsDowngradeOutperform ➝ Market Perform$90.00 ➝ $78.00Medium
1/18/2019OTR GlobalDowngradePositiveLow
1/7/2019OppenheimerLower Price Target$97.00 ➝ $88.00Low
1/4/2019The Goldman Sachs GroupDowngradeBuy ➝ Sell$95.00 ➝ $59.00High
12/10/2018GuggenheimInitiated CoverageNeutral$72.00Low
11/26/2018Raymond JamesUpgradeMarket Perform ➝ OutperformHigh
11/20/2018Raymond JamesUpgradeMarket Perform ➝ OutperformMedium
11/5/2018Dougherty & CoUpgradeNeutral ➝ Buy$85.00Medium
11/4/2018BarclaysReiterated RatingHold$90.00Medium
11/2/2018JPMorgan Chase & Co.Boost Price TargetNeutral ➝ Neutral$76.00 ➝ $93.00Low
11/2/2018CitigroupBoost Price TargetNeutral ➝ Neutral$71.00 ➝ $84.00Low
11/2/2018BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$76.00 ➝ $90.00Low
11/2/2018Royal Bank of CanadaBoost Price TargetSector Perform$76.00High
11/2/2018Monness Crespi & HardtBoost Price TargetBuy ➝ Buy$76.00 ➝ $91.00High
10/18/2018WedbushInitiated CoverageOutperform ➝ Outperform$100.00Low
10/18/2018Robert W. BairdReiterated RatingNeutral ➝ NeutralLow
9/26/2018OppenheimerBoost Price TargetOutperform$82.00 ➝ $97.00High
9/25/2018The Goldman Sachs GroupSet Price TargetBuy$95.00Medium
9/20/2018Bank of AmericaDowngradeBuy ➝ Neutral$77.00 ➝ $95.00Low
9/18/2018UBS GroupDowngradeBuy ➝ Neutral$80.00 ➝ $90.00Medium
8/3/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Hold$55.00 ➝ $67.00Low
8/2/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$70.00 ➝ $77.00High
8/2/2018CitigroupBoost Price TargetNeutral ➝ Neutral$56.00 ➝ $71.00High
8/2/2018Piper Jaffray CompaniesBoost Price TargetOverweight$64.00 ➝ $80.00High
8/2/2018Susquehanna BancsharesBoost Price TargetNeutral ➝ Neutral$61.00 ➝ $68.00High
8/2/2018BarclaysBoost Price TargetEqual Weight ➝ Equal Weight$63.00 ➝ $75.00High
8/2/2018OppenheimerBoost Price TargetOutperform$70.00 ➝ $82.00High
8/2/2018Credit Suisse GroupBoost Price TargetUnderperform ➝ Underperform$43.00 ➝ $52.00High
8/2/2018Stifel NicolausBoost Price TargetHold ➝ Buy$60.00 ➝ $72.00High
8/2/2018Royal Bank of CanadaBoost Price TargetSector Perform$69.00High
8/2/2018JPMorgan Chase & Co.Boost Price TargetNeutral$76.00High
8/2/2018BMO Capital MarketsReiterated RatingOutperform ➝ Outperform$61.00 ➝ $76.00High
7/31/2018Monness Crespi & HardtBoost Price TargetBuy$64.00 ➝ $70.00Low
7/19/2018Cleveland ResearchUpgradeNeutral ➝ BuyLow
6/29/2018Cleveland ResearchInitiated CoverageNeutralLow
6/19/2018CowenDowngradeOutperform ➝ Market PerformLow
6/11/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$64.00 ➝ $70.00Low
5/21/2018UBS GroupBoost Price TargetBuy ➝ Buy$64.00 ➝ $67.00Low
5/4/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$63.00 ➝ $64.00Low
5/4/2018Morgan StanleySet Price TargetEqual Weight ➝ Hold$53.00 ➝ $55.00Low
5/4/2018Credit Suisse GroupBoost Price TargetUnderperform ➝ Underperform$37.00 ➝ $43.00Low
5/4/2018Deutsche Bank AktiengesellschaftBoost Price TargetHold ➝ Hold$47.00 ➝ $61.00Low
5/4/2018Stifel NicolausBoost Price TargetHold ➝ Hold$46.00 ➝ $60.00High
5/4/2018Monness Crespi & HardtBoost Price TargetBuy ➝ Buy$60.00 ➝ $64.00High
5/4/2018Piper Jaffray CompaniesReiterated RatingOverweight$64.00High
5/4/2018JPMorgan Chase & Co.Boost Price TargetNeutral$58.00High
5/4/2018BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$58.00 ➝ $61.00High
5/4/2018Evercore ISIReiterated RatingHold$53.00High
4/24/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$57.00 ➝ $63.00High
4/16/2018CitigroupBoost Price TargetNeutral ➝ Neutral$45.00 ➝ $56.00Low
4/11/2018Morgan StanleyDowngradeOverweight ➝ Equal Weight$53.00High
3/29/2018BMO Capital MarketsReiterated RatingOutperform ➝ Outperform$50.00 ➝ $58.00High
3/27/2018OppenheimerBoost Price TargetOutperform$55.00 ➝ $60.00High
3/22/2018KeyCorpReiterated RatingEqual WeightLow
3/21/2018UBS GroupBoost Price TargetBuy ➝ Buy$50.00 ➝ $62.00Medium
2/28/2018OppenheimerBoost Price TargetOutperform$50.00 ➝ $55.00Low
2/28/2018Monness Crespi & HardtReiterated RatingBuy ➝ Buy$50.00 ➝ $56.00High
2/28/2018Credit Suisse GroupReiterated RatingSell$37.00Medium
2/28/2018Piper Jaffray CompaniesReiterated RatingOverweight$57.00Medium
2/6/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$48.00 ➝ $49.00High
2/6/2018Morgan StanleyBoost Price TargetOverweight ➝ Overweight$51.00 ➝ $53.00High
2/6/2018Credit Suisse GroupBoost Price TargetUnderperform ➝ Underperform$33.00 ➝ $37.00High
2/6/2018Royal Bank of CanadaBoost Price TargetSector Perform$46.00High
2/6/2018CitigroupBoost Price TargetNeutral ➝ Neutral$41.00 ➝ $45.00High
2/6/2018BarclaysBoost Price TargetEqual Weight ➝ Equal Weight$48.00 ➝ $50.00High
2/6/2018Stifel NicolausBoost Price TargetHold ➝ Hold$42.00 ➝ $46.00High
2/6/2018BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$45.00 ➝ $50.00High
2/6/2018Robert W. BairdReiterated RatingBuy$56.00High
2/5/2018Evercore ISISet Price TargetHold$42.00High
2/1/2018Dougherty & CoDowngradeBuy ➝ NeutralLow
1/26/2018JMP SecuritiesBoost Price TargetMarket Outperform ➝ Market Outperform$41.00 ➝ $54.00Low
1/26/2018Raymond JamesReiterated RatingOutperform ➝ Market PerformMedium
1/26/2018CitigroupDowngradeOutperform ➝ Market PerformLow
1/23/2018Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$46.00High
1/19/2018Monness Crespi & HardtReiterated RatingBuy ➝ Buy$45.00 ➝ $50.00Low
1/11/2018Robert W. BairdBoost Price TargetOutperform$50.00 ➝ $56.00Low
1/9/2018BarclaysDowngradeOverweight ➝ Equal Weight$45.00 ➝ $48.00N/A
1/8/2018OppenheimerBoost Price TargetOutperform$45.00 ➝ $50.00Low
12/12/2017JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$50.00Low
10/27/2017UBS GroupBoost Price TargetBuy$46.00 ➝ $47.00N/A
10/27/2017BMO Capital MarketsLower Price TargetOutperform$46.00 ➝ $45.00N/A
10/27/2017Piper Jaffray CompaniesReiterated RatingBuy$46.00N/A
10/27/2017Evercore ISIReiterated RatingHold$38.00N/A
10/24/2017KeyCorpReiterated RatingBuy$46.00N/A
10/18/2017Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$36.00 ➝ $48.00N/A
10/12/2017Piper Jaffray CompaniesReiterated RatingBuy$50.00N/A
10/5/2017OppenheimerReiterated RatingBuy$45.00N/A
10/5/2017BMO Capital MarketsReiterated RatingBuy$46.00N/A
9/18/2017OppenheimerReiterated RatingBuy$45.00Low
9/12/2017Stifel NicolausReiterated RatingHold$42.00Low
9/8/2017CowenReiterated RatingBuy$43.00Low
9/5/2017Credit Suisse GroupInitiated CoverageUnderperform ➝ Underperform$33.00High
9/1/2017BMO Capital MarketsReiterated RatingBuy$46.00N/A
8/25/2017Piper Jaffray CompaniesSet Price TargetBuy$50.00Low
7/28/2017Royal Bank of CanadaReiterated RatingHold$42.00Medium
7/28/2017CowenReiterated RatingBuy$43.00High
7/27/2017Dougherty & CoBoost Price TargetBuy ➝ Buy$46.00 ➝ $48.00High
7/27/2017Robert W. BairdSet Price TargetBuy$50.00High
7/27/2017Evercore ISISet Price TargetHold$38.00High
7/5/2017OTR GlobalUpgradePositiveLow
6/29/2017Northland SecuritiesInitiated CoverageOutperform$45.00Low
6/22/2017OppenheimerReiterated RatingOutperform$45.00Low
6/14/2017Monness Crespi & HardtInitiated CoverageBuy ➝ Buy$45.00Low
6/7/2017Susquehanna BancsharesInitiated CoverageNeutral ➝ Neutral$45.00Low
4/28/2017Robert W. BairdReiterated RatingBuyLow
4/28/2017UBS GroupBoost Price TargetBuy ➝ Buy$42.00 ➝ $45.00N/A
4/28/2017Royal Bank of CanadaBoost Price TargetOutperform ➝ Outperform$35.00 ➝ $41.00High
4/21/2017Dougherty & CoBoost Price TargetBuy ➝ Buy$38.00 ➝ $46.00Medium
4/21/2017BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$44.00 ➝ $46.00High
4/17/2017OppenheimerReiterated RatingOutperform$45.00Low
4/17/2017Stifel NicolausBoost Price TargetHold ➝ Hold$36.00 ➝ $42.00Medium
3/29/2017Robert W. BairdUpgradeNeutral ➝ Outperform$38.00 ➝ $50.00High
2/6/2017OppenheimerReiterated RatingMarket Perform$40.00 ➝ $42.00N/A
2/3/2017Royal Bank of CanadaReiterated RatingHold$30.00 ➝ $35.00N/A
2/3/2017Royal Bank of CanadaBoost Price TargetSector Perform$30.00 ➝ $35.00N/A
2/3/2017JMP SecuritiesBoost Price TargetOutperform$34.00 ➝ $41.00N/A
2/3/2017Piper Jaffray CompaniesUpgradeNeutral ➝ Overweight$43.00N/A
2/3/2017Robert W. BairdReiterated RatingNeutral$34.00 ➝ $38.00N/A
1/12/2017OppenheimerReiterated RatingOutperform$40.00N/A
1/6/2017OTR GlobalDowngradePositiveN/A
1/5/2017BMO Capital MarketsInitiated CoverageMarket Perform$35.00N/A
12/12/2016GabelliReiterated RatingBuyN/A
11/15/2016Morgan StanleyUpgradeEqual Weight ➝ Overweight$33.00 ➝ $39.00N/A
10/28/2016Needham & Company LLCLower Price TargetBuy$41.00 ➝ $36.00N/A
10/28/2016Robert W. BairdReiterated RatingHoldN/A
10/21/2016First AnalysisInitiated CoverageEqual ➝ Equal Weight$32.00N/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

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/24/2021
  • 0 very positive mentions
  • 5 positive mentions
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4/23/2021
  • 0 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/23/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
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6/22/2021
  • 5 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
7/22/2021
  • 12 very positive mentions
  • 20 positive mentions
  • 0 negative mentions
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8/21/2021
  • 16 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
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9/20/2021
  • 12 very positive mentions
  • 30 positive mentions
  • 6 negative mentions
  • 2 very negative mentions
10/20/2021

Current Sentiment

  • 12 very positive mentions
  • 30 positive mentions
  • 6 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

Fortinet logo
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
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Today's Range

Now: $333.45
Low: $328.62
High: $336.61

50 Day Range

MA: $305.18
Low: $287.88
High: $326.74

52 Week Range

Now: $333.45
Low: $106.75
High: $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.