• Consensus Rating: Buy
  • Consensus Price Target: $66.15
  • Forecasted Upside: 25.53%
  • Number of Analysts: 25
  • Breakdown:
  • 0 Sell Ratings
  • 8 Hold Ratings
  • 17 Buy Ratings
  • 0 Strong Buy Ratings
$52.70
▼ -0.51 (-0.96%)

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 $66.15
▲ +25.53% Upside 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 $66.15, with a high forecast of $78.00 and a low forecast of $53.00. The average price target represents a 25.53% upside from the last price of $52.70.

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 Buy

The current consensus among 25 investment analysts is to buy stock in Fortinet. This Buy 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
  • 14 buy ratings
  • 8 hold ratings
  • 1 sell ratings
8/7/2021
  • 0 strong buy ratings
  • 18 buy ratings
  • 6 hold ratings
  • 1 sell ratings
11/5/2021
  • 0 strong buy ratings
  • 15 buy ratings
  • 6 hold ratings
  • 1 sell ratings
2/3/2022
  • 0 strong buy ratings
  • 14 buy ratings
  • 8 hold ratings
  • 0 sell ratings
5/4/2022
  • 0 strong buy ratings
  • 14 buy ratings
  • 6 hold ratings
  • 0 sell ratings
8/2/2022
  • 0 strong buy ratings
  • 17 buy ratings
  • 6 hold ratings
  • 0 sell ratings
10/31/2022
  • 0 strong buy ratings
  • 15 buy ratings
  • 6 hold ratings
  • 0 sell ratings
12/30/2022
  • 0 strong buy ratings
  • 17 buy ratings
  • 8 hold ratings
  • 0 sell ratings
1/29/2023

Latest Recommendations

  • 0 strong buy ratings
  • 17 buy ratings
  • 8 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/27/2023MizuhoDowngradeBuy ➝ Neutral$60.00Low
1/24/2023Morgan StanleyLower TargetOverweight$71.00 ➝ $69.00Low
1/24/2023JPMorgan Chase & Co.Initiated CoverageOverweight$69.00Low
1/23/2023GuggenheimInitiated CoverageNeutralLow
1/23/2023Deutsche Bank AktiengesellschaftLower TargetHold$63.00 ➝ $53.00Low
1/20/2023MizuhoLower TargetBuy ➝ Neutral$65.00 ➝ $60.00Low
1/17/2023ScotiabankInitiated CoverageSector Outperform$65.00Low
1/13/2023BTIG ResearchDowngradeBuy ➝ NeutralLow
1/11/2023BarclaysLower TargetOverweight$57.00 ➝ $56.00Low
1/5/2023Piper SandlerLower TargetNeutral$60.00 ➝ $57.00Low
12/22/2022Morgan StanleyBoost TargetOverweight$66.00 ➝ $71.00Low
11/16/2022KeyCorpLower TargetOverweight$63.00 ➝ $62.00Low
11/4/2022KeyCorpLower TargetOverweight$68.00 ➝ $63.00Low
11/3/2022Morgan StanleyLower TargetOverweight$69.00 ➝ $66.00Low
11/3/2022BMO Capital MarketsLower TargetOutperform$68.00 ➝ $58.00Low
11/3/2022WedbushLower Target$76.00 ➝ $64.00Low
11/3/2022Raymond JamesLower TargetOutperform$70.00 ➝ $60.00Low
11/3/2022Royal Bank of CanadaLower TargetSector Perform$69.00 ➝ $57.00Low
11/3/2022BTIG ResearchLower TargetBuy$80.00 ➝ $62.00Low
11/3/2022OppenheimerLower TargetOutperform$80.00 ➝ $70.00Low
10/19/2022Robert W. BairdReiterated RatingOutperform$70.00Low
10/11/2022BarclaysLower Target$77.00 ➝ $65.00Low
10/7/2022Morgan StanleyUpgradeEqual Weight ➝ Overweight$66.00 ➝ $69.00Low
10/7/2022Sumitomo Mitsui Financial GroupInitiated CoverageOutperform$70.00Low
9/15/2022MKM PartnersInitiated CoverageBuy$70.00Low
9/15/2022Jefferies Financial GroupInitiated CoverageBuy$65.00Low
9/7/2022Cantor FitzgeraldInitiated CoverageOverweight$70.00Low
9/2/2022Atlantic SecuritiesInitiated CoverageOverweight$76.00Low
8/9/2022Evercore ISILower Target$75.00N/A
8/4/2022BMO Capital MarketsLower TargetOutperform$70.00 ➝ $68.00Low
8/4/2022BarclaysLower TargetOverweight$80.00 ➝ $77.00Low
8/4/2022UBS GroupLower TargetNeutral$68.00 ➝ $65.00Low
8/4/2022Deutsche Bank AktiengesellschaftBoost Target$60.00 ➝ $63.00Low
7/22/2022CitigroupLower TargetBuy$81.00 ➝ $78.00Low
7/18/2022Wells Fargo & CompanyLower TargetOverweight$80.00 ➝ $70.00Low
6/28/2022BarclaysLower TargetOverweight$80.00Low
6/28/2022OppenheimerLower TargetOutperform$80.00Low
6/28/2022BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$70.00Low
6/27/2022Morgan StanleyLower TargetEqual Weight$66.00Low
5/12/2022BMO Capital MarketsLower Target$72.00 ➝ $65.00High
5/11/2022Deutsche Bank AktiengesellschaftLower Target$64.00 ➝ $60.00High
5/11/2022KeyCorpLower Target$82.00 ➝ $70.60High
5/5/2022WedbushLower Target$74.00 ➝ $68.00High
5/5/2022Deutsche Bank AktiengesellschaftBoost Target$50.00 ➝ $64.00High
5/5/2022Wells Fargo & CompanyBoost Target$72.00 ➝ $80.00High
5/5/2022MizuhoUpgradeNeutral ➝ Buy$68.00 ➝ $70.00High
4/14/2022WedbushBoost TargetOutperform$70.00 ➝ $74.00High
4/12/2022The Goldman Sachs GroupBoost Target$72.40 ➝ $78.00Low
3/29/2022BarclaysUpgradeEqual Weight ➝ Overweight$72.80 ➝ $79.00Medium
3/25/2022Bank of AmericaDowngradeBuy ➝ Neutral$77.00 ➝ $71.00Medium
3/17/2022Deutsche Bank AktiengesellschaftLower TargetHold$61.00 ➝ $50.00Medium
2/4/2022BarclaysBoost TargetEqual Weight$71.00 ➝ $72.80High
2/4/2022MizuhoBoost TargetNeutral$65.00 ➝ $68.00High
2/4/2022Deutsche Bank AktiengesellschaftLower TargetHold$64.00 ➝ $61.00High
2/4/2022BMO Capital MarketsBoost TargetMarket Perform$70.60 ➝ $73.00High
2/4/2022UBS GroupLower TargetNeutral$74.00 ➝ $68.00High
2/4/2022WedbushLower TargetOutperform$80.00 ➝ $70.00High
2/4/2022Wells Fargo & CompanyBoost TargetOverweight$65.00 ➝ $72.00High
2/4/2022Raymond JamesLower TargetOutperform$76.00 ➝ $70.00High
2/4/2022CitigroupBoost TargetBuy$78.00 ➝ $81.00High
1/28/2022Wells Fargo & CompanyLower TargetOverweight$87.00 ➝ $65.00High
1/24/2022CitigroupInitiated CoverageBuy$78.00High
1/18/2022MizuhoLower Target$67.00 ➝ $65.00Medium
11/8/2021Deutsche Bank AktiengesellschaftBoost TargetHold$58.60 ➝ $64.00High
11/5/2021Wells Fargo & CompanyReiterated RatingBuy$86.80High
11/5/2021William BlairReiterated RatingOutperformHigh
11/5/2021BarclaysBoost TargetEqual Weight$64.00 ➝ $71.00High
11/5/2021BTIG ResearchBoost TargetBuy$69.00 ➝ $78.20Medium
11/5/2021Raymond JamesBoost TargetOutperform$59.00 ➝ $76.00Medium
11/5/2021CowenBoost TargetOutperform$77.00 ➝ $85.00Medium
11/5/2021The Goldman Sachs GroupBoost TargetBuy$67.00 ➝ $76.00Low
11/5/2021OppenheimerBoost TargetOutperform$69.00 ➝ $80.00Low
11/5/2021Royal Bank of CanadaBoost TargetSector Perform$49.60 ➝ $69.40High
11/5/2021BMO Capital MarketsBoost TargetMarket Perform$67.00 ➝ $75.00High
11/5/2021MizuhoBoost TargetNeutral$62.00 ➝ $71.00High
10/25/2021KeyCorpBoost TargetOverweight$64.80 ➝ $74.00High
10/18/2021MizuhoBoost TargetNeutral$58.00 ➝ $62.00High
10/13/2021BarclaysBoost TargetEqual Weight$61.00 ➝ $64.00Low
10/12/2021Morgan StanleyBoost TargetEqual Weight$46.00 ➝ $59.00Low
10/4/2021Wells Fargo & CompanyInitiated CoverageOverweight$76.00High
9/28/2021CowenBoost TargetOutperform$67.00 ➝ $77.00High
9/28/2021The Goldman Sachs GroupReiterated RatingBuyHigh
9/21/2021Colliers SecuritiesReiterated RatingBuy$70.00Low
9/21/2021Stifel NicolausInitiated CoverageBuy$71.00Low
9/16/2021BMO Capital MarketsBoost TargetMarket Perform$60.00 ➝ $67.00Low
9/15/2021MizuhoBoost TargetNeutral$52.00 ➝ $58.00Low
8/30/2021WedbushBoost TargetOutperform$62.00 ➝ $70.00Low
8/13/2021BTIG ResearchBoost TargetPositive ➝ Buy$61.00 ➝ $69.00Low
7/30/2021Morgan StanleyBoost TargetEqual Weight$37.40 ➝ $46.00High
7/30/2021WedbushBoost TargetOutperform$48.00 ➝ $62.00High
7/30/2021BMO Capital MarketsBoost TargetMarket Perform$55.00 ➝ $60.00High
7/30/2021BTIG ResearchBoost TargetBuy$58.20 ➝ $61.00High
7/30/2021CowenBoost TargetOutperform$61.00 ➝ $67.00Low
7/30/2021Raymond JamesBoost TargetOutperform$56.00 ➝ $59.00Medium
7/30/2021Royal Bank of CanadaBoost TargetSector Perform$41.60 ➝ $49.60Low
7/30/2021KeyCorpBoost TargetPositive ➝ Overweight$59.40 ➝ $64.80Low
7/30/2021Deutsche Bank AktiengesellschaftBoost TargetHold$48.40 ➝ $50.00Low
7/30/2021MizuhoBoost TargetNeutral$50.00 ➝ $52.00Low
7/22/2021CowenBoost TargetOutperform$54.00 ➝ $61.00Medium
7/22/2021KeyCorpBoost TargetOverweight$48.00 ➝ $59.40Medium
7/20/2021BTIG ResearchBoost TargetPositive ➝ Buy$48.00 ➝ $58.20Medium
7/19/2021Raymond JamesBoost TargetOutperform$45.00 ➝ $56.00Low
7/16/2021MizuhoBoost TargetHold ➝ Neutral$41.60 ➝ $50.00Low
7/15/2021BarclaysBoost TargetEqual Weight$46.00 ➝ $52.00Low
7/12/2021Deutsche Bank AktiengesellschaftBoost TargetHold$38.00 ➝ $48.40Low
7/9/2021Piper SandlerBoost TargetNeutral$41.00 ➝ $53.00Low
6/29/2021Monness Crespi & HardtDowngradeBuy ➝ NeutralLow
6/21/2021CowenBoost TargetOutperform$50.00 ➝ $54.00Low
5/26/2021CowenInitiated CoverageOutperform$46.00Low
4/30/2021BMO Capital MarketsBoost TargetMarket Perform$42.80 ➝ $45.40High
4/30/2021Morgan StanleyBoost TargetEqual Weight$34.00 ➝ $37.40High
4/30/2021DA DavidsonBoost TargetBuy$40.00 ➝ $46.00High
4/30/2021Raymond JamesBoost TargetOutperform$40.00 ➝ $45.00High
4/30/2021Royal Bank of CanadaBoost TargetSector Perform$35.00 ➝ $41.60High
4/30/2021MizuhoBoost TargetNeutral$36.00 ➝ $41.60High
4/29/2021KeyCorpBoost TargetOverweight$46.60 ➝ $48.00High
4/23/2021KeyCorpBoost TargetOverweight$39.00 ➝ $46.60Low
4/21/2021Monness Crespi & HardtBoost TargetBuy$39.00 ➝ $45.00Low
4/19/2021BTIG ResearchBoost TargetBuy$41.00 ➝ $48.00Low
4/16/2021BarclaysBoost TargetEqual Weight$40.40 ➝ $42.00Low
3/10/2021MizuhoBoost Target$33.40 ➝ $36.00Medium
3/10/2021BarclaysBoost TargetEqual Weight$34.60 ➝ $40.40Medium
3/10/2021BTIG ResearchBoost TargetBuy$36.60 ➝ $41.00Medium
3/10/2021DA DavidsonBoost TargetBuy$36.00 ➝ $40.00Medium
3/10/2021BMO Capital MarketsBoost TargetMarket Perform$36.00 ➝ $39.00Medium
3/10/2021Royal Bank of CanadaBoost TargetSector Perform$32.40 ➝ $35.00Medium
3/10/2021Morgan StanleyBoost TargetEqual Weight$27.80 ➝ $34.00Low
3/10/2021Raymond JamesBoost TargetOutperform$35.00 ➝ $40.00High
3/10/2021Monness Crespi & HardtBoost TargetBuy$35.00 ➝ $39.00High
3/10/2021KeyCorpBoost TargetOverweight$37.00 ➝ $39.00High
3/10/2021Piper SandlerBoost TargetNeutral$30.00 ➝ $35.00High
2/11/2021OppenheimerReiterated RatingOutperform$38.00Low
2/5/2021CitigroupLower TargetSell$22.00 ➝ $20.80Low
2/5/2021Morgan StanleyBoost TargetEqual Weight$25.40 ➝ $27.80Medium
2/5/2021Monness Crespi & HardtBoost TargetBuy$31.00 ➝ $35.00Medium
2/5/2021Raymond JamesBoost TargetOutperform$31.00 ➝ $35.00Medium
2/5/2021Royal Bank of CanadaBoost TargetPositive ➝ Sector Perform$27.20 ➝ $32.40Medium
2/5/2021MizuhoBoost TargetNeutral$32.00 ➝ $33.40Medium
2/5/2021BarclaysBoost TargetEqual Weight$30.00 ➝ $34.60Medium
2/5/2021Pritchard CapitalLower TargetSell$22.00 ➝ $20.80Medium
1/22/2021BTIG ResearchUpgradeNeutral ➝ Buy$35.60Low
1/14/2021OTR GlobalUpgradePositiveLow
1/13/2021OppenheimerBoost TargetOutperform$32.00 ➝ $38.00High
1/12/2021MizuhoBoost TargetNeutral$26.00 ➝ $32.00High
1/12/2021DA DavidsonUpgradeNeutral ➝ Buy$26.00 ➝ $34.00High
1/8/2021The Goldman Sachs GroupBoost TargetBuy$30.40 ➝ $33.80High
1/4/2021Piper SandlerDowngradeOverweight ➝ Neutral$30.00N/A
12/16/2020MizuhoBoost TargetNeutral$26.00 ➝ $28.00Low
12/9/2020Edward JonesInitiated CoverageBuyMedium
12/9/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$28.00High
11/23/2020KeyCorpInitiated CoverageSector Weight ➝ Sector WeightHigh
10/30/2020Credit Suisse GroupBoost TargetNeutral$26.00 ➝ $27.00High
10/30/2020Morgan StanleyBoost TargetEqual Weight$24.80 ➝ $25.20High
10/20/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$28.60 ➝ $30.00Medium
10/15/2020MizuhoBoost TargetNeutral$24.60 ➝ $26.00High
9/21/2020OppenheimerReiterated RatingBuy$32.00High
8/26/2020UBS GroupBoost Target$26.80 ➝ $28.00Low
8/20/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$26.20High
8/11/2020OppenheimerInitiated CoverageBuy$32.00Low
8/10/2020CitigroupBoost TargetSell$18.40 ➝ $20.40Medium
8/7/2020Credit Suisse GroupBoost TargetNeutral$22.00 ➝ $26.00High
8/7/2020UBS GroupBoost TargetIn-Line ➝ Neutral$24.40 ➝ $26.80Medium
7/21/2020OppenheimerReiterated RatingBuyMedium
7/15/2020OTR GlobalDowngradePositiveLow
7/15/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$25.80 ➝ $28.00Medium
7/14/2020Morgan StanleyBoost TargetEqual Weight$23.20 ➝ $24.80Medium
7/7/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$27.00Low
6/29/2020OppenheimerReiterated RatingBuy$32.00High
6/24/2020Monness Crespi & HardtBoost TargetBuy$28.00 ➝ $31.00High
6/16/2020Piper SandlerBoost TargetOverweight$25.00 ➝ $29.20Low
6/3/2020WedbushBoost TargetPositive ➝ Outperform$30.00 ➝ $34.00Medium
5/20/2020OppenheimerBoost TargetOutperform$29.00 ➝ $32.00Low
5/13/2020MizuhoReiterated RatingHold$24.60Low
5/13/2020OppenheimerBoost TargetOutperform$27.00 ➝ $29.00Low
5/8/2020CitigroupBoost TargetSell$17.60 ➝ $18.40Low
5/7/2020MizuhoBoost TargetNeutral$23.20 ➝ $24.60Medium
5/7/2020Robert W. BairdBoost TargetNeutral$21.00 ➝ $24.00Medium
5/7/2020UBS GroupBoost TargetNeutral$23.00 ➝ $24.40Medium
5/7/2020Bank of AmericaReiterated RatingBuy$24.00 ➝ $28.00Medium
5/7/2020DA DavidsonBoost TargetNeutral$18.00 ➝ $22.00Medium
5/7/2020BarclaysBoost TargetEqual Weight$24.40 ➝ $26.40High
5/7/2020Raymond JamesBoost TargetOutperform$23.00 ➝ $26.60High
5/7/2020Credit Suisse GroupBoost TargetNeutral$20.00 ➝ $22.00High
5/7/2020Morgan StanleyBoost TargetEqual Weight$20.00 ➝ $23.20High
5/7/2020Monness Crespi & HardtBoost TargetBuy$26.60 ➝ $28.00High
5/7/2020OppenheimerBoost TargetOutperform$23.00 ➝ $27.00High
5/7/2020Piper SandlerBoost TargetOverweight$22.00 ➝ $25.00High
5/4/2020Evercore ISIInitiated CoverageOutperform$25.60Medium
4/21/2020CowenLower TargetMarket Perform$23.00 ➝ $21.00High
4/14/2020BarclaysReiterated RatingHold$24.40Medium
4/3/2020Raymond JamesLower TargetOutperform$27.20 ➝ $23.00Medium
3/27/2020BTIG ResearchInitiated CoverageNeutralLow
3/25/2020Morgan StanleyLower TargetEqual Weight$24.00 ➝ $20.00Medium
3/20/2020The Goldman Sachs GroupLower TargetBuy$27.00 ➝ $19.20Medium
3/17/2020DA DavidsonDowngradeBuy ➝ Neutral$28.00 ➝ $18.00High
2/12/2020CfraBoost TargetHold$19.00 ➝ $25.00Low
2/7/2020Piper SandlerBoost TargetOverweight$25.20 ➝ $27.00Low
2/7/2020Morgan StanleyBoost TargetEqual Weight$22.20 ➝ $24.00Medium
2/7/2020Monness Crespi & HardtBoost TargetBuy$24.00 ➝ $26.60High
2/7/2020WedbushBoost TargetBuy$26.00 ➝ $30.00High
2/7/2020Credit Suisse GroupBoost TargetNeutral$19.00 ➝ $23.00High
2/3/2020Northland SecuritiesBoost TargetOutperform$20.00 ➝ $27.00Low
2/3/2020BMO Capital MarketsBoost TargetMarket Perform$23.00 ➝ $26.40Low
1/22/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$26.60Medium
1/13/2020DA DavidsonInitiated CoverageBuy$26.00Low
1/13/2020OppenheimerBoost TargetOutperform$22.00 ➝ $26.00Medium
11/20/2019BMO Capital MarketsBoost TargetMarket Perform$23.00Low
11/19/2019Royal Bank of CanadaReiterated RatingSector Perform ➝ Neutral$20.00 ➝ $21.80Low
11/19/2019Morgan StanleyBoost TargetEqual Weight$16.40 ➝ $19.20Low
11/19/2019Monness Crespi & HardtBoost TargetBuy$22.00 ➝ $24.00Medium
11/19/2019CowenBoost TargetMarket Perform$17.60 ➝ $21.00Medium
11/19/2019WedbushBoost Target$22.00 ➝ $26.00Medium
11/19/2019MizuhoBoost TargetNeutral$18.40 ➝ $20.40Medium
11/19/2019BarclaysBoost TargetEqual Weight$21.00 ➝ $23.60Medium
11/18/2019FBN SecuritiesReiterated RatingOutperformMedium
11/15/2019Credit Suisse GroupUpgradeUnderperform ➝ Neutral$15.80 ➝ $19.00Low
11/12/2019The Goldman Sachs GroupInitiated CoverageBuy$22.60Medium
11/8/2019Piper Jaffray CompaniesInitiated CoverageOverweight$23.20Low
11/4/2019Evercore ISISet TargetHold$18.00Medium
11/1/2019FBN SecuritiesSet TargetBuy$23.00N/A
11/1/2019BarclaysSet TargetHold$21.00N/A
11/1/2019JPMorgan Chase & Co.Set TargetBuy$21.60 ➝ $22.20Medium
11/1/2019Deutsche Bank AktiengesellschaftSet TargetHold$17.40 ➝ $19.40Medium
11/1/2019Morgan StanleySet TargetHold$15.80 ➝ $16.40Medium
11/1/2019Monness Crespi & HardtBoost TargetBuy$20.40 ➝ $22.00High
11/1/2019BMO Capital MarketsBoost TargetMarket Perform$20.00 ➝ $20.80High
11/1/2019MizuhoBoost TargetNeutral$17.20 ➝ $18.40High
9/15/2019Robert W. BairdSet TargetHold$20.00Medium
8/4/2019BarclaysReiterated RatingHold$19.80High
8/2/2019Morgan StanleyBoost TargetEqual Weight$15.40 ➝ $15.80Medium
8/2/2019CitigroupBoost TargetSell$15.60 ➝ $16.00Medium
8/2/2019Monness Crespi & HardtReiterated RatingBuy ➝ Buy$19.40 ➝ $20.40High
8/2/2019Bank of AmericaUpgradeNeutral ➝ BuyHigh
8/2/2019Robert W. BairdReiterated RatingHold$20.00High
6/24/2019JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$18.60High
6/11/2019Morgan StanleyLower TargetEqual Weight$16.80 ➝ $15.40Medium
5/23/2019CowenInitiated CoverageMarket Perform ➝ Market Perform$17.00High
5/7/2019Evercore ISIReiterated RatingHold$16.00High
5/3/2019Monness Crespi & HardtReiterated RatingBuy ➝ Buy$19.00 ➝ $19.40Medium
5/3/2019CitigroupDowngradeNeutral ➝ Sell$16.80 ➝ $15.60Medium
5/3/2019Northland SecuritiesReiterated RatingBuy$20.00High
4/16/2019Stifel NicolausBoost TargetHold ➝ Hold$17.00 ➝ $19.00Medium
4/15/2019OTR GlobalUpgradePositiveLow
3/26/2019MizuhoInitiated CoverageNeutral ➝ Neutral$18.00High
2/8/2019First AnalysisUpgradeNeutral ➝ Outperform$16.00 ➝ $18.40Medium
2/7/2019Credit Suisse GroupBoost TargetUnderperform$12.00 ➝ $14.00High
2/7/2019OppenheimerBoost TargetOutperform$17.60 ➝ $19.40High
2/7/2019GabelliDowngradeBuy ➝ HoldHigh
2/7/2019BMO Capital MarketsReiterated RatingMarket Perform ➝ Market Perform$15.60 ➝ $18.00High
1/22/2019BMO Capital MarketsDowngradeOutperform ➝ Market Perform$18.00 ➝ $15.60Medium
1/18/2019OTR GlobalDowngradePositiveLow
1/7/2019OppenheimerLower Target$19.40 ➝ $17.60Low
1/4/2019The Goldman Sachs GroupDowngradeBuy ➝ Sell$19.00 ➝ $11.80High
12/10/2018GuggenheimInitiated CoverageNeutral$14.40Low
11/26/2018Raymond JamesUpgradeMarket Perform ➝ OutperformHigh
11/20/2018Raymond JamesUpgradeMarket Perform ➝ OutperformMedium
11/5/2018Dougherty & CoUpgradeNeutral ➝ Buy$17.00Medium
11/4/2018BarclaysReiterated RatingHold$18.00Medium
11/2/2018JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$15.20 ➝ $18.60Low
11/2/2018CitigroupBoost TargetNeutral ➝ Neutral$14.20 ➝ $16.80Low
11/2/2018BMO Capital MarketsBoost TargetOutperform ➝ Outperform$15.20 ➝ $18.00Low
11/2/2018Royal Bank of CanadaBoost TargetSector Perform$15.20High
11/2/2018Monness Crespi & HardtBoost TargetBuy ➝ Buy$15.20 ➝ $18.20High
10/18/2018WedbushInitiated CoverageOutperform ➝ Outperform$20.00Low
10/18/2018Robert W. BairdReiterated RatingNeutral ➝ NeutralLow
9/26/2018OppenheimerBoost TargetOutperform$16.40 ➝ $19.40High
9/25/2018The Goldman Sachs GroupSet TargetBuy$19.00Medium
9/20/2018Bank of AmericaDowngradeBuy ➝ Neutral$15.40 ➝ $19.00Low
9/18/2018UBS GroupDowngradeBuy ➝ Neutral$16.00 ➝ $18.00Medium
8/3/2018Morgan StanleyBoost TargetEqual Weight ➝ Hold$11.00 ➝ $13.40Low
8/2/2018Bank of AmericaBoost TargetBuy ➝ Buy$14.00 ➝ $15.40High
8/2/2018CitigroupBoost TargetNeutral ➝ Neutral$11.20 ➝ $14.20High
8/2/2018Piper Jaffray CompaniesBoost TargetOverweight$12.80 ➝ $16.00High
8/2/2018Susquehanna BancsharesBoost TargetNeutral ➝ Neutral$12.20 ➝ $13.60High
8/2/2018BarclaysBoost TargetEqual Weight ➝ Equal Weight$12.60 ➝ $15.00High
8/2/2018OppenheimerBoost TargetOutperform$14.00 ➝ $16.40High
8/2/2018Credit Suisse GroupBoost TargetUnderperform ➝ Underperform$8.60 ➝ $10.40High
8/2/2018Stifel NicolausBoost TargetHold ➝ Buy$12.00 ➝ $14.40High
8/2/2018Royal Bank of CanadaBoost TargetSector Perform$13.80High
8/2/2018JPMorgan Chase & Co.Boost TargetNeutral$15.20High
8/2/2018BMO Capital MarketsReiterated RatingOutperform ➝ Outperform$12.20 ➝ $15.20High
7/31/2018Monness Crespi & HardtBoost TargetBuy$12.80 ➝ $14.00Low
6/19/2018CowenDowngradeOutperform ➝ Market PerformLow
6/11/2018Bank of AmericaBoost TargetBuy ➝ Buy$12.80 ➝ $14.00Low
5/21/2018UBS GroupBoost TargetBuy ➝ Buy$12.80 ➝ $13.40Low
5/4/2018Bank of AmericaBoost TargetBuy ➝ Buy$12.60 ➝ $12.80Low
5/4/2018Morgan StanleySet TargetEqual Weight ➝ Hold$10.60 ➝ $11.00Low
5/4/2018Credit Suisse GroupBoost TargetUnderperform ➝ Underperform$7.40 ➝ $8.60Low
5/4/2018Deutsche Bank AktiengesellschaftBoost TargetHold ➝ Hold$9.40 ➝ $12.20Low
5/4/2018Stifel NicolausBoost TargetHold ➝ Hold$9.20 ➝ $12.00High
5/4/2018Monness Crespi & HardtBoost TargetBuy ➝ Buy$12.00 ➝ $12.80High
5/4/2018Piper Jaffray CompaniesReiterated RatingOverweight$12.80High
5/4/2018JPMorgan Chase & Co.Boost TargetNeutral$11.60High
5/4/2018BMO Capital MarketsBoost TargetOutperform ➝ Outperform$11.60 ➝ $12.20High
5/4/2018Evercore ISIReiterated RatingHold$10.60High
4/24/2018Bank of AmericaBoost TargetBuy ➝ Buy$11.40 ➝ $12.60High
4/16/2018CitigroupBoost TargetNeutral ➝ Neutral$9.00 ➝ $11.20Low
4/11/2018Morgan StanleyDowngradeOverweight ➝ Equal Weight$10.60High
3/29/2018BMO Capital MarketsReiterated RatingOutperform ➝ Outperform$10.00 ➝ $11.60High
3/27/2018OppenheimerBoost TargetOutperform$11.00 ➝ $12.00High
3/22/2018KeyCorpReiterated RatingEqual WeightLow
3/21/2018UBS GroupBoost TargetBuy ➝ Buy$10.00 ➝ $12.40Medium
2/28/2018OppenheimerBoost TargetOutperform$10.00 ➝ $11.00Low
2/28/2018Monness Crespi & HardtReiterated RatingBuy ➝ Buy$10.00 ➝ $11.20High
2/28/2018Credit Suisse GroupReiterated RatingSell$7.40Medium
2/28/2018Piper Jaffray CompaniesReiterated RatingOverweight$11.40Medium
2/6/2018Bank of AmericaBoost TargetBuy ➝ Buy$9.60 ➝ $9.80High
2/6/2018Morgan StanleyBoost TargetOverweight ➝ Overweight$10.20 ➝ $10.60High
2/6/2018Credit Suisse GroupBoost TargetUnderperform ➝ Underperform$6.60 ➝ $7.40High
2/6/2018Royal Bank of CanadaBoost TargetSector Perform$9.20High
2/6/2018CitigroupBoost TargetNeutral ➝ Neutral$8.20 ➝ $9.00High
2/6/2018BarclaysBoost TargetEqual Weight ➝ Equal Weight$9.60 ➝ $10.00High
2/6/2018Stifel NicolausBoost TargetHold ➝ Hold$8.40 ➝ $9.20High
2/6/2018BMO Capital MarketsBoost TargetOutperform ➝ Outperform$9.00 ➝ $10.00High
2/6/2018Robert W. BairdReiterated RatingBuy$11.20High
2/5/2018Evercore ISISet TargetHold$8.40High
2/1/2018Dougherty & CoDowngradeBuy ➝ NeutralLow
(Data available from 1/29/2018 forward)

News Sentiment Rating

0.74 (Buy)

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
  • 2 very positive mentions
  • 27 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
7/3/2022
  • 10 very positive mentions
  • 12 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
8/2/2022
  • 16 very positive mentions
  • 49 positive mentions
  • 7 negative mentions
  • 1 very negative mentions
9/1/2022
  • 11 very positive mentions
  • 31 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
10/1/2022
  • 10 very positive mentions
  • 19 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
10/31/2022
  • 7 very positive mentions
  • 34 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
11/30/2022
  • 14 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/30/2022
  • 21 very positive mentions
  • 9 positive mentions
  • 9 negative mentions
  • 0 very negative mentions
1/29/2023

Current Sentiment

  • 21 very positive mentions
  • 9 positive mentions
  • 9 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
Fortinet logo
Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, 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 includes the majority of product sales from its FortiGate network security appliances. The Infrastructure Security segment provides a platform, which is an architectural approach that protects the entire digital attack surface, including network core, endpoints, applications, data centers and private and public clouds. Together with its 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 customers to connect securely to and across their cloud environments by offering security through its virtual firewall and other software products in public and private cloud environments. The Endpoint Protection, Internet of Things and Operational Technology segment includes the
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Today's Range

Now: $52.70
Low: $51.71
High: $53.13

50 Day Range

MA: $50.75
Low: $47.45
High: $55.38

52 Week Range

Now: $52.70
Low: $42.61
High: $71.52

Volume

5,257,089 shs

Average Volume

4,586,910 shs

Market Capitalization

$41.17 billion

P/E Ratio

58.17

Dividend Yield

N/A

Beta

1.13

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: Atlantic Securities, Bank of America Co., Barclays PLC, BMO Capital Markets, BTIG Research, Cantor Fitzgerald, Citigroup Inc., Deutsche Bank Aktiengesellschaft, Evercore ISI, Guggenheim, Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Mizuho, MKM Partners, Morgan Stanley, Oppenheimer Holdings Inc., Piper Sandler, Raymond James, Robert W. Baird, Royal Bank of Canada, Scotiabank, StockNews.com, Sumitomo Mitsui Financial Group, Inc., The Goldman Sachs Group, Inc., TheStreet, UBS Group AG, Wedbush, and Wells Fargo & Company.
View the latest analyst ratings for FTNT.

What is the current price target for Fortinet?

26 Wall Street analysts have set twelve-month price targets for Fortinet in the last year. Their average twelve-month price target is $66.15, suggesting a possible upside of 25.5%. The Goldman Sachs Group, Inc. has the highest price target set, predicting FTNT will reach $78.00 in the next twelve months. Deutsche Bank Aktiengesellschaft has the lowest price target set, forecasting a price of $53.00 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 8 hold ratings and 17 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe FTNT will outperform the market and that investors should add to their positions of Fortinet.
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. Learn More about contacing Fortinet investor relations.