Fortinet, Inc.FTNTNASDAQ
Loading

Analyst Sentiment

Analysts are neutral — opinion is divided on direction.

Consensus Rating
Hold
28 analysts·High coverage
25%
Rating Distribution
Strong Buy
00%
Buy
725%
Hold
1761%
Sell
414%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Analysts see modest upside — consensus target 6% higher.

Bear Case
$70.00
-14%
Consensus
$85.71
+6%
Bull Case
$95.00
+17%
Price Range28 analysts
Low
Consensus
High
$70.00
$95.00
Current Target
Current Price
$81.10
Upside to Target
$4.61

Price targets are 12-month forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Earnings Surprises

Recent Analyst Actions

Feb 9, 2026BMO Capital
Fortinet price target raised to $95 from $90 at BMO Capital
Target:$95.00
+14.8%from $82.76
Feb 6, 2026Robert W. Baird
Fortinet price target raised to $90 from $86 at Baird
Target:$90.00
+10.5%from $81.46
Feb 6, 2026RBC Capital
Fortinet price target raised to $90 from $85 at RBC Capital
Target:$90.00
+10.3%from $81.61
Feb 6, 2026Bernstein
Fortinet price target raised to $83 from $76 at Bernstein
Target:$83.00
+1.4%from $81.83
Feb 6, 2026Evercore ISI
Fortinet price target raised to $80 from $78 at Evercore ISI
Target:$80.00
-1.1%from $80.89
Feb 6, 2026Mizuho Securities
Fortinet price target raised to $74 from $72 at Mizuho
Target:$74.00
-6.2%from $78.93
Feb 6, 2026UBS
Fortinet price target raised to $90 from $80 at UBS
Target:$90.00
+14.0%from $78.93
Feb 6, 2026Jefferies
Fortinet price target raised to $90 from $80 at Jefferies
Target:$90.00
+14.0%from $78.93
Feb 3, 2026Barclays
Barclays likes Fortinet share setup into Q4 results
Target:$88.00
+8.3%from $81.29
Feb 2, 2026Scotiabank
Fortinet downgraded to Sector Perform from Outperform at Scotiabank
Target:$85.00
+4.6%from $81.26
Jan 30, 2026Jefferies
Jefferies Reiterates Hold Rating on Fortinet (FTNT)
Target:$80.00
-1.9%from $81.51
Jan 20, 2026Truist Financial
Fortinet price target lowered to $88 from $95 at Truist
Target:$88.00
+17.2%from $75.10
Jan 5, 2026Piper Sandler
Fortinet price target raised to $90 from $85 at Piper Sandler
Target:$90.00
+15.6%from $77.88
Dec 18, 2025Morgan Stanley
Fortinet price target raised to $70 from $66 at Morgan Stanley
Target:$70.00
-11.8%from $79.38
Nov 24, 2025Cantor Fitzgerald
Cantor Fitzgerald Reiterates Neutral Rating on Fortinet (FTNT)
Target:$87.00
+10.2%from $78.92
Sep 2, 2025Morgan Stanley
Fortinet downgraded to Underweight from Equal Weight at Morgan Stanley
Target:$67.00
-12.9%from $76.92
Aug 7, 2025Morgan Stanley
Fortinet downgraded to Equal Weight from Overweight at Morgan Stanley
Target:$78.00
-19.2%from $96.58
Jul 14, 2025Barclays
Fortinet price target raised to $110 from $103 at Barclays
Target:$110.00
+11.0%from $99.06
Apr 22, 2025Roth Capital
Fortinet initiated with a Neutral at Roth Capital
Target:$103.00
+9.1%from $94.37
Mar 18, 2025UBS
Fortinet assumed with an Overweight at Morgan Stanley
Target:$123.00
+28.8%from $95.47
Dec 19, 2024KeyBanc
Fortinet upgraded to Overweight from Sector Weight at KeyBanc
Target:$115.00
+18.4%from $97.13
Dec 18, 2024Stifel Nicolaus
Fortinet price target raised to $103 from $90 at Stifel
Target:$103.00
+10.3%from $93.36
Nov 19, 2024Rosenblatt Securities
Fortinet (FTNT) PT Raised to $100 at Rosenblatt
Target:$100.00
+43.5%from $69.69
Nov 11, 2024HSBC
HSBC Upgrades Fortinet (FTNT) to Buy
Target:$111.00
+14.2%from $97.18
Nov 8, 2024BMO Capital
Fortinet (FTNT) PT Raised to $88 at BMO Capital
Target:$88.00
+12.6%from $78.18