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Fortinet (FTNT) Stock Forecast, Price Target & Predictions

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FTNT Stock Forecast

Fortinet (FTNT) stock forecast, based on 67 Wall Street analysts, predicts a 12-month average price target of $85.67, with a high of $95.00 and a low of $70.00. This represents a 2.62% increase from the last price of $83.48.

$55 $64 $73 $82 $91 $100 High: $95 Avg: $85.67 Low: $70 Last Closed Price: $83.48

FTNT Stock Rating

Fortinet stock's rating consensus is Hold, based on 67 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 30 Buy (44.78%), 32 Hold (47.76%), 5 Sell (7.46%), and 0 Strong Sell (0.00%).

Hold
Total 67 0 5 32 30 Strong Sell Sell Hold Buy Strong Buy

FTNT Price Target Upside V Benchmarks

TypeNameUpside
StockFortinet2.62%
SectorTechnology Stocks 31.73%

Price Target Trends

1M3M12M
# Anlaysts11521
Avg Price Target$85.00$85.20$87.90
Last Closing Price$83.48$83.48$83.48
Upside/Downside1.82%2.06%5.29%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Mar, 2619293143
Feb, 26210282143
Jan, 2627302142
Dec, 2527302-41
Nov, 2548292-43
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 11, 2026Stifel Nicolaus$85.00$83.102.29%1.82%
Feb 09, 2026BMO Capital$95.00$82.7614.79%13.80%
Feb 06, 2026Robert W. Baird$90.00$81.4610.48%7.81%
Feb 06, 2026Dan BergstromRBC Capital$90.00$81.6110.28%7.81%
Feb 06, 2026Bernstein$83.00$81.831.43%-0.57%
Feb 06, 2026Peter LevineEvercore ISI$80.00$80.89-1.10%-4.17%
Feb 06, 2026Mizuho Securities$74.00$78.93-6.25%-11.36%
Feb 06, 2026UBS$90.00$78.9314.03%7.81%
Feb 06, 2026Joseph GalloJefferies$90.00$78.9314.03%7.81%
Feb 03, 2026Saket KaliaBarclays$88.00$81.298.25%5.41%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 12, 2026Cantor FitzgeraldNeutralNeutralhold
Feb 09, 2026BMO CapitalMarket PerformMarket Performhold
Feb 09, 2026CitigroupNeutralNeutralhold
Feb 06, 2026RBC CapitalSector PerformSector Performhold
Feb 06, 2026BernsteinMarket PerformMarket Performhold
Feb 06, 2026UBSNeutralNeutralhold
Feb 02, 2026ScotiabankSector OutperformSector Performdowngrade
Feb 02, 2026ScotiabankSector OutperformPerformdowngrade
Jan 30, 2026JefferiesHoldHoldhold
Jan 23, 2026OppenheimerPerformPerformhold

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$0.74$1.08$1.47$2.28$2.44---
Avg Forecast$0.78$1.15$1.56$2.25$2.43$2.75$2.76$2.69
High Forecast$0.80$1.19$1.60$2.27$2.63$3.46$3.65$2.82
Low Forecast$0.76$1.04$1.55$2.22$2.13$2.22$1.87$2.60
Surprise %-5.13%-6.09%-5.77%1.33%0.41%---

Revenue Forecast

$3B $5B $6B $8B $9B $11B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.34B$4.42B$5.30B$5.96B$6.80B---
Avg Forecast$3.34B$4.43B$5.30B$5.89B$6.62B$7.49B$9.06B$10.25B
High Forecast$3.41B$4.55B$5.33B$5.90B$6.82B$7.50B$9.16B$10.62B
Low Forecast$3.27B$4.12B$5.27B$5.88B$6.45B$7.47B$8.97B$9.96B
Surprise %0.08%-0.24%0.04%1.06%2.65%---

Net Income Forecast

$0 $600M $1B $2B $2B $3B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$606.80M$857.30M$1.15B$1.75B$1.85B---
Avg Forecast$540.56M$632.91M$1.15B$1.77B$1.69B$1.93B$2.36B$2.12B
High Forecast$648.68M$759.49M$1.38B$1.79B$2.07B$2.72B$2.88B$2.22B
Low Forecast$432.45M$506.33M$918.24M$1.75B$1.68B$1.75B$1.47B$2.05B
Surprise %12.25%35.45%--1.17%9.66%---

FTNT Forecast FAQ

Is Fortinet stock a buy?

Fortinet stock has a consensus rating of Hold, based on 67 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 30 Buy, 32 Hold, 5 Sell, and 0 Strong Sell, reflecting a consensus that Fortinet is a neutral investment for most analysts.

What is Fortinet's price target?

Fortinet's price target, set by 67 Wall Street analysts, averages $85.67 over the next 12 months. The price target range spans from $70 at the low end to $95 at the high end, suggesting a potential 2.62% change from the previous closing price of $83.48.

How does Fortinet stock forecast compare to its benchmarks?

Fortinet's stock forecast shows a 2.62% upside, underperforming the average forecast for the technology stocks sector (31.73%).

What is the breakdown of analyst ratings for Fortinet over the past three months?

  • March 2026: 2.33% Strong Buy, 20.93% Buy, 67.44% Hold, 6.98% Sell, 2.33% Strong Sell.
  • February 2026: 4.65% Strong Buy, 23.26% Buy, 65.12% Hold, 4.65% Sell, 2.33% Strong Sell.
  • January 2026: 4.76% Strong Buy, 16.67% Buy, 71.43% Hold, 4.76% Sell, 2.38% Strong Sell.

What is Fortinet’s EPS forecast?

Fortinet's average annual EPS forecast for its fiscal year ending in December 2026 is $2.75, marking a 12.70% increase from the reported $2.44 in 2025. Estimates for the following years are $2.76 in 2027, and $2.69 in 2028.

What is Fortinet’s revenue forecast?

Fortinet's average annual revenue forecast for its fiscal year ending in December 2026 is $7.49B, reflecting a 10.11% increase from the reported $6.8B in 2025. The forecast for 2027 is $9.06B, and $10.25B for 2028.

What is Fortinet’s net income forecast?

Fortinet's net income forecast for the fiscal year ending in December 2026 stands at $1.93B, representing an 4.25% increase from the reported $1.85B in 2025. Projections indicate $2.36B in 2027, and $2.12B in 2028.