Fortinet, Inc. (FTNT)
NASDAQ: FTNT · Real-Time Price · USD
101.95
+1.12 (1.11%)
At close: Jun 16, 2025, 4:00 PM
101.20
-0.75 (-0.74%)
Pre-market: Jun 17, 2025, 4:03 AM EDT
Fortinet Stock Forecast
Stock Price Forecast
The 32 analysts that cover Fortinet stock have a consensus rating of "Buy" and an average price target of $106.93, which forecasts a 4.88% increase in the stock price over the next year. The lowest target is $81 and the highest is $135.
Price Target: $106.93 (+4.88%)
Analyst Consensus: Buy
* Price targets were last updated on May 8, 2025.
Analyst Ratings
The average analyst rating for Fortinet stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Hold | 18 | 18 | 18 | 20 | 19 | 19 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Total | 33 | 31 | 31 | 33 | 32 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Maintains $130 → $120 | Buy | Maintains | $130 → $120 | +17.70% | May 8, 2025 |
| UBS | UBS | Hold Maintains $115 → $105 | Hold | Maintains | $115 → $105 | +2.99% | May 8, 2025 |
| RBC Capital | RBC Capital | Hold Maintains $110 → $105 | Hold | Maintains | $110 → $105 | +2.99% | May 8, 2025 |
| Keybanc | Keybanc | Buy Maintains $120 → $115 | Buy | Maintains | $120 → $115 | +12.80% | May 8, 2025 |
| Scotiabank | Scotiabank | Buy Maintains $135 → $115 | Buy | Maintains | $135 → $115 | +12.80% | May 8, 2025 |
Financial Forecast
Revenue This Year
6.90B
from 5.96B
Increased by 15.79%
Revenue Next Year
7.79B
from 6.90B
Increased by 12.92%
EPS This Year
2.52
from 2.26
Increased by 11.63%
EPS Next Year
2.89
from 2.52
Increased by 14.38%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.2B | 9.1B | 10.6B | ||
| Avg | 6.9B | 7.8B | 8.9B | ||
| Low | 6.5B | 7.2B | 7.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.0% | 32.0% | 35.6% | ||
| Avg | 15.8% | 12.9% | 13.9% | ||
| Low | 9.4% | 4.4% | 0.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.66 | 3.96 | 4.75 | ||
| Avg | 2.52 | 2.89 | 3.35 | ||
| Low | 2.38 | 2.54 | 2.53 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.5% | 57.0% | 64.7% | ||
| Avg | 11.6% | 14.4% | 16.0% | ||
| Low | 5.4% | 0.6% | -12.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.