Fortinet, Inc. (FTNT)
NASDAQ: FTNT · Real-Time Price · USD
102.09
+2.30 (2.30%)
Mar 25, 2025, 4:00 PM EST - Market closed
Fortinet Stock Forecast
Stock Price Forecast
The 28 analysts with 12-month price forecasts for Fortinet stock have an average target of 105.64, with a low estimate of 67 and a high estimate of 135. The average target predicts an increase of 3.48% from the current stock price of 102.09.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Fortinet stock from 31 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 7 | 7 | 7 | 7 | 7 |
| Buy | 4 | 5 | 6 | 6 | 5 | 5 |
| Hold | 21 | 19 | 19 | 18 | 18 | 18 |
| Sell | 2 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 33 | 33 | 34 | 33 | 31 | 31 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $113 → $123 | Buy | Maintains | $113 → $123 | +20.48% | Mar 18, 2025 |
| Susquehanna | Susquehanna | Hold Maintains $90 → $110 | Hold | Maintains | $90 → $110 | +7.75% | Feb 10, 2025 |
| RBC Capital | RBC Capital | Hold Maintains $97 → $115 | Hold | Maintains | $97 → $115 | +12.65% | Feb 7, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Maintains $110 → $115 | Hold | Maintains | $110 → $115 | +12.65% | Feb 7, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $114 → $130 | Strong Buy | Maintains | $114 → $130 | +27.34% | Feb 7, 2025 |
Financial Forecast
Revenue This Year
6.91B
from 5.96B
Increased by 15.99%
Revenue Next Year
7.81B
from 6.91B
Increased by 13.04%
EPS This Year
2.52
from 2.26
Increased by 11.68%
EPS Next Year
2.88
from 2.52
Increased by 14.01%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.3B | 9.3B | 11.3B | ||
| Avg | 6.9B | 7.8B | 9.1B | ||
| Low | 6.5B | 7.2B | 7.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 23.3% | 34.3% | 44.7% | ||
| Avg | 16.0% | 13.0% | 16.5% | ||
| Low | 9.3% | 3.9% | -0.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.11 | 4.14 | 4.97 | ||
| Avg | 2.52 | 2.88 | 3.48 | ||
| Low | 2.36 | 2.56 | 2.54 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 37.6% | 64.1% | 72.9% | ||
| Avg | 11.7% | 14.0% | 20.9% | ||
| Low | 4.3% | 1.3% | -11.8% |
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.