Fortinet, Inc. (FTNT)
NASDAQ: FTNT · Real-Time Price · USD
99.20
+2.35 (2.43%)
At close: Apr 15, 2025, 4:00 PM
98.78
-0.42 (-0.42%)
After-hours: Apr 15, 2025, 7:20 PM EDT
Fortinet Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for Fortinet stock have an average target of 105.72, with a low estimate of 67 and a high estimate of 135. The average target predicts an increase of 6.57% from the current stock price of 99.20.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Fortinet stock from 32 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 5 | 6 | 6 | 5 | 5 | 5 |
| Hold | 19 | 19 | 18 | 18 | 18 | 19 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 33 | 34 | 33 | 31 | 31 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Initiates $108 | Hold | Initiates | $108 | +8.87% | Apr 1, 2025 |
| Jefferies | Jefferies | Hold Maintains $115 → $105 | Hold | Maintains | $115 → $105 | +5.85% | Mar 31, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $113 → $123 | Buy | Maintains | $113 → $123 | +23.99% | Mar 18, 2025 |
| Susquehanna | Susquehanna | Hold Maintains $90 → $110 | Hold | Maintains | $90 → $110 | +10.89% | Feb 10, 2025 |
| RBC Capital | RBC Capital | Hold Maintains $97 → $115 | Hold | Maintains | $97 → $115 | +15.93% | 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 13.01%
EPS This Year
2.52
from 2.26
Increased by 11.61%
EPS Next Year
2.87
from 2.52
Increased by 13.88%
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% | 44.8% | ||
| Avg | 16.0% | 13.0% | 16.6% | ||
| 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 | 2.87 | 3.44 | ||
| Low | 2.36 | 2.56 | 2.54 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 37.6% | 64.2% | 73.2% | ||
| Avg | 11.6% | 13.9% | 19.8% | ||
| Low | 4.3% | 1.4% | -11.6% |
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.